Form 990 for tax year 2023
Filed by LINDSBORG OLD MILL AND SWEDISH HERITAGE MUSEUM INC.
Totals
- Total revenue
- $777,182
- Total expenses
- $397,579
- Contributions and grants received
- $711,521
- Grants paid
- $0
- Program service revenue
- $55,394
- Investment income
- $3,273
- Other revenue
- $6,994
- Total assets, end of year
- $1,427,567
- Total liabilities, end of year
- $886
- Net assets or fund balances, end of year
- $1,426,681
- Program services expenses (Part IX)
- $355,354
- Management and general expenses
- $42,225
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $355,354
Program services were 89.4% 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.
-
1b · Membership dues
$8,292
-
1e · Government grants (contributions)
$255,000
-
1f · All other contributions, gifts and grants
$448,229
-
2a · Program service revenue: ADMISSION SALES
total $38,454 · related or exempt $38,454
-
2b · Program service revenue: CAMPGROUND INCOME
total $9,668 · related or exempt $9,668
-
2c · Program service revenue: WORKSHOP INCOME
total $4,790 · related or exempt $4,790
-
2d · Program service revenue: RESEARCH & ARCHIVES
total $1,237 · related or exempt $1,237
-
2e · Program service revenue: MISCELLANEOUS
total $795 · related or exempt $795
-
2f · All other program service revenue
total $450 · related or exempt $450
-
3 · Investment income
total $2,760 · excluded $2,760
-
7a · Gross sales of assets other than inventory
other assets $513
-
7c · Gain or loss
other assets $513
-
7d · Net gain or loss
total $513 · excluded $513
-
10a · Gross sales of inventory
$16,100
-
10b · Cost of goods sold
$9,106
-
10c · Net income from sales of inventory
total $6,994 · related or exempt $6,994
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $66,254 · program services $33,127 · management and general $33,127
-
7 · Other salaries and wages
total $101,623 · program services $101,623
-
10 · Payroll taxes
total $12,468 · program services $9,934 · management and general $2,534
-
11c · Fees: accounting
total $5,331 · management and general $5,331
-
11f · Fees: investment management
total $108 · management and general $108
-
11g · Fees: other
total $25,675 · program services $25,675
-
12 · Advertising and promotion
total $2,591 · program services $2,591
-
13 · Office expenses
total $12,006 · program services $12,006
-
14 · Information technology
total $13,207 · program services $13,207
-
16 · Occupancy
total $44,010 · program services $44,010
-
17 · Travel
total $189 · program services $189
-
19 · Conferences, conventions and meetings
total $1,160 · program services $1,160
-
22 · Depreciation, depletion and amortization
total $21,013 · program services $21,013
-
23 · Insurance
total $2,533 · program services $1,408 · management and general $1,125
-
24a · Other expenses: BUILDINGS EXPENSE
total $72,150 · program services $72,150
-
24b · Other expenses: MUSEUM GROUNDS
total $5,798 · program services $5,798
-
24c · Other expenses: CAMPGROUND MAINTENANCE
total $4,162 · program services $4,162
-
24d · Other expenses: SPECIAL EVENTS
total $3,624 · program services $3,624
-
24e · All other expenses
total $3,677 · program services $3,677
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $175,715 · end of year $121,396
-
2 · Savings and temporary cash investments
beginning of year $95,138 · end of year $335,210
-
10a · Land, buildings and equipment: cost or other basis
$954,935
-
10b · Land, buildings and equipment: accumulated depreciation
$31,980
-
10c · Land, buildings and equipment, net
beginning of year $775,576 · end of year $922,955
-
11 · Investments: publicly traded securities
end of year $47,082
-
15 · Other assets
beginning of year $548 · end of year $924
-
25 · Other liabilities
beginning of year $898 · end of year $886
-
27 · Net assets without donor restrictions
beginning of year $1,046,079 · end of year $1,224,702
-
28 · Net assets with donor restrictions
end of year $201,979
Mission and programs · 2023
Mission
THE LINDSBORG OLD MILL AND SWEDISH HERITAGE MUSEUM CELEBRATES AND PRESERVES THE PIONEERING SPIRIT OF THE SMOKY VALLEY BY EDUCATING, ENTERTAINING, AND BUILDING COMMUNITY ACROSS GENERATIONS SO THATHISTORY COMES TO LIFE.
Activities or mission (Part I)
THE MUSEUM PRESERVES THE SWEDISH HERITAGE OF THE SMOKY VALLEY. THE MUSEUM COLLECTS, PRESERVES, RESEARCHES, EXHIBITS AND INTERPRETS MATERIALS RELATED TO THIS HERITAGE WITH SPECIAL EMPHASIS ON THE PERIOD FROM 1870 TO 1910.
-
EDUCATE THE GENERAL PUBLIC AND PRESERVE HISTORIC ARTIFACTS.
Expenses $355,354 · Revenue $55,394
As filed on the 2023 return.
Listed in Part VII
-
Lenora LynamLENORA LYNAM
EXECUTIVE DI
- Total calculated
- $66,254
- From this org
- $66,254
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 40 related
-
Kristen BruceKRISTEN BRUCE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Michael ChambersMICHAEL CHAMBERS
VP/SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Trevor WhittakerTREVOR WHITTAKER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Anna Hultquist-EricksonANNA HULTQUIST-ERICKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Les SperlingLES SPERLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Collin CarlsonCOLLIN CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel NorlinRACHEL NORLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Becky AndersonBECKY ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441849349300304
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