TEXAS AND SOUTHWESTERN CATTLE RAISERS FOUNDATION: Form 990, tax year 2024
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- Organization
- TEXAS AND SOUTHWESTERN CATTLE RAISERS FOUNDATION (EIN 75-1762849)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-05
- IRS object ID
- 202543099349303414
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-05T14:53:58-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH ORANGE AVENUE SUITE 900 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 751762849 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS & SOUTHWESTERN CATTLE RAISERS' | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 8173328551 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 GENDY | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76107 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICIA W RILEY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 8173328551 | PhoneNum |
| Signature | 2025-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LACEY M QUATSOE | PreparerPersonNm |
| PTIN | P01300865 | PTIN |
| Phone | 4078021200 | PhoneNum |
| Preparation | 2025-11-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PATRICIA W RILEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 GENDY | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $921,383 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CATTLERAISERSMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | TO PRESERVE, PROMOTE & PROTECT RANCH LIFE & ADVANCE FUTURE OF LIVESTOCK INDUSTRY IN THE SOUTHWEST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $237,054 | PYContributionsGrantsAmt |
| CY Contributions Grants | $338,235 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $40,142 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $53,081 | CYProgramServiceRevenueAmt |
| PY Investment Income | $245,735 | PYInvestmentIncomeAmt |
| CY Investment Income | $414,012 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,851 | PYOtherRevenueAmt |
| CY Other Revenue | $1 | CYOtherRevenueAmt |
| PY Total Revenue | $528,782 | PYTotalRevenueAmt |
| CY Total Revenue | $805,329 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $72,104 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $77,965 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $283,076 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $292,851 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $27,620 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $246,599 | PYOtherExpensesAmt |
| CY Other Expenses | $317,828 | CYOtherExpensesAmt |
| PY Total Expenses | $601,779 | PYTotalExpensesAmt |
| CY Total Expenses | $688,644 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$72,997 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $116,685 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,733,914 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,557,999 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $76,831 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $147,329 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,657,083 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,410,670 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TEXAS & SOUTHWESTERN CATTLE RAISERS' FOUNDATION (FOUNDATION) WILL BUILD PLATFORMS TO PRESERVE THE HISTORY AND ADVANCE THE FUTURE OF THE LIVESTOCK INDUSTRY IN THE SOUTHWEST THROUGH CATTLE RAISERS MUSEUM EXHIBITS, EDUCATION INITIATIVES AND PROGRAMMING; TO PROVIDE SCHOLARSHIP OPPORTUNITIES TO INSPIRE YOUNG PEOPLE TO PURSUE CAREERS IN AGRICULTURE; AND TO CAPTURE ORAL HISTORIES OF THE PEOPLE WHO DEFINE THE INDUSTRY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $196,243 | ExpenseAmt |
| Grant | $1,215 | GrantAmt |
| Revenue | $36,226 | RevenueAmt |
| Desc | MUSEUM MEMBERSHIP PROGRAM - TO SUPPORT THE MUSEUM. WITH MEMBERSHIP, GUESTS CAN VISIT THE MUSEUM AS MUCH AS THEY LIKE AND PARTICIPATE IN EDUCATIONAL PROGRAMMING RELATING TO THE LIVESTOCK INDUSTRY. THERE WERE 83 MEMBERSHIPS IN 2024. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $76,750 | ExpenseAmt |
| Grant | $76,750 | GrantAmt |
| Desc | SCHOLARSHIP PROGRAM - THE SCHOLARSHIP FUND IS DESIGNED TO ADVANCE THE FUTURE OF THE LIVESTOCK INDUSTRY BY INVESTING IN YOUNG PEOPLE WHO ARE PURSUING CAREERS IN THE AGRICULTURE FIELD. SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS ENTERING ACCREDITED UNIVERSITIES IN TEXAS AND OKLAHOMA AND PURSUING DEGREES WITHIN THE AGRICULTURE FIELD. IN 2024, THERE WERE 46 SCHOLARSHIPS PROVIDED. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,995 | ExpenseAmt |
| Revenue | $16,855 | RevenueAmt |
| Desc | EDUCATIONAL PROGRAM FOR 4TH GRADE TEXAS HISTORY STUDENTS IN DFW AND THE SURROUNDING AREAS - ABOUT 3,800 STUDENTS AND TEACHERS PARTICIPATED IN THE EDUCATION IN ACTION PROGRAMS IN SPRING AND FALL 2024. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $274,988 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8178775000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 CHERRY ST | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JOHN BOSWELL | ||||||
