American Paint Horse Heritage Foundation Inc
- Assets
- $4.8m
- Revenue
- $596.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 75-2699500
Organization Overview
American Paint Horse Heritage Foundation Inc is located in Fort Worth, TX. The organization was established in 1998. 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. American Paint Horse Heritage Foundation 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, American Paint Horse Heritage Foundation Inc generated $596.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $251.8k during the year ending 12/2021. While expenses have increased by 8.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PERMANENTLY STORE AND RECORD INFORMATION AND ARTIFACTS OF THE AMERICAN PAINT HORSE AND THE PEOPLE THAT HAVE INFLUENCED THE BREED THROUGHOUT HISTORY AND TO EDUCATE PEOPLE IN THE WAYS THE HORSE HAS INFLUENCED SOCIETY THROUGHOUT HISTORY. IT WILL AWARD SCHOLARSHIPS TO YOUTH OR OTHER COLLEGE BOUND INDIVIDUALS WHO HAVE SHOWN AN INTEREST IN HORSEMANSHIP AND/OR HORSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HERITAGE FOUNDATION IS EXHIBITING VARIOUS WORKS OF ART DEPICTING THE AMERICAN PAINT HORSE AS WELL AS EDUCATIONAL ARTIFACTS RELATED TO THE HISTORY OF THE BREED AND THE PEOPLE ASSOCIATED WITH THEIR BREEDING, TRAINING, AND WORKING WITH THIS HORSE. ONE OF ITS EDCATIONAL PURPOSES IS TO SHOW HOW THE AMERICAN PAINT HORSE HAS BEEN USED IN OUR CULTURE THROUGH HISTORY. THIS INFORMATION IS ON PERMANENT AND ROTATING DISPLAY AT SPACE PROVIDED BY THE AMERICAN PAINT HORSE ASSOCIATION IN FORT WORTH, TEXAS.
SCHOLARSHIP PROGRAM-ASSISTING INDIVIDUALS WITH SECONDARY EDUCATION NEEDS THROUGH CASH SCHOLARSHIPS.
GRANTS AND AWARDS TO OTHER NON-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Roden President | OfficerTrustee | 4 | $0 |
Marylyn Caliendo Vice Preside | OfficerTrustee | 4 | $0 |
Jennifer Sheriff Director | Trustee | 4 | $0 |
Ann Jones Director | Trustee | 4 | $0 |
Kelly Boles Chapman Director | Trustee | 4 | $0 |
Mike Holloway Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,610 |
| Total Program Service Revenue | $0 |
| Investment income | $306,597 |
| 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 | $596,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $86,327 |
| 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 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 | $22,721 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $697 |
| Office expenses | $117 |
| Information technology | $314 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $131,028 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $251,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,044 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,550 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,054,366 |
| Investments—publicly traded securities | $2,655,986 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $366,950 |
| Total assets | $4,787,185 |
| Accounts payable and accrued expenses | $823,792 |
| 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 | $823,792 |
| Net assets without donor restrictions | $81,735 |
| Net assets with donor restrictions | $3,881,658 |
| 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 | $4,787,185 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that American Paint Horse Heritage Foundation Inc has recieved totaling $45,441.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: SCHOLARSHIP FUND | | $41,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $441 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National World War Ii Museum Inc New Orleans, LA | $356,423,154 | $49,812,071 |
Dallas Holocaust Museum Dallas, TX | $66,648,208 | $7,378,894 |
Alamo Trust Inc San Antonio, TX | $7,473,583 | $9,052,846 |
Lone Star Flight Museum Houston, TX | $40,810,370 | $4,057,590 |
Dallas County Historical Foundation Dallas, TX | $11,613,862 | $4,636,701 |
Bryan Texana Foundation Houston, TX | $8,461,183 | $2,408,537 |
Port Terminal Railroad Association Employee Benefit Plan Houston, TX | $666,713 | $3,214,049 |
Museum Of South Texas History Edinburg, TX | $13,050,416 | $3,078,245 |
National Atomic Museum Foundation Albuquerque, NM | $7,001,482 | $2,166,618 |
National Wasp Wwii Museum Inc Sweetwater, TX | $6,526,024 | $2,354,607 |
Fort Bend History Association Richmond, TX | $2,253,912 | $1,581,354 |
Panhandle-Plains Historical Society Canyon, TX | $16,000,249 | $2,121,798 |