Granville Museum, Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$55,000.00
Projected Expenses
$53,800.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| granville museum, inc. irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $729,065.00 | $610,404.00 | $563,144.00 |
| Total Expenses | $706,190.00 | $637,322.00 | $557,547.00 |
| Revenue Less Expenses | $22,875.00 | ($26,918.00) | $5,597.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $93,426.00 | $56,667.00 | $40,126.00 |
| Contributions, Gifts, and Grants | $219,257.00 | $78,982.00 | $223,191.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $414,800.00 | $327,381.00 | $299,554.00 |
| Investment Income, Net of Losses | $1,582.00 | $214.00 | $273.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $147,160.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $706,190.00 | $637,322.00 | $557,547.00 |
| Administration Expense | $0.00 | $0.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 103% | 96% | 101% |
| Program Expense/Total Expenses | 100% | 100% | 100% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $414,800.00 | Program Revenue $327,381.00 | Program Revenue $299,554.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $219,257.00 | Noncash Contributions $147,160.00 | Contributions, Gifts, Grants $223,191.00 |
| Third Highest Funding Source & Dollar Amount | Government Grants $93,426.00 | Contributions, Gifts, and Grants $78,982.00 | Government Grants $40,126.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $616,355.00 | $593,480.00 | $620,398.00 |
| Current Assets | $176,690.00 | $156,825.00 | $164,304.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $616,355.00 | $593,480.00 | $620,398.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$42,000.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| We face numerous challenges as we move forward which are grants to help support program of work, further development of volunteers and increasing volunteer base, further development of tourism business, and continued development of new programs of interest. |
Foundation Staff Comments
| Financial figures are taken from the the 990. 990 was prepared internally by the nonprofit. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 6/12/24. |
