The Columbus Museum Inc
- Assets
- $52.8m
- Revenue
- $14.3m
- Investments
- $0.0
- Employees
- 34
- Location
- Columbus, GA
- Founding
- 11/1954
- Data as of
- 06/2022
- EIN
- 58-6042894
Organization Overview
The Columbus Museum Inc is located in Columbus, GA. The organization was established in 1954. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Columbus Museum Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus 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 06/2022, Columbus Museum Inc generated $14.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 5.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COLUMBUS MUSEUM BRINGS AMERICAN ART AND HISTORY TO LIFE FOR THE COMMUNITIES OF THE CHATTAHOOCHEE VALLEY.
Describe the Organization's Program Activity:
THE MUSEUM EXHIBITS AMERICAN ART AND REGIONAL HISTORY, CONDUCTS WORKSHOPS, LECTURES, AND RECEPTIONS. THE MUSEUM PROVIDES OPPORTUNITIES FOR ART EDUCATION FOR THE LOCAL SCHOOL SYSTEM, AND GENERALLY CONTRIBUTES TO THE EXPOSURE AND EDUCATION OF THE CITIZENS TO AMERICAN ART AND REGIONAL HISTORY. ADMISSION IS FREE AND THE POTENTIAL TWO STATE AUDIENCE FOR THE MUSEUM IS IN EXCESS OF 200,000 PEOPLE. DURING THE 2021-2022 FISCAL YEAR THE MUSEUM SERVED 11,903 PEOPLE THROUGH EDUCATIONAL PROGRAMS AND EVENTS INCLUDING 43 CLASSES, 97 TOURS, 16 PUBLIC FESTIVALS AND LECTURES, AND 2 SUMMER CAMPS. THE MUSEUM ALSO PARTNERED WITH 7 COMMUNITY ORGANIZATIONS AND 14 SCHOOLS TO OFFER OFFSITE PROGRAMMING AT THEIR LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Beck Deputy Director, Operation | Officer | 40 | $118,276 |
Marianne Richter Executive Director/recordi | OfficerTrustee | 40 | $62,504 |
Carolynn Obleton Immediate Past President | OfficerTrustee | 4 | $0 |
Steve Sharp President | OfficerTrustee | 8 | $0 |
Melanie Slaton Director | OfficerTrustee | 4 | $0 |
Chris Henson Vice President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perkins & Will Inc Architect Services | 6/29/22 | $1,354,281 |
The Design Minds Inc Architect Services | 6/29/22 | $105,000 |
Local Projects Llc Architect Services | 6/29/22 | $731,345 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $233,867 |
| Fundraising events | $69,124 |
| Related organizations | $1,074,092 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,115,937 |
| Noncash contributions included in lines 1a–1f | $2,996,275 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,493,020 |
| Total Program Service Revenue | $55,603 |
| Investment income | $6,261 |
| Tax Exempt Bond Proceeds | $820,355 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,952,260 |
| Net Income from Fundraising Events | -$7,449 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,624 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,324,674 |
| 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. | $187,998 |
| Compensation of current officers, directors, key employees. | $75,199 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,337,607 |
| Pension plan accruals and contributions | $126,570 |
| Other employee benefits | $184,247 |
| Payroll taxes | $119,054 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $72,185 |
| Fees for services: Investment Management | $190,396 |
| Fees for services: Other | $0 |
| Advertising and promotion | $49,747 |
| Office expenses | $41,064 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $306,795 |
| Travel | $22,602 |
| 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 | $19,648 |
| Insurance | $34,728 |
| All other expenses | $49,899 |
| Total functional expenses | $3,598,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,450 |
| Savings and temporary cash investments | $7,079,994 |
| Pledges and grants receivable | $4,089,502 |
| Accounts receivable, net | $3,389 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,574 |
| Prepaid expenses and deferred charges | $12,593 |
| Net Land, buildings, and equipment | $3,352,567 |
| Investments—publicly traded securities | $37,405,177 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $506,091 |
| Total assets | $52,804,337 |
| Accounts payable and accrued expenses | $88,915 |
| 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 | $88,915 |
| Net assets without donor restrictions | $14,427,814 |
| Net assets with donor restrictions | $38,287,608 |
| 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 | $52,804,337 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Columbus Museum Inc has recieved totaling $6,350.
| Awarding Organization | Amount |
|---|---|
Richard And Helen Robbins Familyfoundation Inc Columbus, GA PURPOSE: TO PROVIDE FUNDS TO ORGANIZATION | $5,100 |
Ashok And Mary Kumar Foundation Inc Columbus, GA PURPOSE: GENERAL FUND | $1,000 |
Goldsmith Foundation Inc Columbus, GA PURPOSE: GENERAL | $250 |
Endowment Analysis
| Beg. Balance | $48,513,953 |
| Earnings | -$5,853,360 |
| Net Contributions | $7,839,134 |
| Other Expense | $2,505,899 |
| Ending Balance | $47,993,828 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jorge M Perez Art Museum Of Miami Dade County Inc Miami, FL | $170,476,765 | $20,155,933 |
Norton Museum Of Art Inc West Palm Beach, FL | $222,458,211 | $26,618,274 |
Cheekwood Botanical Garden And Museum Of Art Nashville, TN | $58,316,106 | $17,726,545 |
Salvador Dali Museum Inc St Petersburg, FL | $91,811,213 | $16,504,517 |
Mint Museum Of Art Inc Charlotte, NC | $80,854,701 | $6,923,462 |
Institute Of Contemporary Art Miami Inc Miami, FL | $55,226,437 | $8,674,913 |
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Telfair Museum Of Art Inc Savannah, GA | $65,681,011 | $7,397,922 |
Deette Holden Cummer Museum Foundation Inc Jacksonville, FL | $55,301,594 | $7,203,933 |
James Museum Of Western Art St Petersburg, FL | $84,650,622 | $18,663,033 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
Boca Raton Museum Of Art Inc Boca Raton, FL | $21,164,716 | $6,166,794 |