Cussler Museum is located in Arvada, CO. The organization was established in 2008. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cussler Museum 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, Cussler Museum generated $33.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $247.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM IS OPERATED AND AVAILABLE TO THE GENERAL PUBLIC TO DISPLAY VINTAGE AUTOMOBILES AND FIREARMS THAT REFLECT INDUSTRIALIZATION AT THE TURN OF THE CENTURY AND TO FOSTER A BETTER UNDERSTANDING OF THE HISTORY AND DEVELOPMENT OF THESE ARTIFACTS AND PEOPLE ASSOCIATED WITH THEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teri Toft President | 0 | $50,000 | |
Dirk Cussler Treasurer | 0 | $0 | |
Dayna Cussler Secretary | 0 | $0 | |
Jason Toft Director | 0 | $0 | |
Amie Knutson Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $5 |
Dividends & Interest | $0 |
Net Rental Income | $3,051 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $35 |
Other Income | $30,304 |
Total Revenue | $33,644 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $50,000 |
Other employee salaries and wages | $57,585 |
Pension plans, employee benefits | $12,239 |
Interest | $36 |
Taxes | $36,741 |
Depreciation | $3,236 |
Occupancy | $17,929 |
Travel, conferences, and meetings | $863 |
Printing and publications | $0 |
Other expenses | $63,223 |
Total operating and administrative expenses | $247,550 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $247,550 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $707,739 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $14,825 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $28,286 |
Other assets | $5,994,477 |
Total assets | $6,745,327 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $1,055 |
Total liabilities | $1,055 |