Civic Intelligence

Frontier Times Museum

990 • Fiscal year 2014 • EIN 23-7253589

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 22, 2015

PO Box 1918Bandera, TX 78003

(830) 796-3864

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

59th percentile

$38,640

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

52nd percentile

2.8%

Faster asset growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

25th percentile

-7.9%

Faster revenue growth than 25% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$844,390

Up $22,629 (+2.8%) from 2013

Net Assets

Up

$842,864

Up $23,415 (+2.9%) from 2013

Liabilities

Down

$1,526

Down $786 (-34%) from 2013

Revenue

Down

$151,610

Down $13,061 (-7.9%) from 2013

Expenses

Down

$128,195

Down $48,268 (-27%) from 2013

Net Income

Up

$23,415

Up $35,207 (+299%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $822,199Liabilities 2010: $2,770Net Assets 2010: $819,4292010Assets 2011: $829,986Liabilities 2011: $1,597Net Assets 2011: $828,3892011Assets 2012: $832,992Liabilities 2012: $1,753Net Assets 2012: $831,2392012Assets 2013: $821,761Liabilities 2013: $2,312Net Assets 2013: $819,4492013Assets 2014: $844,390Liabilities 2014: $1,526Net Assets 2014: $842,8642014Assets 2015: $876,941Liabilities 2015: $1,688Net Assets 2015: $875,2532015Assets 2016: $888,481Liabilities 2016: $2,041Net Assets 2016: $886,4402016Assets 2018: $290,903Liabilities 2018: $2,076Net Assets 2018: $288,8272018Assets 2021: $390,175Liabilities 2021: $18,296Net Assets 2021: $371,8792021Assets 2022: $387,727Liabilities 2022: $279Net Assets 2022: $387,4482022Assets 2024: $901,065Liabilities 2024: $213Net Assets 2024: $900,8522024

Highlighted filing

2014

Assets$844,390
Liabilities$1,526
Net Assets$842,864

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $163,5642010Expenses 2011: $167,0392011Expenses 2012: $177,4552012Revenue 2013: $164,671Expenses 2013: $176,463Net Income 2013: -$11,7922013Revenue 2014: $151,610Expenses 2014: $128,195Net Income 2014: $23,4152014Revenue 2015: $160,531Expenses 2015: $128,142Net Income 2015: $32,3892015Revenue 2016: $128,213Expenses 2016: $117,026Net Income 2016: $11,1872016Revenue 2018: $138,958Expenses 2018: $130,018Net Income 2018: $8,9402018Revenue 2021: $195,416Expenses 2021: $139,747Net Income 2021: $55,6692021Revenue 2022: $293,666Expenses 2022: $278,097Net Income 2022: $15,5692022Revenue 2024: $252,987Expenses 2024: $171,173Net Income 2024: $81,8142024

Highlighted filing

2014

Revenue$151,610
Expenses$128,195
Net Income$23,415
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 22, 2015
Return Version
2014v5.0
Gross Receipts
$165,629
Mission and Program Overview

Mission

As the only public museum in Bandera County, the museum is committed to serving as an educational and cultural resource for the residents of Bandera County and our visitors. The museum's mission is to honor the vision of its founder, J. Marvin Hunter, Sr., and to preserve and interpret the cultural heritage of Bandera County and the surrounding Hill Country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$269,507$269,507→ $0
Cash and Non-Interest-Bearing Accounts$78,940$93,212▲ $14,272
Savings and Temporary Cash Investments$13,807$22,288▲ $8,481
Accounts Receivable$771$647▼ $124
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$821,761$844,390▲ $22,629
Other Assets Total$458,736$458,736→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,312$1,526▼ $786
Total Liabilities$2,312$1,526▼ $786
Net Assets / Fund Balance
Unrestricted Net Assets$805,642$828,449▲ $22,807
Permanently Rstr Net Assets$13,807$13,805▼ $2
Temporarily Rstr Net Assets-$610-
Total Net Assets Fund Balance$819,449$842,864▲ $23,415
Total Liabilities and Net Assets / Fund Balance$821,761$844,390▲ $22,629

Asset Categories

AssetBook ValueDepreciationBasis
Land$150,246-$150,246
Buildings$118,378-$118,378
Other Land Buildings$883-$883
Other Assets Org$458,736--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$13,807-▲ $25$27$13,805
2013$13,766-▲ $41-$13,807
2012$13,715-▲ $51-$13,766
2011$12,488-▲ $1,267-$13,715
2010$12,445-▲ $3-$12,448
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca NortonExecutive DirectorFT$38,640$38,640

