2023-02-09T01:04:14-00:00 2022-06-30 460440166 QUAM BERGLIN & POST PC PO BOX 426 ELK POINT SD 57025 990 2021-07-01 237266823 NATIONAL MUSIC MUSEUM (AMERICAS SHRINE TO MUSIC) NATI 6056775306 414 EAST CLARK VERMILLION SD 57069 SCOTT LAWRENCE PRESIDENT 6056775306 2023-02-09 true SCOTT LAWRENCE 999009999 TERRI L POST P00027869 6053563374 2023-02-09 2 AAL1 IAL1 2021 2023-03-07 01:45:13Z SCOTT LAWRENCE 414 EAST CLARK ST VERMILLION SD 57069 3721207 false X www.nmmusd.org X 1973 SD Serves the people of South Dakota and the Nation as an international center for collecting and conserving musical instruments of all cultures and bringing people together to study, enjoy, and understand our diverse musical heritage. 27 27 7 0 1900557 3486203 3000 10000 279507 205018 -16672 5200 2166392 3706421 0 0 873826 833079 0 70408 1025205 1701150 1899031 2534229 267361 1172192 16141070 15649509 7686666 6956027 8454404 8693482 Serves the people of South Dakota and the Nation as an international center for 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DIMARTINO TRUSTEE 001.00 X 0 0 0 THOMAS MACE TRUSTEE 001.00 X 0 0 0 CINDY LILLIBRIDGE PAST CHAIR 001.00 X 0 0 0 SUSANNE L SKYRM TRUSTEE 001.00 X 0 0 0 MICHAEL JERSTAD TRUSTEE 001.00 X 0 0 0 JOSEPH A VINATIERI TRUSTEE 001.00 X 0 0 0 JO WOHLENBERG CHAIR, FINANCE COMMITTEE 001.00 X 0 0 0 BOYD HOPKINS MEMBER AT LARGE 001.00 X 0 0 0 BRUCE BABBITT TRUSTEE 001.00 X 0 0 0 BRUCE KELLEY EX OFFICIO MEMBER 001.00 X 0 0 0 FORD BELL TRUSTEE 001.00 X 0 0 0 SCOTT COLLINS TRUSTEE 001.00 X 0 0 0 BETSY GROVES TRUSTEE 001.00 X 0 0 0 STEVE DILLON TRUSTEE 001.00 X 0 0 0 GEORGE FOREMAN TRUSTEE 001.00 X 0 0 0 ERIC GROSSMAN TRUSTEE 001.00 X 0 0 0 JOAN C HOLTER TRUSTEE 001.00 X 0 0 0 CYNTHIA MAHOOD LEVIN TRUSTEE 001.00 X 0 0 0 JOE SCHMADERER TRUSTEE 001.00 X 0 0 0 THOMAS WILDER TRUSTEE 001.00 X 0 0 0 SHEILA GESTRING EX-OFFICIO 001.00 X 0 0 0 JOHN VONK TRUSTEE 001.00 X 0 0 0 KELSEY COLLIER-WISE EX-OFFICIO 001.00 X 0 0 0 JAMES SMITH TRUSTEE 001.00 X 0 0 0 SCOTT RAY LAWRENCE CHAIR 001.00 X 0 0 0 GERALD GAUL VICE CHAIR 001.00 X 0 0 0 CLAIRE GIVENS SECRETARY 001.00 X 0 0 0 NATHAN NATE WELCH TREASURER 001.00 X 0 0 0 false false false LUCI CREATIVE 6900 N CENTRAL PARK AVE LINCOLNWOOD IL 60712 DESIGN SERVICES 232102 THE ABBEY GROUP LTD 201 MAIN ST STE 300 RAPID CITY SD 577012871 CAMPAIGN FEASIBILITY SERVICES 205000 2 X 59177 635733 383606 2407687 3486203 OTHER REVENUE 453000 10000 10000 10000 205018 205018 19986 14786 5200 3706421 10000 205018 X 0 0 0 0 0 0 833079 616478 199939 16662 0 0 0 0 72 72 36518 36518 0 80563 80563 270541 227531 43010 86895 78527 8368 54435 16813 37412 210 28136 28136 0 109219 76453 32766 1446 1446 0 7365 6653 712 282003 208682 73321 0 181995 106847 75148 28939 20278 8661 MAINTENANCE RENTAL 227309 159116 68193 TELEPHONE 