Shelburne Museum Incorporated
- Assets
- $56.5m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 139
- Location
- Shelburne, VT
- Founding
- 07/1949
- Data as of
- 03/2022
- EIN
- 03-0179436
Organization Overview
Shelburne Museum Incorporated is located in Shelburne, VT. The organization was established in 1949. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2022, Shelburne Museum Incorporated employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelburne Museum Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Shelburne Museum Incorporated generated $11.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $6.6m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BROADEN OUR AUDIENCE, ENGAGE THEIR CURIOSITY, ANIMATE THEIR CREATIVITY, AND GIVE THEM AN EXTRAORDINARY, EDUCATIONAL MUSEUM EXPERIENCE.
Describe the Organization's Program Activity:
OPERATION OF A MUSEUM OF ART AND AMERICANA INCLUDING IMPRESSIONIST PAINTINGS, FOLK ART, QUILTS, TEXTILES, DECORATIVE ARTS, FURNITURE, AMERICAN PAINTINGS AND 17TH TO 20TH CENTURY ARTIFACTS. DURING THE YEAR ENDED MARCH 31, 2022, THE MUSEUM'S OVERALL VISITORS TOTALED 74,669 INCLUDING 11,126 SCHOOL-AGED CHILDREN. SPECIAL EXHIBITIONS INCLUDED: SHELBURNE MUSEUM ORGANIZES AND PRESENTS EXHIBITIONS AND PROGRAMS FOR THE ENRICHMENT OF THE COMMUNITY. EACH YEAR IT PRESENTS APPROXIMATELY TEN TO TWELVE EXHIBITIONS. DURING THE FISCAL YEAR 2022, SHELBURNE MUSEUM PRESENTED A TOTAL OF 5 IN-PERSON EXHIBITIONS THAT WERE OPEN TO THE PUBLIC ALONG WITH 4 ONLINE EXHIBITIONS. IN-PERSON EXHIBITIONS CONSISTED OF LUIGI LUCIONI: MODERN LIGHT, EYESIGHT & INSIGHT, NANCY WINSHIP MILIKEN, STAGECOACH INN REINSTALLATION, AND MARIA SHELL QUILTS. ONLINE EXHIBITS CONSISTED OF QUILTS FROM SHELBURNE MUSEUM'S COLLECTION, ART IN MOTION: AUTOMATA & WHIRLIGIGS, CURTIS, AND SM ALTERNATE HISTORY. SPECIAL PROGRAMS: DURING THE FISCAL YEAR 2022 IN-PERSON PROGRAMMING CONTINUED TO BE DECREASED DUE TO THE COVID 19 PANDEMIC, YET MANY PROGRAMS RETURNED. SHELBURNE MUSEUM DID SEE A RETURN TO PROGRAMS FOR THE VISUALLY IMPARIED AND THOSE WITH ALZHEIMER'S DISEASE AND DEMENTIA; SCHOOL PARTNERSHIPS WITH PUBLIC ELEMENTARY, MIDDLE AND HIGH SCHOOLS; SUMMER CAMPS THAT SPECIALIZED IN ART PROGRAMMING SUCH AS KNITTING AND PRINT MAKING;YOGA CLASSES IN PARTNERSHIP WITH A LOCAL STUDIO; ONGOING WEBINARS REGARDING CONSERVATION EFFORTS; AND SCHOOL PROGRAMS FOR STUDENTS PRE-K THROUGH COLLEGE, INCLUDING UNDERWRITING OF TRANSPORTATION FOR SCHOOLS WITH HIGH PERCENTAGES (50% OR MORE) OF STUDENTS ON FREE AND REDUCED LUNCH. WE REINSTATED FREE FIRST FRIDAYS, FREE ADMISSION TO THE PUBLC AFTER 3PM ON THE FIRST FRIDAY OF EVERY MONTH DURING THE SEASON. THIS PROGRAM WELCOMED A TOTAL OF 6,105 VISITORS, 20 FOOD & BEVERAGE VENDORS, 19 MUSICIANS AND 3 GUEST SPEAKERS. IN ADDITION, WE STARTED WINTER LIGHTS, AN OUTDOOR LIGHT SHOW & EXPERIENCE, RUNNING FROM LATE NOVEMBER THROUH JANUARY 1ST. THIS EVENT WAS CREATED TO ENGAGE OUR COMMUNITY MEMBERS DURING THE WINTER MONTHS. WINTER LIGHTS PROVED TO BE INCREDIBLY SUCCESSFUL, WELCOMING OVER 27,000 VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Denenberg Executive Di | Officer | 40 | $290,795 |
Berenice Sarafzade Deputy Direc | 40 | $111,254 | |
Leslie Wright Director Of | 40 | $102,308 | |
Peter Graham President | OfficerTrustee | 5 | $0 |
Dianne Phillips Avlon Vice Preside | OfficerTrustee | 5 | $0 |
Scott Wise Chair | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New England Holiday Light Company Light Install | 3/30/22 | $106,950 |
Trillium Hold Co Solar Array | 3/30/22 | $130,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $290,107 |
