Siloam Springs Museum Society
- Assets
- $65.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Siloam Spgs, AR
- Founding
- 09/1984
- Data as of
- 12/2021
- EIN
- 71-0559061
Organization Overview
Siloam Springs Museum Society is located in Siloam Spgs, AR. The organization was established in 1984. 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. Siloam Springs Museum Society 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 12/2021, Siloam Springs Museum Society generated $53.7k 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 (9.4%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) 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
PRESERVE&EXHIBITTHEHISTORYOFSILOAMSPRINGS&VICINITY&PROVIDEEDUCATIONALPROGRAMS,BOOKS,ARTICLES,HISTORICALFACEBOOKPOSTS&WEBSITEARTICLES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald S Warden Curator | 40 | $25,128 | |
Laura Klenda Board President | 0.5 | $0 | |
Alan Lamb Board Treasurer | 1 | $0 | |
Jan Mcguirk Board Secretary | 0.5 | $0 | |
Carla Wasson Legal Councel | 0.5 | $0 | |
Bob Burns Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,237 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $378 |
| Other Revenue | $0 |
| Total Revenue | $53,736 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,066 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,866 |
| Printing, publications, postage, and shipping | $85 |
| Other expenses | $9,461 |
| Total expenses | $61,478 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,443 |
| Other assets | $0 |
| Total assets | $64,953 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,953 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Lady Lex Museum On The Bay Association Corpus Christi, TX | $13,577,755 | $8,975,317 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Medal Of Honor Museum Foundation Arlington, TX | $99,959,490 | $88,628,383 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Battleship Texas Foundation Inc Houston, TX | $9,923,977 | $4,711,164 |
Tennessee Valley Railroad Museum Inc Chattanooga, TN | $14,724,108 | $5,452,372 |