Edison Plaza Museum is located in Beaumont, TX. The organization was established in 1981. 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. Edison Plaza Museum 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 06/2023, Edison Plaza Museum generated $51.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $49.2k during the year ending 06/2023. While expenses have increased by 10.5% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EXPENSES FOR THE TAXABLE YEAR WERE TO ACQUIRE AND MAINTAIN THE OPERATING ASSETS OF THE MUSEUM NUMBER OF MUSEUM VISITORS: 1378 - NUMBER OF MEETINGS HELD: 9
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Stone President | 4 | $0 | |
Rachel Mcdaniel Treasurer | 4 | $0 | |
Tillie Hickman Secretary | 4 | $0 | |
Bill Grace Member | 4 | $0 | |
Jimmy Bryan Member | 4 | $0 | |
Darth Battise Member | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,645 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,271 |
| Capital Gain Net Income | $16,271 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $18,200 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,887 |
| Depreciation | $7,498 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,490 |
| Total operating and administrative expenses | $49,212 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $49,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,364 |
| Savings and temporary cash investments | $0 |
| 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 | $478,625 |
| Net Land, buildings, and equipment | $198,114 |
| Other assets | $0 |
| Total assets | $686,103 |
| 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 | $243 |
| Total liabilities | $243 |