Waterworks Art Museum
- Assets
- $909.0k
- Revenue
- $152.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Miles City, MT
- Founding
- 01/1976
- Data as of
- 06/2023
- EIN
- 51-0175533
Organization Overview
Waterworks Art Museum is located in Miles City, MT. The organization was established in 1976. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Waterworks Art Museum employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterworks Art Museum 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 06/2023, Waterworks Art Museum generated $152.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $166.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. 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
COMMUNITY ART & HERITAGE CENTER IS TO PROVIDE EXHIBITS AND ART PROGRAMS FOR RESIDENTS OF SOUTHEASTERN MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EXHIBITS AND ART PROGRAMS FOR RESIDENTS OF SOUTHEASTERN MONTANA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Hall Tooke Executive Di | Officer | 40 | $31,091 |
Dixie Rieger Exec Dir/ Bo | OfficerTrustee | 40 | $25,629 |
Kelsey Damon Board Member | Trustee | $0 | |
Brandi Gibson Secretary | Trustee | $0 | |
Catherine Kimball Board Member | Trustee | $0 | |
Jean Lindley President | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,699 |
| Fundraising events | $0 |
| Related organizations | $44,200 |
| Government grants | $11,615 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,097 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,611 |
| Total Program Service Revenue | $11,425 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,238 |
| Net Income from Gaming Activities | $415 |
| Net Income from Sales of Inventory | $5,190 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $152,803 |
| 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. | $51,353 |
| Compensation of current officers, directors, key employees. | $17,669 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,136 |
| Payroll taxes | $8,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,980 |
| Advertising and promotion | $1,850 |
| Office expenses | $12,837 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,967 |
| Travel | $3,137 |
| 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 | $18,505 |
| Insurance | $2,243 |
| All other expenses | $0 |
| Total functional expenses | $166,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,468 |
| Savings and temporary cash investments | $17,180 |
| Pledges and grants receivable | $0 |
| 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 | $8,094 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $399,486 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $440,748 |
| Total assets | $908,976 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $908,976 |
| Net assets with donor restrictions | $0 |
| 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 | $908,976 |