Beloit Historical Society FY2020 filing

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The vision of the Beloit Historical Society is to make history a focal point of community pride and to serve as a constant reminder to the community of its great and diverse heritage. This is accomplished by collecting and sharing historic records and objects through a variety of methods including exhibitions, programming, the bhs website and newsletter.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $79K a year · 30% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Plus $1.0M in investments, Pt X · Ln 11–13
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$194K
Spent
$166K
To programs
59%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$194K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$194K
FY2021$210K
FY2022$196K
FY2023$161K
FY2024$542K
Expenses
$166K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$166K
FY2021$172K
FY2022$198K
FY2023$176K
FY2024$196K
Net assets
$1.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.2M
FY2023$1.3M
FY2024$1.7M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1966.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $98K Management & general 30% · $49K Fundraising 11% · $18K

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

9 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$44,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Donna Langford$48,000$46,000$46,000$46,000$44,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Beloit Historical Society executive salaries →

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

Collects and shares local history through exhibits and programs, fostering community pride.

Questions for Beloit Historical Society

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1 program · $98K · in their own filed words · FY2020
01

Our major program service is the care and housing of our collections at our headquarters building lincoln center. These collections of objects, books, papers, etc. Form the foundation of all other services and programming we provide. We handle hundreds of research requests for genealogical and historical information.

