Civic Intelligence

Frontier Times Museum

990 • Fiscal year 2018 • EIN 23-7253589

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

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

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

57th percentile

6.4%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

90th percentile

$43,040

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

11th percentile

-43%

Faster asset growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

55th percentile

4.1%

Faster revenue growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$290,903

Down $597,578 (-67%) from 2016

Net Assets

Down

$288,827

Down $597,613 (-67%) from 2016

Liabilities

Up

$2,076

Up $35 (+1.7%) from 2016

Revenue

Up

$138,958

Up $10,745 (+8.4%) from 2016

Expenses

Up

$130,018

Up $12,992 (+11%) from 2016

Net Income

Down

$8,940

Down $2,247 (-20%) from 2016

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

2018

Assets$290,903
Liabilities$2,076
Net Assets$288,827

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

2018

Revenue$138,958
Expenses$130,018
Net Income$8,940
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$173,265
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.

The mission of the museum is to preserve and share the cultural heritage of Bandera County and the Texas frontier times.The museum serves the county and visitors through eclectic collections that tell stories through exhibitions and educational programs that promote Bandera County and its impact on the Texas frontier.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$159,253$173,789▲ $14,536
Land, Buildings, and Equipment, Net$108,725$103,186▼ $5,539
Savings and Temporary Cash Investments$13,913$13,928▲ $15
Accounts Receivable-$0-
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$281,891$290,903▲ $9,012
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$2,049$2,076▲ $27
Total Liabilities$2,049$2,076▲ $27
Net Assets / Fund Balance
Unrestricted Net Assets$184,266$181,834▼ $2,432
Temporarily Rstr Net Assets$81,692$93,065▲ $11,373
Permanently Rstr Net Assets$13,884$13,928▲ $44
Total Net Assets Fund Balance$279,842$288,827▲ $8,985
Total Liabilities and Net Assets / Fund Balance$281,891$290,903▲ $9,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$883$178,179$179,062
Land$89,562-$89,562
Other Land Buildings$12,741$883$13,624

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$13,884-▲ $44-$13,928
2017$13,889---$13,884
2016$13,854-▲ $35-$13,889
2015$13,805-▲ $49-$13,854
2014$13,807-▲ $25$27$13,805
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca NortonExecutive DirectorFT$43,040$43,040

Board Members and Trustees

NameTitle
Kirk McMullanPresident
Anthony J FerragamoVice President
Ann HevenorTrustee
Catherine CarrTrustee
Dee Dee PetersonTrustee
Eddie RoweTrustee
Eric ShawTrustee
George SharmanTrustee
Harry B Harris JrTrustee
Susan JunkerParlimentarian
Bill PannebakerSecretary
Carole Anne BoyleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$131,125
Program Service Revenue
$24,905
Investment Income
$47
Other Revenue
$-17,119
All Other Contributions
$63,308
Change in Net Assets
$8,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$77,349
Other Expenses$52,669
Total Fundraising Expense$23,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$19,368$10,760$12,912$43,040
Other Salaries and Wages$16,770$7,066$4,875$28,711
Fees for Services Accounting-$12,462-$12,462
All Other Expenses$8,395$3,702$7$12,104
Insurance$6,627--$6,627
Payroll Taxes$2,634$1,508$1,456$5,598
Depreciation Depletion$5,539--$5,539
Other Expenses$2,148$1,916$4,695$1,916
Advertising$1,412--$1,412
Total Functional Expenses$68,659$37,414$23,945$130,018
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,904
Fundraising Gross Income$1,863
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
FTM Rodeo$24,349-$4,965-
Spring Gala$30,949$1,863$3,204$-1,341
Total Events$55,298$1,863$23,307$-21,444
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 copies are provided to the organization's Board of Trustees. 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
Rebecca Norton
Title
Executive Director
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Norton
Formed
1971
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
11
Employees
3
Volunteers
47

Preparer

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

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Adjustment to properly reflect balance of Endowment Fund = $45

Financial Statement Notes

Part III, Line 1A: If organization elected under SFAS 116 to not report are, historical treasures, O

The Museum holds a collection of historic artifacts, documents, photographs, and artwork that is used for exhibits, programs, & historic preservation.

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

Earnings on restricted investments

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