Iowa Museum Association
- Assets
- $179.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 12/2003
- Data as of
- 12/2023
- 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 12/2023, Iowa Museum Association generated $95.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $100.2k during the year ending 12/2023. While expenses have increased by 6.2% 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
2023
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 |
|---|---|---|---|
Patricia Labounty President | 2 | $0 | |
Tara Templeman Vice Preside | 2 | $0 | |
Emma Sundberg Secretary | 2 | $0 | |
Sandi Yoder Treasurer | 2 | $0 | |
Angela Stanford Past Preside | 2 | $0 | |
Todd Behrens Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,336 |
| Total Program Service Revenue | $28,000 |
| Membership dues | $0 |
| Investment income | $1,444 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,780 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,509 |
| Professional fees and other payments to independent contractors | $543 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $843 |
| Other expenses | $34,302 |
| Total expenses | $100,197 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,556 |
| Other assets | $0 |
| Total assets | $179,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $179,807 |