Fairbanks Museum And Planetarium

Organization Overview

Fairbanks Museum And Planetarium is located in St Johnsbury, VT. The organization was established in 1943. 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 12/2021, Fairbanks Museum And Planetarium employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairbanks Museum And Planetarium 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 12/2021, Fairbanks Museum And Planetarium generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FAIRBANKS MUSEUM AND PLANETARIUM'S MISSION IS TO INSPIRE WONDER, CUROSITY AND RESPONSIBILITY FOR THE NATURAL WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAIRBANKS MUSEUM AND PLANETARIUM PROVIDES EXHIBITS, EDUCATIONAL SERVICES, WEATHER FORECASTS AND SCIENCE PROGRAMS TO THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Adam Kane
Executive Director
$107,500
Daniel Kimbell
Trustee/treasurer
$0
Paige Crosby
Trustee/chair
$0
Rebecca Hill-Larsen
Trustee/secretary
$0
Otto Wurzburg
Trustee
$0
Dan Hughes
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Alliance Construction & Excavation
Construction
$260,309
Vermont Integated Architecture Pc
Architecture
$144,568
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $745,764
All other contributions, gifts, grants, and similar amounts not included above$1,298,061
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,043,825
Total Program Service Revenue$374,284
Investment income $35,008
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $72,320
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $38,487
Miscellaneous Revenue$0
Total Revenue $2,594,399

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Fairbanks Museum And Planetarium has recieved totaling $494,476.

Awarding OrganizationAmount
Stockman Fam Foundation Tr

New York, NY

PURPOSE: GENERAL SUPPORT GRANT

$200,000
Bny Mellon Charitable Gift Fund

Boston, MA

PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE

$110,000
Vermont Council On The Arts Inc

Montpelier, VT

PURPOSE: GENERAL PURPOSE

$48,700
Vermont Community Foundation

Middlebury, VT

PURPOSE: GENERAL PURPOSE

$46,050
The Community Foundation For Greater Atlanta Inc

Atlanta, GA

PURPOSE: ARTS/CULTURE/HUMANITIES

$30,000
George W Mergens Foundation

Milton, VT

PURPOSE: SCIENCE ANNEXCHALLENGE FUNDRAISER

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,150,483
Earnings$233,584
Net Contributions$794,049
Other Expense$18,341
Ending Balance$3,159,775

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