The Mount Prospect Historical Society has advanced the discovery, preservation, and dissemination of historical and current information related to Mount Prospect, IL since 1967. Following the village's 50th anniversary celebration in 1967, six people (Meta Bittner, Gertrude Moehling Francek, Edith Freund, Dolores Haugh, Doris Weber Norris and Jack Weber) gathered around a kitchen table and formed the Mount Prospect Historical Society. They believed the community needed an organization to document the history of the community.

From these humble beginnings, the organization has grown into the full museum campus and archive that the community knows today, run by a professional staff. Directed by a volunteer Board of Directors, it operates year-round and offers a rich and varied schedule of activities and events for members and the community.