Crosswater Canyon Inc
- Assets
- $131.1m
- Revenue
- $43.0m
- Investments
- $0.0
- Employees
- 810
- Location
- Petersburg, KY
- Founding
- 04/2013
- Data as of
- 06/2020
- EIN
- 27-4026852
Organization Overview
Crosswater Canyon Inc is located in Petersburg, KY. The organization was established in 2013. 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 06/2021, Crosswater Canyon Inc employed 810 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosswater Canyon 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 06/2020, Crosswater Canyon Inc generated $43.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $44.3m during the year ending 06/2020. While expenses have increased by 23.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE FOR THE BENEFIT OF, AND TO SUPPORT THE MISSION AND PURPOSES OF, ANSWERS IN GENESIS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARK ENCOUNTER - BIBLICALLY THEMED ATTRACTION, LOCATED IN WILLIAMSTOWN KENTUCKY, OPENED TO THE GENERAL PUBLIC ON AN ADMISSIONS FEE BASIS JULY 7, 2016.
DISTRIBUTION OF RELATED LITERATURE, DVDS, INSTRUCTIONAL MATERIAL, RELATED MERCHANDISE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Zovath Chief Action Officer | Officer | 50 | $122,349 |
Timothy Schmidt Vice President Of Horticulture & Site Development | 40 | $102,766 | |
Patrick Marsh Vice President Of Attractions Design | 40 | $102,117 | |
Judge Darrell White Board Vice Chairperson | OfficerTrustee | 10 | $0 |
Adam Heinlein Board Chairperson | OfficerTrustee | 10 | $0 |
Scott Fetzer Treasurer/cfo | Officer | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Conquer Advertising | 6/29/21 | $5,030,458 |
Croswell Of Williamsburg Llc Transportation | 6/29/21 | $684,542 |
Mark Spaulding Construction Co Construction | 6/29/21 | $1,241,998 |
Epling Construction Of Northern Kentucky Construction | 6/29/21 | $182,073 |
Joseph David Advertising Llc Advertising | 6/29/21 | $1,414,147 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,804,958 |
| Investment income | $117,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$967 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,052,781 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,029,126 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $10,060,579 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,080,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,055,080 |
| Advertising and promotion | $7,152,981 |
| Office expenses | $3,377,858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,161,802 |
| Travel | $107,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,036,318 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,602,453 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $44,283,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,790,126 |
| Savings and temporary cash investments | $3,243,034 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,571,597 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $608,450 |
| Prepaid expenses and deferred charges | $227,447 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $131,093,453 |
| Accounts payable and accrued expenses | $11,817,641 |
| Grants payable | $0 |
| Deferred revenue | $1,044,929 |
| 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 | $51,594,062 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,576,883 |
| Total liabilities | $80,033,515 |
| 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 |
| Total liabilities and net assets/fund balances | $51,059,938 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crosswater Canyon Inc has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |
Rock And Roll Hall Of Fame And Museum Inc Cleveland, OH | $155,983,812 | $52,609,977 |
National Football Museum Inc Canton, OH | $45,241,637 | $30,879,205 |
Country Music Foundation Inc Nashville, TN | $103,507,163 | $14,152,198 |
Cincinnati Museum Center Cincinnati, OH | $282,646,725 | $49,474,377 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Mariners Museum Newport News, VA | $159,780,245 | $10,021,200 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |