Civic Intelligence

International Bluegrass Music Museum Inc.

990 • Fiscal year 2017 • EIN 61-1229037

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 15, 2018

Organization ProfileWWW.BLUEGRASS-MUSEUM.ORG
207 E Second StreetOwensboro, KY 42303

(270) 926-7891

Siviq Scores

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

Liabilities / Assets

79th percentile

0.49x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.07x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

24%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$3,356,695

Down $402,983 (-11%) from 2016

Net Assets

Down

$1,719,443

Down $5,763 (-0.3%) from 2016

Liabilities

Down

$1,637,252

Down $397,220 (-20%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin71st percentile

Revenue

Up

$1,534,326

Up $294,494 (+24%) from 2016

Expenses

Down

$1,328,108

Down $4,301,322 (-76%) from 2016

Net Income

Up

$206,218

Up $4,595,816 (+105%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$10M$5.0M$0Assets 2010: $2,367,797Liabilities 2010: $75,826Net Assets 2010: $2,291,9712010Assets 2011: $2,283,182Liabilities 2011: $69,001Net Assets 2011: $2,214,1812011Assets 2012: $2,164,637Liabilities 2012: $149,432Net Assets 2012: $2,015,2052012Assets 2013: $3,556,245Liabilities 2013: $170,127Net Assets 2013: $3,386,1182013Assets 2014: $5,833,325Liabilities 2014: $160,809Net Assets 2014: $5,672,5162014Assets 2015: $6,325,345Liabilities 2015: $154,776Net Assets 2015: $6,170,5692015Assets 2016: $3,759,678Liabilities 2016: $2,034,472Net Assets 2016: $1,725,2062016Assets 2017: $3,356,695Liabilities 2017: $1,637,252Net Assets 2017: $1,719,4432017Assets 2018: $3,892,343Liabilities 2018: $1,619,368Net Assets 2018: $2,272,9752018Assets 2019: $3,106,416Liabilities 2019: $1,267,052Net Assets 2019: $1,839,3642019Assets 2020: $2,676,462Liabilities 2020: $1,141,597Net Assets 2020: $1,534,8652020Assets 2021: $2,977,508Liabilities 2021: $767,220Net Assets 2021: $2,210,2882021Assets 2022: $3,010,692Liabilities 2022: $697,439Net Assets 2022: $2,313,2532022Assets 2023: $9,596,807Liabilities 2023: $444,997Net Assets 2023: $9,151,8102023Assets 2024: $9,246,137Liabilities 2024: $279,055Net Assets 2024: $8,967,0822024

Highlighted filing

2017

Assets$3,356,695
Liabilities$1,637,252
Net Assets$1,719,443
Open 2017 Filing

Operations Trend

Revenue Growth76th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $640,1502010Revenue 2011: $758,782Expenses 2011: $836,572Net Income 2011: -$77,7902011Revenue 2012: $919,715Expenses 2012: $1,000,542Net Income 2012: -$80,8272012Revenue 2013: $2,447,227Expenses 2013: $1,076,314Net Income 2013: $1,370,9132013Revenue 2014: $3,279,575Expenses 2014: $993,177Net Income 2014: $2,286,3982014Revenue 2015: $1,675,555Expenses 2015: $1,177,502Net Income 2015: $498,0532015Revenue 2016: $1,239,832Expenses 2016: $5,629,430Net Income 2016: -$4,389,5982016Revenue 2017: $1,534,326Expenses 2017: $1,328,108Net Income 2017: $206,2182017Revenue 2018: $1,936,189Expenses 2018: $1,382,657Net Income 2018: $553,5322018Revenue 2019: $1,605,712Expenses 2019: $2,039,324Net Income 2019: -$433,6122019Revenue 2020: $288,014Expenses 2020: $339,628Net Income 2020: -$51,6142020Revenue 2021: $2,312,772Expenses 2021: $1,838,971Net Income 2021: $473,8012021Revenue 2022: $3,031,121Expenses 2022: $3,306,122Net Income 2022: -$275,0012022Revenue 2023: $3,222,960Expenses 2023: $3,306,171Net Income 2023: -$83,2112023Revenue 2024: $3,463,092Expenses 2024: $3,731,392Net Income 2024: -$268,3002024

Highlighted filing

2017

Revenue$1,534,326
Expenses$1,328,108
Net Income$206,218
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 15, 2018
Return Version
2016v3.1
Gross Receipts
$1,546,797
Mission and Program Overview

Mission

To provide museuem tours to the general public which allows visitors to view bluegrass memorabilia, to educate the public on the history of bluegrass music, to provide music programs to educate and entertain, to build new audiences for bluegrass music, to enhance the image of bluegrass music and spur its growth.

