Palmer Museum Of History And Art
- Assets
- $78.5k
- Revenue
- $184.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Palmer, AK
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 20-3297367
Organization Overview
Palmer Museum Of History And Art is located in Palmer, AK. The organization was established in 2006. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Palmer Museum Of History And Art employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmer Museum Of History And Art 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, Palmer Museum Of History And Art generated $184.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $204.9k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, RESTORATION, TOURISM AND COMMUNITY DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE PALMER MUSEUM OF HISTORY ART, THE PALMER MUSEUM SHOP AND HISTORIC WALKING TOURS. WE WORK TO TELL THE STORY OF PALMER THROUGH OUR CURATED HISTORIC DISPLAYS AND EXHIBITS, HISTORIC WALKING TOURS, AND THROUGH SUPPORTING PALMER ARTISTS AND ARTS THROUGH OUR MUSEUM STORE. WE GAVE TOURS TO OVER 2,000 PEOPLE OVER THE COURSE OF THE SUMMER THROUGH PALMERS HISTORIC DISTRICT, AND CARRIED PRODUCT FROM OVER TWO DOZEN PALMER ARTISTS AND CRAFTERS IN OUR SHOP THROUGH THE 2021 SEASON.
PERMANENT EXHIBIT UPGRADE - IN 2021, THE MUSEUM LAUNCHED A NUMBER OF PLANNED UPGRADES TO OUR PERMANENT EXHIBITS, INCLUDING ORDERING A TOPOGRAPHICAL MAP OF THE GREATER PALMER AREA, ADDING NEW INFORMATIVE PANELS, AND PROVIDING NEW HOUSING FOR SOME OF OUR MORE FRAGILE DISPLAY PIECES. THE TOPOGRAPHICAL MAP WILL PROVIDE A TOOL FOR VISITORS AND OUR COMMUNITY MEMBERS ALIKE TO UNDERSTAND THE GEOLOGICAL AND CULTURAL HISTORY OF THE AREA.
PALMER VISITOR GUIDE - AS A PART OF MISSION TO TELL PALMERS STORY AND REPRESENT PALMER AS A DESTINATION FOR VISITORS, WE PRINT AND PRODUCE THE PALMER VISITOR GUIDE AS PART OF OUR VISITOR INFORMATION SERVICES CONTRACT WITH THE CITY OF PALMER. THIS 44 PAGE BOOKLET CONTAINS INFORMATION ON PALMERS HISTORY, SEVERAL UNIQUE TOURS TELLING THE HISTORY OR THE PALMER AREA, AND MAPS, TRIP PLANNING ADVICE, AND GUIDES TO LOCAL ARTISTS, BUSINESS, AND ATTRACTIONS FOR VISITORS AND OUR COMMUNITY ALIKE. EXPENSES FOR THIS PROGRAM IN 2021 WENT TO STORAGE COSTS FOR THE PHYSICAL GUIDE BOOKS, DISTRIBUTION COSTS TO SEND THE GUIDES AROUND THE STATE, AND PLANNING FOR THE 2022 GUIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Chesbro President | OfficerTrustee | 4 | $0 |
Mari Jo Parks Vice President | OfficerTrustee | 4 | $0 |
Erin Saunders Secretary | OfficerTrustee | 4 | $0 |
Margaret Adsit Treasurer | OfficerTrustee | 2.5 | $0 |
Michele Harmeling Director | Trustee | 2 | $0 |
Amber Lindstrom Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,610 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,716 |
| Total Program Service Revenue | $11,095 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,931 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,151 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $184,938 |
| 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 | $122,453 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,359 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,436 |
| Advertising and promotion | $12,244 |
| Office expenses | $12,707 |
| Information technology | $1,857 |
| Royalties | $0 |
| Occupancy | $418 |
| 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 | $1,390 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,921 |
| All other expenses | $0 |
| Total functional expenses | $204,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,508 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,508 |
| Accounts payable and accrued expenses | $20,661 |
| 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 | $20,661 |
| Net assets without donor restrictions | $0 |
| 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 | $57,847 |
| Total liabilities and net assets/fund balances | $78,508 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palmer Museum Of History And Art has recieved totaling $13,390.
| Awarding Organization | Amount |
|---|---|
Museums Alaska Incorporated Anchorage, AK PURPOSE: DIGITIZATION PROJECT | $13,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Confluences Vancouver, WA | $1,567,200 | $1,034,058 |
Nenana Ice Classic Association Inc Nenana, AK | $125,212 | $348,290 |
Palmer Museum Of History And Art Palmer, AK | $78,508 | $184,938 |
Tacoma Events Commission University Place, WA | $4,738 | $161,455 |
Juneau Gold Rush Days Juneau, AK | $10,494 | $0 |
Pointe Du Hoc Foundation Dupont, WA | $1,004,273 | $124,588 |
New Old Time Chautauqua Seattle, WA | $10,461 | $0 |
Rendezvous Days Colville, WA | $4,479 | $0 |
Amboy Territorial Days Assn Amboy, WA | $126,629 | $0 |
Seattle World Cruiser Association Centralia, WA | $1,037 | $0 |
Renton River Days Renton, WA | $77,310 | $0 |
Alaska Inaugural Committee Inc Anchorage, AK | $31,670 | $0 |