Buffalo County Historical Society
- Assets
- $2.9m
- Revenue
- $350.8k
- Investments
- $468.4k
- Employees
- 9
- Location
- Kearney, NE
- Founding
- 10/1975
- Data as of
- 12/2021
- EIN
- 51-0168183
Organization Overview
Buffalo County Historical Society is located in Kearney, NE. The organization was established in 1975. 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, Buffalo County Historical Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo 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, Buffalo County Historical Society generated $350.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $216.0k during the year ending 12/2021. While expenses have increased by 11.3% 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 LOCAL HISTORY AND EDUCATE THE PUBLIC REGARDING LOCAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTED, PRESERVED, AND EXHIBITED LOCAL ARTIFACTS IN MUSEUM AND THEREBY EDUCATED CHILDREN AND ADULTS LIVING IN OR VISITING LOCAL AREA.
PUBLICATION OF NEWSLETTER OF RESEARCHED ARTICLES ON TOPICS RELATING TO HISTORY OF PERSONS & EVENTS IN BUFFALO COUNTY AND THE DISTRIBUTION OF NEWSLETTER TO MEMBERS AND ALL AREA LIBRARIES & SCHOOLS FOR EDUCATIONAL USE.
MAINTAINED AND PRESERVED THE ARCHIVAL COLLECTION OF PHOTOS, RECORDS, LETTERS, AND OTHER HISTORICAL MATERIALS RELATED TO BUFFALO COUNTY FOR USE BY PUBLIC FOR RESEARCH AND EDUCATION.
MAINTAINED AND PRESERVED THE ARCHIVAL COLLECTION OF PHOTOS, RECORDS, LETTERS, AND OTHER HISTORICAL MATERIALS RELATED TO BUFFALO COUNTY FOR USE BY PUBLIC FOR RESEARCH AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corene Phillips Director | Officer | 1 | $0 |
Dale Pohlmann Vice President | Officer | 2 | $0 |
Larry Hardestry Director | Officer | 1 | $0 |
Robin Smith President | Officer | 3 | $0 |
Mary Beth Lowe Treasurer | Officer | 1 | $0 |
Duane Frasier Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $273,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,123 |
| Total Program Service Revenue | $0 |
| Investment income | $886 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32 |
| Net Rental Income | $0 |
| 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 | -$3,013 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,758 |
| 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. | $76,351 |
| Compensation of current officers, directors, key employees. | $27,630 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,106 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $623 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,242 |
| Insurance | $13,509 |
| All other expenses | $13,363 |
| Total functional expenses | $216,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,999 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $180,541 |
| Accounts receivable, net | $2,639 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,641 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,494,287 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $468,434 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $527,365 |
| Total assets | $2,899,906 |
| Accounts payable and accrued expenses | $1,139 |
| 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 | $286,336 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $287,475 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,899,906 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Buffalo County Historical Society has recieved totaling $21,305.
| Awarding Organization | Amount |
|---|---|
Kearney Area Community Foundation Kearney, NE PURPOSE: FURNISHINGS FOR PROJ | $20,437 |
Myron Scott Trust Omaha, NE PURPOSE: CHARITABLE CONTRIBUTION | $863 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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 |