Civic Intelligence

Texas Maritime Museum Association Inc.

990 • Fiscal year 2020 • EIN 74-2097680

Jul 01, 2019 to Jun 30, 2020 • Filed on Jun 08, 2021

1202 Navigation CircleRockport, TX 78382

(361) 790-5544

Siviq Scores

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

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.17x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

7th percentile

-49%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

46th percentile

$49,000

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

12th percentile

-6.9%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-20%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,141,673

Down $85,047 (-6.9%) from 2019

Net Assets

Down

$1,100,969

Down $117,173 (-9.6%) from 2019

Liabilities

Up

$40,704

Up $32,126 (+375%) from 2019

Revenue

Down

$237,565

Down $58,048 (-20%) from 2019

Expenses

Down

$354,738

Down $44,063 (-11%) from 2019

Net Income

Down

-$117,173

Down $13,985 (-14%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,476,188Liabilities 2011: $5,434Net Assets 2011: $1,470,7542011Assets 2012: $1,455,006Liabilities 2012: $5,373Net Assets 2012: $1,449,6332012Assets 2013: $1,372,831Liabilities 2013: $4,824Net Assets 2013: $1,368,0072013Assets 2014: $1,308,350Liabilities 2014: $6,396Net Assets 2014: $1,301,9542014Assets 2015: $1,241,168Liabilities 2015: $9,313Net Assets 2015: $1,231,8552015Assets 2016: $1,567,124Liabilities 2016: $7,366Net Assets 2016: $1,559,7582016Assets 2017: $1,470,299Liabilities 2017: $5,977Net Assets 2017: $1,464,3222017Assets 2018: $1,339,171Liabilities 2018: $17,841Net Assets 2018: $1,321,3302018Assets 2019: $1,226,720Liabilities 2019: $8,578Net Assets 2019: $1,218,1422019Assets 2020: $1,141,673Liabilities 2020: $40,704Net Assets 2020: $1,100,9692020Assets 2021: $1,193,258Liabilities 2021: $43,983Net Assets 2021: $1,149,2752021Assets 2022: $1,260,781Liabilities 2022: $36,582Net Assets 2022: $1,224,1992022Assets 2023: $1,344,507Liabilities 2023: $19,401Net Assets 2023: $1,325,1062023Assets 2024: $2,166,999Liabilities 2024: $408,487Net Assets 2024: $1,758,5122024

Highlighted filing

2020

Assets$1,141,673
Liabilities$40,704
Net Assets$1,100,969

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $354,412Expenses 2011: $408,018Net Income 2011: -$53,6062011Revenue 2012: $373,298Expenses 2012: $399,947Net Income 2012: -$26,6492012Revenue 2013: $304,079Expenses 2013: $390,477Net Income 2013: -$86,3982013Revenue 2014: $343,012Expenses 2014: $409,065Net Income 2014: -$66,0532014Revenue 2015: $323,120Expenses 2015: $393,221Net Income 2015: -$70,1012015Revenue 2016: $692,076Expenses 2016: $364,457Net Income 2016: $327,6192016Revenue 2017: $285,063Expenses 2017: $380,500Net Income 2017: -$95,4372017Revenue 2018: $777,987Expenses 2018: $920,979Net Income 2018: -$142,9922018Revenue 2019: $295,613Expenses 2019: $398,801Net Income 2019: -$103,1882019Revenue 2020: $237,565Expenses 2020: $354,738Net Income 2020: -$117,1732020Revenue 2021: $391,403Expenses 2021: $343,097Net Income 2021: $48,3062021Revenue 2022: $463,550Expenses 2022: $398,554Net Income 2022: $64,9962022Revenue 2023: $517,438Expenses 2023: $416,261Net Income 2023: $101,1772023Revenue 2024: $1,030,803Expenses 2024: $590,624Net Income 2024: $440,1792024

Highlighted filing

2020

Revenue$237,565
Expenses$354,738
Net Income-$117,173
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jun 8, 2021
Return Version
2019v5.1
Gross Receipts
$269,944
Mission and Program Overview

Mission

Preservation of maritime history through exhibits and educational programs.

Prservation of Maritime history through exhibits and educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$723,762$695,024▼ $28,738
Cash and Non-Interest-Bearing Accounts$332,244$263,277▼ $68,967
Inventories for Sale or Use$13,738$28,554▲ $14,816
Total Assets$1,226,720$1,141,673▼ $85,047
Other Assets Total$156,976$154,818▼ $2,158
Liabilities
Mortgage Notes Payable Secured by Investment Property-$32,444-
Accounts Payable and Accrued Expenses$8,578$8,260▼ $318
Total Liabilities$8,578$40,704▲ $32,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,161,310$1,035,969▼ $125,341
Net Assets With Donor Restrictions$56,832$65,000▲ $8,168
Total Net Assets Fund Balance$1,218,142$1,100,969▼ $117,173
Total Liabilities and Net Assets / Fund Balance$1,226,720$1,141,673▼ $85,047

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$695,024$1,266,346-
Equipment$0$13,483-
Other Assets Org$87,900--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathy Robert-DouglassCEOFT$49,000$49,000

