Hennepin History Museum
- Assets
- $76.3k
- Revenue
- $483.7k
- Investments
- $0.0
- Employees
- 14
- Location
- Minneapolis, MN
- Founding
- 03/1945
- Data as of
- 12/2022
- EIN
- 41-0826131
Organization Overview
Hennepin History Museum is located in Minneapolis, MN. The organization was established in 1945. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Hennepin History Museum employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hennepin History Museum 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 12/2022, Hennepin History Museum generated $483.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $530.9k during the year ending 12/2022. While expenses have increased by 7.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE COLLECT, PRESERVE AND SHARE HENNEPIN COUNTY HISTORY TO EDUCATE, ENLIGHTEN AND INSPIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.EDUCATIONAL PROGRAMS - THE MUSEUM OPERATES EXHIBIT GALLERIES AND PUBLIC PROGRAMS BOTH INSIDE THE MUSEUM BUILDING AND OUT IN THE COMMUNITY, AND IN THE RESEARCH LIBRARY. WE ALSO ENGAGE PEOPLE ONLINE THROUGH OUR WEBSITE AND VARIOUS SOCIAL MEDIA PLATFORMS. THE HENNEPIN HISTORY MAGAZINE IS PUBLISHED THREE TIMES IN THE YEAR, AND IS SENT TO MEMBERS AS WELL AS SOLD IN THE MUSEUM STORE AND ON NEWSTANDS IN THE AREA.COLLECTIONS MANAGEMENT AND CARE - WORK HAS CONTINUED ON COLLECTIONS DOCUMENTATION PROJECTS. THIS INCLUDES CATALOGING AND INVENTORIES OF OUR MUSEUM COLLECTION, AND AN ARCHIVES PROCESSING PROJECT THAT WAS FUNDED IN PART BY A GRANT BY THE STATE OF MINNESOTA FROM THE ARTS & CULTURAL HERITAGE FUND THROUGH THE MINNESOTA HISTORICAL SOCIETY. THE MUSEUM ALSO WORKS WITH THE HENNEPIN COUNTY LIBRARY SPECIAL COLLECTIONS, PRESERVATION AND DIGITIZATION DEPARTMENT TO DIGITIZE OUR COLLECTIONS AND MAKE THEM AVAILABLE ONLINE.COMMUNITY PARTNERSHIPS - THE MUSEUM CONTINUES TO PARTNER WITH SEVERAL OTHER ORGANIZATIONS IN THE AREA. OF PARTICULAR NOTE ARE LOCAL COLLEGES AND UNIVERSITIES, INCLUDING PROVIDING INTERNSHIPS FOR STUDENTS AT THE UNIVERSITY OF ST. THOMAS AND THE UNIVERSITY OF MINNESOTA. THE MUSEUM ALSO DEVELOPED AN EXHIBIT ABOUT SCHOOL DESEGREGATION IN PARTNERSHIP WITH COMMUNITY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Crippen Executive Director | Officer | 40 | $52,275 |
Pamela Moore President | OfficerTrustee | 2 | $0 |
Rebecca Timm Vice President | OfficerTrustee | 2 | $0 |
David Frank Secretary | OfficerTrustee | 2 | $0 |
Kathleen Boe Treasurer | OfficerTrustee | 2 | $0 |
Jacqueline R Devries Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $250,393 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,067 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $461,135 |
| Total Program Service Revenue | $21,858 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $483,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $283 |
| 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 | $252,745 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,111 |
| Payroll taxes | $30,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,462 |
| Advertising and promotion | $5,748 |
| Office expenses | $19,180 |
| Information technology | $4,488 |
| Royalties | $0 |
| Occupancy | $82,546 |
| Travel | $50 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $562 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,136 |
| Insurance | $17,133 |
| All other expenses | $8,266 |
| Total functional expenses | $530,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,573 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,949 |
| 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 | $2,763 |
| Net Land, buildings, and equipment | $51,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $76,285 |
| Accounts payable and accrued expenses | $24,451 |
| 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 | $15,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $39,451 |
| Net assets without donor restrictions | -$15,854 |
| Net assets with donor restrictions | $52,688 |
| 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 | $76,285 |