LARAMIE PLAINS MUSEUM ASSOCIATION INC

EIN: 836007519 501(c)(3) Arts, Culture & Humanities

LARAMIE, WY

Total Revenue
$2,497,454
Total Expenses
$432,857
Total Assets
$7,196,021
Net Assets
$7,181,573
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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
WY
Principal Officer
TANNER EVANS
Phone
3077424448
Tax Period
2023-01-01 to 2023-12-31

LARAMIE PLAINS MUSEUM ASSOCIATION INC, founded in 1967, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 501% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 83% operating margin.

Mission

THE LARAMIE PLAINS MUSEUM IS A HISTORIC HOUSE MUSEUM COMPLEX OF THE CITY OF LARAMIE, WYOMING AND SURROUNDING AREA, WHOSE MISSION IS TO PRESERVVE, RESTORE, AUGMENT AND EXHIBIT ITS HISTORIC BUILDINGS, GROUNDS AND THE HISTORIC COLLECTIONS CONTAINED THEREIN, THEREBY INCREASING PUBLIC APPRECIATION AND EDUCATION ABOUT THE NATURE OF THE HUMAN HERITAGE OF THE AREA THROUGH TOURS, EXHIBITIONS, PUBLICATIONS AND SPECIAL EVENTS.

Program Service Accomplishments

Program 1
Expenses: $369,183

THE LARAMIE PLAINS MUSEUM, ON THE NATIONAL REGISTER OF HISTORIC PLACES, IS SITUATED ON A FULL SQUARE BLOCK IN THE HISTORIC DISTRICT OF LARAMIE, WYOMING, AND CONSISTS OF THE RESTORED 1892 IVINSON...

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THE LARAMIE PLAINS MUSEUM, ON THE NATIONAL REGISTER OF HISTORIC PLACES, IS SITUATED ON A FULL SQUARE BLOCK IN THE HISTORIC DISTRICT OF LARAMIE, WYOMING, AND CONSISTS OF THE RESTORED 1892 IVINSON MANSION AND ITS CARRIAGE HOUSE, THE ALICE HARDIE STEVENS CENTER RECEPTION HALL/CURATORIAL ACCESSIONING AREA, AND THE MARSHALL ONE-ROOM SCHOOL HOUSE. THE MUSEUM ALSO OWNS AN 1883 HISTORIC STONE STABLE, CURRENTLY CONFIGURED AS A 2 UNIT COMPLEX, AND A BRICK RESIDENCE IN THE BLOCK IMMEDIATELY NORTH OF THE MUSEUM. THE MUSEUM'S EXTENSIVE COLLECTION INCLUDES PERIOD HOME FURNISHINGS, TEXTILES, ORIGINAL ARTWORK, MORE THAN 17,000 LOCAL PHOTOGRAPHS, AND OVER 32,000 ARTIFACTS AND ITEMS OF HISTORIC VALUE TO THE AREA. CLOSE TO 7,100 PEOPLE FROM THROUGHOUT THE NATION AND 40 COUNTRIES VISIT AND LEARN FROM THE MUSEUM COLLECTIONS ANNUALLY, INCLUDING MORE THAN 790 STUDENTS FROM THE LARAMIE AREA AND AROUND THE STATE AND REGION VIA EDUCATIONAL TOURS AND YOUTH VOLUNTEER PROGRAMS. ANNUALLY, NEARLY 29,000 PEOPLE EXPERIENCE THE HISTORIC PROPERTY THROGH TOURS, USE OF RENTAL FACILITIES AND SPECIAL EVENTS HELD ON THE MUSEUM GROUNDS. AS AN EDUCATIONAL FACILITY, LPM SERVES A WIDE VARIETY OF POPULATIONS OF ALL AGES, INCLUDING LOW TO MODERATE INCOME, OFFERING NO-COST TOURS TO STUDENT AND SPECIAL NEEDS VISITORS, AND DISCOUNTED TOURS OF THE MUSEUM SO THAT ALL MAY ENJOY AND LEARN THE HISTORY IT CONTAINS.

Program 2
Expenses: $5,173

THE LARAMIE PLAINS MUSEUM HOLDS A SIGNIFICANT YOUTH DEVELOPMENT PROGRAM EVERY SUMMER, ENGAGING 20 TO 40 STUDENTS AGES 12 TO 15, IN ITS INNOVATIVE JUNIOR DOCENT PROGRAM. THE PROGRAM IS AN EDUCATIONAL...

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THE LARAMIE PLAINS MUSEUM HOLDS A SIGNIFICANT YOUTH DEVELOPMENT PROGRAM EVERY SUMMER, ENGAGING 20 TO 40 STUDENTS AGES 12 TO 15, IN ITS INNOVATIVE JUNIOR DOCENT PROGRAM. THE PROGRAM IS AN EDUCATIONAL, CONFIDENCE BOOSTING ENDEAVOR FOR JUNIOR HIGH-AGED STUDENTS AS THEY ARE TAUGHT TO SPEAK WELL ABOUT THE HISTORY OF OUR AREA, TO RESPOND PROFESSIONALLY IN A WORK ENVIRONMENT, AND TO INTERACT CONFIDENTLY WITH THE PUBLIC AS TOUR GUIDES FOR LARAMIE PLAINS MUSEUM'S HISTORIC HOUSE MUSEUM/CARRIAGE HOUSE AND THE ONE- ROOM SCHOOL HOUSE. VICTORIAN TEAS, EVENING AT THE IVINSONS, AND THE SPECIAL HOLIDAY OPEN HOUSE ARE ALSO COMMUNITY ATTRACTIONS THAT ARE HELD AT THE MUSEUM EACH YEAR.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,196,597
Program Service Revenue $32,176
Investment Income $84,411
Other Revenue $184,270
TOTAL REVENUE $2,497,454

Expense Breakdown

Grants Paid $0
Salaries & Benefits $182,633
Fundraising Expenses $0
Program Expenses $374,356
Other Expenses $250,224
TOTAL EXPENSES $432,857

Year-over-Year Comparison

2023 2022 Change
Revenue $2,497,454 $415,388 +5.0%
Expenses $432,857 $404,545 +0.1%
Net Income $2,064,597 $10,843 +189.4%
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
11
Independent Members
11
Employees
16
Volunteers
150

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIE BLASI DIRECTOR 1.00
Director
$0 $0 $0
TANNER EVANS PRESIDENT 2.00
Officer Director
$0 $0 $0
BERNIE HORST DIRECTOR 1.00
Director
$0 $0 $0
KAREN LANGE TREASURER 2.00
Officer Director
$0 $0 $0
SCOTT MORTON DIRECTOR 1.00
Director
$0 $0 $0
DEBI OCKERS VICE PRESIDE 2.00
Officer Director
$0 $0 $0
CHRISTEL WALRATH DIRECTOR 1.00
Director
$0 $0 $0
JOHN NUTTER SECRETARY 2.00
Officer Director
$0 $0 $0
BOB ROUTSON DIRECTOR 1.00
Director
$0 $0 $0
SUZY TAYLOR DIRECTOR 1.00
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 No data No data No data No data
2023 $2,497,454 $432,857 $7,196,021 $2,064,597
2022 $415,388 $404,545 $4,982,229 $10,843
2021 $454,122 $310,659 $5,055,584 $143,463
2020 $292,989 $335,852 $4,911,786 $-42,863
2019 $502,347 $392,887 $4,801,883 $109,460
2018 $937,233 $389,064 $4,510,201 $548,169
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