Museum Of Friends
- Assets
- $1.2m
- Revenue
- $387.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Walsenburg, CO
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 26-1202774
Organization Overview
Museum Of Friends is located in Walsenburg, CO. The organization was established in 2007. 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 12/2023, Museum Of Friends employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Friends 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 Friends generated $387.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $197.2k during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 9 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 FRIENDS (MOF), MISSION IS TO HONOR THE ARTISTS WHO HAVE FREELY GIVEN ART TO THE MUSEUM'S FOUNDERS, ESTABLISHING ITS COLLECTION. WE FOSTER OPEN INQUIRY TOWARD CULTURAL EDUCATION THROUGH EXHIBITIONS, PUBLIC AND EDUCATIONAL PROGRAMS, AND A PUBLIC ART REFERENCE LIBRARY, ALONGSIDE OUR PERMANENT COLLECTION. WE PLEDGE TO SERVE COLORADO AS A CULTURAL RESOURCE, CREATING OPPORTUNITIES FOR THE UNDERSERVED, UNDERREPRESENTED, AND UNDER- RESOURCED COMMUNITY OF HUERFANO COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM'S "SCHOOL TOUR PROGRAM" IS OFFERED TO LOCAL AND NEIGHBORING AREA SCHOOLS FOR CLASSES PRE-K THROUGH HIGH SCHOOL. THE PROGRAM IS PLANNED WITH TEACHERS WHO USE THE MUSEUM'S COLLECTIONS FOR CURRICULUM PLANNING GOALS. THE TOUR IS FOLLOWED BY EITHER AN ART, WRITING OR PHYSICAL SELF-EXPRESSION ACTIVITY. THE PROGRAM OFFERS IN-DEPTH LEARNING OF EITHER A STEAM OR SOCIAL AND EMOTIONAL LEARNING FOR PRE-K THROUGH 12; ADULT AND OLDER ADULT PUBLIC PROGRAMS. IN 2023 A TOTAL OF 1080 CHILDREN PARTICIPATED IN THE SCHOOL-TOUR PROGRAM AND THE FRIDAY ART LAB.
EXHIBITIONS AND PUBLIC PROGRAMS 2023 THE NUMBER OF ADULT VISITORS FOR CHANGING EXHIBITIONS GUIDED AND SELF-GUIDED TOURS NUMBERED APPROXIMATELY 4080. THE CURRENT PROGRAMS ARE: THE PERMANENT COLLECTION OF CONTEMPORARY ART WITH 4000 WORKS - PAINTINGS, PRINTS, SCULPTURES PHOTOGRAPHS ON THE 2ND FLOOR AND NOW ACCESSIBLE WITH AN ELEVATOR; CHANGING EXHIBITIONS ON THE GROUND AND 2ND FLOOR; THE CURRENT PROGRAM FOR ADULTS WORKING ON THEIR SOBRIETY "CREATIVE VISUALIZATION, MEDITATION AND ART" IS SUPPORTED BY THE 3RD JUDICIAL DISTRICT DRUG COURT.
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C B Berger President/tr | OfficerTrustee | 40 | $0 |
Monica Birrer Vice Preside | OfficerTrustee | 5 | $0 |
Jazz K Berger Secretary | OfficerTrustee | 5 | $0 |
Sarah Berger-Habermann Board Member | OfficerTrustee | 5 | $0 |
Richard Farley Board Member | OfficerTrustee | 5 | $0 |
B Habermann Board Member | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,729 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $242,131 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,913 |
| Noncash contributions included in lines 1a–1f | $72,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,773 |
| Total Program Service Revenue | $3,404 |
| Investment income | $3,248 |
| 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 | $2,171 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $387,596 |
| 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. | $39,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,093 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,016 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,383 |
| Advertising and promotion | $2,092 |
| Office expenses | $2,305 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,610 |
| Travel | $4,163 |
| 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 | $18,902 |
| Insurance | $4,954 |
| All other expenses | $6,589 |
| Total functional expenses | $197,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,275 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $545,602 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $199,399 |
| Total assets | $1,171,276 |
| Accounts payable and accrued expenses | $2,814 |
| 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 | $232,667 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $235,481 |
| Net assets without donor restrictions | $935,795 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,171,276 |