Civic Intelligence

Dakota Sunset Museum Inc.

990 • Fiscal year 2020 • EIN 46-0377948

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

205 W Commercial AvenueGettysburg, SD 57442

(605) 765-2480

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

96th percentile

80%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

54th percentile

$8,930

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

88th percentile

80%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

413%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$673,725

Up $298,784 (+80%) from 2019

Net Assets

Up

$673,725

Up $298,784 (+80%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$375,590

Up $302,444 (+413%) from 2019

Expenses

Down

$76,806

Down $2,896 (-3.6%) from 2019

Net Income

Up

$298,784

Up $305,340 (+4657%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $399,751Liabilities 2011: $0Net Assets 2011: $399,7512011Assets 2012: $406,538Liabilities 2012: $0Net Assets 2012: $406,5382012Assets 2013: $400,652Liabilities 2013: $0Net Assets 2013: $400,6522013Assets 2014: $412,867Liabilities 2014: $0Net Assets 2014: $412,8672014Assets 2015: $407,746Liabilities 2015: $0Net Assets 2015: $407,7462015Assets 2016: $397,336Liabilities 2016: $0Net Assets 2016: $397,3362016Assets 2017: $387,542Liabilities 2017: $0Net Assets 2017: $387,5422017Assets 2018: $381,497Liabilities 2018: $0Net Assets 2018: $381,4972018Assets 2019: $374,941Liabilities 2019: $0Net Assets 2019: $374,9412019Assets 2020: $673,725Liabilities 2020: $0Net Assets 2020: $673,7252020Assets 2021: $667,348Liabilities 2021: $0Net Assets 2021: $667,3482021Assets 2022: $645,105Liabilities 2022: $0Net Assets 2022: $645,1052022Assets 2023: $638,382Liabilities 2023: $0Net Assets 2023: $638,3822023Assets 2024: $656,152Liabilities 2024: $0Net Assets 2024: $656,1522024

Highlighted filing

2020

Assets$673,725
Liabilities$0
Net Assets$673,725

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $63,610Expenses 2011: $48,474Net Income 2011: $15,1362011Revenue 2012: $54,160Expenses 2012: $47,373Net Income 2012: $6,7872012Revenue 2013: $39,031Expenses 2013: $44,917Net Income 2013: -$5,8862013Revenue 2014: $59,025Expenses 2014: $46,810Net Income 2014: $12,2152014Revenue 2015: $48,070Expenses 2015: $51,106Net Income 2015: -$3,0362015Revenue 2016: $39,748Expenses 2016: $50,158Net Income 2016: -$10,4102016Revenue 2017: $41,369Expenses 2017: $51,163Net Income 2017: -$9,7942017Revenue 2018: $67,940Expenses 2018: $73,985Net Income 2018: -$6,0452018Revenue 2019: $73,146Expenses 2019: $79,702Net Income 2019: -$6,5562019Revenue 2020: $375,590Expenses 2020: $76,806Net Income 2020: $298,7842020Revenue 2021: $76,639Expenses 2021: $83,016Net Income 2021: -$6,3772021Revenue 2022: $56,792Expenses 2022: $79,035Net Income 2022: -$22,2432022Revenue 2023: $78,504Expenses 2023: $85,227Net Income 2023: -$6,7232023Revenue 2024: $97,763Expenses 2024: $79,993Net Income 2024: $17,7702024

Highlighted filing

2020

Revenue$375,590
Expenses$76,806
Net Income$298,784
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$375,636
Mission and Program Overview

Mission

To collect, preserve and display articles, specimens and data touching on the early history of south dakota and the united states

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$374,941$673,725▲ $298,784
Land, Buildings, and Equipment, Net$278,688$268,734▼ $9,954
Investments in Publicly Traded Securities$54,110$256,126▲ $202,016
Cash and Non-Interest-Bearing Accounts$28,395$135,159▲ $106,764
Savings and Temporary Cash Investments$13,110$13,114▲ $4
Inventories for Sale or Use$630$584▼ $46
Total Assets$374,941$673,725▲ $298,784
Other Assets Total$8$8→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$374,941$673,725▲ $298,784
Total Liabilities and Net Assets / Fund Balance$374,941$673,725▲ $298,784

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$213,321$324,691-
Other Land Buildings$26,034$24,796-
Land$11,834--
Equipment$17,545$36,393-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary Carol PottsCurator, Treasurer & DirectorPT$8,930$8,930

Board Members and Trustees

NameTitle
Bob PottsPresident & Director
Ken IversonVice President & Director
Dan OsierDirector
David LarsonDirector
Eileen JostDirector
Holly WrightDirector
Kathleen SchlachterDirector
Mark RobbennoltDirector
Mary QuiettDirector
Judy HellhakeSecretary & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$372,873
Program Service Revenue
$26
Investment Income
$2,020
Other Revenue
$671
All Other Contributions
$332,859
Change in Net Assets
$298,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,570
Salaries, Compensation, and Employee Benefits$23,236
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,391$2,100$0$21,491
Depreciation Depletion$11,264$9,190$0$20,454
Occupancy$12,697$1,500$0$14,197
Insurance$6,987$4,658$0$11,645
Office Expenses$1,973$0$0$1,973
Payroll Taxes$1,582$163$0$1,745
Fees for Services Accounting$1,278$0$0$1,278
Advertising$355$0$0$355
Other Expenses$31$0$0$31
Total Functional Expenses$56,050$20,756$0$76,806
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
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Dakota Sunset Museum
EIN
46-0377948
Phone
6057652480
Address
205 W COMMERCIAL AVENUE, GETTYSBURG, SD 57442

Signing Officer

Name
Bob Potts
Title
President
Phone
6057652480
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Potts
Formed
1984
Legal Domicile
Sd
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
4

Preparer

Firm
Neumayr & Smith
Address
105 N EXENE ST, GETTYSBURG, SD 57442
Preparer
Craig E Smith
Phone
6057652494
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members.

