Sheridan County Historical Society
- Assets
- $1.2m
- Revenue
- $144.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Sheridan, WY
- Founding
- 02/2018
- Data as of
- 09/2022
- EIN
- 83-6007540
Organization Overview
Sheridan County Historical Society is located in Sheridan, WY. The organization was established in 2018. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, Sheridan County Historical Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheridan 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 09/2022, Sheridan County Historical Society generated $144.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $241.9k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE OUR LOCAL HISTORY AND KEEP IT ACCESSIBLE TO THE SHERIDAN COMMUNITY, TOURISTS AND VISITORS. VISION IS TO GROW OUR COLLECTION SPACE AND CREATE MORE DYNAMIC EXPERIENCES FOR MUSEUM VISITORS. WHILE BUILDING RELATIONSHIPS WITH DONORS WHO SUPPORT OUR MISSION AND VISION, WE PARTNER WITH AREA BUSINESSES AND ORGANIZATIONS TO SHARE THE STORIES OF SHERIDAN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE THE MUSEUM AT THE BIGHORNS, LOCATED AT 850 SIBLEY CIRCLE, SHERIDAN, WYOMING. MAINTAIN COLLECTIONS AND EXHIBITS PERTAINING TO THE HISTORY OF SHERIDAN COUNTY AND THE CLOSLEY RELATED SURROUNDING AREA AND COMMUNITIES. DEVELOP AND IMPLEMENT EDUCATION PLANS FOR BOTH CHILDREN AND ADULTS TO HELP EDUCATE OUR CITIZENS ON THE RICH HISTORIC AND CULTURAL HERITAGE OF OUR AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thane Magelky President | OfficerTrustee | 2 | $0 |
Edre Maier Vice-Preside | OfficerTrustee | 1 | $0 |
Tod Windsor Treasurer | OfficerTrustee | 1 | $0 |
Becky Cummings Secretary | OfficerTrustee | 1 | $0 |
Greg Luhman Board Member | Trustee | 1 | $0 |
Beki Speas Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,710 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,385 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,995 |
| Total Program Service Revenue | $20,287 |
| Investment income | -$20,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,025 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,848 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,698 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,641 |
| Payroll taxes | $6,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,491 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,750 |
| Advertising and promotion | $9,751 |
| Office expenses | $5,452 |
| Information technology | $835 |
| Royalties | $0 |
| Occupancy | $25,363 |
| Travel | $2,562 |
| 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 | $37,489 |
| Insurance | $0 |
| All other expenses | $2,024 |
| Total functional expenses | $241,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,497 |
| Savings and temporary cash investments | $0 |
| 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 | $28,128 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,006,079 |
| Investments—publicly traded securities | $123,866 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,185,570 |
| Accounts payable and accrued expenses | $2,083 |
| 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 | $56,352 |
| Other liabilities | $0 |
| Total liabilities | $58,435 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,127,135 |
| 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 | $1,185,570 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sheridan County Historical Society has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
Historicorps Morrison, CO | $763,649 | $2,724,151 |
Breckenridge Heritage Alliance Breckenridge, CO | $410,741 | $1,870,667 |
Yellowstone Historic Center Inc West Yellowstone, MT | $1,507,190 | $417,504 |
American West Heritage Foundation Wellsville, UT | $3,082,934 | $1,494,150 |
Badlands Natural History Association Inc Interior, SD | $3,710,673 | $1,802,760 |
Canyonlands Field Institute Inc Moab, UT | $5,225,217 | $972,612 |
Heart Mountain Wyoming Foundation Powell, WY | $9,452,012 | $2,858,388 |
Lincoln Hills Cares Denver, CO | $500,989 | $1,196,039 |
Ogden Pioneer Days Foundation Ogden, UT | $462,354 | $1,092,437 |
South Dakota Historical Society Foundation Pierre, SD | $2,393,071 | $765,039 |
Golden Spike Tower & Visitor Center North Platte, NE | $4,004,214 | $941,017 |