Cussler Museum is located in Arvada, CO. The organization was established in 2008. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cussler 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 12/2022, Cussler Museum generated $33.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $247.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM IS OPERATED AND AVAILABLE TO THE GENERAL PUBLIC TO DISPLAY VINTAGE AUTOMOBILES AND FIREARMS THAT REFLECT INDUSTRIALIZATION AT THE TURN OF THE CENTURY AND TO FOSTER A BETTER UNDERSTANDING OF THE HISTORY AND DEVELOPMENT OF THESE ARTIFACTS AND PEOPLE ASSOCIATED WITH THEM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Toft President | 0 | $50,000 | |
Dirk Cussler Treasurer | 0 | $0 | |
Dayna Cussler Secretary | 0 | $0 | |
Jason Toft Director | 0 | $0 | |
Amie Knutson Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $0 |
| Net Rental Income | $3,051 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $35 |
| Other Income | $30,304 |
| Total Revenue | $33,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $57,585 |
| Pension plans, employee benefits | $12,239 |
| Interest | $36 |
| Taxes | $36,741 |
| Depreciation | $3,236 |
| Occupancy | $17,929 |
| Travel, conferences, and meetings | $863 |
| Printing and publications | $0 |
| Other expenses | $63,223 |
| Total operating and administrative expenses | $247,550 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $247,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $707,739 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $14,825 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $28,286 |
| Other assets | $5,994,477 |
| Total assets | $6,745,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,055 |
| Total liabilities | $1,055 |