Kensington Area Heritage Society Inc is located in Kensington, MN. The organization was established in 2006. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Kensington Area Heritage Society Inc 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 12/2022, Kensington Area Heritage Society Inc generated $12.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $7.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PRESERVING AREA HISTORY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Lofquist President | 0 | $0 | |
Vacant Vice President | 0 | $0 | |
Sheena Haack Secretary | 0 | $0 | |
Pryce Score Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,805 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,490 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $148 |
| Total Revenue | $12,448 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,236 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,337 |
| Total expenses | $7,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,199 |
| Other assets | $0 |
| Total assets | $107,792 |
| Total liabilities | $10,511 |
| Net assets or fund balances | $97,281 |