Overview
What is Texas Museums And Halls Of Fame Foundation?
The Texas Museums and Halls of Fame Foundation is a dedicated nonprofit organization, situated in Texas. Its primary objective is to enlighten the public about the rich and storied history of sports through engaging museum exhibits and educational programs. By harnessing these resources, the foundation aims to foster a deeper appreciation and understanding of the role sports have played in shaping society and culture.
Official website here: www.tshof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Texas Museums and Halls of Fame Foundation has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is based exclusively on the organization's financial management and transparency practices, reflecting a commitment to maintaining high standards. The rating emphasizes the importance of fiscal responsibility, which is vital for donor trust.
The foundation boasts 100% independent board members, ensuring unbiased governance, and it has successfully maintained a low liabilities-to-assets ratio of 47.73%. This demonstrates financial stability and effective management. Additionally, the organization scores high in program expense ratio, allocating over 90% of its spending to programs, which underscores its focus on mission-driven activities.
While the strengths are notable, the overall rating indicates there may be areas for further improvement in operational efficiency or program impact metrics that could enhance its overall standing. Nonetheless, the foundation's comprehensive policies on conflict of interest and whistleblower protections further reinforce its commitment to accountability and ethical practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Texas Museums And Halls Of Fame Foundation?
92% of 258 reviewers on Facebook recommend the Texas Museums and Halls of Fame Foundation. Here is a summary of their reviews:
Visitors appreciate the engaging and informative exhibits, particularly highlighting the Southwest Conference area, which seems to resonate well with history enthusiasts. The overall sentiment reflects a strong admiration for the historical significance and rich narratives present throughout the Hall of Fame.
Overall, the foundation appears to deliver a fulfilling and enjoyable experience, with many expressing satisfaction in both the content and presentation of the museum. The positive feedback suggests that guests leave with a sense of connection to the cultural heritage showcased within its walls.
This AI summary has been generated from reviews found on Facebook.
Is Texas Museums And Halls Of Fame Foundation legitimate?
Texas Museums And Halls Of Fame Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Museums And Halls Of Fame Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,106
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Official website here: www.tshof.org
What is the mission statement of Texas Museums And Halls Of Fame Foundation?
The Texas Museums and Halls of Fame Foundation serves to enlighten the public about sports history. They accomplish this objective through meticulously curated museum exhibits and educational programs. The foundation's primary aim is to preserve and share the rich heritage of sports, fostering a deeper appreciation for the past achievements and milestones in this domain. By doing so, they contribute to broadening the general public's understanding of sports history, thereby promoting a collective sense of pride and inspiration.
Official website here: www.tshof.org
Who is the CEO of Texas Museums And Halls Of Fame Foundation?
David Lacy is the Treasurer of Texas Museums And Halls Of Fame Foundation.
Official website here: www.tshof.org
What is the revenue of Texas Museums And Halls Of Fame Foundation?
Texas Museums And Halls Of Fame Foundation's revenue in 2022 was $514,892.
Official website here: www.tshof.org
Who are the executives of Texas Museums And Halls Of Fame Foundation and what are their salaries?
The average compensation at Texas Museums And Halls Of Fame Foundation during 2022 was $22,931. There are 13 employees at Texas Museums And Halls Of Fame Foundation.
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Official website here: www.tshof.org
Where can I find the form 990 for Texas Museums And Halls Of Fame Foundation?
Texas Museums And Halls Of Fame Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tshof.org
Learn more at the official website: www.tshof.org
Mission Statement of Texas Museums And Halls Of Fame Foundation
The Texas Museums and Halls of Fame Foundation is committed to enlightening the public about the rich history of sports. This nonprofit organization achieves this mission by curating engaging museum exhibits and implementing informative programs. Through these initiatives, the foundation aims to spark interest and foster a deeper understanding of sports' evolution and impact on society. By educating the public, the Texas Museums and Halls of Fame Foundation contributes to preserving sports history for future generations.
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Impact
July, 2024
Texas Museums and Halls of Fame Foundation plays a significant role in educating the public about sports history. Through museum exhibits and programs, this foundation aims to preserve and showcase the rich sports history of Texas. By doing so, they not only provide valuable insights into the state's athletic heritage but also create a space for visitors to learn, appreciate, and engage with sports culture. Their efforts have a lasting impact on the community by promoting education and awareness about the role of sports in shaping Texas's identity and history.
This information is meant to be a general summary of Texas Museums And Halls Of Fame Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,971
- Program Service Revenue: $133,912
- Gross Receipts: $668,884
Assets and Liabilities:
- Total Assets: $475,368
- Total Liabilities: $226,902
- Net Assets: $248,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITIES INCOME
Revenue
$89,354
DISPLAY FEE
Revenue
$31,200
OTHER PROGRAM REVENUE
Revenue
$13,358
Organization Details
Founding Year
1949
Phone
(254) 756-1633Principal Officer
David Lacy
Main Address
1108 S UNIVERSITY PARKS DR, WACO, TX, 76706
Website
www.tshof.orgNTEE Category
Code: A58Z - Arts
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