| PRESIDENT | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PATRICIA MCCALL | ||||||
| VICE PRESIDENT | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KIT MONCRIEF | ||||||
| VICE PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN DUDLEY | ||||||
| TREASURER | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MISSY BONDS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MATT BROCKMAN | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| C CONEY BURGESS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MASON KING | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| J LUTHER KING JR | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SCOTT KLEBERG | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ROBERT MCKNIGHT JR | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| COLEY MEANS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| GREG MORSE | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| RUSSELL NOBLE | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| RED STEAGALL | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JOLINE WHARTON | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BART WULFF | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| PATRICIA RILEY | ||||||
| EXECUTIVE DIRECTOR | 17.00 | Yes (X) | $146,322 | $0 | $6,085 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $146,322 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $6,085 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $338,235 | AllOtherContributionsAmt |
| Total Contributions | $338,235 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MUSEUM ADMISSIONS | 713990 | $36,226 | $36,226 |
| EDUCATION PROGRAM | 611710 | $16,855 | $16,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $53,081 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $206,762 | TotalRevenueColumnAmt |
| Exclusion | $206,762 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $323,304 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $116,054 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $207,250 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $207,250 | TotalRevenueColumnAmt |
| Exclusion | $207,250 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1 | TotalRevenueColumnAmt |
| Exclusion | $1 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $805,329 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,081 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $414,013 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,215 | TotalAmt |
| Program Services | $1,215 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,750 | TotalAmt |
| Program Services | $76,750 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,407 | TotalAmt |
| Management And General | $152,407 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,032 | TotalAmt |
| Program Services | $58,125 | ProgramServicesAmt |
| Management And General | $25,581 | ManagementAndGeneralAmt |
| Fundraising | $17,326 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,371 | TotalAmt |
| Program Services | $7,157 | ProgramServicesAmt |
| Management And General | $15,081 | ManagementAndGeneralAmt |
| Fundraising | $2,133 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,041 | TotalAmt |
| Program Services | $3,534 | ProgramServicesAmt |
| Management And General | $10,453 | ManagementAndGeneralAmt |
| Fundraising | $1,054 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,319 | TotalAmt |
| Management And General | $57,319 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,151 | TotalAmt |
| Management And General | $64,151 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,609 | TotalAmt |
| Fundraising | $2,609 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,976 | TotalAmt |
| Program Services | $4,197 | ProgramServicesAmt |
| Management And General | $6,689 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,200 | TotalAmt |
| Program Services | $21,257 | ProgramServicesAmt |
| Management And General | $7,564 | ManagementAndGeneralAmt |
| Fundraising | $3,379 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,191 | TotalAmt |
| Management And General | $19,191 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,000 | TotalAmt |
| Program Services | $1,410 | ProgramServicesAmt |
| Management And General | $4,170 | ManagementAndGeneralAmt |
| Fundraising | $420 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25 | TotalAmt |
| Management And General | $25 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378 | TotalAmt |
| Management And General | $378 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,384 | TotalAmt |
