Petrified Forest Museum Association FY2023 filing

Tax-deductible

Holbrook, AZ501(c)(3)Recreation & SportsEIN 86-0188821Revenue $859K in FY2023

On file with the IRSpetrifiedforestbookstore.com222 Navajo Blvd, 86025-2635 · Holbrook, AZTax-exempt since Jul 1946Supporting organization — 509(a)(3)

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A cooperating Association with the national park service. IT contributes funds to the nps for interactive and research programs to enhance the park for the enjoyment of the public.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$51K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $250K a year · 33% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$51K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$36K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$859K
+10% vs prior year
Spent
$554K
To programs
88%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$859K
FY2023▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$378K
FY2021$836K
FY2022$780K
FY2023$859K
FY2024$963K
Expenses
$554K
FY2023▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$332K
FY2021$480K
FY2022$531K
FY2023$554K
FY2024$668K
Net assets
$1.4M
FY2023▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$465K
FY2021$821K
FY2022$1.1M
FY2023$1.4M
FY2024$1.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $490K Management & general 12% · $64K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $51K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$51,064Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chair of the Board
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Tara Young’s $67K as Executive Director is at the 75th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Tara Young$66,805$51,064$57,471$47,659

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds National Park Service programs for public enjoyment and research.

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Provided by the organization

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2 programs · $490K · in their own filed words · FY2023
01

The petrified forest field institute (pffi)is the educational outreach branch of pfma and was formed in 2015 at the request of the park service to be the vehicle by which visitors could access sections of the park limited by agreement with the state land trust office.

$295Kprogram expense
02

Staff aid- the two main stores are colocated in each of the park's visitor centers. Besides ringing up sales and managing store elements (stocking, inventory control, displays, etc) pfma staff are responsible to OPEN/ close each visitor center facility, set or disarm the building alarms, hang the flag, clean and keep presentable the…

$195Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $159K · 2021–2023

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$859K
Ln 12
Other incomeLn 4–11$849K
Gifts and grantsLn 1h$9K
Investment incomeLn 3$2K
Money outPt IX
$554K
Ln 25
Programscol B$490K
Managementcol C$64K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$620K
Total assetsLn 16$1.4M
LiabilitiesLn 26$36K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9K
Investment incomeLn 3$2K
Other incomeLn 4–11$849K
Total revenueLn 12$859K
Assets in detailPt X, end of year
CashLn 1$313K
SavingsLn 2$307K
Cash and savings togetherLn 1–2$620K
Land, buildings, equipmentLn 10c$41K
Total assetsLn 16$1.4M
LiabilitiesLn 26$36K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 517
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$373K$620K
Land, buildings, equipmentLn 10c$48K$41K
Total assetsLn 16$1.1M$1.4M
LiabilitiesLn 26$39K$36K
Net assetsLn 32$1.1M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$62K$62K
Pay of current officers, directors and key staffLn 5$51K$20K$31K
Other salaries and wagesLn 7$282K$275K$6K
Pension plan contributionsLn 8$10K$9K$1K
Payroll taxesLn 10$38K$34K$4K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$691$691
Office expensesLn 13$3K$1K$1K
Conferences, conventions and meetingsLn 19$9K$7K$2K
Depreciation, depletion and amortizationLn 22$7K$7K$656
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$73K$73K
Total functional expensesLn 25$554K$490K$64K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $963K$668K$294K$1.7M 990 PDF
FY2023 Viewing $859K$554K$305K$1.4M 990 PDF
FY2022 $780K$531K$249K$1.1M 990 PDF
FY2021 $836K$480K$356K$821K 990 PDF
FY2020 $378K$332K$46K$465K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $859,218 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $69,182$8,635
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$1,648
I-11 Other revenuePrior year $710,853$848,935
I-12 Total revenuePrior year $780,035$859,218
I-13 Grants and similar amounts paidPrior year $281,052$61,922
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $156,892$380,843
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $92,849$111,484
I-18 Total expensesPrior year $530,793$554,249
I-19 Revenue less expensesPrior year $249,242$304,969
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $859,218 across 6 lines filed
Lines not itemized here account for $831,019 of total revenue; see the IRS return.
VIII-1b Membership dues$905
VIII-1f All other contributions, gifts and grants$7,730
VIII-1h Total contributions, gifts and grants$8,635
VIII-3 Investment incomeExcluded from tax $1,648$1,648
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,316 · Unrelated business $6,600$17,916
VIII-12 Total revenueRelated to mission $842,335 · Unrelated business $6,600 · Excluded from tax $1,648$859,218
Part IX · Statement of functional expenses $554,249 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $61,922$61,922
IX-5 Pay of current officers, directors and key staffPrograms $20,426 · Management $30,638$51,064
IX-7 Other salaries and wagesPrograms $275,153 · Management $6,469$281,622
IX-8 Pension plan contributionsPrograms $9,314 · Management $1,151$10,465
IX-10 Payroll taxesPrograms $33,546 · Management $4,146$37,692
IX-11c Accounting feesManagement $11,036$11,036
IX-11g Other fees for servicesPrograms $1,113$1,113
IX-12 Advertising and promotionPrograms $691$691
IX-13 Office expensesPrograms $1,384 · Management $1,384$2,768
IX-19 Conferences, conventions and meetingsPrograms $6,857 · Management $2,493$9,350
IX-22 Depreciation, depletion and amortizationPrograms $6,635 · Management $656$7,291
IX-23 InsuranceManagement $6,458$6,458
IX-24 Other expenses (24a–d)Programs $72,777$72,777
IX-25 Total functional expensesPrograms $489,818 · Management $64,431 · Fundraising $0$554,249
Part X · Balance sheet $1,411,442 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $213,590$312,661
X-2 Savings and temporary cash investmentsStart of year $159,108$307,361
X-8 Inventories for sale or useStart of year $688,917$750,569
X-10c Land, buildings and equipment, netStart of year $48,141$40,851
X-16 Total assetsStart of year $1,109,756$1,411,442
X-17 Accounts payable and accrued expensesStart of year $39,400$36,117
X-26 Total liabilitiesStart of year $39,400$36,117
X-27 Net assets without donor restrictionsStart of year $1,043,544$1,345,602
X-28 Net assets with donor restrictionsStart of year $26,812$29,723
X-32 Total net assets or fund balancesStart of year $1,070,356$1,375,325
X-33 Total liabilities and net assetsStart of year $1,109,756$1,411,442
Part XI · Reconciliation of net assets $1,375,325 net assets at year end
XI-1 Total revenue$859,218
XI-2 Total expenses$554,249
XI-3 Revenue less expenses$304,969
XI-4 Net assets at start of year$1,070,356
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,375,325

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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