Civic Intelligence

Garibaldi Museum Inc.

990 • Fiscal year 2020 • EIN 93-0933962

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 15, 2022

PO Box 5Garibaldi, OR 97118

(503) 322-2025

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

41st percentile

2.7%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,233,481

Up $59,729 (+2.7%) from 2019

Net Assets

Up

$2,233,118

Up $59,366 (+2.7%) from 2019

Liabilities

Up

$363

Up $363 from 2019

Revenue

Up

$397,341

Up $54,318 (+16%) from 2019

Expenses

Down

$126,220

Down $63,560 (-33%) from 2019

Net Income

Up

$271,121

Up $117,878 (+77%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,866,260Liabilities 2011: $1,848Net Assets 2011: $1,864,4122011Assets 2012: $1,831,580Liabilities 2012: $1,699Net Assets 2012: $1,829,8812012Assets 2013: $1,866,801Liabilities 2013: $2,212Net Assets 2013: $1,864,5892013Assets 2014: $1,787,618Liabilities 2014: $0Net Assets 2014: $1,787,6182014Assets 2015: $2,005,442Liabilities 2015: $1,639Net Assets 2015: $2,003,8032015Assets 2016: $2,084,414Liabilities 2016: $3,000Net Assets 2016: $2,081,4142016Assets 2017: $2,295,003Liabilities 2017: $0Net Assets 2017: $2,295,0032017Assets 2018: $2,020,509Liabilities 2018: $0Net Assets 2018: $2,020,5092018Assets 2019: $2,173,752Liabilities 2019: $0Net Assets 2019: $2,173,7522019Assets 2020: $2,233,481Liabilities 2020: $363Net Assets 2020: $2,233,1182020Assets 2021: $2,507,052Liabilities 2021: $0Net Assets 2021: $2,507,0522021Assets 2022: $2,483,557Liabilities 2022: $0Net Assets 2022: $2,483,5572022Assets 2023: $1,576,362Liabilities 2023: $0Net Assets 2023: $1,576,3622023Assets 2024: $1,513,316Liabilities 2024: $0Net Assets 2024: $1,513,3162024

Highlighted filing

2020

Assets$2,233,481
Liabilities$363
Net Assets$2,233,118

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $253,848Expenses 2011: $93,317Net Income 2011: $160,5312011Expenses 2012: $92,6702012Expenses 2013: $88,5672013Revenue 2014: $25,832Expenses 2014: $102,803Net Income 2014: -$76,9712014Revenue 2015: $50,675Expenses 2015: $93,552Net Income 2015: -$42,8772015Revenue 2016: $184,008Expenses 2016: $106,394Net Income 2016: $77,6142016Revenue 2017: $202,375Expenses 2017: $130,244Net Income 2017: $72,1312017Revenue 2018: -$119,685Expenses 2018: $154,809Net Income 2018: -$274,4942018Revenue 2019: $343,023Expenses 2019: $189,780Net Income 2019: $153,2432019Revenue 2020: $397,341Expenses 2020: $126,220Net Income 2020: $271,1212020Revenue 2021: $388,981Expenses 2021: $115,047Net Income 2021: $273,9342021Revenue 2022: $86,298Expenses 2022: $109,793Net Income 2022: -$23,4952022Revenue 2023: $89,376Expenses 2023: $113,427Net Income 2023: -$24,0512023Revenue 2024: $71,520Expenses 2024: $134,566Net Income 2024: -$63,0462024

Highlighted filing

2020

Revenue$397,341
Expenses$126,220
Net Income$271,121
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 15, 2022
Return Version
2020v4.0
Gross Receipts
$399,449
Mission and Program Overview

Mission

To operate a museum to enhance the pacific northwest maritime heritage with collections concerning captain robert gray and his historic vessels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,364,864$1,440,661▲ $75,797
Land, Buildings, and Equipment, Net$487,412$459,553▼ $27,859
Cash and Non-Interest-Bearing Accounts$20,862$42,977▲ $22,115
Savings and Temporary Cash Investments$44,307$38,982▼ $5,325
Inventories for Sale or Use$10,771$10,771→ $0
Other Notes and Loans Receivable, Net$5,000$0▼ $5,000
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,173,753$2,233,481▲ $59,728
Other Assets Total$240,537$240,537→ $0
Liabilities
Accounts Payable and Accrued Expenses-$362-
Other Liabilities$1$1→ $0
Total Liabilities$1$363▲ $362
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,173,752$2,233,118▲ $59,366
Total Net Assets Fund Balance$2,173,752$2,233,118▲ $59,366
Total Liabilities and Net Assets / Fund Balance$2,173,753$2,233,481▲ $59,728

