Georgia Museums Inc
- Assets
- $34.5m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 179
- Location
- Cartersville, GA
- Founding
- 12/2004
- Data as of
- 06/2020
- EIN
- 20-1234015
Organization Overview
Georgia Museums Inc is located in Cartersville, GA. The organization was established in 2004. 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 06/2021, Georgia Museums Inc employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Museums 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 06/2020, Georgia Museums Inc generated $6.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $3.8m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF GEORGIA MUSEUMS, INC. IS THE OPERATION OF FOUR MUSEUMS: BARTOW HISTORY MUSEUM, BOOTH WESTERN ART MUSEUM, TELLUS SCIENCE MUSEUM AND SAVOY AUTOMOBILE MUSEUM. GEORGIA MUSEUMS, INC. SEEKS TO PROVIDE QUALITY CULTURAL AND EDUCATIONAL EXPERIENCES WHILE PRESERVING ITS COLLECTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOOTH WESTERN ART MUSEUM IS A 120,000 SQUARE-FOOT MUSEUM WITH GALLERIES OF WESTERN CONTEMPORARY ART. ADDITIONAL GALLERIES FEATURE PRESIDENTIAL LETTERS AND PHOTOGRAPHS, CIVIL WAR ART, AND FINE ART PHOTOGRAPHY. IN ADDITION TO THE PERMANENT GALLERIES, THERE ARE FOUR GALLERIES WITH TEMPORARY EXHIBITS. BOOTH REGULARLY OFFERS EVENING LECTURES, ART FOR LUNCH PROGRAMS, AND ART CLASSES AT THE NEARBY BOOTH ART ACADEMY. THE MUSEUM ALSO HAS A NEARBY SATELLITE GALLERY THAT SELLS ARTWORK FROM LOCAL ARTISTS, AS WELL AS PRINTS, POSTERS, AND BOOKS. DURING FISCAL YEAR 2021, 17,840 INDIVIDUALS VISITED THE MUSEUM. DURING SCHOOL YEAR 2020-2021, 7,003 STUDENTS PARTICIPATED IN AN EDUCATIONAL PROGRAM OR EXPERIENCE. THE BOOTH WESTERN ART MUSEUM HAS APPROXIMATELY 1,489 ACTIVE MEMBERS.
TELLUS SCIENCE MUSEUM, A 120,000 SQUARE-FOOT MUSEUM DEDICATED TO SCIENCE, HAS A MINERAL GALLERY, FOSSIL GALLERY, HANDS-ON CHILDREN'S SCIENCE GALLERY, TRANSPORTATION GALLERY, GEM PANNING AREA, AND A FOSSIL DIG AREA. WITHIN THE MUSEUM THERE ARE THREE TEMPORARY EXHIBIT GALLERIES HOSTING CHANGING EXHIBITS DURING THE YEAR. IN ADDITION, THERE IS A DIGITAL PLANETARIUM WITH SHOWS THROUGHOUT THE DAY. VISITORS CAN ALSO VISIT THE SOLAR HOUSE AND SEVERAL OUTDOOR EXHIBITS. IN FISCAL YEAR 2021, TELLUS HAD 86,983 VISITORS, INCLUDING 35,251 PEOPLE SEEING A PLANETARIUM SHOW. DURING SCHOOL YEAR 2020-2021, 1,622 STUDENTS PARTICIPATED IN STUDENT EDUCATIONAL PROGRAMS. TELLUS SCIENCE MUSEUM HAS 3,311 ACTIVE MEMBERS.
BARTOW HISTORY MUSEUM IS A 10,000 SQUARE-FOOT MUSEUM LOCATED IN A RESTORED 1869 COURTHOUSE IN DOWNTOWN CARTERSVILLE. VISITORS HAVE THE OPPORTUNITY TO LEARN ABOUT BARTOW COUNTY AND SURROUNDING AREA LOCAL HISTORY THROUGH EXHIBITS FEATURING ARTIFACTS THAT TRACE MORE THAN 200 YEARS OF HUMAN ACTIVITY. CHANGING EXHIBITS, EDUCATIONAL PROGRAMS, LECTURES, AND WORKSHOPS THROUGHOUT THE YEAR, HELP TELL THE STORY AS WELL. NEAR THE MUSEUM IS THE ARCHIVES AND RESEARCH LIBRARY, WHICH IS OPEN FOR PUBLIC RESEARCH. DURING FISCAL YEAR 2021, 2,887 INDIVIDUALS VISITED THE MUSEUM AND/OR ARCHIVES. DURING THE 2020-2021 SCHOOL YEAR, 662 STUDENTS PARTICIPATED IN STUDENT EDUCATIONAL PROGRAMS. THE BARTOW HISTORY MUSEUM HAS 337 ACTIVE MEMBERS.
