Form 990 for tax year 2023
Filed by TEXAS AND SOUTHWESTERN CATTLE RAISERS FOUNDATION.
Totals
- Total revenue
- $528,782
- Total expenses
- $601,779
- Contributions and grants received
- $237,054
- Grants paid
- $72,104
- Program service revenue
- $40,142
- Investment income
- $245,735
- Other revenue
- $5,851
- Total assets, end of year
- $10,733,914
- Total liabilities, end of year
- $76,831
- Net assets or fund balances, end of year
- $10,657,083
- Program services expenses (Part IX)
- $156,375
- Management and general expenses
- $438,098
- Fundraising expenses
- $7,306
- Program service expenses (Part III)
- $156,375
Program services were 26.0% 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.
-
1f · All other contributions, gifts and grants
$237,054
-
2a · Program service revenue: MUSEUM ADMISSIONS
total $31,257 · related or exempt $31,257
-
2b · Program service revenue: EDUCATION PROGRAM
total $8,885 · related or exempt $8,885
-
3 · Investment income
total $192,700 · excluded $192,700
-
6a · Gross rents
real property $5,025
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $5,025
-
6d · Net rental income or loss
total $5,025 · excluded $5,025
-
7a · Gross sales of assets other than inventory
securities $195,502
-
7b · Less cost or other basis and sales expenses
securities $142,467
-
7c · Gain or loss
securities $53,035
-
7d · Net gain or loss
total $53,035 · excluded $53,035
-
11a · Other revenue: OTHER INCOME
total $826 · excluded $826
-
11e · Other revenue, total
$826
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,579 · program services $2,579
-
2 · Grants to domestic individuals
total $69,525 · program services $69,525
-
5 · Compensation of officers, directors and key employees
total $136,583 · management and general $136,583
-
7 · Other salaries and wages
total $116,825 · program services $4,950 · management and general $111,875
-
9 · Other employee benefits
total $16,508 · program services $458 · management and general $16,050
-
10 · Payroll taxes
total $13,160 · program services $264 · management and general $12,896
-
11c · Fees: accounting
total $67,614 · management and general $67,614
-
11f · Fees: investment management
total $59,167 · management and general $59,167
-
11g · Fees: other
total $2,467 · management and general $2,467
-
12 · Advertising and promotion
total $13,481 · program services $6,175 · fundraising $7,306
-
13 · Office expenses
total $14,719 · program services $9,374 · management and general $5,345
-
14 · Information technology
total $7,736 · program services $350 · management and general $7,386
-
16 · Occupancy
total $6,510 · program services $60 · management and general $6,450
-
19 · Conferences, conventions and meetings
total $2,830 · management and general $2,830
-
23 · Insurance
total $4,654 · program services $4,654
-
24a · Other expenses: PROGRAM EXPENSES
total $30,826 · program services $30,826
-
24b · Other expenses: EQUIPMENT REPAIRS
total $26,435 · program services $26,435
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $7,254 · program services $670 · management and general $6,584
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $2,906 · program services $55 · management and general $2,851
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $403,616 · end of year $223,546
-
2 · Savings and temporary cash investments
beginning of year $262,508 · end of year $347,093
-
9 · Prepaid expenses and deferred charges
beginning of year $4,000
-
10a · Land, buildings and equipment: cost or other basis
$15,759
-
10b · Land, buildings and equipment: accumulated depreciation
$10,209
-
10c · Land, buildings and equipment, net
beginning of year $5,550 · end of year $5,550
-
11 · Investments: publicly traded securities
beginning of year $9,187,552 · end of year $10,157,725
-
17 · Accounts payable and accrued expenses
beginning of year $57,672 · end of year $76,831
-
27 · Net assets without donor restrictions
beginning of year $5,087,867 · end of year $5,799,658
-
28 · Net assets with donor restrictions
beginning of year $4,717,687 · end of year $4,857,425
Mission and programs · 2023
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.
Activities or mission (Part I)
PRESERVE, PROMOTE & PROTECT RANCH LIFE & ADVANCE FUTURE OF LIVESTOCK INDUSTRY IN THE SOUTHWEST.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $142,458 · Grants $69,525
-
MUSEUM MEMBERSHIP PROGRAM - TO PROMOTE EDUCATIONAL PROGRAMS AND PRESERVE HISTORIC DATA ON THE LIVESTOCK INDUSTRY INCLUDING MAINTAINING A LIBRARY OF BOOKS AND OTHER DOCUMENTS RELATING TO THE LIVESTOCK INDUSTRY.
Expenses $8,980 · Grants $2,579 · Revenue $31,257
-
EDUCATIONAL PROGRAM FOR 4TH GRADE TEXAS HISTORY STUDENTS IN DFW AND THE SURROUNDING AREAS.
Expenses $4,937 · Revenue $8,885
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. 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
-
John BoswellJOHN BOSWELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Patricia McCallPATRICIA MCCALL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Kit MoncriefKIT MONCRIEF
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
John DudleyJOHN DUDLEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Missy BondsMISSY BONDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
C Coney BurgessC CONEY BURGESS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mason KingMASON KING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott KlebergSCOTT KLEBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt BrockmanMATT BROCKMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
J Luther King JrJ LUTHER KING JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert McKnight JrROBERT MCKNIGHT JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg MorseGREG MORSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Russell NobleRUSSELL NOBLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Coley MeansCOLEY MEANS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Red SteagallRED STEAGALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Joline WhartonJOLINE WHARTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Bart WulffBART WULFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Patricia RileyPATRICIA RILEY
EXECUTIVE DIRECTOR
- Total calculated
- $136,583
- From this org
- $130,217
- From related orgs
- $0
- Other
- $6,366
- Hours/week
- 17
Schedule J breakdown matched by us
- Base
- $130,217
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,366
- Filer's total
- $136,583
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 survey or study
- 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
The filer's explanations (Part III)
- 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.
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349309027
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.