Regional Military Museum Foundation Inc
- Assets
- $503.2k
- Revenue
- $225.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Houma, LA
- Founding
- 12/2005
- Data as of
- 12/2022
- 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 12/2022, Regional Military Museum Foundation Inc generated $225.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $266.2k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE FOUNDATION IS TO DEVELOP A REGIONAL MILITARY MUSEUM. ALL EXPENDITURES ARE ATTRIBUTED TO PRESERVING AND EXHIBITING EQUIPMENT, UNIFORMS, WEAPONARY AND ARTIFACTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dexter Babin II Executive Assistant | 40 | $55,536 | |
Will Theriot President | 5 | $0 | |
Linda Theriot Secretary | 5 | $0 | |
Ronald Lambert Treasurer | 5 | $0 | |
Riley Gros Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $225,887 |
| Interest on Savings | $57 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $225,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $111,588 |
| Pension plans, employee benefits | $0 |
| Interest | $43 |
| Taxes | $8,869 |
| Depreciation | $45,633 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $89,998 |
| Total operating and administrative expenses | $258,031 |
| Contributions, gifts, grants paid | $8,150 |
| Total expenses and disbursements | $266,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,659 |
| Savings and temporary cash investments | $38,383 |
| 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 | $422,478 |
| Other assets | $690 |
| Total assets | $503,210 |
| 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 | $4,017 |
| Total liabilities | $4,017 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Regional Military Museum Foundation Inc has recieved totaling $6,931.
| Awarding Organization | Amount |
|---|---|
Louisiana Endowment For The Humanities New Orleans, LA PURPOSE: PROGRAM SERVICE | $6,931 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holy Land Experience Ministries Inc Fort Worth, TX | $0 | $1,182,196 |
Commemorative Air Force Dallas, TX | $31,700,187 | $23,919,156 |
Witte Museum San Antonio, TX | $80,577,156 | $11,273,075 |
American Airpower Heritage Museum Inc Dallas, TX | $14,350,324 | $12,462,262 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
Lady Lex Museum On The Bay Association Corpus Christi, TX | $13,577,755 | $8,975,317 |
Medal Of Honor Museum Foundation Arlington, TX | $99,959,490 | $88,628,383 |
Battleship Texas Foundation Inc Houston, TX | $9,923,977 | $4,711,164 |
Childrens Museum Of Northwestarkansas Bentonville, AR | $23,218,828 | $2,416,188 |
Southwest Dairy Museum Inc Sulphur Springs, TX | $6,816,069 | $3,600,738 |
The National Cowgirl Museum And Hall Of Fame Inc Fort Worth, TX | $20,935,740 | $2,359,164 |