London Museum
- Assets
- $211.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, TX
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 75-2467715
Organization Overview
London Museum is located in New London, TX. The organization was established in 1993. According to its NTEE Classification (A54) the organization is classified as: History 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. London Museum 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 12/2022, London Museum generated $82.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $56.6k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF RESEARCH ROOM, EXHIBIT SPACE & VIDEO ROOM AND DISPLAY OF ARTICLES FROM BEFORE & AFTER THE NEW LONDON SCHOOL EXPLOSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmie Piercy Board Member | 1 | $0 | |
Patsy Williams Secretary | 1 | $0 | |
Fred Parsons Treasurer | 1 | $0 | |
Bess Arnold Board Member | 1 | $0 | |
Joann Clinkscales Board Member | 1 | $0 | |
Lawrence Coleman Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,890 |
| Total Program Service Revenue | $7,933 |
| Membership dues | $100 |
| Investment income | $8,735 |
| Gain or Loss | $3,648 |
| Net Income from Gaming & Fundraising | $282 |
| Other Revenue | $0 |
| Total Revenue | $81,979 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,774 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $13,996 |
| Printing, publications, postage, and shipping | $488 |
| Other expenses | $6,812 |
| Total expenses | $56,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,181 |
| Other assets | $0 |
| Total assets | $211,295 |
| Total liabilities | $527 |
| Net assets or fund balances | $210,768 |