Complex sentence: Local residents formed a non-profit organization that raised $1 million in a little more than seven months to buy the collection and house it in the location of the former G.C. Murphy five and dime store on Liberty Street.
Split into simpler sentences: Local residents formed a non-profit organization that raised $1 million in a little more than seven months to buy the collection. The museum is housed in the location of the former G.C. Murphy five and dime store on Liberty Street.