Skip to content
Nonprofiteer
← BELOIT HISTORICAL SOCIETY

Form 990 for tax year 2023

Filed by BELOIT HISTORICAL SOCIETY.

Totals

Total revenue
$160,593
Total expenses
$176,177
Contributions and grants received
$102,822
Grants paid
$0
Program service revenue
$23,650
Investment income
$38,214
Other revenue
-$4,093
Total assets, end of year
$1,300,230
Total liabilities, end of year
$6,487
Net assets or fund balances, end of year
$1,293,743
Program services expenses (Part IX)
$90,226
Management and general expenses
$69,432
Fundraising expenses
$16,519
Program service expenses (Part III)
$90,226

Program services were 51.2% 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.

  • 1c · Fundraising events

    $5,940

  • 1e · Government grants (contributions)

    $22,482

  • 1f · All other contributions, gifts and grants

    $74,400

  • 1g · Noncash contributions included above

    $467

  • 2a · Program service revenue: MEMBERSHIP SPONSORSHIP

    total $22,495 · related or exempt $22,495

  • 2b · Program service revenue: PROGRAM REVENUE

    total $1,155 · related or exempt $1,155

  • 3 · Investment income

    total $23,934 · excluded $23,934

  • 6a · Gross rents

    real property $225

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $225

  • 6d · Net rental income or loss

    total $225 · excluded $225

  • 7a · Gross sales of assets other than inventory

    securities $41,438

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

    securities $27,158

  • 7c · Gain or loss

    securities $14,280

  • 7d · Net gain or loss

    total $14,280 · excluded $14,280

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $5,940

  • 8b · Fundraising events: direct expenses

    $5,245

  • 8c · Net income from fundraising events

    total -$5,245 · excluded -$5,245

  • 10a · Gross sales of inventory

    $880

  • 10b · Cost of goods sold

    $213

  • 10c · Net income from sales of inventory

    total $667 · related or exempt $667

  • 11d · All other revenue

    total $260 · excluded $260

  • 11e · Other revenue, total

    $260

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $46,000 · program services $13,800 · management and general $23,000 · fundraising $9,200

  • 7 · Other salaries and wages

    total $30,807 · program services $17,504 · management and general $13,303

  • 10 · Payroll taxes

    total $5,876 · program services $2,395 · management and general $2,777 · fundraising $704

  • 11c · Fees: accounting

    total $9,300 · management and general $9,300

  • 11f · Fees: investment management

    total $4,203 · management and general $4,203

  • 11g · Fees: other

    total $5,328 · management and general $5,328

  • 12 · Advertising and promotion

    total $500 · fundraising $500

  • 13 · Office expenses

    total $13,315 · program services $5,349 · management and general $4,169 · fundraising $3,797

  • 14 · Information technology

    total $556 · program services $226 · management and general $263 · fundraising $67

  • 16 · Occupancy

    total $29,099 · program services $24,792 · management and general $3,230 · fundraising $1,077

  • 17 · Travel

    total $652 · program services $266 · management and general $308 · fundraising $78

  • 19 · Conferences, conventions and meetings

    total $556 · program services $226 · management and general $263 · fundraising $67

  • 22 · Depreciation, depletion and amortization

    total $6,920 · program services $5,536 · management and general $1,038 · fundraising $346

  • 23 · Insurance

    total $13,651 · program services $10,920 · management and general $2,048 · fundraising $683

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $8,769 · program services $8,769

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $637 · program services $443 · management and general $194

