Floyd County Historical Museum Tr
- Assets
- $0.0
- Revenue
- $1.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 75-6384356
Organization Overview
Floyd County Historical Museum Tr is located in Lubbock, TX. The organization was established in 0000. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 12/2021, Floyd County Historical Museum Tr generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.3%) each year. All expenses for the organization totaled $55.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFER FUNDS TO SUPPORT THE ACTIVITIES OF THE FLOYD COUNTY HISTORICAL MUSEUM.
TRANSFER OF ASSETS TO GOLDIE AND ALICE BURNS MUSEUM TRUST DUE TO DISSOLUTION.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $752 |
| Capital Gain Net Income | $752 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $226 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,876 |
| Contributions, gifts, grants paid | $52,087 |
| Total expenses and disbursements | $54,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Floyd County Historical Museum Tr has awarded $52,087 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FLOYD COUNTY HISTORICAL MUSEUM PURPOSE: TO ASSIST WITH THE GENERAL OPERATING EXPENSES OF THE MUSEUM | $1,821 |
GOLDIE AND ALICE BURNS MUSEUM TRUST PURPOSE: ASSETS TRANSFERRED TO GOLDIE AND ALICE BURNS MUSEUM TRUST. TRUSTEE DETERMINED THAT COMBINING THE TWO TRUSTS INTO A SINGLE TRUST IS APPROPRIATE IN THAT IT WILL REDUCE EXPENSE AND PREVENT WASTE OF THE TRUSTS' ASSETS. TRUSTEE HAS FURTHER DETERMINED THAT SUCH COMBINATION IS PERMITTED BY THE TERMS OF THE TRUST INSTRUMENTS ESTABLISHING THE TRUSTS, AND THAT COMBINING THE TRUSTS WILL NOT IMPAIR THE RIGHTS OF ANY BENEFICIARY OR ADVERSELY AFFECT ACHIEVEMENT OF THE PURPOSES OF ANY OF THE SEPARATE TRUSTS. | $50,266 |