Castlerock Museum Inc
- Assets
- $3.6m
- Revenue
- $340.5k
- Investments
- $478.6k
- Employees
- 0
- Location
- Alma, WI
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 20-0335960
Organization Overview
Castlerock Museum Inc is located in Alma, WI. The organization was established in 2004. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castlerock Museum Inc 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, Castlerock Museum Inc generated $340.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $88.9k during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONGOING CONSTRUCTION OF MUSEUM DISPLAYS
ACQUISITION OF ARMS AND ARMOR FOR THE MUSEUM COLLECTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Wolcott Executive Directorsecretary | 40 | $39,271 | |
Ralph Ruben Vice President | 2 | $0 | |
Chris Knecht President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $285,135 |
| Interest on Savings | $35 |
| Dividends & Interest | $40,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $783 |
| Other Income | $14,524 |
| Total Revenue | $340,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,271 |
| Other employee salaries and wages | $5,728 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,254 |
| Depreciation | $0 |
| Occupancy | $10,273 |
| Travel, conferences, and meetings | $1,196 |
| Printing and publications | $0 |
| Other expenses | $25,156 |
| Total operating and administrative expenses | $88,878 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $88,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,700 |
| Savings and temporary cash investments | $74,499 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,067,396 |
| Other assets | $1,947,447 |
| Total assets | $3,610,672 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Castlerock Museum Inc has recieved totaling $71,650.
| Awarding Organization | Amount |
|---|---|
Castlerock Foundation Inc Alma, WI PURPOSE: FURTHER EXEMPT PURPOSES | $71,500 |
Ethel Mae Kreutz Prviate Foundation Winona, MN PURPOSE: GENERAL SUPPORT | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
Yankee Air Force Incorporated Belleville, MI | $14,568,941 | -$1,519,297 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
Genevieve And Donald S Gilmore Foundation Hickory Corners, MI | $0 | $3,411,516 |
National Czech & Slovak Museum & Library Cedar Rapids, IA | $33,480,949 | $3,909,322 |
Vesterheim Norwegian American Museum Decorah, IA | $24,953,272 | $7,187,886 |