DODGE COUNTY HISTORICAL SOCIETY

EIN: 476026633 501(c)(3)

FREMONT, NE

Total Revenue
$184,218
Total Expenses
$164,096
Total Assets
$1,382,996
Net Assets
$1,378,881
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
NE
Principal Officer
ART SORENSEN
Phone
4027214515
Tax Period
2024-06-01 to 2025-05-31

DODGE COUNTY HISTORICAL SOCIETY, founded in 1956, is a small nonprofit that reported $184K in total revenue in fiscal year 2024. Expenses of $164K left a modest 11% surplus.

Mission

THE DODGE COUNTY HISTORICAL SOCIETY/MAY MUSEUM IS THE PRIMARY INSTITUTION WITH RESPONSIBILITY TO COLLECT, PRESERVE, RESEARCH AND INTERPRET OBJECTS, ARTIFACTS, DOCUMENTS, PUBLISHED MATERIALS AND SITES RELATING TO DODGE COUNTY, NEB'S HERITAGE AND ITS CULTURAL AND BUILT ENVIRONMENT. COLLECTION, PRESERVATION, RESEARCH AND INTERPRETATION ARE INTERDEPENDENT FUNCTIONS AND TOGETHER THEY DEFINE THE MISSION OF THE SOCIETY.AS AN EDUCATIONAL INSTITUTION, THE SOCIETY/MUSEUM WILL ENCOURAGE PUBLIC INTEREST AND PARTICIPATION IN ITS ACTIVITIES THROUGH SPECIAL-PURPOSE PROGRAMS, PUBLICATIONS, AND DISTRIBUTION OF INFORMATION VIA THE NEWS MEDIA. THE SOCIETY/MUSEUM WILL PROVIDE INTERPRETIVE, RESEARCH AND PRESERVATION ASSISTANCE TO OTHER INSTITUTIONS AND INDIVIDUALS TO THE EXTENT ITS RESOURCES WILL ALLOW.

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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 $129,506
Program Service Revenue $6,136
Investment Income $41,974
Other Revenue $6,602
TOTAL REVENUE $184,218

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,598
Fundraising Expenses $8,660
Program Expenses $73,818
Other Expenses $77,498
TOTAL EXPENSES $164,096

Year-over-Year Comparison

2024 2023 Change
Revenue $184,218 $193,394 0.0%
Expenses $164,096 $151,397 +0.1%
Net Income $20,122 $41,997 -0.5%
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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Governance

Voting Members
17
Independent Members
17
Employees
3
Volunteers
50

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
6
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ART SORENSEN President & CEO 0.40
Officer Director
$0 $0 $0
JANE PETERSEN Director 0.20
Director
$0 $0 $0
CATHY DRIVER Director 0.20
Director
$0 $0 $0
ANGIE OLSON Director 0.20
Director
$0 $0 $0
ERIC SORENSEN Director 0.20
Director
$0 $0 $0
RENEE BUNCK Vice President 0.40
Officer Director
$0 $0 $0
JULIE HINDMARSH Secretary 0.40
Officer Director
$0 $0 $0
MOLLY PADEN Director 0.20
Director
$0 $0 $0
GREG BEAM Director 0.20
Director
$0 $0 $0
BOB MISSEL Director 0.20
Director
$0 $0 $0
JIM MANHART Treasurer 0.40
Officer Director
$0 $0 $0
JUDY EKELER Director 0.20
Director
$0 $0 $0
JULIE O'HANLON Director 0.20
Director
$0 $0 $0
BILL WAGNER Director 0.20
Director
$0 $0 $0
NONA WIESE Director 0.20
Director
$0 $0 $0
LORI DAHL Director 0.20
Officer Director
$0 $0 $0
JOE DICKMEYER Director 0.20
Officer 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 $184,218 $164,096 $1,382,996 $20,122
2024 $193,394 $151,397 $1,360,968 $41,997
2023 $147,249 $154,118 $1,323,398 $-6,869
2022 $194,431 $169,895 $1,330,986 $24,536
2021 $152,894 $160,329 $1,312,460 $-7,435
2020 $263,297 $159,143 $1,313,446 $104,154
2019 $116,862 $159,080 $1,234,130 $-42,218
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