The Kansas African American Museum Inc
- Assets
- $2.1m
- Revenue
- $2.0m
- Investments
- $43.3k
- Employees
- 6
- Location
- Wichita, KS
- Founding
- 01/1980
- Data as of
- 12/2021
- EIN
- 48-0890970
Organization Overview
The Kansas African American Museum Inc is located in Wichita, KS. The organization was established in 1980. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Kansas African American Museum Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas African American Museum Inc 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, Kansas African American Museum Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $405.1k during the year ending 12/2021. While expenses have increased by 3.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE KANSAS AFRICAN AMERICAN MUSEUM ENDEAVORS TO MAKE THE KANSAS AFRICAN AMERICAN EXPERIENCE RESONANT WITH EVERY KANSAN BY TELLING THE STORIES OF THE AFRICAN AMERICAN EXPERIENCE IN KANSAS IN ORDER TO EDUCATE ABOUT THE PAST AND INSPIRE A HOPE FOR THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATION OF THE MUSEUM FOR PUBLIC USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Sherman Executive Director | Officer | 40 | $71,000 |
Ted Ayres President | OfficerTrustee | 10 | $0 |
John Rolfe President-Elect | OfficerTrustee | 10 | $0 |
Sharla Smith Secretary | OfficerTrustee | 10 | $0 |
Amy Hamilton Treasurer | OfficerTrustee | 10 | $0 |
Roger Bradshaw Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $60,209 |
| Fundraising events | $86,794 |
| Related organizations | $0 |
| Government grants | $233,264 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,655,983 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,036,250 |
| Total Program Service Revenue | $11,773 |
| Investment income | $3,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$64,116 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,302 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,993,440 |
| 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. | $71,000 |
| Compensation of current officers, directors, key employees. | $35,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,748 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,819 |
| Payroll taxes | $16,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $66,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,462 |
| Advertising and promotion | $2,660 |
| Office expenses | $8,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,103 |
| Travel | $498 |
| 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 | $0 |
| Insurance | $8,182 |
| All other expenses | $2,917 |
| Total functional expenses | $405,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $584,805 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $412,500 |
| 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 | $859,370 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $43,259 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $213,789 |
| Total assets | $2,113,723 |
| Accounts payable and accrued expenses | $12,425 |
| Grants payable | $0 |
| Deferred revenue | $26,574 |
| 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 | $38,999 |
| Net assets without donor restrictions | $1,347,478 |
| Net assets with donor restrictions | $727,246 |
| 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 | $2,113,723 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Kansas African American Museum Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Berry Foundation Inc Wichita, KS PURPOSE: ANNUAL GIFT | $1,000 |
Endowment Analysis
| Beg. Balance | $30,517 |
| Earnings | $2,587 |
| Ending Balance | $33,104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Museum Of The Bible Inc Oklahoma City, OK | $471,961,036 | $30,370,412 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
National Cowboy And Western Heritage Museum Inc Oklahoma City, OK | $111,505,092 | $15,269,819 |
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
The Arts And Recreation Foundation Of Overland Park Inc Overland Park, KS | $7,303,812 | $3,542,683 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Exploration Place Inc Wichita, KS | $29,741,149 | $4,435,159 |
Cosmosphere Inc Hutchinson, KS | $12,276,263 | $5,989,265 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Lion Global Foundation Denver, CO | $27,670,557 | $8,372,189 |
Museum Of Outdoor Arts Englewood, CO | $18,523,880 | $4,071,362 |
American Jazz Museum Kansas City, MO | $1,292,332 | $1,809,014 |