Powell County Museum & Arts Foundation Inc is located in Deer Lodge, MT. The organization was established in 1974. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Powell County Museum & Arts Foundation Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powell County Museum & Arts Foundation 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 12/2021, Powell County Museum & Arts Foundation Inc generated $882.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $653.1k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
THE FOUNDATION OPERATES THE OLD MONTANA PRISON MUSEUM, THE FRONTIER MONTANA MUSEUM AND YESTERDAY'S PLAYTHINGS MUSEUM. THE FOUNDATION PROMOTES CULTURAL ACTIVITIES AND PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gayle Lambert Treasurer | Officer | 5 | $0 |
Sherman Anderson Vice President | Officer | 5 | $0 |
John O'donnell President | Officer | 5 | $0 |
Bonnie Anderson Recording Secretary | Officer | 5 | $0 |
Jim Blodgett Director | Trustee | 0 | $0 |
Martin Drivdahl Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $28,401 |
Noncash contributions included in lines 1a–1f | $15,060 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,401 |
Total Program Service Revenue | $406,967 |
Investment income | $3,646 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,587 |
Net Gain/Loss on Asset Sales | $500 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $194,738 |
Net Income from Sales of Inventory | $142,206 |
Miscellaneous Revenue | $0 |
Total Revenue | $882,313 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $332,197 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $30,626 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $53,148 |
Office expenses | $27,811 |
Information technology | $134 |
Royalties | $0 |
Occupancy | $64,890 |
Travel | $91 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,316 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $14,886 |
All other expenses | $28,274 |
Total functional expenses | $653,098 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $273,572 |
Savings and temporary cash investments | $0 |
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 | $73,245 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,666,866 |
Investments—publicly traded securities | $0 |
Investments—other securities | $265,388 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $788,074 |
Total assets | $3,067,145 |
Accounts payable and accrued expenses | $0 |
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 | $26,640 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,486 |
Total liabilities | $28,126 |
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 | $3,039,019 |
Total liabilities and net assets/fund balances | $3,067,145 |
Over the last fiscal year, we have identified 2 grants that Powell County Museum & Arts Foundation Inc has recieved totaling $9,500.
Awarding Organization | Amount |
---|---|
Montana History Foundation Helena, MT PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $9,000 |
Charlotte And Edward Wheeler Foundation Inc Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
Museum Of The Rockies Bozeman, MT | $31,412,475 | $8,834,590 |
Bird Aviation Museum And Invention Center Inc Coeur Dalene, ID | $2,243,329 | $40,164 |
Wyoming Dinosaur Center Thermopolis, WY | $2,337,620 | $1,002,918 |
Fargo Air Museum Fargo, ND | $3,974,991 | $787,514 |
Basque Museum & Cultural Center Inc Boise, ID | $3,406,397 | $778,565 |
Powell County Museum & Arts Foundation Inc Deer Lodge, MT | $3,067,145 | $882,313 |
Cheyenne Depot Museum Inc Cheyenne, WY | $1,455,376 | $736,000 |
North Dakota Buffalo Foundation Inc Jamestown, ND | $1,257,345 | $704,198 |
South Dakota Hall Of Fame Chamberlain, SD | $4,135,538 | $853,857 |
The Museum Of Visual Materials Sioux Falls, SD | $0 | $396,862 |