2025-10-22T08:16:16-05:00 2024-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-01-01 426072050 Dubuque County Historical Society DUBU 5635579545 350 E 3rd St Dubuque IA 52001 Kurt Strand President & CEO 5635579545 2025-10-20 1 1 Deb Nelson CPA P01264758 6122536500 2025-10-20 2024 2025-03-06 01:10:19Z National Mississippi River Museum & Aquarium and National Rivers Hall of Fame Kurt Strand 350 E 3rd St Dubuque IA 52001 7717279 0 X www.rivermuseum.org X 1950 IA To interpret and protect the life, history and culture of our region and rivers. 19 19 193 154 267079 0 2523584 2565185 3218943 2929720 373815 1003200 953766 781087 7070108 7279192 0 0 0 0 3803847 3810012 0 0 344749 5089303 4489194 8893150 8299206 -1823042 -1020014 38357853 38808673 3204140 4829561 35153713 33979112 X To inspire stewardship by creating educational experiences where history and rivers come alive. 0 0 7056777 3377396 The Dubuque County Historical Society is comprised of the National Mississippi River Museum & Aquarium, which includes the William M. Black dredge steamboat (a National Historic Landmark), National Rivers Hall of Fame, RiverWorks Discovery, and other historic buildings and vessels on its 14-acre campus; and the Mathias Ham Historic Site, which includes Mathias Ham's Italianate villa, Iowa's oldest building, and other historic and recreated structures on the two-acre site. Museum operations and collections - The Museum is open 362 days of the year and served 181,712 onsite guests in 2024. The operations included inspiring stewardship by creating educational experiences where history and rivers come alive! (Continued on Schedule O)The collection consists of 2,248 animals of 255 species in our living collection and 21,555 artifacts/objects in our historical collection. We also have 4,400 linear feet of archival material and 8,400 books in our research library. Many of the collections are on display in the 4 buildings on both sites, including the library which serves as a research site.Museum education - The Museum provided special programming for 14,670 student groups, 11,107 adult groups and 28,328 people off-site in 2024. 7056777 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 193 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN IL WI X Thomas Lange 5635579545 350 E 3rd St Dubuque IA 52001 Tom Woodward Chair 2.00 X X 0 0 0 Jim Gantz Vice Chair 2.00 X X 0 0 0 Francis A Murray Secretary 2.00 X X 0 0 0 Sarah Hasken Treasurer 2.00 X X 0 0 0 Lori Thielen Director 1.00 X 0 0 0 Carol Bitter Director (Until Dec 24) 1.00 X 0 0 0 Mark Dickson Director (Until Nov 24) 1.00 X 0 0 0 Ernestine Moss Director 1.00 X 0 0 0 Chuck Schrup Director (Until Dec 24) 1.00 X 0 0 0 Dean Wilgenbusch Director 1.00 X 0 0 0 Gina Blasen Director 1.00 X 0 0 0 Tim Butler Director 1.00 X 0 0 0 Ken Furst Director (Until Dec 24) 1.00 X 0 0 0 Teri Goodmann Director 1.00 X 0 0 0 Wendy Knight Director 1.00 X 0 0 0 John M Bickel Director 1.00 X 0 0 0 Poppy Conlon Director 1.00 X 0 0 0 Chad Wolbers Director 1.00 X 0 0 0 Tyson Leyendecker Director 1.00 X 0 0 0 Kathy Buhr Director (As of Mar 24) 1.00 X 0 0 0 Brad Cavanagh Director (As of Mar 24) 1.00 X 0 0 0 Jeremy Putman Director (As of Mar 24) 1.00 X 0 0 0 Stephanie Meyers Director (As of Mar 24) 1.00 X 0 0 0 Kurt Strand CEO 40.00 X 264062 0 19935 Thomas Lange VP of Finance & Operations 40.00 X 81829 0 10264 345891 0 30199 1 0 1 0 The Henley Group LLC 730 E 59th St Davenport IA 52807 General Contractor 626620 J&D Catering 6835 Columbus St New Vienna IA 52065 Catering Services 137628 COST of Wisconsin Inc 4201 County Rd P Jackson WI 53037 Construction Services 122010 FEH Design 951 Main St Dubuque IA 52001 Architecture and Engineering 107779 4 515223 151054 443939 1454969 57373 2565185 Museum Admissions 711110 2352775 2352775 Tours and Historic Dining 561520 280604 13525 267079 296341 296341 2929720 221512 221512 86553 0 86553 86553 86553 781688 0 781688 781688 781688 11200 151054 31421 -20221 -20221 1121421 406666 714755 714755 7279192 3377396 267079 1069532 376091 28400 319291 28400 2863172 2432105 190108 240959 52991 45475 3555 3961 233622 195247 17935 20440 284136 217681 42782 23673 42515 42515 39151 39151 280390 229780 23294 27316 215917 215917 381367 350252 31115 30741 30741 566683 566683 37377 37377 20503 5453 15050 172604 172604 1796576 1796576 143764 143764 Food 213257 213257 Repairs & Maintenance 203863 203863 Collection Expenses 138787 138787 Education Expenses 65096 65096 140603 140323 280 8299206 7056777 897680 344749 6300 8300 532332 377313 1219162 848037 78438 209703 384559 355737 64512 151873 64040356 34487269 29557369 29553087 6515181 7304623 38357853 38808673 555961 556795 896480 540691 1751699 3617844 0 114231 3204140 4829561 X 30472776 28764850 4680937 5214262 35153713 33979112 38357853 38808673 -1020014 -154587 0 X 0 1 X 1 1 1 X 4279245 5369213 2898821 2523584 2565185 17636048 1539736 3411669 3662618 4083120 3784062 16481205 5818981 8780882 6561439 6606704 6349247 34117253 1778018 1396603 267633 283605 61629 3787488 0 1778018 1396603 267633 283605 61629 3787488 30329765 120889 219360 254914 282147 308065 1185375 5479 5479 120889 224839 254914 282147 308065 1190854 16833 57189 57962 98163 230147 883 883 5956703 9062910 6875198 6987014 6657312 35539137 0.85340 0.83740 0.03350 0.03390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 0 1 1 16.00 690 1 X X 0 6189421 328611 758583 337224 6939391 5613621 20000 860441 304641 6189421 6832962 597152 -1192228 624265 5613621 5844348 848078 783868 643332 6832962 5650310 305000 771573 882535 5844348 0.42620 0.57380 0.00000 1 0 150242 150242 32977410 16412573 16564837 1297487 819122 478365 29615217 17255574 12359643 29553087 Construction Payable 114231 114231 X 7802489 -154587 278948 124361 7678128 39151 -438087 -398936 7279192 8977090 278948 438087 717035 8260055 39151 39151 8299206 Part II, Line 9: The conservation easements are reported in property and equipment on the Balance Sheet. The facade easement includes a restriction which preserves the entire exterior of the building, including the front, sides, rear, and height of the building and prohibits any change in the exterior of the building which in inconsistent with the historical character of such exterior. A written agreement was entered into with the donor certifying that the donee organization has the resources to manage the historic preservation property and is committed to do so. Part III, Line 1a: The Society's collections are made up of artifacts of historical significance, art objects and similar assets that are held for educational, research, and curatorial purposes. Each of the items is cataloged, preserved and cared for; and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections. The collections, which were acquired through purchases and contributions since the Society's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Part III, Line 4: Cumulatively the artifacts of historic collections, from the decorative arts or everyday wares to the remnants of river and human industry, constitute the foundation of our organization's mission. These tangible ties to the past are the conduit for educators to form a human connection to the concepts taught. They are not static artifacts stuck in a time but remain relevant as we continue to add to the collection to "make history and rivers come alive." Part V, Line 4: The board has stipulated the allocation of investment income in excess of 5% annual return be added first, to permanently restricted investments, with the excess to operating investments. As it is the society's policy not to spend down the endowment funds, the society believes that the current spending policy, despite occasional adverse market conditions, will allow it to meet its objectives. This is consistent with the society's objective to maintain the purchasing power of the endowment assets held in perpetuity or for a specified term as well as to provide additional real growth through new gifts and investment returns. Part X, Line 2: Management believes that the Organization has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: COGS Reclassed to Revenue -406,666. Special Event Expenses Reclassed to Revenue -31,421. Part XII, Line 2d - Other Adjustments: COGS Reclassed to Revenue 406,666. Special Event Expenses Reclassed to Revenue 31,421. Captains Ball 162254 151054 11200 14206 535 16680 162254 151054 11200 14206 535 16680 31421 -20221 X X X 0 0 0 0 0 0 0 0 0 Kurt Strand CEO 230766 0 33296 0 0 0 11034 0 8901 0 283997 0 0 0 X 24019 Thrift store value X Auction items - Captain's Ball 39 29854 Selling price X Hotel Rooms 20 3500 Avg Room Rate 0 0 0 0 Part I, Column (b): The organization reports a combination of the numbers of items received and number of contributions on Part I, column (b). Form 990, Part VI, Section A, line 1a The Executive Committee is composed of the officers of the corporation and three additional board members who are elected at the first regular meeting of the board each year. The Executive Committee is responsible to conduct urgent business of the corporation in between regularly scheduled meetings of the board and any other duties assigned by the board. It also serves as the personnel committee to review the annual performance of the President/CEO and negotiate his/her confidential compensation within the budget parameters established by the board. The Chair, or in his absence the Vice-Chair, Secretary, and Treasurer, in succession, shall preside at all meetings of the Executive Committee. The meetings of the Executive Committee are called by the Chair or upon his/her inability or refusal-to act by the Vice-Chair. Form 990, Part VI, Section B, line 11b The Form 990 is provided to the governing body before it is filed. The President and CEO and Vice President of Finance & Operations review the Form 990. Form 990, Part VI, Section B, line 12c The Organization's officers and governing board are required to sign a conflict of interest policy annually thus monitoring any potential conflicts. Any duality of interest or possible conflict of interest on the part of any board member is disclosed to the other members of the board and made a matter of record through an annual procedure and also when the interest becomes a matter of board action. Any board member having a duality of interest or possible conflict of interest on any matter shall not vote or use his or her personal influence on the matter. The minutes of the meeting reflect the disclosure, the abstention from voting, and the Quorum situation. Any new member of the board is advised of this policy upon entering on the duties of office. The forms are reviewed by the board Chair and if a potential conflict is identified the board Chair follows up. Form 990, Part VI, Section B, line 15 The process for determining compensation for the Organization's President and CEO and Vice President of Finance & Operations is based on annual evaluations, wage scales, and board approval. This includes review of wages in comparison to comparable positions. The Organization documents and provides substantiation for the compensation process regularly. The process is undertaken at the end of each calendar year for the next calendar year. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are not available to the public. Financial information and information concerning the conflict of interest policy is available through the public disclosure copy of the Form 990.