Overview
What is Marion Historical Society Inc?
Marion Historical Society Inc is a historical organization based in Marion, Iowa, dedicated to preserving and honoring the region's past. As a nonprofit, they carry out various programs to promote Marion's rich heritage. Their mission is centered around historical preservation, ensuring that the community's legacy remains alive and well-known. The Society serves as a hub for celebrating Marion's history, fostering a sense of pride and connection among its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Marion Historical Society Inc has received a 73% rating from Charity Navigator, indicating a fair level of accountability and financial health, but it falls short of higher standards due to missing policies. With a strong program expense ratio of 99.83% and no material diversion of assets, the organization demonstrates a commitment to utilizing its resources effectively toward its mission.
Strengths of the Marion Historical Society include a fully independent board and documented board meeting minutes, both of which showcase good governance practices. The organization also has an excellent liabilities to assets ratio of 0.00%, reflecting solid financial stability. However, the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns regarding transparency and risk management.
Overall, while the Marion Historical Society exhibits several positive attributes, the lack of critical governance policies prevents it from achieving a higher rating. Stakeholders should consider these limitations when evaluating the organization’s overall effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Marion Historical Society Inc legitimate?
Marion Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,057
For more financial information, click here
What is the mission statement of Marion Historical Society Inc?
The Marion Historical Society Inc. is committed to fostering an understanding of Marion's history by executing programs that safeguard and commemorate its rich past. functioning as a historical society, the organization's primary focus lies in historical preservation. It strives to promote and celebrate Marion's heritage by implementing various initiatives.
Who is the CEO of Marion Historical Society Inc?
Erik Miles is the Vice Preside of Marion Historical Society Inc.
What is the revenue of Marion Historical Society Inc?
Marion Historical Society Inc's revenue in 2023 was $45,611.
Who are the executives of Marion Historical Society Inc and what are their salaries?
The average compensation at Marion Historical Society Inc during 2023 was $14,057. There is 1 employee at Marion Historical Society Inc.
Here are 4 key members and their salaries:
- 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 Marion Historical Society Inc?
Marion Historical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Marion Historical Society Inc
The Marion Historical Society Inc, as a historical society, is dedicated to promoting the rich heritage of Marion, Iowa. Their mission revolves around preserving and celebrating the town's history through various programs. This nonprofit organization plays a pivotal role in safeguarding Marion's past and fostering a sense of pride in its community members. By engaging in historical preservation, the Marion Historical Society Inc contributes significantly to the understanding and appreciation of Marion's unique identity.
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Impact
August, 2024
Marion Historical Society Inc's impact is significant in promoting the history of Marion, Iowa. Through its programs aimed at preserving and celebrating the rich heritage of Marion, the organization plays a crucial role in educating the community about its past. By focusing on historical preservation, Marion Historical Society Inc contributes to the cultural enrichment of the city and ensures that its history is remembered and appreciated for generations to come.
This information is meant to be a general summary of Marion 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18
- Gross Receipts: $45,611
Assets and Liabilities:
- Total Assets: $566,938
- Total Liabilities: $0
- Net Assets: $566,938
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Organization Details
Principal Officer
Erik Miles
Main Address
PO BOX 753, MARION, IA, 52302
NTEE Category
Code: A54 - Arts
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