MUSEUM OF IDAHO

EIN: 820363177 501(c)(3)

IDAHO FALLS, ID

Total Revenue
$2,584,691
Total Expenses
$2,622,751
Total Assets
$9,879,813
Net Assets
$9,518,915
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
ID
Principal Officer
JEFF CARR
Tax Period
2024-01-01 to 2024-12-31

MUSEUM OF IDAHO, founded in 1975, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $9.5M represent 44 months of operating reserves.

Mission

THE MUSEUM OF IDAHO SEEKS TO INSPIRE WONDER AND DISCOVERY ABOUT IDAHO AND OUR WORLD THROUGH SCIENCE AND THE HUMANITIES. MOI IS FULLY DEPENDENT ON DONATIONS, GRANTS TICKET SALES, AND STORE REVENUE TO FUND THIS MISSION, KEY TO WHICH IS ENSURING ITS EDUCATION OFFERINGS ARE AS ACCESSIBLE AS POSSIBLE TO UNDERSTAND POPULATIONS IN EAST IDAHO AND BEYOND.

Program Service Accomplishments

Program 1
Expenses: $452,249

THE MUSEUM SERVED 80-100 THOUSAND VISITORS DURING THE YEAR THROUGH ITS EXHIBITIONS, INCLUDING ITS INTERACTIVE IDAHO EXHIBIT AND WORLD CLASS TRAVELING EXHIBITS, WHICH FREQUENTLY MAKE IDAHO FALLS THE...

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THE MUSEUM SERVED 80-100 THOUSAND VISITORS DURING THE YEAR THROUGH ITS EXHIBITIONS, INCLUDING ITS INTERACTIVE IDAHO EXHIBIT AND WORLD CLASS TRAVELING EXHIBITS, WHICH FREQUENTLY MAKE IDAHO FALLS THE NATIONS SMALLEST CITY TO OFFER SUCH EXPERIENCES, AND OPEN A WORLD FOR RESIDENTS OF THIS SOMETIMES ISOLATED REGION. MOI HAS UNDERTAKEN SIGNIFICANT MEASURES TO INCREASE ACCESS TO HIGH QUALITY INFORMAL EDUCATION OPPURTUNITIES AT LITTLE TO NO COST FOR RESIDENTS. GENERAL ADMISSION IS ALREADY LOW COMPARED TO THE MAJORITY OF MUSEUM THAT HOST MAJOR TRAVELING EXHIBITS AND ADMISSSION IS HIGHLY DISCOUNTED FURTHER FOR A NUMBER OF GROUPS. IDAHOANS RECEIVE 2 OFF ADMISSION, AND HOUSEHOLDS COVERED BY IDAHO'S SUPPLEMENTAL NUTRITION ASSISSTANCE PROGRAM RECEIVE ADMISSION ANYTIME FOR ONLY 1 PER PERSON. FURTHERMORE, MOI OFFERS FREE MEMBERSHIPS FOR STUDENTS AT A LOCAL COMMUNITY COLLEGE AND HALF-PRICE MEMBERSHIPS FOR LOW-INCOME FAMILIES. MOI OFFERS A DEEPLY DISCOUNTED ADMISSION RATE FOR SCHOOL FIELD TRIPS AND SUBSIDIZES BUSING FOR STUDENTS COMING FROM RURAL AND UNDERSERVED AREAS.

Program 2
Expenses: $184,088

THE MUSEUM OFFERS A STEADY STREAM OF HIGH QUALITY EDUCATIONAL PROGRAMS LED BY DYNAMIC AND EXPERIENCED EDUCATORS, AND INCLUDING DATE NIGHTS, WALKING TOURS, LECTURES AND HANDS ON ACTIVITIES, TO...

