Overview
What is Midwest Old Settlers & Threshers?
Midwest Old Settlers & Threshers is a nonprofit organization situated in Mount Pleasant, Iowa. Their primary focus lies in preserving agricultural heritage by providing year-round and seasonal educational events. This encompasses museum tours, entertainment events, and educational programs, such as the School Tour Program for children in grades 3-5. The organization's most notable event is the Annual Old Thresher Reunion, which is among the largest agricultural shows, featuring steam engines, antique tractors, and various vehicles. The event also includes working demonstrations, steam trains, electric trolleys, and seasonal attractions like Halloween and Christmas light shows. With approximately 34 employees, Midwest Old Settlers & Threshers is dedicated to promoting agricultural heritage through both education and entertainment.
Official website here: www.oldthreshers.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Midwest Old Settlers & Threshers has received a solid rating of 81%, indicating a reliable performance in terms of accountability and finance. The organization boasts a fully independent board consisting of 12 members, which enhances its governance and oversight capabilities. Furthermore, it has demonstrated strong financial health with a low liabilities to assets ratio and a significant proportion of expenses directed toward programs, suggesting an effective use of donor funds.
The charity has also implemented essential policies, such as those for conflict of interest and whistleblowing, which are reflected in its high scores across various evaluative criteria. These strengths contribute to the organization’s credibility and may instill confidence in potential donors and stakeholders. However, while the rating is commendable, potential supporters may want to seek additional insights into the organization's specific programs and overall impact to fully assess its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Old Settlers & Threshers legitimate?
Midwest Old Settlers & Threshers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Old Settlers & Threshers 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: $110,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,473
For more financial information, click here
Official website here: www.oldthreshers.org
What is the mission statement of Midwest Old Settlers & Threshers?
The Midwest Old Settlers & Threshers Association strives to preserve agricultural heritage by combining education and entertainment. They achieve this through the organization of year-round and seasonal educational events, such as museum tours and entertainment events. One of their notable events is the annual Old Thresher Reunion, which is among the largest agricultural shows, showcasing steam engines, antique tractors, vintage cars and trucks, gas engines, horses, working demonstrations, steam trains, and electric trolleys. The educational component also includes a school tour program for children in grades 3-5, while the entertainment events offer seasonal attractions like Halloween and Christmas light displays.
Official website here: www.oldthreshers.org
Who is the CEO of Midwest Old Settlers & Threshers?
Terry Mcwilliams is the Executive Di of Midwest Old Settlers & Threshers.
Official website here: www.oldthreshers.org
What is the revenue of Midwest Old Settlers & Threshers?
Midwest Old Settlers & Threshers's revenue in 2022 was $2,098,531.
Official website here: www.oldthreshers.org
Who are the executives of Midwest Old Settlers & Threshers and what are their salaries?
The average compensation at Midwest Old Settlers & Threshers during 2022 was $10,228. There are 34 employees and 1111 volunteers at Midwest Old Settlers & Threshers.
Here are 13 key members and their salaries:
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Official website here: www.oldthreshers.org
Where can I find the form 990 for Midwest Old Settlers & Threshers?
Midwest Old Settlers & Threshers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oldthreshers.org
Learn more at the official website: www.oldthreshers.org
Mission Statement of Midwest Old Settlers & Threshers
The Midwest Old Settlers & Threshers Association is dedicated to preserving our agricultural heritage through a combination of education and entertainment. They accomplish this mission by organizing various events throughout the year, including educational tours of their museum and seasonal attractions such as Halloween and Christmas light displays. The organization's largest event is the Annual Old Threshers Reunion, which showcases a wide array of agricultural machinery, including steam engines, antique tractors, cars, and trucks. This event also features working demonstrations, steam trains, and electric trolleys, providing an immersive experience that educates visitors about the past and present of agriculture.
In addition to their entertainment events, Midwest Old Settlers & Threshers also offers an educational component for children in grades 3-5 through their School Tour Program. This program provides a hands-on learning experience, allowing children to explore the history of agriculture and its impact on our society. By preserving our agricultural heritage through these educational and entertaining events, Midwest Old Settlers & Threshers is ensuring that future generations will have a deeper understanding and appreciation for the industry's rich past.
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Impact
July, 2024
The Midwest Old Settlers & Threshers Association's impact lies in the preservation of agricultural heritage through education and entertainment. Their year-round and seasonal events, including the annual Old Threshers Reunion, showcase a wide array of agricultural machinery and demonstrations, attracting a large audience. Additionally, through museum tours and educational programs for children, they contribute to the learning and appreciation of the history of agriculture. Their efforts not only entertain but also inform and educate, making a significant contribution to the preservation of this important aspect of our heritage.
This information is meant to be a general summary of Midwest Old Settlers & Threshers. 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: -$86,305
- Program Service Revenue: $1,784,587
- Gross Receipts: $2,142,222
Assets and Liabilities:
- Total Assets: $5,856,814
- Total Liabilities: $190,764
- Net Assets: $5,666,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$910,720
MEMBERSHIP DUES
Revenue
$699,770
COMMISSIONS
Revenue
$174,097
Organization Details
Founding Year
1950
Phone
(319) 385-8937Principal Officer
Terry Mcwilliams
Main Address
405 E THRESHERS RD, MT PLEASANT, IA, 52641
Website
www.oldthreshers.orgNTEE Category
Code: A400 - Arts
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