Civic Intelligence

Wyalusing Valley Museum Assoc

990 • Fiscal year 2018 • EIN 23-2178428

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 06, 2019

25 Main StreetWyalusing, PA 18853

(570) 746-3979

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

26th percentile

-7.8%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

41st percentile

-2.3%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-58%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$324,555

Down $7,638 (-2.3%) from 2017

Net Assets

Down

$324,098

Down $7,516 (-2.3%) from 2017

Liabilities

Down

$457

Down $122 (-21%) from 2017

Revenue

Down

$95,940

Down $130,436 (-58%) from 2017

Expenses

Up

$103,456

Up $24,801 (+32%) from 2017

Net Income

Down

-$7,516

Down $155,237 (-105%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2015: $130,907Net Assets 2015: $130,9072015Assets 2016: $183,893Net Assets 2016: $183,8932016Assets 2017: $332,193Liabilities 2017: $579Net Assets 2017: $331,6142017Assets 2018: $324,555Liabilities 2018: $457Net Assets 2018: $324,0982018Assets 2019: $338,331Liabilities 2019: $3,406Net Assets 2019: $334,9252019Assets 2020: $387,933Liabilities 2020: $1,674Net Assets 2020: $386,2592020Assets 2021: $457,258Liabilities 2021: $1,613Net Assets 2021: $455,6452021Assets 2022: $654,233Liabilities 2022: $720Net Assets 2022: $653,5132022Assets 2023: $803,587Liabilities 2023: $124,512Net Assets 2023: $679,0752023Assets 2024: $804,876Liabilities 2024: $1,153Net Assets 2024: $803,7232024

Highlighted filing

2018

Assets$324,555
Liabilities$457
Net Assets$324,098

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $72,574Expenses 2015: $30,524Net Income 2015: $42,0502015Revenue 2016: $90,254Expenses 2016: $37,268Net Income 2016: $52,9862016Revenue 2017: $226,376Expenses 2017: $78,655Net Income 2017: $147,7212017Revenue 2018: $95,940Expenses 2018: $103,456Net Income 2018: -$7,5162018Revenue 2019: $80,081Expenses 2019: $69,254Net Income 2019: $10,8272019Revenue 2020: $105,828Expenses 2020: $54,494Net Income 2020: $51,3342020Revenue 2021: $137,088Expenses 2021: $67,702Net Income 2021: $69,3862021Revenue 2022: $266,845Expenses 2022: $68,977Net Income 2022: $197,8682022Revenue 2023: $112,908Expenses 2023: $87,346Net Income 2023: $25,5622023Revenue 2024: $209,414Expenses 2024: $84,766Net Income 2024: $124,6482024

Highlighted filing

2018

Revenue$95,940
Expenses$103,456
Net Income-$7,516
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$96,141
Mission and Program Overview

Mission

To educate, preserve, and interpret the rich history and culture of the wyalusing valley and contiguous area of the southeastern corner of bradford county through displays and programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$196,143$188,896▼ $7,247
Cash and Non-Interest-Bearing Accounts$84,955$86,274▲ $1,319
Savings and Temporary Cash Investments$44,894$43,251▼ $1,643
Inventories for Sale or Use$6,201$6,001▼ $200
Accounts Receivable-$133-
Total Assets$332,193$324,555▼ $7,638
Liabilities
Other Liabilities$579$457▼ $122
Total Liabilities$579$457▼ $122
Net Assets / Fund Balance
Unrestricted Net Assets$282,000$252,662▼ $29,338
Temporarily Rstr Net Assets$49,614$71,436▲ $21,822
Total Net Assets Fund Balance$331,614$324,098▼ $7,516
Total Liabilities and Net Assets / Fund Balance$332,193$324,555▼ $7,638

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$188,896$10,391-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary SkillingsPresident
Ruth ParsonsVice President
Adam WoodruffDirector
Alice AllynDirector
Ann OvermanDirector
Ben ChamberlinDirector
Bob PrichardDirector
Laurie ManneyDirector
Mark MadillDirector
Marsha EatonDirector
Melody BuckDirector
Sheryl BalcombSecretary
Karl PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$85,143
Program Service Revenue
$0
Investment Income
$10,608
Other Revenue
$189
All Other Contributions
$45,460
Change in Net Assets
$-7,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,741
Total Fundraising Expense$42,320
Salaries, Compensation, and Employee Benefits$10,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$15,952$2,382-$18,334
Fees for Services Other$13,150--$13,150
All Other Expenses--$11,490$11,490
Other Salaries and Wages$4,675$5,063-$9,738
Insurance$6,880$1,335$350$8,565
Depreciation Depletion$7,247--$7,247
Advertising$345$134$6,064$6,543
Other Expenses--$4,097$4,097
Office Expenses$328$1,269$207$1,804
Fees for Services Accounting-$1,399-$1,399
Payroll Taxes$469$508-$977
Total Functional Expenses$49,046$12,090$42,320$103,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Festiva$29,615$18,425$6,864$11,561
New Years$6,220$6,220$2,135$4,085
Total Events$35,835$24,645$29,256$-4,611
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Max GannonBrother of Current OfficerPurchase of InsuranceNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$442
Sales Tax Payable$15
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Board members (directors) ann overman and marsha eaton are daughter and mother, respectively.

