Central States Numismatic Society

EIN: 416028039 501(c)(3) Education

Belleville, IL

Total Revenue
$674,555
Total Expenses
$606,873
Total Assets
$398,019
Net Assets
$398,019
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
IL
Principal Officer
Jack D Huggins
Phone
6184073962
Tax Period
2024-07-01 to 2025-06-30

Central States Numismatic Society, founded in 1955, is a small nonprofit in the Education sector that reported $675K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $607K left a modest 10% surplus.

Mission

Advance the knowledge of numismatics along educational, historical and scientific lines.

Program Service Accomplishments

Program 1
Expenses: $51,716 Revenue: $12,950

Quarterly Magazine is distributed to members and prospective members. The Magazine contains educational articles. It also promotes coin collecting, and allows collectors to advertise and market their...

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Quarterly Magazine is distributed to members and prospective members. The Magazine contains educational articles. It also promotes coin collecting, and allows collectors to advertise and market their collections.

Program 2
Expenses: $414,299 Revenue: $619,527

The Convention is held to host numismatic exhibits, provide educational programming, provide opportunities to buy and sell numismatic materials for members and general public.

Program 3
Expenses: $80,882 Revenue: $0

Educational and Outreach Services: Develops and produce seminars and workshops for use by membership and the general public. Produces school programs and auctions to develop youth interest. Provides...

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Educational and Outreach Services: Develops and produce seminars and workshops for use by membership and the general public. Produces school programs and auctions to develop youth interest. Provides Research Grants to promote research in numismatic studies.

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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 $39,674
Program Service Revenue $632,477
Investment Income $2,404
Other Revenue $0
TOTAL REVENUE $674,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,000
Fundraising Expenses $0
Program Expenses $546,897
Other Expenses $581,873
TOTAL EXPENSES $606,873

Year-over-Year Comparison

2024 2023 Change
Revenue $674,555 $575,762 +0.2%
Expenses $606,873 $582,308 +0.0%
Net Income $67,682 $-6,546 -11.3%
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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Governance

Voting Members
8
Independent Members
8
Employees
N/A
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
1
$25,000
Total Directors
8
$48,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jack D Huggins Secretary/Treasurer 25.00
Officer
$25,000 $0 $25,000
Mitch Ernst President 25.00
Director
$45,000 $0 $45,000
Brett Irick Vice-President 1.00
Director
$0 $0 $0
David Nazzaro Governor 1.00
Director
$0 $0 $0
Samuel Ernst Governor 5.00
Director
$3,000 $0 $3,000
David Harper Governor 1.00
Director
$0 $0 $0
Carrie Meyer Governor 1.00
Director
$0 $0 $0
Gerald Tebben Governor 1.00
Director
$0 $0 $0
Joe Paonessa 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
2025 $674,555 $606,873 $398,019 $67,682
2024 $575,762 $582,308 $330,337 $-6,546
2023 $767,669 $778,577 $336,883 $-10,908
2022 $702,384 $546,902 $347,791 $155,482
2021 $28,918 $178,010 $192,309 $-149,092
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