Gregg County Historical Foundation
- Assets
- $2.1m
- Revenue
- $249.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Longview, TX
- Founding
- 01/1967
- Data as of
- 09/2021
- EIN
- 75-6055196
Organization Overview
Gregg County Historical Foundation is located in Longview, TX. The organization was established in 1967. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Gregg County Historical Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gregg County Historical Foundation 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 09/2021, Gregg County Historical Foundation generated $249.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $214.9k during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM'S PURPOSE IS TO EDUCATE AND EXHIBIT, FOR PUBLIC BENEFIT, THE HISTORY AND HERITAGE OF GREGG COUNTY, TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DALTON DAYS - ANNUALLY IN APRIL, THE ORGANIZATION PRESENTS A WILD WEST REENACTMENT OF THE INFAMOUS 1894 DALTON GANG BANK ROBBERY IN LONGVIEW, TEXAS. THE EVENT REENACTS THE ROBBERY AND FOCUSES ON THE BRAVERY AND HEROISM OF THE LONGVIEW CITIZENS. THIS EVENT BRINGS AN AVERAGE OF 3,500 VISITORS TO THE MUSEUM ON THE DAY OF THE EVENT.
OVER A THREE WEEK PERIOD DURING THE MONTH OF DECEMBER, THE ORGANIZATION PRESENTS CHRISTMAS EVENTS AND ACTIVITIES THAT ARE OPEN TO THE PUBLIC. THE HIGHLIGHT OF THE CHRISTMAS ACTIVITIES IS THE LIVING HISTORY CHRISTMAS PRESENTATION IN WHICH VOLUNTEERS ARE DRESSED IN PERIOD COSTUMES WHILE TELLING THE HISTORY OF LONGVIEW FROM A FIRST PERSON PERSPECTIVE FROM WITHIN THE MUSEUM EXHIBIT SETTINGS. THE CHRISTMAS EVENTS ATTRACT APPROXIMATELY 2,500 VISITORS TO THE MUSEUM EACH YEAR.
EACH YEAR, THE ORGANIZATION PRESENTS A TRAVELING EXHIBIT HIGHLIGHTING A UNIQUE HISTORICAL SUBJECT THAT IS OF INTEREST TO THE GREGG COUNTY, TEXAS COMMUNITY. THESE EXHIBITS ARE OPEN TO THE PUBLIC AND ARE TYPICALLY ON DISPLAY FOR APPROXIMATELY TWO MONTHS. THE CURRENT YEAR TRAVELING EXHIBIT WAS PRESENTED ON THE LIFE OF R.G. LETOURNEAU, A BUSINESSMAN IN LONGVIEW, TEXAS WHO ALSO ESTABLISHED A LOCAL CHRISTIAN POLYTECHNIC UNIVERSITY IN THE COMMUNITY IN 1946. THE PRESENTATION OF THIS EXHIBIT COINCIDED WITH THE 75TH ANNIVERSARY OF THE FOUNDING OF THAT EDUCATIONAL INSTITUTION, LETOURNEAU UNIVERSITY.
THE ORGANIZATION PRESENTS NUMEROUS MUSEUM EXHIBITS, SOME TEMPORARY AND SOME PERMANENT, ALONG WITH MANY SPECIAL EVENTS AND PUBLIC EDUCATION PROGRAMS, ALL OF WHICH ARE AVAILABLE TO THE CITIZENS AND STUDENTS IN THE EAST TEXAS AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Loy Executive Di | Officer | 40 | $48,177 |
Debbie Hancock President | OfficerTrustee | 1 | $0 |
Meredith May Secretary | OfficerTrustee | 1 | $0 |
Bill Rice III Treasurer | OfficerTrustee | 1 | $0 |
Marcus Welch Vice-Preside | OfficerTrustee | 1 | $0 |
Arthur Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,192 |
| Fundraising events | $2,300 |
| Related organizations | $0 |
| Government grants | $58,579 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,977 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,048 |
| Total Program Service Revenue | $14,556 |
| Investment income | $8,619 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,897 |
| Net Rental Income | $16,674 |
| Net Gain/Loss on Asset Sales | $7,040 |
| Net Income from Fundraising Events | $18,171 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,065 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,070 |
| 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. | $48,177 |
| Compensation of current officers, directors, key employees. | $4,817 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,281 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,977 |
| 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 | $11,195 |
| Insurance | $6,646 |
| All other expenses | $12,925 |
| Total functional expenses | $214,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,223 |
| Savings and temporary cash investments | $695,874 |
| 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 | $900 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,096,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,071,980 |
| Accounts payable and accrued expenses | $41 |
| 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 | $41 |
| Net assets without donor restrictions | $1,194,128 |
| Net assets with donor restrictions | $877,811 |
| 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 | $2,071,980 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gregg County Historical Foundation has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Crain Foundation Longview, TX PURPOSE: GENERAL CONTRIBUTION | $8,000 |
Endowment Analysis
| Beg. Balance | $58,555 |
| Ending Balance | $58,555 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National World War Ii Museum Inc New Orleans, LA | $356,423,154 | $49,812,071 |
Dallas Holocaust Museum Dallas, TX | $66,648,208 | $7,378,894 |
Alamo Trust Inc San Antonio, TX | $7,473,583 | $9,052,846 |
Lone Star Flight Museum Houston, TX | $40,810,370 | $4,057,590 |
Dallas County Historical Foundation Dallas, TX | $11,613,862 | $4,636,701 |
Bryan Texana Foundation Houston, TX | $8,461,183 | $2,408,537 |
Port Terminal Railroad Association Employee Benefit Plan Houston, TX | $666,713 | $3,214,049 |
Museum Of South Texas History Edinburg, TX | $13,050,416 | $3,078,245 |
National Atomic Museum Foundation Albuquerque, NM | $7,001,482 | $2,166,618 |
National Wasp Wwii Museum Inc Sweetwater, TX | $6,526,024 | $2,354,607 |
Fort Bend History Association Richmond, TX | $2,253,912 | $1,581,354 |
Panhandle-Plains Historical Society Canyon, TX | $16,000,249 | $2,121,798 |