Panhandle-Plains Historical Society
- Assets
- $16.0m
- Revenue
- $2.1m
- Investments
- $13.7m
- Employees
- 0
- Location
- Canyon, TX
- Founding
- 04/1951
- Data as of
- 08/2021
- EIN
- 75-6019872
Organization Overview
Panhandle-Plains Historical Society is located in Canyon, TX. The organization was established in 1951. 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. Panhandle-Plains Historical Society 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 08/2021, Panhandle-Plains Historical Society generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.6m during the year ending 08/2021. 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
EDUCATION THROUGH COLLECTION AND PRESERVATION OF HISTORICAL MATERIALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - COLLECTING, PRESERVING AND EXHIBITING HISTORICAL MATERIALS. WTAMU DONATED IN-KIND SERVICES OF $656,173 AND OTHER SERVICES OF $17,498 WERE DONATED. THESE SERVICES ARE REPORTED AS IN-KIND REVENUES AND IN-KIND EXPENSES ON THE AUDITED FINANCIAL STATEMENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Paul Matney President-Elect | Officer | 0 | $0 |
Ellen Jones Treasurer | Officer | 0 | $0 |
Will Miller Past President | Officer | 0 | $0 |
Joel Hogue President | Officer | 0 | $0 |
Gayle Callahan Director | Trustee | 0 | $0 |
Mike Collins Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99,165 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $173,961 |
| All other contributions, gifts, grants, and similar amounts not included above | $567,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $840,732 |
| Total Program Service Revenue | $226,653 |
| Investment income | $499,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $386,512 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,453 |
| Net Income from Fundraising Events | $95,254 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $38,550 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,121,798 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,043,565 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $32,917 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,739 |
| 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 | $16,236 |
| Insurance | $11,668 |
| All other expenses | $109,206 |
| Total functional expenses | $1,577,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,688,670 |
| 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 | $33,447 |
| Prepaid expenses and deferred charges | $14,618 |
| Net Land, buildings, and equipment | $472,444 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,673,929 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,141 |
| Total assets | $16,000,249 |
| Accounts payable and accrued expenses | $13,294 |
| Grants payable | $0 |
| Deferred revenue | $41,860 |
| 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 | $55,154 |
| Net assets without donor restrictions | $7,777,934 |
| Net assets with donor restrictions | $8,167,161 |
| 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 | $16,000,249 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Panhandle-Plains Historical Society has recieved totaling $280,071.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $150,000 |
C J And Syble Fowlston Charitable Trust Amarillo, TX PURPOSE: OPERATIONS | $65,000 |
Amarillo Area Foundation Inc Amarillo, TX PURPOSE: GENERAL SUPPORT | $64,929 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Endowment Analysis
| Beg. Balance | $10,946,160 |
| Earnings | $2,049,380 |
| Admin Expense | $6,834 |
| Net Contributions | $33,232 |
| Other Expense | $402,362 |
| Ending Balance | $12,619,576 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
International Longshoremens Association Houston, TX | $2,403,421 | $2,322,515 |