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Nonprofiteer
← BRISTOL BAY HISTORICAL SOCIETY INC

Form 990 for tax year 2024

Filed by BRISTOL BAY HISTORICAL SOCIETY INC.

Totals

Total revenue
$219,598
Total expenses
$221,429
Contributions and grants received
$151,163
Grants paid
$0
Program service revenue
$16,257
Investment income
-$3,493
Other revenue
$55,671
Total assets, end of year
$293,369
Total liabilities, end of year
$26,206
Net assets or fund balances, end of year
$267,163
Program services expenses (Part IX)
$211,313
Management and general expenses
$10,116
Fundraising expenses
$0
Program service expenses (Part III)
$211,313

Program services were 95.4% 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.

  • 1e · Government grants (contributions)

    $58,720

  • 1f · All other contributions, gifts and grants

    $92,443

  • 2a · Program service revenue: Membership Dues & Assessments

    total $16,257 · related or exempt $16,257

  • 3 · Investment income

    total $7 · excluded $7

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

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

    other assets $3,500

  • 7c · Gain or loss

    other assets -$3,500

  • 7d · Net gain or loss

    total -$3,500 · excluded -$3,500

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $362,338

  • 9b · Gaming: direct expenses

    $312,240

  • 9c · Net income from gaming

    total $50,098 · unrelated business $50,098

  • 10a · Gross sales of inventory

    $10,494

  • 10b · Cost of goods sold

    $4,921

  • 10c · Net income from sales of inventory

    total $5,573 · related or exempt $5,573

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $80,690 · program services $80,690

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $46,064 · program services $46,064

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $10,484 · program services $10,484

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $2,636 · management and general $2,636

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $1,050 · management and general $1,050

  • 13 · Office expenses

    total $5,997 · program services $5,997

  • 14 · Information technology

    total $6,200 · management and general $6,200

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $18,757 · program services $18,757

  • 17 · Travel

    total $492 · program services $492

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,197 · program services $1,197

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $3,334 · program services $3,334

  • 24a · Other expenses: Boat Storage

    total $19,500 · program services $19,500

  • 24b · Other expenses: Collection Expense

    total $14,850 · program services $14,850

  • 24c · Other expenses: Wooden Boats

    total $3,951 · program services $3,951

  • 24d · Other expenses: Event Expense

    total $2,563 · program services $2,563

  • 24e · All other expenses

    total $3,664 · program services $3,434 · management and general $230

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $34,085 · end of year $40,098

  • 2 · Savings and temporary cash investments

    beginning of year $68,080 · end of year $53,087

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

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

    $180,021

  • 10c · Land, buildings and equipment, net

    beginning of year $170,607 · end of year $180,021

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $20,163 · end of year $20,163

  • 23 · Secured mortgages and notes payable

    beginning of year $20,000 · end of year $20,000

  • 25 · Other liabilities

    beginning of year $3,941 · end of year $6,206

  • 31 · Retained earnings, endowment or other funds

    beginning of year $268,994 · end of year $267,163

Mission and programs · 2024

Mission

To collect, preserve, research, and share educational experiences of the Indigenous cultural lifeways and maritime heritage of Bristol Bay.

  • Bristol Bay Historical Society, Inc, accomplishes it's goals by hosting events and exhibitions that showcase the diversity of Bristol Bay's people, traditions, natural resources, and industries while offering immersive experiences that connect visitors and industry participants with the cultural and natural richness of the Bristol Bay watershed. In 2024, the Society offered free admission to 2,200 visotrs that experienced events and exhibitions.The society also engages in collecting, preserving, and archiving the artifacts, photographs, documents, and oral histories that chronicle local maritime heritage and indigenous cultural lifeways of Bristol Bay.Finally the society serves the community by ensuring that historic icons like the A.R. Davey General Merchandise building, Libby 76, and Alaska Packers Association Diamond O Warehouse are documented and formally recognized to ensure that the community, traditions, resources, and industries of Bristol Bay are preserved for future generations.

    Expenses $211,313 · Revenue $21,830

As filed on the 2024 return.

Listed in Part VII

  • LaRece Egli

    Executive Dir.

    Total calculated
    $80,690
    From this org
    $80,690
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Fred Anderson

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • David Lax

    President

    Total calculated
    $0
    Hours/week
    1
  • George Tibbetts

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Tom Ferrazzi

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Trish Brackebush

    Director

    Total calculated
    $0
    Hours/week
    1

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
11 November 2025
IRS schema version
2024v5.2
Source object
202533159349306768

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