Wv State Farm Museum Inc is located in Point Pleasant, WV. The organization was established in 1975. According to its NTEE Classification (A54) the organization is classified as: History 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. WV State Farm 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 06/2024, WV State Farm Museum Inc generated $154.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $194.4k during the year ending 06/2024. While expenses have increased by 3.3% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
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Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Jones President | 8 | $0 | |
John Ohlinger Vice President | 8 | $0 | |
Michelle Hart Secretary | 8 | $0 | |
Dennis M Brumfield Treasurer | 8 | $0 | |
Brian Smith Director | 1 | $0 | |
Josh Russell Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $137,653 |
Total Program Service Revenue | $0 |
Membership dues | $27 |
Investment income | $174 |
Gain or Loss | $17,016 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $154,870 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $59,312 |
Professional fees and other payments to independent contractors | $1,550 |
Occupancy, rent, utilities, and maintenance | $1,641 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $131,895 |
Total expenses | $194,398 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,899 |
Other assets | $0 |
Total assets | $397,811 |
Total liabilities | $1,630 |
Net assets or fund balances | $396,181 |