Winneshiek County Historical Society is located in Decorah, IA. The organization was established in 1976. 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. Winneshiek County 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, Winneshiek County Historical Society generated $30.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.7%) each year. All expenses for the organization totaled $37.1k during the year ending 12/2021. 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 PROTECT, COLLECT, PRESERVE AND PROMOTE THE WRITTEN, ORAL AND TANGIBLE ITEMS OF HISTORICAL IMPORTANCE TO WINNESHIEK COUNTY AND TO COOPERATE WITH OTHER ORGANIZATIONS TO ACCOMPLISH COMMON GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROTECT, COLLECT, PRESERVE AND PROMOTE THE WRITTEN, ORAL AND TANGIBLE ITEMS OF HISTORICAL IMPORTANCE TO WINNESHIEK COUNTY AND TO COOPERATE WITH OTHER ORGANIZATIONS TO ACCOMPLISH COMMON GOALS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Rasmussen Treasurer | Officer | 0 | $0 |
Stacey Gossling President | Officer | 0 | $0 |
Lavonne Sharp Secretary | Officer | 0 | $0 |
Roger Bergan Vice President | Officer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,461 |
| Investment income | $386 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$16,965 |
| 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 | $1,325 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,747 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $16 |
| Royalties | $0 |
| Occupancy | $9,607 |
| 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 | $18,832 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $37,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,259 |
| Savings and temporary cash investments | $80,465 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $281,243 |
| Total assets | $680,812 |
| Accounts payable and accrued expenses | $0 |
| 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 | $700 |
| Total liabilities | $700 |
| 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 | $680,112 |