Bergstrom-Mahler Museum Inc
- Assets
- $17.4m
- Revenue
- $1.6m
- Investments
- $11.1m
- Employees
- 18
- Location
- Neenah, WI
- Founding
- 08/1956
- Data as of
- 06/2021
- EIN
- 39-0958257
Organization Overview
Bergstrom-Mahler Museum Inc is located in Neenah, WI. The organization was established in 1956. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Bergstrom-Mahler Museum Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bergstrom-Mahler Museum 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 06/2021, Bergstrom-Mahler Museum Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $958.4k during the year ending 06/2021. While expenses have increased by 2.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE, EXCITE, AND EDUCATE OUR REGIONAL AND GLOBAL AUDIENCES USING OUR WORLD RENOWNED GLASS PAPERWEIGHTS, GLASS COLLECTIONS AND CHANGING EXHIBITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING AND MAINTAINING A MUSEUM, EXHIBITS, AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Moorefield Executive Di | Officer | 40 | $84,094 |
Kathryn Dreifuerst Secretary | OfficerTrustee | 5 | $0 |
Walter Koskinen Treasurer | OfficerTrustee | 5 | $0 |
Prem Mansukhani Vice-Preside | OfficerTrustee | 5 | $0 |
Michael Meilahn President | OfficerTrustee | 5 | $0 |
Simon Abrahms Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $125,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $937,755 |
| Noncash contributions included in lines 1a–1f | $558,475 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,089,655 |
| Total Program Service Revenue | $23,682 |
| Investment income | $205,755 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $124,328 |
| Net Income from Fundraising Events | $45,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $69,065 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,558,977 |
| 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. | $84,093 |
| Compensation of current officers, directors, key employees. | $25,228 |
| Compensation to disqualified persons | $14,592 |
| Other salaries and wages | $318,920 |
| Pension plan accruals and contributions | $10,074 |
| Other employee benefits | $40,675 |
| Payroll taxes | $30,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,277 |
| Fees for services: Accounting | $30,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,640 |
| Fees for services: Other | $27,055 |
| Advertising and promotion | $24,475 |
| Office expenses | $30,037 |
| Information technology | $33,410 |
| Royalties | $0 |
| Occupancy | $115,887 |
| Travel | $2,818 |
| 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 | $48,353 |
| Insurance | $21,555 |
| All other expenses | $17,690 |
| Total functional expenses | $958,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,167 |
| Savings and temporary cash investments | $456,431 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,724 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $78,835 |
| Prepaid expenses and deferred charges | $57,700 |
| Net Land, buildings, and equipment | $553,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,066,392 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,799,437 |
| Total assets | $17,360,409 |
| Accounts payable and accrued expenses | $75,825 |
| Grants payable | $0 |
| Deferred revenue | $1,781 |
| 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 | $100,390 |
| Other liabilities | $0 |
| Total liabilities | $177,996 |
| Net assets without donor restrictions | $1,543,062 |
| Net assets with donor restrictions | $15,639,351 |
| 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 | $17,360,409 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Bergstrom-Mahler Museum Inc has recieved totaling $26,990.
| Awarding Organization | Amount |
|---|---|
Community Foundation For The Fox Valley Region Inc Appleton, WI PURPOSE: ART MUSEUMS | $25,252 |
Jud And Mary Beth Fowler Foundation Neenah, WI PURPOSE: SUPPORT FOR THE ARTS | $1,500 |
Charles And Marcia Larsen & Anthony And Priscilla Beadell Foundation Mequon, WI PURPOSE: ARTS | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Endowment Analysis
| Beg. Balance | $9,146,208 |
| Earnings | $2,352,344 |
| Admin Expense | -$48,640 |
| Other Expense | -$383,520 |
| Ending Balance | $11,066,392 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minneapolis Society Of Fine Arts Minneapolis, MN | $389,108,974 | $52,759,804 |
The Detroit Institute Of Arts Detroit, MI | $547,056,318 | $58,386,978 |
Museum Of Contemporary Art Chicago, IL | $199,455,132 | $15,185,579 |
Milwaukee Art Museum Inc Milwaukee, WI | $162,007,595 | $17,721,477 |
Grand Rapids Art Museum Grand Rapids, MI | $63,932,796 | $12,119,660 |
Edmundson Art Foundation Inc Des Moines, IA | $123,873,821 | $5,221,950 |
Jayne Wrightsman Irr Trust Xxxxx7008 Chicago, IL | $23,809,573 | $29,559,094 |
Kalamazoo Institute Of Arts Kalamazoo, MI | $37,022,410 | $4,067,933 |
Madison Museum Of Contemporary Art Inc Madison, WI | $15,382,994 | $2,302,239 |
Minnesota Museum Of American Art Saint Paul, MN | $9,032,036 | $1,499,963 |
Paine Art Center & Gardens Inc Oshkosh, WI | $23,894,891 | $2,871,435 |
Templearts Saginaw, MI | $24,720,912 | $2,521,932 |