Bar M Operating Foundation
- Assets
- $0.0
- Revenue
- $30.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Bloomsburg, PA
- Founding
- 12/2009
- Data as of
- 10/2020
- EIN
- 20-3698065
Organization Overview
Bar M Operating Foundation is located in Bloomsburg, PA. The organization was established in 2009. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bar M Operating Foundation 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 10/2020, Bar M Operating Foundation generated $30.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $36.1k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAR M OPERATING FOUNDATION WAS ESTABLISHED TO PRESERVE A LOCAL COMMUNITY MUSEUM AND TO PROVIDE A FACILTY FOR THE USE BY OTHER NON PROFIT ENTITIES WITH FACILITY USE OF A LOCAL HISTORIC BUILDING FOR A DISCRETIONARY FEE. THE BUILDING IS MAINTAINED AS A MUSEUM DESIGNED TO PRESERVE THE LOCAL CULTURE FOR FUTURE GENERATIONS, AS WELL AS PROVIDE AN AMBIENCE THAT OTHER NON PROFIT ENTITIES COULD USE IN FURTHERANCE OF THEIR RESPECTIVE TAX EXEMPT PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drue Magee Director | 0 | $0 | |
Kelly Smith Director | 0 | $0 | |
Michael J Smith Secretary & Director | 0 | $0 | |
Justin Hummel Pres/treas & Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $15,706 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $9,415 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $36,099 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $36,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,125,687 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,700 |
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|---|---|---|
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Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |
Birthright Israel North America Inc New York, NY | $2,756,137 | $5,688,766 |
Soros Economic Development Fund New York, NY | $190,503,205 | $61,273,314 |
Willem De Kooning Foundation New York, NY | $89,591,494 | $5,032,918 |
The Glen At St Joseph Dayton, OH | $19,520,405 | $4,747,418 |