Lompoc Museum Associates Inc
- Assets
- $901.6k
- Revenue
- $208.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Lompoc, CA
- Founding
- 04/1970
- Data as of
- 06/2021
- EIN
- 95-2859355
Organization Overview
Lompoc Museum Associates Inc is located in Lompoc, CA. The organization was established in 1970. 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 06/2021, Lompoc Museum Associates Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lompoc Museum Associates 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, Lompoc Museum Associates Inc generated $208.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $85.3k during the year ending 06/2021. 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
OPERATION OF A PUBLIC HISTORICAL MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM PROVIDES PROGRAM SERVICES AND ON-SITE EXHIBITS FOR THE BENEFIT OF SCHOOL CHILDREN, ADULTS, AND SCHOLARS. THE MUSEUM'S PURPOSE IS TO OPERATE AND MAINTAIN A PUBLIC HISTORICAL MUSEUM TO INCREASE AND DISSEMINATE KNOWLEDGE AND APPRECIATION OF THE LOCAL AREA. THE CITY OF LOMPOC DONATES USE OF MUSEUM FACILITIES FOR $1 PER YEAR. FAIR MARKET VALUE OF THIS DONATION IS $27,300 PER YEAR.
THE MUSEUM PROVIDES PROGRAMS HEIGHTENING PUBLIC AWARENESS OF NATIONAL HISTORICAL EVENTS, OTHER CULTURES AND ENVIRONMENTAL ISSUES.
THE MUSEUM PROVIDES TOURS OF ARTESIA SCHOOL, A HISTORICAL SITE, FOR SCHOOL CHILDREN AND THE GENERAL PUBLIC. THE LOMPOC UNIFIED SCHOOL DISTRICT DONATES USE OF THE ARTESIA SCHOOL TO THE MUSEUM FOR $1 PER YEAR. FAIR MARKET VALUE FOR OCCUPANCY OF THESE FACILITIES IS $6,048 PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lisa Renken Director | Trustee | 30 | $37,819 |
Ted Suchecki Treasurer | OfficerTrustee | 2 | $0 |
Wynn Clevenger President | OfficerTrustee | 2 | $0 |
Alice Down Secretary | OfficerTrustee | 2 | $0 |
Susan Warnstom Vice President | OfficerTrustee | 2 | $0 |
Don Adams Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,664 |
| Investment income | $14,511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,364 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $208,120 |
| Statement of Expenses | |
|---|---|
| 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. | $37,819 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,999 |
| Fees for services: Other | $66 |
| Advertising and promotion | $360 |
| Office expenses | $1,367 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,947 |
| 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 | $12,190 |
| Insurance | $5,486 |
| All other expenses | $0 |
| Total functional expenses | $85,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,480 |
| Savings and temporary cash investments | $41,421 |
| 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 | $11,313 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $461,837 |
| Total assets | $901,597 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,053 |
| Total liabilities | $2,053 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $899,544 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lompoc Museum Associates Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Contemporary Jewish Museum San Francisco, CA | $89,973,935 | $6,215,554 |
Wjo Foundation Los Angeles, CA | $40,838,683 | $19,917,813 |
Council On American-Islamic Relations California Anaheim, CA | $15,557,872 | $7,778,802 |
Pacific Battleship Center San Pedro, CA | $7,123,238 | $6,518,959 |
Swc Museum Corp Los Angeles, CA | $185,291,567 | $7,296,634 |
Eames Institute Petaluma, CA | $18,964,312 | $22,211,223 |
Palm Springs Air Museum Inc Palm Springs, CA | $20,548,882 | $5,160,584 |
Museum Of Northern Arizona Inc Flagstaff, AZ | $21,755,182 | $7,019,493 |
Hiller Aviation Institute San Carlos, CA | $13,765,649 | $3,172,781 |
Dr Prem Reddy Family Foundation Victorville, CA | $59,640,803 | $7,595,439 |
Nevada Northern Railway Foundation Inc Ely, NV | $12,170,524 | $3,367,956 |
Working Assumptions Foundation Berkeley, CA | $1,074,747 | $600,119 |