KENDALLVILLE WINDMILL MUSEUM AND HISTORICAL SOCIETY INC

EIN: 351868822 501(c)(3) Arts, Culture & Humanities

KENDALLVILLE, IN

Total Revenue
$76,663
Total Expenses
$67,098
Total Assets
$990,341
Net Assets
$944,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
DOUGLAS TARGGART
Phone
2603472334
Tax Period
2024-01-01 to 2024-12-31

KENDALLVILLE WINDMILL MUSEUM AND HISTORICAL SOCIETY INC, founded in 1992, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $77K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $67K left a modest 12% surplus.

Mission

TO PROVIDE A MUSEUM TO COLLECT, DISPLAY, PRESERVE AND TELL THE STORY OF WIND POWER FROM ITS ORIGINATION THROUGH THE AMERICAN WINDMILL TO THE PRESENT DAY.

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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 $28,823
Program Service Revenue $10,334
Investment Income $1,162
Other Revenue $36,344
TOTAL REVENUE $76,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,598
Other Expenses $67,098
TOTAL EXPENSES $67,098

Year-over-Year Comparison

2024 2023 Change
Revenue $76,663 $108,088 -0.3%
Expenses $67,098 $80,144 -0.2%
Net Income $9,565 $27,944 -0.7%
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

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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
16
Independent Members
16
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANN BURKE BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY BUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
RICK CARMICHEAL BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN CORDIAL BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE FITZGIBBON PRESIDENT 1.00
Director
$0 $0 $0
LEE HARRIS VICE PRESIDE 1.00
Director
$0 $0 $0
KEVIN KELHAM BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JIM MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
BOB PILLARS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN RIEMKE BOARD MEMBER 1.00
Director
$0 $0 $0
TODD SKINNER BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY STEINBARGER BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY STRATER SECRETARY 1.00
Officer Director
$0 $0 $0
DOUGLAS TARGGART TREASURER 1.00
Officer Director
$0 $0 $0
DOUG YOUCE BOARD MEMBER 1.00
Director
$0 $0 $0
PAM YOUNCE PUBLICITY 1.00
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 $76,663 $67,098 $990,341 $9,565
2023 $108,088 $80,144 $944,400 $27,944
2022 $120,896 $75,303 $903,373 $45,593
2021 $65,404 $62,881 $862,026 $2,523
2020 $70,435 $52,533 $857,415 $17,902
2019 $90,779 $70,476 $836,109 $20,303
2018 $54,979 $79,857 $815,212 $-24,878
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