Museum Of North Idaho Inc
- Assets
- $3.3m
- Revenue
- $912.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Coeur D Alene, ID
- Founding
- 03/1972
- Data as of
- 12/2023
- EIN
- 23-7161777
Organization Overview
Museum Of North Idaho Inc is located in Coeur D Alene, ID. The organization was established in 1972. 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 12/2023, Museum Of North Idaho Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of North Idaho 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 12/2023, Museum Of North Idaho Inc generated $912.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $309.7k during the year ending 12/2023. While expenses have increased by 14.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM OF NORTH IDAHO PRESERVES AND ILLUMINATES OUR PAST TO INSPIRE OUR FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISH BOOKS AND MONTHLY NEWSLETTER RELATED TO THE HISTORY OF THE COEUR D ALENE REGION.
PROVIDING HISTORICAL PROGRAMS, TOURS, AND ADMISSIONS TO THE MUSEUM.
REPRODUCING AND PROVIDING HISTORICAL PHOTOGRAPHS, PROVIDING RESEARCH ASSISTANCE, AND PERFORMING RESEARCH PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Britt Thurman Executive Director | Officer | 0 | $75,582 |
Greg Thorhaug Director | Trustee | 2 | $0 |
Steve Widmyer Director | Trustee | 2 | $0 |
Ann Rule Director | Trustee | 2 | $0 |
Tanden Launder Director | Trustee | 2 | $0 |
Bernie Rosen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,598 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $694,396 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $751,994 |
| Total Program Service Revenue | $59,013 |
| Investment income | $11,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,404 |
| Net Gain/Loss on Asset Sales | $1,954 |
| Net Income from Fundraising Events | $63,242 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,844 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $912,286 |
| 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. | $75,582 |
| Compensation of current officers, directors, key employees. | $18,895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,258 |
| Payroll taxes | $14,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $28,620 |
| Fees for services: Investment Management | $3,554 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,888 |
| Office expenses | $18,725 |
| Information technology | $675 |
| Royalties | $0 |
| Occupancy | $6,572 |
| 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 | $3,116 |
| Insurance | $16,668 |
| All other expenses | $5,276 |
| Total functional expenses | $309,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,729 |
| Savings and temporary cash investments | $1,186,185 |
| 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 | $18,021 |
| Net Land, buildings, and equipment | $1,978,114 |
| Investments—publicly traded securities | $78,546 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,263,595 |
| Accounts payable and accrued expenses | $2,380 |
| 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 | $2,380 |
| 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 | $3,261,215 |
| Total liabilities and net assets/fund balances | $3,263,595 |