Totals
- Total revenue
- $1,667,676
- Total expenses
- $909,319
- Contributions and grants received
- $1,667,676
- Grants paid
- $909,209
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $801,734
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $801,734
- Program services expenses (Part IX)
- $909,319
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $909,319
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,254,804
-
1f · All other contributions, gifts and grants
$412,872
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $909,209 · program services $909,209
-
24e · All other expenses
total $110 · program services $110
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $38,377 · end of year $59,920
-
4 · Accounts receivable
beginning of year $5,000 · end of year $741,814
-
27 · Net assets without donor restrictions
beginning of year $43,377 · end of year $66,408
-
28 · Net assets with donor restrictions
end of year $735,326
Mission and programs · 2024
Mission
THE MISSION OF GROUT MUSEUM, INC. IS TO RAISE FUNDS AND TRANSFER THEM TO H.W. GROUT TRUST FOR USE IN OPERATING MUSEUMS OWNED AND OPERATED BY THE TRUST.
Activities or mission (Part I)
PROVIDE FUNDS TO THE H.W. GROUT TRUST FOR OPERATION OF ITS MUSEUMS IN WATERLOO, IOWA.
-
GROUT MUSEUM, INC. PROVIDED FUNDING TO THE H.W. GROUT TRUST FOR OPERATIONS OF ITS MUSEUMS IN WATERLOO, IOWA. THE MUSEUMS SERVED APPROXIMATELY 50,000 PEOPLE DURING THE YEAR ENDED JUNE 30, 2025.
Expenses $909,319 · Grants $909,209
As filed on the 2024 return.
Listed in Part VII
-
Edward J Gallagher IIIEDWARD J GALLAGHER III
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 1.5 related
-
Mary PotterMARY POTTER
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 1.5 related
-
Steve SchmittSTEVE SCHMITT
TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 1.5 related
-
Barbara CorsonBARBARA CORSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 1.5 related
-
Mary Ellen WarrenMARY ELLEN WARREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 1.5 related
-
Nia WilderNIA WILDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Belinda Creighton-SmithBELINDA CREIGHTON-SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Henry BevelHENRY BEVEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matthew GilbertMATTHEW GILBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chiquita LovelessCHIQUITA LOVELESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ryan MalecekRYAN MALECEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 1.5 related
-
Jim RalstonJIM RALSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt SlinkerMATT SLINKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian PeelerBRIAN PEELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Julie ZellJULIE ZELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tamara FlemingTAMARA FLEMING
FORMER VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Margaret Moye Started 102024MARGARET MOYE STARTED 102024
EXECUTIVE DIRECTOR
- Total calculated
- $33,584
- From this org
- $0
- From related orgs
- $30,797
- Other
- $2,787
- Hours/week
- 5 + 35 related
-
Diane PopelkaDIANE POPELKA
DIRECTOR OF FINANCE AND HR
- Total calculated
- $87,865
- From this org
- $0
- From related orgs
- $74,454
- Other
- $13,411
- Hours/week
- 5 + 35 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$909,209
PROVIDE FUNDS FOR THE EXPANSION & OPERATIONS OF THE MUSEUM.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · OPERATION OF MUSEUMS IN WATERLOO, IOWA. · IA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630219349301028
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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