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EIN 42-0777257

Midwest Old Settlers and Threshers

IRS 501(c) type
501(c)(3)
Num. employees
34
City
MT Pleasant
State
Iowa
Year formed
1950
Most recent tax filings
2022-12-01
NTEE code, primary
A03: Arts, Culture and Humanities Professional Societies and Associations
Description
Midwest Old Settlers and Threshers preserves agricultural heritage through education and entertainment. The association administers year-round and seasonal education events, including museum tours and entertainment events. Its largest event is the annual Old Threshers reunion, which is one of the largest agricultural shows of its kind.
Total revenues
$2,098,531
2022
Total expenses
$2,136,365
2022
Total assets
$5,856,814
2022
Num. employees
34
2022

Program areas at Midwest Old Settlers and Threshers

The administration of year round, as well as seasonal, education events through museum tours and entertainment events and events of which the largest is the annual Old Threshers reunion. The reunion is one of the largest agricultural shows of its kind with steam engines, antique tractors, cars and trucks, gas engines, horses, working demonstrations, steam trains and electric trolleys. Educational component offers museum tours and school tour program for children (3-5 grades) and entertainment events offer seasonal attractions for halloween and christmas lights.

Who funds Midwest Old Settlers and Threshers

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Old Threshers FoundationSee Part Iv$182,279
Schwab Charitable FundArts, Culture & Humanities$11,381
Community Foundation of Greater Des MoinesGrant Distribution$10,000

Personnel at Midwest Old Settlers and Threshers

NameTitleCompensation
Terry McWilliamsExecutive Director$110,278
Robert WelanderVice President$0
Alan BuckertTreasurer$0
Phil McMeinsSecretary$0
Bob GerdesPresident$0
...and 1 more key personnel

Financials for Midwest Old Settlers and Threshers

RevenuesFYE 12/2022
Total grants, contributions, etc.$333,272
Program services$1,784,587
Investment income and dividends$-87,778
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$18,509
Net gain from sale of non-inventory assets$1,473
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$48,468
Miscellaneous revenues$0
Total revenues$2,098,531

Form 990s for Midwest Old Settlers and Threshers

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-27990View PDF
2021-122022-06-02990View PDF
2020-122021-10-27990View PDF
2019-122020-10-07990View PDF
2018-122019-11-23990View PDF
...and 9 more Form 990s
Data update history
August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Used new vendors
Identified 1 new vendor, including
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 12, 2023
Received grants
Identified 2 new grant, including a grant for $182,279 from Old Threshers Foundation
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementBusiness and industry
Characteristics
MembershipsReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
405 E Threshers Rd
MT Pleasant, IA 52641
Metro area
Iowa City, IA
County
Henry County, IA
Website URL
oldthreshers.com/ 
Phone
(319) 385-8937
Facebook page
oldthreshers 
Twitter profile
@oldthreshers 
IRS details
EIN
42-0777257
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A03: Arts, Culture and Humanities Professional Societies and Associations
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Central organization
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