Skip to main content

Nonprofit · EIN 41-0846439

LAKE COUNTY HISTORICAL SOCIETY

Tax-exempt · TWO HARBORS, MN 55616

Financials

$361K$426K2023$374K$393K2024$514K$417K2025
Revenue Expenses · by fiscal year end
Financials of LAKE COUNTY HISTORICAL SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$513,669$417,234$96,435$896,403$36,475$859,928
December 31, 2024990$374,132$392,753-$18,621$781,958$18,465$763,493
December 31, 2023990$360,797$426,417-$65,620$808,001$25,887$782,114
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$314,094
of which government grants
$113,500
Membership dues
$10,434
Program service revenue
$148,927
Investment income
$876
Net income from sales of inventory
$49,772
Other revenue
$49,772

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$59,038
Other salaries and wages
$131,476
Salaries, compensation and benefits (total)
$210,860
Professional fundraising fees
$0
Accounting fees
$11,700
Occupancy
$39,422
Travel
$247
Depreciation
$43,396
Program services (functional)
$330,939
Management and general (functional)
$86,295

Balance sheet and other

Total assets, start of year
$781,958
Total assets, end of year
$896,403
Total liabilities, end of year
$36,475
Net assets, end of year
$859,928
Land, buildings and equipment
$871,437
Net assets without donor restrictions
$852,998
Net assets with donor restrictions
$6,930
Gross receipts
$591,124
Employees
16
Volunteers
3
Year formed
1925
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELLEN LYNCHEXECUTIVE DI
Officer
40$59,038
MARTIN ANDERSONTRUSTEE
Trustee or director
–$0
MIKE FITZPATRICKTRUSTEE
Trustee or director
–$0
SAM GANGIPRESIDENT
Trustee or director, Officer
–$0
JERRY HOSTETTERTRUSTEE
Trustee or director
–$0
DAVID JOHNSONVICE PRES/TR
Trustee or director, Officer
–$0
BRYAN NELSONTRUSTEE
Trustee or director
–$0
JENNIFER NIEMISECRETARY
Trustee or director, Officer
–$0
ADRIAN RANTATRUSTEE
Trustee or director
–$0
HAYES SCRIVENTRUSTEE
Trustee or director
–$0
KRISTI WASKOTRUSTEE
Trustee or director
–$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
ELLEN LYNCHEXECUTIVE DI
Officer
40$57,981
MIKE FITZPATRICKTRUSTEE
Trustee or director
–$0
SAM GANGIPRESIDENT
Trustee or director, Officer
–$0
JERRY HOSTETTERTRUSTEE
Trustee or director
–$0
DAVID JOHNSONVICE PRES &T
Trustee or director, Officer
–$0
BRYAN NELSONTRUSTEE
Trustee or director
–$0
JENNIFER NIEMISECRETARY
Trustee or director, Officer
–$0
ADRIAN RANTATRUSTEE
Trustee or director
–$0
HAYES SCRIVENTRUSTEE
Trustee or director
–$0
KRISTI WASKOTRUSTEE
Trustee or director
–$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ELLEN LYNCHEXECUTIVE DI
Officer
40$53,077
MARTIN ANDERSONTRUSTEE
Trustee or director
–$0
MIKE FITZPATRICKTRUSTEE
Trustee or director
–$0
SAM GANGIPRESIDENT
Trustee or director, Officer
–$0
RICK HOGANSENLAKE COUNTY
Trustee or director
–$0
JERRY HOSTETTERTRUSTEE
Trustee or director
–$0
DAVID JOHNSONVICE PRES &T
Trustee or director, Officer
–$0
BRYAN NELSONTRUSTEE
Trustee or director
–$0
JENNIFER NIEMISECRETARY
Trustee or director, Officer
–$0
ADRIAN RANTATRUSTEE
Trustee or director
–$0
HAYES SCRIVENTRUSTEE
Trustee or director
–$0
KRISTI WASKOTRUSTEE
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 128, TWO HARBORS, MN 55616-0128
Principal officer (990 for 2025)
SAM GANGI, PO BOX 128, TWO HARBORS, MN 55616
Signed the 990
SAM GANGI, PRESIDENT
Phone
(218) 834-4898
Return prepared by
ANDERSON KUITI & ASUMA PLLC

Mission

THE MISSION OF THE LAKE COUNTY HISTORICAL SOCIETY IS TO COLLECT, PRESERVE, AND TELL THE STORY OF LAKE COUNTY'S HISTORY THROUGH MUSEUM EXHIBITS, HISTORIC SITES, COLLECTIONS, EDUCATIONAL PROGRAMS AND BOOK PUBLISHING.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE THE GENERAL PUBLIC AN EDUCATION OF THE HISTORY OF LAKE COUNTY, MINNESOTA. THIS OCCURS PRIMARILY THROUGH THE OPERATION OF THE DEPOT MUSEUM IN THE FORMER DULUTH & IRON RANGE RAILROAD DEPOT, THE 3M BIRTHPLACE MUSEUM AND THE TWO HARBORS LIGHTHOUSE ALL LOCATED IN TWO HARBORS, MINNESOTA.
    Expenses $252,839 · revenue $59,822
  • SUPPORT FOR AFFILIATED ORGANIZATIONS - THE BAY AREA HISTORICAL SOCIETY (SILVER BAY MN) AND THE FINLAND MINNESOTA HISTORICAL SOCIETY (FINLAND MN)
    Expenses $16,000
  • THE ORGANIZATION OPERATES THE LIGHTHOUSE BED & BREAKFAST LOCATED IN THE TWO HARBORS LIGHTHOUSE KEEPER'S QUARTERS OF THE HISTORIC TWO HARBORS LIGHTHOUSE TO PROVIDE SUPPORT FOR THE PRESERVATION OF THE BUILDINGS AND GROUNDS.
    Expenses $62,100 · revenue $89,105

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0846439
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1959
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$896,403
Income (IRS master file)
$591,124

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$513,669$417,234$896,403XML
990December 2024$374,132$392,753$781,958XML
990December 2023$360,797$426,417$808,001XML
990December 2022$463,510$498,455$876,323IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0846439).

Questions about LAKE COUNTY HISTORICAL SOCIETY

What is the EIN of LAKE COUNTY HISTORICAL SOCIETY?
The employer identification number (EIN) of LAKE COUNTY HISTORICAL SOCIETY is 41-0846439.
Is LAKE COUNTY HISTORICAL SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to LAKE COUNTY HISTORICAL SOCIETY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE COUNTY HISTORICAL SOCIETY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKE COUNTY HISTORICAL SOCIETY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE COUNTY HISTORICAL SOCIETY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LAKE COUNTY HISTORICAL SOCIETY?
The 990 for the year ended December 31, 2025 names SAM GANGI.
Who are the officers and directors of LAKE COUNTY HISTORICAL SOCIETY?
The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $59,038 (ELLEN LYNCH, EXECUTIVE DI).
How much revenue does LAKE COUNTY HISTORICAL SOCIETY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $513,669, expenses of $417,234 and total assets of $896,403 at year end.

Other nonprofits in TWO HARBORS

All nonprofits in TWO HARBORS · Minnesota