Williamson County Historical Museum

Nonprofit profile at a glance

EIN
742778449
IRS 990 coverage
2013–2021
Forms available
Form 990 2021
Location
Georgetown, TX, USA
Phone
5129431670
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$906,748
Expenses
$689,759
Assets
$925,152
Liabilities
$551,824

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

21 people listed

Highest reported compensation

  • NANCY HILL (EXECUTIVE DI): $82,672 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the williamson county museum is to collect and interpret items that promote the unique culture and heritage of williamson county.

What it reported doing in 2021

Operate the williamson museum and to collect, preserve, and exhibit documents, photographs, material objects, and oral histories relating to the history of williamson county, Texas. There are nearly 15,000 items in our continually growing permanent collections. The museum's georgetown facility is provided by williamson county rent- free. Additionally, utilities and cleaning services are provided at no charge by williamson county. The estimated value of the rent, utilities, and cleaning services is 70,607. The museum saw 16,500 visitors in georgetown in fy 2022. We presented 810 programs, 14 new and refurbished exhibits, and served more than 15,000 students. We have staff available onsite monday through saturday and are open to the public tuesday through saturday, plus numerous curated after- hours events throughout the year. Museum staff conducts public tours of the courthouse, historic buildings on the georgetown square, local cemeteries, and more.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65%; rating input score 65
  • Program expense ratio: 83.5%; rating input score 83
  • Fundraising efficiency: $52.42 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.6%; rating input score 99; 45th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 23.9%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.6; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 12%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 8.3% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 8.1% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 65% of revenue deployed · 83.5% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $576K in reported program spending
  • Leadership: top reported pay $83K · 21 people listed
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2013 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.