Regional Military Museum Foundation Inc
- Assets
- $455.2k
- Revenue
- $278.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Houma, LA
- Founding
- 12/2005
- Data as of
- 12/2023
- EIN
- 84-1675571
Organization Overview
Regional Military Museum Foundation Inc is located in Houma, LA. The organization was established in 2005. According to its NTEE Classification (A50) the organization is classified as: 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. Regional Military Museum Foundation 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 12/2023, Regional Military Museum Foundation Inc generated $278.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $226.1k 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
MAINTAIN MUSEUM THAT EXHIBITS MILITARY EQUIPMENT UNIFORMS AND ARTIFACTS RELATED TO THE UNITED STATES INVOLVEMENT IN WARS FROM THE CIVIL WAR TO PRESENT
CONTINUE LINE 1 VOLUNTEER HOURS TOTALED AROUND 3500 IN 2023 AND WE WELCOMED OVER 4000 VISITORS FROM ALL OVER THE WORLD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonita L Dupre Treasurer | 10 | $0 | |
Wildrow Theriot President | 25 | $0 | |
Linda Theriot Secretary | 40 | $0 | |
Riley Gros Vice President | 2 | $0 | |
Dwayne Adams Director | 1 | $0 | |
Kim Bernard-Suggs Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,223 |
| Interest on Savings | $299 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,165 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,941 |
| Other Income | $182,826 |
| Total Revenue | $278,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $86,095 |
| Pension plans, employee benefits | $12,129 |
| Interest | $16 |
| Taxes | $5,359 |
| Depreciation | $44,079 |
| Occupancy | $2,726 |
| Travel, conferences, and meetings | $1,144 |
| Printing and publications | $301 |
| Other expenses | $72,328 |
| Total operating and administrative expenses | $226,142 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $226,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,198 |
| Savings and temporary cash investments | $59,049 |
| Net Accounts receivable | $1,021 |
| 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 | $340,378 |
| Other assets | $6,542 |
| Total assets | $455,188 |
| 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 | $2,501 |
| Total liabilities | $2,501 |