Hammond Museum Inc
- Assets
- $659.3k
- Revenue
- $306.4k
- Investments
- $0.0
- Employees
- 0
- Location
- North Salem, NY
- Founding
- 10/1963
- Data as of
- 12/2023
- EIN
- 13-6111418
Organization Overview
Hammond Museum Inc is located in North Salem, NY. The organization was established in 1963. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hammond Museum Inc 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 12/2023, Hammond Museum Inc generated $306.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $260.3k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VISITORS WITH ENRICHING EXHIBITIONS AND PROGRAMS, TOGETHER WITH THE GARDEN, AND TO PROMOTE EAST-WEST CULTURAL UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE VISITORS WITH THE SERENITY AND ENRICHMENT OF ART AND NATURE, TO FOSTER EAST-WEST CULTURAL UNDERSTANDING THROUGH INNOVATIVE ART EXHIBITIONS, ENGAGING PROGRAMS AND PERFORMANCES, AND THE BEAUTY OF THE JAPANESE GARDEN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Hammer Executive Dir. | OfficerTrustee | 40 | $70,036 |
Alisa Sakai Chairman | Trustee | 5 | $0 |
Dr Dustan Osborn Chairman | Trustee | 1 | $0 |
Lisa Breznak Vice Chairman | Trustee | 5 | $0 |
John Liao Treasurer | Trustee | 2 | $0 |
Chris Pepino Secretary | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,645 |
| Fundraising events | $4,393 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,852 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,890 |
| Total Program Service Revenue | $78,505 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $68,040 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $306,436 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $645 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $725 |
| Fees for services: Accounting | $6,301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,036 |
| Advertising and promotion | $1,388 |
| Office expenses | $791 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,057 |
| Insurance | $12,363 |
| All other expenses | $52,188 |
| Total functional expenses | $260,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,370 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,937 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $621,953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $659,260 |
| Accounts payable and accrued expenses | $2,615 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,500 |
| Secured mortgages and notes payable | $109,640 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,439 |
| Total liabilities | $128,194 |
| Net assets without donor restrictions | $531,066 |
| Net assets with donor restrictions | $0 |
| 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 | $659,260 |