Friends Of The Museum
- Assets
- $84.2k
- Revenue
- $104.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Perham, MN
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 41-1875118
Organization Overview
Friends Of The Museum, operating under the name History Arts And Cultural, is located in Perham, MN. The organization was established in 1998. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. History Arts And Cultural 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, History Arts And Cultural generated $104.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $73.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. 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
THE MISSION OF THE FRIENDS OF THE HISTORY MUSEUM IS TO LEARN ABOUT AND INTEREST OTHERS IN THE HISTORY AND CULTURE OF THE AREA. THE MUSEUM MAINTAINS A COLLECTION OF ORIGINAL DOCUMENTS AND PROVIDES FREE ONLINE ACCESS TO LOCAL HISTORICAL RECORDS AND PHOTOGRAPHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAINTAINS THE ITOW (IN THEIR OWN WORDS) MUSEUM. THIS MUSEUM IS A VETERANS MUSEUM THAT PRESENTS PRE-RECORDED TRUE STORIES SPOKEN IN PERSON BY THE VETS. THE MUSEUM HAS ARTISTIC FROM CIVIC, WWI , WW2, VIETMAN, KOREAN, UP TO TODAY.
THE ORGANIZATION MANAGES PIONEER VILLAGE, A 25-ACRE PARK WITH HISTORIC BUILDINGS. THE ORGANIZTION PRODUCES AN ANNUAL ARTS AND CULTURE FESTIVAL AT PIONEER VILLAGE AND MAINTAINS THE SITE SEASONALLY FOR CULTURAL USE BY THE PUBLIC.
THE ORGANIZATION MAINTAINS A CORE LIBRARY OF ORIGINAL DOCUMENTS AND SOCIAL ASPECTS OF EAST OTTER TAIL COUNTY. THE ORGANIZATION PROVIDES ARTS AND HUMANITIES PROGRAMMING THROUGHOUT THE YEAR IN THE FORM OF LECTURES, WORKSHOPS, ARTISTIC DISPLAYS, AND ARTISTIC/CULTURAL PERFORMANCES. THE MUSEUMS PROVIDE FREE ONLINE ACCESS TO LOCAL HISTORICAL RECORDS AND PHOTOGRAPHS ON ITS WEBSITE, WWW.HISTORYMUSEUMEOT.COM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Johnson Treasurer | Officer | 0 | $0 |
Amanda Schultz Secretary | Officer | 0 | $0 |
Teresa Romann President | Officer | 0 | $0 |
Rose Neseth Director | Trustee | 0 | $0 |
Heidi Davidson Director | Trustee | 0 | $0 |
Jean Grismer Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,265 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,234 |
| Total Program Service Revenue | $13,090 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,425 |
| 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 | $25,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,212 |
| Office expenses | $885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,636 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,274 |
| Insurance | $2,939 |
| All other expenses | $1,526 |
| Total functional expenses | $73,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,204 |
| 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 | $813 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $31,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $84,216 |
| Accounts payable and accrued expenses | $1,122 |
| 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 | $1,122 |
| Net assets without donor restrictions | $83,094 |
| 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 | $84,216 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Museum has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Endowment Analysis
| Beg. Balance | -$27,770 |
| Net Contributions | $78,277 |
| Ending Balance | $50,507 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Public Broadcasting Foundation Inc Madison, WI | $32,720,675 | $11,782,247 |
Wisconsin History Foundation Inc Madison, WI | $57,186,900 | $14,378,166 |
Oakleaf Endowment Tr Fbo Minnesota Orchestra 063097 Minneapolis, MN | $81,273,856 | $10,271,429 |
Overture Center Foundation Inc Madison, WI | $20,998,721 | $8,215,874 |
Friends Of South Dakota Public Broadcasting Sioux Falls, SD | $8,253,361 | $5,354,022 |
Overture Development Corporation Madison, WI | $128,656,351 | $0 |
Des Moines Metro Opera Foundation Inc Indianola, IA | $21,471,212 | $2,429,329 |
John R Vanderlip Trust Uw 5006 Nect Milwaukee, WI | $35,603,983 | $4,156,554 |
Block 100 Foundation Inc Middleton, WI | $18,901,451 | $2,662,277 |
Wisconsin Youth Symphony Orchestra Inc Madison, WI | $7,680,238 | $7,653,874 |
Anna K Meredith Endowment Trust Des Moines, IA | $55,269,901 | $36,939,022 |
Museum Of Art Foundation Davenport, IA | $28,471,006 | $5,676 |