Civic Intelligence

Historical Society of Michigan

EIN 38-1452689 • 501(c)3 • Lansing, MI

Profile

The historical society of michigan will foster in citizens a deeper understanding of and appreciation for all michigan history through programs and publications; preserve and promote michigan history through conferences, publications, awards, educational programs, consulting services and related historical activities; coordinate and further the program of local historical societies and local historians by functioning as a statewide service organization and communication network; cooperate with appropriate individuals on a local, state and national level and/or with organizations and institutions in projects and activities that will promote and sustain interest in history; enhance public support for the preservation and protection of michigan history.

7435 Westshire DriveLansing, MI 48917

www.hsmichigan.org

Siviq Scores

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

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.21x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

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

Top Officer Pay

85th percentile

$165,372

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

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

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

74th percentile

30%

Faster revenue growth than 74% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$4,899,421

Up $629,013 (+15%) from 2024

Liabilities

Up

$519,963

Up $131,643 (+34%) from 2024

Net Assets

Up

$4,379,458

Up $497,370 (+13%) from 2024

Operations
Liabilities / Revenue68th percentileNet Margin65th percentile

Revenue

Up

$2,431,729

Up $556,898 (+30%) from 2024

Expenses

Up

$2,104,862

Up $160,130 (+8.2%) from 2024

Net Income

Up

$326,867

Up $396,768 (+568%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,438,146Liabilities 2010: $819,171Net Assets 2010: $618,9752010Assets 2011: $1,140,324Liabilities 2011: $613,983Net Assets 2011: $526,3412011Assets 2012: $1,188,658Liabilities 2012: $698,966Net Assets 2012: $489,6922012Assets 2013: $1,292,398Liabilities 2013: $745,408Net Assets 2013: $546,9902013Assets 2014: $1,362,643Liabilities 2014: $781,521Net Assets 2014: $581,1222014Assets 2015: $1,243,916Liabilities 2015: $616,263Net Assets 2015: $627,6532015Assets 2016: $1,225,576Liabilities 2016: $641,055Net Assets 2016: $584,5212016Assets 2017: $1,249,104Liabilities 2017: $564,508Net Assets 2017: $684,5962017Assets 2018: $1,375,683Liabilities 2018: $621,163Net Assets 2018: $754,5202018Assets 2019: $1,952,530Liabilities 2019: $1,149,400Net Assets 2019: $803,1302019Assets 2020: $2,060,475Liabilities 2020: $994,459Net Assets 2020: $1,066,0162020Assets 2021: $2,382,768Liabilities 2021: $682,686Net Assets 2021: $1,700,0822021Assets 2022: $3,893,145Liabilities 2022: $456,330Net Assets 2022: $3,436,8152022Assets 2023: $4,132,032Liabilities 2023: $396,895Net Assets 2023: $3,735,1372023Assets 2024: $4,270,408Liabilities 2024: $388,320Net Assets 2024: $3,882,0882024Assets 2025: $4,899,421Liabilities 2025: $519,963Net Assets 2025: $4,379,4582025

Highlighted filing

2025

Assets$4,899,421
Liabilities$519,963
Net Assets$4,379,458
Open 2025 Filing

Operations Trend

Revenue Growth74th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $701,6742010Expenses 2011: $1,042,3302011Expenses 2012: $984,0912012Revenue 2013: $1,064,515Expenses 2013: $1,019,760Net Income 2013: $44,7552013Revenue 2014: $1,061,796Expenses 2014: $1,052,112Net Income 2014: $9,6842014Revenue 2015: $1,178,862Expenses 2015: $1,133,175Net Income 2015: $45,6872015Revenue 2016: $1,194,915Expenses 2016: $1,216,890Net Income 2016: -$21,9752016Revenue 2017: $1,154,544Expenses 2017: $1,115,521Net Income 2017: $39,0232017Revenue 2018: $1,255,913Expenses 2018: $1,240,371Net Income 2018: $15,5422018Revenue 2019: $1,452,109Expenses 2019: $1,429,006Net Income 2019: $23,1032019Revenue 2020: $1,664,694Expenses 2020: $1,435,420Net Income 2020: $229,2742020Revenue 2021: $1,685,620Expenses 2021: $1,181,882Net Income 2021: $503,7382021Revenue 2022: $3,249,891Expenses 2022: $1,386,673Net Income 2022: $1,863,2182022Revenue 2023: $2,067,590Expenses 2023: $1,907,105Net Income 2023: $160,4852023Revenue 2024: $1,874,831Expenses 2024: $1,944,732Net Income 2024: -$69,9012024Revenue 2025: $2,431,729Expenses 2025: $2,104,862Net Income 2025: $326,8672025

