Museum Of Appalachia
- Assets
- $4.6m
- Revenue
- $743.2k
- Investments
- $0.0
- Employees
- 58
- Location
- Clinton, TN
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 04-3595011
Organization Overview
Museum Of Appalachia is located in Clinton, TN. The organization was established in 2003. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Museum Of Appalachia employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Appalachia 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 12/2021, Museum Of Appalachia generated $743.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $660.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED TO DOCUMENT AND PRESERVE THE HISTORY AND CULTURE OF THE PEOPLE OF THE SOUTHERN APPALACHIAN MOUNTAINS OF EAST TENNESSEE AND THE SURROUNDING AREA FOR THE BENEFIT OF CURRENT AND FUTURE GENERATIONS. THE MUSEUM PROVIDES FOR THE RESTORATION AND RE-CREATION OF PIONEER FARM VILLAGES, AND THE ACQUISITION, PRESERVATION, INTERPRETATION AND DISPLAY OF HISTORICAL ARTIFACTS AND RELICS FROM THE SOUTHERN APPALACHIA REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED TO DOCUMENT AND PRESERVE THE HISTORY AND CULTURE OF THE PEOPLE OF THE SOUTHERN APPALACHIAN MOUNTAINS OF EAST TENNESSEE AND THE SURROUNDING AREA FOR THE BENEFIT OF CURRENT AND FUTURE GENERATIONS. THE MUSEUM PROVIDES FOR THE RESTORATION AND RE-CREATION OF PIONEER FARM VILLAGES, AND THE ACQUISITION, PRESERVATION, INTERPRETATION AND DISPLAY OF HISTORICAL ARTIFACTS AND RELICS FROM THE SOUTHERN APPALACHIAN REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Irwin Meyer President | OfficerTrustee | 40 | $57,803 |
Steve Dean Vice Chair | OfficerTrustee | 1 | $0 |
Lindsey Meyer Gallaher Secretary | OfficerTrustee | 1 | $0 |
Gary Wade Chairman | OfficerTrustee | 1 | $0 |
Jenny Boyd Director | Trustee | 1 | $0 |
Daryl R Fansler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,460 |
| All other contributions, gifts, grants, and similar amounts not included above | $159,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,408 |
| Total Program Service Revenue | $482,071 |
| Investment income | $154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,594 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$3,014 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $743,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $57,803 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,656 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,485 |
| Payroll taxes | $23,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,762 |
| Office expenses | $8,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,353 |
| Travel | $1,868 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,320 |
| Insurance | $10,246 |
| All other expenses | $49,576 |
| Total functional expenses | $660,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,206 |
| Savings and temporary cash investments | $5,964 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,034 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,634,130 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,726,739 |
| Total assets | $4,648,073 |
| Accounts payable and accrued expenses | $27,376 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $749,718 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $777,094 |
| Net assets without donor restrictions | $458,315 |
| Net assets with donor restrictions | $3,412,664 |
| 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 | $4,648,073 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Museum Of Appalachia has recieved totaling $41,350.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $20,350 |
East Tennessee Foundation Knoxville, TN PURPOSE: GEN/OPER SUPPORT | $11,000 |
Battelle Memorial Institute Columbus, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thomas Jefferson Foundation Inc Charlottesville, VA | $395,493,786 | $54,038,606 |
Missouri Historical Society Jefferson Memorial Building St Louis, MO | $154,816,775 | $36,156,227 |
Navy Seal Foundation Inc Virginia Beach, VA | $115,540,390 | $24,207,052 |
Union Station Kansas City Inc Kansas City, MO | $67,441,549 | $27,511,678 |
Lorraine Civil Rights Museum Foundation Memphis, TN | $35,843,207 | $14,748,460 |
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
National Infantry Museum Foundation Inc Columbus, GA | $75,263,880 | $5,605,336 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
North Carolina Transportation Museum Foundation Spencer, NC | $11,455,078 | $7,616,895 |
Old Salem Incorporated Winstonsalem, NC | $81,707,076 | $3,795,190 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |