American Banjo Museum
9 E Sheridan Ave
Oklahoma City OK 73104
Tax Exempt Status Public Supported Charity
Mission Statement
To preserve and promote the banjo while expanding appreciation of its history and music.
 
 
Contact Information
Contact Name Johnny Baier
Contact email dustinpyeatt@americanbanjomuseum.com
Address 9 E Sheridan Ave
Oklahoma City, OK 73104
Phone (405) 604-2793
Fax 405-601-1821
County Oklahoma County
How to Give
Donate to Endowment http://occf.org/banjo/
Other ways to donate, support or volunteer
12 Ways to Make a Gift to the American Banjo Museum
- By Credit Card Online
- By Check – send to:
                       American Banjo Museum
                       9 East Sheridan Ave
                       Oklahoma City, OK 7310
- Multiple-Year Cash Pledge.
- Bequest through Will
- Outright Gift of Real Estate
- Retirement Accounts.
- Personal Property (Collections-Royalty Rights, etc.)
- Appreciated Stock
- Bonds, Mutual Funds
- Gift of Life Insurance
- Real Estate with Life Tenancy
- In-Kind Gifts
Financial Summary
 
 
Projected Revenue $580,696.00
Projected Expenses $574,420.00
History and Background
Former Names
NameYear
National Four-String Banjo Hall of Fame Museum2008
Year Founded 1998
IRS Ruling Year 1998
State Registration Expiration Dec 2015
Statements
Mission
To preserve and promote the banjo while expanding appreciation of its history and music.
 
 
Background
The American Banjo Museum is a $5 million, world-class 21,000 square foot facility honoring the rich history, vibrant spirit and unlimited future of the banjo. The museum contains more than 300 instruments, the largest collection on public display in the world. Examples include replicas of primitive banjos developed by African slaves in the Old South, Minstrel Age instruments from 19th century, post WWII instruments used in bluegrass, folk and world music, and museum’s core collection of ornately decorated banjos made in America during the Jazz Age of the 1920’s and 30s.
 
Originally located in Guthrie, Oklahoma, the ABM was founded as a nonprofit organization in 1998 by Midwest City attorney, Brady Hunt and Indiana industrialist, Jack Canine under its previous name,The National Four-String Banjo Hall of Fame Museum. Mr. Canine, a retired Indiana industrialist as well as banjo player and enthusiast, has stated his belief that preserving and promoting the history of the banjo, America’s adopted native musical instrument, is a very important mission for future generations.
 
“Originally the Museum was founded primarily by and for enthusiasts and players of the four-string banjo, the predominate stringed instrument associated with the jazz age of the 1920s and early 30s,” commented ABM Executive Director, Johnny Baier. In contrast to that beginning, Baier noted that the banjo - in many different forms and musical styles - has been evolving for over 350 years, continuing that the new ABM is committed to presenting every chapter of the banjo’s story, from it’s roots in American slavery to its most recent identities in Bluegrass and international folk music.
 
The banjo was introduced to America by the African slave culture in the mid 1600s and remained exclusive to the black culture for nearly 200 years.  Replicas of several of these ancient instruments are on display as visitors enter the museum.  As the museum experience continues, visitors see examples of banjos made during the late 19th century during the so-called Minstrel Age of music when the banjo moved from the plantation to the stage and concert hall gaining broad public interest.

For the bluegrass music fan the name Gibson is synonymous with quality banjos.  A special gallery in the museum spotlights a large collection of Gibson Mastertone banjos manufactured during the company’s golden years of the 1920s and 30s, including an extremely rare, pre-war Gibson five-string banjo valued at more than $175,000.00.

 
The second floor is home to the museum’s centerpiece collection of more than 200 four-string banjos from the Jazz Era of banjo music.  These magnificent instruments are in superb condition, with ornate designs and tonal sound qualities which are literally frozen in time.  Each banjo in this exclusive collection is a work of art, illustrating the ingenuity, craftsmanship and dedication of the artisans who created these masterpieces nearly a century ago.
 
To help fund operations, an endowment to benefit the Museum has been established with the Oklahoma City Community Foundation.  Established through an anchor gift of $5 million made by Jack Canine, others wishing to contribute to the Museum’s endowment through tax deductible donations may do so through the Foundation.
 
