Historic Hermann INC

Tax-deductible

Hermann, MO501(c)(3)Arts & CultureEIN 23-7023444Revenue $49K in FY2023

On file with the IRShistorichermann.comPo Box 105, 65041-0105 · Hermann, MOTax-exempt since Jan 1955Publicly supported — 509(a)(2)

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Preservation of Historic & cultural heritage

501(c)(3) charity; gifts are tax-deductible.
43¢ of each $1 spent went to programs.
Run by 16 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $8K a year · 17% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
43%
of spending
Concern: 43% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
82
of 12 voting members
Looks good: 82 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$49K
+14% vs prior year
Spent
$39K
To programs
43%
Net assets
$577K
By yearFY2020–FY2023
Revenue
$49K
FY2023▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$21K
FY2021$70K
FY2022$43K
FY2023$49K
Expenses
$39K
FY2023▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$38K
FY2021$35K
FY2022$39K
FY2023$39K
Net assets
$577K
FY2023▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$545K
FY2021$591K
FY2022$534K
FY2023$577K

From the FY2023 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jan 1955.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

43 cents of each dollar spent went to programs.

Program services 43% · $17K Management & general 55% · $22K Fundraising 2% · $685

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
V-President
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves historic and cultural heritage through conservation and education.

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Provided by the organization

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2 programs · in their own filed words · FY2023
01

German School Building

Historic and cultural landmark supported by rent receipts from various organizations for the use of physical structures. Expenses are allocated to rental expenses reported on line 6b, part 1.

Pt IX · col B
02

Museum

The german school museum is open to the public. Support is provided through admission fees and sales of souvenirs. Contributions of services and financial support aid in maintenance and operations.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$49K
Ln 12
Fees for servicesLn 2g$21K
Other incomeLn 4–11$13K
Investment incomeLn 3$11K
Money outPt IX
$39K
Ln 25
Programscol B$17K
Managementcol C$22K
Fundraisingcol D$685
Owns and owesPt X
$577K
net assets · Ln 32
Cash and savingsLn 1–2$41K
Total assetsLn 16$577K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b82
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Fees for servicesLn 2g$21K
Investment incomeLn 3$11K
Other incomeLn 4–11$13K
Total revenueLn 12$49K
Assets in detailPt X, end of year
CashLn 1$31K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$41K
InvestmentsLn 11–13$346K
Land, buildings, equipmentLn 10c$174K
Total assetsLn 16$577K
LiabilitiesLn 26$0
Net assetsLn 32$577K
OperationsPt I, VI
EmployeesI 50
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$42K$41K
InvestmentsLn 11–13$305K$346K
Land, buildings, equipmentLn 10c$174K$174K
Total assetsLn 16$534K$577K
LiabilitiesLn 26$0$0
Net assetsLn 32$534K$577K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$4K$4K
Investment management feesLn 11f$399$399
Other fees for servicesLn 11g$304$304
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$1K$685
OccupancyLn 16$19K$9K$10K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$5K$5K$505
All other expensesLn 24e$383$233$150
Total functional expensesLn 25$39K$17K$22K$685

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $49K$39K$9K$577K 990 PDF
FY2022 $43K$39K$4K$534K 990 PDF
FY2021 $70K$35K$34K$591K 990 PDF
FY2020 $21K$38K−$18K$545K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $48,904 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,260$4,359
I-9 Program service revenuePrior year $19,612$20,693
I-10 Investment incomePrior year $12,091$11,210
I-11 Other revenuePrior year $8,059$12,642
I-12 Total revenuePrior year $43,022$48,904
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $38,934$39,477
I-18 Total expensesPrior year $38,934$39,477
I-19 Revenue less expensesPrior year $4,088$9,427
Part VI · Governance 82 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members82
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $48,904 across 6 lines filed
Lines not itemized here account for $8,571 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$4,359
VIII-1h Total contributions, gifts and grants$4,359
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,693$20,693
VIII-3 Investment incomeRelated to mission $11,210$11,210
VIII-8 Net income from fundraising events$4,071
VIII-12 Total revenueRelated to mission $40,474$48,904
Part IX · Statement of functional expenses $39,477 across 10 lines filed
IX-11c Accounting feesManagement $3,686$3,686
IX-11f Investment management feesManagement $399$399
IX-11g Other fees for servicesManagement $304$304
IX-12 Advertising and promotionManagement $1,464$1,464
IX-13 Office expensesManagement $1,012 · Fundraising $685$1,697
IX-16 OccupancyPrograms $9,067 · Management $10,277$19,344
IX-22 Depreciation, depletion and amortizationPrograms $3,141$3,141
IX-23 InsuranceManagement $3,999$3,999
IX-24 Other expenses (24a–d)Programs $4,555 · Management $505$5,060
IX-24e All other expensesPrograms $233 · Management $150$383
IX-25 Total functional expensesPrograms $16,996 · Management $21,796 · Fundraising $685$39,477
Part X · Balance sheet $576,787 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $32,199$31,393
X-2 Savings and temporary cash investmentsStart of year $9,884$9,789
X-8 Inventories for sale or useStart of year $12,711$15,062
X-10c Land, buildings and equipment, netStart of year $173,615$174,470
X-11 Publicly traded securities−$4
X-12 Other securitiesStart of year $305,156$346,077
X-16 Total assetsStart of year $533,565$576,787
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $533,565$576,787
X-32 Total net assets or fund balancesStart of year $533,565$576,787
X-33 Total liabilities and net assetsStart of year $533,565$576,787
Part XI · Reconciliation of net assets $576,787 net assets at year end
XI-1 Total revenue$48,904
XI-2 Total expenses$39,477
XI-3 Revenue less expenses$9,427
XI-4 Net assets at start of year$533,565
XI-5 Net unrealized gains (losses) on investments$33,795
XI-10 Net assets at end of year$576,787

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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