Leigh Yawkey Woodson Art Museum Inc
- Assets
- $58.8m
- Revenue
- $4.9m
- Investments
- $24.8m
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 04/1973
- Data as of
- 06/2023
- EIN
- 23-7281913
Organization Overview
Leigh Yawkey Woodson Art Museum Inc is located in Wausau, WI. The organization was established in 1973. 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. Leigh Yawkey Woodson Art Museum 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 06/2023, Leigh Yawkey Woodson Art Museum Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIRDS IN ARTMAJESTIC YET FRAGILE, BIRDS CONNECT US WITH THE NATURAL WORLD. HERALDING EACH SUNRISE AND GATHERING AT DUSK, THESE HARBINGERS OF SEASONAL AND ENVIRONMENTAL CHANGE ENDLESSLY FASCINATE AND ENTHRALL. THE 47TH ANNUAL, INTERNATIONALLY RENOWNED EXHIBITION FEATURES ALL-NEW PAINTINGS, SCULPTURES, AND GRAPHICS BY 118 WORLDWIDE ARTISTS. ATTENDANCE: 10,244OUTREACH PROGRAMS: 189MUSEUM'S YOUTUBE CHANNEL: 3,869
HATS & HEADWEARFROM HEADDRESSES AND HELMETS TO TURBANS AND CROWNS, EXPLORE THE VITAL ROLE OF CEREMONIAL HEADWEAR THROUGHOUT DIVERSE CULTURAL CUSTOMS, BELIEFS, AND RITUALS. TRANSCENDING UTILITARIAN PURPOSES, EACH HEAD COVERING IS A WORK OF ART, SHOWCASING SKILL AND CREATIVITY IN CONVEYING MEANING. IN A PROFUSION OF SHAPES AND STYLES, HATS AND HEADDRESSES COMMUNICATE BEAUTY, THE DIVERSITY OF THE WORLD'S CULTURES, AND SHARED IDEAS. THROUGHOUT A RANGE OF TRADITIONS WORLDWIDE, HEADWEAR IS USED FOR VARIOUS PURPOSES: CULTURAL IDENTITY: POWER, PRESTIGE, AND STATUS; CEREMONIES AND CELEBRATIONS; SPIRITUAL BELIEFS; AND PROTECTION.ATTENDANCE: 6,300OUTREACH PROGRAMS: 335MUSEUM'S YOUTUBE CHANNEL: 2,909
CULTURAL CURRENCYFROM THE DOLLAR TO THE DEUTSCH MARK, MONEY IN ITS DIFFERENT FORMS IS A CONTINUAL SOURCE OF CONVERSATION AND MOTIVATION IN OUR DAILY LIVES.CULTURAL CURRENCY: CONTEMPORARY ART FROM THE RIEMER COLLECTION SHOWCASES THE INNOVATIVE WAYS ARTISTS USE MONEY AS A MEDIUM TO EXPAND ITS WORTH BEYOND A GIVEN DENOMINATION. FEATURED ARTISTS CHALLENGE PRECONCEIVED DEFINITIONS OF MONETARY VALUE, METICULOUSLY REPURPOSING BILLS, AND COINS INTO EXQUISITE AND PRECISE WORKS OF CONTEMPORARY ART. ATTENDANCE: 6,069OUTREACH PROGRAMS: 575MUSEUM'S YOUTUBE CHANNEL: NOT TRACKED AT THIS TIME DUE TO STAFF CHANGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Tubbs President | 3 | $0 | |
Jeffrey DE Lonay Vice President | 1 | $0 | |
Alice Woodson Smith Secretary | 3 | $0 | |
Gary E Tesch Treasurer | 3 | $0 | |
John M Forester Director | 1 | $0 | |
Lon E Roberts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,954,980 |
| Interest on Savings | $98,180 |
| Dividends & Interest | $515,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,022,188 |
| Capital Gain Net Income | $1,022,188 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $314,781 |
| Total Revenue | $4,905,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $850,701 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $193,527 |
| Depreciation | $339,582 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,767 |
| Printing and publications | $82,674 |
| Other expenses | $1,162,084 |
| Total operating and administrative expenses | $2,648,335 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,648,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,387,952 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $83,280 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,787,921 |
| Net Land, buildings, and equipment | $9,340,636 |
| Other assets | $20,171,209 |
| Total assets | $58,761,862 |
| Accounts payable and accrued expenses | $23,464 |
| Grants payable | $0 |
| Deferred revenue | $24,932 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $201,356 |
| Total liabilities | $249,752 |