Civic Intelligence

Armstrong County Museum

990 • Fiscal year 2022 • EIN 75-2341811

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

PO Box 450Claude, TX 79019

(806) 226-2187

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

68th percentile

13%

Faster asset growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

90th percentile

113%

Faster revenue growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$588,465

Up $68,683 (+13%) from 2021

Net Assets

Up

$588,465

Up $78,859 (+15%) from 2021

Liabilities

Down

$0

Down $10,176 (-100%) from 2021

Revenue

Up

$206,759

Up $109,894 (+113%) from 2021

Expenses

Down

$91,270

Down $50,282 (-36%) from 2021

Net Income

Up

$115,489

Up $160,176 (+358%) from 2021

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$0-$1.0MAssets 2011: $2,308,496Liabilities 2011: $507Net Assets 2011: $2,307,9892011Assets 2012: $2,499,212Liabilities 2012: $489Net Assets 2012: $2,498,7232012Assets 2013: $2,736,633Liabilities 2013: $1,361Net Assets 2013: $2,735,2722013Assets 2014: $2,654,548Liabilities 2014: -$407Net Assets 2014: $2,654,9552014Assets 2015: $2,711,176Liabilities 2015: $1,749Net Assets 2015: $2,709,4272015Assets 2016: $2,690,784Liabilities 2016: $2,405Net Assets 2016: $2,688,3792016Assets 2017: $2,692,338Liabilities 2017: $3,196Net Assets 2017: $2,689,1422017Assets 2018: $2,708,624Liabilities 2018: $939Net Assets 2018: $2,707,6852018Assets 2019: $2,683,753Liabilities 2019: $632Net Assets 2019: $2,683,1212019Assets 2020: $511,100Liabilities 2020: $8,336Net Assets 2020: $502,7642020Assets 2021: $519,782Liabilities 2021: $10,176Net Assets 2021: $509,6062021Assets 2022: $588,465Liabilities 2022: $0Net Assets 2022: $588,4652022Assets 2023: $608,537Liabilities 2023: $144Net Assets 2023: $608,3932023Assets 2024: $624,086Liabilities 2024: $0Net Assets 2024: $624,0862024Assets 2025: $929,935Liabilities 2025: $0Net Assets 2025: $929,9352025

Highlighted filing

2022

Assets$588,465
Liabilities$0
Net Assets$588,465

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $573,156Expenses 2011: $97,799Net Income 2011: $475,3572011Revenue 2012: $302,109Expenses 2012: $111,375Net Income 2012: $190,7342012Revenue 2013: $454,495Expenses 2013: $217,946Net Income 2013: $236,5492013Revenue 2014: $236,697Expenses 2014: $317,014Net Income 2014: -$80,3172014Revenue 2015: $347,818Expenses 2015: $293,346Net Income 2015: $54,4722015Revenue 2016: $246,946Expenses 2016: $321,053Net Income 2016: -$74,1072016Revenue 2017: $321,545Expenses 2017: $320,781Net Income 2017: $7642017Revenue 2018: $394,704Expenses 2018: $376,476Net Income 2018: $18,2282018Revenue 2019: $251,414Expenses 2019: $276,004Net Income 2019: -$24,5902019Revenue 2020: $175,028Expenses 2020: $2,355,152Net Income 2020: -$2,180,1242020Revenue 2021: $96,865Expenses 2021: $141,552Net Income 2021: -$44,6872021Revenue 2022: $206,759Expenses 2022: $91,270Net Income 2022: $115,4892022Revenue 2023: $112,558Expenses 2023: $108,024Net Income 2023: $4,5342023Revenue 2024: $94,378Expenses 2024: $110,176Net Income 2024: -$15,7982024Revenue 2025: $382,942Expenses 2025: $104,214Net Income 2025: $278,7282025

Highlighted filing

2022

Revenue$206,759
Expenses$91,270
Net Income$115,489
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.0
Gross Receipts
$290,684
Mission and Program Overview

Mission

The organization is dedicated to the preservation and the promotion of the cultural heritage of the panhandle of texas.

To capture the rich heritage of armstrong county and celebrate it through cultural and educational experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$312,826--
Investments in Publicly Traded Securities-$232,992-
Land, Buildings, and Equipment, Net$171,397$185,365▲ $13,968
Cash and Non-Interest-Bearing Accounts$5,717$138,135▲ $132,418
Inventories for Sale or Use$27,628$27,259▼ $369
Accounts Receivable$2,214$4,714▲ $2,500
Total Assets$519,782$588,465▲ $68,683
Liabilities
Accounts Payable and Accrued Expenses$10,173--
Other Liabilities$3--
Total Liabilities$10,176$0▼ $10,176
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$509,606$588,465▲ $78,859
Total Net Assets Fund Balance$509,606$588,465▲ $78,859
Total Liabilities and Net Assets / Fund Balance$519,782$588,465▲ $68,683

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$124,047$235,835$359,882
Equipment-$64,024$64,024
Leasehold Improvements$28,805$15,756$44,561
Other Land Buildings$26,657$15,174$41,831
Land$5,856-$5,856

