NORTHERN INDIANA HISTORICAL SOCIET… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1866

Legal Domicile

Principal Officer

BRIAN D HARDING

Phone

5742359664

Tax Period

2024-01-01 to 2024-12-31

NORTHERN INDIANA HISTORICAL SOCIETY INC, founded in 1866, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 10% surplus.

Mission

WE PRESERVE OUR REGIONS HERITAGE AND EDUCATE THE PUBLIC THROUGH OUR COLLECTIONS, EXHIBITS, AND PROGRAMS TO DEVELOP AN INFORMED UNDERSTANDING OF THE PAST.

Program Service Accomplishments

Program 1

Expenses: $1,286,353 Revenue: $189,927

THE HISTORY MUSEUM PRESERVES OUR REGION'S HERITAGE AND EDUCATES THE PUBLIC THROUGH OUR COLLECTIONS, EXHIBITS, AND PROGRAMS TO DEVELOP AN INFORMED UNDERSTANDING OF THE PAST. IN 2024: - NAVARRE CABIN WAS RELOCATED FROM LEEPER PARK TO ITS PERMANENT LOCATION ON THE HISTORY MUSUEM'S CAMPUS. PROGRAMMING BEGAN DURING THE SUMMER. - THERE WERE 53,908 ADMISSIONS, 11,272 SCHOOL CHILDREN, 25 RENTAL EVENTS, 51 BUS TUOUR GROUPS,AND 753 MEMBERS. - EXHIBITS INCUDED 4 NEW EXHIBITS IN CHANGING GALLERIES, 2 CARRY-OVER EXHIBITS FROM THE PREVIOUS YEAR, AND 1 PERMANENT EXHIBIT. - EDUCATION AND PROGRAMMING - 35 PUBLIC PROGRAMS AND LECTURES, 4 TEACHER EVENTS, HISTORICAL MARKER INSTALLATIONS, 3 MUSICAL EVENTS. - FACILITIES - OVER 25 FACILITY IMPROVEMENTS: UPGRADES TO BUILDING MECHANICALS, LIFE SAFTEY, AND GROUNDS/GARDENS. EXPENSES REPORTED IN THIS SCHEDULE DO NOT INCLUDE 361,167 OF THE VALUE OF DONATED FACILITIES INCLUDED IN THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS BUT NOT REPORTABLE UNDER TAX LAW.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,870,698

Program Service Revenue $153,454

Investment Income $12,438

Other Revenue $68,088

TOTAL REVENUE $2,104,678

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,003,931

Fundraising Expenses $69,588

Program Expenses $1,286,353

Other Expenses $899,142

TOTAL EXPENSES $1,903,073

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,104,678	$1,771,612	+0.2%
Expenses	$1,903,073	$1,768,560	+0.1%
Net Income	$201,605	$3,052	+65.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

155

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

$151,007

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN D HARDING	EXECUTIVE DI	39.00	Officer	$80,777	$0	$80,777
MARILYN JURGONSKI	DIRECTOR FIN	33.00	Officer	$62,442	$0	$62,442
JUDI MILLER	DIRECTOR FIN	33.00	Officer	$7,788	$0	$7,788
CARL BUCHANON	TRUSTEE	1.00	Director	$0	$0	$0
DRU CASH	TRUSTEE	1.00	Director	$0	$0	$0
ANDREA CRAWFORD	TRUSTEE	1.00	Director	$0	$0	$0
C TODD CUMMINGS PHD	TRUSTEE	1.00	Director	$0	$0	$0
MARVIN CURTIS EDD	TRUSTEE	1.00	Director	$0	$0	$0
HOPE DAVIS PHD	TRUSTEE	1.00	Director	$0	$0	$0
DIANA HESS	TRUSTEE	1.00	Director	$0	$0	$0
CATHERINE HOSTETLER	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN KING	DIRECTOR	1.00	Director	$0	$0	$0
KATIE KITTS	TRUSTEE	1.00	Director	$0	$0	$0
DAVID PASTON	TRUSTEE	1.00	Director	$0	$0	$0
MIKE PLENZLER	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS ROSS	TRUSTEE	1.00	Director	$0	$0	$0
KERRY STEPHENS	TRUSTEE	1.00	Director	$0	$0	$0
JERRY THACKER EDD	TRUSTEE	1.00	Director	$0	$0	$0
RACHEL TOMAS MORGAN	TRUSTEE	1.00	Director	$0	$0	$0
JAKE TESHKA	TRUSTEE	1.00	Director	$0	$0	$0
JOHN WINGFIELD	TRUSTEE	1.00	Director	$0	$0	$0
JIM HART	TRUSTEE	1.00	Director	$0	$0	$0
JENAL ZAK	TRUSTEE	1.00	Director	$0	$0	$0
JIM TUESLEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS STRAFFORD	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DONALD M RIGGS	TREASURER	2.00	Officer Director	$0	$0	$0
LAURA RAY	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	$2,104,678	$1,903,073	$2,050,129	$201,605
2023	$1,771,612	$1,768,560	$1,875,080	$3,052
2022	$1,833,658	$1,749,940	$1,885,995	$83,718
2021	$1,875,609	$1,698,751	$1,839,984	$176,858
2020	$1,708,084	$1,555,236	$1,669,725	$152,848
2019	$1,560,059	$1,653,547	$1,480,446	$-93,488
2018	$1,750,175	$1,800,644	$1,545,905	$-50,469

NORTHERN INDIANA HISTORICAL SOCIETY INC