Civic Intelligence

Island County Historical Society

EIN 91-6071155 • 501(c)3 • Coupeville, WA

Profile

Our mission has been dedicated to the collection, preservation, and interpretation of island county's rich and unique cultural heritage and history.

PO Box 305Coupeville, WA 98239

www.islandhistory.org

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.01x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

52nd percentile

5.4%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$65,157

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 23.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

45th percentile

1.9%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

27%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,138,319

Up $21,751 (+1.9%) from 2023

Liabilities

Down

$3,134

Down $18,442 (-85%) from 2023

Net Assets

Up

$1,135,185

Up $40,193 (+3.7%) from 2023

Revenue

Up

$283,553

Up $60,086 (+27%) from 2023

Expenses

Up

$268,142

Up $37,766 (+16%) from 2023

Net Income

Up

$15,411

Up $22,320 (+323%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $915,703Liabilities 2010: $2,528Net Assets 2010: $913,1752010Assets 2011: $955,233Liabilities 2011: $2,241Net Assets 2011: $952,9922011Assets 2012: $967,165Liabilities 2012: $3,265Net Assets 2012: $963,9002012Assets 2013: $961,605Liabilities 2013: $3,945Net Assets 2013: $957,6602013Assets 2014: $956,861Liabilities 2014: $6,990Net Assets 2014: $949,8712014Assets 2015: $1,013,354Liabilities 2015: $9,868Net Assets 2015: $1,003,4862015Assets 2016: $1,031,230Liabilities 2016: $11,572Net Assets 2016: $1,019,6582016Assets 2017: $1,035,498Liabilities 2017: $12,968Net Assets 2017: $1,022,5302017Assets 2018: $993,394Liabilities 2018: $14,215Net Assets 2018: $979,1792018Assets 2019: $997,810Liabilities 2019: $15,605Net Assets 2019: $982,2052019Assets 2020: $1,002,277Liabilities 2020: $16,477Net Assets 2020: $985,8002020Assets 2021: $1,044,615Liabilities 2021: $18,579Net Assets 2021: $1,026,0362021Assets 2022: $1,150,537Liabilities 2022: $2,692Net Assets 2022: $1,147,8452022Assets 2023: $1,116,568Liabilities 2023: $21,576Net Assets 2023: $1,094,9922023Assets 2024: $1,138,319Liabilities 2024: $3,134Net Assets 2024: $1,135,1852024

Highlighted filing

2024

Assets$1,138,319
Liabilities$3,134
Net Assets$1,135,185

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $119,795Expenses 2010: $140,340Net Income 2010: -$20,5452010Revenue 2011: $164,161Expenses 2011: $134,513Net Income 2011: $29,6482011Expenses 2012: $151,9402012Revenue 2013: $172,540Expenses 2013: $165,068Net Income 2013: $7,4722013Revenue 2014: $163,812Expenses 2014: $171,601Net Income 2014: -$7,7892014Revenue 2015: $230,394Expenses 2015: $241,990Net Income 2015: -$11,5962015Revenue 2016: $209,118Expenses 2016: $206,104Net Income 2016: $3,0142016Revenue 2017: $244,818Expenses 2017: $263,613Net Income 2017: -$18,7952017Revenue 2018: $267,890Expenses 2018: $279,985Net Income 2018: -$12,0952018Revenue 2019: $301,236Expenses 2019: $288,409Net Income 2019: $12,8272019Revenue 2020: $229,652Expenses 2020: $222,518Net Income 2020: $7,1342020Revenue 2021: $260,480Expenses 2021: $220,244Net Income 2021: $40,2362021Revenue 2022: $310,617Expenses 2022: $296,930Net Income 2022: $13,6872022Revenue 2023: $223,467Expenses 2023: $230,376Net Income 2023: -$6,9092023Revenue 2024: $283,553Expenses 2024: $268,142Net Income 2024: $15,4112024