The mission of the international bluegrass music museum is to gather, preserve, exhibit and disseminate artifacts, history, collections and performance art of the global history of bluegrass music through an educational experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,574,501$1,507,341▼ $67,160
Investments Program Related$983,179$1,064,146▲ $80,967
Pledges and Grants Receivable$865,793$441,863▼ $423,930
Cash and Non-Interest-Bearing Accounts$227,726$262,905▲ $35,179
Accounts Receivable$49,471$40,962▼ $8,509
Inventories for Sale or Use$40,441$39,478▼ $963
Prepaid Expenses and Deferred Charges$18,567--
Total Assets$3,759,678$3,356,695▼ $402,983
Liabilities
Accounts Payable and Accrued Expenses$334,022$837,802▲ $503,780
Mortgage Notes Payable Secured by Investment Property$1,700,450$799,450▼ $901,000
Total Liabilities$2,034,472$1,637,252▼ $397,220
Net Assets / Fund Balance
Permanently Rstr Net Assets$983,179$1,064,146▲ $80,967
Temporarily Rstr Net Assets$865,793$441,863▼ $423,930
Unrestricted Net Assets$-123,766$213,434▲ $337,200
Total Net Assets Fund Balance$1,725,206$1,719,443▼ $5,763
Total Liabilities and Net Assets / Fund Balance$3,759,678$3,356,695▼ $402,983

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,064,146--
Other Land Buildings$1,507,341$1,258,471-
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Mike SimpsonChairman
Terry WoodwardVice-chairma
Dagfinn PedersenTrustee
Dan HaysTrustee
Dr Dale CockrellTrustee
John MedleyTrustee
Kyle CantrellTrustee
Peter KuykendallTrustee
Phil ClarkTrustee
Ralph WibleTrustee
Rodney BarryTrustee
Ron PayneTrustee
Ross LeasenbyTrustee
Stephanie TaylorTrustee
Vickie VaughnTrustee
Dr Denise JarvinenExecutive Co
Rosemary ConderSecretary
Chris LoveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$407,677
Program Service Revenue
$920,036
Investment Income
$23,102
Other Revenue
$183,511
All Other Contributions
$276,358
Change in Net Assets
$206,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,012,984
Salaries, Compensation, and Employee Benefits$315,124
Total Fundraising Expense$102,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$244,557$43,157-$287,714
All Other Expenses$72,233$16,249$584$89,066
Depreciation Depletion$67,160--$67,160
Advertising$28,606-$9,535$38,141
Other Expenses$34,151$3,795$92,341$37,946
Interest$32,426--$32,426
Payroll Taxes$17,150$5,717-$22,867
Insurance$16,964$1,885-$18,849
Fees for Services Legal-$12,735-$12,735
Fees for Services Accounting-$11,411-$11,411
Office Expenses-$6,886-$6,886
Other Employee Benefits$3,407$1,136-$4,543
Travel$939--$939
Total Functional Expenses$1,122,677$102,971$102,460$1,328,108
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
Backup withholding compliance
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

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“It is the organization's policy to make its governing documents, conflict of interest policy, and financial statements available only upon request.”

Filing and Contact Details

Filer

Filer Name
International Bluegrass Music Museu
EIN
61-1229037
Phone
2709267891
Address
207 E SECOND STREET, OWENSBORO, KY 42303

Signing Officer

Name
Chris Love
Title
Treasurer
Phone
0027092678
Signed
2018-03-15

Organization Details

Principal Officer
Chris Love
Formed
1954
Legal Domicile
Ky
Voting Board Members
18
Independent Board Members
18
Employees
13

Preparer

Firm
Alexander Thompson Arnold Pllc
Address
1735 FREDERICA ST, OWENSBORO, KY 42301
Preparer
Kris Kemp
Phone
2706918981
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To provide museum tours to the general public which allow visitors to view bluegrass memorabilia, to educate the public on the history of bluegrass music, to provide music programs to educate and entertain, to build new audiences for bluegrass music, to enhance the image of bluegrass music and spur its growth”

