Civic Intelligence

Maysville & Mason Co Library

EIN 61-0444776 • 501(c)3 • Maysville, KY

Profile

The kentucky gateway museum center educates visitors by offering dynamic collections, exhibits, and a genealogical-historical library. We bring all the stories of the maysville region into fascinating focus. Our genealogical & historical research library sheds light on the people and events of a seven-county area through an extensive collection of books, manuscripts and documents from the past 300 years.

215 Sutton StreetMaysville, KY 41056

www.kygmc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.03x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

24th percentile

-6.6%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

38th percentile

0.5%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

49%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,029,561

Up $45,078 (+0.5%) from 2023

Liabilities

Down

$20,202

Down $1,765 (-8.0%) from 2023

Net Assets

Up

$9,009,359

Up $46,843 (+0.5%) from 2023

Revenue

Up

$797,943

Up $262,676 (+49%) from 2023

Expenses

Up

$850,214

Up $14,136 (+1.7%) from 2023

Net Income

Up

-$52,271

Up $248,540 (+83%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2016: $7,774,148Liabilities 2016: $22,561Net Assets 2016: $7,751,5872016Assets 2017: $8,248,593Liabilities 2017: $23,390Net Assets 2017: $8,225,2032017Assets 2018: $8,205,466Liabilities 2018: $23,832Net Assets 2018: $8,181,6342018Assets 2019: $9,005,213Liabilities 2019: $23,572Net Assets 2019: $8,981,6412019Assets 2020: $9,159,346Liabilities 2020: $27,094Net Assets 2020: $9,132,2522020Assets 2021: $9,762,978Liabilities 2021: $23,504Net Assets 2021: $9,739,4742021Assets 2022: $8,840,380Liabilities 2022: $31,474Net Assets 2022: $8,808,9062022Assets 2023: $8,984,483Liabilities 2023: $21,967Net Assets 2023: $8,962,5162023Assets 2024: $9,029,561Liabilities 2024: $20,202Net Assets 2024: $9,009,3592024

Highlighted filing

2024

Assets$9,029,561
Liabilities$20,202
Net Assets$9,009,359

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $541,071Expenses 2016: $610,340Net Income 2016: -$69,2692016Revenue 2017: $847,686Expenses 2017: $656,678Net Income 2017: $191,0082017Revenue 2018: $1,091,766Expenses 2018: $741,679Net Income 2018: $350,0872018Revenue 2019: $1,148,934Expenses 2019: $832,743Net Income 2019: $316,1912019Revenue 2020: $790,255Expenses 2020: $723,570Net Income 2020: $66,6852020Revenue 2021: $782,773Expenses 2021: $828,677Net Income 2021: -$45,9042021Revenue 2022: $1,111,739Expenses 2022: $881,971Net Income 2022: $229,7682022Revenue 2023: $535,267Expenses 2023: $836,078Net Income 2023: -$300,8112023Revenue 2024: $797,943Expenses 2024: $850,214Net Income 2024: -$52,2712024

Highlighted filing

2024

Revenue$797,943
Expenses$850,214
Net Income-$52,271

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 17, 2025
Return Version
2024v5.0
Gross Receipts
$906,540
Mission and Program Overview

Mission

The kentucky gateway museum center educates visitors by offering dynamic collections, exhibits, and a genealogical-historical library. We bring all the stories of the maysville region into fascinating focus. Our genealogical & historical research library sheds light on the people and events of a seven-county area through an extensive collection of books, manuscripts and documents from the past 300 years.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,452,460$4,737,356▲ $284,896
Land, Buildings, and Equipment, Net$4,192,021$4,020,254▼ $171,767
Inventories for Sale or Use$145,257$149,466▲ $4,209
Cash and Non-Interest-Bearing Accounts$194,745$122,485▼ $72,260
Total Assets$8,984,483$9,029,561▲ $45,078
Liabilities
Other Liabilities$18,187$16,422▼ $1,765
Accounts Payable and Accrued Expenses$3,780$3,780→ $0
Total Liabilities$21,967$20,202▼ $1,765
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,962,516$9,009,359▲ $46,843
Total Net Assets Fund Balance$8,962,516$9,009,359▲ $46,843
Total Liabilities and Net Assets / Fund Balance$8,984,483$9,029,561▲ $45,078