The collection of the American Banjo Museum is nothing short of a national treasure.
Impact

In Jan. 2016, the museum launched its largest exhibit, “The Banjo World of Steve Martin,” and brought on new staff to better serve our members and patrons. We’re also working on new concerts, events, educational opportunities and on building stronger partnerships with the Oklahoma City Community.

Needs

The museum needs funds to grow our acquisitions and to bring in new, national acts to Oklahoma City. We’re also raising money and seeking grants to fund a traveling exhibit.

CEO/Executive Director Statement Home to the world's largest collection of banjo related instruments, audio and video recordings, artifacts and ephemera, the American Banjo Museum is truly a national treasure.  A strong financial basis coupled with intelligent and active board support allows the ABM to be poised to continue telling the story of the banjo's colorful evolution for generations yet to come.
Area Served
Area Served
Geographic Area Served
National
The American Banjo Museum is a national museum that also works to be a good partner in the Oklahoma City community.
Service Categories
Secondary Organizational Category Arts,Culture & Humanities/History Museums
Tertiary Organizational Category Arts,Culture & Humanities/Folk Arts
Programs
Description
The American Banjo Museum is a $5 million, world-class 21,000 square foot facility honoring the rich history, vibrant spirit and unlimited future of the banjo. The museum contains more than 450 instruments, the largest collection on public display in the world. Examples include replicas of primitive banjos developed by African slaves in the Old South, Minstrel Age instruments from 19th century, post WWII instruments used in bluegrass, folk and world music, and museum’s core collection of ornately decorated banjos made in America during the Jazz Age of the 1920’s and 30s. 
Strategy
Population Served General/Unspecified Families Adults
Description Each year the ABM honors banjo pioneers as well as contemporary performers, educators, manufacturers and promoters who carry on the traditions of their predecessors with election to the American Banjo Museum Hall of Fame.
Strategy
Population Served General/Unspecified Adults Families
Description The ABM archive contains 1000s of individual pieces of sheet music as well as song books and folios.  While most of the items in this collection are banjo specific, a large number of songs from America's past are present as well.   Digital copies of items from this collection which are in the public domain and/or are no longer commercially available may be obtained upon request.  Direct inquiries to Margie Smith-Robbins, email luv4strings@sbcglobal.net.
Strategy
Population Served General/Unspecified Adults Families
Description The American Banjo Museum Store offers a wide variety of banjo related merchandise including apparel, audio and video recordings, publications and ABM souvenirs.  Additionally, an array of unique Oklahoma items are available as well.
 
Click on the links below to see featured store items that are available for mail order purchase
 CD's - http://www.americanbanjomuseum.com/museum-store/
 Apparel - http://www.americanbanjomuseum.com/store-cafe/museum-store-apparel/
 Publications - http://www.americanbanjomuseum.com/museum-store-book/
 
To cap off your visit, relax in the ABM Cafe with a cold drink or cup of coffee and a tasty bakery treat.
 
