Civic Intelligence

Sturgeon Bay Historical Society

EIN 81-4362375 • 501(c)3 • Sturgeon Bay, WI

Profile

Sturgeon bay historical society foundation, inc. Is a nonprofit organization dedicated to preserving sturgeon bay's living history, which defines community character and cultural evolution, for future generations through advocacy, preservation and education. The organization achieves this by saving, restoring, repurposing and sharing the story of sturgeon bay's authentic historic structures.

PO Box 827Sturgeon Bay, WI 54235

sturgeonbayhistoricalsociety.org

Siviq Scores

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

Liabilities / Assets

44th percentile

0.09x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.17x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$39,500

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

97th percentile

130%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

724%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$6,382,005

Up $3,612,286 (+130%) from 2023

Liabilities

Up

$565,870

Up $541,518 (+2224%) from 2023

Net Assets

Up

$5,816,135

Up $3,070,768 (+112%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin98th percentile

Revenue

Up

$3,235,727

Up $2,842,880 (+724%) from 2023

Expenses

Up

$164,959

Up $88,441 (+116%) from 2023

Net Income

Up

$3,070,768

Up $2,754,439 (+871%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2017: $6,493Liabilities 2017: $200Net Assets 2017: $6,2932017Assets 2018: $4,598Liabilities 2018: $0Net Assets 2018: $4,5982018Assets 2019: $5,812Liabilities 2019: $8,328Net Assets 2019: -$2,5162019Assets 2020: $957,725Liabilities 2020: $55,419Net Assets 2020: $902,3062020Assets 2021: $897,933Liabilities 2021: $4,327Net Assets 2021: $893,6062021Assets 2022: $2,515,279Liabilities 2022: $86,241Net Assets 2022: $2,429,0382022Assets 2023: $2,769,719Liabilities 2023: $24,352Net Assets 2023: $2,745,3672023Assets 2024: $6,382,005Liabilities 2024: $565,870Net Assets 2024: $5,816,1352024

Highlighted filing

2024

Assets$6,382,005
Liabilities$565,870
Net Assets$5,816,135
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $6,444Expenses 2017: $151Net Income 2017: $6,2932017Revenue 2018: $69,976Expenses 2018: $71,671Net Income 2018: -$1,6952018Revenue 2019: $475,461Expenses 2019: $482,576Net Income 2019: -$7,1152019Revenue 2020: $359,176Expenses 2020: $5,881Net Income 2020: $353,2952020Revenue 2021: $3,047Expenses 2021: $11,747Net Income 2021: -$8,7002021Revenue 2022: $1,150,006Expenses 2022: $91,565Net Income 2022: $1,058,4412022Revenue 2023: $392,847Expenses 2023: $76,518Net Income 2023: $316,3292023Revenue 2024: $3,235,727Expenses 2024: $164,959Net Income 2024: $3,070,7682024

Highlighted filing

2024

Revenue$3,235,727
Expenses$164,959
Net Income$3,070,768
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,382,005
Liabilities
$565,870
Net assets
$5,816,135
Revenue
$3,235,727
Expenses
$164,959
Net income
$3,070,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.38$0.57$5.82$3.24$0.16$3.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.02$2.75$0.39$0.08$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.52$0.09$2.43$1.15$0.09$1.06
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.89$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.06$0.90$0.36$0.01$0.35
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.48$0.48$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.07$0.07$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.00$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$3,242,023
Mission and Program Overview

Mission

Sturgeon bay historical society foundation, inc. Is a nonprofit organization dedicated to preserving sturgeon bay's living history, which defines community character and cultural evolution, for future generations through advocacy, preservation and education. The organization achieves this by saving, restoring, repurposing and sharing the story of sturgeon bay's authentic historic structures.

