Milton Historical Society
- Assets
- $2.1m
- Revenue
- $214.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Milton, WI
- Founding
- 06/1968
- Data as of
- 12/2021
- EIN
- 39-1095660
Organization Overview
Milton Historical Society is located in Milton, WI. The organization was established in 1968. 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 12/2021, Milton Historical Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milton 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 12/2021, Milton Historical Society generated $214.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $122.1k during the year ending 12/2021. While expenses have increased by 0.1% 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
THE MILTON HISTORICAL SOCIETY WAS FORMED IN 1948 TO PRESERVE THE MILTON HOUSE MUSEUM AND FOR THE PRESERVATION, ANDVANCEMENT, AND DISSEMINATION OF THE HISTORY OF MILTON AND SURROUNDING AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MILTON HOUSE MUSEUM PROVIDED TOURS FOR VISITORS
THE MILTON HISTORICAL SOCIETY PROVIDES EXHIBITS, SPECIAL EVENTS, AND RESEARCH ACTIVITIES
THE MILTON HISTORICAL SOCIETY WAS FORMED IN 1948 TO PRESERVE THE MILTON HOUSE MUSEUM AND FOR THE PRESERVATION, ANDVANCEMENT, AND DISSEMINATION OF THE HISTORY OF MILTON AND SURROUNDING AREAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Pierce President | OfficerTrustee | 2 | $0 |
Chuck Jackson Treasurer | OfficerTrustee | 2 | $0 |
Gene Bier Vice Preside | OfficerTrustee | 2 | $0 |
Rhonda Mitchell Secretary | OfficerTrustee | 2 | $0 |
Al Bortles Board Member | Trustee | 2 | $0 |
Sue Braden Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,082 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,476 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,682 |
| Total Program Service Revenue | $41,619 |
| Investment income | $4,763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,234 |
| 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 | $6,891 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $214,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,076 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,961 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $978 |
| Office expenses | $1,532 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,784 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $12,151 |
| Total functional expenses | $122,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,949 |
| 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 | $2,100 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,726,000 |
| Investments—publicly traded securities | $209,159 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,059,208 |
| Accounts payable and accrued expenses | $1,389 |
| 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 | $1,324 |
| Total liabilities | $2,713 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $2,056,495 |
| Total liabilities and net assets/fund balances | $2,059,208 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Milton Historical Society has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Janesville Foundation Inc Janesville, WI PURPOSE: UPDATES TO THE TOMAH COMMUNITY ROOM, BUILDING IMPROVEMENTS, AND EDUCATION/TOUR UPDATES. | $32,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
Historical Society Of Michigan Lansing, MI | $2,060,475 | $1,664,694 |
Michigan State Tr For Railway Pres Inc Owosso, MI | $6,031,068 | $2,296,352 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |