Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Assets
Down$1,336,552
Down $383,959 (-22%) from 2018
Net Assets
Down-$1,188,818
Down $348,852 (-42%) from 2018
Liabilities
Down$2,525,370
Down $35,107 (-1.4%) from 2018
Revenue
Down$453,334
Down $92,251 (-17%) from 2018
Expenses
Down$769,082
Down $65,000 (-7.8%) from 2018
Net Income
Down-$315,748
Down $27,251 (-9.4%) from 2018
The mission of the old red museum is to inspire and educate people of any age with the rich cultural, economic, political, and social history of the dallas county area. The museum showcases the various cultures that have created the international city that dallas is today.
SEE SCHEDULE O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,497,705 | $1,141,541 | ▼ $356,164 |
| Savings and Temporary Cash Investments | $139,129 | $141,637 | ▲ $2,508 |
| Cash and Non-Interest-Bearing Accounts | $58,516 | $37,887 | ▼ $20,629 |
| Inventories for Sale or Use | $16,869 | $10,854 | ▼ $6,015 |
| Prepaid Expenses and Deferred Charges | $8,292 | $4,633 | ▼ $3,659 |
| Total Assets | $1,720,511 | $1,336,552 | ▼ $383,959 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,394,800 | $2,367,300 | ▼ $27,500 |
| Accounts Payable and Accrued Expenses | $124,182 | $124,133 | ▼ $49 |
| Deferred Revenue | $41,495 | $33,937 | ▼ $7,558 |
| Total Liabilities | $2,560,477 | $2,525,370 | ▼ $35,107 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $532,796 | $536,392 | ▲ $3,596 |
| Unrestricted Net Assets | $-1,372,762 | $-1,725,210 | ▼ $352,448 |
| Total Net Assets Fund Balance | $-839,966 | $-1,188,818 | ▼ $348,852 |
| Total Liabilities and Net Assets / Fund Balance | $1,720,511 | $1,336,552 | ▼ $383,959 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,141,541 | $5,691,046 | $6,832,587 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2018 | $532,796 | - | - | - | $532,796 |
| 2017 | $531,025 | - | - | - | $531,025 |
| 2016 | $530,649 | - | - | - | $530,649 |
| 2015 | $530,484 | - | - | - | $530,484 |
| 2014 | $530,311 | - | - | - | $530,311 |
| Name | Title |
|---|---|
| David Biegler | Director |
| Don Baynham | Director |
| Lindalyn Adams | Director |
| Lisa Hembry | Director |
| Pierce Allman | Director |
| Terrell Falk | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $495,784 |
| Salaries, Compensation, and Employee Benefits | $273,298 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $220,727 | $135,437 | - | $356,164 |
| Other Salaries and Wages | $101,607 | $41,053 | - | $142,660 |
| Current Officers, Directors, Trustees, and Key Employees | $60,764 | $22,436 | - | $83,200 |
| Office Expenses | $27,961 | $7,459 | - | $35,420 |
| Other Employee Benefits | $21,162 | $3,602 | - | $24,764 |
| Payroll Taxes | $13,495 | $5,537 | - | $19,032 |
| Interest | $7,920 | $6,273 | - | $14,193 |
| Insurance | $7,396 | $4,262 | - | $11,658 |
| Other Expenses | $5,601 | $4,585 | - | $10,186 |
| Fees for Services Accounting | $1,745 | $2,868 | - | $4,613 |
| Pension Plan Contributions | $2,773 | $869 | - | $3,642 |
| Fees for Services Other | $937 | $1,650 | - | $2,587 |
| Travel | $716 | - | - | $716 |
| Total Functional Expenses | $522,927 | $246,155 | $0 | $769,082 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $32,622 |
| Fundraising Gross Income | $25,111 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $25,111 | $25,111 | $32,622 | $-7,511 |
| Total Events | $25,111 | $25,111 | $32,622 | $-7,511 |
“Part vi, line 11b - organizations process to review form 990.form 990 is emailed to all board members before the return is filed.”
“The board reviews financial statements and refers the compensation paid to similar positions of similar organizations. The board evaluates this information to determine appropriate compensation.”
“Part vi, line 19 - governing documents disclosue explationthe ogrganizations governing documents, policies and financial statements are made available upon request.”
“This form 990 is prepared based on unaudited financials due to covid-19 pandemic and managements decision to hire a different independent auditor to perform an audit. Maagement is in the process of hiring a new firm and the financials will be audited as soon as a new contract is signed.”
“Part iii, line 4a - first accomplishment interactive galleries that tell the incredible story of the city of dallas and dallas county,from its native history and first settlers to present day. Old red preserves and maintains thousands of irreplaceable artifcts, photographs and documents. The museum is frequently host to acadamic scholars seeking an insightful interaction with local history.social study and history teachers in more than 50 area independent school districts rely on old red as the research and teaching facility to help them bring that past to life for more thank 15,000 school students annually. The museum also serves another 18,000 museum visitors. The museum offers 11 history labs focusing on architecture, artifacts, dallas-area inventions, transportation and the justi”
“Form 990 - organizations mission the mission of the old red museum is to inspire and educate people of any age with reach cultural, economic, political, and social history of the dallas county area. The museum showcases the various cultures that have created the international city that dallas is today.”
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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|---|---|---|
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 356164 |
| IRS990/Desc | 0 | THE MISSION OF THE OLD RED MUSEUM IS TO INSPIRE AND EDUCATE PEOPLE OF ANY AGE WITH THE RICH CULTURAL, ECONOMIC, POLITICAL AND SOCIAL HISTORY OF THE DALLAS COUNTY AREA. THE MUSEUM SHOWCASES THE VARIOUS CULTURES THAT HAVE CREATED THE INTERNATIONAL CITY THAT DALLAS IS TODAY.THE PURPOSE AND GOALS OF THE OLD RED MUSEUM ARE TO PROVIDE A UNIQUE LEARNING ENVIRONMENT THROUGH HANDS-ON, ENGAGING EXHIBITS, HISTORY LABS AND EDUCATIONAL PROGRAMS. THE MUSEUM IS A LABORATORY FOR THE PURPOSE OF ADVANCING THE CONCEPT OF LIFE-LONG LEARNING FOR PEOPLE. THE EDUCATION PROGRAMS SATISFY THE REQUIREMENTS OF THE STAARS CURRICULA. OLD REDPROVIDES AN ENCYCLOPEDIC HISTORY OF THE REGION WITH FOUR STATE-OF-THE-ART TECHNOLOGY. |
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| IRS990/OtherExpensesGrp/Desc | 2 | MEALS AND ENTERTAINMENT |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | HALL RENTAL |
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| IRS990/ProgramServiceRevenueGrp/Desc | 2 | EDUCATIONAL PROGRAM |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | -288497 |
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| IRS990/PYTotalRevenueAmt | 0 | 545585 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PART VI, LINE 11B - ORGANIZATIONS PROCESS TO REVIEW FORM 990.FORM 990 IS EMAILED TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD REVIEWS FINANCIAL STATEMENTS AND REFERS THE COMPENSATION PAID TO SIMILAR POSITIONS OF SIMILAR ORGANIZATIONS. THE BOARD EVALUATES THIS INFORMATION TO DETERMINE APPROPRIATE COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSUE EXPLATIONTHE OGRGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THIS FORM 990 IS PREPARED BASED ON UNAUDITED FINANCIALS DUE TO COVID-19 PANDEMIC AND MANAGEMENTS DECISION TO HIRE A DIFFERENT INDEPENDENT AUDITOR TO PERFORM AN AUDIT. MAAGEMENT IS IN THE PROCESS OF HIRING A NEW FIRM AND THE FINANCIALS WILL BE AUDITED AS SOON AS A NEW CONTRACT IS SIGNED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PART III, LINE 4A - FIRST ACCOMPLISHMENT INTERACTIVE GALLERIES THAT TELL THE INCREDIBLE STORY OF THE CITY OF DALLAS AND DALLAS COUNTY,FROM ITS NATIVE HISTORY AND FIRST SETTLERS TO PRESENT DAY. OLD RED PRESERVES AND MAINTAINS THOUSANDS OF IRREPLACEABLE ARTIFCTS, PHOTOGRAPHS AND DOCUMENTS. THE MUSEUM IS FREQUENTLY HOST TO ACADAMIC SCHOLARS SEEKING AN INSIGHTFUL INTERACTION WITH LOCAL HISTORY.SOCIAL STUDY AND HISTORY TEACHERS IN MORE THAN 50 AREA INDEPENDENT SCHOOL DISTRICTS RELY ON OLD RED AS THE RESEARCH AND TEACHING FACILITY TO HELP THEM BRING THAT PAST TO LIFE FOR MORE THANK 15,000 SCHOOL STUDENTS ANNUALLY. THE MUSEUM ALSO SERVES ANOTHER 18,000 MUSEUM VISITORS. THE MUSEUM OFFERS 11 HISTORY LABS FOCUSING ON ARCHITECTURE, ARTIFACTS, DALLAS-AREA INVENTIONS, TRANSPORTATION AND THE JUSTI |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FORM 990 - ORGANIZATIONS MISSION THE MISSION OF THE OLD RED MUSEUM IS TO INSPIRE AND EDUCATE PEOPLE OF ANY AGE WITH REACH CULTURAL, ECONOMIC, POLITICAL, AND SOCIAL HISTORY OF THE DALLAS COUNTY AREA. THE MUSEUM SHOWCASES THE VARIOUS CULTURES THAT HAVE CREATED THE INTERNATIONAL CITY THAT DALLAS IS TODAY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Audited by an independent accountant Part XII line 2b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part III response or note to any other line in Part III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | General explanation attachment |
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| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | EVELYN MONTGOMERY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTORCURATOR |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-14 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.