Palmer Museum Of History And Art
- Assets
- $14.9k
- Revenue
- $196.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Palmer, AK
- Founding
- 04/2006
- Data as of
- 12/2023
- EIN
- 20-3297367
Organization Overview
Palmer Museum Of History And Art is located in Palmer, AK. The organization was established in 2006. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Palmer Museum Of History And Art employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmer Museum Of History And Art 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 12/2023, Palmer Museum Of History And Art generated $196.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $239.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND DEEPEN CONNECTIONS TO THE HISTORY, ART, CULTURE OF THE GREATER PALMER AREA BY CURATING PROTECTING THE ARTIFACTS AND INFORMATION OWNED BY THE CITY OF PALMER OPERATING THE VISITOR CENTER FOR THE CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE PALMER MUSEUM OF HISTORY ART, THE PALMER MUSEUM SHOP AND HISTORIC WALKING TOURS. WE WORK TO TELL THE STORY OF THE GREATER PALMER AREA THROUGH OUR CURATED HISTORIC DISPLAYS AND EXHIBITS, HISTORIC WALKING TOURS, AND WEB-BASED PHOTO PROJECT. THE PALMER MUSEUM OF HISTORY AND ART SUPPORTS LOCAL ARTISTS THROUGH THE SUMMERS ARTIST OF THE WEEK PROGRAM. SELECTED WORKS OF EACH ARTIST ARE DISPLAYED AT THE MUSEUM. WE ALSO SPONSOR AN ARTWORK CONTEST FOR SECONDARY SCHOOL STUDENTS AND OFFER FREE SUMMER ART CLASSES FOR SCHOOL-AGED CHILDREN. WE GAVE TOURS TO OVER 2,000 PEOPLE OVER THE COURSE OF THE SUMMER THROUGH PALMERS HISTORIC DISTRICT
PALMER VISITOR GUIDE - AS PART OF THE MISSION OF THE PALMER MUSEUM OF HISTORY AND ART WE TELL PALMERS STORY IN THE PALMER VISITORS GUIDE, A 44 PAGE PRINT PUBLICATION THAT IS DISTRIBUTED AROUND THE STATE. ITS PURPOSE IS TO BOTH EXPLAIN THE LOCAL AREAS ATTRACTIONS AND BRING VISITORS TO THE GREATER PALMER AREA. WE SOLICIT ADS FROM LOCAL BUSINESSES, CONTRACT WITH A LOCAL VENDOR TO PRODUCE THE BOOKLET, AND WORK WITH AN ALASKAN FIRM TO DISTRIBUTE AND STORE THESE BOOKLETS.
HISTORICAL ARTIFACT CURATION AND EXHIBITS - THE MUSEUM CONTINUES TO CURATE HISTORICAL ARTIFACTS OF THE AREA AND RESEARCH FURTHER INTO THE LOCAL HISTORY TO DEVELOP EDUCATIONAL DISPLAYS, INCLUDING A NEW EXHIBIT FOR LOCAL SCHOOL LIBRARIES. STAFF MEMBERS WORK TO ACCESS PHYSICAL OBJECTS AND PHOTOS INTO THE COLLECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mari Jo Parks President | OfficerTrustee | 20 | $0 |
Patricia Chesbro Vice President | OfficerTrustee | 15 | $0 |
Erin Saunders Secretary | OfficerTrustee | 2 | $0 |
Margaret Adsit Treasurer | OfficerTrustee | 1 | $0 |
Penny Mcclain Director | Trustee | 1.5 | $0 |
Felicia Desimini Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,970 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $121,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,003 |
| Total Program Service Revenue | $13,794 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $29,915 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,577 |
| 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 | $0 |
| Other salaries and wages | $132,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,606 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,120 |
| Advertising and promotion | $9,354 |
| Office expenses | $12,029 |
| Information technology | $3,415 |
| Royalties | $0 |
| Occupancy | $1,587 |
| Travel | $51 |
| 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 | $2,744 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,262 |
| All other expenses | $0 |
| Total functional expenses | $239,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,948 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,948 |
| Accounts payable and accrued expenses | $166 |
| 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 | $166 |
| 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 | $14,782 |
| Total liabilities and net assets/fund balances | $14,948 |
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