Texas County Museum Of Art And History
- Assets
- $2.1m
- Revenue
- $12.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Licking, MO
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 01-0764731
Organization Overview
Texas County Museum Of Art And History is located in Licking, MO. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas County Museum Of Art And History is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Texas County Museum Of Art And History generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (40.2%) each year. All expenses for the organization totaled $10.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EXHIBIT ARTIFACTS AND FINE ART OF HISTORIC AND AESTHETIC VALUE FROM AROUND THE WORLD. TO COLLECT AND PRESERVE LOCAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CURRENT RIVER ARTISTS ARE A GROUP OF LOOSELY ORGANIZED ARTISTS WHO WORK AND DISPLAY AT THE MUSEUM. WHEN ARTWORK IS SOLD, A COMMISSION IS PAID TO THE ARTIST. REVENUES ARE REPORTED AT THE GROSS AMOUNT RECEIVED AND COMMISSIONS ARE INCLUDED IN THE EXPENSES.
TWENTY-FIVE WORKSHOPS WERE CONDUCTED IN FINE ARTS AND TRADITIONAL CRAFTS IN WHICH 123 STUDENTS PARTICIPATED. REVENUES INCLUDE CLASS FEES AND EXPENSES CONSIST OF SUPPLY COSTS.
EIGHT SPECIAL EVENTS TO EDUCATE AND INFORM THE PUBLIC ABOUT THE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Duncan Curator/bookkeeper | Officer | 12 | $3,000 |
Brian Friend Past Board President | Officer | 1 | $0 |
Sandra Campbell Naramore President | Officer | 1 | $0 |
Dan Hatch Board Member | Trustee | 1 | $0 |
Carolyn Wulff Board Member | Trustee | 1 | $0 |
Sandy Campbell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,552 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,962 |
| Total Program Service Revenue | $4,613 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,575 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $67 |
| Office expenses | $1,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,842 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,103,682 |
| Total assets | $2,116,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $12,600 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,103,682 |
| Total liabilities and net assets/fund balances | $2,116,282 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
The Arts And Recreation Foundation Of Overland Park Inc Overland Park, KS | $7,303,812 | $3,542,683 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Exploration Place Inc Wichita, KS | $29,741,149 | $4,435,159 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Cosmosphere Inc Hutchinson, KS | $12,276,263 | $5,989,265 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |