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Nonprofit · EIN 34-1441511

LORAIN HISTORICAL SOCIETY

Tax-exempt · LORAIN, OH 44052

Financials

$600K$681K2023$564K$679K2024
Revenue Expenses · by fiscal year end
Financials of LORAIN HISTORICAL SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$564,218$679,268-$115,050$2,900,500$90,118$2,810,382
December 31, 2023990$599,727$680,608-$80,881$2,874,378$55,023$2,819,355
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$429,734
Membership dues
$6,425
Program service revenue
$25,819
Investment income
$37,075
Net income from fundraising events
$52,048
Net income from sales of inventory
$19,542
Other revenue
$71,590

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$75,000
Other salaries and wages
$286,983
Salaries, compensation and benefits (total)
$396,576
Professional fundraising fees
$0
Legal fees
$10,000
Accounting fees
$4,231
Occupancy
$58,253
Depreciation
$66,681
Program services (functional)
$540,892
Management and general (functional)
$123,660
Fundraising (functional)
$14,716

Balance sheet and other

Total assets, start of year
$2,874,378
Total assets, end of year
$2,900,500
Total liabilities, end of year
$90,118
Net assets, end of year
$2,810,382
Land, buildings and equipment
$1,656,177
Publicly traded securities
$1,187,979
Net assets without donor restrictions
$1,600,441
Net assets with donor restrictions
$1,209,941
Gross receipts
$614,430
Employees
5
Volunteers
35
Year formed
1986
State of legal domicile
OH

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
BARB PISCOPOEXECUTIVE DIRECTOR
Key employee
40$75,000
CASSIE COXVICE PRESIDENT
Trustee or director, Officer
4$0
ED BAKERSECRETARY
Trustee or director, Officer
4$0
VANESSA KNIPPERTRUSTEE
Trustee or director
2$0
MARIA CARRIONVICE PRESIDENT
Trustee or director, Officer
4$0
TAMIKA BONILLATRUSTEE
Trustee or director
2$0
LAURA BOUSTANITRUSTEE
Trustee or director
2$0
CARMEN LEIBASTRUSTEE
Trustee or director
2$0
RON COCCOTRUSTEE
Trustee or director
2$0
DAVE JANOWICZTREASURER
Trustee or director, Officer
4$0
MARGARET O'BRYENTRUSTEE
Trustee or director
2$0
SPENCER ROULEPRESIDENT
Trustee or director, Officer
4$0
JOHN MANTELEONETRUSTEE
Trustee or director
2$0
JESSIE TOWERTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
BARB PISCOPOEXECUTIVE DIRECTOR
Key employee
40$75,000
CASSIE COXVICE PRESIDENT
Trustee or director, Officer
4$0
ED BAKERSECRETARY
Trustee or director, Officer
4$0
MARK BALLARD IITRUSTEE
Trustee or director
2$0
MARIA CARRIONVICE PRESIDENT
Trustee or director, Officer
4$0
TAMIKA BONILLATRUSTEE
Trustee or director
2$0
LAURA BOUSTANITRUSTEE
Trustee or director
2$0
CARMEN LEIBASTRUSTEE
Trustee or director
2$0
RON COCCOTRUSTEE
Trustee or director
2$0
DAVE JANOWICZTREASURER
Trustee or director, Officer
4$0
MARGARET OBRIENTRUSTEE
Trustee or director
2$0
SPENCER ROULEPRESIDENT
Trustee or director, Officer
4$0
SARAH STILGENBAUERTRUSTEE
Trustee or director
2$0
JESSIE TOWERTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
329 W 10TH ST, LORAIN, OH 44052-1972
Principal officer (990 for 2024)
BARB PISCOPO, 309 W 10th STREET, LORAIN, OH 44052
Signed the 990
BARB PISCOPO, EXECUTIVE DIRECTOR
Phone
(440) 245-2563
Return prepared by
ALAN V JANUZZI CPA

Mission

LORAIN HISTORICAL SOCIETYS MISSION IS TO ENGAGE MEMBERS OF THE COMMUNITY AND OUR VISITORS IN OUR SHARED AND DIVERSE HISTORY THROUGH PRESERVATION, EDUCATION, AND COLLABORATION

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION COLLECTS ARTIFACTS ON THE HISTORY OF LORAIN, HAS 4,000 PAPER FILES ON EVENTS AND PEOPLE IN LORAIN AND HAS A COLLECTION OF OVER 7,000 HISTORICAL PHOTOGRAPHS. THE ORGANIZATION OPERATES THE MOORE HOUSE AS A COLLECTIONS FACILITY WITH TWO FLOORS BEING USED FOR COLLECTIONS AND STORAGE, AND THE FIRST FLOOR BEING USED FOR OFFICE AND PROGRAM SPACES. THE ORGANIZATION OWNS AND OPERATES THE CARNEGIE CENTER AS ITS PRIMARY EXHIBIT SPACE AND ADMINISTRATIVE OFFICES. NOT ONLY DOES THE LORAIN HISTORICAL SOCIETY HOLD EVENTS AT BOTH LOCATIONS FOR RESIDENTS OF THE COMMUNITY AND VISITORS TO THE CITY, BUT IT ALSO HAS REGULAR PROGRAMS AT VARIOUS LOCATIONS THROUGHOUT THE CITY OVER THE COURSE OF THE YEAR.
    Expenses $540,892 · revenue $25,819

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1441511
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,900,500
Income (IRS master file)
$614,430

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$564,218$679,268$2,900,500IRS
990December 2023$599,727$680,608$2,874,378XML
990December 2022$507,163$569,164$2,786,757IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 34-1441511).

Questions about LORAIN HISTORICAL SOCIETY

What is the EIN of LORAIN HISTORICAL SOCIETY?
The employer identification number (EIN) of LORAIN HISTORICAL SOCIETY is 34-1441511.
Is LORAIN HISTORICAL SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to LORAIN HISTORICAL SOCIETY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LORAIN 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 LORAIN HISTORICAL SOCIETY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LORAIN HISTORICAL SOCIETY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LORAIN HISTORICAL SOCIETY?
The 990 for the year ended December 31, 2024 names BARB PISCOPO.
Who are the officers and directors of LORAIN HISTORICAL SOCIETY?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $75,000 (BARB PISCOPO, EXECUTIVE DIRECTOR).
How much revenue does LORAIN HISTORICAL SOCIETY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $564,218, expenses of $679,268 and total assets of $2,900,500 at year end.

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