Washakie Museum
- Assets
- $8.8m
- Revenue
- $639.6k
- Investments
- $0.0
- Employees
- 14
- Location
- Worland, WY
- Founding
- 02/1986
- Data as of
- 12/2023
- EIN
- 83-0274740
Organization Overview
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 12/2023, Washakie Museum employed 14 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 12/2023, Washakie Museum generated $639.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (26.9%) each year. All expenses for the organization totaled $875.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WASHAKIE MUSEUM IS A COMMUNITY ARTS AND CULTURAL CENTER AND HISTORY MUSEUM FOR THE PRESERVATION, EDUCATION, CULTURAL ENRICHMENT, AND DEVELOPMENT OF THE BIG HORN BASIN IN WYOMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MUSEUM PROGRAMS AND ACTIVITIES FOR THE PUBLIC
DEPRECIATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marian Bender Director | Trustee | 40 | $60,000 |
Leslie Basse President | Trustee | 5 | $0 |
Janet Benson Treasurer | Trustee | 2 | $0 |
Barbara Berryman Board Member | Trustee | 1 | $0 |
Rick Dorn Board Member | Trustee | 1 | $0 |
Kathy Mercado Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $43,174 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,744 |
| All other contributions, gifts, grants, and similar amounts not included above | $343,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $417,518 |
| Total Program Service Revenue | $0 |
| Investment income | $14,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $51,531 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,669 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $639,619 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $32,377 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,017 |
| Payroll taxes | $24,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,020 |
| Office expenses | $2,047 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $6,603 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $250,724 |
| Insurance | $27,390 |
| All other expenses | $72,366 |
| Total functional expenses | $874,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $163,238 |
| Pledges and grants receivable | $0 |
| 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 | $21,067 |
| Prepaid expenses and deferred charges | $15,820 |
| Net Land, buildings, and equipment | $8,102,764 |
| Investments—publicly traded securities | $475,451 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,778,640 |
| Accounts payable and accrued expenses | $30,369 |
| Grants payable | $0 |
| Deferred revenue | $4,187 |
| 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 | $34,556 |
| Net assets without donor restrictions | $307,075 |
| Net assets with donor restrictions | $8,437,009 |
| 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 | $8,778,640 |