Civic Intelligence

Western Reserve Historical Society

EIN 34-0714724 • 501(c)3 • Cleveland, OH

Profile

Western reserve historical society preserves and uses its collections, historic sites, and museums to inspire people to discover the american experience by exploring the tangible history of northeast ohio.

10825 East BlvdCleveland, OH 44106

wrhs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.04x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

45th percentile

0.28x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

28th percentile

-1.4%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

28th percentile

$242,900

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

9th percentile

-8.3%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Down

$50,940,466

Down $4,584,176 (-8.3%) from 2024

Liabilities

Down

$2,084,130

Down $9,272,604 (-82%) from 2024

Net Assets

Up

$48,856,336

Up $4,688,428 (+11%) from 2024

Revenue

Up

$7,549,789

Up $1,274,885 (+20%) from 2024

Expenses

Up

$7,658,327

Up $506,115 (+7.1%) from 2024

Net Income

Up

-$108,538

Up $768,770 (+88%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2017: $40,319,027Liabilities 2017: $1,963,057Net Assets 2017: $38,355,9702017Assets 2018: $39,834,312Liabilities 2018: $1,655,851Net Assets 2018: $38,178,4612018Assets 2019: $39,579,003Liabilities 2019: $1,742,802Net Assets 2019: $37,836,2012019Assets 2020: $37,922,037Liabilities 2020: $2,081,006Net Assets 2020: $35,841,0312020Assets 2021: $45,747,344Liabilities 2021: $2,543,232Net Assets 2021: $43,204,1122021Assets 2022: $41,934,910Liabilities 2022: $1,905,567Net Assets 2022: $40,029,3432022Assets 2023: $43,254,122Liabilities 2023: $1,310,621Net Assets 2023: $41,943,5012023Assets 2024: $55,524,642Liabilities 2024: $11,356,734Net Assets 2024: $44,167,9082024Assets 2025: $50,940,466Liabilities 2025: $2,084,130Net Assets 2025: $48,856,3362025

Highlighted filing

2025

Assets$50,940,466
Liabilities$2,084,130
Net Assets$48,856,336

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2017: $7,477,295Expenses 2017: $6,397,465Net Income 2017: $1,079,8302017Revenue 2018: $5,768,877Expenses 2018: $6,532,130Net Income 2018: -$763,2532018Revenue 2019: $5,943,864Expenses 2019: $6,391,343Net Income 2019: -$447,4792019Revenue 2020: $4,632,400Expenses 2020: $6,025,864Net Income 2020: -$1,393,4642020Revenue 2021: $9,269,565Expenses 2021: $5,192,473Net Income 2021: $4,077,0922021Revenue 2022: $8,999,040Expenses 2022: $6,594,349Net Income 2022: $2,404,6912022Revenue 2023: $6,941,689Expenses 2023: $6,710,171Net Income 2023: $231,5182023Revenue 2024: $6,274,904Expenses 2024: $7,152,212Net Income 2024: -$877,3082024Revenue 2025: $7,549,789Expenses 2025: $7,658,327Net Income 2025: -$108,5382025

Highlighted filing

2025

Revenue$7,549,789
Expenses$7,658,327
Net Income-$108,538

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 7, 2026
Return Version
2024v5.0
Gross Receipts
$9,583,540
Mission and Program Overview

Mission

Western reserve historical society preserves and uses its collections, historic sites, and museums to inspire people to discover the american experience by exploring the tangible history of northeast ohio.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,855,794$19,154,285▲ $1,298,491
Land, Buildings, and Equipment, Net$14,983,219$18,881,069▲ $3,897,850
Savings and Temporary Cash Investments$7,449,142$4,264,337▼ $3,184,805
Cash and Non-Interest-Bearing Accounts$396,748$783,206▲ $386,458
Pledges and Grants Receivable$180,081$283,627▲ $103,546
Prepaid Expenses and Deferred Charges$99,735$84,981▼ $14,754
Inventories for Sale or Use$57,217$60,866▲ $3,649
Accounts Receivable$127,192$6,876▼ $120,316
Total Assets$55,524,642$50,940,466▼ $4,584,176
Other Assets Total$14,375,514$7,421,219▼ $6,954,295
Liabilities
Other Liabilities$10,205,322$1,093,003▼ $9,112,319
Deferred Revenue$533,898$442,781▼ $91,117
Accounts Payable and Accrued Expenses$342,514$323,346▼ $19,168
Mortgage Notes Payable Secured by Investment Property$275,000$225,000▼ $50,000
Total Liabilities$11,356,734$2,084,130▼ $9,272,604
Net Assets / Fund Balance
Net Assets With Donor Restrictions$25,706,840$28,375,840▲ $2,669,000
Net Assets Without Donor Restrictions$18,461,068$20,480,496▲ $2,019,428
Total Net Assets Fund Balance$44,167,908$48,856,336▲ $4,688,428
Total Liabilities and Net Assets / Fund Balance$55,524,642$50,940,466▼ $4,584,176