| Management And General | $4,384 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EXHIBITION COSTS | $72,338 | $72,338 | ||
| EQUIPMENT REPAIRS | $23,344 | $15,186 | $8,158 | |
| MUSEUM ADMISSION | $13,084 | $11,368 | $1,716 | |
| DUES & SUBSCRIPTIONS | $8,692 | $2,042 | $6,041 | $609 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,137 | TotalAmt |
| Program Services | $409 | ProgramServicesAmt |
| Management And General | $2,728 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $688,644 | TotalAmt |
| Program Services | $274,988 | ProgramServicesAmt |
| Management And General | $386,036 | ManagementAndGeneralAmt |
| Fundraising | $27,620 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,546 | BOYAmt |
| EOY | $195,098 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,093 | BOYAmt |
| EOY | $824,502 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $269 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,759 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,209 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,550 | BOYAmt |
| EOY | $5,550 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,157,725 | BOYAmt |
| EOY | $10,532,580 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,733,914 | BOYAmt |
| EOY | $11,557,999 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,831 | BOYAmt |
| EOY | $147,329 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,831 | BOYAmt |
| EOY | $147,329 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,799,658 | BOYAmt |
| EOY | $6,425,730 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,857,425 | BOYAmt |
| EOY | $4,984,940 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,657,083 | BOYAmt |
| EOY | $11,410,670 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,733,914 | BOYAmt |
| EOY | $11,557,999 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $116,685 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $636,902 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $569,620 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $368,391 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $254,658 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $237,054 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $338,235 | CurrentTaxYearAmt |
| Total | $1,767,958 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $569,620 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $368,391 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $254,658 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $237,054 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $338,235 | CurrentTaxYearAmt |
| Total | $1,767,958 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $414,269 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,353,689 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $116,084 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $125,949 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $167,832 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $197,725 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $206,762 | CurrentTaxYearAmt |
| Total | $814,352 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $215 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $544 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $826 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $1,586 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,583,896 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $166,474 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.52390 | PublicSupportCY170Pct |
| Public Support PY170 | 0.55990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS - 2020 AMOUNT: $ 215. 2021 AMOUNT: $ 544. 2023 AMOUNT: $ 826. 2024 AMOUNT: $ 1. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,862,553 | BeginningYearBalanceAmt |
| Contributions | $19,113 | ContributionsAmt |
| Investment Earnings Or Losses | $179,667 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $69,898 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,991,435 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,711,874 | BeginningYearBalanceAmt |
| Contributions | $46,485 | ContributionsAmt |
| Investment Earnings Or Losses | $176,817 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $72,623 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,862,553 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,703,474 | BeginningYearBalanceAmt |
| Contributions | $56,475 | ContributionsAmt |
| Investment Earnings Or Losses | $17,552 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $57,850 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,777 | OtherExpendituresAmt |
| End Year Balance | $1,711,874 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,538,494 | BeginningYearBalanceAmt |