Board Members and Trustees

NameTitle
Joanne TaylorPresident
Capt Fred WilkersonVice President
Cody RevelDirector
Karl HattmanDirector
Melba YorkDirector
Michell McmahonDirector
Rose WilliamsDirector
Tom YorkDirector
Jean PearceSecretary
Sally ReynoldsSecretary
Matt BrewingtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$177,658
Program Service Revenue
$38,492
Investment Income
$2,617
Other Revenue
$18,798
All Other Contributions
$50,636
Change in Net Assets
$-117,173
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$208,142
Salaries, Compensation, and Employee Benefits$146,596
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$38,239$38,240$0$76,479
Occupancy$49,002$26,001$0$75,003
All Other Expenses$42,055$13,317$0$55,372
Current Officers, Directors, Trustees, and Key Employees$24,500$24,500$0$49,000
Depreciation Depletion$0$42,875$0$42,875
Advertising$18,294$0$0$18,294
Payroll Taxes$5,014$5,014$0$10,028
Office Expenses$0$9,742$0$9,742
Other Employee Benefits$4,098$4,098$0$8,196
Pension Plan Contributions$1,447$1,446$0$2,893
Other Expenses$467$468$0$935
Total Functional Expenses$185,420$169,318$0$354,738
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,505
Fundraising Direct Expenses$25,319
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bell Ball$37,050$35,200$70$35,130
Wine Festival----
Total Events$37,050$35,200$16,618$18,582
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Texas Maritime Museum Association
EIN
74-2097680
Phone
3617905544
Address
1202 NAVIGATION CIRCLE, ROCKPORT, TX 78382

Signing Officer

Name
James G Cate
Title
Treasurer
Phone
3617905544
Signed
2021-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Garry Cate
Formed
1980
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
9
Volunteers
200

Preparer

Firm
Garry Cate CPA
Address
105 N Magnolia St, Rockport, TX 78382
Preparer
James Garry Cate CPA
Phone
3617905544
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The officers review the return before submitting

Pt VI, Line 8B

Each committe submitts findings to the directors for approval

Pt VI, Line 12C

The directors monitor the compliance annually

Pt VI, Line 15B

The directors approve all salaries of key employees

Pt XI

LINE 5 UNREALIZED GAIN

Pt VI, Line 15A

The directors approve all salaries of key employees

Form 990, Part IX, Line 24E

Contract services 26635. 13318. 13317. 0.

Form 990, Part IX, Line 24E

Education programs 11015. 11015. 0. 0.

Form 990, Part IX, Line 24E

Collection management 17722. 17722. 0. 0.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ProgramServicesAmt02304
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt3467
IRS990/OtherExpensesGrp/TotalAmt02304
IRS990/OtherExpensesGrp/TotalAmt13592
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/OtherExpensesGrp/TotalAmt3935
IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05014
IRS990/PayrollTaxesGrp/ProgramServicesAmt05014
IRS990/PayrollTaxesGrp/TotalAmt010028
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01446
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01447
IRS990/PensionPlanContributionsGrp/TotalAmt02893
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0James Garry Cate
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Admission Income
IRS990/ProgramServiceRevenueGrp/Desc1Educational Events
IRS990/ProgramServiceRevenueGrp/Desc2Miscellaneous
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt032912
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24263
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0The Museum mails a quarterly newletter "THE LOGLINE" to its members. Monthly, the museum hosts a "BROWN BAG LUNCHEON" featuring a speaker who is associated with the maritime industry. These luncheons are open to the public and are one of the many ways in which the Museum continues to educate the public about maritime history.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09621
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0214961
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03302
IRS990/PYOtherExpensesAmt0229984
IRS990/PYOtherRevenueAmt038970
IRS990/PYProgramServiceRevenueAmt038380
IRS990/PYRevenuesLessExpensesAmt0-103188
IRS990/PYSalariesCompEmpBnftPaidAmt0168817
IRS990/PYTotalExpensesAmt0398801
IRS990/PYTotalRevenueAmt0295613
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-117173
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt045802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0214961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0156795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0179322
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0142936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0781537
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03302
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09437
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99360
IRS990ScheduleA/PublicSupportCY509Pct00
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IRS990ScheduleA/PublicSupportTotal170Amt01475551
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0142936
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0781537
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01475551
IRS990ScheduleA/TotalSupportAmt01484988
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0695024
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01266346
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01961370
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013483
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt013483
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt066918
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt187900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Land Lease
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Exhibits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0695024
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0154818
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01850
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01850
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016618
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BELL BALL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WINE FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt037050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035200
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018582
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt070
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt070
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt016548
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016548

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.41$1.76$1.03$0.59$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.02$1.33$0.52$0.42$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.04$1.22$0.46$0.40$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.04$1.15$0.39$0.34$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.10$0.24$0.35$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.01$1.22$0.30$0.40$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.02$1.32$0.78$0.92$0.14
2017Summary only. Only limited summary data is available for this year.$1.47$0.01$1.46$0.29$0.38$0.10
2016Summary only. Only limited summary data is available for this year.$1.57$0.01$1.56$0.69$0.36$0.33
2015Summary only. Only limited summary data is available for this year.$1.24$0.01$1.23$0.32$0.39$0.07
2014Summary only. Only limited summary data is available for this year.$1.31$0.01$1.30$0.34$0.41$0.07
2013Summary only. Only limited summary data is available for this year.$1.37$0.00$1.37$0.30$0.39$0.09
2012Summary only. Only limited summary data is available for this year.$1.46$0.01$1.45$0.37$0.40$0.03
2011Summary only. Only limited summary data is available for this year.$1.48$0.01$1.47$0.35$0.41$0.05