Weslaco Museum Of Local History And Cultural Art
- Assets
- $720.4k
- Revenue
- $111.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Weslaco, TX
- Founding
- 08/1971
- Data as of
- 06/2023
- EIN
- 74-1683211
Organization Overview
Weslaco Museum Of Local History And Cultural Art is located in Weslaco, TX. The organization was established in 1971. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Weslaco Museum Of Local History And Cultural Art employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weslaco Museum Of Local History And Cultural Art 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 06/2023, Weslaco Museum Of Local History And Cultural Art generated $111.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $137.0k during the year ending 06/2023. While expenses have increased by 8.0% per year over the past 6 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
THE ORGANIZATION'S MISSION IS TO COLLECT, PRESERVE, EXHIBIT AND PROMOTE THE HISTORY, CULTURAL ARTS, AND PAST TRADITIONS OF WESLACO, TEXAS, AND ITS SURROUNDING REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL EVENTS AND COMMUNITY OUTREACH - INCLUDING ART EXHIBITS, MUSIC PROGRAMS, CRAFT DEMONSTRATIONS AND WORKSHOPS, BOOK SIGNINGS, AND BOOK REVIEWS. FESTIVALS - INCLUDING OBSERVANCE/CELEBRATIONS OF IMPORTANT U.S. AND MEXICAN HOLIDAYS SUCH AS INDEPENDENCE DAY (U.S. AND MEXICO), VETERAN'S DAY, DAY OF THE DEAD, THANKSGIVING, AND LOCAL EVENTS SUCH AS THE CITY OF WESLACO'S BIRTHDAY. EDUCATIONAL PROGRAMS - INCLUDING LECTURES BY AUTHORS OF BOOKS ABOUT LOCAL HISTORY, EVENTS, AND INSTITUTIONS, FOR EXAMPLE: FORT BROWN IN BROWNSVILLE, AN IMPORTANT CAVALRY TRAINING SCHOOL UNTIL JEEPS AND HELICOPTERS MADE THEM OBSOLETE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Gutierrez Vice-Preside | OfficerTrustee | 2 | $0 |
Laura Lopez Treasurer | OfficerTrustee | 2 | $0 |
Daniel Montez President | OfficerTrustee | 2 | $0 |
Gina Silva Secretary | OfficerTrustee | 2 | $0 |
Sandi Sparrow Member | Trustee | 1 | $0 |
Melanie Stowe Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,253 |
| Fundraising events | $15,595 |
| Related organizations | $0 |
| Government grants | $69,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,871 |
| Total Program Service Revenue | $6,009 |
| Investment income | $1,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$288 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,913 |
| 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 | $68,239 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,191 |
| Payroll taxes | $7,464 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,778 |
| Advertising and promotion | $2,059 |
| Office expenses | $3,094 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,187 |
| Travel | $480 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,013 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,077 |
| Insurance | $1,074 |
| All other expenses | $894 |
| Total functional expenses | $136,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,137 |
| 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 | $1,945 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $359,328 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250,000 |
| Total assets | $720,410 |
| Accounts payable and accrued expenses | $608 |
| 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 | $608 |
| Net assets without donor restrictions | $719,802 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $720,410 |