Chippewa Falls Museum Of Industry & Technology Inc
- Assets
- $1.0m
- Revenue
- $178.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Chippewa Falls, WI
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 39-1699968
Organization Overview
Chippewa Falls Museum Of Industry & Technology Inc is located in Chippewa Falls, WI. The organization was established in 1991. According to its NTEE Classification (A57) the organization is classified as: Science & Technology 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. Chippewa Falls Museum Of Industry & Technology 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, Chippewa Falls Museum Of Industry & Technology Inc generated $178.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $70.9k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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
PRESERVE HERITAGE OF TECHNOLOGY AND INDUSTRY IN THE CHIPPEWA VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM OFFERS EXHIBITS, PUBLICATIONS, SCHOOL SERVICES, PROGRAMS, EVENTS, AND A WEBSITE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Mayer Vice President | Officer | 0 | $0 |
Chip Eckes Treasurer | Officer | 0 | $0 |
Bill Quirk Jr President | Officer | 0 | $0 |
Kevin Conley Secretary | Officer | 0 | $0 |
Deb Shemenauer Director | Trustee | 0 | $0 |
Darcy Way Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,245 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,612 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,857 |
| Total Program Service Revenue | $2,737 |
| Investment income | $93,432 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,392 |
| Net Gain/Loss on Asset Sales | $16,050 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,071 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,539 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,949 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,782 |
| Fees for services: Other | $0 |
| Advertising and promotion | $595 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,976 |
| Travel | $0 |
| 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 | $5,556 |
| Insurance | $1,992 |
| All other expenses | $2,515 |
| Total functional expenses | $70,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,273 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $159,701 |
| Investments—publicly traded securities | $803,280 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,040,254 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,040,254 |
| 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 | $1,040,254 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chippewa Falls Museum Of Industry & Technology Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
B A Mason Trust Chippewa Falls, WI PURPOSE: GENERAL SUPPORT | $2,500 |
B A Mason Trust Chippewa Falls, WI PURPOSE: GENERAL SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Center Of Iowa Des Moines, IA | $41,082,841 | $6,707,633 |
Chicago Academy Of Sciences Chicago, IL | $19,110,574 | $7,149,259 |
The Bakken Minneapolis, MN | $18,952,079 | $3,559,715 |
Wisconsin Agricultural Education Center Inc Manitowoc, WI | $11,673,876 | $384,322 |
Impression 5 Science Center Lansing, MI | $3,728,176 | $1,131,343 |
Wood Library-Museum Of Anesthesiology Schaumburg, IL | $13,983,152 | $1,032,421 |
Model-T Automotive Heritage Complex Inc Detroit, MI | $2,459,654 | $509,835 |
Beller Museum Westmont, IL | $72,757 | $0 |
Cognition Beulah, MI | $508,404 | $374,503 |
Iqhub St Johns, MI | $171,390 | $0 |
Homewood Science Center Homewood, IL | $444,098 | $145,048 |
Iowa Academy Of Science Cedar Falls, IA | $335,471 | $87,693 |