Peoria Riverfront Museum
- Assets
- $12.2m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 75
- Location
- Peoria, IL
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 27-2920016
Organization Overview
Peoria Riverfront Museum is located in Peoria, IL. The organization was established in 2011. 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 06/2022, Peoria Riverfront Museum employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoria Riverfront Museum 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 06/2022, Peoria Riverfront Museum generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $4.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE LIFELONG LEARNING FOR ALL, CONNECTING ART, HISTORY, SCIENCE AND ACHIEVEMENT THROUGH COLLECTIONS, EXHIBITIONS, AND PROGRAMS.
Describe the Organization's Program Activity:
EDUCATIONAL PROGRAMS: THE PEORIA RIVERFRONT MUSEUM PROVIDES LIFELONG LEARNING EDUCATIONAL OPPORTUNITIES IN THE ARTS, HISTORY, SCIENCE AND ACHIEVEMENT. THE OPPORTUNITIES INCLUDE AN EMPHASIS ON K-12 LEARNING FOR THE SCHOOLS, PUBLIC AND PAROCHIAL, AS WELL AS HOMESCHOOL COOPS, IN A 20-COUNTY CENTRAL ILLINOIS AREA FOR AN AVERAGE OF 30,000 STUDENTS ON AN ANNUAL BASIS.
GIANT SCREEN THEATER: THE PEORIA RIVERFRONT MUSEUM INCLUDES A GIANT SCREEN THEATER. THE CONTENT PRESENTED IN THE GIANT SCREEN THEATER IS REVIEWED BY THE MUSEUM'S PROGRAMS STAFF TO HELP ENSURE THAT IT SUPPORTS THE MISSION OF THE MUSEUM. THE CONTENT INCLUDES DOCUMENTARIES MADE FOR A GIANT SCREEN, FILMS THAT ENHANCE CURRENT EXHIBITIONS, AND CLASSIC OR SECOND-RUN MOVIES THAT MEET THE MISSION AND TAKE FULL ADVANTAGE OF THE GIANT SCREEN'S TECHNICAL CAPABILITIES. REVENUE INCLUDES CONCESSION SALES.
EXHIBITIONS/MEMBERSHIPS/MUSEUM SHOP: THE PEORIA RIVERFRONT MUSEUM PROVIDES ART, SCIENCE, HISTORY AND ACHIEVEMENT EXHIBITIONS, ACTIVITIES AND PROGRAMS IN FIVE MAIN GALLERIES, DISPERSED CASES, AND OUTDOOR SCULPTURE AREAS TO DISPLAY TEMPORARY AND LONG-TERM EXHIBITS. ON AN ANNUAL BASIS, THE MUSEUM SERVES 150,000 VISITORS ONSITE AND 1,000 THROUGH OUTREACH PROGRAMS AND RECORDS MORE THAN 500,000 WEBSITE AND SOCIAL MEDIA ENGAGEMENTS.
PLANETARIUM: THE PURPOSE OF THE PEORIA RIVERFRONT MUSEUM DOME PLANETARIUM IS TO PROVIDE LIFELONG LEARNING OPPORTUNITIES IN A VARIETY OF STEM DISCIPLINES, ESPECIALLY ASTRONOMY, PHYSICS, AND ENGINEERING. THE PLANETARIUM PRESENTS A VARIETY OF SCHOOL AND PUBLIC PROGRAMS THROUGHOUT THE YEAR AND STRIVES TO INSPIRE THE NEXT GENERATION OF SPACE EXPLORERS, SCIENTISTS AND ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Morris President & CEO | Officer | 40 | $142,896 |
Ruth Bittner VP Of Finance | Officer | 40 | $80,650 |
Brian Ray Secretary | OfficerTrustee | 1 | $0 |
Steve Jackson Chair | OfficerTrustee | 1 | $0 |
Lisa Gates Director | OfficerTrustee | 1 | $0 |
Karen Jensen Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simantel Marketing | 6/29/15 | $101,805 |
Vonachen Services Inc Janitorial | 6/29/15 | $131,657 |
Vonachen Services Inc Janitorial | 6/29/15 | $131,657 |
Simantel Marketing | 6/29/15 | $101,805 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $648,703 |
| Fundraising events | $0 |
| Related organizations | $511,181 |
| Government grants | $501,855 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,569,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,231,159 |
| Total Program Service Revenue | $798,121 |
| Investment income | $1,635 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $46,834 |
| Net Gain/Loss on Asset Sales | -$31,034 |
| Net Income from Fundraising Events | $37,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $134,909 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,223,811 |
| 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. | $273,144 |
| Compensation of current officers, directors, key employees. | $159,398 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,376,562 |
| Pension plan accruals and contributions | $13,169 |
| Other employee benefits | $160,033 |
| Payroll taxes | $122,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $578 |
| Fees for services: Accounting | $84,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,812 |
| Advertising and promotion | $105,322 |
| Office expenses | $97,824 |
| Information technology | $90,320 |
| Royalties | $0 |
| Occupancy | $381,693 |
| Travel | $13,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,614 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $558,608 |
| Insurance | $87,051 |
| All other expenses | $173,682 |
| Total functional expenses | $4,516,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,820,514 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $854,890 |
| Accounts receivable, net | $24,973 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,473 |
| Prepaid expenses and deferred charges | $224,065 |
| Net Land, buildings, and equipment | $8,243,541 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,190,456 |
| Accounts payable and accrued expenses | $172,725 |
| Grants payable | $0 |
| Deferred revenue | $50,266 |
| 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 | $51,055 |
| Total liabilities | $274,046 |
| Net assets without donor restrictions | $8,404,879 |
| Net assets with donor restrictions | $3,511,531 |
| 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 | $12,190,456 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peoria Riverfront Museum has recieved totaling $20,500.
| Awarding Organization | Amount |
|---|---|
Cline-Lofftus Foundation Monmouth, IL PURPOSE: EDUCATIONAL | $20,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Muhammad Ali Museum And Education Louisville, KY | $31,131,591 | $4,563,188 |
Lake States Dairy Center Inc Fair Oaks, IN | $6,073,141 | $3,616,020 |