Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $98,154

• 1f · All other contributions, gifts and grants

  $1,420,766

• 2a · Program service revenue: MUSEUM ADMISSIONS

  total $506,888 · related or exempt $506,888

• 2b · Program service revenue: MUSEUM OPERATIONS

  total $129,192 · related or exempt $129,192

• 3 · Investment income

  total $267,382 · excluded $267,382

• 6a · Gross rents

  real property $30,073

• 6b · Less rental expenses

  real property $4,000

• 6c · Rental income or loss

  real property $26,073

• 6d · Net rental income or loss

  total $26,073 · excluded $26,073

• 7a · Gross sales of assets other than inventory

  securities $1,574,157 · other assets $575

• 7b · Less cost or other basis and sales expenses

  securities $1,024,654 · other assets $7,757

• 7c · Gain or loss

  securities $549,503 · other assets -$7,182

• 7d · Net gain or loss

  total $542,321 · excluded $542,321

• 8a · Fundraising events: gross income

  $13,711

• 8a · Fundraising events: contributions included on line 1c

  $98,154

• 8b · Fundraising events: direct expenses

  $51,521

• 8c · Net income from fundraising events

  total -$37,810 · excluded -$37,810

• 10a · Gross sales of inventory

  $121,735

• 10b · Cost of goods sold

  $55,766

• 10c · Net income from sales of inventory

  total $65,969 · excluded $65,969

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $371,518 · program services $125,656 · management and general $194,016 · fundraising $51,846

• 7 · Other salaries and wages

  total $1,481,985 · program services $861,321 · management and general $513,636 · fundraising $107,028

• 8 · Pension plan contributions

  total $34,027 · program services $18,399 · management and general $13,680 · fundraising $1,948

• 9 · Other employee benefits

  total $119,627 · program services $62,080 · management and general $47,663 · fundraising $9,884

• 10 · Payroll taxes

  total $122,454 · program services $65,694 · management and general $47,124 · fundraising $9,636

• 11b · Fees: legal

  total $12,530 · management and general $12,530

• 11c · Fees: accounting

  total $18,320 · management and general $18,320

• 11f · Fees: investment management

  total $30,000 · management and general $30,000

• 11g · Fees: other

  total $526,394 · program services $287,486 · management and general $238,908

• 12 · Advertising and promotion

  total $85,800 · program services $19 · management and general $4,074 · fundraising $81,707

• 13 · Office expenses

  total $146,529 · program services $49,844 · management and general $24,365 · fundraising $72,320

• 14 · Information technology

  total $1,477 · management and general $1,477

• 16 · Occupancy

  total $763,285 · program services $597,861 · management and general $127,215 · fundraising $38,209

• 17 · Travel

  total $241 · program services $53 · management and general $27 · fundraising $161

• 20 · Interest

  total $103,615 · management and general $103,615

• 22 · Depreciation, depletion and amortization

  total $504,953 · program services $409,012 · management and general $95,941

• 23 · Insurance

  total $30,040 · program services $26,736 · management and general $1,802 · fundraising $1,502

• 24a · Other expenses: BANK CHARGES

  total $38,710 · management and general $38,710

• 24b · Other expenses: PROGRAMS AND OTHER SERV

  total $48,805 · program services $24,865 · management and general $3,706 · fundraising $20,234

• 24c · Other expenses: ACQUISITIONS AND EXHIBI

  total $35,045 · program services $35,045

• 24d · Other expenses: MEMBERSHIPS AND SUBSCRI

  total $20,753 · program services $9,944 · management and general $10,809

• 24e · All other expenses

  total $22,666 · program services $11,666 · fundraising $11,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $29,342 · end of year $63,565

• 2 · Savings and temporary cash investments

  beginning of year $95,475 · end of year $144,397

• 3 · Pledges and grants receivable

  beginning of year $573,047 · end of year $834,488

• 8 · Inventories for sale or use

  beginning of year $30,792 · end of year $38,057

• 9 · Prepaid expenses and deferred charges

  beginning of year $69,013 · end of year $61,005

• 10a · Land, buildings and equipment: cost or other basis

  $18,613,069

• 10b · Land, buildings and equipment: accumulated depreciation

  $8,268,050

• 10c · Land, buildings and equipment, net

  beginning of year $10,798,350 · end of year $10,345,019

• 11 · Investments: publicly traded securities

  beginning of year $9,354,465 · end of year $8,768,996

• 12 · Investments: other securities

  beginning of year $217,751 · end of year $216,379

• 15 · Other assets

  beginning of year $351,886 · end of year $365,368

• 17 · Accounts payable and accrued expenses

  beginning of year $209,521 · end of year $289,313

• 19 · Deferred revenue

  beginning of year $5,050 · end of year $19,619

• 23 · Secured mortgages and notes payable

  beginning of year $1,931,678 · end of year $2,362,982

• 25 · Other liabilities

  beginning of year $43,114 · end of year $127,217

• 27 · Net assets without donor restrictions

  beginning of year $17,644,644 · end of year $16,083,207

• 28 · Net assets with donor restrictions

  beginning of year $1,686,114 · end of year $1,954,936

The filer's explanations (Part III)

PART I, LINE 3

PEER DATA IS USED TO HELP DETERMINE COMPENSATION FOR NEW EMPLOYEES