Hanford Reach Interpretive Center
- Assets
- $1.7m
- Revenue
- $272.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Richland, WA
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-2533770
Organization Overview
Hanford Reach Interpretive Center is located in Richland, WA. The organization was established in 2005. According to its NTEE Classification (A54) the organization is classified as: History 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. Hanford Reach Interpretive Center 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, Hanford Reach Interpretive Center generated $272.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $168.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST THE RICHLAND PUBLIC FACILITIES DISTRICT WITH CONTINUED DEVELOPMENT AND OPERATIONS ASSISTANCE OF THE HANFORD REACH INTERPRETIVE CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED WORK WITH THE RICHLAND PUBLIC FACILITIES DISTRICT TO OPERATE THE HANFORD REACH INTERPRETIVE CENTER AND CHANGE AND UPDATE EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Simmons President | Officer | 5 | $0 |
William Dunwoody Treasurer | Officer | 5 | $0 |
Pete Hedges Secretary | Officer | 5 | $0 |
Dawn Wellman Board Member | Trustee | 2 | $0 |
Kristin Norell Board Member | Trustee | 2 | $0 |
Pam Larsen Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,463 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,713 |
| Total Program Service Revenue | $0 |
| Investment income | $36,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $104,885 |
| Net Income from Fundraising Events | $52,818 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,197 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $158,500 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $462 |
| Information technology | $1,849 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $168,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,125 |
| Savings and temporary cash investments | $28,667 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,664,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,741,223 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $48,125 |
| Net assets with donor restrictions | $1,693,098 |
| 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 | $1,741,223 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hanford Reach Interpretive Center has recieved totaling $7,187.
| Awarding Organization | Amount |
|---|---|
United Way Of Benton & Franklin Counties Kennewick, WA PURPOSE: Donor Designated Gift | $7,019 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $168 |
Endowment Analysis
| Beg. Balance | $1,184,904 |
| Earnings | $141,666 |
| Other Expense | $45,000 |
| Ending Balance | $1,281,570 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchorage Museum Association Anchorage, AK | $13,680,966 | $14,736,241 |
Northwest Maritime Center Port Townsend, WA | $21,051,564 | $9,184,031 |
Burke Museum Association Seattle, WA | $1,429,157 | $2,025,349 |
Densho Seattle, WA | $2,629,365 | $2,391,669 |
Yakima Valley Museum & Hist Assn Yakima, WA | $9,407,246 | $1,269,577 |
Warhawk Air Museum Inc Nampa, ID | $5,473,516 | $2,607,121 |
The Willamette Heritage Center Salem, OR | $3,704,693 | $931,387 |
Columbia River Steamship Operators Association Portland, OR | $727,117 | $771,163 |
Valdez Museum And Historical Archive Association Incorporated Valdez, AK | $412,960 | $617,040 |
Alaska Aviation Heritage Museum Anchorage, AK | $6,679,112 | $631,265 |
Columbia Gorge Interpretive Center Stevenson, WA | $2,351,160 | $339,061 |
Port Townsend Aero Museum Port Townsend, WA | $7,746,029 | $1,457,196 |