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,238,664$21,490,849$36,729,513
Equipment$738,920$947,385$1,686,305
Land$1,620,156-$1,620,156
Other Land Buildings$1,283,329-$1,283,329
Other Assets Org$720,729--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$17,283,334$50,000▲ $1,916,788$790,392$18,529,429
2023$16,181,988-▲ $1,986,419$849,936$17,283,334
2022$15,427,151$50,000▲ $1,534,376$863,892$16,181,988
2021$19,155,442$425▼ $2,907,976$820,740$15,427,151
2020$15,813,437$2,958▲ $4,185,946$811,680$19,155,442
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly Falcone-hallPresident &FT$214,578$28,322$242,900
Kelly Falcone-hallPresident & CEO-$160,953$81,947$242,900
Hilary Frank BeatrezCFOFT$127,015$34,901$161,916
Glenn Anderson JrSr VP AdvancFT$127,570$15,941$143,511

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Barrie Projects LLCExhibit Consult2 HERRICK NEWS, Cleveland Hts, OH 44106$132,000
Revenue and Support

Revenue Composition

Contributions and Grants
$4,506,556
Program Service Revenue
$1,425,677
Investment Income
$1,188,501
Other Revenue
$429,055
All Other Contributions
$3,259,040
Change in Net Assets
$-108,538

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,549,789
Revenue Not Reported on Form 990
$10,845,153
Total Revenue per Audited Statements
$18,394,942
Total Revenue per Form 990
$7,549,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,874,638
Salaries, Compensation, and Employee Benefits$3,783,689
Total Fundraising Expense$424,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,245,134$156,724$312,446$2,714,304
Depreciation Depletion$1,267,483$7,112$3,161$1,277,756
Occupancy$925,977$5,218$2,326$933,521
Current Officers, Directors, Trustees, and Key Employees-$378,250-$378,250
Other Employee Benefits$296,715$50,446$21,984$369,145
Insurance$350,977$14,624-$365,601
Fees for Services Management$234,700$63,544$4,366$302,610
Payroll Taxes$192,582$44,169$23,005$259,756
Office Expenses$110,498$80,463$14,830$205,791
Advertising$56,930$17,986$17,986$92,902
Other Expenses$81,883$50,991$15,764$81,883
Pension Plan Contributions$36,090$20,782$5,362$62,234
Fees for Services Lobbying-$36,000-$36,000
Fees for Services Accounting-$28,710-$28,710
Fees for Services Legal-$23,223-$23,223
Interest$15,321$2,089-$17,410
Total Functional Expenses$6,252,224$981,730$424,373$7,658,327

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,862,587
Expenses per Audited Statements$7,658,327
Total Expenses per Form 990$7,658,327
Expenses Not Reported on Form 990$7,204,260
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Fire Restoration Company$720,729
Capital Accounts Payable$204,838
Refundable Advances$139,445
Gift Annuity Obligations$27,991
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors formally delegated the review of the draft form of the 990 to the audit committee. Management provides the audit committee with a draft copy of form 990 in advance of the filing and management responds to questions from the audit committee members prior to filing the return. In addition, a the full board of directors is provided a copy of form 990 after the audit committee review and prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

Directors must sign an annual statement affirming they have read the conflict of interest policy and are in compliance with the policy.

Form 990, Page 6, Part VI, Line 15A

The executive committee is authorized to make recommendations to the board regarding executive compensation. Only those members of the executive committee who are free of conflicts of interest may be involved in the evaluation of executive compensation. The executive committee, to the extent reasonably available, takes into account appropriate data as to comparability prior to making its recommendation, and contemporaneously places such data and other reasons for its recommendation in the minutes. Only those directors who are free from conflicts of interest may vote on executive compensation. The board reviews and approved the executive compensation after of review of comparability data or other evidence that compensation is reasonable, and contemporaneously substantiates its deliberation and decision in the minutes.

Form 990, Page 6, Part VI, Line 19

The articles of incorporation and other corporate filings are publicly available on the ohio secretary of state website.

