Civic Intelligence

Pavek Museum

990 • Fiscal year 2016 • EIN 41-1573809

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization ProfileWWW.MUSEUMOFBROADCASTING.ORG

View Organization Page

3515-17 Raleigh AvenueSt Louis Park, MN 55416

(952) 926-8198

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.11x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

11th percentile

-31%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

25th percentile

-4.0%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-62%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$1,815,842

Down $75,832 (-4.0%) from 2015

Net Assets

Down

$1,779,255

Down $99,096 (-5.3%) from 2015

Liabilities

Up

$36,587

Up $23,264 (+175%) from 2015

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin11th percentile

Revenue

Down

$323,291

Down $521,607 (-62%) from 2015

Expenses

Up

$422,387

Up $52,417 (+14%) from 2015

Net Income

Down

-$99,096

Down $574,024 (-121%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,519,254Liabilities 2010: $15,691Net Assets 2010: $1,503,5632010Assets 2011: $1,375,704Liabilities 2011: $15,471Net Assets 2011: $1,360,2332011Assets 2012: $1,426,479Liabilities 2012: $16,329Net Assets 2012: $1,410,1502012Assets 2013: $1,402,551Liabilities 2013: $16,777Net Assets 2013: $1,385,7742013Assets 2014: $1,431,266Liabilities 2014: $27,843Net Assets 2014: $1,403,4232014Assets 2015: $1,891,674Liabilities 2015: $13,323Net Assets 2015: $1,878,3512015Assets 2016: $1,815,842Liabilities 2016: $36,587Net Assets 2016: $1,779,2552016Assets 2017: $1,641,808Liabilities 2017: $17,075Net Assets 2017: $1,624,7332017Assets 2018: $1,529,193Liabilities 2018: $20,269Net Assets 2018: $1,508,9242018Assets 2019: $5,500,235Liabilities 2019: $27,671Net Assets 2019: $5,472,5642019Assets 2020: $5,968,706Liabilities 2020: $67,998Net Assets 2020: $5,900,7082020Assets 2021: $6,139,052Liabilities 2021: $105,240Net Assets 2021: $6,033,8122021Assets 2022: $4,972,759Liabilities 2022: $44,689Net Assets 2022: $4,928,0702022Assets 2023: $4,498,437Liabilities 2023: $62,074Net Assets 2023: $4,436,3632023Assets 2024: $4,180,938Liabilities 2024: $47,410Net Assets 2024: $4,133,5282024

Highlighted filing

2016

Assets$1,815,842
Liabilities$36,587
Net Assets$1,779,255
Open 2016 Filing

Operations Trend

Revenue Growth4th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $193,346Expenses 2010: $433,563Net Income 2010: -$240,2172010Revenue 2011: $247,506Expenses 2011: $390,836Net Income 2011: -$143,3302011Revenue 2012: $409,857Expenses 2012: $359,940Net Income 2012: $49,9172012Revenue 2013: $378,029Expenses 2013: $395,993Net Income 2013: -$17,9642013Revenue 2014: $375,088Expenses 2014: $357,439Net Income 2014: $17,6492014Revenue 2015: $844,898Expenses 2015: $369,970Net Income 2015: $474,9282015Revenue 2016: $323,291Expenses 2016: $422,387Net Income 2016: -$99,0962016Revenue 2017: $353,290Expenses 2017: $507,812Net Income 2017: -$154,5222017Revenue 2018: $351,429Expenses 2018: $467,238Net Income 2018: -$115,8092018Revenue 2019: $4,524,039Expenses 2019: $560,445Net Income 2019: $3,963,5942019Revenue 2020: $541,510Expenses 2020: $668,971Net Income 2020: -$127,4612020Revenue 2021: $709,013Expenses 2021: $835,208Net Income 2021: -$126,1952021Revenue 2022: $497,954Expenses 2022: $958,839Net Income 2022: -$460,8852022Revenue 2023: $456,590Expenses 2023: $1,072,154Net Income 2023: -$615,5642023Revenue 2024: $569,519Expenses 2024: $1,111,693Net Income 2024: -$542,1742024

Highlighted filing

2016

Revenue$323,291
Expenses$422,387
Net Income-$99,096
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$323,579
Mission and Program Overview

Mission

To share how pioneers in electronic communications created enormous impacts on the evolution of society, to inspire in people a passion to make contributions to our quality of life through science and the communication arts & to preserve the rich mosaic of the development of electronic communications through a historically significant, permanent, and living repository.

