Kennesaw Museum Foundation Inc
- Assets
- $278.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Kennesaw, GA
- Founding
- 11/1998
- Data as of
- 09/2021
- EIN
- 58-2399847
Organization Overview
Kennesaw Museum Foundation Inc is located in Kennesaw, GA. The organization was established in 1998. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Kennesaw Museum Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kennesaw Museum Foundation 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 09/2021, Kennesaw Museum Foundation Inc generated $91.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $83.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TO ENHANCE AND SUPPORT THE SOUTHERN MUSEUM OF CIVIL WAR AND LOCOMOTIVE HISTORY THROUGH ITS EXPANSION AND DEVELOPMENT OF A SUPERIOR MUSEUM PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Banz Executive Dir. | 15 | $40,603 | |
James R Lunsford Jr Treasurer | 3 | $0 | |
Toby Carmichael Trustee | 1 | $0 | |
Joe Bozeman Trustee | 1 | $0 | |
Debbie Underkoffler President | 3 | $0 | |
Jennifer Jordan-Locke Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,958 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,273 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,084 |
| Other Revenue | $0 |
| Total Revenue | $91,315 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,466 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,453 |
| Other expenses | $8,162 |
| Total expenses | $83,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,318 |
| Other assets | $0 |
| Total assets | $278,681 |
| Total liabilities | $1,543 |
| Net assets or fund balances | $277,138 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kennesaw Museum Foundation Inc has recieved totaling $8,095.
| Awarding Organization | Amount |
|---|---|
Cobb Emc Community Foundation Inc Marietta, GA PURPOSE: COMMUNITY ASSISTANCE | $7,900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Museum Of Art Foundation Inc Raleigh, NC | $80,876,506 | $13,828,837 |
Broward Performing Arts Foundation Inc Fort Lauderdale, FL | $22,267,625 | $6,295,369 |
Alabama Educational Television Foundation Authority Birmingham, AL | $11,749,441 | $5,899,982 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Marbles Kids Museum Raleigh, NC | $8,790,326 | $3,967,863 |
Udt-Seal Museum Association Inc Fort Pierce, FL | $11,703,499 | $4,225,376 |
Tampa Bay Performing Arts Center Foundation Inc Tampa, FL | $58,693,450 | $5,079,168 |
Bellingrath Gardens And Home Foundation Inc Theodore, AL | $4,998,208 | $3,680,917 |
Friends Of Nc State Museum Of Natural Sciences Raleigh, NC | $9,967,287 | $3,956,524 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |
Medal Of Honor Foundation Inc Mt Pleasant, SC | $10,060,291 | $4,482,883 |
Sarasota Performing Arts Center Foundation Inc Sarasota, FL | $17,775,293 | $3,231,495 |