Runestone Museum Foundation

Organization Overview

Runestone Museum Foundation is located in Alexandria, MN. The organization was established in 1982. 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 12/2022, Runestone Museum Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Runestone Museum Foundation 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 12/2022, Runestone Museum Foundation generated $211.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $134.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

INFORM OUR FUTURE BY PRESERVING OUR PAST WHILE INSPIRING CURIOSITY ABOUT REGIONAL HISTORY AND HERITAGE THROUGH COMMUNITY ENGAGEMENT AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, THE ATTENDANCE INCREASED FOR THE MUSEUM AND THE ANNUAL CHRISTMAS IN THE FORT EVENT WAS ATTENDED BY OVER 6,000 PEOPLE. THE MUSEUM CONTINUED THE HISTORY AT HOME WEB-BASED EDUCATION PROGRAM ALONG WITH THE MONTHLY HOUR-LONG RADIO SPOTLIGHT TO HIGHLIGHT MUSEUM AND COMMUNITY EVENTS. THE MUSEUM ALSO ASSISTED WITH ADVERTISING AND WORKED WITH THE CAST OF THE SHOW RUNESTONE A ROCK MUSICAL WHICH PREMIERED AT THE HISTORY THEATRE IN ST PAUL AND IS ABOUT THE KENSINGTON RUNE STONE. THE MUSEUMS VOLUNTEER BASE CONTINUED TO GROW THROUGH 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Amanda Seim
Executive Director
$50,880
Bill Meyer
President
$0
Chad Meyer
Vice President
$0
Sally Smith
Treasurer
$0
Nikki Schabel
Secretary
$0
Rich Carlson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,290
Fundraising events$0
Related organizations$0
Government grants $10,250
All other contributions, gifts, grants, and similar amounts not included above$59,921
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$72,461
Total Program Service Revenue$67,154
Investment income $758
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $18,000
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $10,692
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $41,906
Miscellaneous Revenue$0
Total Revenue $210,971

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