Black Hills Mining Museum
- Assets
- $136.0k
- Revenue
- $106.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Lead, SD
- Founding
- 01/1988
- Data as of
- 12/2021
- EIN
- 46-0392748
Organization Overview
Black Hills Mining Museum is located in Lead, SD. The organization was established in 1988. 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 12/2021, Black Hills Mining Museum employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Hills Mining 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 12/2021, Black Hills Mining Museum generated $106.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $97.1k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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
HOMESTAKE MINING MUSEUM'S PURPOSE IS TO RAISE AWARENESS OF THE MINIMG ACTIVITIES WHICH TOOK PLACE IN THE WORLD'S LARGEST GOLD MINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISITORS TOURED THE MINING MUSEUM AND PURCHASED MINING RELATED ITEMS IN THE GIFT SHOP.
VISITORS TOURED THE MINING MUSEUM AND PURCHASED MINING RELATED ITEMS IN THE GIFT SHOP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Stahl President/se | OfficerTrustee | $0 | |
David Reddick Treasurer | OfficerTrustee | $0 | |
Jerry Pontius Vice-Preside | OfficerTrustee | $0 | |
Bree Oatmen Board Member | Trustee | $0 | |
Lyman Toews Board Member | Trustee | $0 | |
Sierra Ward Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,385 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,205 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,484 |
| Total Program Service Revenue | $52,957 |
| Investment income | $22 |
| 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 | $21,178 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,641 |
| 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 | $49,574 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,905 |
| Advertising and promotion | $5,753 |
| Office expenses | $1,577 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,324 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $2,307 |
| Insurance | $7,859 |
| All other expenses | $726 |
| Total functional expenses | $97,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,772 |
| 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 | $2,608 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $26,271 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,375 |
| Total assets | $136,026 |
| Accounts payable and accrued expenses | $1,613 |
| 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 | $1,613 |
| Net assets without donor restrictions | $134,413 |
| 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 | $136,026 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Black Hills Mining Museum has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
National Czech & Slovak Museum & Library Cedar Rapids, IA | $33,480,949 | $3,909,322 |
Vesterheim Norwegian American Museum Decorah, IA | $24,953,272 | $7,187,886 |
Museum Of The Rockies Bozeman, MT | $31,412,475 | $8,834,590 |
Danish Immigrant Museum Elk Horn, IA | $10,787,918 | $1,977,649 |
Hastings Museum Hastings, NE | $361,116 | $1,611,547 |
Smith Collection Lincoln, NE | $38,634,581 | $8,821,762 |
National Sprint Car Hall Of Fame & Museum Foundation Inc Knoxville, IA | $7,797,948 | $2,501,286 |
Lake Superior Railroad Museum Duluth, MN | $1,428,444 | $1,322,754 |
Wyoming Dinosaur Center Thermopolis, WY | $2,337,620 | $1,002,918 |