Museum At Bethel Woods
- Assets
- $585.7k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Liberty, NY
- Founding
- 12/2009
- Data as of
- 12/2022
- EIN
- 26-2778926
Organization Overview
Museum At Bethel Woods is located in Liberty, NY. The organization was established in 2009. 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. Museum At Bethel Woods 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, Museum At Bethel Woods generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM'S MISSION IS TO PRESERVE THE HISTORY OF THE 1960'S AND WOODSTOCK, AS AN EDUCATIONAL RESOURCE OF THEIR SIGNIFICANCE IN A DECADE OF RADICAL CULTURAL TRANSFORMATION. THE MUSEUM EMBODIES THE IDEALS OF THE ERA BY PROMOTING PEACE, RESPECT, COOPERATION AND A CONNECTION BETWEEN THE PLANET AND ITS PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OTHE MUSEUM IS AN IMMERSIVE AND CAPTIVATING MULTI-MEDIA EXPERIENCE THAT COMBINES FILM AND INTERACTIVE DISPLAYS, TEXT PANELS, AND ARTIFACTS TO TELL THE STORY OF THE 1960'S AND WOODSTOCK. IT EXPLORES THE UNIQUE EXPERIENCE OF THE WOODSTOCK FESTIVAL, ITS SIGNIFICANCE AS A CULMINATING EVENT OF A DECADE OF RADICAL CULTURAL TRANSFORMATION, AND THE LEGACY OF THE SIXTIES AND WOODSTOCK TODAY. THE MUSEUM SERVES AS AN EDUCATIONAL RESOURCE FOR THE EXPLORATION OF THE UNIQUE AMERICAN EXPERIENCE OF THE DECADE OF THE 1960S. THE MAIN GALLERY EXHIBIT HIGHLIGHTS THE SOCIAL, POLITICAL, CULTURAL AND MUSICAL TRANSFORMATIONS OF THAT PERIOD AS WELL AS ITS LEGACY TODAY.THE MUSEUM EMBODIES THE KEY IDEALS OF THE ERA IT INTERPRETS: PEACE, RESPECT, COOPERATION, AND A CONNECTION TO THE PLANET AND THE PEOPLE WHO INHABIT IT.IN ADDITION TO PRESERVING AND INTERPRETING AN ERA, THE MUSEUM IS ACTIVELY INVOLVED IN OUR COMMUNITY: THROUGH EDUCATION, ECONOMIC DEVELOPMENT, AND HISTORICAL PRESERVATION; BY ENCOURAGING SOCIAL RESPONSIBILITY AMONG OUR VISITORS AND SUPPORTERS; BY ADVOCATING FOR ISSUES THAT MAKE SULLIVAN COUNTY, AND THE WORLD AT LARGE, A BETTER PLACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Fisher Trustee | Trustee | 1 | $0 |
Neal Hitch Museum Director/trustee | OfficerTrustee | 40 | $122,446 |
Jim Smith Trustee | Trustee | 1 | $0 |
Keith Suehnholz Vice President/trustee | OfficerTrustee | 1 | $0 |
Eric Frances Ceo/cfo/trustee | OfficerTrustee | 1 | $0 |
Denise Frangipane Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $126,351 |
| Government grants | $47,945 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,107 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,403 |
| Total Program Service Revenue | $621,779 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $197,896 |
| 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 | $1,045,078 |
| 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 | $515,049 |
| Pension plan accruals and contributions | $12,357 |
| Other employee benefits | $61,115 |
| Payroll taxes | $18,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $53,768 |
| Office expenses | $11,329 |
| Information technology | $2,545 |
| Royalties | $0 |
| Occupancy | $110,433 |
| Travel | $6,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,715 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,366 |
| Insurance | $14,261 |
| All other expenses | $8,265 |
| Total functional expenses | $1,094,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,742 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,637 |
| 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 | $165,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $222,104 |
| Other assets | $687 |
| Total assets | $585,702 |
| Accounts payable and accrued expenses | $57,471 |
| Grants payable | $0 |
| Deferred revenue | $7,700 |
| 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 | $65,171 |
| Net assets without donor restrictions | $520,531 |
| 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 | $585,702 |