Bell County Museum Association Inc is located in Belton, TX. The organization was established in 2000. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Bell County Museum Association 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 09/2021, Bell County Museum Association Inc generated $145.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $85.3k during the year ending 09/2021. While expenses have increased by 12.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION
Describe the Organization's Program Activity:
PRESERVE, EDUCATE AND DISPLAY THE BELL COUNTY HISTORICAL EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Turk Chairman | OfficerTrustee | 5 | $0 |
Alton Thiele Tres | OfficerTrustee | 5 | $0 |
Mark Mayfield Sec | OfficerTrustee | 1 | $0 |
Amy Thomas Vic Chair | OfficerTrustee | 1 | $0 |
Ed Franklin Dir | Trustee | 1 | $0 |
John Cunningham Dir | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $18,185 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $27,859 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $46,044 |
Total Program Service Revenue | $0 |
Investment income | $28,051 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $29,980 |
Net Income from Gaming Activities | $24,029 |
Net Income from Sales of Inventory | $5,949 |
Miscellaneous Revenue | $0 |
Total Revenue | $145,252 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,260 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $9,425 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $14,617 |
Fees for services: Other | $0 |
Advertising and promotion | $7,935 |
Office expenses | $12,587 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $90 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,475 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $798 |
All other expenses | $36,427 |
Total functional expenses | $85,301 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,887 |
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 | $1,570,445 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,643,332 |
Accounts payable and accrued expenses | -$295 |
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 | -$295 |
Net assets without donor restrictions | $1,643,627 |
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 | $1,643,332 |
Over the last fiscal year, we have identified 1 grants that Bell County Museum Association Inc has recieved totaling $3,500.
Awarding Organization | Amount |
---|---|
Summerlee Foundation Dallas, TX PURPOSE: GENERAL SUPPORT | $3,500 |
Organization Name | Assets | Revenue |
---|---|---|
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Glass-Glen Burnie Foundation San Antonio, TX | $57,955,575 | $7,795,930 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Glenwood Cemetery Historic Preservation Foundation Houston, TX | $14,327,561 | $1,485,128 |
Restland Memorial Park Assn Houston, TX | $24,470,404 | $2,045,999 |
Fort Worth South Inc Fort Worth, TX | $860,900 | $1,913,143 |
Air Legends Foundation San Antonio, TX | $20,115,931 | $3,195,000 |
Deep Ellum Foundation Dallas, TX | $1,616,864 | $1,817,112 |
Amistad Research Center New Orleans, LA | $6,399,873 | $1,567,988 |
Society Of Martha Washington Laredo, TX | $723,643 | $1,002,745 |
Cornerstones Community Partnerships Santa Fe, NM | $842,708 | $898,386 |
Louisiana Naval War Memorial Commission Baton Rouge, LA | $2,059,836 | $846,137 |