Washakie Museum is located in Worland, WY. The organization was established in 1986. According to its NTEE Classification (A53) the organization is classified as: Folk Arts Museums<i>(Draft Code - not for internal IRS use)</i>, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Washakie Museum employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washakie 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, Washakie Museum generated $628.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.3%) each year. All expenses for the organization totaled $846.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE COMMUNITY WITH AN INTERPRETIVE AND CULTURAL CENTER AND TO PROMOTE EDUCATIONAL AND CULTURAL EVENTS TO THE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MUSEUM PROGRAMS AND ACTIVITIES FOR THE PUBLIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marian Bender Director | Officer | 40 | $23,292 |
Leslie Basse President | OfficerTrustee | 5 | $0 |
Margaret Shaw Vice President | OfficerTrustee | 2 | $0 |
Laura Brown Treasurer | OfficerTrustee | 2 | $0 |
Steve Radabaugh Secretary | OfficerTrustee | 2 | $0 |
Barbara Berryman Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $53,235 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $430,458 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $483,693 |
Total Program Service Revenue | $0 |
Investment income | $12,093 |
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 | $7,245 |
Miscellaneous Revenue | $0 |
Total Revenue | $628,000 |
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. | $36,460 |
Compensation of current officers, directors, key employees. | $14,584 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $244,928 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $44,705 |
Payroll taxes | $24,981 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $19,294 |
Office expenses | $5,314 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,000 |
Travel | $3,266 |
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 | $250,725 |
Insurance | $27,152 |
All other expenses | $56,944 |
Total functional expenses | $846,841 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $300 |
Savings and temporary cash investments | $223,381 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,611 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $26,924 |
Net Land, buildings, and equipment | $8,604,213 |
Investments—publicly traded securities | $545,941 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,403,370 |
Accounts payable and accrued expenses | $37,792 |
Grants payable | $0 |
Deferred revenue | $23,196 |
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 | $0 |
Total liabilities | $60,988 |
Net assets without donor restrictions | $385,343 |
Net assets with donor restrictions | $8,957,039 |
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 | $9,403,370 |
Over the last fiscal year, we have identified 3 grants that Washakie Museum has recieved totaling $263,028.
Awarding Organization | Amount |
---|---|
Wyoming Community Foundation Laramie, WY PURPOSE: Arts, Culture and Humanities | $227,918 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $35,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $110 |
Organization Name | Assets | Revenue |
---|---|---|
Cable Television Laboratories Inc Louisville, CO | $47,325,607 | $76,632,755 |
Minnesota Historical Society Saint Paul, MN | $261,681,031 | $58,257,393 |
Academy Of Mathematics & Science South Inc Tucson, AZ | $124,208,680 | $62,725,140 |
Denver Center For The Performing Arts Denver, CO | $79,355,103 | $53,451,587 |
Denver Art Museum Inc Denver, CO | $201,676,348 | $57,180,332 |
Twin Cities Public Television Inc Saint Paul, MN | $69,305,987 | $37,144,506 |
Minneapolis Society Of Fine Arts Minneapolis, MN | $389,108,974 | $52,759,804 |
Kaizen Educational Foundation Phoenix, AZ | $53,687,317 | $45,601,979 |
The Colorado Museum Of Natural History Denver, CO | $33,823,512 | $55,828,700 |
Sundance Institute Park City, UT | $74,490,160 | $34,020,589 |
Oregon Public Broadcasting Portland, OR | $128,111,404 | $50,705,685 |
Borealis Philanthropy Minneapolis, MN | $93,121,969 | $83,860,189 |