LIMESTONE COUNTY HISTORIAL MUSEUM ASSOCIATION

EIN: 510144267 501(c)(3) Arts, Culture & Humanities

GROESBECK, TX

Total Revenue
$332,689
Total Expenses
$4,974
Total Assets
$328,977
Net Assets
$328,977
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
TX
Principal Officer
WILLIAM REAGAN
Phone
2543394275
Tax Period
2021-05-01 to 2022-04-30

LIMESTONE COUNTY HISTORIAL MUSEUM ASSOCIATION, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $333K in total revenue in fiscal year 2021. Revenue surged 7471% from the prior year, signaling strong growth momentum. The organization ran a surplus of $328K, a strong 99% operating margin.

Mission

MAINTAIN EXHIBITS FOR THE PUBLIC DOCUMENTING THE HISTORY OF LIMESTONE COUNTY, TEXAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $332,689
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $332,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,974
Other Expenses $4,974
TOTAL EXPENSES $4,974

Year-over-Year Comparison

2021 2020 Change
Revenue $332,689 $4,394 +74.7%
Expenses $4,974 $4,503 +0.1%
Net Income $327,715 $-109 -3007.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
11

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM REAGAN PRESIDENT 2.00
Officer
$0 $0 $0
BETH WESTHOFF VICE PRESIDENT 2.00
Officer
$0 $0 $0
TOM HAWKINS TREASURER 2.00
Officer
$0 $0 $0
LIZ MACDANIEL SECRETARY 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $332,689 $4,974 $328,977 $327,715
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LIMESTONE COUNTY HISTORIAL MUSEUM ASSOCIATION with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.