Texas Redmen Foundation Inc is located in Waco, TX. The organization was established in 2003. According to its NTEE Classification (A54) the organization is classified as: History 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 Redmen Foundation 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 Redmen Foundation Inc generated $225.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $172.5k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES OF THIS CORPORATION IS TO ADMINISTER THE OPERATIONS OF THE RED MEN MUSEUM AND LIBRARY WHICH IS TO BE AN EDUCATIONAL & RESEARCH INSTITUTION WITHIN THE MEANING OF THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TEXAS TAX CODE 11.18(C).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTERING THE RED MEN MUSEUM & LIBRARY AS AN EDUCATIONAL AND RESEARCH INSTITUTION BY COLLECTING, CATALOGING AND PRESERVING FOR USE AND ENJOYMENT OF PRESENT AND FUTURE GENERATIONS THE HISTORY OF THE IMPROVED ORDER OF RED MEN, THE HISTORY OF TEXAS AND THE UNITED STATES OF AMERICA, BY PROVIDING THESE COLLECTIONS FOR EDUCATIONAL PROGRAMS AND EXHIBITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Lintz Executive Director | Officer | 40 | $62,604 |
John Grier President | OfficerTrustee | 1 | $1,000 |
Kevin Isbell Vice President | OfficerTrustee | 1 | $1,000 |
Carlos Nunez Secretary | OfficerTrustee | 1 | $1,000 |
Jim Harrison Treasurer | OfficerTrustee | 1 | $1,000 |
Jay Johnson Director | Trustee | 1 | $500 |
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 | $108,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $108,500 |
Total Program Service Revenue | $0 |
Investment income | $73,135 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $43,450 |
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 | $225,185 |
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. | $67,104 |
Compensation of current officers, directors, key employees. | $4,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,789 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,475 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,467 |
Office expenses | $2,984 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $48,711 |
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 | $19,341 |
Insurance | $14,011 |
All other expenses | $0 |
Total functional expenses | $172,476 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,111 |
Savings and temporary cash investments | $1,734,483 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,160 |
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 | $1,481,839 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,256,593 |
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 | $7,925 |
Total liabilities | $7,925 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $3,248,668 |
Total liabilities and net assets/fund balances | $3,256,593 |
Over the last fiscal year, we have identified 1 grants that Texas Redmen Foundation Inc has recieved totaling $9,950.
Awarding Organization | Amount |
---|---|
Improved Order Of Red Men Of Texas Fort Worth, TX PURPOSE: Scholarships | $9,950 |
Organization Name | Assets | Revenue |
---|---|---|
National World War Ii Museum Inc New Orleans, LA | $356,423,154 | $49,812,071 |
Dallas Holocaust Museum Dallas, TX | $66,648,208 | $7,378,894 |
Alamo Trust Inc San Antonio, TX | $7,473,583 | $9,052,846 |
Lone Star Flight Museum Houston, TX | $40,810,370 | $4,057,590 |
Dallas County Historical Foundation Dallas, TX | $11,613,862 | $4,636,701 |
Bryan Texana Foundation Houston, TX | $8,461,183 | $2,408,537 |
Port Terminal Railroad Association Employee Benefit Plan Houston, TX | $666,713 | $3,214,049 |
Museum Of South Texas History Edinburg, TX | $13,050,416 | $3,078,245 |
National Atomic Museum Foundation Albuquerque, NM | $7,001,482 | $2,166,618 |
National Wasp Wwii Museum Inc Sweetwater, TX | $6,526,024 | $2,354,607 |
Fort Bend History Association Richmond, TX | $2,253,912 | $1,581,354 |
Panhandle-Plains Historical Society Canyon, TX | $16,000,249 | $2,121,798 |