Traer Historical Museum Inc
- Assets
- $287.9k
- Revenue
- $45.7k
- Investments
- $110.8k
- Employees
- 0
- Location
- Traer, IA
- Founding
- 10/1981
- Data as of
- 12/2021
- EIN
- 42-1158701
Organization Overview
Traer Historical Museum Inc is located in Traer, IA. The organization was established in 1981. According to its NTEE Classification (A50) the organization is classified as: 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. Traer 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 12/2021, Traer Historical Museum Inc generated $45.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $56.7k during the year ending 12/2021. While expenses have increased by 16.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Stansbery Treasurer | 1 | $0 | |
Tony Weida President | 1 | $0 | |
Mark Watson Vice-President | 0 | $0 | |
Sharon Stoakes Accessions | 0 | $0 | |
Sharon Bolt Director | 0 | $0 | |
Carol Stansbery Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,714 |
| Interest on Savings | $17 |
| Dividends & Interest | $3,377 |
| Net Rental Income | -$831 |
| Net Gain on Sale of Assets | $2,238 |
| Capital Gain Net Income | $1,300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $721 |
| Other Income | $0 |
| Total Revenue | $45,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $32 |
| Taxes | $913 |
| Depreciation | $9,309 |
| Occupancy | $10,786 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,973 |
| Total operating and administrative expenses | $56,693 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $56,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $951 |
| Savings and temporary cash investments | $235 |
| 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 | $114,743 |
| Investments—mortgage loans | $0 |
| Investments—other | $110,800 |
| Net Land, buildings, and equipment | $61,132 |
| Other assets | $0 |
| Total assets | $287,861 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Traer Historical Museum Inc has recieved totaling $5,424.
| Awarding Organization | Amount |
|---|---|
Traer Community Foundation Traer, IA PURPOSE: PADDING FOR TABLES AND MOBILE WORK STATIONS | $1,808 |
Traer Community Foundation Traer, IA PURPOSE: PADDING FOR TABLES AND MOBILE WORK STATIONS | $1,808 |
Traer Community Foundation Traer, IA PURPOSE: PADDING FOR TABLES AND MOBILE WORK STATIONS | $1,808 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
National Czech & Slovak Museum & Library Cedar Rapids, IA | $33,480,949 | $3,909,322 |
Vesterheim Norwegian American Museum Decorah, IA | $24,953,272 | $7,187,886 |
Leigh Yawkey Woodson Art Museum Inc Wausau, WI | $54,767,608 | $3,707,378 |
Illinois Railway Museum Union, IL | $16,575,964 | $2,964,518 |
American Jazz Museum Kansas City, MO | $1,292,332 | $1,809,014 |
National Museum Of Transportation St Louis, MO | $8,486,487 | $2,217,382 |