Steamboat Art Museum
- Assets
- $1.6m
- Revenue
- $625.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Steamboat Springs, CO
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 20-3867662
Organization Overview
Steamboat Art Museum is located in Steamboat Springs, CO. The organization was established in 2008. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Steamboat Art Museum employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steamboat Art Museum 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, Steamboat Art Museum generated $625.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $464.6k 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
TO PROMOTE AND PRESENT THE VISUAL ARTS TO THE COMMUNITY OF NORTHWEST COLORADO REFLECTING AND ENHANCING OUR CULTURE AND HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EXHIBITS AND SHOWS OF ARTWORK TO THE GENERAL PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betse Grassby Executive Dir. | Officer | 40 | $89,750 |
Rod Hanna President | OfficerTrustee | 4 | $0 |
Joel Piassick Vice President | OfficerTrustee | 2 | $0 |
Johannah Hallhildebrand Secretary | OfficerTrustee | 4 | $0 |
Chuck Porter Treasurer | OfficerTrustee | 2 | $0 |
Melanie Timmons Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,835 |
| Related organizations | $0 |
| Government grants | $24,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $386,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,965 |
| Total Program Service Revenue | $158,608 |
| Investment income | $4,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,575 |
| Net Gain/Loss on Asset Sales | $35,740 |
| Net Income from Fundraising Events | -$1,860 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$43,479 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $625,913 |
| 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. | $89,750 |
| Compensation of current officers, directors, key employees. | $26,925 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,372 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,033 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,372 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,592 |
| Travel | $0 |
| 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 | $35,449 |
| Insurance | $6,276 |
| All other expenses | $28,060 |
| Total functional expenses | $464,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,155 |
| Savings and temporary cash investments | $469,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,013 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,517 |
| Prepaid expenses and deferred charges | $2,947 |
| Net Land, buildings, and equipment | $972,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,599,813 |
| Accounts payable and accrued expenses | $14,499 |
| 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 | $14,499 |
| Net assets without donor restrictions | $1,204,559 |
| Net assets with donor restrictions | $380,755 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,599,813 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Steamboat Art Museum has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Gates Family Foundation Denver, CO PURPOSE: UNRESTRICTED | $15,000 |
Endowment Analysis
| Beg. Balance | $212,969 |
| Earnings | $28,194 |
| Net Contributions | $60,500 |
| Other Expense | $5,282 |
| Ending Balance | $296,381 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Art Museum Inc Denver, CO | $201,676,348 | $57,180,332 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Aspen Art Museum Aspen, CO | $45,036,257 | $9,544,522 |
Philbrook Museum Of Art Inc Tulsa, OK | $69,878,004 | $10,854,241 |
Georgia Okeeffe Museum Santa Fe, NM | $164,315,725 | $8,795,076 |
Joslyn Art Museum Omaha, NE | $43,999,594 | $13,873,900 |
Oklahoma City Museum Of Art Oklahoma City, OK | $47,340,772 | $7,968,737 |
Mca Denver Denver, CO | $23,563,221 | $5,372,838 |
Clyfford Still Museum Denver, CO | $20,985,352 | $4,386,446 |
Tucson Museum Of Art Tucson, AZ | $11,220,910 | $5,263,730 |
New Museum At The Bradford Brinton Ranch Big Horn, WY | $21,761,530 | $2,659,139 |
Site Santa Fe Santa Fe, NM | $20,776,808 | $1,925,368 |