Traer Historical Museum Inc
- Assets
- $239.7k
- Revenue
- $53.9k
- Investments
- $60.6k
- Employees
- 0
- Location
- Traer, IA
- Founding
- 10/1981
- Data as of
- 12/2022
- 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 12/2022, Traer Historical Museum Inc generated $53.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $102.6k during the year ending 12/2022. While expenses have increased by 22.8% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Stansbery Treasurer | 0 | $0 | |
Mark Watson President | 0 | $0 | |
Sharon Stoakes Director | 0 | $0 | |
Sharon Bolt Director | 0 | $0 | |
Carol Stansbery Secretary | 0 | $0 | |
Carol Boyce Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,985 |
| Interest on Savings | $17 |
| Dividends & Interest | $1,600 |
| Net Rental Income | $3,179 |
| Net Gain on Sale of Assets | $15,379 |
| Capital Gain Net Income | $15,379 |
| Net ST Capital Gain | $7 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $285 |
| Other Income | $116 |
| Total Revenue | $53,882 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $968 |
| Pension plans, employee benefits | $0 |
| Interest | $32 |
| Taxes | $1,514 |
| Depreciation | $7,954 |
| Occupancy | $7,581 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $84,049 |
| Total operating and administrative expenses | $102,578 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $102,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,168 |
| Savings and temporary cash investments | $0 |
| 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 | $112,187 |
| Investments—mortgage loans | $0 |
| Investments—other | $60,630 |
| Net Land, buildings, and equipment | $55,743 |
| Other assets | $0 |
| Total assets | $239,728 |
| Accounts payable and accrued expenses | $563 |
| 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 | $563 |