Pennington County Historical Society Incorporated
- Assets
- $264.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Thief River Falls, MN
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 51-0224180
Organization Overview
Pennington County Historical Society Incorporated is located in Thief River Falls, MN. The organization was established in 1982. 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. Pennington County Historical Society Incorporated 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, Pennington County Historical Society Incorporated generated $67.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $102.1k during the year ending 12/2021. While expenses have increased by 10.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRESERVE HISTORY OF AGRICULTURE AND INDUSTRY OF THE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Nelson President | 2 | $0 | |
Donna Myhrer Secretary | 2 | $0 | |
Dan Christensen Vice President | 2 | $0 | |
Teri Averill Treasurer | 2 | $0 | |
Mary Fran Twistol Director | 1 | $0 | |
Gabrial Yoon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,115 |
| Total Program Service Revenue | $2,576 |
| Membership dues | $4,965 |
| Investment income | $237 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,044 |
| Total Revenue | $67,937 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,929 |
| Professional fees and other payments to independent contractors | $2,700 |
| Occupancy, rent, utilities, and maintenance | $63,502 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,002 |
| Total expenses | $102,133 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,071 |
| Other assets | $0 |
| Total assets | $264,942 |
| Total liabilities | $598 |
| Net assets or fund balances | $264,344 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pennington County Historical Society Incorporated has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Hartz Foundation Thief River Falls, MN PURPOSE: BUILDING RESTORATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Theodore Roosevelt Medora Foundation Medora, ND | $68,522,255 | $10,499,633 |
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
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 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |
Rethos Saint Paul, MN | $2,732,815 | $1,832,549 |
Two Rivers Historical Society Two Rivers, WI | $1,166,797 | $640,666 |
Milwaukee County Historical Society Milwaukee, WI | $3,176,056 | $1,183,454 |
Stearns County Historical Society Inc St Cloud, MN | $1,632,705 | $959,647 |
Four Mounds Foundation Dubuque, IA | $637,426 | $940,682 |