Neon Museum is located in Las Vegas, NV. The organization was established in 1999. 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 06/2022, Neon Museum employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neon 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 06/2022, Neon Museum generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $5.1m during the year ending 06/2022. While expenses have increased by 10.8% 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
THE NEON MUSEUM IS DEDICATED TO COLLECTING, PRESERVING, STUDYING AND EXHIBITING ICONIC LAS VEGAS SIGNS FOR EDUCATIONAL, HISTORIC, ARTS AND CULTURAL ENRICHMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION, REFURBISHMENT AND INSTALLATION OF HISTORICAL NEON SIGNS AS PART OF A MUSEUM DEVOTED TO THE PROCUREMENT, CARE, STUDY AND DISPLAY OF SUCH OBJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Uri Vaknin Chair | OfficerTrustee | 2 | $0 |
Stevi Wara Vice Chair | OfficerTrustee | 2 | $0 |
Curt Carlson Secretary | OfficerTrustee | 2 | $0 |
Adam Barthelmess Treasurer | OfficerTrustee | 2 | $0 |
Dulcinea Rongavilla Board Truste | Trustee | 2 | $0 |
Gayle Porterfield Board Truste | Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,112,171 |
| Investment income | $2,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,075,872 |
| Statement of Expenses | |
|---|---|
| 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. | $355,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,592,409 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $247,409 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $199,474 |
| Advertising and promotion | $280,486 |
| Office expenses | $59,105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $241,895 |
| Travel | $9,818 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,852 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $326,475 |
| Insurance | $43,895 |
| All other expenses | $0 |
| Total functional expenses | $5,146,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,135 |
| Savings and temporary cash investments | $4,435,112 |
| Pledges and grants receivable | $88,559 |
| Accounts receivable, net | $41,786 |
| 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 | $132,837 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,860 |
| Total assets | $8,871,637 |
| Accounts payable and accrued expenses | $270,376 |
| Grants payable | $0 |
| Deferred revenue | $446,151 |
| 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 | $500,000 |
| Other liabilities | $29,525 |
| Total liabilities | $1,246,052 |
| Net assets without donor restrictions | $7,597,974 |
| Net assets with donor restrictions | $27,611 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $7,625,585 |