Pt VI, Line 7A

The organization's members elect the board of directors.

Pt VI, Line 8B

The organization has one governing body. There are no separate committees.

Pt VI, Line 11B

There is no process by which this organization reviews this form 990. Directors and officers may request to view the form 990 at any time.

Pt VI, Line 19

This organization makes its governing documents and financial statements available to the public and upon request, anyone may review them. The documents and records are kept and are available at any time during regular business hours at the museum.

Pt VI, Line 1A

There are no material differences in voting rights among members of the governing body and the governing body did not deligate broad authority to an executive committee or similar committee.

Pt VI, Line 2

Bob potts and mary carol potts are husband and wife.

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IRS990/ProgSrvcAccomActy3Grp/Desc0TO MAINTAIN AND GIVE FREE TOURS OF AN OLD BLACKSMITH SHOP, COUNTRY SCHOOL HOUSE AND OTHER HISTORICAL BUILDINGS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01500
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt070169
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02336
IRS990/PYOtherExpensesAmt052041
IRS990/PYOtherRevenueAmt0641
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-6556
IRS990/PYSalariesCompEmpBnftPaidAmt027661
IRS990/PYTotalExpensesAmt079702
IRS990/PYTotalRevenueAmt073146
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0298784
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013110
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013114
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0372873
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt070169
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt065000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt066971
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt065731
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0640744
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02336
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01382
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09663
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02336
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01382
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09663
IRS990ScheduleA/InvestmentIncomeCYPct00.01480
IRS990ScheduleA/InvestmentIncomePYPct00.02600
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0697
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0641
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0705
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0896
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0936
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03875
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.97930
IRS990ScheduleA/PublicSupportPY509Pct00.96160
IRS990ScheduleA/PublicSupportTotal509Amt0640744
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0372873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt070169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt065000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt066971
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt065731
IRS990ScheduleA/Total509Grp/TotalAmt0640744
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0654282
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/BookValueAmt0213321
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0324691
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0538012
IRS990ScheduleD/EquipmentGrp/BookValueAmt017545
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036393
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt053938
IRS990ScheduleD/LandGrp/BookValueAmt011834
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt011834
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026034
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024796
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050830
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0268734
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ONE GOVERNING BODY. THERE ARE NO SEPARATE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS NO PROCESS BY WHICH THIS ORGANIZATION REVIEWS THIS FORM 990. DIRECTORS AND OFFICERS MAY REQUEST TO VIEW THE FORM 990 AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AND UPON REQUEST, ANYONE MAY REVIEW THEM. THE DOCUMENTS AND RECORDS ARE KEPT AND ARE AVAILABLE AT ANY TIME DURING REGULAR BUSINESS HOURS AT THE MUSEUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE NO MATERIAL DIFFERENCES IN VOTING RIGHTS AMONG MEMBERS OF THE GOVERNING BODY AND THE GOVERNING BODY DID NOT DELIGATE BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE OR SIMILAR COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOB POTTS AND MARY CAROL POTTS ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0374941
IRS990/TotalAssetsEOYAmt0673725
IRS990/TotalAssetsGrp/BOYAmt0374941
IRS990/TotalAssetsGrp/EOYAmt0673725
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0372873
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020756
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056050

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.56$0.00$6.56$0.98$0.80$0.18
2023Detailed filing. Detailed filing data is available for this year.$6.38$0.00$6.38$0.79$0.85$0.07
2022Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.57$0.79$0.22
2021Detailed filing. Detailed filing data is available for this year.$6.67$0.00$6.67$0.77$0.83$0.06
2020Detailed filing. Detailed filing data is available for this year.$6.74$0.00$6.74$3.76$0.77$2.99
2019Summary only. Only limited summary data is available for this year.$3.75$0.00$3.75$0.73$0.80$0.07
2018Summary only. Only limited summary data is available for this year.$3.81$0.00$3.81$0.68$0.74$0.06
2017Summary only. Only limited summary data is available for this year.$3.88$0.00$3.88$0.41$0.51$0.10
2016Summary only. Only limited summary data is available for this year.$3.97$0.00$3.97$0.40$0.50$0.10
2015Summary only. Only limited summary data is available for this year.$4.08$0.00$4.08$0.48$0.51$0.03
2014Summary only. Only limited summary data is available for this year.$4.13$0.00$4.13$0.59$0.47$0.12
2013Summary only. Only limited summary data is available for this year.$4.01$0.00$4.01$0.39$0.45$0.06
2012Summary only. Only limited summary data is available for this year.$4.07$0.00$4.07$0.54$0.47$0.07
2011Summary only. Only limited summary data is available for this year.$4.00$0.00$4.00$0.64$0.48$0.15