Highlighted filing

2024

Revenue$283,553
Expenses$268,142
Net Income$15,411

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.28$0.27$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.02$1.09$0.22$0.23$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$0.31$0.30$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.02$1.03$0.26$0.22$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.02$0.99$0.23$0.22$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.02$0.98$0.30$0.29$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.01$0.98$0.27$0.28$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.01$1.02$0.24$0.26$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.01$1.02$0.21$0.21$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.01$1.00$0.23$0.24$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.16$0.17$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.17$0.17$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.96$0.15
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.95$0.16$0.13$0.03
2010Summary only. Only limited summary data is available for this year.$0.92$0.00$0.91$0.12$0.14$0.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$308,014
Mission and Program Overview

Mission

Our mission has been dedicated to the collection, preservation, and interpretation of island county's rich and unique cultural heritage and history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$204,585$220,885▲ $16,300
Land, Buildings, and Equipment, Net$128,903$117,019▼ $11,884
Inventories for Sale or Use$25,888$25,888→ $0
Cash and Non-Interest-Bearing Accounts$340$340→ $0
Total Assets$993,394$997,810▲ $4,416
Other Assets Total$633,678$633,678→ $0
Liabilities
Accounts Payable and Accrued Expenses$14,215$15,605▲ $1,390
Total Liabilities$14,215$15,605▲ $1,390
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$899,105$920,392▲ $21,287
Net Assets With Donor Restrictions$80,074$61,813▼ $18,261
Total Net Assets Fund Balance$979,179$982,205▲ $3,026
Total Liabilities and Net Assets / Fund Balance$993,394$997,810▲ $4,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$31,342$288,970$320,312
Land$85,215-$85,215
Equipment$462$54,342$54,804
Other Assets Org$633,678--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$250,769
Program Service Revenue
$39,651
Investment Income
$39
Other Revenue
$10,777
All Other Contributions
$127,998
Change in Net Assets
$12,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,893
Salaries, Compensation, and Employee Benefits$139,516
Total Fundraising Expense$7,439
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$50,687$76,031-$126,718
Occupancy$38,664$459-$39,123
Office Expenses$12,143$1,383-$13,526
Payroll Taxes$5,119$7,679-$12,798
Depreciation Depletion$11,882--$11,882
Insurance$5,351--$5,351
Other Expenses$3,659-$5,253$3,659
Advertising$3,554--$3,554
All Other Expenses$989-$2,186$3,175
Fees for Services Accounting$1,790--$1,790
Conferences and Meetings$182$681-$863
Travel$14--$14
Total Functional Expenses$194,737$86,233$7,439$288,409
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$345
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Fundraiser$56,556---
Annual Campaign$7,665---
Total Events$64,221---
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
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
No
Management duties delegated
No

Governance Explanations

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

Executive director and/or the board of directors reviews the form 990 with the preparer, prior to signing and dating the form for submission.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Island County Historical Society
EIN
91-6071155
Phone
3606783310
Address
PO BOX 305, COUPEVILLE, WA 98239

Signing Officer

Name
Richard Castellano
Title
Executive Director
Phone
3606783310
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Ferri
Formed
1949
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
40

Preparer

Firm
WILLIAMS & NULLE PLLC CPA'S
Address
407 PINE ST, MOUNT VERNON, WA 98273-3853
Preparer
Patricia a Anderson
Phone
3603366611
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers answer phones, run the front desk, accept admission fees and perform various other duties.

Form 990, Part XI, Line 9

Change in temp rest. Net asset -9,801

Raw XML AppendixShowing 400 of 440 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
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IRS990/BooksInCareOfDetail/PhoneNum03606783310
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 305
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd098239
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IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0182
IRS990/ConferencesMeetingsGrp/TotalAmt0863
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IRS990/ConservationEasementsInd0false
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt011882
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IRS990/Desc0ISLAND COUNTY HISTORICAL SOCIETY OPERATES A MUSEUM TO PROVIDE A STIMULATING ENVIRONMENT FOR THE STUDY OF ISLAND COUNTY'S RICH AND FASCINATING CULTURAL AND GEOLOGICAL HISTORY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ANSWER PHONES, RUN THE FRONT DESK, ACCEPT ADMISSION FEES AND PERFORM VARIOUS OTHER DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR AND/OR THE BOARD OF DIRECTORS REVIEWS THE FORM 990 WITH THE PREPARER, PRIOR TO SIGNING AND DATING THE FORM FOR SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN TEMP REST. NET ASSET -9,801
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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