Laramie Plains Museum Association Inc
Nonprofit profile at a glance
- EIN
- 836007519
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2021
- Location
- Laramie, WY, USA
- Phone
- 3077424448
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $563,574
- Expenses
- $485,832
- Assets
- $7,280,884
- Liabilities
- $6,621
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- TANNER EVANS (PRESIDENT)
People named in this filing
- BRIE BLASI (VICE PRESIDE)
- TANNER EVANS (PRESIDENT)
- KAREN LANGE (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The laramie plains museum is a historic house museum complex of the city of laramie, Wyoming and surrounding area, whose mission is to preservve, restore, augment and exhibit its historic buildings, grounds and the historic collections contained therein, thereby increasing public appreciation and education about the nature of the human heritage of the area through tours, exhibitions, publications and special events.
What it reported doing in 2024
The laramie plains museum, on the national register of historic places, is situated on a full square block in the historic district of laramie, Wyoming, and consists of the restored 1892 ivinson mansion and its carriage house, the alice hardie stevens center reception hall/curatorial accessioning area, and the marshall one-room school house. The museum also owns an 1883 historic stone stable, currently configured as a 2 unit complex, and a brick residence in the block immediately north of the museum. The museum's extensive collection includes period home furnishings, textiles, original artwork, more than 17,000 local photographs, and over 32,000 artifacts and items of historic value to the area. Close to 7,100 people from throughout the nation and 40 countries visit and learn from the museum collections annually, including more than 790 students from the laramie area and around the state and region via educational tours and youth volunteer programs. Annually, nearly 29,000 people experience the historic property throgh tours, use of rental facilities and special events held on the museum grounds. As an educational facility, lpm serves a wide variety of populations of all ages, including low to moderate income, offering no-cost tours to student and special needs visitors, and discounted tours of the museum so that all may enjoy and learn the history it contains.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.8%; rating input score 86
- Program expense ratio: 86.6%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.8%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 14.99; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 8.6% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 85.8% of revenue deployed · 86.6% of spending went to programs
- Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $421K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.