Granbury Square Merchants
- Assets
- $30.8k
- Revenue
- $209.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Granbury, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4530056
Organization Overview
Granbury Square Merchants is located in Granbury, TX. The organization was established in 2017. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Granbury Square Merchants employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granbury Square Merchants 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, Granbury Square Merchants generated $209.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $186.7k during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 4 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 PROMOTE THE HISTORIC DISTRICT OF GRANBURY TOWN SQUARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CELEBRATION ON THE HISTORIC GRANBURY SQUARE IN HONOR OF GENERAL GRANBURY'S BIRTHDAY. IN ADDITION TO THE ARTS AND CRAFTS OF THIS POPULAR EVEN, OUTDOOR ENTERTAINMENT AND A COOK-OFF FOR THE BEST BBQ MAKE IT UNIQUE AND FUN.
SURROUNDING THE BEAUTIFUL AND HISTORIC TOWN SQUARE, HARVEST MOON FESTIVAL OF THE ARTS CELEBRATES THE BEST OF FINE ARTS AND FINE CRAFT FROM ARTISTS ALL OVER THE COUNTRY. EVENT FEATURES OVER 100 ARTISTS AND CHILDRENS EVENTS.
SINCE 1983 THE CANDLELIGHT TOUR OF HOMES HAS WELCOMED VISITORS TO HISTORIC RESIDENCES AND SITES DURING THIS SEASONAL EVENT. THE COMMUNITY FILLS THE SQUARE WITH LIVING CHRISTMAS CARDS, CAROLERS & OTHER WINTER ACTIVITIES.
THE MEMORIAL DAY FESTIVITIES OPENED WITH "THE SPLASH INTO SUMMER PATRIOTIC BABY" CONTEST. VINTAGE MILITARY VEHICLES WERE DISPLAYED. ARTS AND CRAFTS, FOOD AND FUN WERE A PART OF THE SUMMER-IS-HERE EVENT. OTHER ACTIVITIES INCLUDED MUSIC, DANCING AND COMPETITIVE FOOD EVENTS. THE SLATE OF FESTIVITIES PLANNED BY THE GRANBURY SQUARE MERCHANTS ON AN ANNUAL BASIS TO PROMOTE THE HISTORIC DISTRICT ARE VERY WELL ATTENDED BY THOUSANDS OF PEOPLE EACH EVENT. THESE PROGRAMS, IN ADDITION TO THE SMALLER FESTIVITIES NOT MENTIONED, NOT ONLY PROMOTE THE MISSION OF THE GRANBURY SQUARE MERCHANTS, BUT PROMOTE THE HOTEL, BED AND BREAKFAST, AND RESTAURANT ESTABLISHMENTS AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Courville Vice Preside | Officer | $0 | |
Ken Hackett President | Officer | $0 | |
Sylvia Hickey Secretary | Officer | $0 | |
Nathan Wright Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,675 |
| Total Program Service Revenue | $196,808 |
| Investment income | $0 |
| 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 | $209,483 |
| 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 | $0 |
| Other salaries and wages | $16,870 |
| 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 | $5,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,148 |
| Advertising and promotion | $29,732 |
| Office expenses | $5,094 |
| Information technology | $1,074 |
| Royalties | $0 |
| Occupancy | $12,668 |
| Travel | $50 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $111 |
| Conferences, conventions, and meetings | $3,548 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,793 |
| All other expenses | $6,916 |
| Total functional expenses | $186,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,165 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $650 |
| Total assets | $30,815 |
| Accounts payable and accrued expenses | $0 |
| 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 | $740 |
| Total liabilities | $740 |
| Net assets without donor restrictions | $30,075 |
| Net assets with donor restrictions | $0 |
| 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 | $30,815 |
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