Civic Intelligence

Itasca County Historical Society

990 • Fiscal year 2011 • EIN 41-0984222

Jan 01, 2011 to Dec 31, 2011 • Filed on May 18, 2012

10 NW 5th Street55744
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.38x

Higher debt load relative to assets than 85% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

41st percentile

-4.1%

Faster asset growth than 41% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$123,925

Down $5,231 (-4.1%) from 2010

Net Assets

Down

$77,155

Down $19,976 (-21%) from 2010

Liabilities

Up

$46,770

Up $14,745 (+46%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$124,414

Down $12,540 (-9.2%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $129,156Liabilities 2010: $32,025Net Assets 2010: $97,1312010Assets 2011: $123,925Liabilities 2011: $46,770Net Assets 2011: $77,1552011Assets 2012: $452,334Liabilities 2012: $219,660Net Assets 2012: $232,6742012Assets 2013: $463,323Liabilities 2013: $141,816Net Assets 2013: $321,5072013Assets 2014: $489,809Liabilities 2014: $119,426Net Assets 2014: $370,3832014Assets 2015: $502,852Liabilities 2015: $92,174Net Assets 2015: $410,6782015Assets 2016: $500,876Liabilities 2016: $71,578Net Assets 2016: $429,2982016Assets 2017: $511,004Liabilities 2017: $61,805Net Assets 2017: $449,1992017Assets 2018: $479,570Liabilities 2018: $10,167Net Assets 2018: $469,4032018Assets 2019: $456,862Liabilities 2019: $7,272Net Assets 2019: $449,5902019Assets 2020: $493,232Liabilities 2020: $22,480Net Assets 2020: $470,7522020Assets 2021: $500,302Liabilities 2021: $5,171Net Assets 2021: $495,1312021Assets 2022: $470,247Liabilities 2022: $3,190Net Assets 2022: $467,0572022Assets 2023: $483,342Liabilities 2023: $2,645Net Assets 2023: $480,6972023Assets 2024: $499,988Liabilities 2024: $2,821Net Assets 2024: $497,1672024

Highlighted filing

2011

Assets$123,925
Liabilities$46,770
Net Assets$77,155

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $136,9542010Expenses 2011: $124,4142011Revenue 2012: $277,279Expenses 2012: $127,864Net Income 2012: $149,4152012Revenue 2013: $218,379Expenses 2013: $131,970Net Income 2013: $86,4092013Revenue 2014: $182,441Expenses 2014: $133,631Net Income 2014: $48,8102014Revenue 2015: $191,429Expenses 2015: $145,783Net Income 2015: $45,6462015Revenue 2016: $166,998Expenses 2016: $150,450Net Income 2016: $16,5482016Revenue 2017: $154,178Expenses 2017: $140,723Net Income 2017: $13,4552017Revenue 2018: $206,037Expenses 2018: $173,543Net Income 2018: $32,4942018Revenue 2019: $162,351Expenses 2019: $187,741Net Income 2019: -$25,3902019Revenue 2020: $167,348Expenses 2020: $153,998Net Income 2020: $13,3502020Revenue 2021: $169,525Expenses 2021: $150,300Net Income 2021: $19,2252021Revenue 2022: $135,553Expenses 2022: $142,546Net Income 2022: -$6,9932022Revenue 2023: $154,005Expenses 2023: $151,249Net Income 2023: $2,7562023Revenue 2024: $148,441Expenses 2024: $135,731Net Income 2024: $12,7102024

Highlighted filing

2011

Revenue-
Expenses$124,414
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 18, 2012
Return Version
2011v1.2
Gross Receipts
$127,190
Mission and Program Overview

Mission

To connect people to the history of itasca county.

Major Activities

Activity 2
Museum store: in conjunction with the museum, the society operates a museum store where visitors and the general public can purchase historical and local author books, replicas and educational items, all of which have a relevance to the history of itasca county. Such items support the mission of the society by educating the public.
Activity 3
Public information: the society produces a newsletter quarterly distributed to the membership and general public. These newsletters and fliers contain announcements of events as well as articles relevant to the history of itasca county. The society has a membership in excess of 350 individuals and organizations.
Filing and Contact Details

