Overview
What is The Great Lakes Historical Society?
The Great Lakes Historical Society is a nonprofit organization headquartered in Toledo, Ohio, specifically at 1701 Front Street, with a committed workforce of 18 individuals. Their primary mission is to preserve the rich history of the Great Lakes, achieving this through various means. The society operates the National Museum of the Great Lakes, which houses artifacts and exhibits showcasing the unique history of these vast water bodies. The organization also boasts a Maritime Research Library, a valuable resource for scholars and enthusiasts alike, offering a wealth of information on the subject. The society hosts events and publishes materials, such as its quarterly Inland Seas Journal, to engage the public and share knowledge about the Great Lakes. One of their notable projects includes the restoration of a freighter, now a part of their new museum. The Great Lakes Historical Society's contributions to research, education, and public engagement help to keep the heritage of the Great Lakes alive and thriving.
What are the reviews and ratings of this charity?
Charity Navigator rates The Great Lakes Historical Society with a score of 78%, giving it a Three-Star out of Four Star rating. This score reflects its good performance in accountability and finance, indicating that the organization maintains strong standards in governance and financial practices, including a fully independent board and effective conflict of interest policies.
The organization demonstrates exceptional financial management with perfect scores in several areas, such as material diversion of assets, liabilities to assets ratio, and fundraising efficiency. These strengths highlight its commitment to responsible stewardship of resources, ensuring that funds are utilized effectively.
However, there is a notable area for improvement regarding the program expense ratio, which received a lower score. This could suggest that a smaller portion of its budget is directed towards its mission-related activities compared to its administrative expenses, a factor that potential donors may consider when evaluating its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Great Lakes Historical Society legitimate?
The Great Lakes Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Great Lakes 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: $137,194
Professional Fundraising Fees: $42,000
Other Salaries and Wages: $424,448
For more financial information, click here
What is the mission statement of The Great Lakes Historical Society?
The Great Lakes Historical Society is committed to preserving the history of the Great Lakes. As part of its mission, the organization operates the National Museum of the Great Lakes and the Clarence S. Metcalf Maritime Research Library. The museum, located in Toledo, Ohio, houses artifacts and exhibits that showcase the history of the Great Lakes. The society educates the public through its library, events, and publications, such as its quarterly journal, Inland Seas. Notably, the museum includes a renovated freighter as part of its new exhibits.
What is the revenue of The Great Lakes Historical Society?
The Great Lakes Historical Society's revenue in 2023 was $2,410,271.
Who are the executives of The Great Lakes Historical Society and what are their salaries?
The average compensation at The Great Lakes Historical Society during 2023 was $25,529. There are 22 employees and 205 volunteers at The Great Lakes Historical Society.
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- Other: $13,822
Where can I find the form 990 for The Great Lakes Historical Society?
The Great Lakes Historical Society's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Great Lakes Historical Society
The Great Lakes Historical Society, a dedicated organization, is committed to the preservation of Great Lakes history. Its primary mission is to safeguard and celebrate the rich heritage associated with these vast bodies of water. To accomplish this, the society operates the National Museum of the Great Lakes, which serves as a hub for artifacts and exhibits that provide insight into the Great Lakes' past. Additionally, the society boasts the Clarence S. Metcalf Maritime Research Library, a resource that educates the public through its extensive collection of materials related to the Great Lakes' maritime history. Furthermore, the society engages with the community through events, publications such as its quarterly journal, Inland Seas, and the renovation of a freighter as part of the new museum, offering a holistic approach to preserving and sharing Great Lakes history.
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Impact
October, 2024
The Great Lakes Historical Society plays a vital role in preserving and promoting the history of the Great Lakes region. By operating the National Museum of the Great Lakes in Toledo, Ohio, it curates an extensive collection of artifacts and exhibits that capture the rich maritime heritage of the area. The museum not only showcases historical items but also includes a renovated freighter, providing visitors with a tangible connection to the region's shipping history.
In addition to its museum, the Society offers educational opportunities through the Clarence S. Metcalf Maritime Research Library, which serves as a valuable resource for researchers and the public alike. Its quarterly publication, Inland Seas Journal, and various events further enhance community engagement and disseminate knowledge about Great Lakes history.
The Society's efforts contribute significantly to cultural preservation and education, ensuring that the stories and achievements of the Great Lakes region are recognized and appreciated by current and future generations. Through its multifaceted approach, it fosters a deeper understanding of the importance of the Great Lakes in shaping local and national narratives.
This information is meant to be a general summary of The Great Lakes 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 2023.
- Investment Income: $146,648
- Program Service Revenue: $246,364
- Gross Receipts: $2,788,501
Assets and Liabilities:
- Total Assets: $11,521,908
- Total Liabilities: $427,403
- Net Assets: $11,094,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION FEES
Revenue
$246,364
Organization Details
Founding Year
1953
Principal Officer
Christopher Gillcrist
NTEE Category
Code: A54 - Arts
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