Arizona Copper Art Museum
- Assets
- $1.4m
- Revenue
- $480.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Clarkdale, AZ
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-3526068
Organization Overview
Arizona Copper Art Museum is located in Clarkdale, AZ. The organization was established in 2019. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Copper Art 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 12/2021, Arizona Copper Art Museum generated $480.3k in total revenue. All expenses for the organization totaled $70.5k during the year ending 12/2021. While expenses have increased by 108.7% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARIZONA COPPER ART MUSEUM, INC. IS AN ARIZONA NOT FOR PROFIT CORPORATION DEDICATED TO PRESENTING THE STORY OF COPPER BY EDUCATING, ACQUIRING, PRESERVING AND DISPLAYING WORKS OF COPPERSMITHS FROM AROUND THE WORLD IN ONE LOCATION, WITH THE PRESCRIBED LIMITS OF 501(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drake F Meinke President | 40 | $0 | |
Melissa C Krueger Director | 5 | $0 | |
Nicole A Basham Director | 5 | $0 | |
Monica E Meinke Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $169,993 |
| Other Income | $110,304 |
| Total Revenue | $480,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,464 |
| Depreciation | $31,183 |
| Occupancy | $12,442 |
| Travel, conferences, and meetings | $2,060 |
| Printing and publications | $0 |
| Other expenses | $18,587 |
| Total operating and administrative expenses | $70,086 |
| Contributions, gifts, grants paid | $450 |
| Total expenses and disbursements | $70,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,483 |
| 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 | $50,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,094,861 |
| Other assets | $32,502 |
| Total assets | $1,401,846 |
| 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 | $671 |
| Total liabilities | $671 |
Grants Awarded
Over the last fiscal year, Arizona Copper Art Museum has awarded $450 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Clarkdale, AZ PURPOSE: MUSEUM | $250 |
TOWN OF CLARKDALE PURPOSE: HISTORICAL PRESERVATION | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Japanese American National Museum Los Angeles, CA | $64,155,556 | $8,326,332 |
Mingei International Inc San Diego, CA | $66,923,986 | $7,226,145 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
Turtle Bay Exploration Park Redding, CA | $48,250,618 | $8,223,185 |
Palm Springs Art Museum Palm Springs, CA | $40,212,131 | $11,070,079 |
300 Stewart Avenue Corporation Las Vegas, NV | $56,477,513 | $5,741,723 |
Petersen Automotive Museum Foundation Los Angeles, CA | $222,687,653 | $7,730,255 |
Neon Museum Las Vegas, NV | $8,871,637 | $6,075,872 |
Charles W Bowers Museum Corporation Santa Ana, CA | $25,485,661 | $8,275,057 |
Indian Pueblo Cultural Center Inc Albuquerque, NM | $8,961,229 | $4,518,580 |
The Leonardo Salt Lake City, UT | $1,888,403 | $4,555,150 |
Sharewell Santa Monica, CA | $15,712,554 | $3,394,744 |