The information for King High Historical Foundation is as of the organization's most recent filing in December '17. This organization is located in Kingsville, TX. It has been in existence for 9 years, following its founding in 2008.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The King High Historical Foundation's NTEE code is A61. The "A" tells us that the organization is classified under Arts, Culture & Humanities. The "61" tells us that the organization is specifically focused on Performing Arts Centers. According to the NTEE description, Performing Arts Centers are organizations that operate facilities including theaters for the performing arts. The foundation falls under section code 3, which includes Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations. The mission of the King High Historical Foundation is to raise funds for the development, construction, and management of the historic HM King High School building and potentially other nearby structures in Kleberg County, Texas. The renovated building now serves as the City Hall for the City of Kingsville and can also be used to provide educational and cultural programs about the role, purpose, and value of government, as well as increase public understanding, visibility, and access to government, culture, and nature resources.
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.
King High Historical Foundation is run by Helen K Groves, who is the President. The organization does not have any paid employees or volunteers, except for one volunteer.
The King High Historical Foundation, based on the provided information, seems to have some areas for improvement in its governance practices. The organization has a relatively small board of 5 voting members, with 3 independent members. Having independent members can help ensure that decisions are made in the best interest of the organization and not influenced by personal or financial relationships. However, it is unclear whether potential conflicts of interest are properly addressed and disclosed. The organization does have a conflict of interest policy, which is a positive step, but it does not require disclosure of conflicts. This lack of disclosure could potentially lead to conflicts of interest going unnoticed or unaddressed. One concerning aspect of the organization's governance is the lack of documentation for board and committee meetings. Documenting these meetings is crucial for transparency and accountability. Without proper documentation, it becomes difficult to track decisions, actions, and discussions, which can lead to confusion or disputes in the future. Additionally, the organization does not have a written whistleblower policy or a document retention policy. These policies are important for promoting a culture of accountability and ensuring that any potential misconduct or wrongdoing is appropriately reported and addressed. Another area that requires improvement is the organization's review of leadership and officer salaries. The organization does not substantiate or review these salaries, which can raise concerns about potential misuse of funds or excessive compensation. It is important for non-profit organizations to regularly review and justify salaries to ensure that they are reasonable and in line with the organization's mission and financial capabilities. On a positive note, the organization does provide copies of the 990 form to the board prior to filing. The 990 form is a financial disclosure document that provides transparency about a non-profit organization's activities and finances. By sharing this information with the board, the organization demonstrates a commitment to transparency and accountability. In conclusion, while the King High Historical Foundation has some positive aspects in its governance practices, such as having independent board members and providing the 990 form to the board, there are several areas that require improvement. The organization should prioritize documenting board and committee meetings, implementing a whistleblower policy and a document retention policy, and reviewing leadership and officer salaries. These steps would enhance transparency, accountability, and overall governance within the organization.
The King High Historical Foundation has experienced a decrease in contributions and grants received, as well as total revenue, from $100.8K in 2014 to $27.7K in 2017. This suggests that the nonprofit organization has not grown financially over this time period. Additionally, the number of total volunteers has decreased from 7 in 2014 to 1 in 2017, indicating a decline in volunteer participation. On the other hand, total expenses have increased from $9.5K in 2014 to $33.4K in 2017, suggesting that the organization's operational costs have risen. Overall, considering the decrease in financial support and volunteer involvement, along with the increase in expenses, it can be concluded that the King High Historical Foundation has not grown over the given time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Caroline A Forgason Vice President | OfficerTrustee | 1 | $0 |
Helen K Groves President | OfficerTrustee | 1 | $0 |
Jane H Macon Secretary | OfficerTrustee | 1 | $0 |
Sam R Fugate Director | Trustee | 1 | $0 |
Joe Henkel Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ferrell Brown & Associates Inc Architectural Servic | 12/30/14 | $249,326 |
Rusty Van Fleet Construction Inc Contractor | 12/30/14 | $141,966 |
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 |
Over the last fiscal year, we have identified 4 grants that King High Historical Foundation has recieved totaling $94,000.
Awarding Organization | Amount |
---|---|
Caesar Kleberg Foundation For Wildlife Conservation Kingsville, TX PURPOSE: CHARITABLE PURPOSES | $90,000 |
Patricia Lewis Zoch Childrens Foundation Fredericksburg, TX PURPOSE: HUMAN WELFARE | $1,500 |
Patricia Lewis Zoch Childrens Foundation Fredericksburg, TX PURPOSE: HUMAN WELFARE | $1,500 |
The Hazelwood Foundation San Antonio, TX PURPOSE: HISTORIC PRESERVATION | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Greater Austin Performing Arts Center Austin, TX | $60,832,333 | $4,600,967 |
Oklahoma Contemporary Arts Center Inc Oklahoma City, OK | $30,073,274 | $4,620,457 |
Stages Houston, TX | $35,203,862 | $5,949,704 |
Lubbock Entertainment And Performing Arts Association Lubbock, TX | $190,146,565 | $3,966,271 |
Tulsa Performing Arts Center Trust Tulsa, OK | $9,008,592 | $6,495,113 |
Contemporary Arts Center New Orleans, LA | $8,950,916 | $2,836,743 |
Preservation Hall Foundation Inc New Orleans, LA | $2,657,700 | $2,671,447 |
El Dorado Festivals & Events Inc El Dorado, AR | $56,070,172 | $5,007,919 |
Georgetown Palace Theatre Inc Georgetown, TX | $7,443,591 | $5,634,871 |
Sammons Center For The Arts Dallas, TX | $1,480,385 | $820,044 |
Outpost Productions Inc Albuquerque, NM | $1,676,831 | $1,136,124 |
Brandon House Cultural & Performing Arts Center Little Rock, AR | $450,081 | $774,145 |