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$79,160
Program Service Revenue
$74,116
Investment Income
$24
Other Revenue
$-1,690
All Other Contributions
$44,582
Change in Net Assets
$23,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$66,659
Other Expenses$61,536
Total Fundraising Expense$15,966
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$18,934$9,660$10,046$38,640
Other Salaries and Wages$13,342$4,709$4,645$22,696
All Other Expenses$12,093$6,259-$18,352
Other Expenses$6,305$6,302-$6,302
Payroll Taxes$2,801$1,247$1,275$5,323
Insurance-$4,883-$4,883
Fees for Services Accounting-$3,352-$3,352
Advertising-$688-$688
Total Functional Expenses$75,129$37,100$15,966$128,195
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,100
Fundraising Gross Income$1,339
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Show$5,572-$748-
Spring Gala$26,620$1,339$3,207$-1,868
Total Events$32,192$1,339$8,100$-6,761
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Federal Form 990 is prepared by the external CPA firm. Following the preparation of the 990 it is provided to the organization's Executive Director for review in detail with the CPA. Following this review it is submitted to the organization's Board of Trustees for review and signature. Once reviewed the return is filed with the Internal Revenue Service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy completed by each board member

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The salary of the Executive Director and all other employees, are evaluated, approved and set by the Board of Trustees.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All requests for the issuance of these documents must be made in writing to the Executive Director for approval of issuance.

Filing and Contact Details

Filer

Filer Name
Frontier Times Museum
EIN
23-7253589
Phone
8307963864
Address
PO Box 1918, Bandera, TX 78003

Signing Officer

Name
Carole Anne Boyle
Title
Treasurer
Signed
2015-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carole Anne Boyle
Formed
1971
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
35

Preparer

Firm
Garza Preis & Co
Address
8415 Speedway Dr, San Antonio, TX 78230
Preparer
Michael GarzaCPA
Phone
2103410577
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Bank Charges: Column (A) - Total = $739; Column (B) - Program Services = $0; Column (C) - Management & General = $739; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Cleaning Supplies: Column (A) - Total = $175; Column (B) - Program Services = $0; Column (C) - Management & General = $175; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Conservation Supplies: Column (A) - Total = $236; Column (B) - Program Services = $236; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Educational Programs: Column (A) - Total = $650; Column (B) - Program Services = $650; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Entertainment: Column (A) - Total = $603; Column (B) - Program Services = $0; Column (C) - Management & General = $603; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Exhibit Expenses: Column (A) - Total = $545; Column (B) - Program Services = $545; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

General Expenses: Column (A) - Total = $4158; Column (B) - Program Services = $4158; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Horse Racing Expenses: Column (A) - Total = $983; Column (B) - Program Services = $983; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Landscaping & Yard Work: Column (A) - Total = $210; Column (B) - Program Services = $0; Column (C) - Management & General = $210; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Membership Dues & Fees: Column (A) - Total = $440; Column (B) - Program Services = $0; Column (C) - Management & General = $440; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous: Column (A) - Total = $225; Column (B) - Program Services = $0; Column (C) - Management & General = $225; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Office Supplies: Column (A) - Total = $1700; Column (B) - Program Services = $0; Column (C) - Management & General = $1700; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $598; Column (B) - Program Services = $0; Column (C) - Management & General = $598; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Program Expense Other: Column (A) - Total = $666; Column (B) - Program Services = $666; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Receptions: Column (A) - Total = $2950; Column (B) - Program Services = $2950; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Rental Storage Fees: Column (A) - Total = $159; Column (B) - Program Services = $159; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Repairs & Maintenance: Column (A) - Total = $1569; Column (B) - Program Services = $0; Column (C) - Management & General = $1569; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Souvenir Expenses: Column (A) - Total = $1541; Column (B) - Program Services = $1541; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Stage Expense: Column (A) - Total = $137; Column (B) - Program Services = $137; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Texas Heroes Hall of Fame: Column (A) - Total = $68; Column (B) - Program Services = $68; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Part XI

Prior depreciation was not recorded

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

Historical items are used for display to create awareness and for educational purposes.

Part V, Line 4: Intended uses of the endowment fund.

Earnings on restricted investments

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IRS990/MissionDesc0As the only public museum in Bandera County, the museum is committed to serving as an educational and cultural resource for the residents of Bandera County and our visitors. The museum's mission is to honor the vision of its founder, J. Marvin Hunter, Sr., and to preserve and interpret the cultural heritage of Bandera County and the surrounding Hill Country.
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