Overview
What is Iola Historical Society?
The Iola Historical Society is a nonprofit organization situated in Iola, Wisconsin, specifically at PO Box 412. Established with a mission to educate, promote, and preserve historical and cultural artifacts, information, and structures relevant to the local area, the society has made significant strides in this field. They have taken on several projects, such as renovating an old schoolhouse and remodeling a train depot station. The primary goal of the society is to collect and preserve artifacts that reflect the community's history and heritage in Iola, Wisconsin.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates a moderate level of accountability and transparency, which is crucial for donor trust and effective financial management. While the organization does have several strong points, such as a fully independent board and a favorable ratio of liabilities to assets, the overall rating reflects areas needing improvement in governance practices.
The Iola Historical Society has demonstrated its commitment to sound financial practices and maintains a solid program expense ratio. This suggests that a significant portion of their funding is directed toward their mission-related activities. Furthermore, the society successfully documents board meeting minutes and has a complete independent board, showcasing strengths in leadership structure.
However, significant limitations arise from the absence of critical policies, such as a conflict of interest policy and a whistleblower policy, which are essential for ethical governance. Additionally, the lack of a documented website and tax forms on their site raises concerns about transparency and accessibility of information for potential donors and stakeholders. Addressing these gaps could enhance their credibility and improve their overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Iola Historical Society legitimate?
Iola Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iola 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.
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What is the mission statement of Iola Historical Society?
The Iola Historical Society's mission is centered around three key areas: education, promotion, and preservation. Specifically, they aim to educate, promote, and preserve historical and cultural artifacts, information, and structures that are significant to their local community. This encompasses collecting and preserving artifacts related to Iola, Wisconsin, ensuring that the community's history is preserved and passed down for future generations to appreciate.
Who is the CEO of Iola Historical Society?
Cliff Mishler is the President of Iola Historical Society.
What is the revenue of Iola Historical Society?
Iola Historical Society's revenue in 2022 was $39,381.
Who are the executives of Iola Historical Society and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Iola Historical Society?
Iola Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iola Historical Society
The Iola Historical Society is dedicated to furthering the understanding and appreciation of historical and cultural artifacts, information, and structures relevant to its local area. Through its mission, the society strives to educate and promote the preservation of these valuable relics. To achieve this, the organization has taken significant steps, such as constructing an old schoolhouse and refurbishing a train depot station. The Iola Historical Society also actively collects and safeguards artifacts that tell the story of the community of Iola, Wisconsin. By doing so, the organization plays a vital role in preserving the past for future generations to learn from and be inspired by.
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Impact
August, 2024
The Iola Historical Society's impact lies in its dedication to educating, promoting, and preserving historical and cultural artifacts, information, and structures specific to the local area of Iola, WI. Through initiatives like building an old schoolhouse and remodeling the train depot station, the society works tirelessly to collect and preserve artifacts that reflect the rich history and heritage of the community. By doing so, the Iola Historical Society contributes to the preservation of local heritage, fostering a deeper appreciation for the past, and enriching the cultural landscape of the area.
This information is meant to be a general summary of Iola 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: $3
- Gross Receipts: $54,083
Assets and Liabilities:
- Total Assets: $1,017,598
- Total Liabilities: $1,599
- Net Assets: $1,015,999
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Organization Details
Founding Year
1995
Principal Officer
Cliff Mishler
Main Address
PO BOX 412, IOLA, WI, 54945
NTEE Category
Code: A80 - Arts
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