NORTHVILLE HISTORICAL SOCIETY INC

EIN: 364092509 501(c)(3) Arts, Culture & Humanities

NORTHVILLE, MI

Total Revenue
$220,930
Total Expenses
$205,741
Total Assets
$1,357,230
Net Assets
$1,341,762
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
MI
Principal Officer
BILL STOCKHAUSEN
Phone
2483481845
Tax Period
2023-01-01 to 2023-12-31

NORTHVILLE HISTORICAL SOCIETY INC, founded in 1964, is a small nonprofit in the Arts, Culture & Humanities sector that reported $221K in total revenue in fiscal year 2023. Expenses of $206K left a modest 7% surplus.

Mission

TO DISCOVER, COLLECT, PRESERVE, ADVANCE AND DISSEMINATE KNOWLEDGE OF THE HISTORY OF THE NORTHVILLE REGION. THE SOCIETY EXISTS FOR THE PURPOSE OF PRESERVING LOCAL HISTORICAL STRUCTURES FOR PUBLIC EXHIBITION, EDUCATING CITIZENS ON THE VALUE OF PRESERVING THE HERITAGE OF THE NORTHVILLE COMMUNITY, BRING TOGETHER THOSE PEOPLE INTERESTED IN THE HISTORY OF THE NORTHVILLE REGION AND MAINTAINS AND PROTECTS A COLLECTION OF HISTORICAL STRUCTURES KNOWN AS THE MILL RACE HISTORICAL VILLAGE.

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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 $58,996
Program Service Revenue $65,462
Investment Income $36,066
Other Revenue $60,406
TOTAL REVENUE $220,930

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,993
Fundraising Expenses $0
Program Expenses $196,155
Other Expenses $79,748
TOTAL EXPENSES $205,741

Year-over-Year Comparison

2023 2022 Change
Revenue $220,930 $207,311 +0.1%
Expenses $205,741 $270,677 -0.2%
Net Income $15,189 $-63,366 -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

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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
9
Independent Members
9
Employees
24
Volunteers
N/A

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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL STOCKHAUSEN PRESIDENT N/A
Officer Director
$0 $0 $0
PAULA HERBERT VICE PRESIDE N/A
Officer Director
$0 $0 $0
SCOTT LOWERY TREASURER N/A
Officer Director
$0 $0 $0
SALY FLAYER SECRETARY N/A
Officer Director
$0 $0 $0
BARB BAKEWELL DIRECTOR N/A
Director
$0 $0 $0
MIKE DEFRANCESCO DIRECTOR N/A
Director
$0 $0 $0
PAUL HINZ DIRECTOR N/A
Director
$0 $0 $0
KIRT HOLDER DIRECTOR N/A
Director
$0 $0 $0
SUEMARIE KLIMEK DIRECTOR N/A
Director
$0 $0 $0
PAUL SNYDER EXECUTIVE DI N/A
Officer
$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 $220,930 $205,741 $1,357,230 $15,189
2022 $207,311 $270,677 $1,241,762 $-63,366
2021 $204,043 $251,278 $1,443,215 $-47,235
2020 $130,816 $159,886 $1,185,793 $-29,070
2019 $225,075 $199,360 $1,115,142 $25,715
2018 $213,313 $175,868 $1,049,720 $37,445
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