Civic Intelligence

Old Red Courthouse Inc.

990 • Fiscal year 2019 • EIN 75-2726211

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 14, 2020

100 Houston StretDallas, TX 75202

(214) 745-1100

Siviq Scores

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

Liabilities / Assets

98th percentile

1.89x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

5.57x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

4th percentile

-70%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

6th percentile

-22%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

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

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,708,355Liabilities 2010: $2,989,795Net Assets 2010: $1,718,5602010Assets 2011: $4,081,250Liabilities 2011: $2,949,704Net Assets 2011: $1,131,5462011Assets 2012: $3,690,289Liabilities 2012: $2,862,882Net Assets 2012: $827,4072012Assets 2013: $3,356,322Liabilities 2013: $2,810,141Net Assets 2013: $546,1812013Assets 2014: $3,201,285Liabilities 2014: $2,779,052Net Assets 2014: $422,2332014Assets 2015: $2,810,849Liabilities 2015: $2,723,863Net Assets 2015: $86,9862015Assets 2016: $2,446,649Liabilities 2016: $2,720,987Net Assets 2016: -$274,3382016Assets 2017: $2,085,265Liabilities 2017: $2,639,143Net Assets 2017: -$553,8782017Assets 2018: $1,720,511Liabilities 2018: $2,560,477Net Assets 2018: -$839,9662018Assets 2019: $1,336,552Liabilities 2019: $2,525,370Net Assets 2019: -$1,188,8182019Assets 2020: $975,815Liabilities 2020: $693,919Net Assets 2020: $281,8962020Assets 2021: $591,110Liabilities 2021: $258,810Net Assets 2021: $332,3002021Assets 2022: $137,623Liabilities 2022: $268,5452022Assets 2023: $118,236Liabilities 2023: $2,289Net Assets 2023: $115,9472023Assets 2024: $191,355Liabilities 2024: $76,132Net Assets 2024: $115,2232024

Highlighted filing

2019

Assets$1,336,552
Liabilities$2,525,370
Net Assets-$1,188,818

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,538,0252010Expenses 2011: $1,459,5872011Expenses 2012: $1,100,9252012Expenses 2013: $1,042,6112013Revenue 2014: $907,507Expenses 2014: $1,031,455Net Income 2014: -$123,9482014Revenue 2015: $653,166Expenses 2015: $988,413Net Income 2015: -$335,2472015Revenue 2016: $578,582Expenses 2016: $939,906Net Income 2016: -$361,3242016Revenue 2017: $607,689Expenses 2017: $892,019Net Income 2017: -$284,3302017Revenue 2018: $545,585Expenses 2018: $834,082Net Income 2018: -$288,4972018Revenue 2019: $453,334Expenses 2019: $769,082Net Income 2019: -$315,7482019Revenue 2020: $2,530,830Expenses 2020: $670,884Net Income 2020: $1,859,9462020Revenue 2021: $510,125Expenses 2021: $461,161Net Income 2021: $48,9642021Revenue 2022: -$165,506Expenses 2022: $297,716Net Income 2022: -$463,2222022Revenue 2023: $286,756Expenses 2023: $39,890Net Income 2023: $246,8662023Revenue 2024: $283,360Expenses 2024: $284,086Net Income 2024: -$7262024

Highlighted filing

2019

Revenue$453,334
Expenses$769,082
Net Income-$315,748
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 14, 2020
Return Version
2018v3.1
Gross Receipts
$497,446
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,141,541$5,691,046$6,832,587

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
David BieglerDirector
Don BaynhamDirector
Lindalyn AdamsDirector
Lisa HembryDirector
Pierce AllmanDirector
Terrell FalkDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$90,189
Program Service Revenue
$284,653
Investment Income
$2,835
Other Revenue
$75,657
All Other Contributions
$89,189
Change in Net Assets
$-315,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,622
Fundraising Gross Income$25,111
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$25,111$25,111$32,622$-7,511
Total Events$25,111$25,111$32,622$-7,511
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
No
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
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 governing body review Part VI line 11

Part vi, line 11b - organizations process to review form 990.form 990 is emailed to all board members before the return is filed.

CEO executive director top management comp Part VI line 15A

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.

Governing documents etc available to public Part VI line 19

Part vi, line 19 - governing documents disclosue explationthe ogrganizations governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Old Red Courthouse Inc
EIN
75-2726211
Address
100 HOUSTON STRET, Dallas, TX 75202

Signing Officer

Name
Evelyn Montgomery
Title
Directorcurator
Phone
2147571926
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
16

Preparer

Firm
Fisseha Abo CPA PLLC
Address
3804 Hickory Bend Trl, McKinney, TX 75071
Preparer
Fisseha Abo CPA PLLC
Phone
8173507626
Supplemental Narrative

Additional Explanations

Audited by an independent accountant Part XII line 2B

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 response or note to any other line in Part III

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

General explanation attachment

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.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART VI, LINE 11B - ORGANIZATIONS PROCESS TO REVIEW FORM 990.FORM 990 IS EMAILED TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSUE EXPLATIONTHE OGRGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS 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/ExplanationTxt4PART 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/ExplanationTxt5FORM 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/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Audited by an independent accountant Part XII line 2b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EVELYN MONTGOMERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTORCURATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02147571926
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD RED COURTHOUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0OLDR

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.08$0.12$0.28$0.28$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.29$0.04$0.25
2022Summary only. Only limited summary data is available for this year.$0.14$0.27$0.17$0.30$0.46
2021Summary only. Only limited summary data is available for this year.$0.59$0.26$0.33$0.51$0.46$0.05
2020Summary only. Only limited summary data is available for this year.$0.98$0.69$0.28$2.53$0.67$1.86
2019Detailed filing. Detailed filing data is available for this year.$1.34$2.53$1.19$0.45$0.77$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.72$2.56$0.84$0.55$0.83$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.09$2.64$0.55$0.61$0.89$0.28
2016Detailed filing. Detailed filing data is available for this year.$2.45$2.72$0.27$0.58$0.94$0.36
2015Detailed filing. Detailed filing data is available for this year.$2.81$2.72$0.09$0.65$0.99$0.34
2014Detailed filing. Detailed filing data is available for this year.$3.20$2.78$0.42$0.91$1.03$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$2.81$0.55$1.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$2.86$0.83$1.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$2.95$1.13$1.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$2.99$1.72$1.54