Civic Intelligence

Victor Museum Improvement Association

990 • Fiscal year 2016 • EIN 74-2109407

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 12, 2017

PO Box 238Victor, CO 80860

(719) 689-3126

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

42nd percentile

0.02x

Higher debt load relative to revenue than 42% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

48th percentile

1.0%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-23%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$997,935

Up $9,951 (+1.0%) from 2015

Net Assets

Up

$996,466

Up $9,349 (+0.9%) from 2015

Liabilities

Up

$1,469

Up $602 (+69%) from 2015

Revenue

Down

$77,859

Down $23,419 (-23%) from 2015

Expenses

Up

$68,510

Up $7,387 (+12%) from 2015

Net Income

Down

$9,349

Down $30,806 (-77%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $752,714Liabilities 2010: $116,602Net Assets 2010: $636,1122010Assets 2011: $727,331Liabilities 2011: $2,365Net Assets 2011: $724,9662011Assets 2012: $781,741Liabilities 2012: $13,962Net Assets 2012: $767,7792012Assets 2013: $834,315Liabilities 2013: $854Net Assets 2013: $833,4612013Assets 2014: $968,811Liabilities 2014: $21,849Net Assets 2014: $946,9622014Assets 2015: $987,984Liabilities 2015: $867Net Assets 2015: $987,1172015Assets 2016: $997,935Liabilities 2016: $1,469Net Assets 2016: $996,4662016Assets 2017: $1,081,022Liabilities 2017: $1,410Net Assets 2017: $1,079,6122017Assets 2018: $1,085,828Liabilities 2018: $1,660Net Assets 2018: $1,084,1682018Assets 2019: $1,071,925Liabilities 2019: $1,735Net Assets 2019: $1,070,1902019Assets 2020: $1,090,648Liabilities 2020: $1,958Net Assets 2020: $1,088,6902020Assets 2021: $1,072,781Liabilities 2021: $2,221Net Assets 2021: $1,070,5602021Assets 2022: $1,047,976Liabilities 2022: $1,632Net Assets 2022: $1,046,3442022Assets 2023: $1,030,139Liabilities 2023: $49Net Assets 2023: $1,030,0902023Assets 2024: $973,828Liabilities 2024: $80Net Assets 2024: $973,7482024Assets 2025: $1,182,230Liabilities 2025: $61Net Assets 2025: $1,182,1692025

Highlighted filing

2016

Assets$997,935
Liabilities$1,469
Net Assets$996,466

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $19,0932010Expenses 2011: $40,4672011Expenses 2012: $39,1982012Revenue 2013: $110,094Expenses 2013: $44,412Net Income 2013: $65,6822013Revenue 2014: $173,708Expenses 2014: $60,207Net Income 2014: $113,5012014Revenue 2015: $101,278Expenses 2015: $61,123Net Income 2015: $40,1552015Revenue 2016: $77,859Expenses 2016: $68,510Net Income 2016: $9,3492016Revenue 2017: $159,615Expenses 2017: $76,469Net Income 2017: $83,1462017Revenue 2018: $85,254Expenses 2018: $80,698Net Income 2018: $4,5562018Revenue 2019: $86,920Expenses 2019: $100,898Net Income 2019: -$13,9782019Revenue 2020: $109,379Expenses 2020: $90,879Net Income 2020: $18,5002020Revenue 2021: $79,749Expenses 2021: $97,879Net Income 2021: -$18,1302021Revenue 2022: $69,552Expenses 2022: $93,768Net Income 2022: -$24,2162022Revenue 2023: $94,605Expenses 2023: $110,859Net Income 2023: -$16,2542023Revenue 2024: $42,151Expenses 2024: $98,492Net Income 2024: -$56,3412024Revenue 2025: $322,432Expenses 2025: $114,011Net Income 2025: $208,4212025

Highlighted filing

2016

Revenue$77,859
Expenses$68,510
Net Income$9,349
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 12, 2017
Return Version
2016v3.0
Gross Receipts
$90,474
Mission and Program Overview

Mission

The museum's mission is to collect, preserve, research, and interpret the history of victor and the communities of the cripple creek mining district for the education and enjoyment of the citizens of victor, the residents of teller county, and the general public. In 2025, we hosted 6,737 visitors.

The museum's mission is to collect, preserve, research, and interpret the history of victor and the communities of the cripple creek mining district for the education and enjoyment of the citizens of victor, the residents of teller county, and the general public. We currently serve over 10,000 visitors annually.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$709,558$840,022▲ $130,464
Savings and Temporary Cash Investments$183,746$94,182▼ $89,564
Cash and Non-Interest-Bearing Accounts$78,662$53,171▼ $25,491
Inventories for Sale or Use$11,509$9,541▼ $1,968
Pledges and Grants Receivable$3,489--
Prepaid Expenses and Deferred Charges$1,020$1,019▼ $1
Total Assets$987,984$997,935▲ $9,951
Liabilities
Accounts Payable and Accrued Expenses$844$1,469▲ $625
Deferred Revenue$23--
Total Liabilities$867$1,469▲ $602
Net Assets / Fund Balance
Unrestricted Net Assets$893,812$991,891▲ $98,079
Temporarily Rstr Net Assets$93,305$4,575▼ $88,730
Total Net Assets Fund Balance$987,117$996,466▲ $9,349
Total Liabilities and Net Assets / Fund Balance$987,984$997,935▲ $9,951

