Civic Intelligence

Lea County Museum Inc

EIN 74-2852254 • 501(c)3 • Lovington, NM

Profile

To collect, preserve, educate, & display regional art, artifacts, and buildings. Significant activities art displays, concert series, and book publishing.

103 South Love StreetLovington, NM 88260

www.leacountymuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

36th percentile

-1.6%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

16%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$675,539

Down $10,698 (-1.6%) from 2023

Liabilities

Down

$0

Down $899 (-100%) from 2023

Net Assets

Down

$675,539

Down $9,799 (-1.4%) from 2023

Revenue

Up

$61,724

Up $8,641 (+16%) from 2023

Expenses

Down

$71,523

Down $1,022 (-1.4%) from 2023

Net Income

Up

-$9,799

Up $9,663 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $288,752Liabilities 2010: $0Net Assets 2010: $288,7522010Assets 2011: $323,527Liabilities 2011: $0Net Assets 2011: $323,5272011Assets 2012: $1,397,764Liabilities 2012: $0Net Assets 2012: $1,397,7642012Assets 2013: $652,409Liabilities 2013: $2,201Net Assets 2013: $650,2082013Assets 2014: $666,747Liabilities 2014: $2,266Net Assets 2014: $664,4812014Assets 2015: $670,025Liabilities 2015: $1,646Net Assets 2015: $668,3792015Assets 2016: $711,273Liabilities 2016: $1,627Net Assets 2016: $709,6462016Assets 2017: $741,551Liabilities 2017: $1,765Net Assets 2017: $739,7862017Assets 2018: $745,630Liabilities 2018: $7,601Net Assets 2018: $738,0292018Assets 2019: $739,213Liabilities 2019: $7,589Net Assets 2019: $731,6242019Assets 2020: $642,229Liabilities 2020: $0Net Assets 2020: $642,2292020Assets 2021: $661,190Liabilities 2021: $5,851Net Assets 2021: $655,3392021Assets 2022: $708,114Liabilities 2022: $3,314Net Assets 2022: $704,8002022Assets 2023: $686,237Liabilities 2023: $899Net Assets 2023: $685,3382023Assets 2024: $675,539Liabilities 2024: $0Net Assets 2024: $675,5392024

Highlighted filing

2024

Assets$675,539
Liabilities$0
Net Assets$675,539

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $425,066Expenses 2010: $269,549Net Income 2010: $155,5172010Revenue 2011: $170,944Expenses 2011: $136,169Net Income 2011: $34,7752011Revenue 2012: $206,083Expenses 2012: $89,800Net Income 2012: $116,2832012Revenue 2013: $312,401Expenses 2013: $291,796Net Income 2013: $20,6052013Revenue 2014: $170,685Expenses 2014: $156,412Net Income 2014: $14,2732014Revenue 2015: $141,789Expenses 2015: $137,891Net Income 2015: $3,8982015Revenue 2016: $145,019Expenses 2016: $103,752Net Income 2016: $41,2672016Revenue 2017: $126,243Expenses 2017: $96,103Net Income 2017: $30,1402017Revenue 2018: $109,166Expenses 2018: $110,923Net Income 2018: -$1,7572018Revenue 2019: $120,627Expenses 2019: $127,032Net Income 2019: -$6,4052019Revenue 2020: $100,126Expenses 2020: $87,689Net Income 2020: $12,4372020Revenue 2021: $154,493Expenses 2021: $141,383Net Income 2021: $13,1102021Revenue 2022: $118,977Expenses 2022: $69,516Net Income 2022: $49,4612022Revenue 2023: $53,083Expenses 2023: $72,545Net Income 2023: -$19,4622023Revenue 2024: $61,724Expenses 2024: $71,523Net Income 2024: -$9,7992024

Highlighted filing

2024

Revenue$61,724
Expenses$71,523
Net Income-$9,799

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.06$0.07$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.05$0.07$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.70$0.12$0.07$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.66$0.01$0.66$0.15$0.14$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.10$0.09$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.01$0.73$0.12$0.13$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.74$0.11$0.11$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.13$0.10$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.15$0.10$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.14$0.14$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.66$0.17$0.16$0.01
2013Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.31$0.29$0.02
2012Summary only. Only limited summary data is available for this year.$1.40$0.00$1.40$0.21$0.09$0.12
2011Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$0.17$0.14$0.03
2010Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.43$0.27$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 5, 2025
Return Version
2024v5.2
Gross Receipts
$62,209
Mission and Program Overview

Mission

To collect, preserve, & display regional art, artifacts, and buildings. Significant activities are displays, concert series, and book publishing.

To collect, preserve, educate, and display regional art, artifacts, and buildings. Significant activities are displays, concert series, and book publishing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$581,281$581,281→ $0
Savings and Temporary Cash Investments$65,683$65,683→ $0
Cash and Non-Interest-Bearing Accounts$39,273$28,575▼ $10,698
Total Assets$686,237$675,539▼ $10,698
Liabilities
Accounts Payable and Accrued Expenses$551$0▼ $551
Other Liabilities$348$0▼ $348
Total Liabilities$899$0▼ $899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$685,338$675,539▼ $9,799
Total Net Assets Fund Balance$685,338$675,539▼ $9,799
Total Liabilities and Net Assets / Fund Balance$686,237$675,539▼ $10,698

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$404,125-$404,125
Buildings$106,617-$106,617
Leasehold Improvements$37,803-$37,803
Land$20,000-$20,000
Equipment$12,736-$12,736
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosa DoportoDirectorFT$40,000$40,000

Board Members and Trustees

NameTitle
Chad WatkinsPresident
Frieda OwensVice President
Anne BehlDirector
Bennie BengeDirector
David E FingerDirector
Elaine VigilDirector
Eydie ClementDirector
Leslie BoldtSecretary
Judy LambertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,220
Program Service Revenue
$0
Investment Income
$2,370
Other Revenue
$1,134
All Other Contributions
$27,583
Change in Net Assets
$-9,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,176
Other Expenses$28,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,000$20,000-$40,000
Advertising$3,206$1,069-$4,275
Payroll Taxes$1,588$1,588-$3,176
Fees for Services Accounting-$3,167-$3,167
Other Expenses$2,683--$2,683
All Other Expenses-$1,079-$1,079
Insurance$447$448-$895
Total Functional Expenses$44,172$27,351$0$71,523
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to the board prior to filing with the irs.

Form 990, Part VI, Section B, Line 15A

The board of directors determines the salary based on comparable salaries and performance.

Form 990, Part VI, Section C, Line 18

Form 1023 and form 990 are available to the public upon request.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lea County Museum Inc
EIN
74-2852254
Phone
5753964805
Address
103 SOUTH LOVE STREET, LOVINGTON, NM 88260

Signing Officer

Name
Judy Lambert
Title
Treasurer
Phone
5753964805
Signed
2025-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Lambert
Formed
1969
Legal Domicile
Nm
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
8

Preparer

Firm
Whitley Penn Llp
Address
225 E BENDER BLVD, HOBBS, NM 88240
Preparer
Tabatha Coffey
Phone
5753932171
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

The organization collects, preserves, and displays regional art and artifacts.

Raw XML AppendixShowing 400 of 411 raw XML fields

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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION COLLECTS, PRESERVES, AND DISPLAYS REGIONAL ART AND ARTIFACTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS DETERMINES THE SALARY BASED ON COMPARABLE SALARIES AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 1023 AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEA COUNTY MUSEUM INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITLEY PENN LLP

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