  • 24e · All other expenses

    total $8 · management and general $8

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $709 · end of year $146

  • 2 · Savings and temporary cash investments

    beginning of year $123,177 · end of year $95,723

  • 3 · Pledges and grants receivable

    beginning of year $17,031

  • 8 · Inventories for sale or use

    beginning of year $1,129 · end of year $1,129

  • 9 · Prepaid expenses and deferred charges

    beginning of year $335 · end of year $818

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

    $906,846

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

    $754,486

  • 10c · Land, buildings and equipment, net

    beginning of year $125,187 · end of year $152,360

  • 11 · Investments: publicly traded securities

    beginning of year $802,746 · end of year $872,001

  • 12 · Investments: other securities

    beginning of year $87,555 · end of year $106,908

  • 15 · Other assets

    beginning of year $64,779 · end of year $71,145

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,731 · end of year $6,487

  • 27 · Net assets without donor restrictions

    beginning of year $857,140 · end of year $936,463

  • 28 · Net assets with donor restrictions

    beginning of year $349,777 · end of year $357,280

Mission and programs · 2023

Mission

THE MISSION OF THE BELOIT HISTORICAL SOCIETY IS: CONNECTING PEOPLE WITH BELOIT'S HISTORY TO INSPIRE AN INCLUSIVE, INFORMED, AND ENGAGED COMMUNITY.

Activities or mission (Part I)

TO COLLECT AND PRESERVE THE ARCHAEOLOGY, BUILDINGS, RECORDS AND OBJECTS RELATING TO THE HISTORY OF THE CITY OF BELOIT AND ITS SURROUNDING AREA.

  • PROGRAM SERVICES INCLUDE THE OPERATION AND RESTORATION OF THE HANCHETT-BARTLETT HOMESTEAD AND MUSEUM, PROVIDING EXHIBITS OF LOCAL HISTORICAL VALUE AND PROGRAMS FOR THE PUBLIC REGARDING LOCAL HISTORICAL EVENTS, MAINTAINING ARCHIVES, AND PROVIDING HISTORICAL PRESERVATION CONSULTATION. OUR MAJOR PROGRAM OF SERVICE IS PUBLIC EDUCATION. THIS IS MAINLY ACCOMPLISHED THROUGH EXHIBITS AT THE LINCOLN CENTER WHERE WE HAVE A ROTATING SERIES OF SMALL EXHIBITS DURING THE YEAR. WE ALSO HAVE ANNUAL PROGRAMS THAT FEATURE HISTORICAL TOPICS THAT ARE AVAILABLE TO THE SOCIETY MEMBERSHIP AND GENERAL PUBLIC. IN ADDITION, HOUSED IN THE LINCOLN CENTER IS THE SPORTS HALL OF FAME AND THE BELOIT HISTORICAL SOCIETY HALL OF FAME WHICH RECOGNIZE SIGNIFICANT CONTRIBUTIONS FROM INDIVIDUALS TO THE CITY OF BELOIT. A SECOND MAJOR PROGRAM IS THE CARE AND HOUSING OF OUR COLLECTIONS AT OUR HEADQUARTERS BUILDING LINCOLN CENTER. THESE COLLECTIONS OF OBJECTS, BOOKS, PAPERS, ETC. FORM THE FOUNDATION OF ALL OTHER SERVICES AND PROGRAMMING WE PROVIDE. WE HANDLE HUNDREDS OF RESEARCH REQUESTS FOR GENEALOGICAL AND HISTORICAL INFORMATION. OUR PHOTOGRAPHIC COLLECTIONS ARE USED WIDELY BY LOCAL BUSINESSES AND THE GENERAL PUBLIC. A THIRD MAJOR PROGRAM SERVICE IS THE MAINTENANCE AND CARE OF THE NATIONAL REGISTER OF HISTORICAL PLACES LISTED HANCHETT-BARTLETT HOMESTEAD.

    Expenses $90,226 · Revenue $24,317

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Dexter

    PRESIDENT

    Total calculated
    $0
    Hours/week
    8

  • Jackie Jackson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Richard Gerhard

    TREASURER (THRU JULY)/DIRECTOR (BEG AUG)

    Total calculated
    $0
    Hours/week
    2

  • Tom Larsen

    DIRECTOR (THRU JULY)/TREASURER (BEG AUG)

    Total calculated
    $0
    Hours/week
    3

  • Ellen Joyce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Betsy Schmiechen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mark Preuschl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Robert Blakely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Donna Langford

    EXECUTIVE DIRECTOR/SECRETARY

    Total calculated
    $46,000
    From this org
    $46,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    42

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
2023
Filed
9 September 2024
IRS schema version
2023v5.1
Source object
202422539349300732

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.