Form 990, Page 2, Part III, Line 4D

“VARIOUS OTHER EVENTS”

Form 990, Part XI, Line 9

“Cost of goods sold & direct fundraising expenses 0 cost of goods sold & direct fundraising expenses 0”

Raw XML AppendixShowing 400 of 483 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/GrossRentsGrp/RealAmt08161
IRS990/GrossSalesOfInventoryAmt025975
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01885
IRS990/InsuranceGrp/ProgramServicesAmt016964
IRS990/InsuranceGrp/TotalAmt018849
IRS990/InterestGrp/ProgramServicesAmt032426
IRS990/InterestGrp/TotalAmt032426
IRS990/InventoriesForSaleOrUseGrp/BOYAmt040441
IRS990/InventoriesForSaleOrUseGrp/EOYAmt039478
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023102
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023102
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0983179
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01064146
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01258471
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01574501
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01507341
IRS990/LandBldgEquipCostOrOtherBssAmt02765812
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt08165
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE MUSEUM TOURS TO THE GENERAL PUBLIC WHICH ALLOW VISITORS TO VIEW BLUEGRASS MEMORABILIA, TO EDUCATE THE PUBLIC ON THE HISTORY OF BLUEGRASS MUSIC, TO PROVIDE MUSIC PROGRAMS TO EDUCATE AND ENTERTAIN, TO BUILD NEW AUDIENCES FOR BLUEGRASS MUSIC, TO ENHANCE THE IMAGE OF BLUEGRASS MUSIC AND SPUR ITS GROWTH
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01700450
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0799450
IRS990/NetAssetsOrFundBalancesBOYAmt01725206
IRS990/NetAssetsOrFundBalancesEOYAmt01719443
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt013504
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt013504
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08161
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08161
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0658
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06886
IRS990/OfficeExpensesGrp/TotalAmt06886
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01136
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03407
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04543
IRS990/OtherExpensesGrp/Desc0ROMP EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR UNCOLLECT
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS GENERAL
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt092341
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03795
IRS990/OtherExpensesGrp/ProgramServicesAmt0563689
IRS990/OtherExpensesGrp/ProgramServicesAmt141395
IRS990/OtherExpensesGrp/ProgramServicesAmt234151
IRS990/OtherExpensesGrp/TotalAmt0563689
IRS990/OtherExpensesGrp/TotalAmt192341
IRS990/OtherExpensesGrp/TotalAmt241395
IRS990/OtherExpensesGrp/TotalAmt337946
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED GAIN
IRS990/OtherRevenueMiscGrp/Desc1MISC REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt092066
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt169780
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt092066
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt169780
IRS990/OtherRevenueTotalAmt0161846
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043157
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0244557
IRS990/OtherSalariesAndWagesGrp/TotalAmt0287714
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05717
IRS990/PayrollTaxesGrp/ProgramServicesAmt017150
IRS990/PayrollTaxesGrp/TotalAmt022867
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0983179
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01064146
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0865793
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0441863
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018567
IRS990/PrincipalOfficerNm0CHRIS LOVE
IRS990/PriorPeriodAdjustmentsAmt0-211981
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/Desc0RIVER OF MUSIC FESTIVAL-ROMP
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS GENERAL
IRS990/ProgramServiceRevenueGrp/Desc2BLUEGRASS IN THE SCHOOLS
IRS990/ProgramServiceRevenueGrp/Desc3ADMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0793369
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt157114
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt251865
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317688
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0793369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt157114
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt251865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317688
IRS990/ProgSrvcAccomActy2Grp/Desc0BLUEGRASS IN THE SCHOOLS (BITS): WE PROVIDE ALL-SCHOOL BLUEGRASS ASSEMBLY PROGRAMS AND HANDS-ON CLASSROOM INSTRUCTION TO OVER 8,500 ELEMENTARY STUDENTS. ANNUALLY THIS PROGRAM IS AVAILABLE TO ALL CHILDREN FOR NO FEE, AND IS RACE AND GENDER BLIND. WE ARE PROVIDING INSTRUMENT MUSIC EDUCATION TO MANY THOUSANDS OF STUDENTS WHO WOULD NEVER BE ABLE TO AFFORD TO PLAY OR OWN AN INSTRUMENT. THE STUDENTS ARE SEEING INTERNATIONALLY KNOWN MUSICIANS PERFORM IN TOP-LEVEL ASSEMBLY CONCERTS, ALSO FOR NO FEE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt025869
