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 3 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $85.3k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVE, EDUCATE AND DISPLAY THE BELL COUNTY HISTORICAL EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Tufk President | OfficerTrustee | 5 | $0 |
Amy Thomas Vice President | OfficerTrustee | 1 | $0 |
Mark Mayfield Secretary | OfficerTrustee | 1 | $0 |
Alton Thiele Tres | OfficerTrustee | 5 | $0 |
Ronald Gates Sr Director | Trustee | 1 | $0 |
Jacueline Mills Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $46,044 |
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 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 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 | $0 |
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 |
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 |
Total liabilities and net assets/fund balances | $1,643,627 |