Civic Intelligence

Iroquois County Historical Society

EIN 37-6075732 • 501(c)3 • Watseka, IL

Profile

Preserve the 1866 county courthouse; preserve and promote local history

103 W Cherry StreetWatseka, IL 60970

www.iroquoiscountyhistoricalsociety.com

Siviq Scores

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

Liabilities / Assets

1st percentile

-0.01x

Higher debt load relative to assets than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

1st percentile

-0.04x

Higher debt load relative to revenue than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

49th percentile

3.1%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

71st percentile

24%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$1,127,156

Up $33,572 (+3.1%) from 2024

Liabilities

Down

-$7,191

Down $1,875 (-35%) from 2024

Net Assets

Up

$1,134,347

Up $35,447 (+3.2%) from 2024

Operations
Liabilities / Revenue1st percentileNet Margin74th percentile

Revenue

Up

$169,510

Up $32,957 (+24%) from 2024

Expenses

Up

$134,063

Up $60,618 (+83%) from 2024

Net Income

Down

$35,447

Down $27,661 (-44%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $448,149Liabilities 2010: $0Net Assets 2010: $448,1492010Assets 2011: $441,494Liabilities 2011: $0Net Assets 2011: $441,4942011Assets 2012: $680,034Liabilities 2012: -$1,995Net Assets 2012: $682,0292012Assets 2013: $743,129Liabilities 2013: -$2,939Net Assets 2013: $746,0682013Assets 2014: $747,529Liabilities 2014: -$2,939Net Assets 2014: $750,4682014Assets 2015: $779,486Liabilities 2015: -$2,975Net Assets 2015: $782,4612015Assets 2016: $663,854Liabilities 2016: -$3,185Net Assets 2016: $667,0392016Assets 2017: $655,034Liabilities 2017: -$3,360Net Assets 2017: $658,3942017Assets 2018: $608,053Liabilities 2018: -$3,951Net Assets 2018: $612,0042018Assets 2019: $655,003Liabilities 2019: -$4,751Net Assets 2019: $659,7542019Assets 2020: $666,646Liabilities 2020: -$5,082Net Assets 2020: $671,7282020Assets 2021: $735,377Liabilities 2021: -$5,570Net Assets 2021: $740,9472021Assets 2022: $1,169,929Liabilities 2022: -$5,421Net Assets 2022: $1,175,3502022Assets 2023: $1,030,476Liabilities 2023: -$5,316Net Assets 2023: $1,035,7922023Assets 2024: $1,093,584Liabilities 2024: -$5,316Net Assets 2024: $1,098,9002024Assets 2025: $1,127,156Liabilities 2025: -$7,191Net Assets 2025: $1,134,3472025

Highlighted filing

2025

Assets$1,127,156
Liabilities-$7,191
Net Assets$1,134,347
Open 2025 Filing

Operations Trend

Revenue Growth71st percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $135,842Expenses 2010: $112,688Net Income 2010: $23,1542010Revenue 2011: $128,932Expenses 2011: $135,587Net Income 2011: -$6,6552011Expenses 2012: $78,8892012Revenue 2013: $166,817Expenses 2013: $102,778Net Income 2013: $64,0392013Revenue 2014: $212,904Expenses 2014: $208,504Net Income 2014: $4,4002014Revenue 2015: $147,800Expenses 2015: $115,807Net Income 2015: $31,9932015Revenue 2016: $100,037Expenses 2016: $215,459Net Income 2016: -$115,4222016Revenue 2017: $116,643Expenses 2017: $125,288Net Income 2017: -$8,6452017Revenue 2018: $113,144Expenses 2018: $159,534Net Income 2018: -$46,3902018Revenue 2019: $174,029Expenses 2019: $126,279Net Income 2019: $47,7502019Revenue 2020: $116,624Expenses 2020: $111,605Net Income 2020: $5,0192020Revenue 2021: $144,317Expenses 2021: $75,098Net Income 2021: $69,2192021Revenue 2022: $636,621Expenses 2022: $202,218Net Income 2022: $434,4032022Revenue 2023: $121,174Expenses 2023: $260,732Net Income 2023: -$139,5582023Revenue 2024: $136,553Expenses 2024: $73,445Net Income 2024: $63,1082024Revenue 2025: $169,510Expenses 2025: $134,063Net Income 2025: $35,4472025