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$837,198$97,882$935,080
Equipment$489$3,613$4,102
Other Land Buildings$2,335-$2,335
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ruth ZalewskiPresident
Jon ZalewskiMember
Brad PoulsonSecretary
Sarah WatsonTreasurer
Karen MuntzertVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$34,121
Program Service Revenue
$24,447
Investment Income
$374
Other Revenue
$18,917
All Other Contributions
$25,321
Change in Net Assets
$9,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,135
Salaries, Compensation, and Employee Benefits$18,375
Total Fundraising Expense$2,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$25,946--$25,946
Other Salaries and Wages$12,864$2,480$757$16,101
Insurance$4,282$535$535$5,352
Advertising$5,146--$5,146
Occupancy$4,361$150-$4,511
Fees for Services Accounting$3,239$191$380$3,810
Office Expenses$2,270$636$238$3,144
Payroll Taxes$1,817$350$107$2,274
Information Technology$1,165$137$69$1,371
Other Expenses$23$3-$26
Total Functional Expenses$61,490$4,934$2,086$68,510
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,150
Fundraising Direct Expenses$159
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
Yes
Annual disclosure for covered persons
Yes
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
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

Draft copy provided to all board members, final copy will also be provided. Form 990 was reviewed by the treasurer with the other four board members.

Form 990, Page 6, Part VI, Line 12C

Each new member of the board is given a copy of the conflict of interest policy, and board members are asked regularly to disclose any potential conflicts.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Victor Lowell Thomas Museum
EIN
74-2109407
Phone
7196893126
Address
PO BOX 238, VICTOR, CO 80860

Signing Officer

Name
Sarah Watson
Title
Treasurer
Phone
7196895509
Signed
2017-06-12

Organization Details

Principal Officer
Ruth Zalewski
Formed
1960
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
32

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Ken Roth
Phone
3038308109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The museum's mission is to collect, preserve, research, and interpret the history of victor and the communities of the cripple creek mining district for the education and enjoyment of the citizens of victor, the residents of teller county, and the general public. We currently serve over 10,000 visitors annually.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0374
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0147
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01268
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0158238
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44870
IRS990ScheduleA/PublicSupportPY170Pct00.50370
IRS990ScheduleA/PublicSupportTotal170Amt0133469
IRS990ScheduleA/SubstantialContributorsTotAmt0162750
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0131578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014152
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0296219
IRS990ScheduleA/TotalSupportAmt0297487
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/BookValueAmt0837198
IRS990ScheduleD/BuildingsGrp/DepreciationAmt097882
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0935080
IRS990ScheduleD/EquipmentGrp/BookValueAmt0489
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03613
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04102
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02335
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02335
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0840022
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MUSEUM'S MISSION IS TO COLLECT, PRESERVE, RESEARCH, AND INTERPRET THE HISTORY OF VICTOR AND THE COMMUNITIES OF THE CRIPPLE CREEK MINING DISTRICT FOR THE EDUCATION AND ENJOYMENT OF THE CITIZENS OF VICTOR, THE RESIDENTS OF TELLER COUNTY, AND THE GENERAL PUBLIC. WE CURRENTLY SERVE OVER 10,000 VISITORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT COPY PROVIDED TO ALL BOARD MEMBERS, FINAL COPY WILL ALSO BE PROVIDED. FORM 990 WAS REVIEWED BY THE TREASURER WITH THE OTHER FOUR BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH NEW MEMBER OF THE BOARD IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY, AND BOARD MEMBERS ARE ASKED REGULARLY TO DISCLOSE ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt093305
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04575
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0987984
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IRS990/TotalAssetsGrp/BOYAmt0987984
IRS990/TotalAssetsGrp/EOYAmt0997935
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt034121
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02086
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04934
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061490
IRS990/TotalFunctionalExpensesGrp/TotalAmt068510
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0867
IRS990/TotalLiabilitiesEOYAmt01469
IRS990/TotalLiabilitiesGrp/BOYAmt0867
IRS990/TotalLiabilitiesGrp/EOYAmt01469
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0987117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0996466
IRS990/TotalProgramServiceExpensesAmt061490
IRS990/TotalProgramServiceRevenueAmt024447
IRS990/TotalRevenueGrp/ExclusionAmt0374
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt041373
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt077859
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0987984
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0997935
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0893812
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0991891
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 238
IRS990/USAddress/CityNm0VICTOR
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080860
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.VICTORCOLORADO.COM/MUSEUM.HTM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07196895509
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VICTOR LOWELL THOMAS MUSEUM
ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0742109407
ReturnHeader/Filer/PhoneNum07196893126
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 238
ReturnHeader/Filer/USAddress/CityNm0VICTOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080860
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00A9FBFEBCB3854AAD5051073D691A4663BEA5524
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00A9FBFEBCB3854AAD5051073D691A4663BEA5524
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAYLOR ROTH AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 GRANT ST STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0802032944
ReturnHeader/PreparerPersonGrp/PhoneNum03038308109
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEN ROTH
ReturnHeader/ReturnTs02017-06-14T16:28:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.32$0.11$0.21
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.04$0.10$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.09$0.11$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.07$0.09$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.08$0.10$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.11$0.09$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.09$0.10$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.08$0.09$0.08$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.16$0.08$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.08$0.07$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.10$0.06$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.02$0.95$0.17$0.06$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.11$0.04$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.01$0.77$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.72$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.12$0.64$0.02