LEMHI COUNTY HISTORICAL SOCIETY INC

EIN: 820257581 501(c)(3)

SALMON, ID

Total Revenue
$188,705
Total Expenses
$135,048
Total Assets
$612,679
Net Assets
$610,477
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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
ID
Principal Officer
HOPE BENEDICT
Phone
2087563342
Tax Period
2024-01-01 to 2024-12-31

LEMHI COUNTY HISTORICAL SOCIETY INC, founded in 1960, is a small nonprofit that reported $189K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 28% operating margin.

Mission

TO HELP RESTORE AND PRESERVE THE HISTORY OF LEMHI COUNTY, IDAHO

Program Service Accomplishments

Program 1
Expenses: $112,236 Revenue: $3,367

THE LEMHI COUNTY MUSEUM CELEBRATES AND HONORS LEMHI COUNTY HISTORY, SHOWCASING THE ARTIFACTS OF THE MULTICULTURAL PEOPLES THAT HAVE SETTLED IN THE VALLEY SINCE THE LATE 1800S. LOCATED IN THE RURAL...

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THE LEMHI COUNTY MUSEUM CELEBRATES AND HONORS LEMHI COUNTY HISTORY, SHOWCASING THE ARTIFACTS OF THE MULTICULTURAL PEOPLES THAT HAVE SETTLED IN THE VALLEY SINCE THE LATE 1800S. LOCATED IN THE RURAL COMMUNITY OF SALMON, IDAHO, THE BIRTHPLACE OF SACAJAWEA, THE LEMHI COUNTY MUSEUM IS PROUD TO EXHIBIT AND SHARE THE RICH HISTORY OF THE AREA. FIVE HISTORICAL TOPICS ARE ON PERMANENT EXHIBIT IN THE PRIMARY MUSEUM AT 210 MAIN STREET AND EXHIBIT AT 204 MAIN: 1. SHOSHONE ARTIFACTS EXHIBIT: THE LARGEST EXISTING COLLECTION OF SHOSHONI ARTIFACTS. 2. MINING ARTIFACTS EXHIBIT: THE 1866 DISCOVERY OF GOLD AND THE RESULTING COMMUNITY OF MINERS, RANCHERS, AND LUMBERMAN. 3. RANCHING EXHIBIT: ASPECTS OF LIFE IN THE AMERICAN WEST. 4. CHINESE ARTIFACT EXHIBIT: PHOTOGRAPHS AND ARTIFACTS FROM THE LOCAL CHINESE POPULATION THAT ARRIVED WITH THE DISCOVERY OF GOLD. 5. RAY EDWARDS ESTATE EXHIBIT: A COLLECTION OF CHINESE, JAPANESE, AND TIBETAN RELICS DONATED BY THE RAY EDWARDS ESTATE AS A TRIBUTE TO HIS MINING AND RANCHING ANCESTORS. 6. A RIVER OF HISTORY: CONNECTING PAST, PRESENT, AND FUTURE: THE MUSEUM HAS CREATED A NEW AND EVOLVING EXHIBIT COMMEMORATING THE HISTORY AND CONTINUING IMPORTANCE OF THE REGIONS RIVERS. IT IS LOCATED NEXT DOOR TO THE PRIMARY MUSEUM AT 204 MAIN STREET AND FEATURES RIVER-RELATED ARTIFACTS AND PHOTOGRAPHIC EXHIBITS. WE ALSO HOST A NUMBER OF LECTURES IN THIS VENUE EXAMINING THE HISTORY AND ECOSYSTEMS OF THE VARIOUS REGIONAL RIVERS. THIS BUILDING WILL ALSO HOUSE NEW EXHIBITS, TRAVELING EXHIBITS, AND THE SHIRLEY WALKER LEMHI COUNTY HISTORY RESEARCH CENTER. THE LEMHI COUNTY HISTORICAL SOCIETY AND MUSEUM OFFERS HISTORICAL TOURS AND HOLDS VARIOUS EVENTS THROUGHOUT THE YEAR INCLUDING COMMEMORATIONS AND LUNCHEONS. THE MUSEUM IS ALSO INVOLVED IN KEY PROJECTS TO RESTORE AND PRESERVE LOCAL HISTORICAL SITES INCLUDING THE GILMORE MERCANTILE AND THE FRED AND THELMA RAMEY SALMON GRANGE MUSEUM.

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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 $159,324
Program Service Revenue $3,367
Investment Income $10,118
Other Revenue $15,896
TOTAL REVENUE $188,705

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,316
Fundraising Expenses $0
Program Expenses $112,236
Other Expenses $48,732
TOTAL EXPENSES $135,048

Year-over-Year Comparison

2024 2023 Change
Revenue $188,705 $145,316 +0.3%
Expenses $135,048 $83,160 +0.6%
Net Income $53,657 $62,156 -0.1%
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
9
Employees
3
Volunteers
22

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
4
$72,955
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOPE BENEDICT PRESIDENT 40.00
Officer
$70,000 $0 $70,000
CAMI HAVEMANN ERNEST TREASURER 3.00
Officer
$2,955 $0 $2,955
DALE FORD DIRECTOR 2.00
Director
$0 $0 $0
LINDA HEFFNER DIRECTOR 2.00
Director
$0 $0 $0
WAYNE JOHNSON BOARD CHAIRM 2.00
Director
$0 $0 $0
BOB PERRY DIRECTOR 2.00
Director
$0 $0 $0
TONI RUTH DIRECTOR 2.00
Director
$0 $0 $0
FRED SNOOK DIRECTOR 2.00
Director
$0 $0 $0
JOHN LOGAN VICE PRESIDE 10.00
Officer
$0 $0 $0
MERRY LOGAN SECRETARY 2.00
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 $188,705 $135,048 $612,679 $53,657
2023 $145,316 $83,160 $562,302 $62,156
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