Form 990 for tax year 2023
Filed by DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2023 , filed 16 December 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $3,816,623 changed to $3,845,085
- Total expenses
- $2,487,315 changed to $2,515,777
- Contributions and grants received
- $920,022 changed to $948,484
- Program services expenses
- $1,607,351 changed to $1,635,813
- Program service expenses (Part III)
- $1,607,351 changed to $1,635,813
Totals
- Total revenue
- $3,816,623
- Total expenses
- $2,487,315
- Contributions and grants received
- $920,022
- Grants paid
- $0
- Program service revenue
- $1,998,765
- Investment income
- $7,195
- Other revenue
- $890,641
- Total assets, end of year
- $7,573,330
- Total liabilities, end of year
- $1,439,920
- Net assets or fund balances, end of year
- $6,133,410
- Program services expenses (Part IX)
- $1,607,351
- Management and general expenses
- $718,013
- Fundraising expenses
- $161,951
- Program service expenses (Part III)
- $1,607,351
Program services were 64.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$3,205
-
1e · Government grants (contributions)
$248,759
-
1f · All other contributions, gifts and grants
$668,058
-
2a · Program service revenue: MUSEUM ADMISSIONS
total $1,949,171 · related or exempt $1,949,171
-
2b · Program service revenue: ENTERPRISE PROGRAMS
total $49,594 · related or exempt $49,594
-
3 · Investment income
total $7,195 · excluded $7,195
-
6a · Gross rents
real property $1,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $1,000
-
6d · Net rental income or loss
total $1,000 · excluded $1,000
-
11a · Other revenue: GAIN(LOSS) SUBSIDIARY
total $828,852 · excluded $828,852
-
11b · Other revenue: MISCELLANEOUS
total $60,789 · related or exempt $60,789
-
11e · Other revenue, total
$889,641
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $249,546 · program services $37,555 · management and general $157,717 · fundraising $54,274
-
7 · Other salaries and wages
total $787,753 · program services $663,664 · management and general $110,512 · fundraising $13,577
-
8 · Pension plan contributions
total $14,793 · program services $11,900 · management and general $2,495 · fundraising $398
-
9 · Other employee benefits
total $49,174 · program services $35,970 · management and general $11,069 · fundraising $2,135
-
10 · Payroll taxes
total $75,099 · program services $51,399 · management and general $18,992 · fundraising $4,708
-
11a · Fees: management
total $1,250 · management and general $1,250
-
11c · Fees: accounting
total $18,010 · program services $1,208 · management and general $16,535 · fundraising $267
-
11f · Fees: investment management
total $25,652 · management and general $25,652
-
11g · Fees: other
total $14,471 · program services $4,196 · management and general $9,891 · fundraising $384
-
12 · Advertising and promotion
total $20,199 · fundraising $20,199
-
13 · Office expenses
total $254,166 · program services $157,447 · management and general $85,146 · fundraising $11,573
-
14 · Information technology
total $16,689 · program services $11,422 · management and general $4,221 · fundraising $1,046
-
16 · Occupancy
total $837,223 · program services $573,014 · management and general $211,726 · fundraising $52,483
-
17 · Travel
total $10,506 · management and general $10,506
-
19 · Conferences, conventions and meetings
total $31,948 · management and general $31,948
-
20 · Interest
total $392 · management and general $392
-
22 · Depreciation, depletion and amortization
total $52,364 · program services $52,364
-
24a · Other expenses: MISCELLANEOUS
total $27,173 · program services $7,212 · management and general $19,961
-
24b · Other expenses: DONOR BENEFITS
total $907 · fundraising $907
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $548,313 · end of year $1,138,500
-
8 · Inventories for sale or use
end of year $463,798
-
10a · Land, buildings and equipment: cost or other basis
$1,540,022
-
10b · Land, buildings and equipment: accumulated depreciation
$1,115,614
-
10c · Land, buildings and equipment, net
beginning of year $333,101 · end of year $424,408
-
11 · Investments: publicly traded securities
beginning of year $1,789,311 · end of year $2,164,112
-
12 · Investments: other securities
beginning of year $1,578,516 · end of year $2,407,368
-
15 · Other assets
beginning of year $1,231,974 · end of year $975,144
-
17 · Accounts payable and accrued expenses
beginning of year $83,365 · end of year $255,793
-
19 · Deferred revenue
beginning of year $444 · end of year $0
-
25 · Other liabilities
beginning of year $1,004,600 · end of year $1,184,127
-
27 · Net assets without donor restrictions
beginning of year $4,212,979 · end of year $6,133,410
-
28 · Net assets with donor restrictions
beginning of year $179,827 · end of year $0
Mission and programs · 2023
Mission
Withheld by Nonprofiteer: this text may name a private individual.
Activities or mission (Part I)
Withheld by Nonprofiteer: this text may name a private individual.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $1,607,351 · Revenue $2,059,554
As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Anthony Betters SrANTHONY BETTERS SR
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Adrian SepcicADRIAN SEPCIC
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Evan HankinsEVAN HANKINS
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Frank AlexanderFRANK ALEXANDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim AlexanderJIM ALEXANDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elaine BotelloELAINE BOTELLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gina LongGINA LONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael BrownMICHAEL BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniela RodriguezDANIELA RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pat WrightPAT WRIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James Jim CliftonJAMES JIM CLIFTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul 'Trey' Concilio IIIPAUL 'TREY' CONCILIO III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dawson BarksdaleDAWSON BARKSDALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura GibsonLAURA GIBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dexter HallDEXTER HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ansuya AbnoussiANSUYA ABNOUSSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jake JohnsonJAKE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad KingBRAD KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason LavenderJASON LAVENDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Priscilla MartinezPRISCILLA MARTINEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Priscilla JamesPRISCILLA JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Claire Kultgen McDonaldCLAIRE KULTGEN MCDONALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary MylesGARY MYLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hector SabidoHECTOR SABIDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mito Diaz-EspinozaMITO DIAZ-ESPINOZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew SpringateANDREW SPRINGATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul WardPAUL WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angelo OchoaANGELO OCHOA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher T DyerCHRISTOPHER T DYER
PRESIDENT/CEO
- Total calculated
- $167,183
- From this org
- $155,040
- From related orgs
- $0
- Other
- $12,143
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,040
- Bonus
- $0
- Other
- $0
- Deferred
- $8,120
- Nontaxable benefits
- $4,023
- Filer's total
- $167,183
-
Jewell ArmstrongJEWELL ARMSTRONG
DIRECTOR OF FINANCE
- Total calculated
- $82,364
- From this org
- $77,872
- From related orgs
- $0
- Other
- $4,492
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(2) · TITLE HOLDING COMPANY · TX · controlled entity
Directly controlled by DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
DP MUSEUM ENTERPRISES INC
C · OPERATION OF GIFT SHOP · TX · 100% owned
Directly controlled by DR PEPPER MUSEUM & FREE ENTERPRISE INSTITUTE INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349326501
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