Delaware Agricultural Museum Association

Organization Overview

Delaware Agricultural Museum Association is located in Dover, DE. The organization was established in 1976. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Delaware Agricultural Museum Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Agricultural Museum Association 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 06/2022, Delaware Agricultural Museum Association generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $427.6k during the year ending 06/2022. While expenses have increased by 6.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO COLLECT, PRESERVE, EXHIBIT AND INTERPRET THE HISTORY AND TECHNOLOGY OF DELAWARE AND THE DELMARVA PENINSULA'S FARM LIFE/CULTURE AND TO OFFER PUBLIC EDUCATION PROGRAMS AND SERVICES RELATED TO ASPECTS OF THE SAME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO EDUCATE THE GENERAL PUBLIC ABOUT HISTORICAL AGRICULTURAL ACTIVIITES AND PROCEDURES, DOCUMENT THE TECHNOLOGICAL CHANGES IN AGRICULUTRE AND PRESERVE HISTORICALLY ACCURATE REPRESENTATIONS OF AGRICULTURE AND RURAL LIFE.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Hutchison
Treasurer
$0
Grier Stayton
President
$0
Samantha Steele
Vice Preside
$0
Frances West
Secretary
$0
Dick Carter
Trustee
$0
Melissa Harrington
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$5,735
Fundraising events$0
Related organizations$0
Government grants $1,700,000
All other contributions, gifts, grants, and similar amounts not included above$118,281
Noncash contributions included in lines 1a–1f $1,495
Total Revenue from Contributions, Gifts, Grants & Similar$1,824,016
Total Program Service Revenue$29,584
Investment income $448
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $73,579
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $4,858
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,409
Miscellaneous Revenue$0
Total Revenue $1,933,894

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Delaware Agricultural Museum Association has recieved totaling $59,030.

Awarding OrganizationAmount
Delaware Electric Cooperative Inc

Greenwood, DE

PURPOSE: CHARITABLE

$29,500
Delaware Electric Cooperative Inc

Greenwood, DE

PURPOSE: CHARITABLE

$29,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$30
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$44,953
Earnings-$4,824
Admin Expense$636
Ending Balance$39,493

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