Broomfield Veterans Memorial Museum
- Assets
- $329.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Broomfield, CO
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 84-1596827
Organization Overview
Broomfield Veterans Memorial Museum, operating under the name Veterans Museum Broomfield Colorado, is located in Broomfield, CO. The organization was established in 2014. According to its NTEE Classification (A50) the organization is classified as: 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. Veterans Museum Broomfield Colorado 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, Veterans Museum Broomfield Colorado generated $70.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $66.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BROOMFIELD VETERANS MEMORIAL MUSEUM WAS ESTABLISHED TO HONOR ALL MEN AND WOMEN WHO HAVE SERVED IN THE ARMED FORCES OF THE UNITED STATES OF AMERICA AND TO PRESERVE AND PERPETUATE THE MILITARY HISTORY OF OUR NATION FOR THE BENEFIT AND EDUCATION OF GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3
COLLECTION AND ARCHIVAL SERVICES TO PRESERVE DONATED ARTIFACTS FOR PUBLIC DISPLAY. THIS INCLUDES CURATOR EXPENSES
MUSEUM PROGRAMS AND PRESETATIONS TO RECOGNIZE VETERANS AND MAKE THERE EXPERIENCES (STORIES OF SERVICE) AVAILABLE TO THE PUBLIC.
PREPARATION, UPDATING AND MAINAINTENANCE OF ARTIFACT DISPLAYS/EXHIBITS WITH ASSOCIATED EXPLANATIONS FOR THE VIEWING AND EDUCATION OF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis Roman President | 15.25 | $0 | |
John Peticolas Vice President | 8.9 | $0 | |
Lloyd Moir Treasurer | 8.78 | $0 | |
Cathy Walker Secretary | 3.94 | $0 | |
Flint Whitlock Director | 11.88 | $0 | |
Sara Faris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,651 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,717 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,373 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $41,424 |
| Occupancy, rent, utilities, and maintenance | $1,170 |
| Printing, publications, postage, and shipping | $358 |
| Other expenses | $17,630 |
| Total expenses | $66,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,326 |
| Other assets | $0 |
| Total assets | $329,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,931 |