Anoka County Historical Society

Nonprofit profile at a glance

EIN
411375036
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Anoka, MN, USA
Phone
7634210600
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies & Historic Preservation

Official website

Reported finances

Revenue
$283,591
Expenses
$311,247
Assets
$640,881
Liabilities
$8,977

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • STEVE FLORMAN (PRESIDENT)

Highest reported compensation

  • REBECCA DESENS (EXECUTIVE DI): $73,458 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to gather, preserve and share the stories of all the people and communities that are part of anoka county. Values statement: the anoka county historical society is an inclusive organization accountable for presenting and celebrating both the told and untold stories of anoka county. We invite people to join us on this journey to ignite curiosity about the past and to understand our shared experiences.

What it reported doing in 2024

Since 2020, we have focused on program and collection accessibility to help researchers and the generally curious outside office hours. This has meant recording conversations for history 21: the podcast, converting films and tapes to digital formats, making digital images of the artifacts, and transcribing manuscripts. We continue to add portions of our collection to the online database, mncollections, available through our website, and add bonus content to history 21: the vault for subscribers. Our work in 2023 was to set the stage for presenting programming from our bookshelf and recording them. This will provide a lower-cost alternative for people to enjoy our programs, acting like on-demand viewing services. Sharing information also entails adding and maintaining content on our website, anokacountyhistory.org. In addition to the podcast, calendar, and digital programs, this also means creating online exhibits, blogs, and links to news clips. Views on our website reached 40,000 people in 2023. The collection of achs is also shared with the public through fulfilling research requests, which totalled 622 in 2023. Social media has provided a mechanism to share the joys of our colelciton with teh public in an interactie and daily way. We have grown our facebook presence to 6,500 followers, wiht most posts achieving 20,000 impressions. Physical exhibits continue to be a mainstay of the musuem world and achs is no exception. We maintain a 3,000 square foot exhibit hall plus off-site spaces including the centerville city hall, library cases, and special events in linwood.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.7%; rating input score 60
  • Program expense ratio: 49.9%; rating input score 50
  • Fundraising efficiency: $4.19 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.8%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 2.06; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 23.6%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 59.7% of revenue deployed · 49.9% of spending went to programs
  • Governance: 14 of 14 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $155K in reported program spending
  • Leadership: top reported pay $73K · 15 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.