Oak Orchard Lighthouse Museum
- Assets
- $223.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albion, NY
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 84-1665747
Organization Overview
Oak Orchard Lighthouse Museum is located in Albion, NY. The organization was established in 2006. 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. Oak Orchard Lighthouse 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 12/2021, Oak Orchard Lighthouse Museum generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $8.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
LIGHTHOUSE WAS BUILT IN 2011. PROVIDE COMMUNITY WITH HISTORICALLIGHTHOUSE AND ACTIVITIES SURROUNDING IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Anderson President/trustee | 10 | $0 | |
Lawrence C Albanese Vice President/president | 5 | $0 | |
Diane Blanchard Treasurer | 5 | $0 | |
Jamie Kowalski Recording Secretary | 5 | $0 | |
Benjamin Jones Trustee | 5 | $0 | |
Neil Johnson Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,484 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,090 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$220 |
| Other Revenue | $8 |
| Total Revenue | $6,412 |
| 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 | $971 |
| Occupancy, rent, utilities, and maintenance | $1,804 |
| Printing, publications, postage, and shipping | $60 |
| Other expenses | $5,120 |
| Total expenses | $7,955 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,051 |
| Other assets | $0 |
| Total assets | $223,644 |
| Total liabilities | $10 |
| Net assets or fund balances | $223,634 |
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