Wolf Creek Heritage Museum in Lipscomb, Texas (TX)
Table of contents:
| Wolf Creek Heritage Museum | |
| Employer Identification Number (EIN) | 751823779 |
| Name of Organization | Wolf Creek Heritage Museum |
| In Care of Name | VIRGINIA SCOTT |
| Address | P O Box 5, Lipscomb, TX 79056 |
| Activities | Museum, zoo, planetarium, etc. |
| Subsection | Educational Organization |
| Ruling Date | 10/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2011 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $267,748 |
| Amount of Income | $96,304 |
| Form 990 Revenue Amount | $95,142 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2011: $96,304 (it was $95,142 in 2013)
| This organization: | $96,304 |
| Other organizations performing similar types of work: | $170,607 |
Assets in 2011: $267,748 (it was $267,748 in 2013)
| This organization: | $267,748 |
| Other organizations performing similar types of work: | $751,001 |
Expenses in 2013: $19,412
| Wolf Creek Heritage Museum: | $19,412 |
| Other organizations performing similar types of work: | $136,601 |
Income to expenses ratio in 2013: 5.0
| Wolf Creek Heritage Museum: | 5.0 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 79.4%
| Wolf Creek Heritage Museum: | 79.4% |
| Other organizations performing similar types of work: | 57.9% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $50,366 | $95,142 |
| Contributions, gifts, grants, and similar amounts received | $39,014 | $75,583 |
| Program service revenue including government fees and contracts | $2,139 | $1,208 |
| Membership dues and assessments | $7,015 | $15,616 |
| Investment income | $112 | $98 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,465 | $2,520 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $2,515 | $3,520 |
| Less: direct expenses from gaming and fundraising events | $1,050 | $1,000 |
| Gross profit/loss from sales of inventory | $621 | $117 |
| Gross sales of inventory, less returns and allowances | $1,607 | $279 |
| Less: cost of goods sold | $986 | $162 |
| Other revenue | $0 | $0 |
| Total expenses | $23,413 | $19,412 |
| Total net assets | $192,018 | $267,748 |
| Excess/Deficit for the year | $26,953 | $75,730 |
| Net assets or fund balances at beginning of year | $165,065 | $192,018 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $192,018 | $267,748 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $192,018 | $267,748 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $192,018 | $267,748 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $195,534 |
| Subtotal | $245,534 |
| Gifts, grants, contributions, and membership fees received | $192,100 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $53,434 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $50,000 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $50,000 |
| Total support | $247,272 |
| Public support | $245,534 |
| Subtotal | $481 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $481 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $1,257 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Wharton County Museum Association | PO BOX 349, Wharton, TX 77488-0349 | TX | 1974-12 | $141,508 |
| 2 | San Jacinto Museum Of History Association | 1 Monument Cir, La Porte, TX 77571-9585 | TX | 1940-11 | $2,300,662 |
| 3 | Lone Star Flight Museum | 2002 Terminal Dr, Galveston, TX 77554-9279 | TX | 1987-07 | $1,561,679 |
| 4 | Texas Maritime Museum Association Inc | 1202 Navigation Cir, Rockport, TX 78382-2773 | TX | 1980-05 | $463,255 |
| 5 | Sophienburg Memorial Association | 401 W Coll St, New Braunfels, TX 78130-5618 | TX | 1980-12 | $380,307 |
| 6 | River Valley Pioneer Museum | PO BOX 1201, Canadian, TX 79014-1201 | TX | 1987-04 | $197,930 |
| 7 | Scurry County Museum Association Inc | 6200 College Ave, Snyder, TX 79549-6105 | TX | 1975-06 | $165,065 |
| 8 | West Of The Pecos Museum Inc | PO BOX 1784, Pecos, TX 79772-1784 | TX | 1964-11 | $103,685 |
| 9 | Wolf Creek Heritage Museum | P O Box 5, Lipscomb, TX 79056 | TX | 1998-10 | $96,304 |
| 10 | Texas Air Museum Inc | 5508 County Road 7550, Lubbock, TX 79424-6588 | TX | 1986-11 | $79,182 |
| 11 | North Montague County Historical Society & Museum | 201 Clay St, Nocona, TX 76255 | TX | 1995-06 | $66,968 |
| 12 | Texas Music Museum Inc | PO BOX 16467, Austin, TX 78761-6467 | TX | 1984-11 | $37,335 |
| 13 | Swenson Memorial Museum Of Stephens County Inc | Po Box 1638, Breckenridge, TX 76424 | TX | 1970-05 | $34,705 |
| 14 | Midland Masomic Historical Museum & Library Foundation | P O Box 10843, Midland, TX 79702 | TX | 1997-03 | $27,792 |
| 15 | Fannin County Historical Museum Society Inc | One Main Street, Bonham, TX 75418 | TX | 1986-08 | $18,003 |
| 16 | South Texas Museum | PO BOX 3232, Alice, TX 78333-3232 | TX | 1974-02 | $16,834 |
| 17 | American Airpower Heritage Flying Museum Inc | PO BOX 62000, Midland, TX 79711 | TX | 1990-06 | $0 |
| 18 | Heritage Society Museum Of Weimar Inc | 1250 E Main St, Weimar, TX 78962 | TX | 1991-09 | $0 |
| 19 | Madison County Museum Commission | PO BOX 61, Madisonville, TX 77864 | TX | 1991-12 | $0 |
| 20 | Texas Department Of Public Saftey Historical Museum & Research Ctr I | P O Box 141603, Austin, TX 78714-1603 | TX | 1994-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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