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THE MUSEUM OFFERS A STEADY STREAM OF HIGH QUALITY EDUCATIONAL PROGRAMS LED BY DYNAMIC AND EXPERIENCED EDUCATORS, AND INCLUDING DATE NIGHTS, WALKING TOURS, LECTURES AND HANDS ON ACTIVITIES, TO THOUSANDS OF PEOPLE PER YEAR. THE VAST MAJORITY OF MOI PROGRAMMING IS OFFERED AT NO OR LOW COST TO PARTICIPANTS. MONTHLY PROGRAMS LITTLE LEARNERS AND DISCOVERY DAY, AS WELL AS ANNUAL EVENTS SUCH AS STEM DAY AT THE MUSEUM ARE OFFERED AT NO COST. SCHOLARSHIPS ALLOW DOZENS OF STUDENTS FROM UNDERSERVED POPULATIONS TO ATTEND SUMMER DAY CAMPS AND NIGHTS AT THE MUSUEM, A SEMI-ANNUAL SLEEPOVER EVENT FOR GRADES 3-6, FOR ONLY 5-10 PER STUDENT. FOR ADULTS, THE TWICE MONTHLY MUSEUM CLUB LECTURE SERIES IS OFFERED AT 5 EACH FOR PUBLIC AND AT NO COST FOR MOI MEMBERS. THE MUSEUM ALSO OFFERS-SHARP DISCOUNTS TO ITS EDUCATOR SUMMER CAMPS FOR TEACHERS WHO WORK IN TITLE I SCHOOLS. MOI OFFERS SPECIAL SPANISH LANGUAGE DAYS WITH DISCOUNTED ADMISSION AND IS CURRENTLY TRANSLATINGITS EXHIBIT MATERIAL INTO SPANISH AND WORKING WITH LOCAL SPANISH LANGUAGE GROUPS TO DETERMINE THE PREFERRED METHOD OF DELIVERY. THE MUSEUM OF IDAHO WORKS WITH LOCAL FAMILIES AND AGENCES AND HAS DESIGNED NUMEROUS PROGRAMS TAILORED TO LEARNERS WITH DIFFERING PHYSICAL, INTELLECTUAL AND SENSORY NEEDS. THE MUSEUM ALSO ORGANIZES PUBLIC TOURS AND CONSERVATION OF A NEARBY ARCHAEOLOGICAL SITE AND IS DEVELOPING A CULTURAL TRAVEL PROGRAM.

Program 3
Expenses: $8,988

MUSEUM STAFF AND VOLUNTEERS CARE FOR MORE THAN 100,000 DOCUMENTS, PHOTOGRAPHS, OBJECTS AND SPECIMEN RELEVANT TO IDAHO'S HERITAGE, AND MAKE THOSE ITEMS AND STORIES AVAILABLE TO RESEARCHERS. THE MUSEUM...

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MUSEUM STAFF AND VOLUNTEERS CARE FOR MORE THAN 100,000 DOCUMENTS, PHOTOGRAPHS, OBJECTS AND SPECIMEN RELEVANT TO IDAHO'S HERITAGE, AND MAKE THOSE ITEMS AND STORIES AVAILABLE TO RESEARCHERS. THE MUSEUM ALSO CARES FOR A SIGNIFICANT NEARBY ARCHAEOLOGICAL SITE AND THE 80,000+ ARTIFACTS THAT HAVE COME OUT OF IT, AND FACILITIES ACADEMIC RESEARCH ON THE COLLECTION.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,421,105
Program Service Revenue $0
Investment Income $201,240
Other Revenue $962,346
TOTAL REVENUE $2,584,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,021,237
Fundraising Expenses $74,581
Program Expenses $2,322,166
Other Expenses $1,601,514
TOTAL EXPENSES $2,622,751

Year-over-Year Comparison

2024 2023 Change
Revenue $2,584,691 $3,334,628 -0.2%
Expenses $2,622,751 $2,649,673 0.0%
Net Income $-38,060 $684,955 -1.1%
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
10
Independent Members
10
Employees
24
Volunteers
N/A

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
1
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE BLAIR TRUSTEE N/A
Director
$0 $0 $0
ANDREW BOCZAR TRUSTEE N/A
Director
$0 $0 $0
JOSEPH GIEBEL CHAIR N/A
Director
$0 $0 $0
TANNER GLEAVE TRUSTEE N/A
Director
$0 $0 $0
RYAN KIRKHAM TRUSTEE N/A
Director
$0 $0 $0
JAMES LIVELY TREASURER N/A
Director
$0 $0 $0
SONAI MARTINEZ TRUSTEE N/A
Director
$0 $0 $0
LINDA MONTGOMERY PAST CHAIR N/A
Director
$0 $0 $0
CHRIS SHEETZ VICE CHAIR N/A
Director
$0 $0 $0
TERESA SUTTER TRUSTEE N/A
Director
$0 $0 $0
MICHAEL WALKER SECRETARY N/A
Director
$0 $0 $0
STEPHANIE WALSH TRUSTEE N/A
Director
$0 $0 $0
MARGARET WIMBORNE TRUSTEE N/A
Director
$0 $0 $0
JEFF CARR EXECUTIVE DI N/A
Officer
$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 $2,584,691 $2,622,751 $9,879,813 $-38,060
2023 $3,334,628 $2,649,673 $9,925,684 $684,955
2022 $1,577,164 $2,313,718 $9,427,946 $-736,554
2021 $2,158,282 $2,050,399 $10,042,756 $107,883
2020 $2,765,059 $1,526,352 $10,242,182 $1,238,707
2019 $2,887,092 $1,644,518 $8,321,797 $1,242,574
2018 $2,058,923 $1,777,168 $7,645,302 $281,755
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