Form 990 governing body review Part VI line 11

Form 990 is submitted by the preparer to the board for review and permission prior to filing.

Conflict of interest policy compliance Part VI line 12C

The organization has a written conflict of interest policy that requires all board members to disclose conflicts of interest when entering into a transaction that might benefit the private interests of an officer or director. The policy addresses procedures and each board member is required to complete a conflict of interest statement annually.

Governing documents etc available to public Part VI line 19

All requested documents will be made available to the public upon request. Requests should be made at the museum in wyalusing, pennsylvania.

Filing and Contact Details

Filer

Filer Name
Wyalusing Valley Museum Association
EIN
23-2178428
Address
25 MAIN STREET, WYALUSING, PA 18853

Signing Officer

Name
Karl Peterson
Title
Treasurer
Phone
5707463979
Signed
2019-11-06
Discuss with paid preparer
No

Organization Details

Principal Officer
Mary Skillings
Formed
1980
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
26

Preparer

Firm
Hallockshannon Pc
Address
PO BOX 512, WYALUSING, PA 18853
Preparer
Melinda Shannon CPA
Phone
5707461510
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Architectural services $3,750lodge hall preservation plan $9,400

List of other expenses Part IX line 24E

Contributions and donations $12,250

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IRS990/OtherLiabilitiesGrp/BOYAmt0579
IRS990/OtherLiabilitiesGrp/EOYAmt0457
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05063
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04675
IRS990/OtherSalariesAndWagesGrp/TotalAmt09738
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0508
IRS990/PayrollTaxesGrp/ProgramServicesAmt0469
IRS990/PayrollTaxesGrp/TotalAmt0977
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARY SKILLINGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0224322
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0276
IRS990/PYOtherExpensesAmt068233
IRS990/PYOtherRevenueAmt01778
IRS990/PYRevenuesLessExpensesAmt0147721
IRS990/PYSalariesCompEmpBnftPaidAmt010422
IRS990/PYTotalExpensesAmt078655
IRS990/PYTotalRevenueAmt0226376
IRS990/ReconcilationRevenueExpnssAmt0-7516
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt044894
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt088709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0151867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt084608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt075842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0423052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0608
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt065
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01130
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97480
IRS990ScheduleA/PublicSupportPY170Pct00.89130
IRS990ScheduleA/PublicSupportTotal170Amt0413504
IRS990ScheduleA/SubstantialContributorsTotAmt09548
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt088709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0151867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt084608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt075842
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022026
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0423052
IRS990ScheduleA/TotalSupportAmt0424182
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0188896
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010391
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0199287
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0188896
IRS990ScheduleD/TotalLiabilityAmt0457
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt011190
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt011190
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029256
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0900
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0900
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WINE FESTIVA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NEW YEARS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01604
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt013596
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt015200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035835
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018425
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024645
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4611
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08999
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06864
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02135
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04157
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04157
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MAX GANNON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BROTHER OF CURRENT OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PURCHASE OF INSURANCE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS (DIRECTORS) ANN OVERMAN AND MARSHA EATON ARE DAUGHTER AND MOTHER, RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS SUBMITTED BY THE PREPARER TO THE BOARD FOR REVIEW AND PERMISSION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES ALL BOARD MEMBERS TO DISCLOSE CONFLICTS OF INTEREST WHEN ENTERING INTO A TRANSACTION THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF AN OFFICER OR DIRECTOR. THE POLICY ADDRESSES PROCEDURES AND EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUESTED DOCUMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS SHOULD BE MADE AT THE MUSEUM IN WYALUSING, PENNSYLVANIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARCHITECTURAL SERVICES $3,750LODGE HALL PRESERVATION PLAN $9,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRIBUTIONS AND DONATIONS $12,250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt049614
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt071436
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0332193
IRS990/TotalAssetsEOYAmt0324555
IRS990/TotalAssetsGrp/BOYAmt0332193
IRS990/TotalAssetsGrp/EOYAmt0324555

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