King High Historical Foundation is located in Kingsville, TX. The organization was established in 2008. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. King High Historical Foundation 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 12/2017, King High Historical Foundation generated $27.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS CREATED TO RAISE FUNDS TO BE USED IN THE DEVELOPMENT, CONSTRUCTION, AND MANAGEMENT OF THE HISTORIC HM KING HIGH SCHOOL BUILDING AND PERHAPS OTHER NEARBY STRUCTURES IN KLEBERG COUNTY, TEXAS. THE HISTORIC HM KING HIGH SCHOOL BUILDING, WITH RENOVATIONS COMPLETED, HAS TRANSITIONED TO USE AS CITY HALL FOR THE CITY OF KINGSVILLE. ADDITIONALLY, THE RENOVATED BUILDING CAN BE USED TO PROVIDE EDUCATIONAL AND CULTURAL PROGRAMS FOR THE PUBLIC ABOUT THE ROLE, PURPOSE AND VALUE OF GOVERNMENT AND TO INCREASE PUBLIC UNDERSTANDING, VISIBILITY AND ACCESS TO THE RESOURCES OF GOVERNMENT, CULTURE AND NATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INITIALLY FORMED TO IMPLEMENT THE REHABILITATION AND RESTORATION OF THE 1909 H.M. KING HIGH SCHOOL LOCATED IN THE CITY OF KINGSVILLE, KLEBERG COUNTY, THE BUILDING RENOVATIONS ARE NOW COMPLETE. THE RENOVATED BUILDING NOW SERVES AS CITY HALL FOR THE CITY OF KINGSVILLE. THE OFFICES OF THE MAYOR, CITY MANAGER AND CITY COMMISSIONERS ARE HOUSED IN THE RENOVATED BUILDING, AS WELL AS THE HUMAN RESOURCES AND LEGAL DEPARTMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Helen K Groves President | OfficerTrustee | 1 | $0 |
Caroline A Forgason Vice President | OfficerTrustee | 1 | $0 |
Jane H Macon Secretary | OfficerTrustee | 1 | $0 |
Joe Henkel Director | Trustee | 1 | $0 |
Sam R Fugate Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rusty Van Fleet Construction Inc Contractor | 12/30/14 | $141,966 |
Ferrell Brown & Associates Inc Architectural Servic | 12/30/14 | $249,326 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $27,695 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,695 |
Total Program Service Revenue | $0 |
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 | $27,695 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
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 | $2,330 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $4,267 |
All other expenses | $0 |
Total functional expenses | $33,357 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $36,696 |
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 | $3,685,590 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,722,286 |
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 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $3,722,286 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $3,722,286 |