Behringer-Crawford Museum Board Of Trustees is located in Covington, KY. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Behringer-Crawford Museum Board Of Trustees employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Behringer-Crawford Museum Board Of Trustees 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, Behringer-Crawford Museum Board Of Trustees generated $661.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $609.3k during the year ending 06/2023. 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
CULTURAL & HISTORIC MUSEUM IN COVINGTON, KY. THE MUSEUM IS A CENTER FOR THE COLLECTION, PRESENTATION, STUDY, AND ENJOYMENT OF THE NATURAL, CULTURAL, AND VISUAL &PERFORMING ARTS HERITAGE OF NORTHERN KENTUCKY; IN ORDER TO PRESERVE THE REGIONAL HISTORY FOR THE BENEFIT OF PRESENT AND FUTURE GENERATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CULTURAL & NATURAL MUSEUM UNDER A LEASE AGREEMENT WITH THE CITY OF COVINGTON THE MUSEUM IS A CENTER FOR THE COLLECTION, PRESENTATION, STUDY, AND ENJOYMENT OF THE NATURAL, CULTURAL, AND VISUAL AND PERMORMING ARTS HERITAGE OF NORTHERN KENTUCKY AS PART OF THE OHIO VALLEY; IN ORDER TO PERSERVE THE REGIONAL HISTORY FOR THE BENEFIT OF PRESENT & FUTURE GENERATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Spoor President | OfficerTrustee | 4 | $0 |
Peter Nerone Vice President | OfficerTrustee | 4 | $0 |
Steve Gillespie Treasurer | OfficerTrustee | 4 | $0 |
John Boh Secretary | OfficerTrustee | 4 | $0 |
Judy Becker Trustee | Trustee | 1 | $0 |
Angie Billiter Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $18,220 |
Fundraising events | $3,613 |
Related organizations | $0 |
Government grants | $221,853 |
All other contributions, gifts, grants, and similar amounts not included above | $257,632 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $501,318 |
Total Program Service Revenue | $151,575 |
Investment income | $18 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $661,940 |
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. | $63,526 |
Compensation of current officers, directors, key employees. | $9,529 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $200,820 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $32,687 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,714 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $376 |
Office expenses | $22,740 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $52 |
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 | $103,819 |
Insurance | $8,508 |
All other expenses | $120,546 |
Total functional expenses | $609,274 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $362,198 |
Savings and temporary cash investments | $0 |
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 | $6,759 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,511,542 |
Investments—publicly traded securities | $751,153 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,631,652 |
Accounts payable and accrued expenses | $13,942 |
Grants payable | $0 |
Deferred revenue | $65,385 |
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 | $79,327 |
Net assets without donor restrictions | $3,336,738 |
Net assets with donor restrictions | $215,587 |
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 | $3,631,652 |