Steilacoom Historical Museum Assn Inc is located in Steilacoom, WA. The organization was established in 1974. According to its NTEE Classification (A54) the organization is classified as: History 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. Steilacoom Historical Museum Assn 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 12/2023, Steilacoom Historical Museum Assn Inc generated $120.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2023. 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
TO SERVE THE PUBLIC BY PRESERVING LOCAL CULTURE AND HISTORIC ARTIFACTS, ENABLING PRESENT AND FUTURE GENERATIONS TO LEARN ABOUT AND MAINTAIN THE HERITAGE OF THE TOWN OF STEILACOOM. MAIN ACTIVITIES ARE ADMINISTERING THE MUSEUM, MAINTAINING THREE HISTORIC BUILDINGS, AND CONDUCTING EDUCATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATIONS: THE ASSOCIATION OWNS AND MANAGES THE STEILACOOM HISTORICAL MUSEUM AND THREE HISTORICAL BUILDINGS. THE FACILITIES ARE STAFFED BY VOLUNTEERS AND DOCENTS. THE MUSEUM IS ALSO USED AS A CLASSROOM AND OFFICE FOR THE ASSOCIATION. DONATIONS ARE ACCEPTED AT EACH FACILITY. THE COST OF UTILITIES, REPAIRS, ETC., ARE CONSOLIDATED SO EXPENSES ARE ESTIMATES. THE MUSEUM STORE/GIFT SHOP LOST $2,463 DURING 2023, PRIMARILY DUE TO PURCHASING LARGE AMOUNTS OF SPECIAL ORDER ITEMS, SUCH AS LOGO CLOTHES AND CHRISTMAS ORNAMENTS WITH LOCAL LANDMARKS.
EDUCATION: SHMA DOCENTS AND VOLUNTEERS SET UP EXHIBITS AND INFORMATIONAL MATERIALS IN THE MUSEUM AND THE HISTORIC BUILDINGS. THE CURATOR ACCESSIONS AND MAINTAINS HISTORIC PAPERS AND ARTIFACTS WHICH ARE AVAILABLE FOR RESEARCH AND PERIODICALLY PUT ON DISPLAY. PRESENTATIONS ON VARIOUS TOPICS ARE GIVEN PERIODICALLY BY HISTORIANS. OTHER ACTIVITIES ARE ARRANGED WITH 4TH GRADE TEACHERS AS PART OF THEIR CURRICULUM AND A SEPARATE KIDS CLUB IS CONDUCTED FOR GRADE SCHOOLERS.
HISTORICAL COLLECTIONS: THE ASSOCIATION MAINTAINS COLLECTIONS OF PIONEER CLOTHING, TOOLS, FURNITURE, PHOTOGRAPHS, STORE RECORDS, ETC. THAT REPRESENT LIFE IN THE STEILACOOM AREA OVER THE LAST 175 YEARS. THESE ITEMS ARE EITHER ON DISPLAY OR KEPT IN A LOCKED CLIMATE-CONTROLLED AREA OF THE HISTORIC ORR HOME. MANY OF THE ITEMS WERE DONATED TO THE ASSOCIATION. SOME OF PARTICULAR IMPORTANCE TO THE COMMUNITY ARE PURCHASED WHEN THEY ARE PUT UP FOR SALE. THE END RESULT IS A VAST AND VARYING SOURCE OF HISTORIC EXAMPLES THAT ARE SEEN BY VISITORS, ESPECIALLY SCHOOL STUDENTS, AND MADE AVAILABLE TO RESEARCHERS, IN ACCORDANCE WITH THE ASSOCIATION'S MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marianne Bull Curator | 20 | $17,289 | |
Rachel Fantz-Hancock Trustee | Trustee | 4 | $0 |
Carolyn Guppy Trustee | Trustee | 4 | $0 |
Jan Mccrimmon Trustee | Trustee | 4 | $0 |
Suzanne Broach Trustee | Trustee | 4 | $0 |
Barbara Kurtz Trustee | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $9,324 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $77,673 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,997 |
Total Program Service Revenue | $0 |
Investment income | $27,853 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$15,181 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $24,426 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$3,463 |
Miscellaneous Revenue | $0 |
Total Revenue | $120,632 |
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 | $15,804 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,442 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,017 |
Advertising and promotion | $0 |
Office expenses | $5,437 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $24,719 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,199 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $44,874 |
Insurance | $10,411 |
All other expenses | $0 |
Total functional expenses | $117,993 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $184,664 |
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 | $22,389 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $694,763 |
Investments—publicly traded securities | $236,907 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,138,723 |
Accounts payable and accrued expenses | $17,155 |
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 | $40,547 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $57,702 |
Net assets without donor restrictions | $1,019,638 |
Net assets with donor restrictions | $61,383 |
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 | $1,138,723 |