Colonel Museum Inc

Organization Overview

Colonel Museum Inc is located in Galveston, TX. The organization was established in 1986. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Colonel Museum Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colonel Museum 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 09/2021, Colonel Museum Inc generated $688.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $715.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MUSEUM LOCATED ABOARD A PADDLEWHEEL BOAT WITH EXHIBITS DEPICTING THE HISTORY OF PADDLEWHEEL TRANSPORTATION IN TEXAS

Describe the Organization's Program Activity:

THE COLONEL MUSEUM, INC MANAGES AND OPERATES A MUSEUM LOCATED ABOARD A PADDLEWHEEL BOAT WITH EXHIBITS DEPICTING THE HISTORY OF PADDLEWHEEL TRANSPORTATION IN TEXAS.


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Board, Officers & Key Employees

Name (title)Compensation
E Douglas Mcleod
Vice-Pres
$350
Charles Milos
Sec/trea
$350
Joy Cowan
Vice-Pres
$350
E Vince Matihews III
Chairman/pres
$350
Gene Lucas
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$583,965
Investment income $274
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$21,363
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $124,387
Miscellaneous Revenue$0
Total Revenue $688,828

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