Texas Cowboy Hall Of Fame Inc is located in Fort Worth, TX. 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 Cowboy Hall Of Fame Inc 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 Cowboy Hall Of Fame Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $818.5k during the year ending 12/2021. While expenses have increased by 20.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE TEXAS COWBOY HALL OF FAME PROVIDES VISITORS A SIMULATED RETURN TO THE HISTORY AND CULTURE OF THE OLD WEST. THE EXHIBITS HONOR TEXAS COWBOYS AND COWGIRLS WHO HAVE EXCELLED IN THEIR RODEO CAREERS. DISPLAY BOOTHS INCLUDE SADDLES, CHAPS, BELT BUCKLES, TROPHIES, AND PHOTOS THAT HIGHLIGHT THEIR CAREERS ALONG WITH OTHER MEMORABILIA. ATTENDANCE AT THE MUSEUM FOR THE YEAR ENDED DECEMBER 31, 2021 WAS 4,118.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Schumacher Treasurer | 0 | $0 | |
Julia Buswald Director | 0 | $0 | |
Pam Minick Vice Preside | 0 | $0 | |
Hub Baker Director | 0 | $0 | |
Lo Brightbill III Director | 0 | $0 | |
Jo A Hickman Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $137,054 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $146,296 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $69,245 |
Other Income | $393,580 |
Total Revenue | $1,134,320 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $130,306 |
Pension plans, employee benefits | $21,565 |
Interest | $42,524 |
Taxes | $317 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $602,566 |
Total operating and administrative expenses | $818,545 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $818,545 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $779,219 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | -$5,855 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $9,068 |
Prepaid expenses and deferred charges | $38,588 |
Net Investments - land, buildings, equipment | $4,041,713 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $2,333 |
Other assets | $18,627 |
Total assets | $4,883,693 |
Accounts payable and accrued expenses | $17,721 |
Grants payable | $0 |
Deferred revenue | $19,475 |
Loans and other payables to any current Officer, Director, or Controlling Person | $1,300,000 |
Mortgages and other notes payable | $334,548 |
Other liabilities | $58,063 |
Total liabilities | $1,729,807 |
Over the last fiscal year, we have identified 3 grants that Texas Cowboy Hall Of Fame Inc has recieved totaling $37,739.
Awarding Organization | Amount |
---|---|
Roach Foundation Inc Ft Worth Club Tower Penthouse Ii-J Fort Worth, TX PURPOSE: GENERAL SUPPORT | $20,600 |
Dogwood Foundation Poolville, TX PURPOSE: CONTRIBUTION | $17,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $139 |
Organization Name | Assets | Revenue |
---|---|---|
Holy Land Experience Ministries Inc Fort Worth, TX | $0 | $1,182,196 |
Museum Of The Bible Inc Oklahoma City, OK | $471,961,036 | $30,370,412 |
Commemorative Air Force Dallas, TX | $31,700,187 | $23,919,156 |
Witte Museum San Antonio, TX | $80,577,156 | $11,273,075 |
American Airpower Heritage Museum Inc Dallas, TX | $14,350,324 | $12,462,262 |
National Cowboy And Western Heritage Museum Inc Oklahoma City, OK | $111,505,092 | $15,269,819 |
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Lady Lex Museum On The Bay Association Corpus Christi, TX | $13,577,755 | $8,975,317 |
Medal Of Honor Museum Foundation Arlington, TX | $99,959,490 | $88,628,383 |