Highlighted filing

2025

Revenue$2,431,729
Expenses$2,104,862
Net Income$326,867
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$4,899,421
Liabilities
$519,963
Net assets
$4,379,458
Revenue
$2,431,729
Expenses
$2,104,862
Net income
$326,867
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.90$0.52$4.38$2.43$2.10$0.33
2024Detailed filing. Detailed filing data is available for this year.$4.27$0.39$3.88$1.87$1.94$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.13$0.40$3.74$2.07$1.91$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.89$0.46$3.44$3.25$1.39$1.86
2021Detailed filing. Detailed filing data is available for this year.$2.38$0.68$1.70$1.69$1.18$0.50
2020Detailed filing. Detailed filing data is available for this year.$2.06$0.99$1.07$1.66$1.44$0.23
2019Summary only. Only limited summary data is available for this year.$1.95$1.15$0.80$1.45$1.43$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.38$0.62$0.75$1.26$1.24$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.56$0.68$1.15$1.12$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.23$0.64$0.58$1.19$1.22$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.62$0.63$1.18$1.13$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.78$0.58$1.06$1.05$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.75$0.55$1.06$1.02$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.70$0.49$0.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.61$0.53$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.82$0.62$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 20, 2025
Return Version
2024v5.2
Gross Receipts
$2,638,209
Mission and Program Overview

Mission

The historical society of michigan will foster in citizens a deeper understanding of and appreciation for all michigan history through programs and publications; preserve and promote michigan history through conferences, publications, awards, educational programs, consulting services and related historical activities; coordinate and further the program of local historical societies and local historians by functioning as a statewide service organization and communication network; cooperate with appropriate individuals on a local, state and national level and/or with organizations and institutions in projects and activities that will promote and sustain interest in history; enhance public support for the preservation and protection of michigan history.

To promote the history of Michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,252,063$2,390,020▲ $137,957
Savings and Temporary Cash Investments$744,937$1,326,672▲ $581,735
Land, Buildings, and Equipment, Net$839,408$827,510▼ $11,898
Cash and Non-Interest-Bearing Accounts$362,620--
Pledges and Grants Receivable$51,000$320,200▲ $269,200
Prepaid Expenses and Deferred Charges$9,357$29,253▲ $19,896
Accounts Receivable$11,023$5,766▼ $5,257
Total Assets$4,270,408$4,899,421▲ $629,013
Liabilities
Deferred Revenue$159,961$248,321▲ $88,360
Other Liabilities$207,355$218,298▲ $10,943
Accounts Payable and Accrued Expenses$21,004$53,344▲ $32,340
Total Liabilities$388,320$519,963▲ $131,643
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,035,005$2,410,005▲ $375,000
Net Assets Without Donor Restrictions$1,847,083$1,969,453▲ $122,370
Total Net Assets Fund Balance$3,882,088$4,379,458▲ $497,370
Total Liabilities and Net Assets / Fund Balance$4,270,408$4,899,421▲ $629,013

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$763,685$133,049$896,734
Other Land Buildings$59,484$109,653$169,137
Equipment$4,341$74,181$78,522

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,141,607-▲ $131,560-$2,273,167
2023$1,994,812-▲ $146,795-$2,141,607
2022$1,628,189$358,511▲ $128,944$120,832$1,994,812
2021$669,727$1,099,893▼ $112,744$28,687$1,628,189
2020$557,466-▲ $112,261-$669,727
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry J WagenaarExecutive DirectorFT$150,338$15,034$165,372

