MUSEUM ALLIANCE OF RAPID CITY INC

EIN: 363727899 501(c)(3) Arts, Culture & Humanities

RAPID CITY, SD

Total Revenue
$757,317
Total Expenses
$717,018
Total Assets
$757,080
Net Assets
$701,003
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
SD
Principal Officer
CONOR MCMAHON
Phone
6053946923
Tax Period
2024-01-01 to 2024-12-31

MUSEUM ALLIANCE OF RAPID CITY INC, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $733K in total revenue in fiscal year 2018.

Mission

THE MISSION OF THE JOURNEY MUSEUM IS TO PRESERVE, EDUCATE AND EXPLORE THE HERITAGE, CULTURES AND ENVIRONMENT OF THE BLACK HILLS REGION TO UNDERSTAND OUR PAST, ENRICH OUR PRESENT AND SUSTAIN OUR FUTURE. THE VISION IS TO INSPIRE ALL AUDIENCES TO LEARN AND PLAY IN A VIBRANT AND DYNAMIC ATMOSHPHERE; CREATE WONDER AND CURIOSITY THROUGH EXHIBITS AND PROGRAMS THAT LEAD TO LIFE-LONG LEARNING; REVEAL CULTURAL, HISTORICAL, AND SCIENTIFIC CONNECTIONS TO FOSTER NEW KNOWLEDGE, APPRECIATION AND UNDERSTANDING IN OUR COMMUNITY AND ITS VISITORS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $446,342
Program Service Revenue $192,484
Investment Income $1,470
Other Revenue $117,021
TOTAL REVENUE $757,317

Expense Breakdown

Grants Paid $0
Salaries & Benefits $385,324
Fundraising Expenses $47,201
Program Expenses $496,822
Other Expenses $331,694
TOTAL EXPENSES $717,018

Year-over-Year Comparison

2024 2023 Change
Revenue $757,317 $730,253 +0.0%
Expenses $717,018 $623,272 +0.2%
Net Income $40,299 $106,981 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
17
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$110,476
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONOR MCMAHON EXECUTIVE DI 50.00
Officer
$103,738 $6,738 $110,476
TRAVIS DEWES BOARD MEMBER 1.00
Director
$0 $0 $0
BILL EVANS CITY LIAISON 1.00
Director
$0 $0 $0
EILEEN FLEISHACKER BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE GERLACH BOARD MEMBER 1.00
Director
$0 $0 $0
STACIE GRANUM SECRETARY 1.00
Officer Director
$0 $0 $0
BARRY GRAVATT CHAIR 1.00
Officer Director
$0 $0 $0
KELLY KIRK BOARD MEMBER 1.00
Director
$0 $0 $0
MICAH LANDE BOARD MEMBER 1.00
Director
$0 $0 $0
TORIN PETERSON TREASURER 1.00
Officer Director
$0 $0 $0
RITCHIE NORDSTROM BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SLOCUM BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA SMITH VICE CHAIR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $757,317 $717,018 $757,080 $40,299
2023 $730,253 $623,272 $721,784 $106,981
2022 $734,682 $759,953 $557,274 $-25,271
2021 $845,602 $575,452 $614,178 $270,150
2020 $550,075 $566,018 $320,810 $-15,943
2019 $733,869 $694,494 $388,533 $39,375
2018 $733,164 $711,636 $286,476 $21,528
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