Highlighted filing

2025

Revenue$169,510
Expenses$134,063
Net Income$35,447
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,127,156
Liabilities
-$7,191
Net assets
$1,134,347
Revenue
$169,510
Expenses
$134,063
Net income
$35,447
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.13$0.01$1.13$0.17$0.13$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.01$1.10$0.14$0.07$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.01$1.04$0.12$0.26$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.18$0.64$0.20$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.01$0.74$0.14$0.08$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.01$0.67$0.12$0.11$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.17$0.13$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.11$0.16$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.12$0.13$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.00$0.67$0.10$0.22$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.00$0.78$0.15$0.12$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.21$0.21$0.00
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.74$0.00$0.75$0.17$0.10$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.13$0.14$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.00$0.45$0.14$0.11$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 19, 2026
Return Version
2025v4.0
Gross Receipts
$179,887
Mission and Program Overview

Mission

Preserve the 1866 county courthouse; preserve and promote local history.

Preserve 1866 landmark courthouse as well as promoting and preserving local history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,093,426$1,126,984▲ $33,558
Cash and Non-Interest-Bearing Accounts$158$172▲ $14
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,093,584$1,127,156▲ $33,572
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Accounts Payable and Accrued Expenses$-5,316$-7,191▼ $1,875
Total Liabilities$-5,316$-7,191▼ $1,875
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$959,829$997,974▲ $38,145
Net Assets With Donor Restrictions$139,071$136,373▼ $2,698
Total Net Assets Fund Balance$1,098,900$1,134,347▲ $35,447
Total Liabilities and Net Assets / Fund Balance$1,093,584$1,127,156▲ $33,572

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$249,214$1,050→ $0$4,138$246,126
2024$255,175$1,100→ $0$7,061$249,214
2023$291,295$350→ $0$36,470$255,175
2022$266,055$171,600→ $0$146,360$291,295
2021$235,190$43,000→ $0$12,135$266,055
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Diane GagnonPresident
Jody MunstermanVice president
Catherine Williamsboard member
Dan Yatesboard member
Jim Ulfersboard member
Jonathan LeSageboard member
Justin RogersBoard member
Kim RabeBoard member
Mitchell BenceBoard member
Susan Benceboard member
Vicki WebsterBoard Member
Eileen BurnsGenealogy representative
Stephanie BowersSecretary
Robert HarwoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$77,028
Program Service Revenue
$26,665
Investment Income
$32,775
Other Revenue
$33,042
All Other Contributions
$75,019
Change in Net Assets
$35,447

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,346
Salaries, Compensation, and Employee Benefits$20,717
Total Fundraising Expense$19,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$56,074$12,016$12,016$80,106
Current Officers, Directors, Trustees, and Key Employees$15,396$1,925$1,924$19,245
Office Expenses$5,224$3,460$1,665$10,349
Information Technology$4,617$1,820$1,554$7,991
Insurance$2,034$1,525$1,525$5,084
Fees for Services Accounting$0$3,000$0$3,000
Advertising$2,240$0$0$2,240
Payroll Taxes$1,178$147$147$1,472
All Other Expenses$1,306$100$0$1,406
Other Expenses$0$50$0$50
Total Functional Expenses$89,275$25,020$19,768$134,063
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,345
Fundraising Direct Expenses$10,358
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Harvest Daze$22,530$22,530$1,769$20,761
Non-Event$13,423$13,423$265$13,158
Total Events$35,953$35,953$8,097$27,856
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Susan Wynn Bence and Mitchell Bence are husband and wife.”

Form 990, Part VI, Section A, Line 6

“The Iroquois County Historical Society has members.”

Form 990, Part VI, Section A, Line 7A

“Members of the society are able to vote on members and officers of the governing body at the annual meeting held in April.”

