Houston Museum Of Decorative Arts
- Assets
- $222.8k
- Revenue
- $153.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Chattanooga, TN
- Founding
- 01/1967
- Data as of
- 05/2022
- EIN
- 62-0712778
Organization Overview
Houston Museum Of Decorative Arts is located in Chattanooga, TN. The organization was established in 1967. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, Houston Museum Of Decorative Arts employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Museum Of Decorative Arts 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 05/2022, Houston Museum Of Decorative Arts generated $153.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $139.5k during the year ending 05/2022. While expenses have increased by 11.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HOUSTON MUSEUM OF DECORATIVE ARTS IS TO PRESERVE, ENHANCE, PRESENT, AND PROMOTE THE DECORATIVE ART COLLECTION OF THE LATE ANNA SAFLEY HOUSTON FOR PUBLIC UNDERSTANDING, EDUCATION, AND ENJOYMENT; TO INCREASE PUBLIC UNDERSTANDING AND ENJOYMENT OF THE CREATIVE EFFORTS INVOLVED IN MAKING DECORATIVE ART OBJECTS; AND TO INCREASE PUBLIC UNDERSTANDING OF THE SOCIAL AND CULTURAL INFLUENCES ON THE DECORATIVE ARTS DOWN THROUGH THE CENTURIES.
Describe the Organization's Program Activity:
MUSEUM STAFF AND VOLUNTEERS PROVIDE GUIDED TOURS OF THE MUSEUM FOR VISITORS.
MUSEUM STAFF AND VOLUNTEERS ORGANIZE SPECIAL EVENTS FOR EDUCATIONAL OUTREACH PURPOSES.
MUSEUM STAFF AND VOLUNTEERS OPERATE A GIFT AND SOUVENIR SHOP FOR MUSEUM VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Allen President | OfficerTrustee | 1 | $0 |
Cindy Painter Vice President | OfficerTrustee | 1 | $0 |
Linda Sherrell Treasurer | OfficerTrustee | 1 | $0 |
Kathi Grant Willis Corr. Secretary | OfficerTrustee | 1 | $0 |
Jane Lupton Rec. Secretary | OfficerTrustee | 1 | $0 |
Lori Cleghorn Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,085 |
| Total Program Service Revenue | $8,362 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,631 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,035 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,559 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,254 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,988 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,771 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,045 |
| 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 | $3,931 |
| Insurance | $896 |
| All other expenses | $2,443 |
| Total functional expenses | $139,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,499 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,213 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,760 |
| Prepaid expenses and deferred charges | $1,500 |
| Net Land, buildings, and equipment | $9,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,012 |
| Total assets | $222,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $10,793 |
| 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 | $2,161 |
| Total liabilities | $12,954 |
| Net assets without donor restrictions | $199,276 |
| Net assets with donor restrictions | $10,571 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $222,801 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Houston Museum Of Decorative Arts has recieved totaling $90.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $90 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crystal Bridges Museum Of American Art Inc Bentonville, AR | $1,732,386,844 | $177,931,616 |
Nelson Gallery Foundation Kansas City, MO | $610,782,059 | $25,702,378 |
Cheekwood Botanical Garden And Museum Of Art Nashville, TN | $58,316,106 | $17,726,545 |
The Chrysler Museum Inc Norfolk, VA | $126,873,495 | $33,956,756 |
J B Speed Art Museum Louisville, KY | $144,061,757 | $14,473,949 |
Mint Museum Of Art Inc Charlotte, NC | $80,854,701 | $6,923,462 |
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Glass-Glen Burnie Museum Inc Winchester, VA | $37,985,540 | $7,078,309 |
Mississippi Museum Of Art Inc Jackson, MS | $2,798,163 | $5,472,334 |
Telfair Museum Of Art Inc Savannah, GA | $65,681,011 | $7,397,922 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
The Taubman Museum Of Art Roanoke, VA | $68,810,995 | $4,453,447 |