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Nonprofit · EIN 42-1333059

GROUT MUSEUM INC

Tax-exempt · WATERLOO, IA 50701

Financials

$1.2M$1.1M2023$1.7M$909K2024
Revenue Expenses · by fiscal year end
Financials of GROUT MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,667,676$909,319$758,357$801,734$0$801,734
June 30, 2024990$1,154,733$1,130,692$24,041$43,377$0$43,377
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,667,676
of which government grants
$1,254,804
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$909,209
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$909,319

Balance sheet and other

Total assets, start of year
$43,377
Total assets, end of year
$801,734
Total liabilities, end of year
$0
Net assets, end of year
$801,734
Net assets without donor restrictions
$66,408
Net assets with donor restrictions
$735,326
Gross receipts
$1,667,676
Employees
0
Volunteers
15
Year formed
1988
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DIANE POPELKADIRECTOR OF FINANCE AND HR
Officer
5$0$74,454$13,411
MARGARET MOYE STARTED 102024EXECUTIVE DIRECTOR
Officer
5$0$30,797$2,787
EDWARD J GALLAGHER IIIPRESIDENT
Trustee or director, Officer
2$0$0$0
MARY POTTERVICE-PRESIDENT
Trustee or director, Officer
2$0$0$0
STEVE SCHMITTTREASURER
Trustee or director, Officer
2$0$0$0
BARBARA CORSONDIRECTOR
Trustee or director
0.5$0$0$0
MARY ELLEN WARRENDIRECTOR
Trustee or director
0.5$0$0$0
NIA WILDERDIRECTOR
Trustee or director
0.5$0$0$0
BELINDA CREIGHTON-SMITHDIRECTOR
Trustee or director
0.5$0$0$0
HENRY BEVELDIRECTOR
Trustee or director
0.5$0$0$0
MATTHEW GILBERTDIRECTOR
Trustee or director
0.5$0$0$0
CHIQUITA LOVELESSDIRECTOR
Trustee or director
0.5$0$0$0
RYAN MALECEKDIRECTOR
Trustee or director
0.5$0$0$0
JIM RALSTONDIRECTOR
Trustee or director
0.5$0$0$0
MATT SLINKERDIRECTOR
Trustee or director
0.5$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
BRIAN PEELERDIRECTOR
Trustee or director
0.5$0
JULIE ZELLDIRECTOR
Trustee or director
0.5$0
TAMARA FLEMINGFORMER VICE-PRESIDENT
Trustee or director
2$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BILLIE BAILEYEXECUTIVE DIRECTOR THRU DEC 23
Officer
5$0$91,855$10,600
DIANE POPELKADIRECTOR OF FINANCE AND HR
Officer
5$0$63,322$11,433
EDWARD J GALLAGHER IIIPRESIDENT
Trustee or director, Officer
2$0$0$0
TAMMY FLEMINGVICE-PRESIDENT
Trustee or director, Officer
2$0$0$0
STEVE SCHMITTTREASURER
Trustee or director, Officer
2$0$0$0
JOHN J BURNSDIRECTOR
Trustee or director
0.5$0$0$0
CARL HARTSONDIRECTOR
Trustee or director
0.5$0$0$0
BARBARA CORSONDIRECTOR
Trustee or director
0.5$0$0$0
MARY ELLEN WARRENDIRECTOR
Trustee or director
0.5$0$0$0
MARY POTTERDIRECTOR
Trustee or director
0.5$0$0$0
ALICE ROHRETDIRECTOR
Trustee or director
0.5$0$0$0
NIA WILDERDIRECTOR
Trustee or director
0.5$0$0$0
BELINDA CREIGHTON-SMITHDIRECTOR
Trustee or director
0.5$0$0$0
HENRY BEVELDIRECTOR
Trustee or director
0.5$0$0$0
MATTHEW GILBERTDIRECTOR
Trustee or director
0.5$0$0$0
DAVID ALLBAUGHFORMER DIRECTOR
Trustee or director
0.5$0$0$0
KATHY BRECKUNITCHFORMER DIRECTOR
Trustee or director
0.5$0$0$0
DENISE MATTHIASFORMER DIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
503 SOUTH ST, WATERLOO, IA 50701-1517
Principal officer (990 for 2024)
EDWARD J GALLAGHER III, 503 SOUTH STREET, WATERLOO, IA 50701
Signed the 990
EDWARD J GALLAGHER III, DIRECTOR
Phone
(319) 234-6357
Return prepared by
CREATIVE PLANNING TAX LLC

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • GROUT MUSEUM, INC. PROVIDED FUNDING TO THE H.W. GROUT TRUST FOR OPERATIONS OF ITS MUSEUMS IN WATERLOO, IOWA. THE MUSEUMS SERVED APPROXIMATELY 50,000 PEOPLE DURING THE YEAR ENDED JUNE 30, 2025.
    Expenses $909,319 · grants $909,209

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1333059
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$801,734
Income (IRS master file)
$1,667,676

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,667,676$909,319$801,734XML
990June 2024$1,154,733$1,130,692$43,377XML
990June 2023$1,330,636$2,183,525$19,336IRS
990June 2022$1,523,676$810,023$872,225IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1333059).

Questions about GROUT MUSEUM INC

What is the EIN of GROUT MUSEUM INC?
The employer identification number (EIN) of GROUT MUSEUM INC is 42-1333059.
Is GROUT MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to GROUT MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROUT MUSEUM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GROUT MUSEUM INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROUT MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of GROUT MUSEUM INC?
The 990 for the year ended June 30, 2025 names EDWARD J GALLAGHER III.
Who are the officers and directors of GROUT MUSEUM INC?
The 990 for the year ended June 30, 2025 lists 18 people; 0 received compensation from the organization.
How much revenue does GROUT MUSEUM INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,667,676, expenses of $909,319 and total assets of $801,734 at year end.

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