Theodore Roosevelt Presidential Library Foundation
- Assets
- $81.2m
- Revenue
- $28.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Medora, ND
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-1324043
Organization Overview
Theodore Roosevelt Presidential Library Foundation is located in Medora, 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 12/2021, Theodore Roosevelt Presidential Library Foundation employed 19 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 12/2021, Theodore Roosevelt Presidential Library Foundation generated $28.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $14.1m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE THEODORE ROOSEVELT PRESIDENTIAL LIBRARY FOUNDATION IS PLANNING, BUILDING, AND WILL ULTIMATELY OPERATE, THE THEODORE ROOSEVELT PRESIDENTIAL LIBRARY IN MEDORA, NORTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS IN THE PROCESS OF DESIGNING AND BUILDING THE THEODORE ROOSEVELT PRESIDENTIAL LIBRARY IN MEDORA, NORTH DAKOTA. IT HAS SECURED THE RIGHT TO PURCHASE FROM THE US FOREST SERVICE ITS PREFERRED SITE ON A BLUFF OVERLOOKING THE TOWN, IT HAS SELECTED WORLD-RENOWNED ARCHITECTURE, DESIGN AND EXHIBITION FIRMS TO DESIGN THE BUILDING, THE GROUNDS AND THE EXHIBITS, AND IT HAS BUILT A BOARD OF TRUSTEES AND STAFF OF COMMUNITY LEADERS FROM ACROSS THE NATION WHO BRING DEEP EXPERTISE, RELATIONSHIPS AND EXPERIENCE AND WHO ALL SHARE A PASSION FOR THEODORE ROOSEVELT AND HIS ENDURING LEGACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward O'keefe CEO | Officer | 55 | $685,700 |
Kenneth Vein Director Of Design And Construction | Officer | 55 | $199,283 |
Anthony Erickson Associate Director Of Design And Construction | 55 | $116,850 | |
Josh Wiens Chief Financial Officer | Officer | 20 | $96,152 |
Serena Roosevelt Secretary | OfficerTrustee | 5 | $0 |
Vaughn Williams Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jlg Architects Construction | 12/30/21 | $4,468,881 |
Local Projects Construction | 12/30/21 | $1,565,937 |
Cost Plus Construction | 12/30/21 | $419,199 |
Lathrop Gpm Legal Fees | 12/30/21 | $497,613 |
Future Of Storytelling Corp Consulting | 12/30/21 | $312,880 |
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 | $28,156,977 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,156,977 |
| Total Program Service Revenue | $0 |
| Investment income | $489,025 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,646,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000,000 |
| 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. | $981,401 |
| Compensation of current officers, directors, key employees. | $389,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $528,018 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $73,069 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $503,813 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $60,750 |
| Fees for services: Fundraising | $226,891 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,027 |
| Advertising and promotion | $103,732 |
| Office expenses | $54,925 |
| Information technology | $28,571 |
| Royalties | $0 |
| Occupancy | $83,922 |
| Travel | $89,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $272,799 |
| Interest | $19,500 |
| Payments to affiliates | $3,519 |
| Depreciation, depletion, and amortization | $112,670 |
| Insurance | $16,482 |
| All other expenses | $33,800 |
| Total functional expenses | $14,079,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,568,699 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,650,684 |
| 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 | $29,321 |
| Net Land, buildings, and equipment | $1,593,284 |
| Investments—publicly traded securities | $22,638,354 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $416,327 |
| Other assets | $10,323,061 |
| Total assets | $81,219,730 |
| Accounts payable and accrued expenses | $2,731,495 |
| Grants payable | $0 |
| Deferred revenue | $25,000,000 |
| 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 | $520,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,251,495 |
| Net assets without donor restrictions | $38,621,056 |
| Net assets with donor restrictions | $14,347,179 |
| 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 | $81,219,730 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Theodore Roosevelt Presidential Library Foundation has recieved totaling $1,000,000.
| Awarding Organization | Amount |
|---|---|
Harold And Kathleen Gershman Foundation Grand Forks, ND PURPOSE: FURTHERANCE OF 501(C)(3)S CHARITABLE PURPOSE | $1,000,000 |
Endowment Analysis
| Beg. Balance | $171,625 |
| Earnings | $7,305 |
| Net Contributions | $10,000 |
| Ending Balance | $188,930 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Theodore Roosevelt Presidential Library Foundation Medora, ND | $81,219,730 | $28,646,002 |
Youthprise Minneapolis, MN | $12,849,214 | $14,734,349 |
Catholic Schools Center Of Excellence Minneapolis, MN | $1,425,727 | $6,819,995 |
Adopt-A-Classroom Inc Minneapolis, MN | $7,958,681 | $7,937,853 |
Montana State University Book Store Inc Bozeman, MT | $6,705,481 | $2,344,973 |
Dsu Heritage Foundation Dickinson, ND | $12,984,247 | $2,503,848 |
Page Education Foundation Minneapolis, MN | $9,424,762 | $2,991,601 |
Breakthrough Twin Cities St Paul, MN | $2,042,584 | $1,812,570 |
Daystar U S Bloomington, MN | $2,663,084 | $1,958,406 |
The Minneapolis Community And Technical College Foundation Inc Minneapolis, MN | $7,090,729 | $2,330,993 |
Nw-Links Moorhead, MN | $2,226,187 | $1,005,691 |
Pcs Building Company Ramsey, MN | $9,348,744 | $1,023,085 |