Wright County Historical Society

IRS exemption revoked

Buffalo, MN501(c)(3)EIN 41-1293863

Collect, preserve, and share wright county's history.

92¢ of each $1 spent went to programs.
Run by 50 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
Revoked
IRS exemption revoked
IRS Auto-Revocation List
Is it filing on time?
FY2022
latest Form 990
IRS e-file · Filing history
Is it financially stable?
3 of 4
years in the black
Pt I · Ln 19 · 4 filings
How much reaches the programs?
92%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
3 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $10K
Funders’ Sch. I, 990-PF
Do they carry debt?
$0
liabilities
Pt X · Ln 26
Who oversees it?
10
independent of 10 voting board members
Pt VI · Ln 1a–1b
Revenue
$330K
-18% vs prior year
Spent
$340K
To programs
92%
Net assets
$648K
By yearFY2019–FY2022
Revenue
$330K
FY2022▼ -18%
Revenue by fiscal year
FY2019$323K
FY2020$334K
FY2021$401K
FY2022$330K
Expenses
$340K
FY2022▼ -3%
Expenses by fiscal year
FY2019$317K
FY2020$325K
FY2021$350K
FY2022$340K
Net assets
$648K
FY2022▼ -2%
Net assets by fiscal year
FY2019$602K
FY2020$618K
FY2021$658K
FY2022$648K

From the FY2022 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2026

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list.
Can I give now?
No — exemption revoked (2026-05-15)
On the IRS revocation list.
Filing up to date?
Last filed FY2022 — 4 yrs ago
Legal name (IRS)Hdr · item CWright County Historical Society
EINHdr · item D41-1293863
Exempt statusHdr · item IRevoked
Ruling yearIRS BMFAug 1983
Latest filingForm 990FY2022 · Form 990
Principal addressHdr · item CBuffalo, MN
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwrighthistory.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Program services92%$314K
Management & general6%$19K
Fundraising2%$6K
Total functional expensesLn 25$340K

Financial health

Is it on solid ground?

Program efficiency
92%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
9.9mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -124% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$648K
FY2022▼ -2%
Total assets by fiscal year
FY2019$602K
FY2020$667K
FY2021$658K
FY2022$648K
Total liabilities
$0
FY2022
Total liabilities by fiscal year
FY2019$0
FY2020$48K
FY2021$0
FY2022$0
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$648K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$93K
Total assetsLn 16$648K
Total liabilitiesLn 26$0
Total net assetsLn 32$648K
Months of cash on handcomputed3.3

Statement of Revenue

Part VIII
Contributions & grants$322K · 98%
Investment income$3K · 1%
Other revenue$4K · 1%
Contributions & grants98%$322K
Investment income1%$3K
Other revenue1%$4K
— government grantsLn 1e$311K
Total revenueLn 12$330K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $281K · Operating expenses/yr $340K
9.9 months
Where the money goes
Program services
Program services $314K · Total expenses $340K
92%
Management & General
Management & general $19K · Total expenses $340K
6%
Fundraising
Fundraising $6K · Total expenses $340K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $14K
$0.48 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $322K · Total revenue $330K
98%
Government reliance
Government grants $311K · Total revenue $330K
94%
Earned-income share
Program service revenue $0 · Total revenue $330K
0%
Investment reliance
Investment income $3K · Total revenue $330K
+0.9%
Program self-sufficiency
Program service revenue $0 · Total expenses $340K
0%
Growth & trend
Revenue growth (YoY)
This year $330K · Prior year $401K
-18%
Net-asset trend (YoY)
End of year $648K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $330K · Expenses $340K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $648K
—
Net-asset ratio
Net assets $648K · Total assets $648K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $188K · Total assets (Pt X, ln 16) $648K
29%
People & payroll
Highest Reported Total Compensation
Individual Ken Gregornik · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $340K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $246K · Total expenses $340K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 6%——
Fundraising cost ratio 2%——
Revenue growth -18%——
Accounting fee ratio 0.8%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Wright County Historical Society executive salaries →

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Preserves and shares Wright County's history through collection and presentation.

Provided by the organization

This section is blank until Wright County Historical Society claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $314K of program spending, described in the organization's own filed words · FY2022.
01

Exhibit gallery and historical buildings. WCHS' 3-d and archival collections are exhibited free of charge in 3 exhibit gallery areas and in the form of 5 historical structures. Each exhibit is geared to teach and communicate the history of wright county through its artifact collection.

$226Kprogram expense
02

Library and Archives

WCHS provides free access to a reference library collection of wright county history which includes archives, books, newspapers, subject files and microfilm of newswpapers, census records, naturalization records, probate records, death records, and more.

$78Kprogram expense
03

Museum programs. WCHS invites the public, free of charge, to see volunteers demonstrate various historic and modern arts and crafts, household chores, and agricultural skills and possibly teach the skill to others. In 2022, over 1800 people visited special programs.

$9Kprogram expense

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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 · FY2024
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2022 Latest Viewing $330K$340K-18% 990 PDF
FY2021 $401K$350K+20% 990 PDF
FY2020 $334K$325K+3% 990 PDF
FY2019 $323K$317K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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