The ABM Store and Cafe are open Tuesday thru Saturday from 11AM until 6PM and Sunday from Noon until 5PM.
Strategy
Population Served Adults General/Unspecified Families
CEO/Executive Director
CEO/Executive Director Johnny Baier
Start Date Jan 2004
Email banjomuseum@sbcglobal.net
Experience Coming from a performance background as a professional banjoist, ABM executive director, Johnny Baier, began working with music related nonprofits in the mid 1990s.  Coincidentally, Baier has also been active in both the study of banjo history as well as the buying and selling of historically significant vintage banjos for over 40 years.  Baier is a world renown banjo journalist, editing and publishing ALL FRETS magazine as well as contributing to every major fretted instrument journal.  Although not from a museum science background, his passion, varied skill set and encyclopedic knowledge of banjo history have proven to be a perfect match for the needs of the ABM.
Senior Staff
NameTitle
Johnny BaierExecutive Director
Dustin PyeattOutreach & Development Manager
Janet RainesSales & Events
Margie Smith-RobbinsAdministrative and Retail
Staff
Number of Full-time Staff 4
Number of Part-time Staff 1
Number of Contract Staff 2
Number of Volunteers 4
Staff Retention Rate 90
Are professional development opportunities provided? Yes
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Staff Demographics - Ethnicity
Caucasian 7
Staff Demographics - Gender
Male 2
Female 5
Organizational Plans
Fundraising Plan No
Policy against commission-based compensation for fundraising consultant Yes
Communication Plan No
Strategic Plan No
Management Succession Plan Under Development
Organization Policies and Procedures Yes
Awards
Awards
Award/RecognitionOrganizationYear
Redbud Award - Best New AttractionOklahoma Department of Tourism2010
Risk Management Provisions
Commercial General Insurance
Directors and Officers Policy
Fine Arts and Collectibles
Medical Health Insurance
Government Licenses
Is your organization licensed by the government (federal, state and/or local)? No
Board Chair
Name Doug Parsons
Company Affiliation self employed
Term Jan 2010 to Dec 2019
Email dougparsons@ameritech.net
Board of Directors
List Current as of Nov 23, 2016
Board of Directors List
NameAffiliationStatus
Bob Alexius Voting
Robert Alexius Voting
Jack Canine Voting
Lester Cowden Jr.Voting
Juston Givens Voting
Roger Hale Voting
Jens Kruger Voting
Donald Lewis Voting
Michael Mason Voting
Ellie Mowery Voting
Jack Murphy Voting
Brian Newsom Voting
Doug Parsons Voting
Paul Poirier Voting
Danny Rubio Voting
Devin Tower Voting
Board Demographics - Ethnicity
Caucasian 14
Board Demographics - Gender
Male 13
Female 1
Governance
Board Term Lengths 3 years
Percentage of Board Making Monetary Contributions to the Organization 100 %
Percentage of Board Making In-Kind Contributions to the Organization 100 %
Board Orientation No
Constituency Includes Client Representation No
Written Board Selection Criteria? No
Standing Committees
Audit
Capital Campaign
Finance
Current Fiscal Year
Fiscal Year Jan 01, 2017-Dec 31, 2017
Current Year Budgeted Total Income $580,696
Current Year Budgeted Total Expenses $574,420
Financial Documents
Audit2009
IRS Letter of Determination
Prior Three Years' Financial History
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201520142013
Total Revenue$1,575,625$776,045$391,684
Total Expenses$575,058$609,057$468,136
Revenue Less Expenses$1,000,567$166,988($76,452)
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Contributions------
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions$1,522,510$668,408$349,704
------
$31,523$77,394$23,270
Investment Income, Net of Losses$323$4,073$273
Unrealized Gain/Loss------
Membership Dues$4,304$13,315$1,220
Special Events------
Revenue In-Kind------
Other$16,965$12,855$17,217
Expense Allocation
Fiscal Year201520142013
Program Expense$265,491$274,656$214,230
Administration Expense$144,184$212,565$181,137
Fundraising Expense$165,383$121,836$72,769
Payments to Affiliates------
Total Revenue/Total Expenses2.741.270.84
Program Expense/Total Expenses46%45%46%
Fundraising Expense/Contributed Revenue11%18%21%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$7,395,607$6,392,389$6,228,371
Current Assets$1,885,873$754,340$455,449
Long-Term Liabilities$300,000$300,000$300,000
Current Liabilities$5,634$2,983$5,953
Total Net Assets$7,089,973$6,089,406$5,922,418
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities334.73252.8876.51
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets4%5%5%
Funding Sources
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountIndividuals $1,522,510Individuals $668,408Individuals $349,704
Second Highest Funding Source & Dollar AmountEarned Revenue $31,523Earned Revenue $77,394Earned Revenue $23,270
Third Highest Funding Source & Dollar AmountOther $16,965Memberships $13,315Other $17,217
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 5 %
Credit Line? No
Reserve Fund? No
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose Build endowment, develop acquisition and program funding, additional staffing
Campaign Goal $5,000,000
Campaign Dates Nov 2014 to Nov 2016
Capital Campaign Anticipated in Next Five Years? No
Comments on Financials
Foundation Staff Comments
All prior year financial information is from IRS Form 990s.
 
The financial information presented is obtained from the following sources: IRS Form 990, independent audit reports, financial statements – board approved when available, and supplemental information from the organization. We do not warrant or guarantee the timeliness, errors or inaccuracies. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or interpretation by OCCF staff. 
 
Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.
Address 9 E Sheridan Ave
Oklahoma City, OK 73104
Primary Phone 405 604-2793
Give to Endowment http://occf.org/banjo/
CEO/Executive Director Johnny Baier
Board Chair Doug Parsons
Board Chair Company Affiliation self employed