Crosswater Canyon Inc is located in Petersburg, KY. The organization was established in 2013. 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 12/2023, Crosswater Canyon Inc employed 883 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosswater Canyon 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, Crosswater Canyon Inc generated $37.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $29.8m during the year ending 12/2023. While expenses have increased by 11.2% per year over the past 8 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 OPERATE FOR THE BENEFIT OF, AND TO SUPPORT THE MISSION AND PURPOSES OF, ANSWERS IN GENESIS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARK ENCOUNTER - BIBLICALLY THEMED ATTRACTION, LOCATED IN WILLIAMSTOWN KENTUCKY, OPENED TO THE GENERAL PUBLIC ON AN ADMISSIONS FEE BASIS JULY 7, 2016.
DISTRIBUTION OF RELATED LITERATURE, DVDS, INSTRUCTIONAL MATERIAL, RELATED MERCHANDISE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Kellum Board Member | Trustee | 5 | $0 |
Craig Baker Board Member | Trustee | 5 | $0 |
Dan Manthei Board Member - Exited 9/23 | Trustee | 5 | $0 |
Judge Darrell White Board Vice Chairperson | OfficerTrustee | 5 | $0 |
Adam Heinlein Board Chairperson | OfficerTrustee | 5 | $0 |
Scott Fetzer Treasurer/cfo | Officer | 10 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Conquer Advertising | 12/30/23 | $2,820,500 |
Croswell Of Williamsburg Llc Transportation | 12/30/23 | $1,921,211 |
Joseph David Advertising Llc Marketing | 12/30/23 | $1,650,000 |
Mark Spaulding Construction Co Construction | 12/30/23 | $1,281,924 |
Epling Construction Of Northern Kentucky Construction | 12/30/23 | $208,352 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $663,479 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,479 |
| Total Program Service Revenue | $27,815,197 |
| Investment income | $6,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,483 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,146,100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,293,821 |
| 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. | $66,919 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,780,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,530,557 |
| Payroll taxes | $655,482 |
| 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 | $3,571,404 |
| Advertising and promotion | $3,684,477 |
| Office expenses | $1,574,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $953,371 |
| Travel | $77,777 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $332,724 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,984,575 |
| Insurance | $0 |
| All other expenses | $23,119 |
| Total functional expenses | $29,810,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,617,589 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,805,472 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $566,208 |
| Prepaid expenses and deferred charges | $413,603 |
| Net Land, buildings, and equipment | $118,570,160 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,192,632 |
| Total assets | $132,165,664 |
| Accounts payable and accrued expenses | $2,570,117 |
| Grants payable | $0 |
| Deferred revenue | $3,182,965 |
| 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 | $17,587,689 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,963,017 |
| Total liabilities | $49,303,788 |
| Net assets without donor restrictions | $82,861,876 |
| 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 | $132,165,664 |