Indiana Medical History Museum Inc
- Assets
- $845.3k
- Revenue
- $319.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 06/1972
- Data as of
- 12/2021
- EIN
- 23-7206589
Organization Overview
Indiana Medical History Museum Inc, operating under the name Indiana Medical History Museum, is located in Indianapolis, IN. 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 12/2021, Indiana Medical History Museum employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Medical History 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, Indiana Medical History Museum generated $319.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $253.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. 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 PRESENT THE RICH MEDICAL HISTORY OF INDIANA - PAST PRESENT AND FUTURE - BY PRESERVING THE OLD PATHOLOGY BUILDING THE HISTORIC DOCTOR'S OFFICE THE MEDICINAL PLANT GARDEN COLLECTING MEDICAL ARTIFACTS AND PROVIDING EXHIBITS PUBLICATIONS AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH INTERPRETATION AND PRESERVATION OF THE OLD PATHOLOGY BUILDING IT STANDS INTACT WITH MUCH OF ITS ORIGINAL FURNISHINGS AND EQUIPMENT THE HISTORIC DOCTOR'S OFFICE PRESENTS THE COMPLETE CONTENTS OF A GENERAL FAMILY PRACTITIONER THAT PROVIDES A TANGIBLE EXPERIENCE OF MEDICINE CIRCA 1950. THROUGH IT'S EXHIBITS PUBLICATIONS AND PROGRAMS THE MUSEUM EDUCATES THE GENERAL PUBLIC MEMBERS OF THE COMMUNITY CONCERNING HEALTH CARE AND LIFE SCIENCES IN INDIANA DURING THE NINETEENTH AND FIRST HALF FO THE TWENTIETH CENTURIES.
THE MEDICINAL PLANT GARDEN DEMONSTRATES OVER 100 SPECIES OF PLANTS USED TO TREAT DISEASES ON FIVE CONTINENTS. THE WELL-LABELED GARDEN EXHIBIT TEACHES VISITORS WHAT PLANTS CAN DO INCLUDING BEING THE SOURCE OF MODERN WONDER DRUGS LIKE ASPIRIN DIGOXIN AND CHEMOTHERAPEUTIC AGENTS.
WE CURRENTLY DON'T KNOW THE FULL EXTENT OF OUR ARCHIVAL COLLECTION PRECISELY BUT WE ESTIMATE THAT THE COLLECTION CONTAINS APPROXIMATELY 5,500 DOCUMENTS THAT ARE A WEALTH OF KNOWLEDGE. WHEN THIS ARCHIVAL PROJECT IS COMPLETED THESE MATERIALS WILL BE MUCH MORE USEFUL FOR OUR INTERNAL RESEARCH PUBLICATIONS AND EXHIBITS. AND MOST WILL BE AVAILABLE TO PATRONS AS WELL WHEN WE REOPEN TO THE PUBLIC AND ESTABLISH OUR READING ROOM HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Halter Executive Director | OfficerTrustee | 30 | $33,000 |
Kathleen Hull Secretary | OfficerTrustee | 2 | $0 |
Lindsay Swindell Treasurer | OfficerTrustee | 2 | $0 |
Diane Arnold Director | OfficerTrustee | 2 | $0 |
Cathleen Ninealevogt Vice President | OfficerTrustee | 2 | $0 |
Richard Gantz Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,885 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $280,446 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,331 |
| Total Program Service Revenue | $23,038 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,376 |
| 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. | $65,000 |
| Compensation of current officers, directors, key employees. | $13,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $62 |
| Office expenses | $3,040 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $305 |
| 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 | $9,156 |
| Insurance | $13,272 |
| All other expenses | $9,137 |
| Total functional expenses | $253,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,728 |
| Savings and temporary cash investments | $394,145 |
| 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 | $208,840 |
| Investments—publicly traded securities | $174,551 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $845,264 |
| Accounts payable and accrued expenses | $19,532 |
| 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 | $19,532 |
| Net assets without donor restrictions | $331,014 |
| Net assets with donor restrictions | $494,718 |
| 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 | $845,264 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indiana Medical History Museum Inc has recieved totaling $58,240.
| Awarding Organization | Amount |
|---|---|
Indiana Pathology Endowment Inc Indianapolis, IN PURPOSE: FUNDS DESIGNATED FOR THE INDIANA MEDICAL HISTORY MUSEUM | $58,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $240 |
Endowment Analysis
| Beg. Balance | $180,503 |
| Earnings | $3,748 |
| Net Contributions | $17,055 |
| Ending Balance | $201,306 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Historical Society Jefferson Memorial Building St Louis, MO | $154,816,775 | $36,156,227 |
Conner Prairie Museum Inc Fishers, IN | $11,539,614 | $17,879,069 |
Chicago Historical Society Chicago, IL | $142,770,893 | $16,768,760 |
Pmml North Inc Chicago, IL | $161,806,539 | $478,889 |
Union Station Kansas City Inc Kansas City, MO | $67,441,549 | $27,511,678 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Holocaust Memorial Foundation Of Illinois Inc Skokie, IL | $79,808,430 | $11,161,559 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
Indiana State Museum Foundation Inc Indianapolis, IN | $12,226,178 | $2,921,038 |
Mccreary County Heritage Foundation Inc Stearns, KY | $7,302,941 | $1,742,693 |