WATERLOO AREA HISTORICAL SOCIETY

EIN: 382083275 501(c)(3) Arts, Culture & Humanities

STOCKBRIDGE, MI

Total Revenue
$140,259
Total Expenses
$104,850
Total Assets
$1,937,541
Net Assets
$1,937,541
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Organization Details

Formation Year
1962
Legal Domicile
MI
Principal Officer
CHAD KINCH
Phone
5175962254
Tax Period
2024-01-01 to 2024-12-31

WATERLOO AREA HISTORICAL SOCIETY, founded in 1962, is a small nonprofit in the Arts, Culture & Humanities sector that reported $140K in total revenue in fiscal year 2024. The organization ran a surplus of $35K, a strong 25% operating margin.

Mission

TO EDUCATE ADULTS AND CHILDREN IN THE WAYS OF PIONEER FARM LIFE AND SCHOOLING THROUGH EDUCATIONAL PROGRAMS AND EVENTS.

Program Service Accomplishments

Program 1
Expenses: $29,677

PIONEER FARM AND ONE ROOM SCHOOL HOUSE SCHOOL FIELD TRIPS. THIS PROGRAM PROVIDES SCHOOLS THE OPPORTUNITY TO BRING THEIR ELEMENTARY SCHOOL CLASSES TO THE WATERLOO FARM MUSEUM AND THE DEWEY SCHOOL...

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PIONEER FARM AND ONE ROOM SCHOOL HOUSE SCHOOL FIELD TRIPS. THIS PROGRAM PROVIDES SCHOOLS THE OPPORTUNITY TO BRING THEIR ELEMENTARY SCHOOL CLASSES TO THE WATERLOO FARM MUSEUM AND THE DEWEY SCHOOL MUSEUM. THE TRIP LASTS AN ENTIRE SCHOOL DAY. DURING THE TRIP THE STUDENTS GET THE OPPORTUNITY FOR HANDS ON ACTIVITIES ON A NINETEENTH CENTURY PIONEER FARM AND IN A ONE ROOM SCHOOL HOUSE. THE ACTIVITIES INCLUDE CUTTING WOOD, FETCHING WATER, SHILLING CORN, DOING SCHOOL LESSONS, ETC. DURING THE YEAR THE PROGRAM SERVED CLOSE TO 1,660 CHILDREN AND ADULTS. THE DOCENTS FOR THE PROGRAM ARE ALL VOLUNTEERS. THE MONEY RAISED THROUGH THIS ACTIVITY IS USED TO MAINTAIN AND UPGRADE BOTH THE WATERLOO FARM MUSEUM AND THE DEWEY SCHOOL.

Program 2
Expenses: $7,794

PIONEER DAY THIS EVENT TAKES PLACE ON THE SECOND SUNDAY IN OCTOBER. THE GROUNDS OF THE WATERLOO FARM MUSEUM COME ALIVE WITH A GREAT VARIETY OF DEMONSTRATORS SHOWING HOW FAMILIES LIVED AND WORKED...

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PIONEER DAY THIS EVENT TAKES PLACE ON THE SECOND SUNDAY IN OCTOBER. THE GROUNDS OF THE WATERLOO FARM MUSEUM COME ALIVE WITH A GREAT VARIETY OF DEMONSTRATORS SHOWING HOW FAMILIES LIVED AND WORKED DURING THE 1800'S. THE BLACKSMITHS, WEAVERS, SHEEP SHEARERS AND OTHERS DEMONSTRATE THEIR SKILLS. THE FARM HOUSE IS OPEN FOR TOURS. THERE ARE VENDORS PRESENT DISPLAYING AND SELLING THEIR HAND CRAFTED WARES. THE GIFT SHOP IS OPEN. THERE IS ALSO A FLOWER BARN WHERE A GREAT VARIETY OF DRIED FLOWER ARRANGEMENTS MAY BE PURCHASED. THERE IS A FARM WAGON WHERE DONATED FARM CROPS AND BAKED GOODS MAY BE PURCHASED. WAGON RIDES AND LIVE ENTERTAINMENT ARE ALSO AVAILABLE. THE PROCEEDS FROM THIS EVENT ARE USED TO HELP MAINTAIN AND UPGRADE THE FARM MUSEUM AND DEWEY SCHOOL. ATTENDENCE BETWEEN 2,000 AND 3,000.

Program 3
Expenses: $9,156

CHRISTMAS ON THE FARM THIS EVENT TAKES PLACE ON THE FIRST WEEKEND IN DECEMBER. THE FARM HOUSE AND GROUNDS ARE DECORATED FOR CHRISTMAS IN THE VICTORIAN STYLE. THERE ARE RE- ENACTORS PRESENT TO GIVE...

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CHRISTMAS ON THE FARM THIS EVENT TAKES PLACE ON THE FIRST WEEKEND IN DECEMBER. THE FARM HOUSE AND GROUNDS ARE DECORATED FOR CHRISTMAS IN THE VICTORIAN STYLE. THERE ARE RE- ENACTORS PRESENT TO GIVE THE FARM A LIVED-IN FEEL. BAKED GOODS AND HANDMADE CHRISTMAS DECORATIONS ARE AVAILABLE FOR SALE TO THOSE ATTENDING. THE SCHOOL IS ALSO OPEN AND DECORATED. THE PROCEEDS FROM THIS EVENT ARE USED TO MAINTAIN AND UPGRADE FARM AND SCHOOL MUSEUMS. ATTENDENCE VARIES BETWEEN 500 AND 1,000.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,581
Program Service Revenue $47,074
Investment Income $604
Other Revenue $0
TOTAL REVENUE $140,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,627
Other Expenses $104,850
TOTAL EXPENSES $104,850

Year-over-Year Comparison

2024 2023 Change
Revenue $140,259 $140,822 0.0%
Expenses $104,850 $62,001 +0.7%
Net Income $35,409 $78,821 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
60

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
7
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM HUNT TRUSTEE 2.00
Director
$0 $0 $0
BUTCH RICHMOND TRUSTEE 2.00
Director
$0 $0 $0
JENNY SMITH TRUSTEE 2.00
Director
$0 $0 $0
DAVE WILSON TRUSTEE 5.00
Director
$0 $0 $0
BRIAN DEWEY PRESIDENT 5.00
Officer
$0 $0 $0
DENISE FRAHM SECRETARY 2.00
Officer
$0 $0 $0
ARLENE KAISER PRESIDENT & 5.00
Officer
$0 $0 $0
CHAD KINCH PRESIDENT 5.00
Officer
$0 $0 $0
RAE PIERCE VICE PRESIDE 1.00
Officer
$0 $0 $0
KIM TITUS VICE PRESIDE 5.00
Officer
$0 $0 $0
COLLEEN VEDRO TREASURER 4.00
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 $140,259 $104,850 $1,937,541 $35,409
2023 $140,822 $62,001 $1,902,132 $78,821
2022 $96,608 $61,847 $1,823,311 $34,761
2021 $65,390 $38,360 $1,798,310 $27,030
2020 $48,821 $35,262 $1,781,870 $13,559
2019 $57,502 $44,871 $1,747,961 $12,631
2018 $44,478 $51,079 $1,735,330 $-6,601
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