The Durham Museum
- Assets
- $15.4m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 95
- Location
- Omaha, NE
- Founding
- 04/1974
- Data as of
- 12/2020
- EIN
- 47-0556061
Organization Overview
The Durham Museum is located in Omaha, NE. The organization was established in 1974. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Durham Museum employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durham 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 12/2020, Durham Museum generated $5.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $4.6m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RELEVANT EDUCATIONAL AND ENTERTAINING OPPORTUNITIES WITHIN THE REGION THAT EXCEED CUSTOMER EXPECTATIONS, WHILE PRESERVING OUR COMMUNITY'S VIBRANT CULTURAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORICAL BUILDING MAINTENANCE: MAINTAINED AND CARED FOR THE MUSEUM'S BUILDING. THE BUILDING IS A NATIONAL HISTORICAL LANDMARK.
EXHIBITS: BUILT AND DISPLAYED 4 MAJOR EXHIBITIONS FOR 188,671 VISITORS AND FACILITY RENTALS.
EDUCATION: PROVIDED 11,635 PEOPLE WITH GUIDED TOURS OF THE MUSEUM FACILITIES AND PROGRAMS RELATED TO HISTORY. ALSO PROVIDED PROGRAMMING TO 98,718 PEOPLE VIRTUALLY.
COLLECTIONS AND ARCHIVAL PHOTOGRAPY: MAINTAINED RECORDS AND CARED FOR THE MUSEUM'S COLLECTION OF 60,000 HISTORIC ARTIFACTS AND ASSISTED IN HISTORIC RESEARCH OF THESE ARTIFACTS. CARED FOR 1,100,000 PHOTOS AND NEGATIVES OF HISTORIC VALUE. EVENTS: PROVIDE COMMUNITY EVENTS RELATING TO THE MUSEUM, ITS COLLECTIONS, AND EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christi Janssen Executive Director | Officer | 40 | $187,000 |
Susan Sheehy Director Of Finance And Ad | Officer | 40 | $113,597 |
Corey Wilson Director Of Development | 40 | $113,597 | |
John Boyer Secretary | OfficerTrustee | 1 | $0 |
John Nelson Chair | OfficerTrustee | 1 | $0 |
Stephen Abels Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,039,319 |
| Investment income | $109,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $15,133 |
| Net Rental Income | $45,193 |
| Net Gain/Loss on Asset Sales | -$2,466 |
| Net Income from Fundraising Events | -$25,776 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$129,181 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,410,421 |
| Statement of Expenses | |
|---|---|
| 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. | $288,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,315,347 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $169,020 |
| Payroll taxes | $121,078 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,274 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,715 |
| Fees for services: Other | $0 |
| Advertising and promotion | $242,591 |
| Office expenses | $242,523 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $265,660 |
| 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 | $1,042,070 |
| Insurance | $77,133 |
| All other expenses | $0 |
| Total functional expenses | $4,573,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,980,971 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $833,153 |
| Accounts receivable, net | $18,529 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $53,797 |
| Prepaid expenses and deferred charges | $245,526 |
| Investments—publicly traded securities | $3,372,044 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,389,425 |
| Accounts payable and accrued expenses | $531,700 |
| Grants payable | $0 |
| Deferred revenue | $222,665 |
| 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 | $375,000 |
| Total liabilities | $1,129,365 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $14,260,060 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Durham Museum has recieved totaling $238,300.
| Awarding Organization | Amount |
|---|---|
John K And Lynne D Boyer Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $136,300 |
Richard Brooke Foundation Omaha, NE PURPOSE: DINOSAUR REVOLUTION EXHIBIT | $50,000 |
Sunny Durham Family Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $50,000 |
Backer Family Charitable Trust Omaha, NE PURPOSE: GENERAL FUND | $1,500 |
Dale And Patsy Hosman Family Foundation Inc Englewood, FL PURPOSE: SUPPORT OF ANNUAL FUND | $500 |
Endowment Analysis
| Beg. Balance | $345,883 |
| Ending Balance | $345,883 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Liberty Memorial Association Kansas City, MO | $35,751,544 | $14,461,883 |
Hoyt Sherman Place Foundation Des Moines, IA | $25,209,028 | $4,318,549 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
Historicorps Morrison, CO | $763,649 | $2,724,151 |
Breckenridge Heritage Alliance Breckenridge, CO | $410,741 | $1,870,667 |
Orpheum Theatre Preservation Project Ltd Sioux City, IA | $9,952,360 | $2,698,691 |
Docs Friends Inc Wichita, KS | $10,795,174 | $1,472,500 |
Badlands Natural History Association Inc Interior, SD | $3,710,673 | $1,802,760 |
Franklin County Fair Foundation Hampton, IA | $108,954 | $446,222 |
Norwood Hills Country Club Preservation Foundation Saint Louis, MO | $27,533 | $139,686 |
Heart Mountain Wyoming Foundation Powell, WY | $9,452,012 | $2,858,388 |
Freedoms Frontier National Heritage Area Inc Lawrence, KS | $186,833 | $1,011,991 |