SIMPSON COUNTY HISTORICAL SOCIETY

EIN: 611034069 501(c)(3)

FRANKLIN, KY

Total Revenue
$210,655
Total Expenses
$203,644
Total Assets
$635,959
Net Assets
$633,038
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
KY
Principal Officer
JAMES HENRY SNIDER PRESIDENT
Phone
2705864228
Tax Period
2024-01-01 to 2024-12-31

SIMPSON COUNTY HISTORICAL SOCIETY, founded in 1985, is a small nonprofit that reported $211K in total revenue in fiscal year 2024. Expenses of $204K left a modest 3% surplus.

Mission

TO MANAGE THE SIMPSON COUNTY ARCHIVES AND MUSEUM AND TO ENCOURAGE THE PRESERVATION OF HISTORY IN FRANKLIN AND SIMPSON COUNTY.

Program Service Accomplishments

Program 1
Expenses: $177,669

TO MANAGE THE SIMPSON COUNTY ARCHIVES AND MUSEUM AND TO ENCOURAGE THE PRESERVATION OF HISTORY IN FRANKLIN AND SIMPSON COUNTY.

Program 2
Expenses: $1,000

TO PROVIDE COLLEGE SCHOLARSHIPS TO FRANKLIN-SIMPSON GRADUATES INTERESTED IN HISTORICAL FIELD.

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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 $49,725
Program Service Revenue $6,116
Investment Income $3,558
Other Revenue $151,256
TOTAL REVENUE $210,655

Expense Breakdown

Grants Paid $1,158
Salaries & Benefits $122,687
Fundraising Expenses $0
Program Expenses $178,669
Other Expenses $79,799
TOTAL EXPENSES $203,644

Year-over-Year Comparison

2024 2023 Change
Revenue $210,655 $204,061 +0.0%
Expenses $203,644 $185,098 +0.1%
Net Income $7,011 $18,963 -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
9
Independent Members
9
Employees
7
Volunteers
25

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
$64,336
Total Directors
9
$64,336
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILLY WILKERSON LIBRARIAN 40.0
Officer Director
$27,168 $0 $27,168
ELLEN SMITH ASSISTANT SECRETARY 40.0
Officer Director
$24,758 $0 $24,758
KIMBERLY CHASTAIN TREASURER 20.0
Officer Director
$12,410 $0 $12,410
JAMES HENRY SNIDER PRESIDENT 20.0
Officer Director
$0 $0 $0
CHARLIE MCCUTCHEN JR VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
LISSA NIX SECRETARY 1.0
Officer Director
$0 $0 $0
ANN COWHERD BOARD MEMBER 1.0
Director
$0 $0 $0
ROBERT MATTHEWS BOARD MEMBER 1.0
Director
$0 $0 $0
DALE MCCREARY BOARD MEMBER 1.0
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 $210,655 $203,644 $635,959 $7,011
2023 $204,061 $185,098 $628,472 $18,963
2022 $222,797 $171,042 $609,288 $51,755
2021 $311,218 $154,672 $562,107 $156,546
2020 $216,249 $124,453 $439,823 $91,796
2019 $197,546 $202,247 $260,900 $-4,701
2018 $246,008 $198,020 $265,367 $47,988
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