Elkhorn Valley Historical Society Of Norfolk
- Assets
- $2.5m
- Revenue
- $226.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Norfolk, NE
- Founding
- 01/1986
- Data as of
- 06/2021
- EIN
- 36-3377579
Organization Overview
Elkhorn Valley Historical Society Of Norfolk is located in Norfolk, NE. The organization was established in 1986. 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. As of 06/2022, Elkhorn Valley Historical Society Of Norfolk employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elkhorn Valley Historical Society Of Norfolk 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 06/2021, Elkhorn Valley Historical Society Of Norfolk generated $226.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $352.6k during the year ending 06/2021. While expenses have increased by 8.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, INTERPRET, AND PRESENT THE HISTORY OF THE ELKHORN VALLEY REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COLLECT, PRESERVE, PRESENT, RESEARCH & INTERPRET ARTIFACTS, DOCUMENTS & PUBLISHED MATERIALS RELATING TO THE HUMAN HISTORY OF THE ELKHORN VALLEY REGION OF NEBRASKA. THIS REGION INCLUDES TWENTY-TWO COUNTIES IN THE STATE OF NEBRASKA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Brown Executive Director | Trustee | 40 | $35,559 |
Elizabeth Mckay Executive Director | Trustee | 40 | $12,944 |
Lynn Laible President | OfficerTrustee | 0 | $0 |
Vicki Blattert Secretary | OfficerTrustee | 0 | $0 |
Latrice Hoffman Vice President/treasurer | OfficerTrustee | 0 | $0 |
Paul Muncy Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,938 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,123 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $11 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,072 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,180 |
| Office expenses | $12,819 |
| Information technology | $2,968 |
| Royalties | $0 |
| Occupancy | $8,963 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,759 |
| Insurance | $13,908 |
| All other expenses | $0 |
| Total functional expenses | $352,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,674 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,927 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $1,424,555 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $452,281 |
| Total assets | $2,517,946 |
| Accounts payable and accrued expenses | $1,993 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,993 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,515,953 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Elkhorn Valley Historical Society Of Norfolk has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Peter Kiewit Foundation Omaha, NE PURPOSE: TO PROVIDE CAPITAL SUPPORT FOR THE RENOVATION OF THE JOHNNY CARSON GALLERY. | $15,000 |
Endowment Analysis
| Beg. Balance | $1,424,555 |
| Earnings | -$142,334 |
| Net Contributions | $50,000 |
| Other Expense | $53,125 |
| Ending Balance | $1,279,096 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central City Opera House Association Wheat Ridge, CO | $4,003,841 | $11,954,405 |
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Railroad Heritage Inc Topeka, KS | $0 | $93,486 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Boulder Historical Society Inc Boulder, CO | $19,392,062 | $1,254,110 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Aspen Historical Society Aspen, CO | $4,847,508 | $1,684,558 |
Historic Denver Inc Denver, CO | $2,418,830 | $1,380,558 |
Reno County Historical Society Inc Hutchinson, KS | $3,503,788 | $1,428,936 |