$98Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$194K
Ln 12
Gifts and grantsLn 1h$96K
Investment incomeLn 3$80K
Fees for servicesLn 2g$17K
Money outPt IX
$166K
Ln 25
Programscol B$98K
Managementcol C$49K
Fundraisingcol D$18K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$72K
Total assetsLn 16$1.3M
LiabilitiesLn 26$5K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$96K
Government grantsLn 1e$29K
Noncash giftsLn 1g$6K
Fees for servicesLn 2g$17K
Investment incomeLn 3$80K
Other incomeLn 4–11$555
Gains on assetsLn 7$60K
Total revenueLn 12$194K
Assets in detailPt X, end of year
CashLn 1$32K
SavingsLn 2$40K
Cash and savings togetherLn 1–2$72K
InvestmentsLn 11–13$1.0M
Land, buildings, equipmentLn 10c$140K
Other assetsLn 15$70K
Total assetsLn 16$1.3M
LiabilitiesLn 26$5K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$70K$64K$62K$291K$273K
Given inLn 1b$500
SpentLn 1d–1f$1K$8K$224K$3K$6K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$110K$72K
InvestmentsLn 11–13$889K$1.0M
Land, buildings, equipmentLn 10c$149K$140K
Total assetsLn 16$1.2M$1.3M
LiabilitiesLn 26$9K$5K
Net assetsLn 32$1.2M$1.3M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$44K$21K$15K$9K
Other salaries and wagesLn 7$33K$16K$11K$7K
Payroll taxesLn 10$6K$3K$2K$1K
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$713$713
Advertising and promotionLn 12$795$795
Office expensesLn 13$5K$3K$2K$855
Information technologyLn 14$2K$2K$256
OccupancyLn 16$28K$26K$2K
Conferences, conventions and meetingsLn 19$539$323$54$162
Depreciation, depletion and amortizationLn 22$18K$16K$2K
InsuranceLn 23$11K$8K$3K
Other expenses (24a–d)Ln 24$4K$4K$175
All other expensesLn 24e$743$420$323
Total functional expensesLn 25$166K$98K$49K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $542K$196K$347K$1.7M 990 PDF
FY2023Filed with the IRS Sep 9, 2024 $161K$176K−$16K$1.3M 990 PDF
FY2022Filed with the IRS Jun 12, 2023 $196K$198K−$1K$1.2M 990 PDF
FY2021Filed with the IRS Oct 27, 2022 $210K$172K$38K$1.4M 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $194K$166K$28K$1.3M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $193,740 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $60,484$96,388
I-9 Program service revenuePrior year $37,678$16,857
I-10 Investment incomePrior year $61,558$79,940
I-11 Other revenuePrior year $1,719$555
I-12 Total revenuePrior year $161,439$193,740
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $42,007$83,306
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $93,899$82,414
I-18 Total expensesPrior year $135,906$165,720
I-19 Revenue less expensesPrior year $25,533$28,020
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $193,740 across 9 lines filed
Lines not itemized here account for $530 of total revenue; see the IRS return.
VIII-1e Government grants$28,542
VIII-1f All other contributions, gifts and grants$67,846
VIII-1g Noncash contributions (included above)$6,352
VIII-1h Total contributions, gifts and grants$96,388
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,857$16,857
VIII-3 Investment incomeExcluded from tax $20,289$20,289
VIII-6 Net rental income or lossExcluded from tax $25$25
VIII-7 Net gain or loss on sales of assetsExcluded from tax $59,651$59,651
VIII-12 Total revenueRelated to mission $17,387 · Unrelated business $0 · Excluded from tax $79,965$193,740
Part IX · Statement of functional expenses $165,720 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $20,583 · Management $14,865 · Fundraising $8,552$44,000
IX-7 Other salaries and wagesPrograms $15,581 · Management $11,175 · Fundraising $6,685$33,441
IX-10 Payroll taxesPrograms $2,739 · Management $1,972 · Fundraising $1,154$5,865
IX-11c Accounting feesManagement $9,646$9,646
IX-11f Investment management feesManagement $1,692$1,692
IX-11g Other fees for servicesManagement $713$713
IX-12 Advertising and promotionFundraising $795$795
IX-13 Office expensesPrograms $2,556 · Management $1,879 · Fundraising $855$5,290
IX-14 Information technologyPrograms $1,630 · Management $256$1,886
IX-16 OccupancyPrograms $25,996 · Management $2,080$28,076
IX-19 Conferences, conventions and meetingsPrograms $323 · Management $54 · Fundraising $162$539
IX-22 Depreciation, depletion and amortizationPrograms $16,109 · Management $1,790$17,899
IX-23 InsurancePrograms $8,025 · Management $2,675$10,700
IX-24 Other expenses (24a–d)Programs $4,260 · Management $175$4,435
IX-24e All other expensesPrograms $420 · Management $323$743
IX-25 Total functional expensesPrograms $98,222 · Management $49,295 · Fundraising $18,203$165,720
Part X · Balance sheet $1,303,957 assets, 15 lines filed
X-1 Cash, non-interest-bearing$31,927
X-2 Savings and temporary cash investmentsStart of year $110,144$40,062
X-8 Inventories for sale or useStart of year $1,129$1,129
X-9 Prepaid expenses and deferred chargesStart of year $111$60
X-10c Land, buildings and equipment, netStart of year $149,046$139,757
X-11 Publicly traded securitiesStart of year $431,937$952,765
X-12 Other securitiesStart of year $457,455$67,872
X-15 Other assetsStart of year $64,218$70,385
X-16 Total assetsStart of year $1,214,040$1,303,957
X-17 Accounts payable and accrued expensesStart of year $8,577$5,043
X-26 Total liabilitiesStart of year $8,577$5,043
X-27 Net assets without donor restrictionsStart of year $886,577$968,578
X-28 Net assets with donor restrictionsStart of year $318,886$330,336
X-32 Total net assets or fund balancesStart of year $1,205,463$1,298,914
X-33 Total liabilities and net assetsStart of year $1,214,040$1,303,957
Part XI · Reconciliation of net assets $1,298,914 net assets at year end
XI-1 Total revenue$193,740
XI-2 Total expenses$165,720
XI-3 Revenue less expenses$28,020
XI-4 Net assets at start of year$1,205,463
XI-5 Net unrealized gains (losses) on investments$59,265
XI-9 Other changes in net assets$6,166
XI-10 Net assets at end of year$1,298,914

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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