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Friends of Midas

EIN 88-0330011 · Midas, NV

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

FRIENDS OF MIDAS IS DEDICATED TO THE PRESERVATION AND PRESENTATION OF THE HISTORY OF MIDAS AND THE SURROUNDING GOLD CIRCLE MINING DISTRICT IN NORTHEASTERN NEVADA.

Income
$270,298
Spending
$12,792
Spent on programs
88%
Reserves
Over 10 years of spending
Largest source of income
donations and private grants, 92%
Employees
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 79% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $5,363 spent. THE ORGANIZATION DISSEMINATES HISTORICAL INFORMATION ABOUT MIDAS THROUGH DIGITAL AND PRINT COMMUNICATIONS. IT MAINTAINS A WEBSITE AND PUBLISHES AN ANNUAL NEWSLETTER THAT SHARE HISTORICAL CONTENT, REPORT ACTIVITIES, AND INFORMS THE PUBLIC ABOUT PRESERVATION EFFORTS. COMMUNICATIONS SUPPORT PUBLIC ENGAGEMENT AND ACCESS TO HISTORICAL RESOURCES. THESE OUTREACH ACTIVITIES FURTHER THE ORGANIZATIONS EDUCATIONAL AND PRESERVATION MISSION.
  2. $4,924 spent. THE ORGANIZATION PRESERVES AND MAINTAINS HISTORIC PROPERTIES IN MIDAS FOR THE BENEFIT OF THE PUBLIC. THESE INCLUDE THE HISTORIC SCHOOLYARD, TOWN PARK, MINING DISPLAY, EXHIBIT AREA, AND THE HISTORIC MIDAS CEMETERY (MAINTAINED PURSUANT TO DELEGATION FROM ELKO COUNTY). ACTIVITIES INCLUDE GROUNDSKEEPING, REPAIRS, AND GENERAL MAINTENANCE NECESSARY TO PROTECT HISTORICALLY SIGNIFICANT ASSETS. MAINTAINING THESE SITES ENSURES CONTINUED PUBLIC ACCESS TO IMPORTANT LOCAL HISTORICAL RESOURCES.
  3. $909 spent. THE ORGANIZATION PROVIDES FREE EDUCATIONAL PROGRAMS TO PROMOTE UNDERSTANDING OF MIDASS HISTORY AND HERITAGE. ACTIVITIES INCLUDE GUIDED WALKING TOURS AND PUBLIC PRESENTATIONS HIGHLIGHTING THE TOWNS HISTORIC EVENTS AND RESIDENTS. THE ORGANIZATION ALSO ACQUIRES AND PRESERVES HISTORICAL PHOTOGRAPHS AND ARTIFACTS USED IN EDUCATIONAL PROGRAMMING. THESE EFFORTS ADVANCE PUBLIC KNOWLEDGE AND APPRECIATION OF LOCAL HISTORY.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.