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Living History Farms Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 426127198 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Living History Farms Foundation?

Living History Farms Foundation is a nonprofit organization situated in Des Moines, Iowa, specifically at 2600 NW 111TH STREET. This organization operates as an open-air museum, spanning over 500 acres, dedicated to showcasing the agricultural and rural life history of the Midwest. The foundation's mission is to connect people with the stories of Midwestern rural heritage through interactive experiences. The team at Living History Farms recreates daily routines of early Iowans, providing visitors with a unique insight into the past. With a staff of 57 individuals, the foundation continues to educate and engage the public in the rich history of the Midwest.


Official website here: www.lhf.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating).

The Living History Farms Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The foundation scored a perfect 100% in several key areas, including having a majority independent board and robust financial oversight mechanisms. Such scores highlight the organization's transparent operations, effective governance, and prudent management of resources.

Strengths of the Living History Farms Foundation include its high program expense ratio of 64.16%, which indicates a significant portion of its budget is dedicated to programs rather than administrative costs. Additionally, the foundation demonstrates excellent fundraising efficiency, raising $0.87 for every dollar spent on fundraising activities. This efficiency, combined with a working capital ratio of 7.52 years, suggests that the organization is in a stable financial position to support its ongoing initiatives.

However, while the foundation's overall financial health is commendable, there is still room for improvement in the program expense ratio. Scoring 18 out of 25 in this area suggests that a higher proportion of funds could be directed towards programmatic activities. Overall, the Living History Farms Foundation stands out for its governance and financial integrity, making it a trustworthy choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Living History Farms Foundation legitimate?

Living History Farms Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living History Farms Foundation 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: $278,145
Professional Fundraising Fees: $0
Other Salaries and Wages: $957,854

For more financial information, click here


Official website here: www.lhf.org

What is the mission statement of Living History Farms Foundation?

The Living History Farms Foundation, an outdoor history museum, serves to educate and connect individuals with the diverse stories of Midwestern rural heritage. Through interactive exhibits, the foundation aims to provide a platform where people can immerse themselves in the daily routines of early Iowans, offering insights into the history of Midwestern agriculture and rural life. The mission of Living History Farms is to preserve and share these historical narratives, fostering a deeper understanding and appreciation for the region's rich past.


Official website here: www.lhf.org

Who is the CEO of Living History Farms Foundation?

Ruth Haus is the Chair of Living History Farms Foundation. The CEO's salary of Living History Farms Foundation is $165,666 and their total compensation is $172,162.


Official website here: www.lhf.org

What is the revenue of Living History Farms Foundation?

Living History Farms Foundation's revenue in 2022 was $3,488,331.


Official website here: www.lhf.org

Who are the executives of Living History Farms Foundation and what are their salaries?

The average compensation at Living History Farms Foundation during 2022 was $21,684. There are 57 employees and 917 volunteers at Living History Farms Foundation.


Here are 16 key members and their salaries (Living History Farms Foundation's CEO's salary is $165,666 and their total compensation is $172,162):


Riaan Van Dyk (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Owenson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hannah (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Herbold-Swalwell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Aldridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stephen Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Staci Harper Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bubeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Kirstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Geilenfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Ingram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Alberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Asplund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Haus (Ceo)
  • Compensation: $165,666
  • Related: $0
  • Other: $6,496
Kasey Bunce (Finance Director)
  • Compensation: $100,574
  • Related: $0
  • Other: $5,409


Official website here: www.lhf.org

Where can I find the form 990 for Living History Farms Foundation?

Living History Farms Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lhf.org

Learn more at the official website: www.lhf.org

Mission Statement of Living History Farms Foundation

Living History Farms Foundation is an interactive outdoor history museum that serves as a bridge connecting people to the rich stories of Midwestern rural heritage. The organization's mission is to educate and engage all individuals in the diverse narratives of Midwestern agricultural and rural life, through the recreation of daily routines of early Iowans. By immersing visitors in a 500-acre open-air setting, Living History Farms Foundation invites everyone to step back in time and experience the past in a vivid and engaging manner.

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Impact




July, 2024

Living History Farms Foundation's impact lies in its ability to connect people to the stories of the Midwestern rural heritage through an interactive outdoor history museum. By recreating the daily routines of early Iowans and displaying the history of Midwestern agriculture and rural life on its 500-acre open-air museum, Living History Farms Foundation educates and connects all peoples to the rich heritage of the region. Through its activities and exhibits, this organization plays a crucial role in preserving and sharing the history of the Midwest, enriching the cultural understanding of visitors, and fostering a sense of connection to the past.




This information is meant to be a general summary of Living History Farms Foundation. 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.

Revenue
$3,488,331 (2022)
Expenses
$2,542,090 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $693,258
  • Program Service Revenue: $990,977
  • Gross Receipts: $8,998,337

Assets and Liabilities:

  • Total Assets: $16,358,279
  • Total Liabilities: $400,261
  • Net Assets: $15,958,018

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS

Revenue

$492,288

EDUCATIONAL PROGRAMS

Revenue

$252,829

SPECIAL EVENTS

Revenue

$87,114

COMMUNITY EVENTS

Revenue

$79,337

HISTORIC FOOD-WAYS

Revenue

$69,071

Organization Details

Founding Year

1967

Principal Officer

Ruth Haus

Main Address

2600 NW 111TH STREET, DES MOINES, IA, 50322

NTEE Category

Code: A540 - Arts

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