Laramie Plains Museum Association Inc is located in Larmaie, WY. The organization was established in 1967. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Laramie Plains Museum Association Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laramie Plains Museum Association 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, Laramie Plains Museum Association Inc generated $415.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $404.5k 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 LARAMIE PLAINS MUSEUM IS A HISTORIC HOUSE MUSEUM COMPLEX OF THE CITY OF LARAMIE, WYOMING AND SURROUNDING AREA, WHOSE MISSION IS TO PRESERVVE, RESTORE, AUGMENT AND EXHIBIT ITS HISTORIC BUILDINGS, GROUNDS AND THE HISTORIC COLLECTIONS CONTAINED THEREIN, THEREBY INCREASING PUBLIC APPRECIATION AND EDUCATION ABOUT THE NATURE OF THE HUMAN HERITAGE OF THE AREA THROUGH TOURS, EXHIBITIONS, PUBLICATIONS AND SPECIAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LARAMIE PLAINS MUSEUM, ON THE NATIONAL REGISTER OF HISTORIC PLACES, IS SITUATED ON A FULL SQUARE BLOCK IN THE HISTORIC DISTRICT OF LARAMIE, WYOMINH, AND CONSISTS OF THE RESTORED 1892 IVINSON MANSION AND ITS CARRIAGE HOUSE, THE ALICE HARDIE STEVENS CENTER RECEPTION HALL/CURATORIAL ACCESSIONING AREA, AND THE MARSHALL ONE-ROOM SCHOOL HOUSE. THE MUSEUM ALSO OWNS AN 1883 HISTORIC STONE STABLE, CURRENTLY CONFIGURED AS A 2 UNIT COMPLEX, AND A BRICK RESIDENCE IN THE BLOCK IMMEDIATELY NORTH OF THE MUSEUM. THE MUSEUM'S EXTENSIVE COLLECTION INCLUDES PERIOD HOME FURNISHINGS, TEXTILES, ORIGINAL ARTWORK, MORE THAN 17,000 LOCAL PHOTOGRAPHS, AND OVER 32,000 ARTIFACTS AND ITEMS OF HISTORIC VALUE TO THE AREA. CLOSE TO 7,100 PEOPLE FROM THROUGHOUT THE NATION AND 40 COUNTRIES VISIT AND LEARN FROM THE MUSEUM COLLECTIONS ANNUALLY, INCLUDING MORE THAN 790 STUDENTS FROM THE LARAMIE AREA AND AROUND THE STATE AND REGION VIA EDUCATIONAL TOURS AND YOUTH VOLUNTEER PROGRAMS. ANNUALLY, NEARLY 29,000 PEOPLE EXPERIENCE THE HISTORIC PROPERTY THROGH TOURS, USE OF RENTAL FACILITIES AND SPECIAL EVENTS HELD ON THE MUSEUM GROUNDS. AS AN EDUCATIONAL FACILITY, LPM SERVES A WIDE VARIETY OF POPULATIONS OF ALL AGES, INCLUDING LOW TO MODERATE INCOME, OFFERING NO-COST TOURS TO STUDENT AND SPECIAL NEEDS VISITORS, AND DISCOUNTED TOURS OF THE MUSEUM SO THAT ALL MAY ENJOY AND LEARN THE HISTORY IT CONTAINS.
THE LARAMIE PLAINS MUSEUM HOLDS A SIGNIFICANT YOUTH DEVELOPMENT PROGRAM EVERY SUMMER, ENGAGING 20 TO 40 STUDENTS AGES 12 TO 15, IN ITS INNOVATIVE JUNIOR DOCENT PROGRAM. THE PROGRAM IS AN EDUCATIONAL, CONFIDENCE BOOSTING ENDEAVOR FOR JUNIOR HIGH-AGED STUDENTS AS THEY ARE TAUGHT TO SPEAK WELL ABOUT THE HISTORY OF OUR AREA, TO RESPOND PROFESSIONALLY IN A WORK ENVIRONMENT, AND TO INTERACT CONFIDENTLY WITH THE PUBLIC AS TOUR GUIDES FOR LARAMIE PLAINS MUSEUM'S HISTORIC HOUSE MUSEUM/CARRIAGE HOUSE AND THE ONE- ROOM SCHOOL HOUSE. VICTORIAN TEAS, EVENING AT THE IVINSONS, AND THE SPECIAL HOLIDAY OPEN HOUSE ARE ALSO COMMUNITY ATTRACTIONS THAT ARE HELD AT THE MUSEUM EACH YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Bard Director | Trustee | 1 | $0 |
Greg Bauman Director | Trustee | 1 | $0 |
Brie Blasi Secretary | OfficerTrustee | 2 | $0 |
Tanner Evans Director | Trustee | 1 | $0 |
Bernie Horst Director | Trustee | 1 | $0 |
Karen Lange Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $108,998 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $108,998 |
Total Program Service Revenue | $35,797 |
Investment income | $88,619 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $136,764 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $22,801 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $22,409 |
Miscellaneous Revenue | $0 |
Total Revenue | $415,388 |
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. | $47,312 |
Compensation of current officers, directors, key employees. | $14,194 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $113,977 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,091 |
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 | $12,255 |
Fees for services: Other | $1,566 |
Advertising and promotion | $5,746 |
Office expenses | $40,355 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $43,119 |
Travel | $0 |
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 | $82,113 |
Insurance | $19,940 |
All other expenses | $8,912 |
Total functional expenses | $404,545 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $419,269 |
Savings and temporary cash investments | $110,470 |
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 | $23,213 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,736,756 |
Investments—publicly traded securities | $1,444,060 |
Investments—other securities | $248,461 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,982,229 |
Accounts payable and accrued expenses | $3,992 |
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 | $27,282 |
Total liabilities | $31,274 |
Net assets without donor restrictions | $2,138,898 |
Net assets with donor restrictions | $2,812,057 |
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 | $4,982,229 |