Greater Southwest Historical Museum
- Assets
- $2.1m
- Revenue
- $358.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Ardmore, OK
- Founding
- 08/1965
- Data as of
- 12/2023
- EIN
- 73-6107156
Organization Overview
Greater Southwest Historical Museum is located in Ardmore, OK. The organization was established in 1965. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Greater Southwest Historical Museum employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Southwest Historical Museum 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 12/2023, Greater Southwest Historical Museum generated $358.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $332.5k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT, PRESERVE, AND INTERPRET THE SOCIAL, CULTURAL AND ECONOMIC HISTORY OF SOUTH CENTRAL OKLAHOMA WITH SPECIAL EMPHASIS ON ARDMORE AND CARTER COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTED, PRESERVED, AND INTERPRETED THE SOCIAL AND ECONOMIC HISTORY OF SOUTH CENTRAL OKLAHOMA THROUGH DISPLAY AND REFERENCE MATERIALS FOR THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Bates Trustee | Trustee | $0 | |
Drew Butler Trustee | Trustee | $0 | |
Ryan Cantarella Trustee | Trustee | $0 | |
Myka Colbert Trustee | Trustee | $0 | |
Casey Draper Trustee | Trustee | $0 | |
Dixie Harper Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,779 |
| Fundraising events | $0 |
| Related organizations | $300,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $346,154 |
| Total Program Service Revenue | $0 |
| Investment income | $9,125 |
| 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 | $2,905 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,184 |
| 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. | $59,788 |
| Compensation of current officers, directors, key employees. | $29,894 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,750 |
| Payroll taxes | $12,437 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $905 |
| Advertising and promotion | $2,554 |
| Office expenses | $8,526 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,052 |
| 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 | $45,105 |
| Insurance | $24,926 |
| All other expenses | $251 |
| Total functional expenses | $332,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,885 |
| Savings and temporary cash investments | $303,205 |
| 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 | $18,330 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,262,357 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $286,068 |
| Total assets | $2,115,845 |
| Accounts payable and accrued expenses | $4,811 |
| 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 | $60,000 |
| Total liabilities | $64,811 |
| Net assets without donor restrictions | $2,050,834 |
| Net assets with donor restrictions | $200 |
| 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 | $2,115,845 |