Western Trail Historical Society Inc
- Assets
- $538.8k
- Revenue
- $194.3k
- Investments
- $208.4k
- Employees
- 8
- Location
- Altus, OK
- Founding
- 04/1972
- Data as of
- 12/2021
- EIN
- 73-0792786
Organization Overview
Western Trail Historical Society Inc is located in Altus, OK. The organization was established in 1972. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Western Trail Historical Society Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Trail Historical Society 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, Western Trail Historical Society Inc generated $194.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $115.4k during the year ending 12/2021. While expenses have increased by 10.8% 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 WESTERN TRAIL HISTORICAL SOCIETY SEEKS TO ENABLE THE MUSEUM OF THE WESTERN PRAIRIE TO BE A DRIVING FORCE IN THE CULTURALLIFE AND ECONOMIC DEVELOPMENT OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THESE PROGRAMS ARE DIRECTED TOWARD PUBLIC EDUCATION AND PRESERVING THE LOCAL HISTORY. THEY PROVIDED PROGRAMMING, RESOURCES, AND MATERIAL FOR SIGNIFICANT EVENTS IN THE COMMUNITY. THROUGH THESE EVENTS, PEOPLE LEARN MORE ABOUT ART, MUSIC, HISTORY, AND THEMSELVES. PROGRAM THEMES REPRESENT A CULTURE IN OUR LOCAL AREA AND PROVIDE CITIZENS A VENUE TO ENGGE THE PAST, PRESENT, AND FUTURE.
WE SUPPORT OKLAHOMA HISTORICAL SOCIETY BY HELPING WITH THE COST OF KEEPING THE MUSEUM MAINTAINED AND SAFE FOR THE PUBLIC. OUR PARTNERSHIP WITH OHS IS A MUTUAL ONE AND THE MUSEUM OF THE PRAIRIE BENEFITS.
LIVE AT THE MUSEUM IS A SOPHISTICATED PROGRAMMING SCHEDULE BRINGING TALENTED PROFESSIONALS FROM ACROSS THE NATION TO OUR COMMUNITY. THESE PROFESSIONALS PERFORMED ON STAGES IN FRONT OF PRESIDENTS, KING AND QUEENS, AND OTHER COMMAND PERFORMANCES AROUND THE GLOBE. THEY COME TO OUR COMMUNITY TO PROVIDE AN EXCEPTIONAL LEVEL OF THE FINE ARTS AS AN EXAMPLE TO CHILDREN AND ADULTS ALIKE. THIS CONTINUES OUR LEGACY OF FINE ARTS IN SW OKLAHOMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Vernon President | OfficerTrustee | 4 | $0 |
J Yudell Barton Vice President | OfficerTrustee | 4 | $0 |
Kathy Hale Secretary | OfficerTrustee | 4 | $0 |
Kathy Bayers Treasurer | OfficerTrustee | 4 | $0 |
James Norris Director | Trustee | 3 | $0 |
Tom Yates Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,885 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $99,522 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,407 |
| Total Program Service Revenue | $0 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,978 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,224 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,344 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,093 |
| 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 | $17,279 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,752 |
| Office expenses | $1,025 |
| Information technology | $6,797 |
| 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 | $0 |
| All other expenses | $1,015 |
| Total functional expenses | $115,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,373 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $208,447 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $538,820 |
| 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 |
| Net assets without donor restrictions | $410,798 |
| Net assets with donor restrictions | $128,022 |
| 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 | $538,820 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Western Trail Historical Society Inc has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central City Opera House Association Wheat Ridge, CO | $4,003,841 | $11,954,405 |
Railroad Heritage Inc Topeka, KS | $0 | $93,486 |
Galveston Historical Foundation Inc Galveston, TX | $33,194,723 | $16,815,449 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Oklahoma Hall Of Fame Inc Oklahoma City, OK | $15,367,222 | $1,723,507 |
Mamie Mcfaddin Ward Heritage Foundation Beaumont, TX | $39,179,042 | $6,717,900 |
San Antonio Conservation Society San Antonio, TX | $5,466,281 | $1,168,192 |
Texas State Historical Association Austin, TX | $3,131,063 | $1,524,927 |
Boulder Historical Society Inc Boulder, CO | $19,392,062 | $1,254,110 |
Friends Of The Texas Historical Commission Inc Austin, TX | $2,566,548 | $1,192,867 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |