Video Game History Museum Inc
- Assets
- $693.9k
- Revenue
- $14.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 27-1175243
Organization Overview
Video Game History Museum Inc is located in Frisco, TX. The organization was established in 2010. 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. Video Game History 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 12/2021, Video Game History Museum Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.7%) each year. All expenses for the organization totaled $8.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (43.0%) per year over the past 7 years. 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 EDUCATE AND PROVIDE OPPORTUNITES FOR PERSONS OF ALL AGES TO INCREASE THEIR UNDERSTANDING AND APPRECIATION OF THE SCIENCE, TECHNOLOGY, HISTORY AND DEVELOPMENT OF VIDEO GAMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE FUNDS FOR THE PURPOSE OF ACQUIRING AND MAINTAINING A MUSEUM FACILITY AND A COLLECTION OF VIDEO GAME COMPONENTS AND RELATED MATERIALS DOCUMENTING THE SCIENCE, TECHNOLOGY, HISTORY DEVELOPMENT OF VIDEO GAMES WORLDWIDE AND TO DISPLAY THE COLLECTION TO THE PUBLIC FOR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hardie Director | Trustee | 0 | $0 |
Sean Kelly Director | Trustee | 0 | $0 |
Joseph Santulli Director | Trustee | 0 | $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 | $7,294 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,294 |
| Total Program Service Revenue | $0 |
| Investment income | $7,184 |
| 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 | $14,478 |
| 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 | $0 |
| 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 | $1,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,709 |
| Insurance | $0 |
| All other expenses | $2,000 |
| Total functional expenses | $8,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,104 |
| 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 | $2,008 |
| Investments—publicly traded securities | $521,042 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,768 |
| Total assets | $693,922 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $693,922 |
| 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 | $693,922 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Video Game History Museum Inc has recieved totaling $11,318.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
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 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
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 |
Indian Pueblo Cultural Center Inc Albuquerque, NM | $8,961,229 | $4,518,580 |
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 |
The Ogden Museum Of Southern Art Inc New Orleans, LA | $9,894,768 | $3,382,497 |