The Texas Military Forces Historical Foundation
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Austin, TX
- Founding
- 10/1992
- Data as of
- 08/2023
- EIN
- 74-2641876
Organization Overview
The Texas Military Forces Historical Foundation is located in Austin, TX. The organization was established in 1992. As of 08/2023, Texas Military Forces Historical Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Military Forces Historical Foundation 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 08/2023, Texas Military Forces Historical Foundation generated $59.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $93.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION SUPPORTS THE TEXAS MILITARY FORCES MUSEUM. THE FOUNDATION'S ACTIVITIES INVOLVE FUNDRAISING EVENTS, EDUCATIONAL PROGRAMS, GALLERY AND EXHIBITION RENOVATIONS, AND OPERATING THE MUSEUM GIFT SHOP WITH VOLUNTEER WORKERS. THE FOUNDATION CONSIDERS THE MAJORITY OF THEIR EXPENDITURES TO BE PROGRAM RELATED IN SUPPORTING THE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Gruetzner President | 1 | $0 | |
Maj Gen Ret Ken Wisian Vice President | 1 | $0 | |
Brian Roeder Secretary | 1 | $0 | |
Marcus Hobbs Treasurer | 1 | $0 | |
Susan Hall Director | 1 | $0 | |
Bill Harris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,980 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,687 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$781 |
| Other Revenue | $0 |
| Total Revenue | $59,091 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,704 |
| Professional fees and other payments to independent contractors | $9,591 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $597 |
| Other expenses | $42,013 |
| Total expenses | $93,905 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,103 |
| Other assets | $0 |
| Total assets | $11,454 |
| Total liabilities | $3,243 |
| Net assets or fund balances | $8,211 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Masonic Temple Library & Museum Of Fort Worth Inc Fort Worth, TX | $4,340,097 | $459,016 |
New Orleans Pharmacy Museum Ltd New Orleans, LA | $388,776 | $462,079 |
The Texas Military Forces Historical Foundation Austin, TX | $11,454 | $0 |
Red River Railroad Museum Denison, TX | $61,913 | $91,212 |
Brownsville Barnstormers Flying Museum Inc Brownsville, TX | $6,622 | $0 |
Historical Museum Of Barbed Wire & Fencing Tools Mclean, TX | $27,614 | $0 |