Texas Historical Foundation
- Assets
- $3.5m
- Revenue
- $128.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- 03/1954
- Data as of
- 06/2022
- EIN
- 74-6013014
Organization Overview
Texas Historical Foundation is located in Austin, TX. The organization was established in 1954. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Texas Historical Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas 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 06/2022, Texas Historical Foundation generated $128.7k 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 (14.6%) each year. All expenses for the organization totaled $439.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Texas Historical Foundation has awarded 78 individual grants totaling $731,896. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION OF TEXAS HISTORY AND ARTIFACTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JACK R. WAHLQUIST DIRECTORS'ENDOWMENT FUNDS FOR SPECIAL PROJECTS IN PRESERVATION AND PROMOTION OF TEXAS HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Krane Executive Director | Officer | 40 | $98,794 |
See Attached Detail Board Of Directors | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $147,074 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,461 |
| Total Program Service Revenue | $2,255 |
| Investment income | $132,431 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $128,676 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $121,415 |
| 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. | $98,794 |
| Compensation of current officers, directors, key employees. | $49,397 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,901 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,683 |
| Payroll taxes | $10,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,142 |
| Advertising and promotion | $0 |
| Office expenses | $1,337 |
| Information technology | $4,472 |
| Royalties | $0 |
| Occupancy | $938 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,514 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,366 |
| All other expenses | $930 |
| Total functional expenses | $439,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,010 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,300 |
| 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 | $2,799 |
| Net Land, buildings, and equipment | $750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,116,400 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,476,259 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $32,025 |
| 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 | $32,025 |
| Net assets without donor restrictions | $1,357,485 |
| Net assets with donor restrictions | $2,086,749 |
| 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 | $3,476,259 |
Grants Awarded
Over the last fiscal year, Texas Historical Foundation has awarded $80,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: FOR PROJECT FOR A BIOGRAPHY OF PAUL BAKER, A MAJOR PLAYER IN THE DEVELOPMENT OF THE AMERICAN THEATER AND IN PERFORMING AND VISUAL ARTS EDUCATION. | $5,000 |
Taylor, TX PURPOSE: TO RESTORE/RECONSTRUCT EXTERIOR WINDOWS AND DOORS. | $5,000 |
Brenham, TX PURPOSE: FOR PROJECT TOWARD COSTS OF DIGITAL COMPONENTS USED IN FABRICATION OF THE EXHIBIT AND RELATED EXPENSES. | $5,000 |
Houston, TX PURPOSE: FOR PROJECT TO DEVELOP A SERIES OF FOUR 20-MINUTE STUDENT VIDEOS AND ONE 45-MINUTE EDUCATOR VIDEO FOCUSING ON A SPECIFIC PERIOD IN TEXAS HISTORY. | $5,000 |
Nacogdoches, TX PURPOSE: FOR THE PROJECT TO INSTALL 14 WINDOWS IN THE 1900 CLAY HOUSE. | $5,000 |
Austin, TX PURPOSE: PROJECT TO PUBLISH BEASLEY'S VAQUEROS. | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Texas Historical Foundation has recieved totaling $17,952.
| Awarding Organization | Amount |
|---|---|
The Fritz And Mary Lee Duda Family Foundation Dallas, TX PURPOSE: GENERAL SUPPORT | $13,200 |
Aughinbaugh Family Charitable Foundation Fort Worth, TX PURPOSE: EDUCATION | $2,600 |
Robert A & Kathey K Anderson Foundation San Antonio, TX PURPOSE: CHARITABLE/EDUCATIONAL | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $75 |
Endowment Analysis
| Beg. Balance | $1,982,799 |
| Ending Balance | $1,982,799 |
Peer Organizations
| 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 |