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Colonel Museum Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760154705 ✦ Galveston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Colonel Museum Inc?

Colonel Museum Inc, a nonprofit organization based in Galveston, Texas, is situated at ONE HOPE BLVD. Their primary focus is managing and operating a museum on a paddlewheel boat. This unique museum showcases the rich history of paddlewheel transportation in Texas through various exhibits. By visiting this museum, individuals can gain an enlightening perspective on this significant mode of transportation in the state's history.


Official website here: www.moodygardens.com/attractions/colonel_padd

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Stars

Colonel Museum Inc has achieved a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 88% in this category, reflecting effective management of resources and transparency in operations. The rating is based solely on the Accountability & Finance beacon, which is a critical measure for potential donors evaluating the charity's reliability.

Key strengths of Colonel Museum Inc include having a fully independent board, which scored a perfect 8 out of 8 points. Additionally, their audit and oversight committee is well-structured, earning full marks for its financial statements. The museum has also demonstrated solid fiscal health, evidenced by a program expense ratio of 93%, meaning that a significant portion of its funds goes directly to its programs.

However, there are some areas that require improvement, particularly the absence of a whistleblower policy, which could be a concern for organizational governance. Despite this limitation, the overall financial management practices indicate a commitment to transparency and ethical standards, making it a worthy consideration for potential supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Colonel Museum Inc legitimate?

Colonel Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colonel Museum Inc 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: $8,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,847

For more financial information, click here


Official website here: www.moodygardens.com/attractions/colonel_padd

What is the mission statement of Colonel Museum Inc?

The Colonel Museum Inc. is dedicated to showcasing the historical significance of paddlewheel transportation in Texas. They achieve this by operating a museum aboard a paddlewheel boat, featuring exhibits that narrate this history. The institution serves as an educational platform, providing visitors with an immersive experience into the past of water transportation in the state. By preserving and showcasing this history, the Colonel Museum Inc. aims to foster a deeper understanding and appreciation for this unique aspect of Texas's past.


Official website here: www.moodygardens.com/attractions/colonel_padd

Who is the CEO of Colonel Museum Inc?

Robert Callies is the Vice-Pres of Colonel Museum Inc.


Official website here: www.moodygardens.com/attractions/colonel_padd

What is the revenue of Colonel Museum Inc?

Colonel Museum Inc's revenue in 2022 was $712,823.


Official website here: www.moodygardens.com/attractions/colonel_padd

Who are the executives of Colonel Museum Inc and what are their salaries?


Here are 5 key members and their salaries:


E Douglas Mcleod (Vice-Pres)
  • Compensation: $2,450
  • Related: $12,550
  • Other: $0
Joy Cowan (Vice-Pres)
  • Compensation: $2,450
  • Related: $0
  • Other: $0
Charles Milos (Sec/Trea)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
E Vince Matthews Iii (Chairman/Pres)
  • Compensation: $1,750
  • Related: $0
  • Other: $0
Gene Lucas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moodygardens.com/attractions/colonel_padd

Where can I find the form 990 for Colonel Museum Inc?

Colonel Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.moodygardens.com/attractions/colonel_padd

Learn more at the official website: www.moodygardens.com/attractions/colonel_padd

Mission Statement of Colonel Museum Inc

Colonel Museum Inc, a unique nonprofit organization, is dedicated to preserving and showcasing the history of paddlewheel transportation in Texas. The heart of their mission lies in the operation of a museum, which is conveniently situated aboard a paddlewheel boat. The exhibits within this floating historical attraction provide an immersive and informative journey through the past, offering visitors a glimpse into the significant role paddlewheels played in Texas's transportation history. By managing and operating this one-of-a-kind museum, Colonel Museum Inc works tirelessly to educate and engage the public in the rich heritage of this mode of transportation.

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Impact




July, 2024

Colonel Museum Inc's impact lies in preserving and showcasing the rich history of paddlewheel transportation in Texas through its unique museum located aboard a paddlewheel boat. By offering diverse exhibits and educational opportunities, the museum serves to educate visitors about this important aspect of Texas history and enrich their understanding of the state's cultural heritage. Through its engaging displays and immersive experiences, Colonel Museum Inc contributes to the preservation and promotion of arts and historical knowledge related to paddlewheel transportation in Texas, ensuring that this distinctive heritage is appreciated and remembered for generations to come.




This information is meant to be a general summary of Colonel Museum Inc. 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.

Revenue
$712,823 (2022)
Expenses
$965,134 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $116
  • Program Service Revenue: $583,909
  • Gross Receipts: $744,014

Assets and Liabilities:

  • Total Assets: $1,056,905
  • Total Liabilities: $482,124
  • Net Assets: $574,781

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS

Revenue

$474,256

CHARTERS

Revenue

$109,653

Organization Details

Founding Year

1985

Principal Officer

Robert Callies

Main Address

ONE HOPE BLVD, GALVESTON, TX, 77554

NTEE Category

Code: A540 - Arts

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