The sturgeon bay historical society foundation, inc. Was founded in 2016. We are a 501(c)3 organization dedicated to preserving sturgeon bays living history, which defines our community character and cultural evolution, for future generations through advocacy, preservation and education. We do this by saving, restoring, repurposing and sharing the story of sturgeon bays authentic historic structures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$97,261$541,213▲ $443,952
Cash and Non-Interest-Bearing Accounts$55,825$143,349▲ $87,524
Land, Buildings, and Equipment, Net$11,827$28,592▲ $16,765
Intangible Assets-$12,319-
Prepaid Expenses and Deferred Charges$1,000$4,609▲ $3,609
Accounts Receivable$1,091--
Total Assets$2,769,719$6,382,005▲ $3,612,286
Other Assets Total$2,602,715$5,651,923▲ $3,049,208
Liabilities
Accounts Payable and Accrued Expenses$18,565$565,870▲ $547,305
Other Liabilities$5,787--
Total Liabilities$24,352$565,870▲ $541,518
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,422,119$5,326,549▲ $2,904,430
Net Assets With Donor Restrictions$323,248$489,586▲ $166,338
Total Net Assets Fund Balance$2,745,367$5,816,135▲ $3,070,768
Total Liabilities and Net Assets / Fund Balance$2,769,719$6,382,005▲ $3,612,286

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,366$1,363$23,729
Equipment$6,226$2,509$8,735
Other Assets Org$74,521--
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael E TelzrowFormer Exec.FT$39,500$39,500
Ryan HoernkeTreasurer-$3$3

Board Members and Trustees

NameTitle
Matt YoungPresident
Beth RenstomBoard Member
Deb Whitelaw GorskiBoard Member
Kelly AvensonBoard Member
Kevin QuinnBoard Member
Nikola KaftanBoard Member
Phil BieblBoard Member
Nicole MatsonInterm Exec
Stephanie KroepflSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,236,189
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-462
All Other Contributions
$279,081
Change in Net Assets
$3,070,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,235,727
Revenue Not Reported on Form 990
$6,296
Total Revenue per Audited Statements
$3,242,023
Total Revenue per Form 990
$3,235,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$87,721
Other Expenses$62,838
Total Fundraising Expense$31,652
Professional Fundraising Fees$14,400
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,183$4,523$4,523$45,229
Other Salaries and Wages$29,986$3,748$3,748$37,482
Occupancy$15,488$1,936$1,936$19,360
Fees for Services Professional Fundraising--$14,400$14,400
Office Expenses$1,251$11,302$233$12,786
Advertising$3,522$503$4,073$8,098
Fees for Services Accounting-$6,873-$6,873
Payroll Taxes$4,008$501$501$5,010
Fees for Service Investment Mgmnt Fees$3,583--$3,583
Depreciation Depletion$2,206--$2,206
Information Technology$1,190$149$149$1,488
All Other Expenses$402$403-$805
Fees for Services Other--$625$625
Other Expenses$4,206$369$52$421
Insurance-$419-$419
Total Functional Expenses$102,025$31,282$31,652$164,959

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$171,255
Expenses per Audited Statements$164,959
Total Expenses per Form 990$164,959
Expenses Not Reported on Form 990$6,296
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$14,400
Fundraising Direct Expenses$5,478
Fundraising Gross Income$3,633
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
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 treasurer prepares the work papers for the 990 prep and submits them to the cpa. The treasurer works with the cpa to answer any questions that come up in the process. Once prepared, the executive committee reviews the 990. If there are questions the treasurer works with the cpa to get the answers. Once all questions are answered the 990 is presented to the board for approval.”

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

“Disclosure of conflicts of interest are noted with board meetings”

Form 990, Page 6, Part VI, Line 18

“The financials are available by request and the 990 is available at guidestar.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Sturgeon Bay Historical Society
EIN
81-4362375
Phone
9204953779
Address
PO BOX 827, STURGEON BAY, WI 54235

Signing Officer

Name
Matt Young
Title
President
Phone
9204212332
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Young
Formed
2017
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
12

Preparer

Firm
Kerberrose Sc
Address
115 E 5TH ST, SHAWANO, WI 54166
Preparer
Karen Kerber CPA
Phone
7155269400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Sturgeon bay historical society foundation, inc. Is a nonprofit organization dedicated to preserving sturgeon bay's living history, which defines community character and cultural evolution, for future generations through advocacy, preservation and education. The organization achieves this by saving, restoring, repurposing and sharing the story of sturgeon bay's authentic historic structures.”

