Frontier Times Museum EIN 23-7253589 Form 990 (PDF) Claim this org

Frontier Times Museum

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Preserves and shares Bandera County's cultural heritage and Texas frontier stories through exhibits and education. For fiscal year 2024 it reported $253K in revenue, $171K in expenses, and $901K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Bandera, TX
Website
www.frontiertimesmuseum.org
Filings
5 on file (2020–2024)
Revenue
$253KFY2024
Expenses
$171K
Net assets
$901K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7253589 Public charity (501(c)(3)) Bandera, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves and shares Bandera County's cultural heritage and Texas frontier stories through exhibits and education.
Leadership
Rebecca Norton · Executive Dir. · $43K
Money in and out
$253K revenue, $171K expenses
Bottom line
51% program efficiency
Where the money goes · FY2024
Total revenue
$253K
Pt VIII · Ln 12
Total expenses
$171K
Pt IX · Ln 25
Net assets
$901K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $82K
Where spending went · Part IX cols B–D
Program services $0.51 Management & general $0.28 Fundraising $0.21
Program efficiency
51%
of spending reaches programs▼ -16% vs prior filing year
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate▼ -17% vs prior filing year
Surplus margin
+32%
revenue over expenses, this year▼ -55% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$253K
FY2024▼ -58%
Expenses
$171K
FY2024▲ +3%
Total assets
$901K
FY2024▲ +10%
Total liabilities
$213
FY2024▼ -12%
Total revenue
$253K
Pt VIII · Ln 12
Total expenses
$171K
Pt IX · Ln 25
Net assets
$901K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$82K
Total assetsPt X · Ln 16$901K
Program-expense ratioPt IX · col B51%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFrontier Times Museum
EINHdr · item D23-7253589
Principal addressHdr · item CBandera, TX
WebsiteHdr · item Jwww.frontiertimesmuseum.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A540)
Ruling yearIRS BMFOct 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$43,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Parliamentarian
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rebecca Norton’s $43K as Executive Dir. is at the 38th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rebecca Norton$43,000$42,850$42,640$42,640$42,640

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $87K of program spending, described in the organization's own filed words · FY2024.
01

The museum hosts educational programs for area schools and home schooled students which include field trips and a Traveling Texas History Trunk program which are portable units that are brought to the schools to be used in the classroom to enhance school curriculum.

$87Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$183K · 72%
Program service revenue$36K · 14%
Investment income$32K · 13%
Other revenue$2K · 1%
Contributions & grants72%$183K
Program service revenue14%$36K
Investment income13%$32K
Other revenue1%$2K
Total revenueLn 12$253K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.51 Management & general $0.28 Fundraising $0.21
Program services51%$87K
Management & general28%$47K
Fundraising21%$37K
Total functional expensesLn 25$171K

Balance Sheet

Part X · end of year
CashLn 1$175K
Total assetsLn 16$901K
Total liabilitiesLn 26$213
Total net assetsLn 32$901K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $175K · Operating expenses/yr $171K
12.3 months
Where the money goes
Program services
Program services $87K · Total expenses $171K
51%
Management & General
Management & general $47K · Total expenses $171K
28%
Fundraising
Fundraising $37K · Total expenses $171K
21%
Cost to raise $1
Fundraising expense (3-yr avg) $30K · Solicited contributions (3-yr avg) $294K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $183K · Total revenue $253K
72%
Government reliance
Government grants — · Total revenue $253K
Earned-income share
Program service revenue $36K · Total revenue $253K
14%
Investment reliance
Investment income $32K · Total revenue $253K
+13%
Program self-sufficiency
Program service revenue $36K · Total expenses $171K
21%
Growth & trend
Revenue growth (YoY)
This year $253K · Prior year $597K
-58%
Revenue CAGR
FY2020 $144K · FY2024 $253K
+15%
Net-asset trend (YoY)
End of year $901K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $253K · Expenses $171K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $901K
Net-asset ratio
Net assets $901K · Total assets $901K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $901K
0%
People & payroll
Highest Reported Total Compensation
Individual Rebecca Norton · Reported title Executive Dir. · Highest reported compensation $43K · Total expenses $171K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $105K · Total expenses $171K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 51%
Overhead ratio 28%
Fundraising cost ratio 20%
Revenue growth -58%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$253K revenue · viewing · ⤓ 990 PDF
FY2023$597K revenue · ⤓ 990 PDF
FY2022$294K revenue · ⤓ 990 PDF
FY2021$195K revenue · ⤓ 990 PDF
FY2020$144K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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