Overview
What is Lacey Historical Society?
The Lacey Historical Society is a dedicated nonprofit organization, located in Lacey, Washington. Their primary purpose is to delve into, safeguard, and propagate the history of the city of Lacey. To accomplish this, they issue two newsletters annually, share research and historical information, collaborate with other historical organizations such as the Thurston County Historical Journal, and work closely with the Lacey Museum for outreach activities and support. Their mission is focused on educational and charitable objectives related to promoting, collecting, preserving, and interpreting the history of Lacey. The organization is committed to fostering an appreciation for the city's past and ensuring its heritage is passed down for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating. The Lacey Historical Society exhibits strengths in governance with a fully independent board and strong oversight, reflected in perfect scores for board size and material diversion of assets. However, its overall accountability and finance score is relatively low, indicating areas that require improvement.
The organization shows some positive indicators, such as maintaining comprehensive board meeting records and a solid liabilities to assets ratio. However, the program expense ratio suggests that a significant portion of its expenses may not be allocated directly to programs, which could impact its effectiveness in fulfilling its mission.
Notably, the Lacey Historical Society lacks several key policies and practices, including a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, its failure to post important financial documents on its website raises transparency concerns, which may affect public trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Lacey Historical Society legitimate?
Lacey Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lacey Historical Society 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lacey Historical Society?
The Lacey Historical Society, established for educational and charitable purposes, is dedicated to promoting, collecting, preserving, and interpreting the history of the city of Lacey. Their mission involves organizing activities that foster a deeper understanding of the city's past. They distribute two newsletters annually, sharing historical information and insights about the city. The organization collaborates with other historical organizations, such as the Thurston County Historical Journal, and works closely with the Lacey Museum to coordinate outreach activities and support efforts to establish a new Lacey Museum.
Who is the CEO of Lacey Historical Society?
Margaret Weaver is the Principal Officer of Lacey Historical Society.
What is the revenue of Lacey Historical Society?
Lacey Historical Society's revenue in 2020 was $6,852.
Who are the executives of Lacey Historical Society and what are their salaries?
There 10 volunteers at Lacey Historical Society.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lacey Historical Society?
Lacey Historical Society's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Lacey Historical Society
The Lacey Historical Society, established for educational and charitable purposes, is dedicated to exploring, preserving, and promoting the history of the city of Lacey. Organized with a clear mission, this nonprofit organization works tirelessly to collect, preserve, and interpret historical data related to the city. It achieves this through various means, including the publication of two annual newsletters and providing valuable historical information about Lacey.
To further its mission, the Lacey Historical Society collaborates with other historical organizations, such as the Thurston County Historical Journal. This collaboration not only broadens its scope of knowledge but also strengthens its ability to share and disseminate historical information. Additionally, the organization partners with the Lacey Museum for outreach activities and support efforts to build a new Lacey Museum. By engaging in these activities, the Lacey Historical Society is able to contribute significantly to the preservation and promotion of the city's rich history, ensuring that future generations can appreciate and learn from it.
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Impact
August, 2024
The Lacey Historical Society plays a vital role in exploring, preserving, and promoting the history of the city of Lacey. Through issuing newsletters, providing research and historical information, collaborating with other historical organizations, and supporting efforts to build a new Lacey Museum, the society actively engages the community in understanding and appreciating the rich cultural heritage of Lacey. By focusing on education and charitable purposes related to historical promotion, collection, preservation, and interpretation, the Lacey Historical Society contributes to the preservation of the city's legacy for future generations.
This information is meant to be a general summary of Lacey Historical Society. 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 2020.
- Investment Income: $5,092
- Gross Receipts: $6,852
Assets and Liabilities:
- Total Assets: $286,695
- Total Liabilities: $1,000
- Net Assets: $285,695
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Organization Details
Founding Year
1980
Phone
(360) 491-9024Principal Officer
Margaret Weaver
Main Address
PO BOX 3324, LACEY, WA, 985093324
NTEE Category
Code: A00 - Arts
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