Olmsted Historical Society

Nonprofit profile at a glance

EIN
237419903
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Olmsted Falls, OH, USA
Phone
4407810717
Rating
93
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$80,748
Expenses
$84,610
Assets
$179,687

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • PAUL SCHUMANN (PRESIDENT)

People named in this filing

  • DAVID NEVILLE (VICE PRESIDE)
  • PAUL SCHUMANN (PRESIDENT)
  • ALEJANDRO CHOCK (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of the society is to bring persons together who are interested in the history that influenced the development of the olmsted area of northeast Ohio, to discover and collect artifacts which illustrate the history of the area, to preserve such artifacts and to make them available to all who wish to examine them, to cooperate with officials in ensuring the preservation and accessibility of the records and archives of the olmsted area, to understand the preservation is historic buildings and the dissemination of historical inforamtion. To further this purpose, the olmsted historical society manages the frostville museum, a 19th century village located in the clevealnd metroparks rocky river reservation.

What it reported doing in 2025

The olmsted historical society (ohs) maintains an archivist records room that is actively used by the public seeking information on the history of families in the olmsted area. Since 2005 there has been restoration of an 1840's historical church, a hearse barn, an 1838 home to the museum was moved with the assistance of volunteers, and other fundraising efforts to support the projects. The number of fully restored 19th century buildings currently stands at 13. Various educational events are held at the museum each year. Additionally, tours are conducted for individuals and groups. The society also operates a farmer's market year round. All events and all historical homes are opened to the public with volunteers interacting with the public and educating them about the history of the homes and the area. Ohs uses its year round fundraising efforts to maintain and restore the buildings on its campus, while keeping them true to their historical character. The society also utilizes its resources to provide historically-themed family-aimed programming for the public at large including summer teas and fall festivals.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95%; rating input score 95
  • Program expense ratio: 88%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -4.8%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 2.12; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 95% of revenue deployed · 88% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Sustainability: Operating margin scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.