Wichita Sedgwick County Historial Museum Association
- Assets
- $7.2m
- Revenue
- $521.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Wichita, KS
- Founding
- 04/1962
- Data as of
- 12/2022
- EIN
- 48-0618433
Organization Overview
Wichita Sedgwick County Historial Museum Association is located in Wichita, KS. The organization was established in 1962. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Wichita Sedgwick County Historial Museum Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita Sedgwick County Historial Museum Association 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, Wichita Sedgwick County Historial Museum Association generated $521.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $688.0k 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
TO OPERATE A MUSEUM ABOUT THE HISTORY OF WICHITA AND SEDGWICK COUNTY KANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR VISION: TO PROVIDE A WORLD CLASS MUSEUM EXPERIENCE, ADVANCING THE UNDERSTANDING AND EXPLORATION OF THE RICH HISTORICAL AND CULTURAL HERITAGE OF WICHITA AND SEDGWICK COUNTY KANSAS.OUR CORE VALUES:DISCOVERY, CREATIVITY, EMPATHY, AUTHENTICITY, INTEGRITY, SERVICE AND COLLABORATIONTHESE VALUES ARE PRIMARY FACTORS GUIDING THE ORGANIZATION'S ACTIONS IN MEETING THE MISSION AND FULFILLING THE VISION SET FOR THE MUSEUM. BY ADHERING TO THESE SIMPLE TENETS, THE MUSEUM IS ABLE TO PROVIDE EXPERIENCES WHICH ORIENT THE VISITOR TO THE PAST, DEFINE THE PRESENT, AND HELP CHART THE COURSE FOR THE FUTURE.OUR STATEMENT OF ETHICS: THE MUSEUM'S POLICIES AND PROCEDURES ARE INTENDED TO REFLECT THE VALUES IN THE CODE OF ETHICS FOR MUSEUMS OF THE AMERICAN ASSOCIATION OF MUSEUMS AND THE WICHITA-SEDGWICK COUNTY HISTORICAL MUSEUM STATEMENT OF ETHICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Bothner Trustee | Trustee | 1 | $0 |
Dean Bradley Secretary | OfficerTrustee | 1 | $0 |
Myra Devlin Trustee | Trustee | 1 | $0 |
Tom Dondlinger Trustee | Trustee | 1 | $0 |
Jay Fowler 1st Vice President | OfficerTrustee | 1 | $0 |
Orin Friesen Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $56,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $269,284 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,183 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,467 |
| Total Program Service Revenue | $15,833 |
| Investment income | $130,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,547 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$99,129 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,054 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $521,448 |
| 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. | $80,213 |
| Compensation of current officers, directors, key employees. | $26,470 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $256,650 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,494 |
| Payroll taxes | $26,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,823 |
| Advertising and promotion | $389 |
| Office expenses | $5,116 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,657 |
| 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 | $27,595 |
| Insurance | $17,401 |
| All other expenses | $39,294 |
| Total functional expenses | $688,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $635,321 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,080 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $135,648 |
| Prepaid expenses and deferred charges | $8,466 |
| Net Land, buildings, and equipment | $401,225 |
| Investments—publicly traded securities | $5,966,486 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,150,226 |
| Accounts payable and accrued expenses | $31,457 |
| 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 | $31,457 |
| Net assets without donor restrictions | $3,833,055 |
| Net assets with donor restrictions | $3,285,714 |
| 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 | $7,150,226 |