NORTHERN INDIANA HISTORICAL SOCIETY FOUNDATION

EIN: 310906405 501(c)(3) Arts, Culture & Humanities

SOUTH BEND, IN

Total Revenue
$423,908
Total Expenses
$397,435
Total Assets
$8,322,916
Net Assets
$8,322,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
IN
Principal Officer
BRIAN D HARDING
Phone
5742359664
Tax Period
2024-01-01 to 2024-12-31

NORTHERN INDIANA HISTORICAL SOCIETY FOUNDATION, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $424K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $397K left a modest 6% surplus.

Mission

TO SOLICIT, RECEIVE, INVEST, AND HOLD ENDOWMENT CONTRIBUTIONS AND DONATIONS FOR NORTHERN INDIANA HISTORICAL SOCIETY, INC. AND TO MAKE DISTRIBUTIONS TO THE SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $363,706

GRANTS GIVEN TO SUPPORT NORTHERN INDIANA HISTORICAL SOCIETY, INC. IN THE SOCIETY'S MISSION TO PRESERVE OUR REGION'S HERITAGE AND EDUCATE THE PUBLIC THROUGH ITS COLLECTIONS, EXHIBITS, AND PROGRAMS TO...

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GRANTS GIVEN TO SUPPORT NORTHERN INDIANA HISTORICAL SOCIETY, INC. IN THE SOCIETY'S MISSION TO PRESERVE OUR REGION'S HERITAGE AND EDUCATE THE PUBLIC THROUGH ITS COLLECTIONS, EXHIBITS, AND PROGRAMS TO DEVELOP AN INFORMED UNDERSTANDING OF THE PAST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,590
Program Service Revenue $0
Investment Income $420,318
Other Revenue $0
TOTAL REVENUE $423,908

Expense Breakdown

Grants Paid $363,706
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $363,706
Other Expenses $33,729
TOTAL EXPENSES $397,435

Year-over-Year Comparison

2024 2023 Change
Revenue $423,908 $258,130 +0.6%
Expenses $397,435 $316,883 +0.3%
Net Income $26,473 $-58,753 -1.5%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$151,007
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN D HARDING EXECUTIVE DI 1.00
Officer
$0 $0 $80,777
MARILYN JURGONSKI DIRECTOR OF 1.00
Officer
$0 $0 $62,442
JUDI MILLER DIRECTOR OF 1.00
Officer
$0 $0 $7,788
PHILLIP ALLEN TRUSTEE 0.50
Director
$0 $0 $0
TOM LIDDELL TRUSTEE 0.50
Director
$0 $0 $0
KEVIN C MURPHY TRUSTEE 0.50
Director
$0 $0 $0
KERRY STEPHENS TRUSTEE 0.50
Director
$0 $0 $0
JAMES G HART CHAIR 0.50
Officer Director
$0 $0 $0
LINDA DOSHI VICE CHAIR 0.50
Officer Director
$0 $0 $0
LAURA E RAY SECRETARY 0.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $423,908 $397,435 $8,322,916 $26,473
2023 $258,130 $316,883 $7,570,713 $-58,753
2022 $278,390 $364,473 $6,825,195 $-86,083
2021 $692,842 $337,564 $8,187,878 $355,278
2020 $331,905 $262,258 $7,241,467 $69,647
2019 $225,889 $304,779 $6,451,758 $-78,890
2018 $283,258 $293,570 $5,467,750 $-10,312
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