Milan 54 Inc
- Assets
- $418.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milan, IN
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 35-2112183
Organization Overview
Milan 54 Inc is located in Milan, IN. The organization was established in 2000. 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. Milan 54 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, Milan 54 Inc generated $128.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $51.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PRESERVE ARTIFACTS RELATED TO THE 1954 HIGH SCHOOL BASKETBALL STATE TITLE WON BY MILAN HIGH SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Kohlmeier President | 1 | $0 | |
Ray Baurley Vice President | 1 | $0 | |
Susan Cottingham Secretary/treas | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,680 |
| Total Program Service Revenue | $0 |
| Membership dues | $216 |
| Investment income | $114 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,808 |
| Total Revenue | $128,831 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,530 |
| Professional fees and other payments to independent contractors | $4,900 |
| Occupancy, rent, utilities, and maintenance | $5,225 |
| Printing, publications, postage, and shipping | $2,116 |
| Other expenses | $26,030 |
| Total expenses | $51,801 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,834 |
| Other assets | $0 |
| Total assets | $418,790 |
| Total liabilities | $153 |
| Net assets or fund balances | $418,637 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Milan 54 Inc has recieved totaling $68,750.
| Awarding Organization | Amount |
|---|---|
Indiana Historical Society Indianapolis, IN PURPOSE: HSG GRANTS | $46,750 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Installation of a fire suppression system | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Muhammad Ali Museum And Education Louisville, KY | $31,131,591 | $4,563,188 |
Lake States Dairy Center Inc Fair Oaks, IN | $6,073,141 | $3,616,020 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
Leigh Yawkey Woodson Art Museum Inc Wausau, WI | $54,767,608 | $3,707,378 |
Illinois Railway Museum Union, IL | $16,575,964 | $2,964,518 |
American Jazz Museum Kansas City, MO | $1,292,332 | $1,809,014 |