Overview
What is The Filson Historical Society Inc?
The Filson Historical Society Inc, located in Louisville, Kentucky, is a dedicated nonprofit organization that plays a pivotal role in preserving and disseminating the rich history and culture of Kentucky and the Ohio River Valley. Their activities encompass a wide array of events, lectures, and academic conferences, delivered by experts and renowned authors, both in-person and virtually. These educational engagements include the prestigious Gertrude Polk Brown Lecture Series and various lectures focused on our region's heritage. The Filson's operations are sustained through membership contributions, annual fund donations, and grant funding. Their collections department, comprising the library, manuscripts, prints & photographs, and museum objects, meticulously preserves and shares materials that span from pre-Columbian indigenous history to the 21st century. New materials are considered for acceptance monthly, and researchers from across the United States and abroad visit the Filson to utilize these collections for various scholarly projects. The Filson's commitment to access and education is evident in their publication of two publications, the Filson News Magazine and Ohio Valley History. They are also a consortium member of the University Press of Kentucky. The organization is determined to foster excellence, service, and integrity while pursuing diversity, equity, and inclusion in their work. Their ultimate vision is to become a nationally preeminent historical society, inspiring communities to shape a stronger present and future through learning from the past.
Official website here: www.filsonhistorical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star Rating
The Filson Historical Society Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization is noted for having a fully independent board, which contributes to its governance strength. With no material diversions of assets reported and a solid audit and oversight committee, the society demonstrates a high level of financial integrity.
Strengths include an impressive program expense ratio of 80.76%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the society's fundraising efficiency is commendable, with only $0.08 spent to raise each dollar, showcasing effective resource management. The organization also maintains a healthy working capital ratio, providing it with a solid financial cushion.
While the data highlights numerous strengths, the summary does not indicate any areas of significant limitation or concern. Overall, The Filson Historical Society Inc exemplifies a well-managed nonprofit that effectively utilizes its resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Filson Historical Society Inc legitimate?
The Filson Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Filson 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: $356,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,509,160
For more financial information, click here
Official website here: www.filsonhistorical.org
What is the mission statement of The Filson Historical Society Inc?
The Filson Historical Society's mission is centered around preserving and disseminating the significant history and culture of Kentucky and the Ohio Valley. They are committed to this task through their operations, which are characterized by excellence, service, and integrity. The society is dedicated to promoting diversity, equity, and inclusion while pursuing ever-greater access to education. Their mission is achieved through various means, including hosting over 100 diverse lectures and events annually, preserving historical collections, and providing resources for researchers from across the globe. The Filson also produces two publications and is a member of the University Press of Kentucky consortium.
Official website here: www.filsonhistorical.org
Who is the CEO of The Filson Historical Society Inc?
Richard Hc Clay is the CEO of The Filson Historical Society Inc The CEO's salary of The Filson Historical Society Inc is $228,494 and their total compensation is $239,127.
Official website here: www.filsonhistorical.org
What is the revenue of The Filson Historical Society Inc?
The Filson Historical Society Inc's revenue in 2023 was $4,361,368.
Official website here: www.filsonhistorical.org
Who are the executives of The Filson Historical Society Inc and what are their salaries?
The average compensation at The Filson Historical Society Inc during 2023 was $53,316. There are 35 employees and 80 volunteers at The Filson Historical Society Inc.
Here are 33 key members and their salaries (The Filson Historical Society Inc's CEO's salary is $228,494 and their total compensation is $239,127):
- Compensation: $228,494
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- Compensation: $90,887
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- Compensation: $142,766
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- Other: $7,814
Official website here: www.filsonhistorical.org
Where can I find the form 990 for The Filson Historical Society Inc?
The Filson Historical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.filsonhistorical.org
Learn more at the official website: www.filsonhistorical.org
Mission Statement of The Filson Historical Society Inc
The Filson Historical Society, an esteemed organization, is committed to preserving and showcasing the significant history and culture of Kentucky and the Ohio Valley. Its mission is threefold: to collect, preserve, and share the rich heritage and traditions of the region. The Society strives to promote diversity, equity, and inclusion, ensuring that its operations reflect excellence, service, and integrity.
In line with its mission, The Filson Historical Society takes active steps to collect, preserve, and share historical artifacts and information that are connected to Kentucky and the Ohio Valley. This includes materials dating back to pre-Columbian indigenous history, extending up to the 21st century. These valuable resources are meticulously cataloged, preserved, and made available to researchers both in-person and remotely. The Society also serves as a vital source of historical data, regularly appearing in scholarly works, books, articles, novels, plays, school papers, and family histories, among others.
The Filson's Education and Development Departments contribute significantly to its mission by offering over 100 diverse lectures and events annually. These enlightening presentations, delivered by experts and renowned authors, take place both in-person and virtually. The Filson is renowned for hosting prestigious events such as the Gertrude Polk Brown Lecture Series and biannual academic conferences, in addition to various educational lectures focusing on the region's culture and history. These engaging events not only educate the public but also foster a deeper appreciation and understanding of the region's past, ultimately informing and inspiring a stronger present and future.
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Impact
July, 2024
The Filson Historical Society Inc has a significant impact on preserving and sharing the history and culture of Kentucky and the Ohio Valley. Through its diverse lectures, events, and educational programs, The Filson provides valuable insights into the region's rich past. The society's commitment to excellence, service, and integrity is evident in its efforts to maintain a vast collection of historical materials dating from pre-Columbian times to the present day. Researchers from across the United States and abroad regularly access these collections for various projects, leading to the acknowledgment of The Filson in numerous works. Additionally, The Filson's publications and consortium membership further contribute to the dissemination of knowledge about the region's history. Overall, The Filson Historical Society Inc plays a crucial role in inspiring communities to learn from the past, thereby building a stronger present and future.
This information is meant to be a general summary of The Filson 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: $1,107,120
- Program Service Revenue: $107,405
- Gross Receipts: $8,713,703
Assets and Liabilities:
- Total Assets: $41,951,258
- Total Liabilities: $93,062
- Net Assets: $41,858,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$74,047
PUBLICATIONS
Revenue
$25,240
PUBLIC ARCHIVE ACCESS
Revenue
$5,441
RESEARCH INCOME
Revenue
$2,677
Organization Details
Founding Year
1892
Principal Officer
Richard Hc Clay
Website
www.filsonhistorical.orgNTEE Category
Code: N50Z - Recreation
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