Civic Intelligence

Twentieth Century Technology Museum

990 • Fiscal year 2012 • EIN 20-2059431

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 11, 2013

PO Box 86877488
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

6th percentile

-62%

Faster asset growth than 6% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$149,238

Down $239,274 (-62%) from 2011

Net Assets

Down

$149,238

Down $239,274 (-62%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$290,996

Up $274,715 (+1687%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $291,820Liabilities 2010: $0Net Assets 2010: $291,8202010Assets 2011: $388,512Liabilities 2011: $0Net Assets 2011: $388,5122011Assets 2012: $149,238Liabilities 2012: $0Net Assets 2012: $149,2382012Assets 2013: $153,050Liabilities 2013: $0Net Assets 2013: $153,0502013Assets 2014: $96,869Liabilities 2014: $0Net Assets 2014: $96,8692014

Highlighted filing

2012

Assets$149,238
Liabilities$0
Net Assets$149,238

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $14,0652010Expenses 2011: $16,2812011Expenses 2012: $290,9962012Revenue 2013: $12,862Expenses 2013: $9,050Net Income 2013: $3,8122013Revenue 2014: -$49,779Expenses 2014: $18,254Net Income 2014: -$68,0332014

Highlighted filing

2012

Revenue-
Expenses$290,996
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 11, 2013
Return Version
2012v2.1
Gross Receipts
$61,101
Mission and Program Overview

Mission

Twentieth century technology museum is an educational organization dedicated to collecting, preserving, and exhibiting objects of twentieth century technology in a museum setting that is open to the public. These objects include instrumentation, entertainment, communications, aviation, computational, and household technology developed in twentieth century america. The purpose of the museum is to provide a place for the public to view and learn about this technology in a historical context. Tours will be conducted by a staff of volunteers, who will educate the public about the significance of the objects on display. In addition, there is a library of research material on twentieth century technology that is freely available to the public. Occasionally, there will be on display collections on loan from other institutions. These collections will further carry out the purposes of twentieth century technology museum and enhance the educational opportunities for visitors to the museum. The m

Filing and Contact Details

Filer

EIN
20-2059431
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IRS990ScheduleO/GeneralExplanation/Explanation0TWENTIETH CENTURY TECHNOLOGY MUSEUM IS AN EDUCATIONAL ORGANIZATION DEDICATED TO COLLECTING, PRESERVING, AND EXHIBITING OBJECTS OF TWENTIETH CENTURY TECHNOLOGY IN A MUSEUM SETTING THAT IS OPEN TO THE PUBLIC. THESE OBJECTS INCLUDE INSTRUMENTATION, ENTERTAINMENT, COMMUNICATIONS, AVIATION, COMPUTATIONAL, AND HOUSEHOLD TECHNOLOGY DEVELOPED IN TWENTIETH CENTURY AMERICA. THE PURPOSE OF THE MUSEUM IS TO PROVIDE A PLACE FOR THE PUBLIC TO VIEW AND LEARN ABOUT THIS TECHNOLOGY IN A HISTORICAL CONTEXT. TOURS WILL BE CONDUCTED BY A STAFF OF VOLUNTEERS, WHO WILL EDUCATE THE PUBLIC ABOUT THE SIGNIFICANCE OF THE OBJECTS ON DISPLAY. IN ADDITION, THERE IS A LIBRARY OF RESEARCH MATERIAL ON TWENTIETH CENTURY TECHNOLOGY THAT IS FREELY AVAILABLE TO THE PUBLIC. OCCASIONALLY, THERE WILL BE ON DISPLAY COLLECTIONS ON LOAN FROM OTHER INSTITUTIONS. THESE COLLECTIONS WILL FURTHER CARRY OUT THE PURPOSES OF TWENTIETH CENTURY TECHNOLOGY MUSEUM AND ENHANCE THE EDUCATIONAL OPPORTUNITIES FOR VISITORS TO THE MUSEUM. THE MUSEUM IS MAINTAINED ENTIRELY BY A GROUP OF VOLUNTEERS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION'S TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT. BEFORE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE, THE BOARD OF DIRECTORS IS GIVEN THE OPPORTUNITY TO REVIEW THE RETURN. ANY QUESTIONS CONCERNING THE RETURN ARE THEN REFERRED TO THE INDEPENDENT ACCOUNTANT WHO PREPARED THE RETURN.
IRS990ScheduleO/GeneralExplanation/Explanation2AS STATED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY: ARTICLE III, PROCEDURES: 1. DUTY TO DISCLOSE - IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS - AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM THE PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. 4. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ARTICLE VI, ANNUAL STATEMENTS: EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
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ReturnHeader/Preparer/DatePrepared02013-07-11
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10P W STEPHENSON & CO PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101609 NORTH RICHMOND ROAD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0WHARTON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0TX
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode077488
ReturnHeader/Preparer/Name0PHIL STEPHENSON
ReturnHeader/Preparer/Phone09795325964
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-08-15T09:41:46-05:00

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