To bring to the community at large a broader knowledge of how pioneers in electronic communications created enormous impact on evolution of society, and to stimulate in young people a new recognition of the practical and real contributions to our quality of life that exploring science and the communication arts can bring, and to provide a permanent and living repository for the preservation of historically significant apparatus, material and documents relating to the rich mosaic of the development of electronic communications.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$573,936$691,290▲ $117,354
Land, Buildings, and Equipment, Net$414,270$440,849▲ $26,579
Pledges and Grants Receivable$502,884$285,670▼ $217,214
Cash and Non-Interest-Bearing Accounts$154,515$149,405▼ $5,110
Prepaid Expenses and Deferred Charges$9,244$13,549▲ $4,305
Inventories for Sale or Use$2,360$2,072▼ $288
Accounts Receivable$1,458$0▼ $1,458
Total Assets$1,891,674$1,815,842▼ $75,832
Other Assets Total$233,007$233,007→ $0
Liabilities
Accounts Payable and Accrued Expenses$13,323$36,587▲ $23,264
Total Liabilities$13,323$36,587▲ $23,264
Net Assets / Fund Balance
Unrestricted Net Assets$1,288,989$1,408,287▲ $119,298
Temporarily Rstr Net Assets$589,362$370,968▼ $218,394
Total Net Assets Fund Balance$1,878,351$1,779,255▼ $99,096
Total Liabilities and Net Assets / Fund Balance$1,891,674$1,815,842▼ $75,832

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$365,849$318,052$683,901
Land$75,000-$75,000
Equipment$0$14,477$14,477
Other Assets Org$233,007--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jeffrey BakkenChair
Brett ParadisDirector
Dan SeemanDirector
Earl BakkenDirector
Ed De La HuntDirector
Elizabeth AmbroseDirector
Georgine BuschDirector
Jim Du BoisDirector
Mark DurenbergerDirector
Paul HedbergDirector
Richard SalitermanDirector
Sandy EllisDirector
Steve LinderDirector
Steve WoodburyDirector
Thomas GavarasDirector
Tom OszmanDirector
Wayne EddyDirector
Erin BakkenSecretary
Loren LuckeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$253,139
Program Service Revenue
$31,676
Investment Income
$455
Other Revenue
$38,021
All Other Contributions
$253,139
Change in Net Assets
$-99,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$323,291
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$288
Total Revenue per Audited Statements
$323,579
Total Revenue per Form 990
$323,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$284,408
Other Expenses$137,979
Total Fundraising Expense$59,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,945$34,703$34,703$231,351
Depreciation Depletion$24,475$2,719-$27,194
Other Employee Benefits$18,625$3,991$3,991$26,607
Payroll Taxes$15,637$3,350$3,351$22,338
All Other Expenses$16,572$3,552$1,885$22,009
Office Expenses-$10,684-$10,684
Fees for Services Legal-$10,314-$10,314
Insurance$8,053$895-$8,948
Fees for Services Accounting$2,880$2,108$2,700$7,688
Fees for Services Other$4,897$1,050$1,049$6,996
Other Expenses$3,400$1,699$1,700$6,799
Pension Plan Contributions$2,878$617$617$4,112
Advertising--$954$954
Total Functional Expenses$285,036$77,601$59,750$422,387

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$422,675
Expenses per Audited Statements$422,387
Total Expenses per Form 990$422,387
Expenses Not Reported on Form 990$288
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The board chair, jeffrey bakken, director earl bakken and director erin bakken have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“Associate director reviews the 990 along with the board chair and the treasurer prior to filing.”

