THE TEXARKANA HISTORICAL SOCIETY AND MUSEUM (EIN 751338387) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile

Principal Officer

EMIL TARR

Phone

9037934831

Tax Period

2023-01-01 to 2023-12-31

THE TEXARKANA HISTORICAL SOCIETY AND MUSEUM is a small nonprofit that reported $344K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 38 months of operating reserves.

Mission

THE MISSION OF THE MUSEUM IS TO PROVIDE HISTORICAL AND EDUCATIONAL VALUES OF THE CITY OF TEXARKANA AND ITS SURROUNDING FEATUERS THE CITY HAS EXPERIENCED IN THE PAST AND ITS FORWARD PROCESS INTO THE FUTURE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $420,777

Program Service Revenue $4,303

Investment Income $-128,163

Other Revenue $46,667

TOTAL REVENUE $343,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,358

Fundraising Expenses $3,191

Program Expenses $161,398

Other Expenses $273,979

TOTAL EXPENSES $357,337

Year-over-Year Comparison

	2023	2022	Change
Revenue	$343,584	$248,976	+0.4%
Expenses	$357,337	$293,801	+0.2%
Net Income	$-13,753	$-44,825	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAMOYA BURKS	DIRECTOR	N/A	Director	$0	$0	$0
JOHNNIE HIGH	DIRECTOR	N/A	Director	$0	$0	$0
DAWN MARTIN	DIRECTOR	N/A	Director	$0	$0	$0
ANDREA WILLIAMS MCCOY	SECRETARY	N/A	Director	$0	$0	$0
LES MINOR	DIRECTOR	N/A	Director	$0	$0	$0
JUANITA ROBERSON	DIRECTOR	N/A	Director	$0	$0	$0
COLLEEN WOODS	TREASURER	N/A	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
2023	$343,584	$357,337	$1,215,903	$-13,753
2022	$248,976	$293,801	$954,102	$-44,825
2021	$299,452	$229,575	$1,095,663	$69,877
2021	$233,928	$220,133	$1,032,813	$13,795
2020	$178,140	$202,371	$939,821	$-24,231
2019	$186,254	$245,012	$953,239	$-58,758
2018	$196,506	$249,509	$1,010,406	$-53,003

THE TEXARKANA HISTORICAL SOCIETY AND MUSEUM