PLATINUM2023

Minerva Historical Association

MHS - Preserve, Protect and Promote

aka Minerva Historical Association   |   Olmstedville, NY
GuideStar Charity Check

Minerva Historical Association

EIN: 14-1606371


Mission

The mission of the Minerva Historical Society is to preserve, protect, and promote the history of the Town of Minerva.

Ruling year info

1985

Board President

Nancy Shaw

President, Board of Trustees

Cynthia Perkins

Main address

P.O. Box 1

Olmstedville, NY 12857 USA

Show more contact info

EIN

14-1606371

Subject area info

Cultural awareness

Museums

Historical activities

Education

Environment

Population served info

Children and youth

Adults

Families

Academics

Veterans

NTEE code info

Historical Societies and Related Activities (A80)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Preserve the history of the hamlet of Minerva, New York.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Minerva Historical Society's Programming Pathways

The Minerva Historical Society offers quarterly programs to its membership and the general public. Our local historical museum is open throughout the summer and offers in house tours and outreach to our local school and senior center. The Society also offers a quarterly newsletter which is mailed to membership as well as posted on the Society website. Please see below for more specific information on our programs.

Population(s) Served

The Minerva Historical Society offers quarterly programs which are available to it's members and the general public. The programs center on but are not limited to the history of Minerva, the Adirondack Park and surrounding areas. Guest speakers have included authors, craftsman, artists, veterans, local business owners and historical recreators.

Population(s) Served
Adults
Veterans
Families
Researchers
Retired people

By collecting, preserving, and interpreting material associated with its past we hope to foster knowledge and appreciation of our town.

The Minerva Historical Society acquired the United Methodist Church of Olmstedville (which became our museum) and the historic Federal Flats Cemetery, in 1979.

The Cemetery Committee oversees the maintenance and repair of the headstones as well as ensuring that the grounds are well kept with help from our Building and Grounds Committee. The Museum is maintained by the Building and Grounds Committee.

The Minerva Historical Society acquired the Irishtown Schoolhouse in July of 1994. Since that time the Society has focused on the restoration and maintenance of the building. The Society was the recipient of the Adirondack Architectural Heritage Award for the work done to preserve the structure and history of the schoolhouse which was built in 1847.

Population(s) Served
Adults
Families
Academics
Veterans

The Society offers an annual field trip to the Museum to students from the local elementary students. During the visit students are given a tour of the new exhibit. Question and answer sessions are provided. Students are invited to draw a picture and or write an essay of one of the items they viewed during the tour which are then entered into a contest. Three winners are chosen from each grade level. The Society also visits the school upon request by classroom educators to discuss historical topics being covered in the classroom.

Population(s) Served
Children and youth
Adults
Children and youth
Adults
Children and youth
Adults
Children and youth
Adults

Since 1986, the Minerva Historical Society has given scholarships to seniors from Minerva Central School who demonstrate outstanding achievement. wishing to honor the memory of Mabel Merryfield Jones with a lasting memorial, the scholarship fund known as the Mable Jones Scholarship was created in her honor. While honoring Mabel, the grant provides a continuing benefit to our community.

Population(s) Served
Students

The Minerva Historical Society maintains local family historical and genealogy records which are available for research.

Population(s) Served
Adolescents
Adolescents
Retired people

The Minerva Historical Society has published a quarterly newsletter since April of 1971 without missing one issue. The Quarterly covers relevant historical personages and events to the community of Minerva Current events are covered as well so that future generations will have a connection to the ongoing history of their town.

Population(s) Served
Academics
Families
Veterans
Academics
Children and youth
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of free participants on field trips

This metric is no longer tracked.
Totals By Year
Related Program

Minerva Historical Society's Programming Pathways

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Keeping our community active and engaged, to attract new residents.

We present educational programs in the community sharing our local history.
We open our museum with historical exhibits of local artifacts.

We offer scholarships to our graduating high school seniors.
We offer an essay program to our elementary students.

Financials

Minerva Historical Association
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

25.91

Average of 2.59 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

26

Average of 2.6 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Minerva Historical Association

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Minerva Historical Association

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Minerva Historical Association

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Minerva Historical Association’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2022
Unrestricted surplus (deficit) before depreciation -$36,266
As % of expenses -126.9%
Unrestricted surplus (deficit) after depreciation -$36,266
As % of expenses -126.9%
Revenue composition info
Total revenue (unrestricted & restricted) -$4,991
Total revenue, % change over prior year 0.0%
Program services revenue -37.0%
Membership dues 0.0%
Investment income -77.3%
Government grants 0.0%
All other grants and contributions -340.9%
Other revenue 555.2%
Expense composition info
Total expenses before depreciation $28,577
Total expenses, % change over prior year 0.0%
Personnel 0.0%
Professional fees 28.1%
Occupancy 25.0%
Interest 0.0%
Pass-through 7.8%
All other expenses 39.1%
Full cost components (estimated) info 2022
Total expenses (after depreciation) $28,577
One month of savings $2,381
Debt principal payment $0
Fixed asset additions $0
Total full costs (estimated) $30,958

Capital structure indicators

Liquidity info 2022
Months of cash 26.0
Months of cash and investments 128.4
Months of estimated liquid unrestricted net assets 29.6
Balance sheet composition info 2022
Cash $61,909
Investments $243,905
Receivables $0
Gross land, buildings, equipment (LBE) $0
Accumulated depreciation (as a % of LBE) 0.0%
Liabilities (as a % of assets) 3.8%
Unrestricted net assets $70,608
Temporarily restricted net assets N/A
Permanently restricted net assets N/A
Total restricted net assets $229,706
Total net assets $300,314

Key data checks

Key data checks info 2022
Material data errors No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Board President

Nancy Shaw

President, Board of Trustees

Cynthia Perkins

Number of employees

Source: IRS Form 990

Minerva Historical Association

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Minerva Historical Association

Board of directors
as of 06/11/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Nancy Shaw

Cynthia Perkins

Sharon Stone

Nancy Shaw

retired

Joyce Tuffey

retired

Kathy Halloran

retired

Selina LeMay-Klippel

Kate McCormick

Julie Milner

Michael Corey

Teresa Brannon-Strohmeyer

Patricia Morrison

Ronnie Silver

Organizational demographics

SOURCE: Self-reported; last updated 4/5/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data