Overview
What is Lac Qui Parle Co Historicalsociety?
The Lac Qui Parle County Historical Society is a nonprofit organization situated in Madison, Minnesota. Their primary mission is to preserve and safeguard the region's history. They achieve this by delving into genealogy, organizing guided tours, and exhibiting a variety of historical artifacts and items of cultural significance, all of which have educational value. Their ultimate goal is to ensure that history remains accessible for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Lac Qui Parle Co Historical Society has received a low rating of 54%, indicating significant concerns regarding its financial transparency and program expenses. While the organization maintains a strong governance structure, evidenced by a fully independent board and comprehensive policies regarding conflicts of interest and whistleblowing, it struggles with financial metrics that are critical to its overall performance.
The strengths of the organization lie in its governance and accountability aspects, achieving perfect scores in areas such as board independence and the presence of essential policies. However, the program expense ratio, at nearly 50%, is considered inadequate for a nonprofit, raising questions about the effectiveness of its spending in relation to its mission.
The liabilities to assets ratio being at 0.00% may suggest financial stability, but without a significant portion of expenses allocated to programs, the overall impact of the organization may be limited. These factors combined contribute to the overall low rating and highlight the importance of improving financial practices to better fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lac Qui Parle Co Historicalsociety legitimate?
Lac Qui Parle Co Historicalsociety is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lac Qui Parle Co Historicalsociety 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: $53,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lac Qui Parle Co Historicalsociety?
The Lac Qui Parle County Historical Society is dedicated to preserving history. They accomplish this by examining genealogy, organizing tours, and showcasing museum collections filled with historically significant cultural and educational artifacts. Their primary objective is to ensure that the historical heritage is accessible for future generations. Their mission is carried out in an effort to safeguard the past for the benefit of future generations.
Who is the CEO of Lac Qui Parle Co Historicalsociety?
Karen Tillbury is the President of Lac Qui Parle Co Historicalsociety.
What is the revenue of Lac Qui Parle Co Historicalsociety?
Lac Qui Parle Co Historicalsociety's revenue in 2023 was $99,901.
Who are the executives of Lac Qui Parle Co Historicalsociety and what are their salaries?
The average compensation at Lac Qui Parle Co Historicalsociety during 2023 was $13,300. There are 4 employees and 10 volunteers at Lac Qui Parle Co Historicalsociety.
Here are 9 key members and their salaries:
- Compensation: $24,565
- Related: $0
- Other: $0
- Compensation: $13,076
- Related: $0
- Other: $0
- Compensation: $11,315
- Related: $0
- Other: $0
- Compensation: $4,246
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lac Qui Parle Co Historicalsociety?
Lac Qui Parle Co Historicalsociety's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lac Qui Parle Co Historicalsociety
Lac Qui Parle County Historical Society, in its mission, strives to preserve history by delving into genealogy, conducting guided tours, and showcasing museum collections. These collections consist of objects that hold cultural and educational value, contributing significantly to our understanding of the past. The society's primary objective is to ensure that the rich historical heritage is accessible for future generations, fostering a sense of continuity and understanding of our shared past. By doing so, Lac Qui Parle County Historical Society plays a vital role in shaping a well-informed and engaged community.
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Impact
October, 2024
Lac Qui Parle County Historical Society significantly impacts its community by preserving and promoting the region's rich history. Through meticulous genealogy research, the society helps individuals connect with their ancestral roots, fostering a deeper appreciation for personal and collective histories. The organization conducts informative tours that engage residents and visitors alike, allowing them to explore the area's historical narratives and cultural heritage firsthand.
Additionally, by curating and exhibiting museum collections, the historical society ensures that objects of historical, cultural, and educational value are accessible to the public. This not only preserves these artifacts for future generations but also educates the community about its past, enriching the understanding of local identity and traditions. Located in Madison, MN, the Lac Qui Parle County Historical Society plays a vital role in keeping history alive, allowing it to inform and inspire future generations.
This information is meant to be a general summary of Lac Qui Parle Co Historicalsociety. 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: $10,734
- Gross Receipts: $99,901
Assets and Liabilities:
- Total Assets: $651,310
- Total Liabilities: $0
- Net Assets: $651,310
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Organization Details
Founding Year
1962
Principal Officer
Karen Tillbury
Main Address
250 8th Ave South, Madison, MN, 56256
NTEE Category
Code: A80 - Arts
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