Form 990, Page 1, Part I, Line 6

“Volunteers organize and work at events, suggest and review projects and create a website, newsletter and other outreach materials.”

Form 990, Part XI, Line 9

“Cogs netted on 990 with revenues 818 fundraising expenses netted on 990 with revenues 5,478 cogs netted on 990 with revenues -818 fundraising expenses netted on 990 with revenues -5,478”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is a charitable organization under section 501(c)(3) of the internal revenue code, and thus is exempt from income taxes. Gifts, grants and bequests are deductible by donors within limitations of the internal revenue code. The organization is subject to tax on income from any unrelated business. The organization has not identified any activities that would be subject to tax. The organization continually evaluates its tax positions, changes in tax law and new authoritative rulings for potential implications to its tax status”

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

“Cogs netted on 990 with revenues 818 fundraising expenses netted on 990 with revenues 5,478”

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

“Cogs netted on 990 with revenues 818 fundraising expenses netted on 990 with revenues 5,478”

Raw XML AppendixShowing 400 of 461 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THUS IS EXEMPT FROM INCOME TAXES. GIFTS, GRANTS AND BEQUESTS ARE DEDUCTIBLE BY DONORS WITHIN LIMITATIONS OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE ORGANIZATION HAS NOT IDENTIFIED ANY ACTIVITIES THAT WOULD BE SUBJECT TO TAX. THE ORGANIZATION CONTINUALLY EVALUATES ITS TAX POSITIONS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS FOR POTENTIAL IMPLICATIONS TO ITS TAX STATUS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COGS NETTED ON 990 WITH REVENUES 818 FUNDRAISING EXPENSES NETTED ON 990 WITH REVENUES 5,478
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COGS NETTED ON 990 WITH REVENUES 818 FUNDRAISING EXPENSES NETTED ON 990 WITH REVENUES 5,478
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STURGEON BAY HISTORICAL SOCIETY FOUNDATION, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO PRESERVING STURGEON BAY'S LIVING HISTORY, WHICH DEFINES COMMUNITY CHARACTER AND CULTURAL EVOLUTION, FOR FUTURE GENERATIONS THROUGH ADVOCACY, PRESERVATION AND EDUCATION. THE ORGANIZATION ACHIEVES THIS BY SAVING, RESTORING, REPURPOSING AND SHARING THE STORY OF STURGEON BAY'S AUTHENTIC HISTORIC STRUCTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS ORGANIZE AND WORK AT EVENTS, SUGGEST AND REVIEW PROJECTS AND CREATE A WEBSITE, NEWSLETTER AND OTHER OUTREACH MATERIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER PREPARES THE WORK PAPERS FOR THE 990 PREP AND SUBMITS THEM TO THE CPA. THE TREASURER WORKS WITH THE CPA TO ANSWER ANY QUESTIONS THAT COME UP IN THE PROCESS. ONCE PREPARED, THE EXECUTIVE COMMITTEE REVIEWS THE 990. IF THERE ARE QUESTIONS THE TREASURER WORKS WITH THE CPA TO GET THE ANSWERS. ONCE ALL QUESTIONS ARE ANSWERED THE 990 IS PRESENTED TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE OF CONFLICTS OF INTEREST ARE NOTED WITH BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCIALS ARE AVAILABLE BY REQUEST AND THE 990 IS AVAILABLE AT GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COGS NETTED ON 990 WITH REVENUES 818 FUNDRAISING EXPENSES NETTED ON 990 WITH REVENUES 5,478 COGS NETTED ON 990 WITH REVENUES -818 FUNDRAISING EXPENSES NETTED ON 990 WITH REVENUES -5,478
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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