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$341,637$531,035$872,672
Equipment$44,105$31,177$75,282
Land$73,477-$73,477
Other Land Buildings$334$18,111$18,445
Other Assets Org$240,537--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris BaconPresident
Amanda CavittBoard Member
Andrew BelangerBoard Member
Bill DevlinBoard Member
Jay HarrisonBoard Member
Karen Gale BelangerBoard Member
Valerie SchumannBoard Member
Terry WalhoodSecretary
Lois DanielsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$40,441
Program Service Revenue
$1,865
Investment Income
$352,710
Other Revenue
$2,325
All Other Contributions
$13,174
Change in Net Assets
$271,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,981
Salaries, Compensation, and Employee Benefits$52,639
Grants and Similar Amounts Paid$600
Total Fundraising Expense$347
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,411$20,410-$40,821
Depreciation Depletion$27,859--$27,859
Occupancy$18,436--$18,436
Advertising$13,184--$13,184
Other Employee Benefits$4,111$4,111-$8,222
Insurance$5,019--$5,019
Payroll Taxes$1,798$1,798-$3,596
All Other Expenses$789$528$180$1,497
Other Expenses$812$903-$812
Office Expenses$464$100$167$731
Grants to Domestic Orgs$600--$600
Total Functional Expenses$95,753$30,120$347$126,220
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

The board reviews the 990 after the treasurer reviews the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The board reviews the conflict of interest policy once a year

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board reviews the salary of the executive officer.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Garibaldi Museum Inc
EIN
93-0933962
Phone
5033222025
Address
PO BOX 5, GARIBALDI, OR 97118

Signing Officer

Name
Lois Daniels
Title
Treasurer
Signed
2022-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Bacon
Formed
1988
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
0
Employees
7

Preparer

Firm
Robert C Weitman EA
Address
2216 4th Street, Tillamook, OR 97141
Preparer
Marilyn L Phegley CPA
Phone
5038424417
Supplemental Narrative

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

HISTORICAL ARTIFICATS

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IRS990/OtherExpensesGrp/TotalAmt3812
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueMiscGrp/BusinessCd0712110
IRS990/OtherRevenueMiscGrp/BusinessCd1712110
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE PROCEEDS
IRS990/OtherRevenueMiscGrp/Desc1TAX REFUND
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt041
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1504
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt041
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1504
IRS990/OtherRevenueTotalAmt0545
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020410
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020411
IRS990/OtherSalariesAndWagesGrp/TotalAmt040821
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01798
IRS990/PayrollTaxesGrp/ProgramServicesAmt01798
IRS990/PayrollTaxesGrp/TotalAmt03596
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CHRIS BACON
IRS990/PriorPeriodAdjustmentsAmt0-211754
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0712110
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01865
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt026168
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0299416
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0103718
IRS990/PYOtherRevenueAmt011356
IRS990/PYProgramServiceRevenueAmt06083
IRS990/PYRevenuesLessExpensesAmt0150243
IRS990/PYSalariesCompEmpBnftPaidAmt089062
IRS990/PYTotalExpensesAmt0192780
IRS990/PYTotalRevenueAmt0343023
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0271121
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01865
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt044307
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt026168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0131179
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt045124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt046383
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045893
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt047917
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0185317
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01780
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014032
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014363
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011774
IRS990ScheduleA/OtherIncome170Grp/TotalAmt041949
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.36600
IRS990ScheduleA/PublicSupportTotal170Amt0131179
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt026168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013964
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0131179
IRS990ScheduleA/TotalSupportAmt0358445
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0341637
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0531035
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0872672
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt044105
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031177
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt075282
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt0240357
IRS990ScheduleD/LandGrp/BookValueAmt073477
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt073477
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0240537
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EXHIBITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0334
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018111
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HISTORICAL ARTIFICATS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 4: Description of organization's collections and how it furthers its purpose.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0459553
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0240537
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE 990 AFTER THE TREASURER REVIEWS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY ONCE A YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE SALARY OF THE EXECUTIVE OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02173753
IRS990/TotalAssetsEOYAmt02233481
IRS990/TotalAssetsGrp/BOYAmt02173753
IRS990/TotalAssetsGrp/EOYAmt02233481
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.00$1.51$0.07$0.13$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.00$1.58$0.09$0.11$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.00$2.48$0.09$0.11$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.00$2.51$0.39$0.12$0.27
2020Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.40$0.13$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.00$2.17$0.34$0.19$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.00$2.02$0.12$0.15$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.00$2.30$0.20$0.13$0.07
2016Summary only. Only limited summary data is available for this year.$2.08$0.00$2.08$0.18$0.11$0.08
2015Summary only. Only limited summary data is available for this year.$2.01$0.00$2.00$0.05$0.09$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.00$1.79$0.03$0.10$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.00$1.86$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.00$1.83$0.09
2011Summary only. Only limited summary data is available for this year.$1.87$0.00$1.86$0.25$0.09$0.16