Museum Associates Inc
- Assets
- $553.9k
- Revenue
- $70.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MO
- Founding
- 04/1977
- Data as of
- 06/2022
- EIN
- 43-1092471
Organization Overview
Museum Associates Inc is located in Columbia, MO. The organization was established in 1977. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Museum Associates 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 06/2022, Museum Associates Inc generated $70.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $38.3k during the year ending 06/2022. 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
SUPPORT OF UNIVERSITY MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR THE MUSEUM OF ART & ARCHAEOLOGY, UNIVERITY OF MISSOURI. INCLUDES ART ACQUISITIONS, RESEARCH, PROJECT SPONSORSHIPS.
MEMBERSHIP RECRUITMENT/MEMBER SERVICES: NEWSLETTER, GALA DINNER, MEMBERSHIP DATABASE MAINTENANCE.
EDUCATIONS WORKSHOPS AND FELLOWSHIP TRAVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tootie Burns President | OfficerTrustee | 2.5 | $0 |
Valerie Hammons Secretary | OfficerTrustee | 2.5 | $0 |
Alex Barker Exec. Vice Pres | OfficerTrustee | 2.5 | $0 |
Carol Deakyne Board Member | Trustee | 2.5 | $0 |
Stacie Schroeder Vice President | OfficerTrustee | 2.5 | $0 |
Bruce Cox Asst Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,180 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,180 |
| Total Program Service Revenue | $17,635 |
| Investment income | $18,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $860 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $163 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $19,705 |
| Compensation of current officers, directors, key employees. | $19,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,338 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,407 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,452 |
| All other expenses | $955 |
| Total functional expenses | $38,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,494 |
| Savings and temporary cash investments | $65,196 |
| Pledges and grants receivable | $0 |
| 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 | $21,450 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $359,874 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $95,908 |
| Total assets | $553,922 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $270,213 |
| Net assets with donor restrictions | $283,709 |
| 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 | $553,922 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Museum Associates Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Linwood Charitable Trust Columbia, MO PURPOSE: GENERAL OPERATING FUNDS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma City National Memorial Foundation Oklahoma City, OK | $43,932,179 | $4,892,726 |
Commonwealth Fund For Ket Inc Lexington, KY | $35,205,433 | $8,912,254 |
Friends Of Oeta Inc Oklahoma City, OK | $52,803,812 | $14,188,991 |
Opas Foundation Omaha, NE | $216,930,638 | $54,646,266 |
St Louis Art Museum Foundation St Louis, MO | $296,394,608 | $22,752,701 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Des Moines Metro Opera Foundation Inc Indianola, IA | $21,471,212 | $2,429,329 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |
Science Museum Oklahoma Affiliated Fund Of Occf Inc Oklahoma City, OK | $67,323,215 | $1,438,504 |
Mariners Museum Tr No 2 P03152009 Chicago, IL | $40,886,491 | $1,565,814 |
World Chess Museum Inc St Louis, MO | $1,624,573 | $2,628,298 |
Frist Art Museum Foundation Nashville, TN | $70,216,759 | $5,732,814 |