Hibbing Historical Society Inc & Museum
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Hibbing Historical Society Inc & Museum is a 501(c)(3) organization based in Hibbing, Minnesota, registered in 1976, with $71,647 in FY2024 revenue. CharityIndex grades it B.
400 E 23rd St, Hibbing, MN, 55746 EIN 41-1276964 Since 1976
Revenue (FY2024)
$72K
▼ 70.4% vs prior year
Expenses (FY2024)
$49K
Net assets
$298K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hibbing Historical Society Inc & Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating73 mo reserves · +32% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hibbing Historical Society Inc & Museum: 73 mo reserves · +32% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hibbing Historical Society Inc & Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hibbing Historical Society Inc & Museum: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $242K (FY2023) to $72K (FY2024) across 2 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,425Net assets $298K
Operating margin
31.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$299K
Total liabilities
$1,425
Net assets
$298K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $71,647▼70.4% | $48,956▼2.5% | $297,580▲12.2% | $299,005▲12.0% | 990EZ |
| 2023 | $242,220 | $50,192 | $265,289 | $266,900 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $20K total
3 grants to Hibbing Historical Society Inc & Museum totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minnesota Historical Society | Legacy grant for a textile inventory project. | 2018 | $5,685 |
| Minnesota Historical Society | Legacy grant for aubin studios digitization project. | 2017 | $8,470 |
| Minnesota Historical Society | Legacy grant to conduct a general preservation needs assessment and long range collections preservation plan. | 2015 | $6,000 |
Frequently asked questions
- Is Hibbing Historical Society Inc & Museum a legitimate nonprofit?
- Yes. Hibbing Historical Society Inc & Museum is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1276964, based in Hibbing, Minnesota. Donations are tax-deductible.
- What is Hibbing Historical Society Inc & Museum's EIN?
- Hibbing Historical Society Inc & Museum's Employer Identification Number (EIN) is 41-1276964.
- How much revenue does Hibbing Historical Society Inc & Museum report?
- Hibbing Historical Society Inc & Museum reported $71,647 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hibbing Historical Society Inc & Museum have?
- CharityIndex grades Hibbing Historical Society Inc & Museum B, based on financial health (reserves and operating margin).
More nonprofits in Hibbing
Explore more
Data for Hibbing Historical Society Inc & Museum (EIN 41-1276964) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.