Iowa Barn Foundation
- Assets
- $316.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Ogden, IA
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 39-1899210
Organization Overview
Iowa Barn Foundation is located in Ogden, IA. The organization was established in 1997. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Iowa Barn Foundation 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, Iowa Barn Foundation generated $119.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $63.7k 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 Mission:
Part 3 - Line 1
HISTORIC PRESERVATION OF BARNS
Describe the Organization's Program Activity:
Part 3
SEVENTEEN MATCHING GRANTS FOR HISTORIC PRESERVATION OF BARNS WERE APPROVED FOR PAYMENT UPON COMPLETION OF THE PROJECTS. ONE PRIOR YEAR GRANT REVERTED BECAUSE THE GRANTEE COULD NOT MEET GRANT REQUIREMENTS.
TWO ISSUES OF THE IOWA BARN FOUNDATION MAGAZINE WERE DISTRIBUTED PROVIDING INFORMATION ON ITS BARN PRESERVATION MISSION AND A BOOK WAS PUBLISHED PROVIDING INFORMATION ON BARNS THAT WERE PRESERVED.
BARN RESTORATION PROMOTIONAL AND INFORMATIONAL ACTIVITIES INCLUDING TWO TOURS OF PRESERVED BARNS, AN EXHIBIT AND BOOTH AT THE IOWA STATE FAIR, VOLUNTEER SPEAKERS, VIDEO TAPE/POWERPOINT PRESENTATIONS AND AN INTERNET WEB SITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Lawler Treasurer | 2 | $0 | |
Jeffrey Fitz-Randolph Director | 0 | $0 | |
Andrea Corcoran Director | 0 | $0 | |
Don Geiger Director | 0 | $0 | |
Ober Anderson Secretary | 2 | $0 | |
Erin Herbold-Swalwell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,512 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,780 |
| Other expenses | $8,564 |
| Total expenses | $63,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $303,376 |
| Other assets | $0 |
| Total assets | $316,689 |
| Total liabilities | $169,156 |
| Net assets or fund balances | $147,533 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Iowa Barn Foundation has recieved totaling $60,300.
| Awarding Organization | Amount |
|---|---|
Fred Maytag Family Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Reiman Foundation Inc Pewaukee, WI PURPOSE: GENERAL OPERATIONS | $10,000 |
The Richard G And Janet J Andre Charitable Foundation Chapel Hill, NC PURPOSE: SUPPORT CHARITABLE FARMING ACTIVITIES | $300 |
Endowment Analysis
| Beg. Balance | $1,137 |
| Earnings | $3 |
| Other Expense | $3 |
| Ending Balance | $1,137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |
Colonel Il James N Pritzker Library For The Citizen Soldier Chicago, IL | $30,735,848 | $6,408,136 |
Hoyt Sherman Place Foundation Des Moines, IA | $25,209,028 | $4,318,549 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Clover Fields Preservation Foundation Inc Minneapolis, MN | $10,552,332 | $5,740,196 |
Frank Lloyd Wright Trust Chicago, IL | $6,763,209 | $2,823,161 |
Chicago Police Memorial Foundation Chicago, IL | $19,000,783 | $6,539,777 |
The Basilica Landmark Minneapolis, MN | $10,889,737 | $3,579,135 |
Otho S A Sprague Memorial Institute Chicago, IL | $50,228,527 | $3,261,875 |
Orpheum Theatre Preservation Project Ltd Sioux City, IA | $9,952,360 | $2,698,691 |
The Chicago Club Preservation Foundation Chicago, IL | $3,351,972 | $672,833 |