Delaware Agricultural Museum Association
- Assets
- $2.9m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Dover, DE
- Founding
- 08/1976
- Data as of
- 06/2022
- EIN
- 51-0177358
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.
Form
990
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Steele Vice Preside | OfficerTrustee | 2 | $0 |
Frances West Secretary | OfficerTrustee | 2 | $0 |
Karen Hutchison Treasurer | OfficerTrustee | 2 | $0 |
Grier Stayton President | OfficerTrustee | 2 | $0 |
Melissa Harrington Trustee | Trustee | 2 | $0 |
Cody Pettit Trustee | Trustee | 2 | $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 |
| 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 | $165,811 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $636 |
| Fees for services: Other | $12,824 |
| Advertising and promotion | $4,808 |
| Office expenses | $9,728 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,053 |
| 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 | $91,574 |
| Insurance | $16,320 |
| All other expenses | $13,176 |
| Total functional expenses | $427,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,181,313 |
| Savings and temporary cash investments | $228,047 |
| Pledges and grants receivable | $18,185 |
| 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 | $6,255 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $892,338 |
| Investments—publicly traded securities | $39,493 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $494,657 |
| Total assets | $2,860,288 |
| Accounts payable and accrued expenses | $104,740 |
| Grants payable | $0 |
| Deferred revenue | $49,172 |
| 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 | $13,208 |
| Total liabilities | $167,120 |
| Net assets without donor restrictions | $1,720,798 |
| Net assets with donor restrictions | $972,370 |
| 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 | $2,860,288 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Delaware Agricultural Museum Association has recieved totaling $59,030.
| Awarding Organization | Amount |
|---|---|
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 |
Endowment Analysis
| Beg. Balance | $44,953 |
| Earnings | -$4,824 |
| Admin Expense | $636 |
| Ending Balance | $39,493 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gettysburg Foundation Gettysburg, PA | $96,770,268 | $15,954,577 |
National Constitution Center Philadelphia, PA | $153,929,623 | $18,487,505 |
Museum Of The American Revolution Philadelphia, PA | $136,106,228 | $14,346,373 |
Eleutherian Mills-Hagley Foundation Inc Wilmington, DE | $219,223,690 | $13,522,481 |
B & O Railroad Museum Baltimore, MD | $29,274,881 | $4,473,800 |
Baltimore Museum Of Industry Baltimore, MD | $4,041,463 | $2,097,519 |
Historical Society Of Delaware Wilmington, DE | $28,427,187 | $2,375,420 |
York County History Center York, PA | $25,136,771 | $4,285,749 |
Rosenbach Museum And Library Philadelphia, PA | $17,031,009 | $1,543,993 |
Fort Ligonier Association Ligonier, PA | $13,253,074 | $1,289,104 |
National Museum Of Industrial History Bethlehem, PA | $11,228,100 | $1,548,361 |
National Civil War Museum Harrisburg, PA | $11,778,546 | $1,550,671 |