Civic Intelligence

Sturgis Historical Society

EIN 38-3263074 • 501(c)3 • Sturgis, MI

Profile

To provide for the preservation and promote knowledge of the history of the city of sturgis, michigan, including establishing and maintaining a museum dedicated to the history of the city.

101 S Jefferson StSturgis, MI 49091

www.sturgismuseum.org

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

2.2%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

55th percentile

0.0%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-19%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$334,316

Up $136 (+0.0%) from 2023

Liabilities

Down

$322

Down $1,855 (-85%) from 2023

Net Assets

Up

$333,994

Up $1,991 (+0.6%) from 2023

Revenue

Down

$90,079

Down $20,986 (-19%) from 2023

Expenses

Down

$88,088

Down $32,181 (-27%) from 2023

Net Income

Up

$1,991

Up $11,195 (+122%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $24,282Liabilities 2014: $0Net Assets 2014: $24,2822014Assets 2015: $29,518Liabilities 2015: $0Net Assets 2015: $29,5182015Assets 2016: $153,636Liabilities 2016: $0Net Assets 2016: $153,6362016Assets 2017: $254,769Liabilities 2017: $0Net Assets 2017: $254,7692017Assets 2018: $284,424Liabilities 2018: $1,152Net Assets 2018: $283,2722018Assets 2019: $298,648Liabilities 2019: $680Net Assets 2019: $297,9682019Assets 2020: $317,152Liabilities 2020: $403Net Assets 2020: $316,7492020Assets 2021: $346,950Liabilities 2021: $512Net Assets 2021: $346,4382021Assets 2022: $342,292Liabilities 2022: $1,085Net Assets 2022: $341,2072022Assets 2023: $334,180Liabilities 2023: $2,177Net Assets 2023: $332,0032023Assets 2024: $334,316Liabilities 2024: $322Net Assets 2024: $333,9942024

Highlighted filing

2024

Assets$334,316
Liabilities$322
Net Assets$333,994

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $410,723Expenses 2014: $409,864Net Income 2014: $8592014Revenue 2015: $217,881Expenses 2015: $212,645Net Income 2015: $5,2362015Revenue 2016: $320,463Expenses 2016: $196,345Net Income 2016: $124,1182016Revenue 2017: $186,694Expenses 2017: $85,561Net Income 2017: $101,1332017Revenue 2018: $366,711Expenses 2018: $338,208Net Income 2018: $28,5032018Revenue 2019: $493,509Expenses 2019: $478,813Net Income 2019: $14,6962019Revenue 2020: $101,842Expenses 2020: $83,061Net Income 2020: $18,7812020Revenue 2021: $115,194Expenses 2021: $85,505Net Income 2021: $29,6892021Revenue 2022: $118,177Expenses 2022: $123,408Net Income 2022: -$5,2312022Revenue 2023: $111,065Expenses 2023: $120,269Net Income 2023: -$9,2042023Revenue 2024: $90,079Expenses 2024: $88,088Net Income 2024: $1,9912024

Highlighted filing

2024

Revenue$90,079
Expenses$88,088
Net Income$1,991

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.0
Gross Receipts
$93,812
Mission and Program Overview

Mission

To provide for the preservation and promote knowledge of the history of the city of sturgis, michigan, including establishing and maintaining a museum dedicated to the history of the city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$332,003$333,994▲ $1,991
Land, Buildings, and Equipment, Net$180,679$173,228▼ $7,451
Savings and Temporary Cash Investments$143,678$149,972▲ $6,294
Cash and Non-Interest-Bearing Accounts$5,128$9,417▲ $4,289
Intangible Assets$1,304$956▼ $348
Inventories for Sale or Use$3,391$743▼ $2,648
Total Assets$334,180$334,316▲ $136
Liabilities
Accounts Payable and Accrued Expenses$2,177$322▼ $1,855
Total Liabilities$2,177$322▼ $1,855
Net Assets / Fund Balance
Total Net Assets Fund Balance$332,003$333,994▲ $1,991
Total Liabilities and Net Assets / Fund Balance$334,180$334,316▲ $136

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$173,228$82,008$255,236
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jacqueline S PersingPresident
Betsy PryserDirector
Douglas Van MeterDirector
Eden AlveyDirector
Katie HamlinDirector
Kevin WaltkeDirector
Mary HaylettDirector
Todd MaynardDirector
Todd MillimanDirector
Bruce S GoslingTreasurer
Dianne GorsuchVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$81,656
Program Service Revenue
$0
Investment Income
$1,059
Other Revenue
$7,364
All Other Contributions
$80,561
Change in Net Assets
$1,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,466
Salaries, Compensation, and Employee Benefits$33,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$31,233--$31,233
Depreciation Depletion$8,929--$8,929
Occupancy$8,566--$8,566
Payroll Taxes-$2,389-$2,389
Fees for Services Accounting-$2,375-$2,375
Insurance-$2,118-$2,118
Office Expenses$300$1,419-$1,719
Information Technology$1,007--$1,007
Other Expenses$790--$790
All Other Expenses$189$333-$522
Total Functional Expenses$79,454$8,634$0$88,088
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,368
Fundraising Direct Expenses$477
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael Mort Former PresidentEquity StudiosProduction of VideosNo$24,375
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
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 6

