Preston Historical Society
- Assets
- $103.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Preston, MN
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 41-1843934
Organization Overview
Preston Historical Society is located in Preston, MN. The organization was established in 2009. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Preston 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 12/2023, Preston Historical Society generated $35.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $18.1k during the year ending 12/2023. While expenses have increased by 11.6% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Craig President | 1 | $0 | |
Steve Hall Vice President | 1 | $0 | |
Elaine Maust Secretary | 1 | $0 | |
Charles Sparks Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,273 |
| Total Program Service Revenue | $0 |
| Membership dues | $555 |
| Investment income | $571 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,908 |
| Other Revenue | $399 |
| Total Revenue | $35,706 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $1,944 |
| Printing, publications, postage, and shipping | $861 |
| Other expenses | $9,870 |
| Total expenses | $18,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,150 |
| Other assets | $0 |
| Total assets | $103,458 |
| Total liabilities | $10,000 |
| Net assets or fund balances | $93,458 |