Arts, Culture & Humanities (A82Z) IRS Verified DX Registered 990 on File

GOODHUE COUNTY HISTORICAL SOCIETY

EIN: 41-0713917 · RED WING, MN 55066-2447 · United States · FY 2024 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 80/100

Reliability (20%) 55/100

Effectiveness (25%) 61/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

The mission of the GCHS is to serve as the steward for county history by collecting, preserving, and promoting the natural and cultural history of Goodhue County and its people.

Financial Overview — FY 2024

$420K

Total Revenue

$458K

Total Expenses

$1.2M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 65.0%

Fundraising Efficiency N/A

Operating Reserve 32.32x

Liability-to-Asset 0.5%

Revenue Diversification 82.2%

Executive Compensation $63K

Compared with Peers

FY 2024

Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	65.0%	82.0%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	24.9%	14.1%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	10.2%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	32.3 mo	9.8 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.5%	1.8%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	82.2%	79.8%	P10P90	Below median
Revenue growth Year over year revenue growth	28.4%	8.1%	P10P90
Expense growth Year over year expense growth	18.9%	8.8%	P10P90
Surplus margin Surplus as a share of revenue	-9.0%	1.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$420K	$458K	$1.2M	65.0%	9
2023	$327K	$385K	$1.2M	64.0%	7
2022	$300K	$373K	$1.2M	63.0%	7
2021	$319K	$288K	N/A	—	7

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Organization Details

EIN: 41-0713917
State: MN
City: RED WING
ZIP: 55066-2447
Classification: A82Z
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1869
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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