Gary And Maxine Thies Mission Foundation is located in Mapleton, IA. The organization was established in 2017. 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. Gary And Maxine Thies Mission Foundation 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, Gary And Maxine Thies Mission Foundation generated $578.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.2% each year . All expenses for the organization totaled $644.6k 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
OPERATION OF CREATION MUSEUM AND ARTIFACT DISPLAY WITHOUT ADMISSION FEES. IN A TYPICAL YEAR, THE MUSEUM WILL HOST 4,000 TO 5,000 VISITORS, INCLUDING MANY MISSIONARIES AND THEIR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Thies President | 10 | $0 | |
Rev Brad Birtell Vice President | 0.5 | $0 | |
Rev Rick Kanoy Director | 0.25 | $0 | |
Rev Benjamin Kaiser Secretary | 0.5 | $0 | |
Rev Seth Kaiser Director | 0.25 | $0 | |
James Schroeder Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $572,069 |
Interest on Savings | $352 |
Dividends & Interest | $15,500 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$9,072 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $5,153 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $578,849 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $149 |
Depreciation | $33,596 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15,649 |
Total operating and administrative expenses | $50,469 |
Contributions, gifts, grants paid | $594,146 |
Total expenses and disbursements | $644,615 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,858 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $493,941 |
Net Land, buildings, and equipment | $532,423 |
Other assets | $173,318 |
Total assets | $1,275,540 |
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 | $0 |
Total liabilities | $0 |