4959 4959 STORAGE AND AQUISITIONS 233342 165013 68329 CONSERVATION 54782 49727 5055 12631 5573 7058 2534229 1503507 960314 70408 357432 659525 6939757 5634665 557229 641640 166173 207834 35482 28331 572224 180343 263043 391881 4066918 3922531 3755036 4163102 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interests CASH WITH FISCAL AGENT 3029800 CONSTRUCTION IN PROGRESS 1133302 4163102 Federal income taxes 3444105 -824334 4440 638141 -181753 3625858 80563 80563 3706421 3096247 4440 638141 642581 2453666 80563 80563 2534229 V 4 ENDOWMENT FUNDS ARE USED BY THE MUSEUM AS STIPULATED PER DONOR REQUEST XI 2D NATIONAL MUSIC MUSEUM RECORDS DONATIONS AS REVENUES ON THE GAAP FINANCIAL STATEMENTS, BUT, HAS ELECTED NOT TO CAPITALIZE ITS COLLECTIONS IN ACCORDANCE WITH SFAS 116 ASC 958-360-25 THEREFORE, NO AMOUNT IS BEING REPORTED ON PART VII, LINE 1G FOR THESE DONATIONS XII 2A AMOUNTS RECEIVED BY THE ORGANIZATION FOR DONATED SERVICES IN THE AMOUNT OF 4,440 IS NOT BEING INCLUDED IN REVENUE OR EXPENSES FOR THE ORGANIZATION ON THE 990 TAX RETURN. HOWEVER, THIS AMOUNT WAS INCLUDED ON THE GAAP ISSUED FINANCIAL STATEMENTS. XII 2D NATIONAL MUSIC MUSEUM RECORDS DONATIONS AS REVENUES ON THE GAAP FINANCIAL STATEMENTS, BUT, HAS ELECTED NOT TO CAPITALIZE ITS COLLECTIONS IN ACCORDANCE WITH SFAS 116 ASC 958-360-25 THEREFORE, THE RESPECTIVE EXPENSES FOR THESE DONATIONS ARE NOT RECORDED ON FORM 990. X 17 190 X 62 629765 X BOOKS 4 7835 X MISCELLANEOUS 5 350 false true false Part I Line 1, 22, 25, 26 A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VII, LINE 1G BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, AS ALLOWED UNDER SFAS 116 ASC 958-360-25 Form 990, Part VI, Section B, Line 15B THE ORGANIZATION USES DATA FROM SIMILAR ORGANIZATIONS TO DETERMINE ACCEPTABLE COMPENSATION FOR MANAGEMENT PERSONNEL Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND FINANCIAL DATA ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VI, Section B, Line 12C ANY ACTIVITY THAT MAY BE PERCEIVED AS A CONFLICT OF INTEREST SHOULD BE DISCUSSED AND RESOLVES. ALSO, NEW EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEING TO DISCLOSE ANY POSSIBLE PERSONAL INTEREST THAT MAY CAUSE QUESTIONS IN PROPERLY CARRYING OUT THEIR POSITION. Form 990, Part VIII, Line 1G MUSEUMS THAT ELECT NOT TO CAPITALIZE THEIR COLLECTION IN ACCORDANCE WITH SFAS 116 958-360-235 SHOULD NOT REPORT AN AMOUNT ON LINE 1G FOR WORKS OF ART AND OTHER COLLECTION ITEMS DONATED TO THEM Form 990, Part XI, Line 8 PRIOR PERIOD ADJUSTMENTS AMOUNTED TO GRANT INCOME AND ACCOUNTS PAYABLE FOR 108,781 DUE TO A GRANT RECEIVED IN 2021 HAD TO BE PAID BACK TO THE GRANTOR. Form 990, Part IX, Line 11G MISCELLANOUS EXPENSES EXCEEDED 10 DUE TO THE FOLLOWING TWO EXPENSES CAMPAIGN FEASIBILITY 227,531 AND CAMPAIGN MANAGEMENT 43,010