Valdez Museum And Historical Archive Association Incorporated

Organization Overview

Valdez Museum And Historical Archive Association Incorporated is located in Valdez, AK. The organization was established in 1996. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Valdez Museum And Historical Archive Association Incorporated employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valdez Museum And Historical Archive Association Incorporated 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, Valdez Museum And Historical Archive Association Incorporated generated $617.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $621.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE VALDEZ MUSEUM PRESERVES, PRESENTS, AND INTERPRETS THE HERITAGE AND CULTURE OF VALDEZ, THE COPPER RIVER BASIN, AND PRINCE WILLIAM SOUND, ALAKSA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERAL OPERATIONS: THE ORGANIZATION ENGAGED IN MAINTAINING AND OPERATING MUSEUMS, ARCHIVES, AND SITES FOR COLLECTIONS.


COLLECTIONS AND EXHIBITIONS: THE COLLECTIONS CONTAIN BOTH ARCHIVAL MATERIAL AND ARTIFIACTS THAT REPRESENT THE HISTORY OF OUR REGION. THE PURPOSE OF COLLECTING THESE PHYSICAL REPRESENTATIONS OF OURPAST IS TO PRESERVE THEM FOR FUTURE GENERATIONS AND TO PROVIDE OUR OWN GENERATION WITH TEH EVIDENCE OF HUMAN SOCIETY BEFORE US AND TO MAKE THE COLLECTIONS ACCESSIBLE TO ALL. THE EXHIBITS WITHIN THE MUSEUM TELL VARIOUS STORIES ABOUT THE REGION'S HISTORY BASED ON THE COLLECTIONS. VARIOUS PERSPECTIVES ARE USED TO INTERPRET THE PAST, WITH AN EMPHASIS ON AUTHENTICITY, ACCURACY, AND INCLUSIVITY.THE EXHIBITS ARE INTEDED TO EDUCATE AND ENLIGHTEN VISITORS AS WELL AS LEAVE THEM WITH A GREATER UNDERSTANDING OF HISTORY, HUMANITY, AND THEMSELVES.


EDUCATION AND PUBLIC PROGRAMS: THE EDUCATION PROGRAM EXISTS TO DEVELOP IN LOCAL CHILDREN A DEEPER APPRECIATION FOR HISTORY AND HUMAN EXPERIENCE. THE PROGRAM IS BASED ON PARTNERSHIP WITH VALDEZ CITY SCHOOLS AND IN USING PRIMARY SOURCES TO HELP CHILDREN EXPLORE HISTORY WITH THEIR OWN MINDS AND HANDS AND FIND MEANING FOR THEMSELVES. THE PUBLIC PROGRAMS HIGHLIGHT THE DIVERSITY OF PEOPLE IN VALDEZ'S PAST AND PRESENT, SERVE AS FORUMS FOR PUBLIC DISCUSSION AND FINDING COMMON GROUND, PROVIDE SOCIAL OPPORTUNITIESFOR RESIDENTS, OFFER A MEETING GROUND FOR VISITORS AND LOCALS, AND OPEN THE EYES OF RESIDENTS TO A WORLD OF EXPERIENCE BEYOND OUR OWN COMMUNITY. LECTURES, SPECIAL EVENTS, MEMBERSHIP PROGRAMS,RECEPTIONS, AND OTHER FUNCTIONS TARGET AN EVER-BROADENING RANGE OF AUDIENCES.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Relay
Executive Director
$71,804
Donna Lane
President
$0
Gary Minish
Vice President
$0
Richard Dunkin
Secretary
$0
Martha Barberio
Treasurer
$0
Felicia White
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$15,438
Fundraising events$12,058
Related organizations$0
Government grants $500,380
All other contributions, gifts, grants, and similar amounts not included above$22,817
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$550,693
Total Program Service Revenue$27,327
Investment income $698
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $31,349
Net Income from Fundraising Events -$14,235
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $617,040

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Valdez Museum And Historical Archive Association Incorporated has recieved totaling $25,000.

Awarding OrganizationAmount
$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,230,671
Earnings$161,050
Ending Balance$1,391,721

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