The organization is a corporation that has members that may belong as one of several classes of membership: single member at a cost of 25 per year family member at a cost of 45 per year business member at a cost of 45 per year institutional member at a cost of 45 per year special (honorary) member that is at no cost all member classes have equal rights and voting privileges

Form 990, Page 6, Part VI, Line 7A

The organization has five classes of membership, all with equal voting rights to elect members to the board of directors. Candidates are selected by a nominating committee appointed by the president of the board of directors and from the floor at the annual meeting. These candidates are voted upon at the annual meeting held in may of each year.

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

The form is submitted to the members of the governing body either at a regularly scheduled meeting or by electronic delivery for comment prior to the filing date of the return.

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

The performance of the executive director is reviewed by the president and at least one other director of the society. Any salary adjustment is debated by the executive committee consisting of the officers of the society and when consensus is reached the adjustment is made.

Form 990, Page 6, Part VI, Line 19

All governing documents, policy statements, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sturgis Historical Society
EIN
38-3263074
Phone
2695037440
Address
101 S JEFFERSON ST, STURGIS, MI 49091

Signing Officer

Name
Bruce S Gosling
Title
Treasurer
Phone
2696513228
Signed
2025-05-07

Organization Details

Principal Officer
Jacqueline S Persing
Formed
1996
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
20

Preparer

Firm
Phillips & Company
Address
127 W CHICAGO RD, STURGIS, MI 49091-1705
Preparer
Bruce S a Gosling CPA
Phone
5742944685
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers assist in developing historical programs, participate in historical presentations to various groups, serve as docents in the museum, develop museum displays, perform maintenance on the museum and grounds and other tasks as necessary

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

Maintain a local museum and collection of local artifacts for display as well as sponsoring educational events at the museum to promote public awareness and provide for the preservation of the local history of sturgis, michigan.

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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MICHAEL MORT FORMER PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EQUITY STUDIOS
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PRODUCTION OF VIDEOS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ASSIST IN DEVELOPING HISTORICAL PROGRAMS, PARTICIPATE IN HISTORICAL PRESENTATIONS TO VARIOUS GROUPS, SERVE AS DOCENTS IN THE MUSEUM, DEVELOP MUSEUM DISPLAYS, PERFORM MAINTENANCE ON THE MUSEUM AND GROUNDS AND OTHER TASKS AS NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MAINTAIN A LOCAL MUSEUM AND COLLECTION OF LOCAL ARTIFACTS FOR DISPLAY AS WELL AS SPONSORING EDUCATIONAL EVENTS AT THE MUSEUM TO PROMOTE PUBLIC AWARENESS AND PROVIDE FOR THE PRESERVATION OF THE LOCAL HISTORY OF STURGIS, MICHIGAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS A CORPORATION THAT HAS MEMBERS THAT MAY BELONG AS ONE OF SEVERAL CLASSES OF MEMBERSHIP: SINGLE MEMBER AT A COST OF 25 PER YEAR FAMILY MEMBER AT A COST OF 45 PER YEAR BUSINESS MEMBER AT A COST OF 45 PER YEAR INSTITUTIONAL MEMBER AT A COST OF 45 PER YEAR SPECIAL (HONORARY) MEMBER THAT IS AT NO COST ALL MEMBER CLASSES HAVE EQUAL RIGHTS AND VOTING PRIVILEGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS FIVE CLASSES OF MEMBERSHIP, ALL WITH EQUAL VOTING RIGHTS TO ELECT MEMBERS TO THE BOARD OF DIRECTORS. CANDIDATES ARE SELECTED BY A NOMINATING COMMITTEE APPOINTED BY THE PRESIDENT OF THE BOARD OF DIRECTORS AND FROM THE FLOOR AT THE ANNUAL MEETING. THESE CANDIDATES ARE VOTED UPON AT THE ANNUAL MEETING HELD IN MAY OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM IS SUBMITTED TO THE MEMBERS OF THE GOVERNING BODY EITHER AT A REGULARLY SCHEDULED MEETING OR BY ELECTRONIC DELIVERY FOR COMMENT PRIOR TO THE FILING DATE OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE PRESIDENT AND AT LEAST ONE OTHER DIRECTOR OF THE SOCIETY. ANY SALARY ADJUSTMENT IS DEBATED BY THE EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS OF THE SOCIETY AND WHEN CONSENSUS IS REACHED THE ADJUSTMENT IS MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS, POLICY STATEMENTS, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE S GOSLING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02696513228
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STURGIS HISTORICAL SOCIETY
ReturnHeader/Filer/BusinessNameControlTxt0STUR
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ReturnHeader/Filer/PhoneNum02695037440
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