Mount Prospect Historical Society is located in Mount Prospect, IL. The organization was established in 1969. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Prospect Historical Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mount Prospect Historical Society generated $98.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $96.5k during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE SOCIETY'S MISSION IS TO DISCOVER, PRESERVE AND DISEMINATE KNOWLEDGE ABOUT THE HISTORY OF MOUNT PROSPECT, ILLINOIS AND THE SURROUNDING AREA.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Deb Rittle President | 7 | $0 | |
| Frank Corry Treasurer | 7 | $0 | |
| Marilyn Genther Co-Vice President | 5 | $0 | |
| Jean Murphy Co-Vice President | 5 | $0 | |
| Sharon Anderson Secretary | 5 | $0 | |
| Emily Dattilo Director | 30 | $27,244 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,738 | 
| Total Program Service Revenue | $5,780 | 
| Membership dues | $0 | 
| Investment income | $14 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $28,775 | 
| Other Revenue | $1,389 | 
| Total Revenue | $98,696 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $55,350 | 
| Professional fees and other payments to independent contractors | $3,150 | 
| Occupancy, rent, utilities, and maintenance | $12,827 | 
| Printing, publications, postage, and shipping | $1,153 | 
| Other expenses | $23,997 | 
| Total expenses | $96,477 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,649 | 
| Other assets | $0 | 
| Total assets | $417,535 | 
| Total liabilities | $6 | 
| Net assets or fund balances | $417,529 |