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 8 years the organization has increased revenue by an average of 1.6% 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 |
|---|---|---|---|
Bruce Cox Asst Director | Trustee | 40 | $0 |
Pat Cowden Board Member | Trustee | 2.5 | $0 |
Carol Deakyne Board Member | Trustee | 2.5 | $0 |
Tootie Burns President | OfficerTrustee | 2.5 | $0 |
Krystin Cooper Board Member | Trustee | 2.5 | $0 |
Sheila Baker Board Member | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,180 |
| 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 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 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 | $0 |
| 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 |
| 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 |
| Total liabilities and net assets/fund balances | $553,922 |