2024-03-25T16:05:05-05:00 2023-12-31 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2023-01-01 426127198 LIVING HISTORY FARMS FOUNDATION LIVI 5152785286 2600 NW 111TH STREET DES MOINES IA 50322 RUTH HAUS PRESIDENT 5152785286 2024-03-25 1 RUTH HAUS XXX-XX-XXXX 0 ROBERT ENDRISS P01766448 5152258400 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z RUTH HAUS 2600 NW 111TH STREET URBANDALE IA 50322 5523330 0 X WWW.LHF.ORG X 1967 IA AN OUTDOOR HISTORY MUSEUM WHICH CONNECTS PEOPLE TO THE STORIES OF THE MIDWESTERN RURAL HERITAGE 15 15 67 878 0 0 1699152 2314604 990977 1013871 693258 569269 104944 111361 3488331 4009105 0 0 0 0 1400959 1510061 0 0 216653 1141131 1120081 2542090 2630142 946241 1378963 16358279 18593687 400261 336596 15958018 18257091 LIVING HISTORY FARMS IS AN INTERACTIVE OUTDOOR HISTORY MUSEUM, WHICH EDUCATES AND CONNECTS ALL PEOPLES TO THE MANY STORIES OF MIDWESTERN RURAL HERITAGE. 0 0 1760336 1056502 LIVING HISTORY FARMS IS A 500 ACRE, OPEN-AIR MUSEUM WHICH DISPLAYS THE HISTORY OF MIDWESTERN AGRICULTURE AND RURAL LIFE. INTERPRETORS RECREATE DAILY ROUTINES OF EARLY IOWANS. 1760336 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 9 0 1 67 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X RUTH HAUS 5152785286 2600 NW 111TH STREET URBANDALE IA 50322 RIAAN VAN DYK CHAIR 2.00 X X 0 0 0 LAURA INGRAM VICE CHAIR 2.00 X X 0 0 0 ERIN HERBOLD-SWALWELL SECRETARY 2.00 X X 0 0 0 GINA GRAHAM TREASURER 2.00 X X 0 0 0 DR STEPHEN SMITH DIRECTOR 2.00 X 0 0 0 STACI HARPER BENNETT DIRECTOR 2.00 X 0 0 0 DAVID BUBECK DIRECTOR 2.00 X 0 0 0 LINDSAY KIRSTEIN DIRECTOR 2.00 X 0 0 0 RACHEL GEILENFELD DIRECTOR 2.00 X 0 0 0 TIM ALBERTS DIRECTOR 2.00 X 0 0 0 IAN ASPLUND DIRECTOR 2.00 X 0 0 0 DR VALERIE GRIM DIRECTOR 2.00 X 0 0 0 BRIAN HANNAH DIRECTOR 2.00 X 0 0 0 TONY ALDRIDGE DIRECTOR 2.00 X 0 0 0 JES LUDWIGSON DIRECTOR 2.00 X 0 0 0 RUTH HAUS CEO 40.00 X 167317 0 7017 167317 0 7017 1 0 1 0 0 146054 2168550 26253 2314604 ADMISSIONS 713990 481080 481080 EDUCATIONAL PROGRAMS 713990 269106 269106 HISTORIC FOOD-WAYS 713990 97509 97509 COMMUNITY EVENTS 713990 90133 90133 SPECIAL EVENTS 713990 68350 68350 7693 7693 1013871 320489 320489 30513 0 30513 30513 30513 1425009 297571 1441029 32771 -16020 264800 248780 248780 51890 13673 38217 38217 69383 26752 42631 42631 4009105 1056502 0 637999 174334 174334 1157075 753162 238448 165465 29073 15644 6942 6487 39751 29807 6664 3280 109828 63369 32597 13862 8452 8452 11850 11850 31364 31364 31852 31852 23629 23629 13867 1279 12588 62567 35715 19017 7835 87136 87136 2318 2318 9404 9404 258123 258123 126212 72045 38362 15805 MAINTENANCE 256782 256782 PROGRAM SUPPLIES 131863 131863 BANK PROCESSING FEES 49828 46007 3821 0 OTHER 12084 8165 3919 2750 2750 2630142 1760336 653153 216653 958748 1272012 64842 729286 459652 1401020 399918 3345 5608 3440 16312 26004 14085122 9271243 4730162 4813879 9715402 10344701 7635 0 16358279 18593687 47828 78624 103805 53972 241000 204000 7628 0 400261 336596 X 12976145 13493044 2981873 4764047 15958018 18257091 16358279 18593687 1378963 920110 0 X X 0 1 X 1 0 X 740228 707987 612110 1669152 2314604 6044081 740228 707987 612110 1669152 2314604 6044081 1165317 4878764 340824 268245 399773 430573 351002 1790417 7834498 4990213 0.62270 