Board Members and Trustees

NameTitle
Richard WienerPresident
Chuck StokesVice President
Blaire MorseauTrustee
Carolyn BloodworthTrustee
Connie DangTrustee
Daniel Truckey EndedTrustee
David Trebing EndedTrustee
Delia Fernandez-JonesTrustee
Dianne SchmitigalTrustee
Donna OdomTrustee
Eric HemenwayTrustee
Frank Wilhelme EndedTrustee
Jamon JordanTrustee
Jenice Mitchell Ford EndedTrustee
Julie CrollTrustee
Karen BatchelorTrustee
Kendall WingroveTrustee
Kimberly LloydTrustee
Lindsay HiltunenTrustee
Maria Elena Rodriguez EndedTrustee
Shannon WhiteTrustee
Sharon CarlsonTrustee
Steve BrissonTrustee
Thomas GeorgeTrustee
Virginia Paganelli CarusoSecretary
Robert VerHeulenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,223,237
Program Service Revenue
$1,093,213
Investment Income
$97,964
Other Revenue
$17,315
All Other Contributions
$993,237
Change in Net Assets
$326,867

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,431,729
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$170,503
Total Revenue per Audited Statements
$2,602,232
Total Revenue per Form 990
$2,431,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,073,191
Other Expenses$981,102
Grants and Similar Amounts Paid$50,569
Total Fundraising Expense$41,546
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$539,076$172,504$7,188$718,768
Office Expenses$283,847$11,905$495$296,247
Travel$286,615$2,883$120$289,618
Current Officers, Directors, Trustees, and Key Employees$125,861$40,275$1,679$167,815
Conferences and Meetings$118,363--$118,363
Other Employee Benefits$63,058$20,179$841$84,078
Payroll Taxes$52,649$16,848$702$70,199
Other Expenses$56,950$33,893$29,385$56,950
Depreciation Depletion$40,994$13,118$546$54,658
Grants to Domestic Orgs$50,569--$50,569
Pension Plan Contributions$24,248$7,760$323$32,331
Occupancy$19,976$6,392$267$26,635
Insurance$15,992$3,998-$19,990
Fees for Services Accounting-$13,750-$13,750
Fees for Services Legal$3,722$1,128-$4,850
Fees for Services Other-$8-$8
Interest-$3-$3
Total Functional Expenses$1,718,672$344,644$41,546$2,104,862

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,104,862
Total Expenses per Audited Statements$2,104,862
Total Expenses per Form 990$2,104,862
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Subscription Liability$181,183
Other Liabilities$37,115
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, line 6

“The Historical Society of Michigan is a member supported organization. Individuals pay a fee to become members and then receive publications from the organization.”

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

“Historical Society of Michigan members are asked to submit names and then the board's nomination committee pools these suggestions with prospects developed by the board to determine a slate of nominees for election by the membership.”

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

“The Form 990 is reviewed by management and the full Board of Trustees prior to filing.”

Form 990, Part VI, Section B, line 15

“CEO salary is governed by a contract, which provides for a 3% annual increase unless the board decides otherwise. All staff are reviewed and salaries/pay rates adjusted annually.”

Form 990, Part VI, Section C, line 19

“The organization's governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Historical Society of Michigan
EIN
38-1452689
Phone
5173241828
Address
7435 Westshire Drive, Lansing, MI 48917

Signing Officer

Name
Larry J Wagenaar
Title
Executive Director
Phone
5173241828
Signed
2025-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry J Wagenaar
Formed
1828
Legal Domicile
Mi
Voting Board Members
22
Independent Board Members
21
Employees
27
Volunteers
215

Preparer

Firm
Yeo & Yeo Pc
Address
822 Centennial Way Ste 250, Lansing, MI 48917
Preparer
Bradley M DeVries
Phone
5173239500
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IRS990/MissionDesc0The Historical Society of Michigan will foster in citizens a deeper understanding of and appreciation for all Michigan history through programs and publications; preserve and promote Michigan history through conferences, publications, awards, educational programs, consulting services and related historical activities; coordinate and further the program of local historical societies and local historians by functioning as a statewide service organization and communication network; cooperate with appropriate individuals on a local, state and national level and/or with organizations and institutions in projects and activities that will promote and sustain interest in history; enhance public support for the preservation and protection of Michigan history.
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