Silver City Museum Society Corporation
- Assets
- $1.1m
- Revenue
- $169.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver City, NM
- Founding
- 11/1985
- Data as of
- 06/2023
- EIN
- 85-0333709
Organization Overview
Silver City Museum Society Corporation is located in Silver City, NM. The organization was established in 1985. 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. Silver City Museum Society Corporation 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 06/2023, Silver City Museum Society Corporation generated $169.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $184.9k during the year ending 06/2023. While expenses have increased by 4.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE SILVER CITY MUSEUM SOCIETY CORPORATION (THE SOCIETY) IS TO SUPPORT THROUGH FUNDRAISING AND OTHER ACTIVITIES THE MISSION OF THE SILVER CITY MUSEUM (THE MUSEUM), A MUNICIPALLY OWNED AND ESTABLISHED MUSEUM AS NOW OR HEREINAFTER CONSTITUTED OR NAMED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SUPPORT: THE SILVER CITY MUSEUM SOCIETY FUNDING TO THE MUSEUM SUPPORTS EDUCATIONAL PROGRAMS. PROGRAMS INCLUDE OUTREACH AND PARTNERSHIP ACTIVITIES WITH THE SILVER CONSOLIDATED SCHOOL DISTRICT THAT INCLUDE CURRICULUM-ALIGNED WORKSHOPS AND IMMERSIVE EXPERIENCES FOCUSED ON LOCAL HISTORY AND CULTURE. YOUTH AND FAMILY LEARNING ACTIVITIES ARE INTEGRATED INTO THE MUSEUM'S SEASONAL EVENTS INCLUDING DIA DE LOS MUERTOS, JULY ICE CREAM SOCIAL AND VICTORIAN CHRISTMAS AND MORE. THE SOCIETY FUNDED DEVELOPMENT AND IMPLEMENTATION OF A SELF-LED EDUCATIONAL MUSEUM EXPLORATORY ACTIVITY FOR YOUTH AND FAMILY AS WELL AS MONTHLY COMMUNITY CONVERSATION PUBLIC SEMINARS FEATURING A VARIETY OF SPEAKERS EACH COVERING A TOPIC CONNECTING THE REGION'S PAST TO PRESENT.
EXHIBIT SUPPORT: SILVER CITY MUSEUM SOCIETY FUNDING TO THE MUSEUM DELIVERS VISITORS STATE-OF-THE-ART EXHIBITS. SOCIETY DISCRETIONARY EXHIBIT SUPPORT FOR FY2022-2023 SUPPORTED PLANNING AND IMPLEMENTATION OF SEVERAL IMPORTANT EXHIBITS INCLUDING: NUESTRA VOZ-THE CHIHUAHUA HILL STORY-A VISUAL, DIGITAL AND ACOUSTIC TOUR OF THIS HISTORIC SILVER CITY MEXICAN AMERICAN NEIGHBORHOOD; THE ARTURO FLORES STORY WITCH DETAILED THE LEGACY OF THIS EARLY UNION LEADER, HIS ROLE IN THE EMPIRE ZINC MINE STRIKE AND HIS COLLECTION OF PHOTOGRAPHY AND ARTWORK OFFERING A GLIMPSE BACK ON NEW MEXICAN LABOR HISTORY; AND, THE ARTE CHICANO EXHIBIT, FEATURING INDIGENOUS ARTWORK FROM REGIONAL ARTISTS. SOCIETY FUNDING SUPPORTED EXHIBIT ATTENDANCE AND UNDERSTANDING THROUGH GALLERY GUIDES, POSTERS, POST CARDS AND EXHIBIT OPENING EVENTS.
MEMBERSHIP: THE SILVER CITY MUSEUM SOCIETY'S MEMBERSHIP PROGRAM-WHICH HAS GROWN TO MORE THAN 350 ACTIVE MEMBERS-OFFERS MUSEUM ENTHUSIASTS WITH OUTREACH AND INVOLVEMENT OPPORTUNITIES AND PROVIDES FINANCIAL SUPPORT FOR VIP EXHIBITS OPENINGS AND THE CREATION AND PUBLISHING OF THE MANSARDIAN-A QUARTERLY SOCIETY MEMBER NEWSLETTER HIGHLIGHTING MUSEUM NEWS AND EVENTS. ADDITIONAL SOCIETY FUNDED MEMBERSHIP AMENITIES INCLUDE MEMBER MAILINGS, THE SILVERCITYMUSEUMSOCIETY.ORG WEBSITE-DEDICATED TO DELIVERING MEMBERS WITH ONLINE NEWS OF UPCOMING EVENTS AND EXHIBITS, AND THE SILVER CITY MUSEUM STORE WHICH IS OPEN TO SOCIETY MEMBERS AND VISITORS AND IS A POPULAR VENUE OFFERING UNIQUE GIFTS AND BOOKS WHICH REFLECT THE REGION'S HISTORY AND CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgianna Duarte President | OfficerTrustee | 5 | $0 |
Patsy Madrid Vice President | OfficerTrustee | 5 | $0 |
Rick Johnson Secretary | OfficerTrustee | 5 | $0 |
Susan S Hinojosa Treasurer | OfficerTrustee | 10 | $0 |
Stephen Fox Trustee | Trustee | 2 | $0 |
Doug Dinwiddie Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,201 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,425 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,042 |
| Total Program Service Revenue | $0 |
| Investment income | $17,930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,924 |
| Net Income from Gaming Activities | $9,861 |
| Net Income from Sales of Inventory | $54,121 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $169,878 |
| 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. | $0 |
| 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 | $0 |
| Fees for services: Management | $117,953 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $700 |
| Advertising and promotion | $13,693 |
| Office expenses | $6,700 |
| Information technology | $10,755 |
| Royalties | $119 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $823 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $514 |
| All other expenses | $5,485 |
| Total functional expenses | $184,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,061 |
| Savings and temporary cash investments | $135,660 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,744 |
| Prepaid expenses and deferred charges | $1,213 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $902,574 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,085,252 |
| Accounts payable and accrued expenses | $10,770 |
| Grants payable | $0 |
| Deferred revenue | $210 |
| 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 | $10,980 |
| Net assets without donor restrictions | $977,871 |
| Net assets with donor restrictions | $96,401 |
| 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 | $1,085,252 |