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GROUT MUSEUM INC

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Public IRS 990 nonprofit record

GROUT MUSEUM INC

EIN 42-1333059 · Arts, Culture & Humanities (A500)

What they do

THE MISSION of GROUT MUSEUM, INC. is to RAISE FUNDS and TRANSFER THEM to H.W. GROUT TRUST for USE IN OPERATING MUSEUMS OWNED and OPERATED BY THE TRUST.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

54.53%of revenue went to mission work100.0% of expenses · Program services
$54.53spent for every $100 of revenueRevenue covered expenses this year.
$0.88in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $13,411 for DIANE POPELKA (DIRECTOR OF FINANCE AND HR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,667,676
Mission workProgram services$909,31954.53% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$758,35745.47% of revenueShown in gray on the chart
Total expenses$909,31954.53% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 54.53% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.92% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 164.10% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 53.16% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.12% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 86.17% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.49% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.09% of revenue

Money in and money out

Revenue$1,667,676
Expenses$909,319
Annual surplus $758,357 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$909,319 · 100.0% of expenses
See all reported dollar amounts
Revenue$1,667,676
Expenses$909,319
Assets$801,734
Income$1,667,676
Contributions$1,667,676
Mission work (program services)$909,319
Grants given$9,614,808
Average grant$1,201,851
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DIANE POPELKADIRECTOR OF FINANCE AND HR · 5 hrs/week $13,411Base · Other $13,411
MARGARET MOYE STARTED 102024EXECUTIVE DIRECTOR · 5 hrs/week $2,787Base · Other $2,787

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

DIANE POPELKADIRECTOR OF FINANCE AND HR

MARGARET MOYE STARTED 102024EXECUTIVE DIRECTOR

TAMARA FLEMINGFORMER VICE-PRESIDENT

BARBARA CORSONDIRECTOR

STEVE SCHMITTTREASURER

RYAN MALECEKDIRECTOR

NIA WILDERDIRECTOR

MATTHEW GILBERTDIRECTOR

MATT SLINKERDIRECTOR

MARY ELLEN WARRENDIRECTOR

MARY POTTERVICE-PRESIDENT

JULIE ZELLDIRECTOR

JIM RALSTONDIRECTOR

HENRY BEVELDIRECTOR

EDWARD J GALLAGHER IIIPRESIDENT

CHIQUITA LOVELESSDIRECTOR

BRIAN PEELERDIRECTOR

BELINDA CREIGHTON-SMITHDIRECTOR

About this charity

Recognized since
January 1993
Location
503 SOUTH STREET, WATERLOO, IA 50701
County
Black Hawk
In care of
EDWARD J GALLAGHER III
Primary officer
EDWARD J GALLAGHER III, DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CREATIVE PLANNING TAX LLC
NTEE classification
Arts, Culture & Humanities (A500)
IRS tax category
Museums
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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