Karnes County Historical Society
- Assets
- $661.3k
- Revenue
- $127.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Karnes City, TX
- Founding
- 10/1981
- Data as of
- 12/2021
- EIN
- 74-2189232
Organization Overview
Karnes County Historical Society is located in Karnes City, TX. The organization was established in 1981. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karnes County Historical Society 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, Karnes County Historical Society generated $127.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $280.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Sue Carter President | 0 | $0 | |
Hugh B Ruckman III Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,889 |
| Interest on Savings | $1,170 |
| Dividends & Interest | $4,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,689 |
| Capital Gain Net Income | $14,689 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $72,525 |
| Total Revenue | $127,356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $21,665 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,756 |
| Depreciation | $3,759 |
| Occupancy | $4,649 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,746 |
| Total operating and administrative expenses | $54,191 |
| Contributions, gifts, grants paid | $226,393 |
| Total expenses and disbursements | $280,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $922 |
| Savings and temporary cash investments | $634,123 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,778 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $12,523 |
| Other assets | $0 |
| Total assets | $661,346 |
| Accounts payable and accrued expenses | $871 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $871 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Karnes County Historical Society has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: To support the restoration of the historical John Ruckman house | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Galveston Historical Foundation Inc Galveston, TX | $33,194,723 | $16,815,449 |
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 |
Friends Of The Texas Historical Commission Inc Austin, TX | $2,566,548 | $1,192,867 |
Texas Panhandle Heritage Foundation Inc Canyon, TX | $2,876,376 | $2,832,442 |
Corpus Christi Area Heritage Society Corpus Christi, TX | $1 | $1,500 |
Dallas Historical Society Hall Of State Fair Park Dallas, TX | $2,271,425 | $1,532,505 |
Cherokee National Historical Society Inc Tahlequah, OK | $2,426,107 | $954,302 |
River Road Historical Society Destrehan, LA | $8,368,126 | $1,410,629 |
Tulsa Historical Society Tulsa, OK | $8,618,832 | $802,922 |