Museum of the West Texas Frontier

Analysis

Museum of the West Texas Frontier is a registered charity in United States, based in Stamford, TX. It received its IRS tax-exemption ruling in April 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Museum of the West Texas Frontier reported income of $133k and spending of $110k, spending 83% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $208k to $133k (-36%), an average of -36% a year. The sharpest change came in the year to September 2023, when income dropped by 36%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of the West Texas Frontier sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Newberg Downtown Coalition ($133k), Woodlawn Cemetery Historical Association Inc ($133k) and Istec Inc ($133k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (27% of expenses). Other salaries and wages came to $39k. At year end it held assets of $142k against liabilities of $0, net assets of $142k.