Steele County Historical Society
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Steele County Historical Society is a 501(c)(3) organization based in Owatonna, Minnesota, registered in 1966, with $452,819 in FY2023 revenue. CharityIndex grades it B.
1700 Austin Rd, Owatonna, MN, 55060 EIN 41-6048581 Since 1966
Revenue (FY2023)
$453K
▼ 20.4% vs prior year
Expenses (FY2023)
$401K
Net assets
$4.2M
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 Steele County Historical Society— 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 rating125 mo reserves · +11% 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 Steele County Historical Society: 125 mo reserves · +11% 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 Steele County Historical Society— 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 Steele County Historical Society: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $370K (FY2013) to $453K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $9,611Net assets $4.2M
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$9,611
Net assets
$4.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $452,819▼20.4% | $401,164▼11.6% | $4,186,608▲4.2% | $4,196,219▲4.3% | 990 |
| 2022 | $568,772▼7.8% | $453,880▼0.4% | $4,019,090▼2.5% | $4,024,835▼2.6% | 990 |
| 2021 | $616,829▲25.1% | $455,526▲9.4% | $4,123,345▲6.0% | $4,132,629▲5.6% | 990 |
| 2020 | $492,944▲6.2% | $416,502▼9.2% | $3,889,121▲4.5% | $3,911,680▲4.9% | 990 |
| 2019 | $464,077▲3.6% | $458,779▼16.1% | $3,720,364▲3.4% | $3,728,265▲3.1% | 990 |
| 2018 | $448,027▲13.8% | $547,129▲16.7% | $3,598,143▼4.9% | $3,616,558▼5.5% | 990 |
| 2017 | $393,582▼60.0% | $468,891▼5.1% | $3,785,371▼1.4% | $3,826,833▼2.8% | 990 |
| 2016 | $984,764▲175% | $494,085▲38.4% | $3,837,874▲15.6% | $3,935,162▲16.2% | 990 |
| 2015 | $357,719▼31.7% | $357,006▲10.9% | $3,320,746 | $3,386,236▼0.5% | 990 |
| 2014 | $523,976▲41.7% | $321,911▼5.5% | $3,320,033▲6.5% | $3,403,594▲2.2% | 990 |
| 2013 | $369,863 | $340,597▲2.7% | $3,117,968▲1.0% | $3,330,145▼0.3% | 990 |
| 2012 | — | $331,585 | $3,088,460 | $3,341,163 | 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 · $415K total
9 grants to Steele County Historical Society totaling $415K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2021 | $14,145 |
| Minnesota Historical Society | Legacy grant for photo collection phase two | 2021 | $11,870 |
| Minnesota Historical Society | Legacy grants for photo collection phase two, township record digitization and manual creation | 2020 | $44,702 |
| Minnesota Historical Society | Legacy grants for the photograph collection and rehousing project phase ii, and for the project, multi-site historic interpretation: history of childhood. | 2019 | $28,230 |
| Minnesota Historical Society | Legacy grants for the photograph collection and rehousing project phase i, for the american legion exhibition phase ii and for the project, multi-site historic interpretation: history of childhood. | 2018 | $87,888 |
| Minnesota Historical Society | Legacy grants for steele county great war centennial and federated inventory program, for the photograph collection and rehousing project phase i, and for the american legion exhibition phase i. | 2017 | $67,908 |
| Minnesota Historical Society | Legacy grants for steele county great war centennial and federated inventory program and for the daniel s. piper house engineering stabilization report. | 2016 | $50,189 |
| Minnesota Historical Society | Legacy grant to gain physical and intellectual control of historic objects held in the public trust, form a partnership to coordinate and better preserve historic resources by various organizations in steele county. | 2015 | $90,791 |
| Minnesota Historical Society | Legacy grant to gain physical and intellectual control of historic objects in the public trust. | 2014 | $19,212 |
Frequently asked questions
- Is Steele County Historical Society a legitimate nonprofit?
- Yes. Steele County Historical Society is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-6048581, based in Owatonna, Minnesota. Donations are tax-deductible.
- What is Steele County Historical Society's EIN?
- Steele County Historical Society's Employer Identification Number (EIN) is 41-6048581.
- How much revenue does Steele County Historical Society report?
- Steele County Historical Society reported $452,819 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Steele County Historical Society have?
- CharityIndex grades Steele County Historical Society B, based on financial health (reserves and operating margin).
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Data for Steele County Historical Society (EIN 41-6048581) 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.