The Floyd County Historical Society's mission is to preserve Floyd County history, serve as a custodian of historical gifts, and provide educational outreach. The museum encourages interest in history of Floyd County through sharing a collection of significant historic materials. Exhibits appeal to all ages including teens, children, and seniors.

The building in which the Historical Society is located is the Ridgemont, originally built by Lather Hylton as a hospital for Dr. Martin L. Dalton. Opening in 1914, Dr. Dalton practiced there until about 1923. On the main floor were an operating room with a cement floor, examining room with an x-ray machine, and a waiting room. Patient rooms accommodating up to 10 patients were located upstairs.