Masonic Grand Lodge Library And Museum Of Texas

Organization Overview

Masonic Grand Lodge Library And Museum Of Texas is located in Waco, TX. The organization was established in 1982. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Masonic Grand Lodge Library And Museum Of Texas employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masonic Grand Lodge Library And Museum Of Texas 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, Masonic Grand Lodge Library And Museum Of Texas generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $796.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN AND OPERATE A LIBRARY AND MUSEUM FOR THE GRAND LODGE OF TEXAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE AND OPERATION OF THE GRAND LODGE MASONIC LIBRARY & MUSEUM


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Board, Officers & Key Employees

Name (title)Compensation
Barbara E Mechell
Librarian & Museum Coordin
$40,219
Lyndon Olson
1st Vice President
$0
Claude Ervin
President
$0
Don Paul Payton
Secretary-Treasurer
$0
Jerry Kirby
Director
$0
Robert Loflin
Director
$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$387,579
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$387,579
Total Program Service Revenue$0
Investment income $165,570
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $177,000
Net Gain/Loss on Asset Sales $1,260,384
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,990,533

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Masonic Grand Lodge Library And Museum Of Texas has recieved totaling $17,707.

Awarding OrganizationAmount
H Malvern Marks Foundation Inc

Brownwood, TX

PURPOSE: EDUCATION

$16,666
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$1,041
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,135,976
Earnings$420,753
Net Contributions$157,740
Ending Balance$5,714,469

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