VALDEZ MUSEUM & HISTORICAL ARCHIVE ASSOCIATION INC

EIN: 920159463 501(c)(3) Arts, Culture & Humanities

VALDEZ, AK

Total Revenue
$784,977
Total Expenses
$682,515
Total Assets
$535,318
Net Assets
$471,504
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
AK
Principal Officer
FAITH REVELL
Phone
9078352764
Tax Period
2023-01-01 to 2023-12-31

VALDEZ MUSEUM & HISTORICAL ARCHIVE ASSOCIATION INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $785K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $683K left a modest 13% surplus.

Mission

THE VALDEZ MUSEUM PRESERVES, PRESENTS, AND INTERPRETS THE HERITAGE AND CULTURE OF VALDEZ, THE COPPER RIVER BASIN, AND PRINCE WILLIAM SOUND, ALASKA.

Program Service Accomplishments

Program 1
Expenses: $108,597 Revenue: $36,393

GENERAL OPERATIONS: THE ORGANIZATION ENGAGED IN MAINTAINING AND OPERATING MUSEUMS, ARCHIVES, AND SITES FOR COLLECTIONS.

Program 2
Expenses: $217,196 Revenue: $72,787

COLLECTIONS AND EXHIBITIONS: THE COLLECTIONS CONTAIN BOTH ARCHIVAL MATERIAL AND ARTIFACTS THAT REPRESENT THE HISTORY OF OUR REGION. THE PURPOSE OF COLLECTING THESE PHYSICAL REPRESENTATIONS OF OURPAST...

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COLLECTIONS AND EXHIBITIONS: THE COLLECTIONS CONTAIN BOTH ARCHIVAL MATERIAL AND ARTIFACTS THAT REPRESENT THE HISTORY OF OUR REGION. THE PURPOSE OF COLLECTING THESE PHYSICAL REPRESENTATIONS OF OURPAST IS TO PRESERVE THEM FOR FUTURE GENERATIONS AND TO PROVIDE OUR OWN GENERATION WITH THE EVIDENCE OF HUMAN SOCIETY BEFORE US AND TO MAKE THE COLLECTIONS ACCESSIBLE TO ALL. THE EXHIBITS WITHIN THE MUSEUM TELL VARIOUS STORIES ABOUT THE REGION'S HISTORY BASED ON THE COLLECTIONS. VARIOUS PERSPECTIVES ARE USED TO INTERPRET THE PAST, WITH AN EMPHASIS ON AUTHENTICITY, ACCURACY, AND INCLUSIVITY.THE EXHIBITS ARE INTENDED TO EDUCATE AND ENLIGHTEN VISITORS AS WELL AS LEAVE THEM WITH A GREATER UNDERSTANDING OF HISTORY, HUMANITY, AND THEMSELVES.

Program 3
Expenses: $217,196 Revenue: $72,787

EDUCATION AND PUBLIC PROGRAMS: THE EDUCATION PROGRAM EXISTS TO DEVELOP IN LOCAL CHILDREN A DEEPER APPRECIATION FOR HISTORY AND HUMAN EXPERIENCE. THE PROGRAM IS BASED ON PARTNERSHIP WITH VALDEZ CITY...

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EDUCATION AND PUBLIC PROGRAMS: THE EDUCATION PROGRAM EXISTS TO DEVELOP IN LOCAL CHILDREN A DEEPER APPRECIATION FOR HISTORY AND HUMAN EXPERIENCE. THE PROGRAM IS BASED ON PARTNERSHIP WITH VALDEZ CITY SCHOOLS AND IN USING PRIMARY SOURCES TO HELP CHILDREN EXPLORE HISTORY WITH THEIR OWN MINDS AND HANDS AND FIND MEANING FOR THEMSELVES. THE PUBLIC PROGRAMS HIGHLIGHT THE DIVERSITY OF PEOPLE IN VALDEZ'S PAST AND PRESENT, SERVE AS FORUMS FOR PUBLIC DISCUSSION AND FINDING COMMON GROUND, PROVIDE SOCIAL OPPORTUNITIESFOR RESIDENTS, OFFER A MEETING GROUND FOR VISITORS AND LOCALS, AND OPEN THE EYES OF RESIDENTS TO A WORLD OF EXPERIENCE BEYOND OUR OWN COMMUNITY. LECTURES, SPECIAL EVENTS, MEMBERSHIP PROGRAMS, RECEPTIONS, AND OTHER FUNCTIONS TARGET AN EVER-BROADENING RANGE OF AUDIENCES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $593,361
Program Service Revenue $156,600
Investment Income $226
Other Revenue $34,790
TOTAL REVENUE $784,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $448,894
Fundraising Expenses $44,889
Program Expenses $542,989
Other Expenses $233,621
TOTAL EXPENSES $682,515

Year-over-Year Comparison

2023 2022 Change
Revenue $784,977 $721,795 +0.1%
Expenses $682,515 $707,991 0.0%
Net Income $102,462 $13,804 +6.4%
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
9
Independent Members
9
Employees
15
Volunteers
37

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
$62,473
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA LANE DIRECTOR 1.00
Director
$0 $0 $0
GARY MINISH PRESIDENT 7.00
Director
$0 $0 $0
RICHARD DUNKIN DIRECTOR 1.00
Director
$0 $0 $0
MARTHA BARBERIO VICE PRESIDENT 5.00
Director
$0 $0 $0
JIM SHIRRELL TREASURER 2.00
Director
$0 $0 $0
KAREN ALLRED DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE CULLEN SECRETARY 2.00
Director
$0 $0 $0
NANCI HILL DIRECTOR 2.00
Director
$0 $0 $0
KATIE CARR DIRECTOR 1.00
Director
$0 $0 $0
FAITH REVELL INTERIM EXECUTIVE DIRECTOR 40.00
Officer
$62,473 $0 $62,473
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $784,977 $682,515 $535,318 $102,462
2022 $721,795 $707,991 $429,851 $13,804
2021 $617,040 $621,138 $412,960 $-4,098
2020 $657,055 $595,535 $432,094 $61,520
2019 $662,990 $639,246 $362,083 $23,744
2018 $625,507 $616,532 $335,481 $8,975
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