| Contributions | $137,625 | ContributionsAmt |
| Investment Earnings Or Losses | $91,889 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,750 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,784 | OtherExpendituresAmt |
| End Year Balance | $1,703,474 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,474,313 | BeginningYearBalanceAmt |
| Contributions | $78,537 | ContributionsAmt |
| Investment Earnings Or Losses | $50,891 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $65,247 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,538,494 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.78591 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.21409 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,550 | OtherCostOrOtherBasisAmt |
| Book Value | $5,550 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,209 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,209 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,550 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,378,080 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $636,902 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $636,902 | RevenueNotReportedAmt |
| Revenue Subtotal | $741,178 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $64,151 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $64,151 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $805,329 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $624,493 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $624,493 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $64,151 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $64,151 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $688,644 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE FOUNDATION HAS A SIGNIFICANT INVESTMENT IN MUSEUM COLLECTIONS. THE COLLECTIONS INCLUDE ARTIFACTS, PUBLICATIONS AND REPLICAS WHICH FURTHER THE FOUNDATION'S MISSION TO HONOR AND DOCUMENT THE STUDY OF LIVESTOCK PRODUCTION. AS THESE COLLECTIONS ARE CONSIDERED TREASURES, A FAIR VALUE IS NOT READILY DETERMINABLE AND THEREFORE IS NOT DISCLOSED IN THE FINANCIAL STATEMENTS. ALL COLLECTIONS ACCUMULATED BY THE FOUNDATION ARE GOVERNED BY THE FOUNDATION'S COLLECTION MANAGEMENT POLICY. THESE COLLECTIONS ARE HELD FOR PUBLIC DISPLAY AND EDUCATION RATHER THAN FINANCIAL GAIN AND ARE PROTECTED, CARED FOR AND PRESERVED BY THE FOUNDATION. ANY EXPENDITURES OR RECEIPTS RELATED TO PURCHASES, SALES OR INSURANCE RECOVERIES OF COLLECTION ITEMS ARE REPORTED SEPARATELY IN THE STATEMENT OF ACTIVITIES IN THE PERIOD IN WHICH THEY OCCUR. |
| PART V, LINE 4: | THE INTENDED USE OF THE ORGANIZATION'S PERMANENT ENDOWMENT FUNDS IS TO FUND SCHOLARSHIPS. TEMPORARILY RESTRICTED FUNDS ARE MAINTAINED TO SUPPORT THE BUILDING FUND AND PROGRAMS OF THE FOUNDATION. |
| PART X, LINE 2: | THE FOUNDATION IS A NONPROFIT ORGANIZATION AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE (IRC) THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE IRC. TAXES ARE PAID ON NET INCOME EARNED FROM SOURCES UNRELATED TO THE EXEMPT PURPOSES. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURN AND RECOGNITION OF A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 46 | RecipientCnt |
| Cash Grant | $76,750 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL SCHOLARSHIP PAYMENTS ARE MADE DIRECTLY TO THE RECIPIENT'S UNIVERSITY. AFTER THE RECIPIENT'S FALL SEMESTER, THE INDIVIDUAL MUST SUBMIT A COPY OF THEIR TRANSCRIPT SHOWING THAT THEY HAVE MAINTAINED THEIR GPA AND THAT THEY ARE ENROLLED AS A FULL-TIME STUDENT FOR THE COMING SEMESTER IN ORDER TO RECEIVE THE SPRING SEMESTER'S SCHOLARSHIP AMOUNT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICIA RILEY | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $125,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $21,322 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $6,085 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $152,407 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 7 | THE BONUS PAID TO THE EXECUTIVE DIRECTOR WAS A DISCRETIONARY BONUS BASED ON PERFORMANCE. |
| FORM 990, PART VI SECTION A, LINE 5 AND SCHEDULE J, PART II | NATIONAL COWGIRL MUSEUM AND HALL OF FAME (NCMHF), AN UNRELATED BUT AFFILIATED ORGANIZATION, PAID ALL COMPENSATION AND BENEFITS FOR THE EXECUTIVE DIRECTOR. THE FILING ORGANIZATION REIMBURSES NCMHF FOR THE COMPENSATION AND BENEFITS. THE REIMBURSEMENTS ARE REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, PART IX, LINE 5 AS COMPENSATION OF CURRENT OFFICERS AND DIRECTORS. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTHER KING CAPITAL MGMT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $56,113 | TransactionAmt |
| Transaction | INVEST FEES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV, LINE 1 | FormAndLineReferenceDesc |
