Frontier Times Museum

Analysis

Frontier Times Museum is a registered charity in United States, based in Bandera, TX. It received its IRS tax-exemption ruling in October 1972, 54 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frontier Times Museum reported income of $597k and spending of $165k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $597k (+338%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frontier Times Museum sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Cary Chinese School ($597k), Jack Hadleys Black History Memorabilia Inc ($597k) and Colorado Sports Hall of Fame ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $43k (26% of expenses). Other salaries and wages came to $65k. At year end it held assets of $819k against liabilities of $242, net assets of $819k. It reported 5 employees.