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt051865
IRS990/ProgSrvcAccomActy3Grp/Desc0VIDEO ORAL HISTORY PROGRAM (VOHP): OUR VIDEO ORAL HISTORY PROJECT IS STRICTLY ARCHIVAL IN NATURE; GATHERING AND RECORDING, EXHIBITING AND PRESERVING THE HISTORIES, STORIES, AND PERFORMANCE STYLES OF BLUEGRASS MUSIC'S EARLIEST PERFORMERS. WE DO NOT CHARGE FOR SHOWING THESE FILMS; THEY ARE NEITHER FOR SALE NOR FOR TRADE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02681
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VARIOUS OTHER EVENTS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0530438
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0451242
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0385003
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04400000
IRS990/PYInvestmentIncomeAmt031797
IRS990/PYOtherExpensesAmt0908278
IRS990/PYOtherRevenueAmt031539
IRS990/PYProgramServiceRevenueAmt0791493
IRS990/PYRevenuesLessExpensesAmt0-4389598
IRS990/PYSalariesCompEmpBnftPaidAmt0321152
IRS990/PYTotalExpensesAmt05629430
IRS990/PYTotalRevenueAmt01239832
IRS990/ReconcilationRevenueExpnssAmt0206218
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08161
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0793369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0407677
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0134526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0179604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0721807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt082412
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02245
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084657
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06521122
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89500
IRS990ScheduleA/PublicSupportTotal170Amt0721807
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0407677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0134526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0179604
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0721807
IRS990ScheduleA/TotalSupportAmt0806464
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/InvstProgramRelatedOrgGrp/BookValueAmt01064146
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01507341
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01258471
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02765812
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01507341
IRS990ScheduleD/TotalBookValueProgramRltdAmt01064146
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE MUSEUM TOURS TO THE GENERAL PUBLIC WHICH ALLOW VISITORS TO VIEW BLUEGRASS MEMORABILIA, TO EDUCATE THE PUBLIC ON THE HISTORY OF BLUEGRASS MUSIC, TO PROVIDE MUSIC PROGRAMS TO EDUCATE AND ENTERTAIN, TO BUILD NEW AUDIENCES FOR BLUEGRASS MUSIC, TO ENHANCE THE IMAGE OF BLUEGRASS MUSIC AND SPUR ITS GROWTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VARIOUS OTHER EVENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IT IS THE ORGANIZATION'S POLICY TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE ONLY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COST OF GOODS SOLD & DIRECT FUNDRAISING EXPENSES 0 COST OF GOODS SOLD & DIRECT FUNDRAISING EXPENSES 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,356,695
Liabilities
$1,637,252
Net assets
$1,719,443
Revenue
$1,534,326
Expenses
$1,328,108
Net income
$206,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.25$0.28$8.97$3.46$3.73$0.27
2023Detailed filing. Detailed filing data is available for this year.$9.60$0.44$9.15$3.22$3.31$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.01$0.70$2.31$3.03$3.31$0.28
2021Detailed filing. Detailed filing data is available for this year.$2.98$0.77$2.21$2.31$1.84$0.47
2020Detailed filing. Detailed filing data is available for this year.$2.68$1.14$1.53$0.29$0.34$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.11$1.27$1.84$1.61$2.04$0.43
2018Detailed filing. Detailed filing data is available for this year.$3.89$1.62$2.27$1.94$1.38$0.55
2017Detailed filing. Detailed filing data is available for this year.$3.36$1.64$1.72$1.53$1.33$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.76$2.03$1.73$1.24$5.63$4.39
2015Detailed filing. Detailed filing data is available for this year.$6.33$0.15$6.17$1.68$1.18$0.50
2014Detailed filing. Detailed filing data is available for this year.$5.83$0.16$5.67$3.28$0.99$2.29
2013Summary only. Only limited summary data is available for this year.$3.56$0.17$3.39$2.45$1.08$1.37
2012Summary only. Only limited summary data is available for this year.$2.16$0.15$2.02$0.92$1.00$0.08
2011Summary only. Only limited summary data is available for this year.$2.28$0.07$2.21$0.76$0.84$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.08$2.29$0.64