| Explanation | BOARD MEMBER LUTHER KING IS ASSUMED TO BE GREATER THAN 35% OWNER OF LUTHER KING CAPITAL MANAGEMENT (LKCM). THE BOARD USES LUTHER KING CAPITAL MANAGEMENT TO MANAGE THE ASSETS OF THE ORGANIZATION. LUTHER KING ABSTAINS FROM ANY VOTES CONNECTED WITH INVESTMENT MATTERS AND RELINQUISHED HIS POSITION AS TREASURER PRIOR TO THE BOARD'S 2010 VOTE TO RETAIN LKCM TO HANDLE ITS INVESTMENT ACTIVITIES. THE BUSINESS TRANSACTION WAS PROVIDED TO THE ORGANIZATION AT FAIR VALUE AND WAS IN THE NORMAL COURSE OF BUSINESS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 2A | THE NUMBER OF EMPLOYEES LISTED AS BEING ON FORM W-3 IS THE TOTAL EMPLOYEE COUNT FOR THE FILING ORGANIZATION. WHILE THE NATIONAL COWGIRL MUSEUM AND HALL OF FAME AND THE FORT WORTH MUSEUM OF SCIENCE AND HISTORY ARE UNRELATED BUT AFFILIATED COMMON PAYMASTERS FOR THE FOUNDATION, THE NUMBER OF EMPLOYEES ONLY INCLUDES THE EMPLOYEE COUNT FOR THE FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL BE A STANDING COMMITTEE THAT SHALL HAVE, BETWEEN MEETINGS OF THE DIRECTORS OF THIS FOUNDATION, ALL OF THE POWER AND AUTHORITY WITH RESPECT TO ALL PHASES OF THE FOUNDATION'S ACTIVITIES THAT THE DIRECTORS MIGHT HAVE OR COULD EXERCISE IF ACTING AT A LAWFUL MEETING. IT SHALL KEEP MINUTES OF THE TRANSACTIONS OF ITS MEETINGS AND SHALL CAUSE SUCH MINUTES TO BE RECORDED IN BOOKS KEPT FOR THAT PURPOSE, AND THE CURRENT RECORDS SHALL BE SUBMITTED TO THE BOARD OF DIRECTORS AT EACH OF ITS MEETINGS. IT SHALL CONSIST OF THE PERSONS SERVING IN THE OFFICE OF PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER AND NO MORE THAN TWO (2) MEMBERS OF THE BOARD OF DIRECTORS APPOINTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR SHALL BE AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE ENTITLED TO ATTEND AND PARTICIPATE IN ALL MEETINGS AND DELIBERATIONS OF THE EXECUTIVE COMMITTEE, BUT SHALL NOT BE ENTITLED TO ANY VOTE. THE PRESIDENT OF THE FOUNDATION SHALL SERVE AS THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 2 | PATRICIA MCCALL AND JOHN BOSWELL HAVE A FAMILY RELATIONSHIP. J. LUTHER KING, JR. AND MASON KING HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE FOUNDATION WILL HAVE "VOTING MEMBERS AND "NON-VOTING MEMBERS." ONLY VOTING MEMBERS SHALL BE ENTITLED TO RECEIVE NOTICE OF, ATTEND, AND VOTE AT MEETINGS OF THE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | AT EACH ANNUAL MEETING AT WHICH A QUORUM IS PRESENT, THE VOTING MEMBERS SHALL FILL ANY VACANCIES ON THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE FOUNDATION'S CERTIFIED PUBLIC ACCOUNTING FIRM AFTER THE ANNUAL AUDIT HAS BEEN COMPLETED. THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY OF THE RETURN IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE THE RETURN IS SUBMITTED TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE DIRECTORS AND OFFICERS OF THE FOUNDATION SHALL ACT IN GOOD FAITH, WITH UNDIVIDED LOYALTY TO THE FOUNDATION AND WITH THE HIGH DEGREE OF DILIGENCE, CARE AND SKILL WHICH REASONABLY PRUDENT PERSONS WOULD EXERCISE IN THE CONDUCT OF THEIR OWN AFFAIRS. SPECIFICALLY, THE DIRECTORS AND OFFICERS OF THE FOUNDATION SHALL SEEK TO AVOID CONFLICTS OF INTEREST WITH THE FOUNDATION. A CONFLICT OF INTEREST EXISTS WHENEVER A DIRECTOR OR OFFICER (INCLUDING THE SPOUSE, SIBLINGS, PARENTS OR CHILDREN OF SUCH DIRECTOR OR OFFICER) (REFERRED TO AS AN "INTERESTED PERSON") HAS A MATERIAL FINANCIAL INTEREST IN A TRANSACTION OR ARRANGEMENT UNDER CONSIDERATION BY THE BOARD OF DIRECTORS OF THE FOUNDATION OR A COMMITTEE OF THE BOARD OF DIRECTORS HAVING BOARD AUTHORITY. IF THE BOARD OF DIRECTORS OR ANY COMMITTEE HAVING BOARD AUTHORITY IS CONSIDERING ENTERING ANY TRANSACTION OR ARRANGEMENT WITH AN INTERESTED PERSON OR WITH ANY ENTITY IN WHICH AN INTERESTED PERSON HAS A FINANCIAL INTEREST, (1) THE INTERESTED PERSON MUST DISCLOSE THE POTENTIAL CONFLICT OF INTEREST TO THE BOARD OF DIRECTORS OR SUCH COMMITTEE, AS THE CASE MAY BE, (2) THE INTERESTED PERSON MUST LEAVE THE MEETING WHILE THE MATTER IS DISCUSSED, AND (3) IF THE INTERESTED PERSON HAS ANY VOTING RIGHTS, THE INTERESTED PERSON MAY NOT VOTE ON THE MATTER (ALTHOUGH THE INTERESTED PERSON MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OF DIRECTORS OR SUCH COMMITTEE, AS THE CASE MAY BE). THE CONFLICT OF INTEREST POLICY REQUIRES OFFICERS AND TRUSTEES TO FILL OUT A DISCLOSURE ON AN ANNUAL BASIS THAT IS FIRST REVIEWED BY THE ASSOCIATE DIRECTOR, THEN THE EXECUTIVE DIRECTOR AND TREASURER AND THEN THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS, IN CONJUNCTION WITH THE BOARD OF THE UNRELATED BUT AFFILIATED ORGANIZATION NATIONAL COWGIRL MUSEUM AND HALL OF FAME, REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR AFTER COMPARISON WITH THE SALARIES OF OTHER EXECUTIVE DIRECTORS FOR MUSEUMS IN FORT WORTH. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
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