Southwest Dairy Museum Inc
- Assets
- $6.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 26
- Location
- Sulphur Springs, TX
- Founding
- 11/1983
- Data as of
- 12/2021
- EIN
- 75-1899434
Organization Overview
Southwest Dairy Museum Inc is located in Sulphur Springs, TX. The organization was established in 1983. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Southwest Dairy Museum Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Dairy Museum 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 12/2021, Southwest Dairy Museum Inc generated $3.6m 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 (4.2%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. 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
TO DEVELOP AND DIRECT EFFECTIVE PROMOTION AND RESEARCH PROGRAMS IN ORDER TO INCREASE SALES OF AND DEMAND FOR ALL DAIRY PRODUCTS AND ADVANCE THE IMAGE OF DAIRY PRODUCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILE DAIRY CLASSROOMS VISITED SCHOOLS AND DAY CARE CENTERS THROUGHOUT THE UNITED STATES WITH AN INSTRUCTIONAL DAIRY MESSAGE INCLUDING THE INFORMATION REGARDING DAIRY PRODUCTIONS AND PRODUCTS AND THE NUTRITIONAL NEED FOR DAIRY PRODUCTS IN A DIET FOR GOOD HEALTH. PARTICIPATED IN, SPONSORED OR CREATED, ORGANIZED, AND CONDUCTED AG FAIRS, DAIRY DAYS, PIZZA FARMS, AS WELL AS SCHEDULED VISITS TO CAMPS AND SUMMER EVENTS. REACHED OVER 800,000 CHILDREN AND ADULTS IN THE UNITED STATES IN THAT FORMAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James C Hill CEO | 40 | $162,895 | |
Ted Boersma President | OfficerTrustee | 1 | $0 |
Mike Schouten Vice President | OfficerTrustee | 1 | $0 |
Lee Robey Secretary | OfficerTrustee | 1 | $0 |
Andy Schaap Treasurer | OfficerTrustee | 1 | $0 |
Patrick Byrne Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,513,945 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,513,945 |
| Total Program Service Revenue | $0 |
| Investment income | $29,033 |
| 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 | $2,170 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,600,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $162,895 |
| Compensation of current officers, directors, key employees. | $89,592 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,214,257 |
| Pension plan accruals and contributions | $54,184 |
| Other employee benefits | $196,222 |
| Payroll taxes | $101,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,545 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $153,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,825 |
| Insurance | $118,183 |
| All other expenses | $542,763 |
| Total functional expenses | $3,614,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,022,409 |
| 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 | $1,793,660 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,816,069 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,816,069 |
| 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 | $6,816,069 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southwest Dairy Museum Inc has recieved totaling $80,749.
| Awarding Organization | Amount |
|---|---|
Dairy Promotion Inc Kansas City, KS PURPOSE: ADVERTISING PROGRAM | $80,749 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Witte Museum San Antonio, TX | $80,577,156 | $11,273,075 |
American Airpower Heritage Museum Inc Dallas, TX | $14,350,324 | $12,462,262 |
National Cowboy And Western Heritage Museum Inc Oklahoma City, OK | $111,505,092 | $15,269,819 |
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 |