Form 990, Part VI, Section A, Line 7B

“Members vote on changes to by-laws and constitution at the annual meeting.”

Form 990, Part VI, Section A, Line 8B

“At the moment there are no committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Copies of the completed 990 form are available in the society's office for members to view and are made available to board members to view at a monthly meeting.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available in the society's office for interested persons to view.”

Filing and Contact Details

Filer

Filer Name
Iroquois County Historical Society
EIN
37-6075732
Phone
8154322215
Address
103 W Cherry Street, Watseka, IL 60970

Signing Officer

Name
Diane Gagnon
Title
President
Phone
8154322215
Signed
2026-03-19

Organization Details

Principal Officer
Diane Gagnon
Formed
1967
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
90
Supplemental Narrative

Financial Statement Notes

Schedule D, Part III, Line 1

“The organization received articles of local historic interest (including articles of clothing, military memorabilia, local school memorabilia, photographs, and documents relative to local persons or places) to preserve for future generations.”

Schedule D, Part III, Line 4

“The purposes of the organization are to preserve and promote local history. Therefore the organization maintains collections of local historical memorabilia which have been donated to the organization since its founding. These items, many of which are on display for visitors to see, include photographs, books, household items, local business memorabilia, military items, vintage clothing, personal papers and documents.”

Schedule D, Part V, Line 4

“The board designated funds are what the board has set aside to invest, with interest used to help fund operations. This amount is from life membership dues. The donor-designated funds have been given to the organization with instructions that funds be invested and interest earnings be used to fund operations. The remaining temporary endowment funds have been given for specific purposes: maintaining the school room exhibit; caring for quilts; caring for a doll collections; maintaining the Victorian Room display, and general building maintenance.”

Raw XML AppendixShowing 400 of 776 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0-5316
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0-7191
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Preserve 1866 landmark courthouse as well as promoting and preserving local history.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt02240
IRS990/AdvertisingGrp/TotalAmt02240
IRS990/AllOtherContributionsAmt075019
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0100
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01306
IRS990/AllOtherExpensesGrp/TotalAmt01406
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Iroquois County Historical Society
IRS990/BooksInCareOfDetail/PhoneNum08154322215
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0103 W Cherry Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Watseka
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060970
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IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
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IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt077028
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt032775
IRS990/CYOtherExpensesAmt0113346
IRS990/CYOtherRevenueAmt033042
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IRS990/CYTotalRevenueAmt0169510
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IRS990/Desc0Conduct genealogy research for individuals and assist others with their research; provide and store information and materials for research. We served 325 people via emails, web site, letters and personal visits, providing copies of records, obituaries, etc.
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IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
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IRS990/FederatedCampaignsAmt00
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IRS990/FeesForServicesAccountingGrp/TotalAmt03000
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IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0Susan Bence
IRS990/Form990PartVIISectionAGrp/PersonNm1Mitchell Bence
IRS990/Form990PartVIISectionAGrp/PersonNm2Jonathan LeSage
IRS990/Form990PartVIISectionAGrp/PersonNm3Kim Rabe
IRS990/Form990PartVIISectionAGrp/PersonNm4Justin Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm5Jim Ulfers
IRS990/Form990PartVIISectionAGrp/PersonNm6Vicki Webster
IRS990/Form990PartVIISectionAGrp/PersonNm7Catherine Williams
IRS990/Form990PartVIISectionAGrp/PersonNm8Dan Yates
IRS990/Form990PartVIISectionAGrp/PersonNm9Eileen Burns
IRS990/Form990PartVIISectionAGrp/PersonNm10Robert Harwood
IRS990/Form990PartVIISectionAGrp/PersonNm11Jody Munsterman
IRS990/Form990PartVIISectionAGrp/PersonNm12Diane Gagnon
IRS990/Form990PartVIISectionAGrp/PersonNm13Stephanie Bowers
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt5board member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7board member
IRS990/Form990PartVIISectionAGrp/TitleTxt8board member
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