Apex Museum
- Assets
- $1.6m
- Revenue
- $177.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/1979
- Data as of
- 12/2021
- EIN
- 58-1333358
Organization Overview
Apex Museum is located in Atlanta, GA. The organization was established in 1979. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apex 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, Apex Museum generated $177.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $137.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
SEE BELOW TO ACCURATELY INTERPRET AND PRESENT HISTORY FROM AN AFRICAN AMERICAN PERSPECTIVE IN ORDER TO HELP AMERICAN AND INTERNATIONAL VISITORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
APEX IS POISED TO CONTINUE ITS VISION TO BUILD A WORLD CLASS FACILITY. WHERE YOU WILL BE ABLE TO TAKE A CHILD BY THE HAND AND WALK THEM THROUGH A RE-CREACTION OF HISTORY FROM ANCIENT AFRICAN CIVILIZATIONS TO CONTEMPORARY BLACK AMERICA. ALL OF THIS IN A LIFE SIZE PANORAMIC VENUES WITH STATE OF THE ART TECHNOLOGY AND INTERTACTIVE COMPONENTS. DURING THE COVID 19 CHALLENGE WE CREATED A NUMBER OF ONLINE PROGRAMS TO BENEFIT THE COMMUNITY. THE OUTREACH INCLUDED HELPING PRIVATE AND PUBLIC SCHOOLS LEARN LESSONS THAT WAS INTERESTING, ENLIGHTENING AND BENEFICIAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Dan Moore Sr President | OfficerTrustee | 40 | $0 |
Bernard Bronner Vice Chair | OfficerTrustee | 2 | $0 |
Janis Perkins Director | Trustee | 2 | $0 |
Danielie Clay Treasurer | OfficerTrustee | 2 | $0 |
Penny Brown Reynolds Director | Trustee | 1 | $0 |
Jonathan Mayo Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $98,288 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,982 |
| Total Program Service Revenue | $24,051 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,803 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$11,283 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,073 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $42,124 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,005 |
| Office expenses | $10,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,830 |
| Travel | $61 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $137,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,363 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,243,261 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $198,185 |
| Total assets | $1,573,809 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,573,809 |
| 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 | $1,573,809 |