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Prairie Historical Society Inc

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

EIN: 466017308 ✦ Madison, SD ✦ Designated as a 501(c)(3)

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Overview

What is Prairie Historical Society Inc?

Prairie Historical Society Inc, based in Madison, South Dakota, is a nonprofit organization with a mission to preserve and expand the Living Prairie Village Museum. Established with charitable and educational purposes, the society operates a historical municipality for non-profit objectives, engaging in associated activities. With a dedicated team of seven employees, their work revolves around maintaining and endowing this historical site, ensuring its perpetuity for future generations to learn and appreciate the region's history.


Official website here: www.prairievillage.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Star rating)

The Prairie Historical Society Inc has received a Two-Star rating from Charity Navigator, indicating some areas of strength but also significant opportunities for improvement. The organization demonstrates strong fiscal responsibility, with a high program expense ratio of 93.06%, suggesting that the majority of their funds are directed towards their mission-related activities. Additionally, the board of directors is fully independent, which reflects positively on governance practices.

However, the organization has notable gaps in its accountability and transparency policies. Specifically, the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy raises concerns about potential governance issues. These missing elements may affect stakeholder trust and the organization's overall effectiveness in managing its resources.

Overall, while Prairie Historical Society Inc shows commendable financial health and strong board independence, addressing the shortcomings in their operational policies could enhance their accountability and ultimately improve their ratings in the nonprofit sector.


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

What do the Facebook reviews say about Prairie Historical Society Inc?

92% of 72 reviewers on Facebook recommend Prairie Historical Society Inc. Here is a summary of their reviews:

Many patrons express a deep appreciation for the historical society, reminiscing about cherished moments spent with family while exploring exhibits. Visitors frequently highlight the engaging nature of the displays and the insightful stories shared, particularly emphasizing the connection between generations sparked by the artifacts. The atmosphere is often described as warm and inviting, making it a meaningful place for both learning and creating lasting memories.

Overall, there is a strong sentiment of satisfaction among attendees, with several noting how the nonprofit successfully brings history to life and appreciates the efforts made by the staff in curating the experience.


This AI summary has been generated from reviews found on Facebook.

Is Prairie Historical Society Inc legitimate?

Prairie Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Historical Society Inc 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: $62,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,377

For more financial information, click here


Official website here: www.prairievillage.org

What is the mission statement of Prairie Historical Society Inc?

The Prairie Historical Society Inc has a mission to establish, maintain, endow, perpetuate, and carry on a charitable and educational enterprise, specifically the operation of a historical municipality for non-profit purposes with associated activities. Their primary focus is on preserving and expanding the Living Prairie Village Museum, located in Lake County, South Dakota. This society aims to promote historical education and awareness through its operations.


Official website here: www.prairievillage.org

Who is the CEO of Prairie Historical Society Inc?

Mike Tammen is the Ceo of Prairie Historical Society Inc. The CEO's salary of Prairie Historical Society Inc is $54,163 and their total compensation is $54,163.


Official website here: www.prairievillage.org

What is the revenue of Prairie Historical Society Inc?

Prairie Historical Society Inc's revenue in 2022 was $735,726.


Official website here: www.prairievillage.org

Who are the executives of Prairie Historical Society Inc and what are their salaries?

The average compensation at Prairie Historical Society Inc during 2022 was $16,470. There are 7 employees and 100 volunteers at Prairie Historical Society Inc.


Here are 11 key members and their salaries (Prairie Historical Society Inc's CEO's salary is $54,163 and their total compensation is $54,163):


Faron Wahl (Ceo)
  • Compensation: $54,163
  • Related: $0
  • Other: $0
Misty Young (Cfo)
  • Compensation: $14,374
  • Related: $0
  • Other: $0
Mark Bakker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Ellens (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hussman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Johannsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Magg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Peterson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Tammen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prairievillage.org

Where can I find the form 990 for Prairie Historical Society Inc?

Prairie Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prairievillage.org

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

Mission Statement of Prairie Historical Society Inc

Prairie Historical Society Inc is dedicated to establishing, maintaining, endowing, perpetuating, and carrying on a charitable and educational enterprise in Lake County, South Dakota. The primary objective of this nonprofit organization is to operate a historical municipality for non-profit purposes, along with associated activities. The Society's mission is centered around the preservation and expansion of the Living Prairie Village Museum. This museum serves as a vital platform for showcasing and preserving the rich history and culture of the area, offering visitors an immersive and educational experience. By operating the Living Prairie Village Museum, Prairie Historical Society Inc contributes to the community's understanding and appreciation of its past, fostering a sense of heritage and continuity.

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Impact




July, 2024

The Prairie Historical Society Inc's impact lies in its dedication to preserving and expanding the Living Prairie Village Museum in Madison, South Dakota. Through their activities, they aim to establish, maintain, and perpetuate a historical municipality for non-profit purposes, focusing on educational and charitable endeavors. Their work contributes to the preservation of local history and cultural heritage, providing a valuable resource for the community and beyond.




This information is meant to be a general summary of Prairie Historical Society Inc. 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
$735,726 (2022)
Expenses
$728,697 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,653
  • Program Service Revenue: $561,939
  • Gross Receipts: $752,644

Assets and Liabilities:

  • Total Assets: $1,790,226
  • Total Liabilities: $25,457
  • Net Assets: $1,764,769

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Programs

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

ANNUAL STEAM THRESHING JAMB

Revenue

$195,885

CONSIGNMENT AUCTION

Revenue

$146,580

CAMPING

Revenue

$50,458

RAILROAD INCOME

Revenue

$47,801

FOOD VENUES

Revenue

$29,868

Organization Details

Principal Officer

Mike Tammen

Main Address

PO BOX 256, MADISON, SD, 57042

NTEE Category

Code: A82Z - Arts

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