Museum Of Arts & Sciences Inc
- Assets
- $9.4m
- Revenue
- $1.3m
- Investments
- $1.7m
- Employees
- 36
- Location
- Macon, GA
- Founding
- 03/1961
- Data as of
- 06/2021
- EIN
- 58-0806933
Organization Overview
Museum Of Arts & Sciences Inc is located in Macon, GA. The organization was established in 1961. 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 06/2021, Museum Of Arts & Sciences Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Arts & Sciences Inc 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 06/2021, Museum Of Arts & Sciences Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. 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
IT SHALL BE THE PURPOSE OF THE MUSEUM OF ARTS AND SCIENCES TO ACQUIRE, PRESERVE, STUDY, INTERPRET, AND EXHIBIT OBJECTS OF ARTISTIC, SCIENTIFIC, HISTORICAL, OR CULTURAL VALUE, THAT HAVE INHERENT SIGNIFICANCE FOR THE PEOPLE OF MIDDLE GEORGIA, SO AS TO PROMOTE A FULLER UNDERSTANDING OF MAN, HIS HERITAGE AND ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM OF ARTS AND SCIENCES MAINTAINS AND OPERATES A FACILITY IN MACON, GEORGIA FOR THE MAIN PURPOSE OF PROMOTING THE PRESERVATION OF HISTORICAL, CULTURAL, AND SCIENTIFIC MATERIALS. THE MUSUEM OFFERS PERMANENT AND CHANGING EXHIBITS, LECTURES, CLASSES AND MUSEUM TRIPS WITH AN EMPHASIS ON SERVING AS AN ADJUNCT TO THE PUBLIC EDUCATIONAL INSTITUTIONS LOCATED IN MIDDLE GEORGIA.
THE MUSEUM OF ARTS AND SCIENCES MAINTAINS AND OPERATES A FACILITY IN MACON, GEORGIA FOR THE MAIN PURPOSE OF PROMOTING THE PRESERVATION OF HISTORICAL, CULTURAL, AND SCIENTIFIC MATERIALS. THE MUSUEM OFFERS PERMANENT AND CHANGING EXHIBITS, LECTURES, CLASSES AND MUSEUM TRIPS WITH AN EMPHASIS ON SERVING AS AN ADJUNCT TO THE PUBLIC EDUCATIONAL INSTITUTIONS LOCATED IN MIDDLE GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Welsh Executive Dir. | Officer | 50 | $63,809 |
Mary Bowman Hampton Secretary | OfficerTrustee | 1 | $0 |
Tom Wight Treasurer | OfficerTrustee | 2 | $0 |
Bert Maxwell IV President | OfficerTrustee | 1 | $0 |
Judge Howard Simms Trustee | Trustee | 1 | $0 |
Lester Miller Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $70,866 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $327,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $578,389 |
| Noncash contributions included in lines 1a–1f | $85,791 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $976,415 |
| Total Program Service Revenue | $113,549 |
| Investment income | $41,049 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $119,656 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $33,988 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,288,737 |
| 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. | $70,000 |
| Compensation of current officers, directors, key employees. | $24,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $449,117 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,161 |
| Payroll taxes | $39,712 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,790 |
| Office expenses | $13,326 |
| Information technology | $42,789 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $344,888 |
| Insurance | $25,068 |
| All other expenses | $40,752 |
| Total functional expenses | $1,425,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,150,059 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $146,875 |
| Accounts receivable, net | $9,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,666 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,424,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,736,139 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,928,402 |
| Total assets | $9,410,965 |
| Accounts payable and accrued expenses | $47,116 |
| 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 | $137,203 |
| Other liabilities | $0 |
| Total liabilities | $184,319 |
| Net assets without donor restrictions | $6,714,472 |
| Net assets with donor restrictions | $2,512,174 |
| 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 | $9,410,965 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Museum Of Arts & Sciences Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Dunlap-Cogswell Foundation Atlanta, GA PURPOSE: GENERAL PROGRAMS | $500 |
Endowment Analysis
| Beg. Balance | $1,337,346 |
| Earnings | $469,283 |
| Admin Expense | $18,090 |
| Net Contributions | $15,000 |
| Other Expense | $67,400 |
| Ending Balance | $1,736,139 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Palm Beach Maritime Museum Inc Lantana, FL | $20,865,906 | $12,542,003 |
Barber Vintage Motorsports Museum Birmingham, AL | $96,854,317 | $20,184,084 |
National Center For Civil And Humanrights Inc Atlanta, GA | $28,909,465 | $12,210,926 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Atlanta Hall Management Inc Atlanta, GA | $34,614,233 | $3,372,998 |
International African American Museum Charleston, SC | $69,899,271 | $29,654,302 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Naval Aviation Museum Foundation Inc Pensacola, FL | $33,055,724 | $12,296,659 |
Cook Museum Of Natural Science Decatur, AL | $31,863,685 | $9,083,410 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Tennessee Valley Railroad Museum Inc Chattanooga, TN | $14,724,108 | $5,452,372 |