Grand River Museum
- Assets
- $218.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lemmon, SD
- Founding
- 10/1998
- Data as of
- 12/2021
- EIN
- 46-0449061
Organization Overview
Grand River Museum is located in Lemmon, SD. The organization was established in 1998. 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. Grand River Museum 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, Grand River Museum generated $40.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRESERVATION OF THE HISTORY OF THE GRAND RIVER REGION OF SOUTH DAKOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis Schmidt Sec/treas | 32 | $9,000 | |
Stuart Schmidt President | 10 | $0 | |
Lisa Schmidt Vice President | 10 | $0 | |
James Petik Director | 4 | $0 | |
John Lopez Director | 1 | $0 | |
Elizabeth Hotchkiss Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,989 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $361 |
| Total Revenue | $40,735 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,688 |
| Professional fees and other payments to independent contractors | $437 |
| Occupancy, rent, utilities, and maintenance | $4,835 |
| Printing, publications, postage, and shipping | $2,063 |
| Other expenses | $17,060 |
| Total expenses | $36,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,389 |
| Other assets | $0 |
| Total assets | $218,369 |
| Total liabilities | $0 |
| Net assets or fund balances | $218,369 |
Peer Organizations
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|---|---|---|
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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 |