Liberty Hyde Baily Museum Memorial Fund Inc is located in South Haven, MI. The organization was established in 2010. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberty Hyde Baily Museum Memorial Fund 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 06/2023, Liberty Hyde Baily Museum Memorial Fund Inc generated $69.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $62.6k during the year ending 06/2023. While expenses have increased by 7.7% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF LIBERTY HYDE MUSEUM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Williamson Chair | 5 | $0 | |
Joan Hiddema Treasurer | 2 | $0 | |
Wendi Onuki City Represe | 2 | $0 | |
Carrie Sauter Board Member | 2 | $0 | |
Cheyenne Sloan Board Member | 2 | $0 | |
Beth Clawson Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $52,909 |
Interest on Savings | $224 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $2,615 |
Other Income | $13,992 |
Total Revenue | $69,740 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $22,770 |
Pension plans, employee benefits | $2,676 |
Interest | $0 |
Taxes | $0 |
Depreciation | $3,136 |
Occupancy | $8,128 |
Travel, conferences, and meetings | $0 |
Printing and publications | $1,509 |
Other expenses | $23,055 |
Total operating and administrative expenses | $62,601 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $62,601 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $288 |
Savings and temporary cash investments | $104,222 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $30,496 |
Other assets | $0 |
Total assets | $135,006 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $878 |
Total liabilities | $878 |