Iowa Museum Association
- Assets
- $172.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 12/2003
- Data as of
- 12/2022
- EIN
- 74-3057024
Organization Overview
Iowa Museum Association is located in Cedar Falls, IA. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Museum Association 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 12/2022, Iowa Museum Association generated $121.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $91.9k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED TRAINING AND DEVELOPMENT TO IOWA MUSEUM PROFESSIONALS AND VOLUNTEERS, ADVOCATED FOR SUPPORT OF MEMBER MUSEUMS, AND WORKED TOWARD BUILDING A STRONGER COMMUNITY OF MUSEUMS IN IOWA THROUGH MEMBERSHIPS AND PROMOTIONAL MATERIALS PROVIDED TO THE COMMUNITIES SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Heidi Lung President | 2 | $1,000 | |
Angela Stanford Vice Preside | 2 | $1,000 | |
Casie Vance Secretary | 2 | $1,000 | |
Jess Cruz Director | 2 | $200 | |
Sandi Yoder Treasurer | 2 | $0 | |
Eric Anderson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,175 |
| Total Program Service Revenue | $18,838 |
| Membership dues | $0 |
| Investment income | $1,936 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,949 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,857 |
| Professional fees and other payments to independent contractors | $723 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,392 |
| Other expenses | $22,156 |
| Total expenses | $91,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,839 |
| Other assets | $0 |
| Total assets | $172,913 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,913 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Iowa Museum Association has recieved totaling $16.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
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|---|---|---|
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |
Peoria Charter School Initiative Co Peoria, IL | $5,778,002 | $7,687,144 |
Cns International Ministries Inc Bethel, MO | $18,863,964 | $6,038,250 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
Omaha Early Learning Centers Inc Omaha, NE | $0 | $8,526,168 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
American Academy Of Art Inc Chicago, IL | $17,980,705 | $6,234,752 |