Sheldon Museum And Cultural Center Inc
- Assets
- $557.2k
- Revenue
- $301.5k
- Investments
- $333.8k
- Employees
- 0
- Location
- Haines, AK
- Founding
- 04/1995
- Data as of
- 06/2021
- EIN
- 92-0134317
Organization Overview
Sheldon Museum And Cultural Center Inc is located in Haines, AK. The organization was established in 1995. 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. Sheldon Museum And Cultural Center 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 06/2021, Sheldon Museum And Cultural Center Inc generated $301.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $208.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT, PRESERVE AND INTERPRET THE HISTORY AND ART OF THE CHILKAT VALLEY REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SHELDON MUSEUM IS AN INTEGRAL PART OF THE HAINES ALASKA COMMUNITY. OUR INSTITUTION HAS REDUCED VISITOR ACCESS THIS YEAR (10291 SITE VISITS) DUE TO COVID-19. EXHIBIT GALLERIES ARE UPSTAIRS, RESEARCH ARCHIVES AND STAFF OFFICES ARE DOWNSTAIRS, AND THE ENTRANCE AND GIFT STORE ARE ON THE MEZZANINE LEVEL BETWEEN THEM. THE LARGE MAIN GALLERY EXHIBITS, WHICH CHANGE EVERY THREE YEARS, INCORPORATE ART, HISTORICAL OBJECTS, PHOTOGRAPHS, MAPS, AND INTERACTIVES. THE CURRENT EXHIBIT "EVERYTHING FROM AFAR DRIFTS ASHORE" FOCUSES ON 1850 TO 1910 IN THE CHILKAT VALLEY WHEN IT TRANSITIONED FROM AN ALL-NATIVE AREA TO A MIXED POPULATION. EACH YEAR NUMEROUS SMALLER TEMPORARY EXHIBITS INCLUDE TRAVELING HISTORY AND ART SHOWS, AS WELL AS GUEST CURATED EXHIBITS AND SIX WEEK SOLO OR DUO JURIED EXHIBITIONS BY LOCAL ARTISTS. A CHILDREN'S INTERACTIVE GALLERY FEATURES EARLY LIFE IN THE CHILKAT VALLEY AND EDUCATIONAL ACTIVITIES. 263 SCHOOL CHILDREN VISITED THE MUSEUM WITH THEIR CLASS THIS YEAR. OTHER ACTIVITIES PRESERVING AND PRESENTING THE HISTORY OF THE CHILKAT VALLEY ARE SUPPORTED. THE IMPACT OF THE COVID 19 PANDEMIC ON MUSEUM PATRONAGE, ATTENDANCE AND ADMISSIONS INCOME WAS SIGNIFICANT IN FY20: AFTER THE MID-MARCH, 2020 COVID CLOSURE. WE ESTIMATE FY20 MISSING ADMISSIONS TOTALLING ABOUT 30,000 IN COMPARISON TO FY19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelleen Adams President | OfficerTrustee | 3 | $0 |
Julie Korsmeyer Secretary | OfficerTrustee | 1 | $0 |
John Carlson Treasurer | OfficerTrustee | 1 | $0 |
Lorraine Dudzik Secretary | OfficerTrustee | 1 | $0 |
Sue Chasen Trustee | Trustee | 1 | $0 |
Kim Chetney Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $243,071 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $286,694 |
| Total Program Service Revenue | $5,464 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $301,473 |
| 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 | $73,922 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,153 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49 |
| Fees for services: Accounting | $2,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,941 |
| Advertising and promotion | $2,520 |
| Office expenses | $8,991 |
| Information technology | $80 |
| Royalties | $0 |
| Occupancy | $19,327 |
| Travel | $0 |
| 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 | $16,350 |
| Insurance | $73,502 |
| All other expenses | $0 |
| Total functional expenses | $208,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,806 |
| Savings and temporary cash investments | $60,596 |
| Pledges and grants receivable | $77,066 |
| 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 | $23,299 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $333,832 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $557,236 |
| Accounts payable and accrued expenses | $2,801 |
| 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 | $2,801 |
| Net assets without donor restrictions | $47,767 |
| Net assets with donor restrictions | $506,668 |
| 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 | $557,236 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sheldon Museum And Cultural Center Inc has recieved totaling $16,649.
| Awarding Organization | Amount |
|---|---|
Museums Alaska Incorporated Anchorage, AK PURPOSE: ACQUIRE ART, ARCHIVE | $16,649 |
Endowment Analysis
| Beg. Balance | $297,058 |
| Earnings | $43,439 |
| Other Expense | $665 |
| Ending Balance | $333,832 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchorage Museum Association Anchorage, AK | $13,680,966 | $14,736,241 |
Northwest Maritime Center Port Townsend, WA | $21,051,564 | $9,184,031 |
Burke Museum Association Seattle, WA | $1,429,157 | $2,025,349 |
Densho Seattle, WA | $2,629,365 | $2,391,669 |
Yakima Valley Museum & Hist Assn Yakima, WA | $9,407,246 | $1,269,577 |
Valdez Museum And Historical Archive Association Incorporated Valdez, AK | $412,960 | $617,040 |
Alaska Aviation Heritage Museum Anchorage, AK | $6,679,112 | $631,265 |
Columbia Gorge Interpretive Center Stevenson, WA | $2,351,160 | $339,061 |
Port Townsend Aero Museum Port Townsend, WA | $7,746,029 | $1,457,196 |
Friends Of Flying Heritage C/O Vulcan Inc Seattle, WA | $0 | $108,258 |
Inland Empire Railway Historical Society Reardon, WA | $3,337,569 | $363,759 |
Veterans Memorial Museum Chehalis, WA | $2,178,919 | $293,932 |