Public Charity

OLD THRESHERS FOUNDATION INC

OLD THRESHERS FOUNDATION INC, of MT PLEASANT, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $144K in revenue, $238K in expenses, $4.7M in total assets. 4 publicly reported grants to this organization, totaling roughly $27K, appear in IRS filings.

EIN: 421272944 MT PLEASANT, IA Latest filing: 2025
Total Revenue$144K
Total Expenses$238K
Total Assets$4.7M
Grant Records4
Funding Total$27K
Filing Years2021–2025

Mission

THE PURPOSE OF THE CORPORATION IS AS FOLLOWS: TO OPERATE FOR CHARITABLE AND EDUCATIONAL PURPOSES BY RAISING FUNDS FOR AND DISTRIBUTING THE INCOME FROM THOSE FUNDS FOR CAPITAL PROJECTS, IMPROVEMENTS, AND EMERGENCY FUNDING OF THE MIDWEST OLD SETTLERS AND THRESHERS ASSOCIATION, INC.

Where $100 goes at Old Threshers Foundation Inc

How Old Threshers Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$29
The foundation supports events like festival of lights and the iowa state fair tourism booth to attract people to the midwest old settlers & threshers grounds
34% of program spending
$29
The foundation has spearheaded fundraising efforts on behalf of midwest old threshers to continue to develop relationships with donors and grow the endowment, the earnings of which, are…
About 33% (cost not reported)
$28
During the past eight annual reunions, the foundation has recognized a top financial supporter and volunteer of midwest old threshers by awarding the "golden wheat award" to that…
About 33% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

TREASURER Alan Elgar
DIRECTOR Barry Tuller
DIRECTOR Colin Mccormick
DIRECTOR Diane Davis
DIRECTOR Jan Johnston
VICE PRESIDE Jason Goody

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,100 3 grants
Unspecified
$7,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $144K $238K $4.7M
2024 $255K $252K $4.2M
2023 $207K $229K $3.5M
2022 $383K $278K $3.5M
2021 $1.9M $566K $4.0M

Between 2021 and 2025, reported annual revenue declined from $1.9M to $144K (-93%), with total assets most recently reported at $4.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for OLD THRESHERS FOUNDATION INC

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