Friends of the Texas Historical Commission Inc

EIN: 742773168 501(c)(3) Arts, Culture & Humanities

Austin, TX

Total Revenue
$1,860,426
Total Expenses
$1,103,221
Total Assets
$5,104,084
Net Assets
$5,054,084
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
TX
Principal Officer
Anjali Kaul Zutshi
Phone
5129362241
Tax Period
2023-09-01 to 2024-08-31

Friends of the Texas Historical Commission Inc, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $757K, a strong 41% operating margin.

Mission

The Organization works with the Texas Historical Commission to preserve and protect the real places and real stories of Texas and all Texans, securing philanthropic resources to ensure a lasting legacy for future generations.

Program Service Accomplishments

Program 1
Expenses: $502,850 Revenue: $484,948

2024 Annual Conference: Real Places: Preserving Historic Texas. The 2024 Annual Conference was presented in partnership with the Texas Historical Commission. The conference provided opportunities to...

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2024 Annual Conference: Real Places: Preserving Historic Texas. The 2024 Annual Conference was presented in partnership with the Texas Historical Commission. The conference provided opportunities to learn from and network with professional staff, volunteers, and supporters of historic preservation and heritage tourism. Attendees included county historical commissions, Main Street managers and board members, historic preservation officers and design review boards, architects and engineers, historians, archaeologists, curators, interpreters, managers of museums and historic sites, as well as THC staff, Texas Heritage Trail Regions, and other partner agencies. The conference provides continuing education, exhibits of interest and networking through speakers and workshops.

Program 2
Expenses: $307,346

Protecting historic sites across the State - The Texas Historical Commission preserves and operates 36 historic sites throughout the state. The Organization supports the preservation of these sites...

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Protecting historic sites across the State - The Texas Historical Commission preserves and operates 36 historic sites throughout the state. The Organization supports the preservation of these sites and helps raise the funds and awareness to make preservation, restoration, and interpretation possible. The Organization acquired two properties adjacent to the Charles and Mary Ann Goodnight Ranch State Historic Site and sold them to THC at cost; acquired an additional property adjacent to the Eisenhower Birthplace State Historical Site for future sale to THC at cost; began the architectural and engineering design work for the Phase II Education Center at Caddo Mounds State Historic Site; and made critical repairs and improvements to the Sabine Pass Battleground State Historic Site.

Program 3
Expenses: $173,937 Revenue: $18,400

Other projects to support the Texas Historical Commission's core mission of preservation, stewardship, and place-based, experiential learning. The Organization continues to work on projects that...

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Other projects to support the Texas Historical Commission's core mission of preservation, stewardship, and place-based, experiential learning. The Organization continues to work on projects that address core programmatic initiatives- enhancing the visitor experience through capital projects, creating education opportunities and resources for students and visitors, and building preservation capacity through stewardship.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,181,124
Program Service Revenue $503,348
Investment Income $150,208
Other Revenue $25,746
TOTAL REVENUE $1,860,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $9,363
Program Expenses $984,133
Other Expenses $1,103,221
TOTAL EXPENSES $1,103,221

Year-over-Year Comparison

2023 2022 Change
Revenue $1,860,426 $1,562,153 +0.2%
Expenses $1,103,221 $1,587,176 -0.3%
Net Income $757,205 $-25,023 -31.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
24
Independent Members
24
Employees
N/A
Volunteers
37

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
5
$139,049
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anjali Kaul Zutshi Executive Dir. 40.00
Officer
$0 $36,278 $139,049
Sally Anne Schmidt Chairman 20.00
Officer Director
$0 $0 $0
Donna Carter Vice Chair 15.00
Officer Director
$0 $0 $0
Courtney Read Hoffman Treasurer 15.00
Officer Director
$0 $0 $0
Lareatha Clay Secretary 15.00
Officer Director
$0 $0 $0
Jane Barnhill Trustee 5.00
Director
$0 $0 $0
Sehila Mota Casper Trustee 5.00
Director
$0 $0 $0
Terry Colley Trustee 10.00
Director
$0 $0 $0
Rowena Houghton Dasch Trustee 5.00
Director
$0 $0 $0
Aaron Dorfner Trustee 5.00
Director
$0 $0 $0
Sarah Zenaida Gould Trustee 10.00
Director
$0 $0 $0
Francisco Guajardo Trustee 5.00
Director
$0 $0 $0
Sarita Hixon Trustee 10.00
Director
$0 $0 $0
Harriet Latimer Trustee 10.00
Director
$0 $0 $0
John Mayfield Trustee 5.00
Director
$0 $0 $0
Vanessa McElwrath Trustee 5.00
Director
$0 $0 $0
Bonnie McKee Trustee 5.00
Director
$0 $0 $0
Kristine Navarro-McElhaney Trustee 5.00
Director
$0 $0 $0
Wes Reeves Trustee 5.00
Director
$0 $0 $0
Brian Shivers Trustee 5.00
Director
$0 $0 $0
Joe Thrash Trustee 5.00
Director
$0 $0 $0
Kay Timme Trustee 5.00
Director
$0 $0 $0
Dianne Duncan Tucker Trustee 5.00
Director
$0 $0 $0
Daisy Sloan White Trustee 5.00
Director
$0 $0 $0
Welcome Wilson Jr Trustee 5.00
Director
$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
2025 No data No data No data No data
2024 $1,860,426 $1,103,221 $5,104,084 $757,205
2023 $1,562,153 $1,587,176 $4,490,062 $-25,023
2022 $2,777,984 $999,311 $3,919,304 $1,778,673
2021 $1,192,867 $1,519,213 $2,566,548 $-326,346
2020 $680,992 $1,870,759 $2,909,027 $-1,189,767
2019 $909,611 $1,087,718 $3,598,834 $-178,107
2018 $2,442,462 $590,604 $3,757,194 $1,851,858
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