Theodore Roosevelt Presidential Library Foundation is located in Bismarck, ND. The organization was established in 2016. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Theodore Roosevelt Presidential Library Foundation employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theodore Roosevelt Presidential Library Foundation 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 12/2023, Theodore Roosevelt Presidential Library Foundation generated $34.7m in total revenue. All expenses for the organization totaled $5.2m during the year ending 12/2023. While expenses have increased by 34.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SINCE 2014, THE TRPLF HAS BEEN PLANNING AND BUILDING A NEW, AMBITIOUS KIND OF PRESIDENTIAL LIBRARY. OTHERS TELL THE STORY OF A SINGLE INDIVIDUAL, BUT THE TRPL WILL DO MORE THAN PRESERVE HISTORY. THIS WILL BE A PEOPLE'S LIBRARY, BRINGING ROOSEVELT'S VALUES AND RELENTLESS SPIRIT TO LIFE AT A CRITICAL TIME WHILE CHAMPIONING THE STORIES OF ALL WHO "DARE GREATLY, THINK BOLDLY, CARE DEEPLY, AND LIVE PASSIONATELY." THE LIBRARY IS BEING CONSTRUCTED IN MEDORA, ND, WITH A MILESTONE PLANNED FOR AMERICA'S 250TH ANNIVERSARY. PARTICIPANTS AT THE TRPL WILL LEARN FROM NOT JUST ABOUT ROOSEVELT, BEING TRANSFORMED IN THE SAME BADLANDS THAT SERVED AS THE FULCRUM IN HIS LIFE STORY.GUIDED BY PILLAR PRINCIPLES OF LEADERSHIP, CITIZENSHIP, AND CONSERVATION, THE TRPLF HAS PARTNERED WITH INNOVATIVE PARTNERS ON THE MOST SUSTAINABLE PRESIDENTIAL LIBRARY AND CAMPUS EVER, A REVOLUTIONARY APPROACH TO INTERPRETIVE DESIGN, AND PROGRAMMING THAT WILL SPREAD THE LIBRARY'S MESSAGE BEYOND ITS WALLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT THE CORE OF THE FOUNDATION'S MISSION TO EXPLORE THEODORE ROOSEVELT'S LIFE, LEGACY, AND ENDURING RELEVANCE SITS THE DEVELOPMENT OF A PHYSICAL PRESIDENTIAL LIBRARY AND MUSEUM IN MEDORA, NORTH DAKOTA, AND THE CREATION OF A PROGRAMMING PLATFORM THAT PROMOTES LEADERSHIP, CITIZENSHIP, AND CONSERVATION BEYOND THE BUILDING IN THE BADLANDS. IN 2023, THE FOUNDATION COMPLETED THE FINAL ARCHITECTURAL DESIGN OF THE BUILDING AND CONTINUED DEVELOPMENT OF THE LANDSCAPE DESIGN OF THE SURROUNDING SITE, AND INTERPRETIVE DESIGN OF THE MUSEUM'S EXHIBITS. THE FOUNDATION LAUNCHED A PODCAST SERIES AND CONTINUED DEVELOPMENT OF AN AUGMENTED REALITY GAME. PARTNERSHIPS ALSO CONTINUED TO EXPAND AND DEEPEN, INCLUDING WITH FEDERAL, STATE, AND TRIBAL GOVERNMENTS; UNIVERSITIES; CORPORATIONS AND FOUNDATIONS; AND OTHER NONPROFITS; PRESIDENTIAL LIBRARIES; AND CULTURAL INSTITUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Beckham Director | Trustee | 5 | $0 |
Kermit Roosevelt III Director | Trustee | 5 | $0 |
Serena Roosevelt Secretary (left Nov 2023) | OfficerTrustee | 5 | $0 |
Vaughn Williams Treasurer | OfficerTrustee | 5 | $0 |
Spencer Zwick Director | Trustee | 5 | $0 |
Linda Pancratz Chair | OfficerTrustee | 20 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Local Projects Exhibit Design | 12/30/23 | $2,368,576 |
Lathrop Gpm Attorney | 12/30/23 | $272,198 |
Eidebailly Llp Accounting | 12/30/23 | $197,640 |
Res Great Lakes Llc Environmental Solutions | 12/30/23 | $119,328 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,916,727 |
All other contributions, gifts, grants, and similar amounts not included above | $30,482,720 |
Noncash contributions included in lines 1a–1f | $88,550 |
Total Revenue from Contributions, Gifts, Grants & Similar | $32,399,447 |
Total Program Service Revenue | $0 |
Investment income | $2,378,037 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$101,993 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $34,675,491 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $16,025 |
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. | $1,026,488 |
Compensation of current officers, directors, key employees. | $400,331 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,108,312 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $112,995 |
Fees for services: Management | $0 |
Fees for services: Legal | $345,383 |
Fees for services: Accounting | $41,178 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $429,032 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $38,888 |
Advertising and promotion | $205,995 |
Office expenses | $95,860 |
Information technology | $44,992 |
Royalties | $0 |
Occupancy | $61,301 |
Travel | $204,655 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $99,194 |
Interest | $15,600 |
Payments to affiliates | $11,809 |
Depreciation, depletion, and amortization | $136,741 |
Insurance | $161,775 |
All other expenses | $238,774 |
Total functional expenses | $5,223,363 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,802,400 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $26,999,120 |
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 | $47,914 |
Net Land, buildings, and equipment | $2,803,279 |
Investments—publicly traded securities | $62,103,398 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $577,502 |
Other assets | $51,433,913 |
Total assets | $184,767,526 |
Accounts payable and accrued expenses | $6,640,392 |
Grants payable | $0 |
Deferred revenue | $30,619,565 |
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 | $260,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $259,632 |
Total liabilities | $37,779,589 |
Net assets without donor restrictions | $94,045,701 |
Net assets with donor restrictions | $52,942,236 |
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 | $184,767,526 |