Prescott Western Heritage Foundation Inc

Nonprofit profile at a glance

EIN
273076815
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2017
Location
Prescott, AZ, USA
Phone
9289102307
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$138,540
Expenses
$124,247
Assets
$130,349
Liabilities
$20,749

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Dennis Gallagher (CEO)
  • Drew Desmond (President)
  • Colleen Wilson (Vice President)
  • Christa Hoffman (Vice President)

People named in this filing

  • Dennis Gallagher (CEO)
  • Drew Desmond (President)
  • Patricia ONeill (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

Our mission is to preserve and promote our western heritage through education, events, arts, music and projects that enhance our western lifestyle making Yavapai County a unique place to live and visit

What it reported doing in 2024

The Western Heritage Center WHC, located at 156C South Montezuma Street on historically significant Whiskey Row, is a collaboration of more than 20 museums, historical societies, and other organizations dedicated to the preservation and promotion of our western heritage. The WHC will use the first five 5 exhibits to house displays of the Museum of Indigenous People, Rough Riders, Rodeo, Sheriff's Office -- History of Law Enforcement and the Pippen Museum. These collaborative partners will educate visitors through their organizations' displays of historic western individuals and items of historical importance, including artifacts, memorabilia, period costumes, maps, ancient indian baskets and artwork amongst other educational information. These organizations are excited to have the opportunity to be showcased in a central location on Whiskey Row for tourists and locals, with an emphasis on youth. This one stop WHC will help promote the organizations by providing interactive organizational information on how to visit their specific locations. Some of the other organizations involved with the WHC are the Yavapai Cowbelles, History of Ranching, Prescott Corral of Westerners International, the Arizona Poets Gathering and Prescott Film -- over 100 years of film in Yavapai County.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 27
  • Transparency & Controls: 76
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 25.9%; rating input score 26
  • Program expense ratio: 28.9%; rating input score 29

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 3rd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 10.3%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 1.05; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -18.1% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: 11.4% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 20.1% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 25.9% of revenue deployed · 28.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $36K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2018 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 — Financial Efficiency: Mission deployment rate scored 26/100.
  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.