Filer

EIN
41-0984222
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IRS990/Description0MUSEUM: THE ITASCA COUNTY HISTORICAL SOCIETY (ICHS) HAS BEEN WORKING SINCE 1948 TO BRING ITASCA COUNTY HISTORY TO THE CITIZENS OF THIS REGION. WE OFFER HISTORICAL RESOURCES, SOME OF WHICH ARE AVAILABLE THRU THE KARJALA RESEARCH, GENEALOGY AND HISTORY CENTERS. WE HOST VISITORS FROM MANY OTHER STATES AS WELL AS FOREIGN COUNTRIES. THIS NOT ONLY PROVIDES SIGNIFICANT REVENUE BUT ALSO HELPS IMPROVE THE AWARENESS OF THE COUNTY HISTORY. THE ICHS HAS ITS OFFICES ON THE SECOND FLOOR OF THE OLD CENTRAL SCHOOL, A BUILDING ON THE NATIONAL HISTORIC REGISTER, IN DOWNTOWN GRAND RAPIDS, MN. THE SOCIETY ALSO MANAGES A MUSEUM AND MUSEUM STORE IN CENTRAL SCHOOL, WHICH IS OPEN YEAR ROUND, WHICH IN THE PAST CALENDER YEAR, SERVED 20,000 VISITORS. IN ADDITION, THE SOCIETY MAINTAINS THE KARJALA RESEARCH, GENEALOGY AND HISTORY CENTERS, HOUSING 40,000 DOCUMENTS AND 100,000 PHOTOGRAPHS.FURTHER, APPROXIMATELY 50,000 ARTIFACTS ARE STORED IN A CLIMATE-CONTROLLED ENVIRONMENT AT AN OFF-SITE FACILITY. THE MUSEUM ARCHIVE AND STORAGE FACILITY ARE ESSENTIAL TO THE SOCIETY'S MISSION TO CONNECT PEOPLE TO THE HISTORY OF ITASCA COUNTY. TO FULFILL ITS MISSION, THE ICHS CONDUCTS A NUMBER OF PROGRAMS. THESE INCLUDE THE DEVELOPMENT OF SEMI-PERMANENT MUSEUM EXHIBITS; OVER 30 TRAVELING EXHIBITS WHICH ARE PLACED IN COMMUNITIES THROUGHOUT ITASCA COUNTY AND, IN THE PAST YEAR, WERE VIEWED BY APPROXIMATELY 35,000 INDIVIDUALS; WE OFFER A TRAVELING EDUCATIONAL PROGRAM THAT HAS APPEARED IN LOCAL SCHOOLS; NEWSPAPER COLUMNS, ALL OF WHICH ARE DESIGNED TO INTERPET AND DISSEMINATE ITASCA COUNTY HISTORY. OUR CADRE OF VOLUNTEERS HAS LOGGED OVER 1,800 HOURS DURING THE LAST CALENDAR YEAR TO ASSIST IN BRINGING THE ABOVE GOALS TO FRUITION. VOLUNTEERS RANGE IN AGE FROM HIGH SCHOOL STUDENTS TO SENIOR CITIZENS. THE ITASCA COUNTY HISTORICAL SOCIETY CONTINUES TO WORK WITH NUMEROUS ORGANIZATIONS, INCLUDING VARIOUS ITASCA COUNTY TOWNSHIPS, WHICH HAVE COMMON INTERESTS. IN MANY CASES, THESE GROUPS HAVE ASKED THE ICHS TO TAKE ON THE TASK OF PRESERVING DOCUMENTS, WHICH OTHER LOCAL ORGANIZATIONS ARE NOT TRAINED OR EQUIPPED TO DO. THE DOCUMENTARY HISTORIES OF SUCH ORGANIZATIONS ARE PRESERVED AND MANAGED IN THE KARJALA RESEARCH CENTER. THESE DOCUMENTS OFTEN BECOME THE BASIS FOR NEW TRAVELING EXHIBITS. THIS CAN BE VERY EXPENSIVE, AND SOME GROUPS HAVE HELPED DEFER SOME OF THE COSTS ASSOCIATED WITH PRESERVATION AND WITH THE DEVELOPMENT OF TRAVELING EXHIBITS, INTERPRETING AND DISSEMINATING ITASCA COUNTY HISTORY. AS WE ARE BECOMING MORE VISIBLE IN THE COUNTY, GROUPS AND ORGANIZATIONS HAVE ASKED FOR OUR ASSISTANCE ON SPECIAL EVENTS AND PROJECTS, SUCH AS COMMUNITY CENTENNIALS, REUNIONS, AND SO FORTH. WE HOPE TO CONTINUE WORKING WITH COMMUNITY ORGANIZATIONS TO PRESERVE THEIR LOCAL HISTORY FOR FUTURE GENERATIONS. FOLLOWING IS A LIST OF GROUPS AND ORGANIZATIONS WE HAVE WORKED WITH THROUGH THE YEAR: CHAMBER OF COMMERCE, VISIT GRAND RAPIDS, CENTRAL SCHOOL COMMISSION, AREA ATTRACTIONS AND EVENTS, FOREST HISTORY CENTER, MINNESOTA HISTORICAL SOCIETY, AIR BASE ASSOCIATION, MYLES REIF PERFORMING ARTS CENTER, ITASCA COUNTY TOWNSHIPS, ITASCA COUNTY SCHOOLS, TALL TIMBER DAYS, BABY STEPS BOUTIQUE, JUDY GARLAND MUSEUM, SHOWBOAT, WHITE OAKS SOCIETY, GRAND RAPIDS AREA LIBRARY, AND ALL CITIES IN ITASCA COUNTY.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.03$4.97$1.48$1.36$0.13
2023Detailed filing. Detailed filing data is available for this year.$4.83$0.03$4.81$1.54$1.51$0.03
2022Detailed filing. Detailed filing data is available for this year.$4.70$0.03$4.67$1.36$1.43$0.07
2021Detailed filing. Detailed filing data is available for this year.$5.00$0.05$4.95$1.70$1.50$0.19
2020Detailed filing. Detailed filing data is available for this year.$4.93$0.22$4.71$1.67$1.54$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.57$0.07$4.50$1.62$1.88$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.80$0.10$4.69$2.06$1.74$0.32
2017Detailed filing. Detailed filing data is available for this year.$5.11$0.62$4.49$1.54$1.41$0.13
2016Detailed filing. Detailed filing data is available for this year.$5.01$0.72$4.29$1.67$1.50$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.03$0.92$4.11$1.91$1.46$0.46
2014Detailed filing. Detailed filing data is available for this year.$4.90$1.19$3.70$1.82$1.34$0.49
2013Detailed filing. Detailed filing data is available for this year.$4.63$1.42$3.22$2.18$1.32$0.86
2012Summary only. Only limited summary data is available for this year.$4.52$2.20$2.33$2.77$1.28$1.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.47$0.77$1.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.32$0.97$1.37