Overview
What is Lorain Historical Society?
The Lorain Historical Society is a nonprofit organization situated in Lorain, Ohio, specifically at 329 W 10TH STREET. Their primary mission is to preserve the rich history of the city, achieving this through the collection of over 7,000 historical photographs and 4,000 paper files on local events and people. They also operate the Moore House as a "house museum," showcasing its 1920s appearance, and the Carnegie Center, their main exhibit space and administrative offices. By hosting events at both venues and providing regular programs throughout the city, the Lorain Historical Society engages the community and visitors, aiming to preserve and share the city's past. With a team of 7 dedicated individuals, this organization plays a significant role in maintaining the historical legacy of Lorain.
Official website here: www.lorainhistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Lorain Historical Society has achieved an impressive 96% rating from Charity Navigator, which signifies a strong commitment to accountability and finance. This high score is based entirely on its Accountability & Finance metrics, showcasing the organization’s dedication to transparency and responsible management of funds. With a Four-Star rating, the Society demonstrates that it effectively meets the highest standards in nonprofit financial practices.
One of the key strengths of the Lorain Historical Society is its independent board governance, with 100% of board members being independent. This independence fosters unbiased decision-making and strategic oversight. Additionally, the organization maintains a solid financial footing, indicated by a low liabilities to assets ratio of 0.13%, which suggests good financial health and sustainability. The majority of its expenses (69.90%) are allocated directly to its programs, reflecting a strong focus on its mission.
Overall, the Lorain Historical Society excels in its financial practices and governance, making it a trustworthy organization within the nonprofit sector. No significant limitations were noted in the data, indicating a well-managed and accountable organization with a clear commitment to its historical preservation mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lorain Historical Society?
100% of 18 reviewers on Facebook recommend Lorain Historical Society. Here is a summary of their reviews:
Reviewers express high praise for the organization's dedicated staff, highlighting their commitment and extensive knowledge about the history of Lorain. Many found the information provided to be valuable and enriching, indicating that the nonprofit plays an important role in preserving and sharing local history.
Overall, the sentiment is overwhelmingly positive, with individuals appreciating the efforts made by the Lorain Historical Society to educate and engage the community. This reflects a strong satisfaction with the services offered and a belief that the nonprofit is fulfilling its mission effectively.
This AI summary has been generated from reviews found on Facebook.
Is Lorain Historical Society legitimate?
Lorain Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorain Historical Society 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: $74,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lorainhistory.org
What is the mission statement of Lorain Historical Society?
The Lorain Historical Society is established with a mission to safeguard the historical heritage of the city of Lorain. This organization accomplishes this by collecting artifacts, maintaining over 4,000 paper files on local events and individuals, and preserving a vast collection of over 7,000 historical photographs. The society operates the Moore House as a historical museum, showcasing its decor from the 1920s, and the Carnegie Center serves as its primary exhibit space and administrative headquarters. Besides hosting events at both locations, the Lorain Historical Society also provides regular programs at various locations throughout the city throughout the year.
Official website here: www.lorainhistory.org
Who is the CEO of Lorain Historical Society?
Barb Piscopo is the President of Lorain Historical Society.
Official website here: www.lorainhistory.org
What is the revenue of Lorain Historical Society?
Lorain Historical Society's revenue in 2022 was $507,163.
Official website here: www.lorainhistory.org
Who are the executives of Lorain Historical Society and what are their salaries?
The average compensation at Lorain Historical Society during 2022 was $10,571. There are 7 employees and 35 volunteers at Lorain Historical Society.
Here are 16 key members and their salaries:
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Official website here: www.lorainhistory.org
Where can I find the form 990 for Lorain Historical Society?
Lorain Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lorainhistory.org
Learn more at the official website: www.lorainhistory.org
Mission Statement of Lorain Historical Society
The Lorain Historical Society, established with the purpose of safeguarding the city of Lorain's past, plays a significant role in preserving its history. This organization collects a variety of artifacts that provide insights into the city's history, amassing over 4,000 paper files detailing events and people from Lorain. Furthermore, Lorain Historical Society boasts an extensive collection of over 7,000 historical photographs, all contributing to a comprehensive understanding of the city's past.
In addition to its collection efforts, the society operates the Moore House as a "house museum," meticulously arranging it to resemble its appearance during the 1920s, when Mayor Leonard Moore and his family resided there. Moreover, the Lorain Historical Society manages the Carnegie Center as its primary exhibit space and administrative offices. This center serves as a hub for the organization's events, catering to both local residents and visitors to the city. Beyond hosting events at these two locations, the society also conducts regular programs throughout various locations in the city throughout the year.
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Impact
July, 2024
The Lorain Historical Society plays a crucial role in preserving the rich history of the city of Lorain. Through its extensive collection of artifacts, paper files, and historical photographs, the organization ensures that the heritage of Lorain is documented and accessible to the community. Operating the Moore House as a "house museum" allows visitors to experience a glimpse into the past, specifically the 1920s when Mayor Leonard Moore and his family resided there. Additionally, the Carnegie Center serves as a hub for exhibitions and administrative functions, further enhancing the society's impact. By hosting events and programs throughout the city, the Lorain Historical Society actively engages residents and visitors, fostering a deeper appreciation for the city's cultural heritage.
This information is meant to be a general summary of Lorain Historical Society. 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: $35,484
- Program Service Revenue: $8,671
- Gross Receipts: $563,845
Assets and Liabilities:
- Total Assets: $2,786,757
- Total Liabilities: $3,625
- Net Assets: $2,783,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS/PROGRAMS
Revenue
$8,671
Organization Details
Founding Year
1986
Phone
(440) 245-2563Principal Officer
Barb Piscopo
Main Address
329 W 10TH STREET, LORAIN, OH, 44052
Website
www.lorainhistory.orgNTEE Category
Code: A80 - Arts
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