| Fundraising events | $3,005 |
| Related organizations | $0 |
| Government grants | $940,109 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,062,352 |
| Noncash contributions included in lines 1a–1f | $2,928,887 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,295,573 |
| Total Program Service Revenue | $1,028,902 |
| Investment income | $1,079,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $80,380 |
| Net Gain/Loss on Asset Sales | $748,223 |
| Net Income from Fundraising Events | $4,724 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $107,863 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,449,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $334,907 |
| Compensation of current officers, directors, key employees. | $100,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,787,537 |
| Pension plan accruals and contributions | $93,528 |
| Other employee benefits | $401,040 |
| Payroll taxes | $223,252 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,832 |
| Fees for services: Accounting | $38,799 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $96,486 |
| Fees for services: Other | $637,571 |
| Advertising and promotion | $22,707 |
| Office expenses | $113,579 |
| Information technology | $12,802 |
| Royalties | $0 |
| Occupancy | $270,201 |
| Travel | $3,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,539 |
| Interest | $55,434 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $642,919 |
| Insurance | $212,984 |
| All other expenses | $70,748 |
| Total functional expenses | $6,603,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,809 |
| Savings and temporary cash investments | $7,894 |
| Pledges and grants receivable | $1,765,894 |
| Accounts receivable, net | $19,305 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $191,414 |
| Prepaid expenses and deferred charges | $110,652 |
| Net Land, buildings, and equipment | $17,832,199 |
| Investments—publicly traded securities | $36,324,327 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,455,494 |
| Accounts payable and accrued expenses | $645,686 |
| Grants payable | $0 |
| Deferred revenue | $77,977 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $950,607 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,674,270 |
| Net assets without donor restrictions | $31,639,868 |
| Net assets with donor restrictions | $23,141,356 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $56,455,494 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Shelburne Museum Incorporated has recieved totaling $77,135.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $31,335 |
Michael And Karen Stone Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $8,800 |
Vermont Council On The Arts Inc Montpelier, VT PURPOSE: GENERAL PURPOSE | $7,500 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $7,500 |
Endowment Analysis
| Beg. Balance | $31,319,675 |
| Earnings | $1,426,951 |
| Admin Expense | $90,633 |
| Net Contributions | $5,391,432 |
| Other Expense | $1,725,097 |
| Ending Balance | $36,322,328 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |
National Museum Of Mathematics New York, NY | $42,218,242 | $9,885,068 |
Shelburne Museum Incorporated Shelburne, VT | $56,455,494 | $11,449,784 |
Amigos Del Museo Del Barrio New York, NY | $18,789,462 | $15,193,674 |
American Museum Of The Moving Image Astoria, NY | $5,870,489 | $5,453,055 |
Rockwell Museum Corning, NY | $8,339,616 | $5,240,521 |
Museum Of Chinese In The America New York, NY | $11,986,346 | $14,599,749 |