Overview
What is Kossuth County Agricultural & Motor Sports Museum?
The Kossuth County Agricultural & Motor Sports Museum is a nonprofit institution situated in Algona, Iowa. Its primary objective is to educate and entertain visitors by showcasing an agricultural, motor sports, and model train museum. The museum acknowledges the significant impact agriculture has had on Kossuth County's history and future, and it aims to prepare future generations for careers in this field. Motor sports are also a prominent part of the local culture, serving as a source of entertainment and financial stimulus for businesses. The museum houses the Arlen Benschter Model Train Collection, a large, working model train exhibit that promises enjoyment for both locals and tourists. The museum aims to coordinate with other county attractions to promote family entertainment and tourism, ultimately benefiting the local economy.
Official website here: www.kossuthmuseum.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Kossuth County Agricultural & Motor Sports Museum has received a Three-Star rating, indicating a fair performance in its accountability and finance practices. The museum scored 76% overall, with a strong emphasis on its governance structure, as evidenced by having a fully independent board consisting of 12 members. The organization has effectively managed its financial resources, showing a 0% liability to assets ratio and a commendable program expense ratio of nearly 80%.
However, there are notable areas for improvement. The organization lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which received zero points in their respective evaluations. While the museum maintains transparency through the availability of meeting minutes and tax documents, the absence of these policies could pose risks to its governance and operational integrity.
Overall, while the Kossuth County Agricultural & Motor Sports Museum demonstrates solid financial health and a robust board structure, strengthening its policy framework is essential for enhancing its accountability and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Kossuth County Agricultural & Motor Sports Museum legitimate?
Kossuth County Agricultural & Motor Sports Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kossuth County Agricultural & Motor Sports Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kossuthmuseum.com
What is the mission statement of Kossuth County Agricultural & Motor Sports Museum?
The Kossuth County Agricultural & Motor Sports Museum has been established to operate an agricultural, motor sports, and model train museum. The museum aims to educate individuals about the impact of agriculture on the community's history and future, and to prepare future careers in this field. Agriculture has significantly influenced the employment sector in Kossuth County and continues to play a crucial role.
Motor sports, being a beloved pastime for many residents, has also contributed positively to local businesses. The museum recognizes and celebrates this county tradition, offering both rewarding experiences and valuable education for all. Furthermore, the Arlen Benschoter Model Train Collection, a substantial and working exhibit, is a significant treasure housed within the museum.
Official website here: www.kossuthmuseum.com
Who is the CEO of Kossuth County Agricultural & Motor Sports Museum?
Donald Heupel is the Director of Kossuth County Agricultural & Motor Sports Museum.
Official website here: www.kossuthmuseum.com
What is the revenue of Kossuth County Agricultural & Motor Sports Museum?
Kossuth County Agricultural & Motor Sports Museum's revenue in 2022 was $774,905.
Official website here: www.kossuthmuseum.com
Who are the executives of Kossuth County Agricultural & Motor Sports Museum and what are their salaries?
There 12 volunteers at Kossuth County Agricultural & Motor Sports Museum.
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Official website here: www.kossuthmuseum.com
Where can I find the form 990 for Kossuth County Agricultural & Motor Sports Museum?
Kossuth County Agricultural & Motor Sports Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kossuthmuseum.com
Learn more at the official website: www.kossuthmuseum.com
Mission Statement of Kossuth County Agricultural & Motor Sports Museum
The Kossuth County Agricultural & Motor Sports Museum, in its mission, has constructed and operates an agricultural, motor sports, and model train museum. Recognizing the significant impact of agriculture on the community's history and future, as well as its role in employment, this museum serves as a vital educational resource. By showcasing the evolution of agriculture and preparing future generations for careers in the field, the museum aims to preserve and honor its agricultural heritage. Moreover, the museum acknowledges the love and entertainment that motor sports bring to Kossuth County residents, recognizing the financial boost it provides to local businesses. The Arlen Benschoter Model Train Collection, a large, working treasure, is another highlight of the museum, offering a rewarding and educational experience for visitors.
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Impact
October, 2024
The Kossuth County Agricultural & Motor Sports Museum plays a vital role in preserving the rich agricultural and motor sports heritage of Kossuth County. By showcasing the significant impact of agriculture on the community, the museum educates visitors about its historical importance and evolving practices. This not only honors the past but also prepares future generations for careers in agriculture, an industry central to the local economy.
Moreover, the museum highlights motor sports as an integral part of life in Kossuth County, providing entertainment and enjoyment to many residents. This recognition of motor sports not only uplifts community traditions but also serves as a catalyst for financial growth, benefiting local businesses through increased tourism and engagement.
The Arlen Benschoter Model Train Collection adds another layer of educational and entertainment value, enticing visitors of all ages. This interactive exhibit fosters creativity and nostalgia, further enhancing the museum’s appeal.
In sum, the Kossuth County Agricultural & Motor Sports Museum is a hub of education, entertainment, and economic stimulation, promoting community pride while preparing for a dynamic future in agriculture and motor sports. It fosters collaboration with other local attractions to amplify tourism, benefiting the entire county.
This information is meant to be a general summary of Kossuth County Agricultural & Motor Sports Museum. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $428
- Program Service Revenue: $2,310
- Gross Receipts: $775,285
Assets and Liabilities:
- Total Assets: $1,295,462
- Total Liabilities: $0
- Net Assets: $1,295,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION FEES
Revenue
$2,310
Organization Details
Founding Year
2009
Phone
(515) 341-2904Principal Officer
Donald Heupel
Main Address
800 E FAIR STREET, ALGONA, IA, 50511
Website
www.kossuthmuseum.comNTEE Category
Code: A50 - Arts
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