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Nonprofiteer
← CEDAR FALLS IOWA HISTORICAL SOCIETY

Form 990 for tax year 2024

Filed by CEDAR FALLS IOWA HISTORICAL SOCIETY.

Totals

Total revenue
$460,163
Total expenses
$353,092
Contributions and grants received
$244,582
Grants paid
$0
Program service revenue
$66,760
Investment income
$145,079
Other revenue
$3,742
Total assets, end of year
$4,490,302
Total liabilities, end of year
$377,339
Net assets or fund balances, end of year
$4,112,963
Program services expenses (Part IX)
$313,067
Management and general expenses
$40,025
Fundraising expenses
$0
Program service expenses (Part III)
$313,067

Program services were 88.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $17,724

  • 1e · Government grants (contributions)

    $4,250

  • 1f · All other contributions, gifts and grants

    $222,608

  • 2a · Program service revenue: BUS TOURS

    total $53,810 · related or exempt $53,810

  • 2b · Program service revenue: SUMMER SCHOOL

    total $7,538 · related or exempt $7,538

  • 2c · Program service revenue: ADMISSION FEES

    total $2,740 · related or exempt $2,740

  • 2d · Program service revenue: EDUCATIONAL PROGRAMS

    total $2,672 · related or exempt $2,672

  • 3 · Investment income

    total $113,585 · related or exempt $113,585

  • 7a · Gross sales of assets other than inventory

    securities $831,720

  • 7b · Less cost or other basis and sales expenses

    securities $800,226

  • 7c · Gain or loss

    securities $31,494

  • 7d · Net gain or loss

    total $31,494 · related or exempt $31,494

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $2,117 · related or exempt $2,117

  • 11b · Other revenue: GIFT SHOP SALES

    total $1,185 · related or exempt $1,185

  • 11c · Other revenue: RENT INCOME

    total $375 · related or exempt $375

  • 11d · All other revenue

    total $65 · related or exempt $65

  • 11e · Other revenue, total

    $3,742

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $51,393 · program services $41,114 · management and general $10,279

  • 7 · Other salaries and wages

    total $45,733 · program services $45,733

  • 9 · Other employee benefits

    total $9,899 · program services $7,919 · management and general $1,980

  • 10 · Payroll taxes

    total $7,430 · program services $5,944 · management and general $1,486

  • 11c · Fees: accounting

    total $8,659 · management and general $8,659

  • 11f · Fees: investment management

    total $17,621 · management and general $17,621

  • 12 · Advertising and promotion

    total $2,389 · program services $2,389

  • 13 · Office expenses

    total $715 · program services $715

  • 16 · Occupancy

    total $17,142 · program services $17,142

  • 17 · Travel

    total $184 · program services $184

  • 20 · Interest

    total $23,187 · program services $23,187

  • 22 · Depreciation, depletion and amortization

    total $33,654 · program services $33,654

  • 23 · Insurance

    total $15,412 · program services $15,412

  • 24a · Other expenses: COST OF BUS TOURS

    total $56,019 · program services $56,019

  • 24b · Other expenses: FUNDRAISING EXPENSE

    total $20,209 · program services $20,209

  • 24c · Other expenses: GRANT EXPENSES

    total $7,700 · program services $7,700

  • 24d · Other expenses: SUPPLIES

    total $5,898 · program services $5,898

  • 24e · All other expenses

    total $29,848 · program services $29,848

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $274 · end of year $275

  • 2 · Savings and temporary cash investments

    beginning of year $861,533 · end of year $624,031

  • 8 · Inventories for sale or use

    beginning of year $2,000 · end of year $2,000

  • 10a · Land, buildings and equipment: cost or other basis

    $2,943,916

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,377,360

  • 10c · Land, buildings and equipment, net

    beginning of year $872,129 · end of year $1,566,556

  • 11 · Investments: publicly traded securities

    beginning of year $2,647,386 · end of year $2,297,440

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,430 · end of year $2,339

  • 23 · Secured mortgages and notes payable

    beginning of year $375,000 · end of year $375,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,005,892 · end of year $4,112,963

Mission and programs · 2024

Mission

ENGAGING THE COMMUNITY IN THE PRESERVATION, EDUCATION AND CELEBRATION OF OUR HERITAGE.

  • LITTLE RED SCHOOL HOUSE - PROVIDE A SUMMER SCHOOL EXPERIENCE FOR APPROXIMATELY 100 ELEMENTARY AGED STUDENTS. SCHOOL SETTING IS SIMILAR TO A ONE ROOM SCHOOL HOUSE.

    Expenses $3,557 · Revenue $7,538

  • BUS TOURS - PROVIDE GUIDED BUS TOURS OF REGIONAL HISTORIC LOCATIONS.

    Expenses $56,019 · Revenue $53,810

  • MUSEUM OPERATIONS - OPERATING 4 PHYSICAL LOCATIONS AS MUSEUMS. MUSEUMS ARE OPEN AT VARIOUS TIMES FOR PUBLIC TOURS. AN ADMISSION FEE IS CHARGED FOR THE ICE HOUSE MUSEUM. OUR OTHER MUSEUM LOCATIONS DO NOT CHARGE AN ADMISSION FEE.

    Expenses $253,491

As filed on the 2024 return.

Listed in Part VII

  • Michael Brannon

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • Dorinda Pounds

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Darrin Gillett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Helen Pearce

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • Kate Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Amy Forhardt-Schafer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Gretchen Gould

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Chris Congdon

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Teresa Carr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Julie Book

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Becky Diani

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Noreen Hermansen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Mardy Holst

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Carrie Eilderts

    EXECUTIVE DIRECTOR

    Total calculated
    $51,393
    From this org
    $51,393
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513219349302121

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