Arthur Roy Mitchell Memorial Inc is located in Trinidad, CO. The organization was established in 1980. According to its NTEE Classification (A51) the organization is classified as: Art 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. Arthur Roy Mitchell Memorial 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 09/2022, Arthur Roy Mitchell Memorial Inc generated $149.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $150.4k during the year ending 09/2022. While expenses have increased by 8.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPING THE GENERAL PUBLIC TO APPRECIATE ART, PROVIDE ART RELATED EDUCATION AND PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allyson Sheumaker Executive Director | OfficerTrustee | 40 | $69,330 |
Carol Holler Treasurer | OfficerTrustee | 1 | $0 |
Juan Delarocha President | OfficerTrustee | 1 | $0 |
Karen Roehl Secretary | OfficerTrustee | 1 | $0 |
John Mccaskill Director | Trustee | 1 | $0 |
Paloma Nishenko Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $32,921 |
Related organizations | $0 |
Government grants | $42,000 |
All other contributions, gifts, grants, and similar amounts not included above | $22,534 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $97,455 |
Total Program Service Revenue | $997 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $11,486 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $11,726 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $27,862 |
Miscellaneous Revenue | $0 |
Total Revenue | $149,526 |
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. | $69,330 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,809 |
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 | $0 |
Fees for services: Other | $500 |
Advertising and promotion | $2,049 |
Office expenses | $9,519 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $16,640 |
Travel | $2,086 |
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 | $21,279 |
Insurance | $15,921 |
All other expenses | $0 |
Total functional expenses | $150,393 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,206 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $90 |
Net Land, buildings, and equipment | $382,550 |
Investments—publicly traded securities | $98,908 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,153,935 |
Total assets | $1,675,689 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $422,846 |
Net assets with donor restrictions | $1,252,843 |
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 | $1,675,689 |
Over the last fiscal year, we have identified 1 grants that Arthur Roy Mitchell Memorial Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Denver Art Museum Inc Denver, CO | $201,676,348 | $57,180,332 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Aspen Art Museum Aspen, CO | $45,036,257 | $9,544,522 |
Philbrook Museum Of Art Inc Tulsa, OK | $69,878,004 | $10,854,241 |
Georgia Okeeffe Museum Santa Fe, NM | $164,315,725 | $8,795,076 |
Joslyn Art Museum Omaha, NE | $43,999,594 | $13,873,900 |
Oklahoma City Museum Of Art Oklahoma City, OK | $47,340,772 | $7,968,737 |
Mca Denver Denver, CO | $23,563,221 | $5,372,838 |
Clyfford Still Museum Denver, CO | $20,985,352 | $4,386,446 |
Tucson Museum Of Art Tucson, AZ | $11,220,910 | $5,263,730 |
New Museum At The Bradford Brinton Ranch Big Horn, WY | $21,761,530 | $2,659,139 |
Site Santa Fe Santa Fe, NM | $20,776,808 | $1,925,368 |