Coryell County Museum Foundation Inc

Nonprofit profile at a glance

EIN
741893671
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Gatesville, TX, USA
Phone
2548655007
Rating
97
Verdict
STRONG
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$48,231
Expenses
$83,775
Assets
$434,908

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • HAL DAVIDSON (Vice President)
  • ERVIN ADAMS (President)

People named in this filing

  • Jann Dworsky (Director)
  • RAY ASHBY (Director)
  • RHONDA MOHLER (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To collect, preserve, restore and display historical items related to Coryell County history in a museum which displays the rich heritage of the area, for the education of all residents and tourists of Coryell County.

What it reported doing in 2024

The Museum hosts special exhibits highlighting residents of Coryell County at various times during the year and local artists' works are displayed in one of the rooms. The Museum also hosts book signings for local authors and sponsors the annual Spur Festival, celebrating Gatesville's designation as the Spur Capital of Texas. The Museum is home to the Mitchell Spur Collection.

Operating model

Revenue model
Donor-supported. 60% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -73.7%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 5.19; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $84K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.