Mccoy-Mcmechen Museum Inc
- Assets
- $478.0k
- Revenue
- $23.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Moorefield, WV
- Founding
- 11/1984
- Data as of
- 12/2021
- EIN
- 31-1105191
Organization Overview
Mccoy-Mcmechen Museum Inc is located in Moorefield, WV. The organization was established in 1984. According to its NTEE Classification (A50) the organization is classified as: 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. Mccoy-Mcmechen Museum 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 12/2021, Mccoy-Mcmechen Museum Inc generated $23.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $24.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRINCIPAL ACTIVITY IS THE MAINTENANCE OF THE BUILDING WHICH IS A COMMUNITY MUSEUM AND CENTER FOR THE PERFORMING ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Curtis Vice President | 0 | $0 | |
Hannah Heishman Board Member | 0 | $0 | |
Emily Sherman Secretary | 0 | $0 | |
Marshalll Chip Combs Board Member | 0 | $0 | |
Micheline Williams Board Member | 0 | $0 | |
John Brennskag President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,931 |
| Interest on Savings | $10,507 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,126 |
| Other Income | $103 |
| Total Revenue | $23,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $2,312 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,906 |
| Total operating and administrative expenses | $24,743 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $24,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,560 |
| Savings and temporary cash investments | $200,000 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $170,470 |
| Other assets | $0 |
| Total assets | $478,030 |
| Accounts payable and accrued expenses | -$25 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$25 |
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