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,020,254$3,314,101$6,974,257
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gerry SchumacherPresident /
Adam HintonTrustee
Alexander StewartTrustee
Carey SevenTrustee
Chris BauerTrustee
Kaye BrowningTrustee
Rod BakerTrustee
Ron BaileyTrustee
Tim BrannenTrustee
Dan FanninTreasurer /
Revenue and Support

Revenue Composition

Contributions and Grants
$560,704
Program Service Revenue
$66,446
Investment Income
$170,793
Other Revenue
$0
All Other Contributions
$501,479
Change in Net Assets
$-52,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$850,214
Total Fundraising Expense$8,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$256,042$66,265-$322,307
Depreciation Depletion$176,462--$176,462
Fees for Services Other$84,019-$8,238$92,257
Fees for Service Investment Mgmnt Fees$14,928$14,930-$29,858
Insurance$14,614$9,742-$24,356
All Other Expenses$8,987$6,584-$15,571
Advertising$12,561--$12,561
Other Expenses$6,517$2,173-$8,690
Fees for Services Accounting$150--$150
Total Functional Expenses$702,590$139,386$8,238$850,214
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Current Liabilities$12,658
Credit Card$3,764
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board of directors review form 990 prior to filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Maysville & Mason Co Library
EIN
61-0444776
Phone
8592922468
Address
215 SUTTON STREET, MAYSVILLE, KY 41056

Signing Officer

Name
Dan Fannin
Title
Treasurer / Trustee
Phone
6065645865
Signed
2025-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerry Schumacher
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
27

Preparer

Firm
Keith & Associates Pllc
Address
715 BAKEWELL ST, COVINGTON, KY 41011-1227
Preparer
R Frederick Keith
Phone
8592616800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The kentucky gateway museum center educates visitors by offering dynamic collections, exhibits, and a genealogical-historical library. We bring all the stories of the maysville region into fascinating focus. Our genealogical & historical research library sheds light on the people and events of a seven-county area through an extensive collection of books, manuscripts and documents from the past 300 years.

Form 990, Part IX, Line 11G

Contract labor 15,318 0 0 exhibits 68,701 0 0 gift shop expenses 0 0 7,317 fund raising expense 0 0 921 total 84,019 0 8,238

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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
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IRS990ScheduleD/TotalLiabilityAmt016422
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE KENTUCKY GATEWAY MUSEUM CENTER EDUCATES VISITORS BY OFFERING DYNAMIC COLLECTIONS, EXHIBITS, AND A GENEALOGICAL-HISTORICAL LIBRARY. WE BRING ALL THE STORIES OF THE MAYSVILLE REGION INTO FASCINATING FOCUS. OUR GENEALOGICAL & HISTORICAL RESEARCH LIBRARY SHEDS LIGHT ON THE PEOPLE AND EVENTS OF A SEVEN-COUNTY AREA THROUGH AN EXTENSIVE COLLECTION OF BOOKS, MANUSCRIPTS AND DOCUMENTS FROM THE PAST 300 YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEW FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR 15,318 0 0 EXHIBITS 68,701 0 0 GIFT SHOP EXPENSES 0 0 7,317 FUND RAISING EXPENSE 0 0 921 TOTAL 84,019 0 8,238
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/USAddress/AddressLine1Txt0815 TERRA HAUTE DR
IRS990/USAddress/CityNm0MAYSVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041056
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IRS990/WebsiteAddressTxt0WWW.KYGMC.ORG
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN FANNIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER / TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06065645865
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAYSVILLE & MASON CO LIBRARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HISTORICAL & SCIENTIFIC ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MAYS
ReturnHeader/Filer/EIN0610444776
ReturnHeader/Filer/PhoneNum08592922468
ReturnHeader/Filer/USAddress/AddressLine1Txt0215 SUTTON STREET
ReturnHeader/Filer/USAddress/CityNm0MAYSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041056
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352349774
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEITH & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0715 BAKEWELL ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COVINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0410111227
ReturnHeader/PreparerPersonGrp/PhoneNum08592616800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R FREDERICK KEITH
ReturnHeader/ReturnTs02025-11-17T10:36:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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