Filing and Contact Details

Filer

Filer Name
Western Reserve Historical Society
EIN
34-0714724
Phone
2167215722
Address
10825 EAST BLVD, CLEVELAND, OH 44106

Signing Officer

Name
Kelly Falcone-hall
Title
President & CEO
Phone
2167215722
Signed
2026-01-07

Organization Details

Principal Officer
Kelly Falcone-hall
Formed
1867
Legal Domicile
Oh
Voting Board Members
19
Independent Board Members
19
Employees
158
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Cleveland history center the cleveland history center houses the history museum, research library/archives & genealogical center, crawford auto aviation museum, kidzibits family education center, and the institution's administrative offices. The cleveland history center includes two early 20th century mansions, the hay mckinney and bingham-hanna mansions, along with galleries that connect the historic mansions. The collections and archives are among the most extensive of any regional history center in the united states, a reflection of over 150 years of collecting. Wrhs was founded in 1867 to preserve the history of the connecticut western reserve, the name for the land on the western edge of the connecticut territory which is now northeast ohio. Today, wrhs collects, preserves, and presents the history of northeast ohio to connect with people, inspiring them to discover themselves, their families and communities by exploring the past and imagining the future. This is achieved through a combination of exhibits, programs, and events for all ages and interests. The wrhs collections are vast and varied. The library/archives hold millions of items including books, photographs, manuscripts, and documents, making it a premier research institute for scholars, the general public, and genealogists. Highlights of the collection include civil war materials, various ethnic and community collections such as those of the african-american, jewish, italian, and irish histories of the region, and extensive business, industrial, philanthropic, entrepreneurial, and political records. The wrhs historic costume and textile collection is one of the largest in the united states. The institution's collections of items related to the shaker communities is, in fact, the largest in the u.s. The decorative arts collection includes about 3,500 artifacts owned by early residents of the western reserve, and approximately 800 paintings reflecting the history of the region. The crawford auto aviation museum contains more than 157 cars, 10 airplanes, and numerous motorcycles, bicycles, and other automotive-related items. Along with the library's automotive marque files, the crawford collection tells the story of the automotive industry, particularly in northeast ohio. In november, 2014, the iconic euclid beach park grand carousel opened to the public after restoration, housed in a spectacular glass pavilion. This was made possible through collaboration between wrhs, the cleveland ebpn carousel society, and euclid beach park now. The cleveland starts here exhibit opened in 2017 that tells the story of the last 200 years of cleveland and western reserve history.

Form 990, Page 2, Part III, Line 4B

Hale farm & village hale farm & village, in scenic cuyahoga valley south of cleveland, is an outdoor living history museum of the western reserve historical society. Nineteenth century life is presented at hale to engage, stimulate, and challenge visitors to suspend their disbelief, step back in time, and use the lessons of the past to make informed decisions about the present and the future. The 90-acre site is comprised of 32 historic, restored 19th century structures; a modern visitor's center with gift shop and caf; several gardens, heritage livestock breeds; and the early american craft and trade program featuring glassblowing, blacksmithing, pottery, candle, broom and basket making; and hearth and woodstove cooking. Four generations of the hale family used the land and resources to carve out a niche for themselves in the cuyahoga valley. The museum builds its programming and operations with reverence for the hales' entrepreneurial spirit combined with a deep respect for the past. The goal is to build sustainable operations through engaging educational, family, and community programs. The year-round program calendar follows the seasonal cycle of rural life in northeast ohio. Annual program highlights include the summer civil war encampment which draws hundreds of civil war reenactors and thousands of visitors. Civil war-era history and interpretation is a hallmark of hale programming featured in annual holiday lantern tours of the village and the underground railroad education program. Harvest festival is another annual event drawing thousands of visitors participating in harvest season activities. Hale increasingly considers the connection between entrepreneurship and sustainability in its programs. Student education programs teach the principles of economics in everyday life by exploring the roots of entrepreneurship in northeast ohio and considering wise use of limited resources. The phrase "come home to hale" aptly describes the visitor experience at hale farm & village where one may connect with the past and find its relevance for the present and the future.

Form 990, Part XI, Line 9

Chg in fair value of funds held in trust 383,913 fire recoveries 3,256,980 chg in fv of split-interest agreements -6,144 total 3,634,749

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

OPERATIONS SUPPORT

Schedule D, Page 4, Part XI, Line 2D

Change in fv of funds held in trust 383,913 insurance recoveries 3,256,980 amts paid by insurance to vendors 7,204,260

Schedule D, Page 4, Part XII, Line 2D

Chg in fv of split-interest agreements 0 impairment loss on property due to fire 0 fire mitigation and restoration 7,204,260

