Paynesville Historical Society in Paynesville, Minnesota (MN)

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Paynesville Historical Society
Employer Identification Number (EIN)237196159
Name of OrganizationPaynesville Historical Society
Address251 Ampe Drive, Paynesville, MN 56362
ActivitiesHistorical site, records or reenactment
SubsectionEducational Organization
Ruling Date11/1972
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$21,018
Amount of Income$50,734
Form 990 Revenue Amount$50,734

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$50,734
Contributions, Gifts, Grants and Other Similar Amounts$49,431
Program Service Revenue$1,133
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$170
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Gross amount from sales of assets other than inventory (Securities / Other)$4,002 / $0
Less: cost or other basis and sales expenses (Securities / Other)$4,002 / $0
Gain or (loss) (Securities / Other)$0 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$66,182
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$11,532
Payroll taxes$4,211
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$21,018
Total liabilities$0
Total net assets or fund balances$21,018
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$147,147
Gifts, grants, contributions, and membership fees received$147,147
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$1,303
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