Form 990, Part VI, Section B, Line 15

“Annual reviews are completed with consideration of accomplishments of personal and business goals. The associate director prepares a report to the board chair and treasurer for review and approval of staff salaries.”

Form 990, Part VI, Section C, Line 19

“Available at the office upon request.”

Filing and Contact Details

Filer

Filer Name
Pavek Museum of Broadcasting
EIN
41-1573809
Phone
9529268198
Address
3515-17 RALEIGH AVENUE, ST LOUIS PARK, MN 55416

Signing Officer

Name
Jeffrey Bakken
Title
Chair
Phone
9529268198
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Bakken
Formed
1986
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
19
Employees
8
Volunteers
10

Preparer

Firm
Carlson Advisors Llp
Address
7101 NORTHLAND CIRCLE SUITE 123, MINNEAPOLIS, MN 55428
Preparer
Darren Kray
Phone
7635358150
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Repairs & maintenance: program service expenses 4,773. Management and general expenses 402. Fundraising expenses 0. Total expenses 5,175. Printing: program service expenses 4,115. Management and general expenses 457. Fundraising expenses 0. Total expenses 4,572. Telephone: program service expenses 2,096. Management and general expenses 2,095. Fundraising expenses 0. Total expenses 4,191. Miscellaneous: program service expenses 2,502. Management and general expenses 598. Fundraising expenses 598. Total expenses 3,698. Workshops: program service expenses 3,086. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,086. Special event expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 1,287. Total expenses 1,287.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“INVENTORY COSTS 288.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“INVENTORY COSTS 288.”

Raw XML AppendixShowing 400 of 533 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01934
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IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03991
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt026607
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IRS990/OtherExpensesGrp/Desc2STORAGE
IRS990/OtherExpensesGrp/Desc3POSTAGE & SHIPPING
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IRS990/OtherExpensesGrp/FundraisingAmt11700
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01919
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IRS990/OtherExpensesGrp/ProgramServicesAmt017274
IRS990/OtherExpensesGrp/ProgramServicesAmt18400
IRS990/OtherExpensesGrp/ProgramServicesAmt23400
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IRS990/OtherExpensesGrp/TotalAmt18800
IRS990/OtherExpensesGrp/TotalAmt28400
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IRS990/PayrollTaxesGrp/FundraisingAmt03351
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IRS990/PayrollTaxesGrp/ProgramServicesAmt015637
IRS990/PayrollTaxesGrp/TotalAmt022338
IRS990/PensionPlanContributionsGrp/FundraisingAmt0617
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0617
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02878
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IRS990/PYProgramServiceRevenueAmt035935
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IRS990/PYSalariesCompEmpBnftPaidAmt0257393
IRS990/PYTotalExpensesAmt0369970
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IRS990/PYTotalRevenueAmt0844898
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-99096
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/TotalSupportAmt02104151
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,815,842
Liabilities
$36,587
Net assets
$1,779,255
Revenue
$323,291
Expenses
$422,387
Net income
-$99,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.05$4.13$0.57$1.11$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$0.06$4.44$0.46$1.07$0.62
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.04$4.93$0.50$0.96$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.14$0.11$6.03$0.71$0.84$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.97$0.07$5.90$0.54$0.67$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$0.03$5.47$4.52$0.56$3.96
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.02$1.51$0.35$0.47$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.02$1.62$0.35$0.51$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.82$0.04$1.78$0.32$0.42$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.01$1.88$0.84$0.37$0.47
2014Summary only. Only limited summary data is available for this year.$1.43$0.03$1.40$0.38$0.36$0.02
2013Summary only. Only limited summary data is available for this year.$1.40$0.02$1.39$0.38$0.40$0.02
2012Summary only. Only limited summary data is available for this year.$1.43$0.02$1.41$0.41$0.36$0.05
2011Summary only. Only limited summary data is available for this year.$1.38$0.02$1.36$0.25$0.39$0.14
2010Summary only. Only limited summary data is available for this year.$1.52$0.02$1.50$0.19$0.43$0.24
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits