Western Museum Of Mining & Industry

Organization Overview

Western Museum Of Mining & Industry is located in Colorado Springs, CO. The organization was established in 1971. 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 12/2021, Western Museum Of Mining & Industry employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Museum Of Mining & Industry 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, Western Museum Of Mining & Industry generated $640.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $785.5k during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MUSEUM'S MISSION IS TO EDUCATE THE PUBLIC ABOUT THE HISTORY AND CONTINUING CONTRIBUTIONS OF MINING, RANCHING, AND OTHER SUPPORTING INDUSTRIES IN THE AMERICAN WEST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXHIBITION OF HISTORICAL ARTIFACTS RELATED TO MINING INDUSTRY HELPS EDUCATE THE PUBLIC ABOUT THE IMPACT OF MINING ON THE HISTORY OF THE AMERICAN WEST.


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Board, Officers & Key Employees

Name (title)Compensation
Grant Dewey
Executive Di
$72,200
Woodward Brown
President
$0
Randall Leifer
Vice Preside
$0
Steve Veatch
Secretary
$0
William Sanden
Treasurer
$0
Dianne Reitan
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$10,996
Fundraising events$0
Related organizations$0
Government grants $53,215
All other contributions, gifts, grants, and similar amounts not included above$264,800
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$329,011
Total Program Service Revenue$216,533
Investment income $468
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $67,672
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 $17,175
Miscellaneous Revenue$0
Total Revenue $640,252

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Western Museum Of Mining & Industry has recieved totaling $22,234.

Awarding OrganizationAmount
Myron Stratton Home

Colorado Springs, CO

PURPOSE: BOARD ELECTED PROACTIVE GRANT

$15,000
G M White Charitable Tr

Chicago, IL

PURPOSE: GENERAL

$3,228
Humphreys Foundation

Denver, CO

PURPOSE: EXHIBITION OF CULTURAL MINING HISTORY

$2,000
The Joseph Henry Edmondson Foundation

Colorado Springs, CO

PURPOSE: GENERAL OPERATING SUPPORT

$1,000
Spidell Foundation

Monument, CO

PURPOSE: OPERATIONAL

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$6
View Grant Recipient Profile

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