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EIN 42-0777257

Midwest Old Settlers and Threshers

IRS 501(c) type
501(c)(3)
Num. employees
35
City
MT Pleasant
State
Iowa
Year formed
1950
Most recent tax filings
2023-12-01
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
$2,693,921
2023
Total expenses
$2,248,694
2023
Total assets
$6,154,970
2023
Num. employees
35
2023

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$172,985
William M and Donna J Hoaglin Foundation FoundationAssist in Purchase of 1920 Milan Tro$15,000
Community Foundation of Greater Des MoinesGrant Distribution$10,000

Personnel at Midwest Old Settlers and Threshers

NameTitleCompensation
Terry McWilliamsChief Executive Officer$110,278
Lori BaylorBookkeeper
Robert WelanderPresident$0
Alan BuckertTreasurer$0
Phil McMeinsSecretary$0
...and 2 more key personnel

Financials for Midwest Old Settlers and Threshers

RevenuesFYE 12/2023
Total grants, contributions, etc.$770,602
Program services$1,837,956
Investment income and dividends$132,903
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$8,969
Net gain from sale of non-inventory assets$-108,198
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$51,689
Miscellaneous revenues$0
Total revenues$2,693,921

Form 990s for Midwest Old Settlers and Threshers

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-18990View PDF
2022-122023-06-27990View PDF
2021-122022-06-02990View PDF
2020-122021-10-27990View PDF
2019-122020-10-07990View PDF
...and 10 more Form 990s
Data update history
October 22, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from William M and Donna J Hoaglin Foundation Foundation
October 12, 2024
Updated personnel
Identified 1 new personnel
October 4, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $172,985 from Old Threshers Foundation
August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementBusiness and industry
Characteristics
MembershipsReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online 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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