Overview
What is Indiana Historical Society?
The Indiana Historical Society, established in 1830, serves as Indiana's historical narrative weaver. Acting as a private, nonprofit membership organization, it collects, preserves, and shares the state's history. The society maintains the nation's leading research library and archives on Indiana and the Old Northwest, and presents a variety of visitor experiences called the Indiana Experience. These experiences include immersive spaces, festivals, and events like Circus Day. The society also extends support and assistance to local museums and historical groups, publishes books and periodicals, organizes teacher workshops, hosts art exhibitions, and provides youth, adult, and family programs. It's an affiliate of the Smithsonian and a member of the International Coalition of Sites of Conscience. Located in Indianapolis, the Indiana Historical Society welcomed 26,370 visitors, including 1,623 schoolchildren, in its recent efforts. The organization is staffed by 143 dedicated individuals.
Official website here: www.indianahistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%
The Indiana Historical Society has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong overall performance with a score of 91%. This high rating indicates robust accountability and financial health, showcasing a commitment to transparency and ethical practices. Notably, the organization has achieved perfect scores in key governance areas, including having an entirely independent board and thorough audit oversight.
Strengths of the Indiana Historical Society include its significant program expense ratio of 76.86%, indicating that a large portion of its expenditures goes directly to its mission-driven programs. Additionally, the organization has demonstrated excellent financial stability, with a low liabilities to assets ratio of 8.44% and a remarkable working capital ratio of 12.23 years, suggesting it is well-positioned to meet its long-term obligations.
However, one area for improvement is the fundraising efficiency ratio, which stands at $0.35. This figure indicates that for every dollar raised, a smaller portion is retained for programmatic use compared to some peers. Overall, while the Indiana Historical Society exhibits strong governance and financial practices, enhancing fundraising efficiency could further bolster its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana Historical Society legitimate?
Indiana Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana 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: $842,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,973,581
For more financial information, click here
Official website here: www.indianahistory.org
What is the mission statement of Indiana Historical Society?
The Indiana Historical Society, established since 1830, serves as Indiana's historical narrator, bridging the past and present by gathering, safeguarding, and disseminating the state's history. As a private, nonprofit organization, it maintains the nation's foremost research library and archives on Indiana and the Old Northwest. The society offers a unique set of visitor experiences known as the Indiana Experience and provides support to local museums and historical groups. It publishes books and periodicals, sponsors teacher workshops, hosts art exhibitions, museum theater, and outside performance groups, and offers youth, adult, and family programs. The Indiana Historical Society, being a Smithsonian affiliate and a member of the International Coalition of Sites of Conscience, interprets and disseminates historical information, preserving it for future generations.
Official website here: www.indianahistory.org
Who is the CEO of Indiana Historical Society?
Jeffery Matsuoka is the Chair of Indiana Historical Society. The CEO's salary of Indiana Historical Society is $252,903 and their total compensation is $298,349.
Official website here: www.indianahistory.org
What is the revenue of Indiana Historical Society?
Indiana Historical Society's revenue in 2022 was $4,528,087.
Official website here: www.indianahistory.org
Who are the executives of Indiana Historical Society and what are their salaries?
The average compensation at Indiana Historical Society during 2022 was $26,684. There are 143 employees and 350 volunteers at Indiana Historical Society.
Here are 32 key members and their salaries (Indiana Historical Society's CEO's salary is $252,903 and their total compensation is $298,349):
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Official website here: www.indianahistory.org
Where can I find the form 990 for Indiana Historical Society?
Indiana Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indianahistory.org
Learn more at the official website: www.indianahistory.org
Mission Statement of Indiana Historical Society
The Indiana Historical Society, established since 1830, serves as a storyteller of Indiana's past. This nonprofit organization connects people with history by collecting, preserving, and sharing the state's heritage. It maintains the nation's premier research library and archives on Indiana and the Old Northwest's history. The Indiana Historical Society also provides a unique set of visitor experiences called the Indiana Experience, supporting and assisting local museums and historical groups. Additionally, it publishes books and periodicals, sponsors teacher workshops, hosts art exhibitions, museum theater, and outside performance groups, and offers youth, adult, and family programs. The organization is affiliated with the Smithsonian and a member of the International Coalition of Sites of Conscience.
Alternatively, since its inception in 1831, the Indiana Historical Society has been dedicated to connecting people with their past. As a nonprofit membership organization, its mission involves the collection, preservation, interpretation, and dissemination of Indiana's history. The Society also publishes books and periodicals, sponsors teacher workshops, and offers a variety of youth, adult, and family programs. Furthermore, it provides support and assistance to local museums and historical groups, and its research library and archives are considered the nation's premier resource on the history of Indiana and the Old Northwest. The Indiana Historical Society is affiliated with the Smithsonian and is a member of the International Coalition of Sites of Conscience.
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Impact
October, 2024
The Indiana Historical Society plays a vital role in preserving and sharing the rich tapestry of Indiana's history, connecting individuals and communities to their past. Since 1830, it has established itself as a leading storyteller, amassing a vast collection of historical artifacts, documents, and records that reflect the state's heritage.
Central to its impact is the Indiana Experience, which offers engaging visitor experiences that make history accessible and enjoyable. Through initiatives like the "You Are There" experience, combined with various events such as the Festival of Trees and Circus Day, the Society creates immersive environments that attract diverse audiences, including schoolchildren, families, and history enthusiasts.
The Society not only serves the public through educational programming and exhibitions but also supports local museums and historical groups, fostering a collaborative network dedicated to celebrating and preserving regional history. Its research library and archives are recognized as premier resources, aiding scholars, educators, and the curious alike.
Moreover, the Indiana Historical Society enhances community engagement through workshops for teachers, publications of books and periodicals, and programming tailored for youth, adults, and families. By functioning as a Smithsonian affiliate and being part of the International Coalition of Sites of Conscience, it also positions Indiana's history within a broader national and global context.
Overall, the Indiana Historical Society's impact extends beyond mere preservation; it actively cultivates a deeper understanding and appreciation of Indiana's past, encouraging future generations to learn from and be inspired by their heritage.
This information is meant to be a general summary of Indiana 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: $1,852,294
- Program Service Revenue: $690,823
- Gross Receipts: $72,486,376
Assets and Liabilities:
- Total Assets: $130,837,844
- Total Liabilities: $11,042,733
- Net Assets: $119,795,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETAIL SALES
Revenue
$269,469
ADMISSIONS & TICKET REVENUE
Revenue
$241,808
EVENT REVENUE
Revenue
$96,491
CONFERENCE, MEETING & WORKSHOP RE
Revenue
$49,241
MICROFILM AND VISUAL COLLECTION I
Revenue
$17,584
Organization Details
Founding Year
1831
Phone
(317) 232-1882Principal Officer
Jeffery Matsuoka
Main Address
450 WEST OHIO STREET, INDIANAPOLIS, IN, 462023269
Website
www.indianahistory.orgNTEE Category
Code: A800 - Arts
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