Kent Museum Inc
- Assets
- $365.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennedyville, MD
- Founding
- 05/1978
- Data as of
- 04/2019
- EIN
- 52-0903699
Organization Overview
Kent Museum Inc is located in Kennedyville, MD. The organization was established in 1978. According to its NTEE Classification (A50) the organization is classified as: 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. Kent 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 04/2019, Kent Museum Inc generated $144.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $2.3k during the year ending 04/2019. As we would expect to see with falling revenues, expenses have declined by (20.2%) per year over the past 2 years. 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
2019
Describe the Organization's Program Activity:
Part 3
OPERATE A MUSEUM CONTAINING RURAL FARM AND HOME ITEMS, WITH FREE PUBLIC ADMISSION. A NATURE TRAIL AND PICNIC AREA ARE ALSO AVAILABLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Hendrickson President | 1 | $0 | |
Jim Vorhees Secretary/tr | 1 | $0 | |
Jon Anderson Director | 1 | $0 | |
Don Hooker Director | 1 | $0 | |
Mary Tazewell Director | 1 | $0 | |
Jim Thompson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,240 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,473 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $908 |
| Other Revenue | $0 |
| Total Revenue | $144,621 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $398 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,922 |
| Total expenses | $2,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $363,715 |
| Other assets | $0 |
| Total assets | $365,599 |
| Total liabilities | $0 |
| Net assets or fund balances | $365,599 |