Museum For East Texas Culture
- Assets
- $135.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palestine, TX
- Founding
- 12/1982
- Data as of
- 12/2020
- EIN
- 75-1823847
Organization Overview
Museum For East Texas Culture is located in Palestine, TX. The organization was established in 1982. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Museum For East Texas Culture 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 12/2020, Museum For East Texas Culture generated $21.8k 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 (5.3%) each year. All expenses for the organization totaled $17.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (11.6%) 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE EXHIBITS FOR HISTORICAL AND CULTURAL ARTIFACTS OF EAST TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Woolverton President | 5 | $0 | |
Garland Cotton Vice Pres./treas. | 5 | $0 | |
Bela Hafner Secretary | 5 | $0 | |
Gary Williams Director | 1 | $0 | |
Ben Campbell Director | 1 | $0 | |
Martin Lawrence Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,439 |
| Total Program Service Revenue | $755 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,652 |
| Total Revenue | $21,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,043 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,041 |
| Total expenses | $17,084 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,162 |
| Other assets | $0 |
| Total assets | $135,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Museum For East Texas Culture has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
The Gragg Foundation Palestine, TX PURPOSE: SCHOLARSHIPS | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Lady Lex Museum On The Bay Association Corpus Christi, TX | $13,577,755 | $8,975,317 |
Medal Of Honor Museum Foundation Arlington, TX | $99,959,490 | $88,628,383 |
Indian Pueblo Cultural Center Inc Albuquerque, NM | $8,961,229 | $4,518,580 |
Battleship Texas Foundation Inc Houston, TX | $9,923,977 | $4,711,164 |
Childrens Museum Of Northwestarkansas Bentonville, AR | $23,218,828 | $2,416,188 |
Southwest Dairy Museum Inc Sulphur Springs, TX | $6,816,069 | $3,600,738 |
The National Cowgirl Museum And Hall Of Fame Inc Fort Worth, TX | $20,935,740 | $2,359,164 |
The Ogden Museum Of Southern Art Inc New Orleans, LA | $9,894,768 | $3,382,497 |