Basque Museum & Cultural Center Inc
- Assets
- $3.0m
- Revenue
- $842.0k
- Investments
- $0.0
- Employees
- 14
- Location
- Boise, ID
- Founding
- 03/1986
- Data as of
- 12/2022
- EIN
- 82-0401368
Organization Overview
Basque Museum & Cultural Center Inc is located in Boise, ID. The organization was established in 1986. 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 12/2022, Basque Museum & Cultural Center Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Basque Museum & Cultural Center 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 12/2022, Basque Museum & Cultural Center Inc generated $842.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $778.8k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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
TO PRESERVE, PROMOTE AND PERPETUATE BASQUE HISTORY AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER PROVIDES TRADITIONAL CULTURAL ACTIVITIES SUCH AS COOKING AND LANGUAGE CLASSES, DANCING AND FESTIVALS. THERE IS A DAYCARE/PRESCHOOL THAT TEACHES THE BASQUE LANGUAGE. A LIBRARY IS MAINTAINED FOR REFERENCE AND EDUCATION.
THE MUSEUM MAINTAINS A COLLECTION OF BASQUE RELATED ARTIFACTS AND A RESTORED BOARDING HOUSE MUSEUM AND HAS VARIOUS PROJECTS AIMED AT PRESERVING THE HISTORY AND CULTURE OF THE BASQUE PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adelia Simplot Honorary Chair | Trustee | 1 | $0 |
Cindy Schaffeld President/ Director | Trustee | 2 | $0 |
Teresa Yrazabal Paige Vice President/ Director | Trustee | 2 | $0 |
Linda Achurra Secretary/ Director | Trustee | 2 | $0 |
John Boyd Treasurer/ Director | Trustee | 2 | $0 |
Jerry Aldape Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,740 |
| Fundraising events | $14,208 |
| Related organizations | $0 |
| Government grants | $104,501 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,401 |
| Noncash contributions included in lines 1a–1f | $2,656 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $367,850 |
| Total Program Service Revenue | $183,741 |
| Investment income | $49,937 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,600 |
| Net Gain/Loss on Asset Sales | $79,497 |
| Net Income from Fundraising Events | $78,422 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,266 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $841,991 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,002 |
| Compensation of current officers, directors, key employees. | $12,985 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $315,114 |
| Pension plan accruals and contributions | $6,649 |
| Other employee benefits | $16,262 |
| Payroll taxes | $26,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,800 |
| Fees for services: Accounting | $16,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,694 |
| Fees for services: Other | $74,095 |
| Advertising and promotion | $522 |
| Office expenses | $15,935 |
| Information technology | $9,134 |
| Royalties | $0 |
| Occupancy | $64,731 |
| Travel | $11,030 |
| 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 | $69,801 |
| Insurance | $11,055 |
| All other expenses | $0 |
| Total functional expenses | $778,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $813 |
| Savings and temporary cash investments | $163,099 |
| Pledges and grants receivable | $31,300 |
| Accounts receivable, net | $693 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $73,622 |
| Prepaid expenses and deferred charges | $1,085 |
| Net Land, buildings, and equipment | $763,610 |
| Investments—publicly traded securities | $1,916,809 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,233 |
| Total assets | $3,011,264 |
| Accounts payable and accrued expenses | $36,608 |
| Grants payable | $0 |
| Deferred revenue | $21,376 |
| 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 | $31,107 |
| Total liabilities | $89,091 |
| Net assets without donor restrictions | $2,731,347 |
| Net assets with donor restrictions | $190,826 |
| 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 | $3,011,264 |