Washburn Historical Museum Inc
- Assets
- $968.4k
- Revenue
- $93.0k
- Investments
- $574.7k
- Employees
- 0
- Location
- Washburn, WI
- Founding
- 02/1992
- Data as of
- 09/2021
- EIN
- 39-1714347
Organization Overview
Washburn Historical Museum Inc is located in Washburn, WI. The organization was established in 1992. According to its NTEE Classification (A54) the organization is classified as: History 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. Washburn Historical 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 09/2021, Washburn Historical Museum Inc generated $93.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $119.0k during the year ending 09/2021. While expenses have increased by 4.8% per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CENTER DEDICATED TO FOSTERING, PRESENTING AND PRESERVING THE CULUTURAL, ARTISTIC AND HISTORICAL LIFE OF WASHBURN AND THE SURROUNDING CHEQUAMEGON BAY REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dick Olson President | 0 | $0 | |
Peter Van Evera Vice Preside | 0 | $0 | |
Joanne Meierhofer Director | 0 | $0 | |
Jana Van Evera Treasurer | 0 | $0 | |
Dan Satran Secretary | 0 | $0 | |
David Bratley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,233 |
| Interest on Savings | $209 |
| Dividends & Interest | $20,693 |
| Net Rental Income | $10,916 |
| Net Gain on Sale of Assets | $10,234 |
| Capital Gain Net Income | $10,234 |
| Net ST Capital Gain | $1,718 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $49,737 |
| Total Revenue | $93,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $25,635 |
| Pension plans, employee benefits | $0 |
| Interest | $16 |
| Taxes | $2,478 |
| Depreciation | $26,777 |
| Occupancy | $12,743 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,859 |
| Total operating and administrative expenses | $119,048 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $119,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,085 |
| Savings and temporary cash investments | $27,245 |
| 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 | $574,728 |
| Net Land, buildings, and equipment | $360,359 |
| Other assets | $0 |
| Total assets | $968,417 |
| Accounts payable and accrued expenses | $2,248 |
| 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 | $469 |
| Total liabilities | $2,717 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Edison Institute Inc Dearborn, MI | $598,342,638 | $88,893,387 |
Chicago Historical Society Chicago, IL | $142,770,893 | $16,768,760 |
Pmml North Inc Chicago, IL | $161,806,539 | $478,889 |
Holocaust Memorial Foundation Of Illinois Inc Skokie, IL | $79,808,430 | $11,161,559 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Holocaust Memorial Center Farmington Hills, MI | $46,637,236 | $21,925,651 |
Putnam Museum And Science Center Davenport, IA | $12,236,666 | $5,417,637 |
Motown Historical Museum Inc Detroit, MI | $36,344,932 | $14,838,936 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
The Tuskegee Airmen National Historical Museum Detroit, MI | $2,502,282 | $3,407,704 |
Living History Farms Foundation Des Moines, IA | $16,358,279 | $3,488,331 |
Muskegon County Museum Muskegon, MI | $2,882,872 | $2,269,228 |