AURORA HISTORICAL SOCIETY

EIN: 362348569 501(c)(3) Arts, Culture & Humanities

AURORA, IL

Total Revenue
$254,587
Total Expenses
$244,038
Total Assets
$1,003,699
Net Assets
$1,000,578
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
IL
Principal Officer
GREGORY PROBST
Phone
6309060650
Tax Period
2023-01-01 to 2023-12-31

AURORA HISTORICAL SOCIETY, founded in 1945, is a small nonprofit in the Arts, Culture & Humanities sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $244K left a modest 4% surplus.

Mission

THE AURORA HISTORICAL SOCIETY GIVES THE PAST A FUTURE BY COLLECTING, PRESERVING, INTERPRETING, AND PRESENTING THE RICH, DIVERSE HISTORY OF AURORA AND THE SURROUNDING AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $211,196
Program Service Revenue $6,486
Investment Income $39,020
Other Revenue $-2,115
TOTAL REVENUE $254,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,282
Fundraising Expenses $3,674
Program Expenses $175,866
Other Expenses $120,756
TOTAL EXPENSES $244,038

Year-over-Year Comparison

2023 2022 Change
Revenue $254,587 $198,987 +0.3%
Expenses $244,038 $241,353 +0.0%
Net Income $10,549 $-42,366 -1.2%
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
10
Independent Members
10
Employees
5
Volunteers
14

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
$81,443
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN JAROS EXECUTIVE DI 65.00
Officer
$63,684 $17,759 $81,443
GREGORY PROBST PRESIDENT 4.00
Officer Director
$0 $0 $0
JOHN MEDERNACH VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MARY CAFFEE TWAIT SECRETARY 1.00
Officer Director
$0 $0 $0
KEVIN BEE TRUSTEE 1.00
Director
$0 $0 $0
ANGELA CLAY THOMAS TRUSTEE 1.00
Director
$0 $0 $0
VIRGINIA POTTER TRUSTEE 1.00
Director
$0 $0 $0
SCOTT ROBOWSKI TRUSTEE 1.00
Director
$0 $0 $0
NICK SARGIS TRUSTEE 1.00
Director
$0 $0 $0
SHAWN VAN KAMPEN TRUSTEE 1.00
Director
$0 $0 $0
JIM VARNEY TRUSTEE 1.00
Director
$0 $0 $0
MARY CLARK ORMOND TRUSTEE 7.00
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 No data No data No data No data
2023 $254,587 $244,038 $1,003,699 $10,549
2022 $198,987 $241,353 $944,560 $-42,366
2021 $365,766 $210,626 $1,081,502 $155,140
2020 $273,452 $227,378 $966,703 $46,074
2019 $210,023 $213,939 $907,366 $-3,916
2018 $219,490 $207,772 $804,062 $11,718
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