Jack Nicklaus Museum Inc
- Assets
- $27.1m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 06/1991
- Data as of
- 12/2022
- EIN
- 65-0220781
Organization Overview
Jack Nicklaus Museum Inc is located in Columbus, OH. The organization was established in 1991. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jack Nicklaus 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE MUSEUM IS TO SUPPORT THE EDUCATIONAL ACTIVITIES OF OHIO STATE UNIVERSITY (OSU), AND IN PARTICULAR TO PROVIDE FACILITIES FOR OSU TO DISPLAY GOLF-RELATED AND OTHER MEMORABILIA OF JACK W. NICKLAUS, AN OSU ALUMNUS, TO MEMBERS OF THE GENERAL PUBLIC, TOGETHER WITH SUCH RELATED INTERPRETIVE, HISTORICAL, AND EDUCATIONAL MATERIALS AS MAY FURTHER THE KNOWLEDGE AND UNDERSTANDING OF THE PUBLIC ABOUT THE LIFE AND CAREER OF JACK W. NICKLAUS AND THE HISTORY OF GOLF IN GENERAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JACK NICKLAUS MUSEUM OPENED TO THE PUBLIC ON MAY 21, 2002. THE MUSEUM SUPPORTS THE MISSION OF OHIO STATE UNIVERSITY (OSU) BY PROVIDING FACILITIES THROUGH WHICH OSU IS ABLE TO CONDUCT THE FOLLOWING ACTIVITIES: - EDUCATIONAL FACILITIES- PROVIDES EMPLOYMENT- UNIVERITY MEETINGS- STUDENT EVENTS- ALUMNI AND FACULTY ACTIVITIES- PROVIDES DISPLAY SPACE TO THE GOLF PROGRAM AND TURF MANAGEMENT PROGRAMTHE MUSEUM PROVIDES CONTINUOUS DISPLAY SPACE TO BOTH THE UNIVERSITY'S COLLEGIATE GOLF AND THE UNIVERSITY'S TURF MANAGEMENT PROGRAMS. THE MUSEUM PROMOTES THE UNIVERSITY'S TURF MANAGEMENT PROGRAM BY EDUACATING THE STUDENTS AND PUBLIC ABOUT THE PROGRAM AND TURF MANAGEMENT CAREER OPPORTUNITIES. THE MUSUEM PROMOTES THE UNIVERSITY'S COLLEGIATE GOLF PROGRAMS BY EDUCATING STUDENTS AND THE PUBLIC ABOUT THE GAME OF GOLF AND THE HISTORY OF THE UNIVERSITY'S COLLEGIATE GOLF PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack W Nicklaus II Director | Trustee | 1 | $0 |
Barbara B Nicklaus Director | Trustee | 1 | $0 |
John W Kessler Director | Trustee | 1 | $0 |
Nicholas Larocca President | Officer | 2 | $0 |
Daniel M Maher Secretary | Officer | 1 | $0 |
David P Lauer Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,529 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $170,399 |
| Insurance | $23,101 |
| All other expenses | $0 |
| Total functional expenses | $201,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,830 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $21,940 |
| Net Land, buildings, and equipment | $3,239,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,872,468 |
| Total assets | $27,144,206 |
| 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 | $20,573 |
| Total liabilities | $20,573 |
| Net assets without donor restrictions | $27,123,633 |
| 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 | $27,144,206 |