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IRS990/ActivityOrMissionDesc0WESTERN RESERVE HISTORICAL SOCIETY PRESERVES AND USES ITS COLLECTIONS, HISTORIC SITES, AND MUSEUMS TO INSPIRE PEOPLE TO DISCOVER THE AMERICAN EXPERIENCE BY EXPLORING THE TANGIBLE HISTORY OF NORTHEAST OHIO.
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IRS990/Desc0CLEVELAND HISTORY CENTER THE CLEVELAND HISTORY CENTER HOUSES THE HISTORY MUSEUM, RESEARCH LIBRARY/ARCHIVES & GENEALOGICAL CENTER, CRAWFORD AUTO AVIATION MUSEUM, KIDZIBITS FAMILY EDUCATION CENTER, AND THE INSTITUTION'S ADMINISTRATIVE OFFICES. THE CLEVELAND HISTORY CENTER INCLUDES TWO EARLY 20TH CENTURY MANSIONS, THE HAY MCKINNEY AND BINGHAM-HANNA MANSIONS, ALONG WITH GALLERIES THAT CONNECT THE HISTORIC MANSIONS. THE COLLECTIONS AND ARCHIVES ARE AMONG THE MOST EXTENSIVE OF ANY REGIONAL HISTORY CENTER IN THE UNITED STATES, A REFLECTION OF OVER 150 YEARS OF COLLECTING. WRHS WAS FOUNDED IN 1867 TO PRESERVE THE HISTORY OF THE CONNECTICUT WESTERN RESERVE, THE NAME FOR THE LAND ON THE WESTERN EDGE OF THE CONNECTICUT TERRITORY WHICH IS NOW NORTHEAST OHIO. TODAY, WRHS COLLECTS, PRESERVES, AND PRESENTS THE HISTORY OF NORTHEAST OHIO TO CONNECT WITH PEOPLE, INSPIRING THEM TO DISCOVER THEMSELVES, THEIR FAMILIES AND COMMUNITIES BY EXPLORING THE PAST AND IMAGINING THE FUTURE. THIS IS ACHIEVED THROUGH A COMBINATION OF EXHIBITS, PROGRAMS, AND EVENTS FOR ALL AGES AND INTERESTS. THE WRHS COLLECTIONS ARE VAST AND VARIED. THE LIBRARY/ARCHIVES HOLD MILLIONS OF ITEMS INCLUDING BOOKS, PHOTOGRAPHS, MANUSCRIPTS, AND DOCUMENTS, MAKING IT A PREMIER RESEARCH INSTITUTE FOR SCHOLARS, THE GENERAL PUBLIC, AND GENEALOGISTS. HIGHLIGHTS OF THE COLLECTION INCLUDE CIVIL WAR MATERIALS, VARIOUS ETHNIC AND COMMUNITY COLLECTIONS SUCH AS THOSE OF THE AFRICAN-AMERICAN, JEWISH, ITALIAN, AND IRISH HISTORIES OF THE REGION, AND EXTENSIVE BUSINESS, INDUSTRIAL, PHILANTHROPIC, ENTREPRENEURIAL, AND POLITICAL RECORDS. THE WRHS HISTORIC COSTUME AND TEXTILE COLLECTION IS ONE OF THE LARGEST IN THE UNITED STATES. THE INSTITUTION'S COLLECTIONS OF ITEMS RELATED TO THE SHAKER COMMUNITIES IS, IN FACT, THE LARGEST IN THE U.S. THE DECORATIVE ARTS COLLECTION INCLUDES ABOUT 3,500 ARTIFACTS OWNED BY EARLY RESIDENTS OF THE WESTERN RESERVE, AND APPROXIMATELY 800 PAINTINGS REFLECTING THE HISTORY OF THE REGION. THE CRAWFORD AUTO AVIATION MUSEUM CONTAINS MORE THAN 157 CARS, 10 AIRPLANES, AND NUMEROUS MOTORCYCLES, BICYCLES, AND OTHER AUTOMOTIVE-RELATED ITEMS. ALONG WITH THE LIBRARY'S AUTOMOTIVE MARQUE FILES, THE CRAWFORD COLLECTION TELLS THE STORY OF THE AUTOMOTIVE INDUSTRY, PARTICULARLY IN NORTHEAST OHIO. IN NOVEMBER, 2014, THE ICONIC EUCLID BEACH PARK GRAND CAROUSEL OPENED TO THE PUBLIC AFTER RESTORATION, HOUSED IN A SPECTACULAR GLASS PAVILION. THIS WAS MADE POSSIBLE THROUGH COLLABORATION BETWEEN WRHS, THE CLEVELAND EBPN CAROUSEL SOCIETY, AND EUCLID BEACH PARK NOW. THE CLEVELAND STARTS HERE EXHIBIT OPENED IN 2017 THAT TELLS THE STORY OF THE LAST 200 YEARS OF CLEVELAND AND WESTERN RESERVE HISTORY.
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