The Museum Of Visual Materials
- Assets
- $0.0
- Revenue
- $396.9k
- Investments
- $3.7m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 05/2006
- Data as of
- 06/2021
- EIN
- 20-3626930
Organization Overview
The Museum Of Visual Materials is located in Sioux Falls, SD. The organization was established in 2006. 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. Museum Of Visual Materials 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 06/2021, Museum Of Visual Materials generated $396.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $434.5k during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 7 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
ENCOURAGES GUESTS TO USE THEIR HANDS WITH ARTS AND CRAFT ACTIVITIES, CLASSES, EVENTS, AND RARE COLLECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taryn Sietsema Executive Di | 0 | $70,508 | |
Anshu Chandra President | 0 | $0 | |
Janet Kittams Director | 0 | $0 | |
Ryan Donovan Treasurer | 0 | $0 | |
Carrie Biever Secretary | 0 | $0 | |
Jeremy Aylward Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $736 |
| Interest on Savings | $27,388 |
| Dividends & Interest | $40,231 |
| Profit on Inventory Sales | $0 |
| Other Income | $250,855 |
| Total Revenue | $396,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,986 |
| Pension plans, employee benefits | $2,666 |
| Depreciation | $35,626 |
| Occupancy | $2,358 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $434,503 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $434,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,012 |
| Investments—mortgage loans | $0 |
| Investments—other | $361,318 |
| Other assets | $64,640 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Museum Of Visual Materials has awarded $1,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: GENERAL SUPPORT | $500 |
LSS PURPOSE: GENERAL SUPPORT | $250 |
Viborg, SD PURPOSE: GENERAL SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
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 |
Museum Of The Rockies Bozeman, MT | $31,412,475 | $8,834,590 |
Danish Immigrant Museum Elk Horn, IA | $10,787,918 | $1,977,649 |
Hastings Museum Hastings, NE | $361,116 | $1,611,547 |
Smith Collection Lincoln, NE | $38,634,581 | $8,821,762 |
National Sprint Car Hall Of Fame & Museum Foundation Inc Knoxville, IA | $7,797,948 | $2,501,286 |
Lake Superior Railroad Museum Duluth, MN | $1,428,444 | $1,322,754 |
Wyoming Dinosaur Center Thermopolis, WY | $2,337,620 | $1,002,918 |