Verendrye Museum Incorporated
- Assets
- $533.9k
- Revenue
- $69.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Pierre, SD
- Founding
- 08/1972
- Data as of
- 12/2022
- EIN
- 46-0314846
Organization Overview
Verendrye Museum Incorporated is located in Fort Pierre, SD. The organization was established in 1972. 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. Verendrye Museum Incorporated 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, Verendrye Museum Incorporated generated $69.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $58.9k during the year ending 12/2022. 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
PRESERVATION OF HISTORICAL ITEMS OF SOUTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM HOUSES A COLLECTION OF PIONEER ARTIFACTS DOCUMENTING THE EARLY HISTORY OF SOUTH DAKOTA. THE MUSEUM IS OPEN TO PATRONS FROM MEMORIAL DAY THROUGH LABOR DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Carlisle Treasurer | OfficerTrustee | 10 | $0 |
Dena Gabriel Secretary | OfficerTrustee | 3 | $0 |
Wyatt Johnson Vice Preside | OfficerTrustee | 1 | $0 |
Deb Schiefelbein President | OfficerTrustee | 1 | $0 |
Sandy Cronin Director | Trustee | 1 | $0 |
Darby Nutter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,180 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,632 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,812 |
| Total Program Service Revenue | $1,285 |
| Investment income | $7,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,044 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,948 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,312 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,875 |
| Office expenses | $1,095 |
| 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 | $589 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,501 |
| Insurance | $5,634 |
| All other expenses | $2,294 |
| Total functional expenses | $58,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,017 |
| Savings and temporary cash investments | $283,673 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $133,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $533,937 |
| 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 | $533,937 |
| Net assets with donor restrictions | $0 |
| 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 | $533,937 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Verendrye Museum Incorporated has recieved totaling $5,400.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Historical education | $5,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
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 |
Museum Of The Rockies Bozeman, MT | $31,412,475 | $8,834,590 |
Danish Immigrant Museum Elk Horn, IA | $10,787,918 | $1,977,649 |
Hastings Museum Hastings, NE | $361,116 | $1,611,547 |
Smith Collection Lincoln, NE | $38,634,581 | $8,821,762 |
National Sprint Car Hall Of Fame & Museum Foundation Inc Knoxville, IA | $7,797,948 | $2,501,286 |
Lake Superior Railroad Museum Duluth, MN | $1,428,444 | $1,322,754 |
Wyoming Dinosaur Center Thermopolis, WY | $2,337,620 | $1,002,918 |