IDAHO HERITAGE TRUST INCORPORATED

EIN: 943100042 501(c)(3) Arts, Culture & Humanities

BOISE, ID

Total Revenue
$1,009,939
Total Expenses
$638,891
Total Assets
$18,799,641
Net Assets
$17,471,426
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
ID
Principal Officer
KATHERINE KIRK
Phone
2085792382
Tax Period
2024-01-01 to 2024-12-31

IDAHO HERITAGE TRUST INCORPORATED, founded in 1989, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. The organization ran a surplus of $371K, a strong 37% operating margin.

Mission

TO PROTECT AND INTERPRET A LEGACY OF IMPORTANT HISTORICAL AND CULTURAL RESOURCES IN THE STATE OF IDAHO FOR PRESENT AND FUTURE GENERATIONS. TO MAINTAIN A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE OFFICIALS OF THE STATE OF IDAHO, ITS VARIOUS AGENCIES AND POLITICAL SUBDIVISIONS AND THE CITIZENS THROUGHOUT IDAHO WHO HAVE COMMON INTERESTS IN PROTECTING THE LEGACY OF IDAHO AND HER HISTORY FOR THE ENJOYMENT AND EDUCATION OF FUTURE GENERATIONS. TO ADVANCE THE APPRECIATION OF IDAHO'S HISTORICAL AND CULTURAL RESOURCES THROUGH EDUCATION, PROTECTION AND RESTORATION OF RESOURCES. PRESERVE THE HISTORIC FABRIC OF IDAHO FOR OUR STATE'S BICENTENNIAL IN 2090 THROUGH A PROGRAM OF GRANTS AND TECHNICAL, ARCHITECTURAL, ENGINEERING AND CONSERVATION ADVICE. HAVE PROVIDED GRANTS AND TECHNICAL ASSISTANCE IN EVERY COUNTY AND REGION OF IDAHO. AWARDED MORE THAN 66% OF GRANTS TO COMMUNITIES OF 5,000 OR LESS POPULATION.

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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 $456,108
Program Service Revenue $0
Investment Income $553,831
Other Revenue $0
TOTAL REVENUE $1,009,939

Expense Breakdown

Grants Paid $251,065
Salaries & Benefits $135,273
Fundraising Expenses $0
Program Expenses $418,601
Other Expenses $252,553
TOTAL EXPENSES $638,891

Year-over-Year Comparison

2024 2023 Change
Revenue $1,009,939 $994,283 +0.0%
Expenses $638,891 $1,285,203 -0.5%
Net Income $371,048 $-290,920 -2.3%
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
13
Independent Members
13
Employees
1
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE KIRK EXECUTIVE DI 40.00
Highest
$105,000 $0 $105,000
CHRIS ANTON FINANCE CM 3.00
Director
$0 $0 $0
HOPE BENEDICT GRANT REVIEW 3.00
Director
$0 $0 $0
SUZANNE BUDGE DIRECTOR/SPE 3.00
Director
$0 $0 $0
TERRY CLARK DIRECTOR 3.00
Director
$0 $0 $0
JOAN DAVIES DIRECTOR 3.00
Director
$0 $0 $0
AMY LINVILLE SECRETARY/GO 5.00
Officer Director
$0 $0 $0
JUDY MORTIMER DIRECTOR 3.00
Director
$0 $0 $0
JERRY MYERS VICE PRES/GO 5.00
Officer Director
$0 $0 $0
DENNIS O'BRIEN TREASURER/FI 5.00
Officer Director
$0 $0 $0
MARILYN SABELLA FINANCE CM 3.00
Director
$0 $0 $0
R JOHN TAYLOR GOVERNANCE C 3.00
Director
$0 $0 $0
LUKE WALDRON DIRECTOR 3.00
Director
$0 $0 $0
DONNA WOOLSTON PRESIDENT/GO 5.00
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
2024 $1,009,939 $638,891 $18,799,641 $371,048
2023 $994,283 $1,285,203 $16,902,320 $-290,920
2022 $2,432,382 $591,953 $14,947,707 $1,840,429
2021 $627,633 $391,045 $17,430,404 $236,588
2021 $871,426 $395,766 $16,703,226 $475,660
2020 $883,640 $405,167 $13,255,123 $478,473
2019 $1,024,194 $359,273 $12,403,595 $664,921
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