SAVOY AUTOMOBILE MUSEUM CELEBRATES AUTOMOBILES THROUGHOUT THE MUSEUM IN A PERMANENT GALLERY AS WELL AS THREE TEMPORARY GALLERIES WITH CHANGING EXHIBITS. ALSO ON DISPLAY IS A BEAUTIFUL ARTWORK COLLECTION THAT CELEBRATES AUTOMOBILES. THE MUSEUM BUILDING OPEN TO THE PUBLIC IS 66,000 SQUARE FEET AND THERE IS A LARGE 34,000 SQUARE-FOOT STORAGE BUILDING ON THE CAMPUS. SAVOY OPENED ITS DOORS TO THE PUBLIC ON DECEMBER 8, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Hopkins Executive Director | Officer | 40 | $166,861 |
Cathy Lee Eckert Chief Operating Officer | Officer | 40 | $136,857 |
William J Thompson Jr Dod 72121 Senior Development Advisor | 40 | $101,021 | |
Lorraine Mcclain President | OfficerTrustee | 10 | $0 |
Dorothy Oscher Dod 162021 Vice President | OfficerTrustee | 1 | $0 |
Jonathan Oscher Vice President | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Linda Brunker Sculptor For Spirit Of Speed (Savoy) | 6/29/21 | $175,000 |
Emcor Services Aircond Hvac Maintenance, Water Treatment, Etc F | 6/29/21 | $148,727 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $626,218 |
| Fundraising events | $270,941 |
| Related organizations | $1,403,978 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,036,603 |
| Noncash contributions included in lines 1a–1f | $984,487 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,337,740 |
| Total Program Service Revenue | $1,712,726 |
| Investment income | $178,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $67,141 |
| Net Gain/Loss on Asset Sales | -$10,913 |
| Net Income from Fundraising Events | -$43,849 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $457,540 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,701,117 |
| 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 | $2,079,182 |
| Pension plan accruals and contributions | $35,778 |
| Other employee benefits | $181,836 |
| Payroll taxes | $152,115 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $183,864 |
| Office expenses | $146,201 |
| Information technology | $254,297 |
| Royalties | $0 |
| Occupancy | $38,916 |
| Travel | $25,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,039 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $341,726 |
| Insurance | $15,343 |
| All other expenses | $66,364 |
| Total functional expenses | $3,792,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,235,550 |
| Savings and temporary cash investments | $165,740 |
| Pledges and grants receivable | $235,780 |
| Accounts receivable, net | $33,703 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,129,606 |
| Prepaid expenses and deferred charges | $428,781 |
| Net Land, buildings, and equipment | $1,743,699 |
| Investments—publicly traded securities | $9,353,983 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,177,429 |
| Total assets | $34,504,271 |
| Accounts payable and accrued expenses | $653,332 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,071,000 |
| Total liabilities | $1,724,332 |
| Net assets without donor restrictions | $24,115,477 |
| Net assets with donor restrictions | $8,664,462 |
| 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 | $34,504,271 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Georgia Museums Inc has recieved totaling $79,786.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: ARTS/CULTURE/HUMANITIES | $27,500 |
The Scott Hudgens Family Foundation Inc Duluth, GA PURPOSE: DESIG FOR TELLUS SCIENCE MUSEUM, FOR EDUCATIONAL SCHOOL FIELD TRIPS FOR GWINNETT CO STUDENTS | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $13,500 |
Ron & Lisa Brill Charitable Tr Wilmington, DE PURPOSE: BOOTH MUSEUM TOWARDS THE PURCHASE OF CANYON WARRIOR | $10,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: PARTIAL FUNDING FOR THE NEW TELLUS SCIENCE MUSEUM EXHIBITION | $5,100 |
Georgia Power Foundation Inc In Receivership Atlanta, GA PURPOSE: FIELD TRIP PROGRAMS AT TELLUS SCIENCE MUSEUM | $5,000 |
Endowment Analysis
| Beg. Balance | $9,353,983 |
| Earnings | $2,511,729 |
| Admin Expense | $73,034 |
| Net Contributions | $1,796,563 |
| Ending Balance | $13,589,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Palm Beach Maritime Museum Inc Lantana, FL | $20,865,906 | $12,542,003 |
Barber Vintage Motorsports Museum Birmingham, AL | $96,854,317 | $20,184,084 |
National Center For Civil And Humanrights Inc Atlanta, GA | $28,909,465 | $12,210,926 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Atlanta Hall Management Inc Atlanta, GA | $34,614,233 | $3,372,998 |
International African American Museum Charleston, SC | $69,899,271 | $29,654,302 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Naval Aviation Museum Foundation Inc Pensacola, FL | $33,055,724 | $12,296,659 |
Cook Museum Of Natural Science Decatur, AL | $31,863,685 | $9,083,410 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Tennessee Valley Railroad Museum Inc Chattanooga, TN | $14,724,108 | $5,452,372 |