Riverside Museum Associates
- Assets
- $701.0k
- Revenue
- $163.3k
- Investments
- $275.6k
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 95-6105665
Organization Overview
Riverside Museum Associates is located in Riverside, CA. The organization was established in 1965. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Riverside Museum Associates 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 06/2022, Riverside Museum Associates generated $163.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $32.6k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MUSEUM OF RIVERSIDE THROUGH PROVIDING VOLUNTEERS FOR THE MUSEUM'S ACTIVITIES AND ENCOURAGING MONETARY SUPPORT OF THE MUSEUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBIT PREPARATION AND CARE OF FACILITIES OF THE MUSEUM OF RIVERSIDE AND HERITAGE HOUSE FACILITIES.
SUPPORT OF EDUCATIONAL AND MULTICULTURAL PROGRAMS TO PROMOTE THE MUSEUM OF RIVERSIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Whittington President | OfficerTrustee | 5 | $0 |
Peggy Barnhart Past President | OfficerTrustee | 5 | $0 |
Jim Ferguson Treasurer | OfficerTrustee | 5 | $0 |
Laura Mcmorris Secretary | OfficerTrustee | 5 | $0 |
Judith Simms Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,759 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,994 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,553 |
| Total Program Service Revenue | $0 |
| Investment income | $6,755 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,396 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,211 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $163,256 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75 |
| Office expenses | $268 |
| Information technology | $300 |
| Royalties | $0 |
| Occupancy | $3,286 |
| 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 | $0 |
| Insurance | $2,344 |
| All other expenses | $3,136 |
| Total functional expenses | $32,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,373 |
| 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 | $42,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $275,581 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $700,954 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $273,508 |
| Net assets with donor restrictions | $427,446 |
| 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 | $700,954 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Riverside Museum Associates has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Grace Nixon Foundation Walnut Creek, CA PURPOSE: GENERAL SUPPORT | $35,000 |
Endowment Analysis
| Beg. Balance | $321,899 |
| Earnings | -$42,812 |
| Other Expense | $3,506 |
| Ending Balance | $275,581 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
California Center For The Arts Escondido Foundation Escondido, CA | $1,637,426 | $6,432,180 |
Screen Actors Guild - American Federation Of Television And Radio Los Angeles, CA | $32,891,873 | $7,217,007 |
Carmel Mission Foundation Inc Carmel, CA | $1,231,681 | $982,770 |
All Classical Public Media Inc Portland, OR | $12,996,411 | $4,875,278 |
Oregon Shakespearean Festival Endowment Fund Inc Ashland, OR | $33,018,945 | $1,149,955 |
Ford Theatre Foundation Hollywood, CA | $2,293,812 | $4,065,513 |
Mccallum Theatre Foundation Inc Palm Desert, CA | $10,233,971 | $253,349 |
California State Railroad Museum Foundation Inc Sacramento, CA | $11,474,601 | $3,874,416 |
Phoenix Art Museum Endowment Fund Inc Phoenix, AZ | $32,304,336 | $805,868 |
The California Museum Of History Women And The Arts Sacramento, CA | $9,367,922 | $1,679,886 |
Crocker Art Museum Foundation Sacramento, CA | $46,079,263 | $5,867,542 |