Goldie Lee Burns Museum Trust
- Assets
- $447.6k
- Revenue
- $10.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 75-6439535
Organization Overview
Goldie Lee Burns Museum Trust 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 12/2023, Goldie Lee Burns Museum Trust generated $10.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $23.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFER FUNDS TO SUPPORT THE ACTIVITIES OF THE FLOYD COUNTY HISTORICAL MUSEUM.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,888 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,369 |
| Capital Gain Net Income | $1,369 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,257 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,767 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $139 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6 |
| Total operating and administrative expenses | $3,803 |
| Contributions, gifts, grants paid | $19,993 |
| Total expenses and disbursements | $23,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $447,575 |
| 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 | $447,575 |
| 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 |