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$801,732-▼ $4,482$4,704$792,491
2020$760,556-▲ $48,078$6,172$801,732
2019$761,270-▲ $6,113$6,327$760,556
2018$760,967-▲ $7,491$6,816$761,270
2017$745,084-▲ $17,971$7,439$760,967
Compensation and Service Providers

Board Members and Trustees

NameTitle
David MagarBoard Chair
Alexis CarrollBoard Member
Don ShermanBoard Member
Glen SpillerBoard Member
Jennifer BurnettBoard Member
Jennifer KingBoard Member
Jodie StockettBoard Member
Karen SchraderBoard Member
Kym KlarichBoard Member
Lauren MorrisonBoard Member
Peggy MeatheniaBoard Member
Tim BagwellBoard Member
Vicki HamblenBoard Member
Walter RiggsBoard Member
Mila Baldwin1st Vice CHA
Sidney Mills2nd Vice CHA
Martha MathewsSecretary
Shay ChristianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$139,950
Program Service Revenue
$9,244
Investment Income
$17,207
Other Revenue
$40,358
All Other Contributions
$128,640
Change in Net Assets
$115,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,574
Salaries, Compensation, and Employee Benefits$29,696
Total Fundraising Expense$19,077
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,074$2,264$7,232$28,570
Occupancy$11,985$1,365$4,363$17,713
Advertising$12,045--$12,045
Depreciation Depletion$7,039$928$2,969$10,936
Insurance$4,560$603$1,926$7,089
Fees for Services Other$6,539--$6,539
Fees for Services Accounting-$3,182-$3,182
Fees for Services Legal-$1,615-$1,615
Other Expenses$1,357$1,732$1,718$1,357
Payroll Taxes$29$262$835$1,126
Office Expenses$181$11$34$226
Royalties$140--$140
All Other Expenses$-7,538$753-$-6,785
Total Functional Expenses$59,478$12,715$19,077$91,270
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$73,723
Fundraising Direct Expenses$58,882
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Goodnight Under$76,423$70,873$27,573$43,300
Total Events$76,423$70,873$55,533$15,340
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
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 6

The organization is made up of members from which dues are required.

Form 990, Page 6, Part VI, Line 7A

Membership votes for new directors.

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is provided to the directors for approval during a board meeting.

Form 990, Page 6, Part VI, Line 12C

The board consistently reviews its directors to ensure compliance with the bylaws and the conflict of interest policy contained therein.

Form 990, Page 6, Part VI, Line 19

The governing documents and conflict of interest policy are availalbe to the public upon request.

Filing and Contact Details

Filer

Filer Name
Armstrong County Museum
EIN
75-2341811
Phone
8062262187
Address
PO BOX 450, CLAUDE, TX 79019

Signing Officer

Name
Shay Christian
Title
Treasurer
Phone
8062262187
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shay Christian
Formed
1990
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
3

Preparer

Firm
Victor B Glenn CPA
Address
2700 S WESTERN ST STE 600, AMARILLO, TX 79109-1545
Preparer
Victor B Glenn
Phone
8063588997
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference -11

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

The organization does not prepare financial statements with footnote disclosures.

Schedule D, Page 2, Part III, Line 4

The organization holds museum exhibits and artifacts for viewing by the public to promote the cultural heritage of the community.

Schedule D, Page 2, Part V, Line 4

To provide for the continued operations of the museum.

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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04891
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IRS990/OfficeExpensesGrp/FundraisingAmt034
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011
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IRS990/OtherExpensesGrp/Desc2SUPPLIES - FUNDRAISING
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IRS990/OtherExpensesGrp/TotalAmt04067
IRS990/OtherExpensesGrp/TotalAmt11732
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IRS990/OtherExpensesGrp/TotalAmt31357
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt187
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IRS990/PayrollTaxesGrp/FundraisingAmt0835
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0262
IRS990/PayrollTaxesGrp/ProgramServicesAmt029
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IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02607
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IRS990/PYContributionsGrantsAmt069936
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IRS990/PYTotalRevenueAmt096865
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IRS990/RentalIncomeOrLossGrp/RealAmt04891
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RoyaltiesGrp/ProgramServicesAmt0140
IRS990/RoyaltiesGrp/TotalAmt0140
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0312826
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0122526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0280409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0296300
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt01227
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62610
IRS990ScheduleA/PublicSupportTotal170Amt0609104
IRS990ScheduleA/SubstantialContributorsTotAmt0297223
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0139950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0122526
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0906327
IRS990ScheduleA/TotalSupportAmt0972792
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0124047
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0235835
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0359882
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt055
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0792491
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4482
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt04704
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0730

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.38$0.10$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.09$0.11$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.11$0.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.21$0.09$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$0.10$0.14$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.18$2.36$2.18
2019Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$0.25$0.28$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$0.39$0.38$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.32$0.32$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.25$0.32$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$0.35$0.29$0.05
2014Summary only. Only limited summary data is available for this year.$2.65$0.00$2.65$0.24$0.32$0.08
2013Summary only. Only limited summary data is available for this year.$2.74$0.00$2.74$0.45$0.22$0.24
2012Summary only. Only limited summary data is available for this year.$2.50$0.00$2.50$0.30$0.11$0.19
2011Summary only. Only limited summary data is available for this year.$2.31$0.00$2.31$0.57$0.10$0.48