MICHIGAN CITY HISTORICAL SOCIE

EIN: 356065637 501(c)(3)

MICHIGAN CITY, IN

Total Revenue
$68,219
Total Expenses
$73,353
Total Assets
$343,475
Net Assets
$339,748
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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
1967
Legal Domicile
IN
Principal Officer
WILLIAM HALLAIR
Phone
2198726133
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN CITY HISTORICAL SOCIE, founded in 1967, is a micro nonprofit that reported $68K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Net assets of $340K represent 60 months of operating reserves.

Mission

TO PROMOTE HISTORICAL STUDY AND PRESERVE THE LIGHTHOUSE MUSEUM

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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 $9,384
Program Service Revenue $24,755
Investment Income $30,522
Other Revenue $3,558
TOTAL REVENUE $68,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,631
Fundraising Expenses $0
Program Expenses $73,353
Other Expenses $28,722
TOTAL EXPENSES $73,353

Year-over-Year Comparison

2024 2023 Change
Revenue $68,219 $109,444 -0.4%
Expenses $73,353 $71,690 +0.0%
Net Income $-5,134 $37,754 -1.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
15

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
4
$39,920
Total Directors
11
$39,920
Key Employees
1
$39,920
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL HALLAIR EXEC DIRECTOR 10
Officer Director
$0 $0 $0
KIRK ROGERS EXEC DIRECTOR 10
Officer Director
$0 $0 $0
ANNETTE BAKER SECRETARY 5
Director
$0 $0 $0
JOHN A STIMLEY TREASURER 5
Officer Director
$0 $0 $0
JOSH MCINTYRE VICE PRESIDENT 40
Officer Director Key Emp Highest
$39,920 $0 $39,920
JAN HOEPPNER BOARD MEMBER 2
Director
$0 $0 $0
ROD HOEPPNER BOARD MEMBER 2
Director
$0 $0 $0
DALE COOPER BOARD MEMBER 2
Director
$0 $0 $0
ED BEUTNER BOARD MEMBER 2
Director
$0 $0 $0
ALAN JANNEY BOARD MEMBER 2
Director
$0 $0 $0
JEFFREY THORNE BOARD MEMBER 2
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 $68,219 $73,353 $343,475 $-5,134
2023 $109,444 $71,690 $458,288 $37,754
2022 $-788 $59,349 $418,339 $-60,137
2021 $48,279 $34,840 $481,261 $13,439
2020 $23,164 $27,657 $393,629 $-4,493
2019 $53,240 $74,163 $396,345 $-20,923
2018 $56,727 $49,635 $389,279 $7,092
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