Nonprofit · EIN 92-0104683
MUSK OX DEVELOPMENT CORPORATION
Tax-exempt · PALMER, AK 99645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,189,454 | $789,678 | $399,776 | $2,247,202 | $8,343 | $2,238,859 |
| December 31, 2023 | 990 | $825,020 | $765,882 | $59,138 | $1,849,325 | $10,242 | $1,839,083 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $616,448
- of which government grants
- $11,826
- Program service revenue
- $246,938
- Investment income
- $1,266
- Net gain from sales of assets
- -$5,559
- Net income from fundraising events
- $38,516
- Net income from gaming
- $7,227
- Net income from sales of inventory
- $272,779
- Other revenue
- $324,802
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $132,005
- Other salaries and wages
- $323,299
- Salaries, compensation and benefits (total)
- $500,226
- Professional fundraising fees
- $0
- Accounting fees
- $1,371
- Occupancy
- $16,545
- Travel
- $5,189
- Depreciation
- $77,355
- Program services (functional)
- $585,193
- Management and general (functional)
- $204,485
Balance sheet and other
- Total assets, start of year
- $1,849,325
- Total assets, end of year
- $2,247,202
- Total liabilities, end of year
- $8,343
- Net assets, end of year
- $2,238,859
- Land, buildings and equipment
- $1,664,351
- Gross receipts
- $1,407,678
- Employees
- 25
- Volunteers
- 35
- Year formed
- 1985
- State of legal domicile
- AK
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mark Austin | Executive Dir. Officer | 40 | $126,100 | $5,905 |
| Lansing Teal | President Trustee or director, Officer | 0.5 | $0 | $0 |
| Connie Fredenberg | Vice President Trustee or director, Officer | 0.5 | $0 | $0 |
| Bart Watson | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Will Peabody | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Dr Pam Groves | Director Trustee or director | 0.5 | $0 | $0 |
| Bill Mohrwinkel | Director Trustee or director | 0.5 | $0 | $0 |
| Shelly Laws | Director Trustee or director | 0.5 | $0 | $0 |
| Tracy Del Duca | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Austin | Executive Dir. Officer | 40 | $126,236 |
| Dr Pam Groves | President Trustee or director, Officer | 0.5 | $0 |
| Connie Fredenberg | Vice President Trustee or director, Officer | 0.5 | $0 |
| Lansing Teal | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Will Peabody | Secretary Trustee or director, Officer | 0.5 | $0 |
| Bart Watson | Director Trustee or director | 0.5 | $0 |
| Bill Mohrwinkel | Director Trustee or director | 0.5 | $0 |
| Shelly Laws | Director Trustee or director | 0.5 | $0 |
| Tracy Del Duca as of 1023 | Director Trustee or director | 0.5 | $0 |
| John McKee until 323 | Director Trustee or director | 0.5 | $0 |
| Talis Colberg until 523 | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 587, PALMER, AK 99645-0587
- Principal officer (990 for 2024)
- Lansing Teal, PO Box 587, Palmer, AK 996450587
- Signed the 990
- Connie Fredenberg, Vice President
- Phone
- (907) 745-4151
- Website
- www.muskoxfarm.org
- Return prepared by
- Fosselman & Associates CPAs
Mission
Musk ox domestication and wool industry development with related education objectives.
Program accomplishments
- The non-profit Musk Ox Farm is dedicated to the gentle husbandry of the musk ox, an Ice Age mammal that once roamed the earth alongside saber-tooth tigers and woolly mammoths. From the Inupiaq language, Oomingmak, means The Bearded One. This once-endangered animal produces an annual harvest of qiviut (kiv'-ee-yoot), the finest wool in the world.?We welcome visitors to the farm for a close-up experience of these magnificent Paleolithic ruminants with guided tours, engaging exhibits, and our gift shop featuring some of the world's only gently hand-combed qiviut fiber, qiviut yarn, and qiviut garments. We also host community fundraising events and educational programming throughout the year. Visit our picturesque farm surrounded by the majestic Chugach and Talkeetna mountains. Our historic 1930s-era Colony farm is located just 45 miles north of Anchorage in the Matanuska Valley, the heart of Alaskan agriculture.Expenses $585,193 · revenue $525,997
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0104683
- 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
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,247,202
- Income (IRS master file)
- $1,407,678
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,189,454 | $789,678 | $2,247,202 | XML |
| 990 | December 2023 | $825,020 | $765,882 | $1,849,325 | XML |
| 990 | December 2022 | $621,444 | $719,964 | $1,784,785 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 92-0104683).
Questions about MUSK OX DEVELOPMENT CORPORATION
- What is the EIN of MUSK OX DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MUSK OX DEVELOPMENT CORPORATION is 92-0104683.
- Is MUSK OX DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to MUSK OX DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MUSK OX DEVELOPMENT CORPORATION 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 MUSK OX DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSK OX DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MUSK OX DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Lansing Teal.
- Who are the officers and directors of MUSK OX DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $126,100 (Mark Austin, Executive Dir.).
- How much revenue does MUSK OX DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,189,454, expenses of $789,678 and total assets of $2,247,202 at year end.
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- ALASKA FAMILY SERVICES INC EIN 92-0078235 · last filed 990 for 2025
- ALASKA COMMUNITY DEVELOPMENT CORP EIN 92-0073911 · last filed 990 for 2025
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- HATCHER ALPINE XPERIENCE EIN 81-1056780 · last filed 990 for 2025
- PALMER SENIOR CITIZENS CENTER INC EIN 92-0078503 · last filed 990 for 2025