Coopersville Farm Museum Inc
- Assets
- $943.2k
- Revenue
- $117.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Coopersville, MI
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-2297381
Organization Overview
Coopersville Farm Museum Inc is located in Coopersville, MI. The organization was established in 2006. 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, Coopersville Farm Museum Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coopersville Farm 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, Coopersville Farm Museum Inc generated $117.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $99.8k during the year ending 12/2021. 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
INSPIRING MEMORIES OF YESTERDAY, SERVING OUR COMMUNITY TODAY, PRESERVING THE STORIES FOR TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH COVID THIS ANOTHER WAS A TRYING YEAR FOR THE MUSEUM. THERE WAS HOURS OF DONATED SERVICE WITH OUR OVER 77 VOLUNTEERS. OUR NUMBERS WERE OBVIOUSLY DOWN WITH THE GOVERNMENTAL LIMITATIONS, BUT WE STILL HAD OUR ANNUAL QUILT SHOW AND TRACTOR SHOW. WHEN WE COULD WE HAD OUR TWICE MONTHLY ACCUSTICAL MUSIC JAM NIGHT AND OUR SATURDAY KIDS, KRAFTS, AND KRITTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Atsma Director | OfficerTrustee | 1 | $0 |
Ross Conran Driector | OfficerTrustee | 1 | $0 |
James Carpenter Director | OfficerTrustee | 1 | $0 |
Thom Eno Director | OfficerTrustee | 5 | $0 |
Ruth Sorensen Director | OfficerTrustee | 2 | $0 |
Tom Schwalier Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,530 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,207 |
| Total Program Service Revenue | $23,491 |
| Investment income | $5,542 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $210 |
| Net Income from Sales of Inventory | $672 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $117,374 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $49,771 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $913 |
| Payroll taxes | $3,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $898 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $353 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,376 |
| Office expenses | $9,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,495 |
| Travel | $326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,811 |
| All other expenses | $0 |
| Total functional expenses | $99,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,911 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $864,059 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $35,254 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $943,224 |
| Accounts payable and accrued expenses | $13 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $943,211 |
| Total liabilities and net assets/fund balances | $943,224 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coopersville Farm Museum Inc has recieved totaling $56,500.
| Awarding Organization | Amount |
|---|---|
Grand Haven Area Community Foundation Inc Grand Haven, MI PURPOSE: ARTS & CULTURE | $56,500 |
Endowment Analysis
| Beg. Balance | $29,816 |
| Earnings | $5,542 |
| Admin Expense | $353 |
| Net Contributions | $250 |
| Ending Balance | $35,254 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Veterans Memorial And Museum Operating Corporation Columbus, OH | $58,052,071 | $6,042,215 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Dayton History Dayton, OH | $68,372,034 | $7,774,649 |
National Underground Railroad Freedom Center Inc Cincinnati, OH | $30,820,781 | $4,231,725 |
Holocaust Memorial Center Farmington Hills, MI | $46,637,236 | $21,925,651 |
Motown Historical Museum Inc Detroit, MI | $36,344,932 | $14,838,936 |
Mansfield Reformatory Preservation Society Inc Mansfield, OH | $6,627,269 | $4,312,949 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
The Tuskegee Airmen National Historical Museum Detroit, MI | $2,502,282 | $3,407,704 |
Indiana State Museum Foundation Inc Indianapolis, IN | $12,226,178 | $2,921,038 |
Muskegon County Museum Muskegon, MI | $2,882,872 | $2,269,228 |
Center For Holocaust And Humanityeducation Cincinnati, OH | $13,668,033 | $1,253,259 |