Museum Of Idaho Inc is located in Idaho Falls, ID. The organization was established in 1981. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Museum Of Idaho Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Idaho Inc 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, Museum Of Idaho Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM OF IDAHO SEEKS TO INSPIRE WONDER AND DISCOVERY ABOUT IDAHO AND OUR WORLD THROUGH SCIENCE AND THE HUMANITIES. MOI IS FULLY DEPENDENT ON DONATIONS, GRANTS TICKET SALES, AND STORE REVENUE TO FUND THIS MISSION, KEY TO WHICH IS ENSURING ITS EDUCATION OFFERINGS ARE AS ACCESSIBLE AS POSSIBLE TO UNDERSTAND POPULATIONS IN EAST IDAHO AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM SERVED 80-100 THOUSAND VISITORS DURING THE YEAR THROUGH ITS EXHIBITIONS, INCLUDING ITS INTERACTIVE IDAHO EXHIBIT AND WORLD CLASS TRAVELING EXHIBITS, WHICH FREQUENTLY MAKE IDAHO FALLS THE NATIONS SMALLEST CITY TO OFFER SUCH EXPERIENCES, AND OPEN A WORLD FOR RESIDENTS OF THIS SOMETIMES ISOLATED REGION. MOI HAS UNDERTAKEN SIGNIFICANT MEASURES TO INCREASE ACCESS TO HIGH QUALITY INFORMAL EDUCATION OPPURTUNITIES AT LITTLE TO NO COST FOR RESIDENTS. GENERAL ADMISSION IS ALREADY LOW COMPARED TO THE MAJORITY OF MUSEUM THAT HOST MAJOR TRAVELING EXHIBITS AND ADMISSSION IS HIGHLY DISCOUNTED FURTHER FOR A NUMBER OF GROUPS. IDAHOANS RECEIVE 2 OFF ADMISSION, AND HOUSEHOLDS COVERED BY IDAHO'S SUPPLEMENTAL NUTRITION ASSISSTANCE PROGRAM RECEIVE ADMISSION ANYTIME FOR ONLY 1 PER PERSON. FURTHERMORE, MOI OFFERS FREE MEMBERSHIPS FOR STUDENTS AT A LOCAL COMMUNITY COLLEGE AND HALF-PRICE MEMBERSHIPS FOR LOW-INCOME FAMILIES. MOI OFFERS A DEEPLY DISCOUNTED ADMISSION RATE FOR SCHOOL FIELD TRIPS AND SUBSIDIZES BUSING FOR STUDENTS COMING FROM RURAL AND UNDERSERVED AREAS.
NOT AVAILABLE
THE MUSEUM OFFERS A STEADY STREAM OF HIGH QUALITY EDUCATIONAL PROGRAMS LED BY DYNAMIC AND EXPERIENCED EDUCATORS, AND INCLUDING DATE NIGHTS, WALKING TOURS, LECTURES AND HANDS ON ACTIVITIES, TO THOUSANDS OF PEOPLE PER YEAR. THE VAST MAJORITY OF MOI PROGRAMMING IS OFFERED AT NO OR LOW COST TO PARTICIPANTS. MONTHLY PROGRAMS LITTLE LEARNERS AND DISCOVERY DAY, AS WELL AS ANNUAL EVENTS SUCH AS STEM DAY AT THE MUSEUM ARE OFFERED AT NO COST. SCHOLARSHIPS ALLOW DOZENS OF STUDENTS FROM UNDERSERVED POPULATIONS TO ATTEND SUMMER DAY CAMPS AND NIGHTS AT THE MUSUEM, A SEMI-ANNUAL SLEEPOVER EVENT FOR GRADES 3-6, FOR ONLY 5-10 PER STUDENT. FOR ADULTS, THE TWICE MONTHLY MUSEUM CLUB LECTURE SERIES IS OFFERED AT 5 EACH FOR PUBLIC AND AT NO COST FOR MOI MEMBERS. THE MUSEUM ALSO OFFERS-SHARP DISCOUNTS TO ITS EDUCATOR SUMMER CAMPS FOR TEACHERS WHO WORK IN TITLE I SCHOOLS. MOI OFFERS SPECIAL SPANISH LANGUAGE DAYS WITH DISCOUNTED ADMISSION AND IS CURRENTLY TRANSLATINGITS EXHIBIT MATERIAL INTO SPANISH AND WORKING WITH LOCAL SPANISH LANGUAGE GROUPS TO DETERMINE THE PREFERRED METHOD OF DELIVERY. THE MUSEUM OF IDAHO WORKS WITH LOCAL FAMILIES AND AGENCES AND HAS DESIGNED NUMEROUS PROGRAMS TAILORED TO LEARNERS WITH DIFFERING PHYSICAL, INTELLECTUAL AND SENSORY NEEDS. THE MUSEUM ALSO ORGANIZES PUBLIC TOURS AND CONSERVATION OF A NEARBY ARCHAEOLOGICAL SITE AND IS DEVELOPING A CULTURAL TRAVEL PROGRAM.
MUSEUM STAFF AND VOLUNTEERS CARE FOR MORE THAN 100,000 DOCUMENTS, PHOTOGRAPHS, OBJECTS AND SPECIMEN RELEVANT TO IDAHO'S HERITAGE, AND MAKE THOSE ITEMS AND STORIES AVAILABLE TO RESEARCHERS. THE MUSEUM ALSO CARES FOR A SIGNIFICANT NEARBY ARCHAEOLOGICAL SITE AND THE 80,000+ ARTIFACTS THAT HAVE COME OUT OF IT, AND FACILITIES ACADEMIC RESEARCH ON THE COLLECTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jacqueline Blair Trustee | Trustee | $0 | |
Andrew Boczar Trustee | Trustee | $0 | |
Joseph Giebel Chair | Trustee | $0 | |
Tanner Gleave Trustee | Trustee | $0 | |
Ryan Kirkham Trustee | Trustee | $0 | |
James Lively Treasurer | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $89,565 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $569,339 |
All other contributions, gifts, grants, and similar amounts not included above | $254,357 |
Noncash contributions included in lines 1a–1f | $111,827 |
Total Revenue from Contributions, Gifts, Grants & Similar | $913,261 |
Total Program Service Revenue | $0 |
Investment income | -$259,572 |
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 | $1,577,164 |
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 | $1,022,057 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $21,438 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $18,852 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $6,066 |
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 | $250,994 |
Insurance | $96,878 |
All other expenses | $216,605 |
Total functional expenses | $2,313,718 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $229,760 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $10,366 |
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 | $17,631 |
Prepaid expenses and deferred charges | $440,143 |
Net Land, buildings, and equipment | $7,218,293 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $1,484,903 |
Intangible assets | $26,850 |
Other assets | $0 |
Total assets | $9,427,946 |
Accounts payable and accrued expenses | $146,706 |
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 | $409,220 |
Total liabilities | $555,926 |
Net assets without donor restrictions | $7,549,419 |
Net assets with donor restrictions | $1,322,601 |
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 | $9,427,946 |