0.66980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 9810244 10259 1167592 628762 10359333 12004116 51759 -1639570 606061 9810244 11608441 1409 962926 568660 12004116 10777063 20932 1402836 592390 11608441 9581601 67650 1626176 498364 10777063 0.78930 0.15550 0.05520 0 0 1793033 1793033 7157472 5205676 1951796 4382860 3565188 817672 571392 500379 71013 180365 180365 4813879 X 5124786 920110 186510 40425 1147045 3977741 31364 31364 4009105 2825713 186510 40425 226935 2598778 31364 31364 2630142 PART III, LINE 1A: COLLECTIONS CONSISTS PRIMARILY OF 17TH, 18TH, AND 19TH CENTURY RURAL MIDWEST AND AGRICULTURAL ARTIFACTS AND BUILDINGS, ACQUIRED THROUGH PURCHASE AND CONTRIBUTIONS SINCE THE FOUNDATION'S INCEPTION. THROUGH THE LEADERSHIP OF ITS BOARD OF DIRECTORS AND STAFF, THE FOUNDATION STRIVES TO PRESERVE, PROTECT, AND MAINTAIN THE COLLECTION IN PERPETUITY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSION ARE USED EXCLUSIVELY TO ACQUIRE OTHER ITEMS FOR THE COLLECTION AND ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. PART III, LINE 4: THE COLLECTIONS ALLOW LIVING HISTORY FARMS TO EDUCATE THE PUBLIC ON FARMING OF THE PAST PART V, LINE 4: BOARD DESIGNATED FUNDS ARE DESIGNATED FOR ENDOWMENT FUNDS. TERM ENDOWMENT FUNDS ARE AVAILABLE FOR IMPROVEMENTS TO VARIOUS SITES, FOR EVENTS, PROGRAMS AND RESTORATION PROJECTS. PERMANENTLY RESTRICTED FUNDS ARE MAINTAINED IN PERPETUITY WITH THE INCOME USED FOR EDUCATIONAL PROGRAMS AND FOR EMPLOYEE SUPPORT AND RECOGNITION ACTIVITIES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY OR ASSET FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURES IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 13,673. COST OF GOODS SOLD 26,752. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 13,673. COST OF GOODS SOLD 26,752. FARMSTASIA 51890 51890 13673 51890 51890 13673 13673 38217 1 X X 0 0 0 0 0 0 0 0 0 RUTH HAUS CEO 167317 0 0 0 0 0 6705 0 312 0 174334 0 0 0 X 3 5375 FMV X OTHER 14 14614 FMV X SPECIAL EVENTS 49 6264 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B EXECUTIVE AND FINANCE COMMITTEE REVIEWS THE FORM 990 WITH MANAGEMENT PRIOR TO SIGNING AND SENDING TO IRS. FORM 990, PART VI, SECTION B, LINE 12C A VENDOR SUMMARY WILL BE PROVIDED ANNUALLY BY THE FARM'S FINANCE DIRECTOR TO EACH BOARD MEMBER AND COMPANY OFFICER. THEY WILL ALL BE REQUIRED TO DISCLOSE IN WRITING ANY OWNERSHIP INTEREST OR OTHER BUSINESS DEALINGS WITH ANY OF THE VENDORS WITH WHOM THE FARM HAS A RELATIONSHIP. SHOULD A CONFLICT ARISE, IT WILL BE DOCUMENTED AND SIGNED BY A BOARD MEMBER OR COMPANY OFFICER AND DISCLOSED TO THE BOARD CHAIRMAN AND EXECUTIVE COMMITTEE TO DETERMINE IF FURTHER ACTION IS WARRANTED. ANY DEALINGS AT THE BOARD LEVEL WITH THE VENDOR RELATIONSHIP WILL THEN REQUIRE THE BOARD MEMBER OR COMPANY OFFICER TO RECUSE HIM/HERSELF FROM ANY VOTES TAKEN OR RELATED ACTIONS. FORM 990, PART VI, SECTION B, LINE 15 IN HELPING LIVING HISTORY FARMS EVALUATE AND ESTABLISH COMPENSATION FOR THEIR PRESIDENT, THE LOCAL MARKET AND OTHER SIMILAR NONPROFIT ORGANIZATIONS ARE SURVEYED EVERY THREE YEARS TO ASSESS THE COMPENSATION OF TOP EXECUTIVES. THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 LIVING HISTORY FARMS MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.