2025-03-31T08:17:25-05:00 2024-06-30 751056027 CONDLEY AND COMPANY LLP PO BOX 2993 ABILENE TX 796042993 990 2023-07-01 756026849 GRACE MUSEUM INC GRAC 3256734587 102 CYPRESS STREET ABILENE TX 79601 LON BIEBIGHAUSER TREASURER 3256734587 2025-02-26 1 0 JULIE R FOLWELL CPA P00523074 3256776251 2025-02-26 2023 2025-03-06 01:10:19Z THE GRACE MUSEUM LON BIEBIGHAUSER 102 CYPRESS STREET ABILENE TX 79601 2821457 0 X THEGRACEMUSEUM.ORG X 1954 TX THE GRACE MUSEUM BUILDS MULTIFACETED CONNECTIONS THROUGH NEW EXPERIENCES IN AMERICAN FINE ART AND HISTORY WITHIN THE EVOLVING TEXAS STORY THROUGH EXHIBITIONS, PROGRAMS AND COLLECTIONS. 23 23 32 160 0 0 1271603 1536517 73321 72992 119783 -33177 -173234 -214251 1291473 1362081 0 0 0 0 772564 906189 0 0 106680 1044927 919257 1817491 1825446 -526018 -463365 9035202 8995279 79515 85251 8955687 8910028 THE GRACE MUSEUM BUILDS MULTIFACETED CONNECTIONS THROUGH NEW EXPERIENCES IN AMERICAN FINE ART AND HISTORY WITHIN THE EVOLVING TEXAS STORY THROUGH EXHIBITIONS, PROGRAMS AND COLLECTIONS. 0 0 1570442 72992 HELD VARIOUS EXHIBITS, COLLECTIONS, AND EDUCATIONAL PROGRAMS. 1570442 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 26 0 1 32 1 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 X VICKI J BUTTS 3256734587 102 CYPRESS STREET ABILENE TX 79601 BEN BAILEY TRUSTEE 1.00 X 0 0 0 YVONNE BATTS TRUSTEE 1.00 X 0 0 0 AMANDA BILES TRUSTEE 1.00 X 0 0 0 GRAY BRIDWELL TRUSTEE 1.00 X 0 0 0 CADE BROWNING TRUSTEE 1.00 X 0 0 0 JULEE HAMMER TRUSTEE 1.00 X 0 0 0 JULIANNA HOLLAND TRUSTEE 1.00 X 0 0 0 JULIE JOHNCOX TRUSTEE 1.00 X 0 0 0 MISHI MATHUR TRUSTEE 1.00 X 0 0 0 JASMINE MCCABE-GOSSETT TRUSTEE 1.00 X 0 0 0 MARI MORRISON TRUSTEE 1.00 X 0 0 0 BOB NUTT TRUSTEE 1.00 X 0 0 0 AIDA PANTOJA TRUSTEE 1.00 X 0 0 0 ANDREW PENNS TRUSTEE 1.00 X 0 0 0 ANGIE ROBISON TRUSTEE 1.00 X 0 0 0 SALVADOR TORRES TRUSTEE 1.00 X 0 0 0 ROBERT TUCKER TRUSTEE 1.00 X 0 0 0 DONNA WALLS TRUSTEE 1.00 X 0 0 0 RICK WEATHERL TRUSTEE 1.00 X 0 0 0 JAMES WISER TRUSTEE 1.00 X 0 0 0 KAY ALEXANDER CHAIR 1.00 X X 0 0 0 LON BIEBIGHAUSER TREASURER 1.00 X X 0 0 0 PAT MCCLESKEY SECRETARY 1.00 X X 0 0 0 LAURA MOORE EXECUTIVE DIRECTOR 45.00 X 101661 0 13970 VICKI BUTTS FINANCE DIRECTOR 40.00 X 64806 0 4413 166467 0 18383 1 0 0 0 0 164584 133774 1238159 1536517 ADMISSIONS 712100 44135 44135 CLASSES, WORKSHOPS, ETC. 712210 28857 28857 72992 126396 126396 75980 226586 -150606 -150606 -150606 981692 899916 241349 81776 -241349 -159573 -159573 27880 133774 91525 -63645 -63645 1362081 72992 0 -247428 192227 100110 53960 38157 578483 545853 19077 13553 78996 73045 3791 2160 56483 48514 4728 3241 35068 16608 9230 9230 30588 30588 1852 1852 12987 11154 1087 746 55340 51808 1177 2355 347441 325263 7392 14786 24367 22812 518 1037 EXHIBIT EXPENSES 127895 127895 MISCELLANEOUS 62258 58285 1325 2648 MAINTENANCE & REPAIR 47057 44053 1001 2003 OTHER PUBLIC INFORMATIO 42283 42283 132121 100907 14450 16764 1825446 1570442 148324 106680 91822 121244 914004 691779 7536499 5216838 2788164 2319661 3896692 4442420 1344520 1420175 9035202 8995279 79515 85251 79515 85251 X 6194704 6046830 2760983 2863198 8955687 8910028 9035202 8995279 -463365 417706 0 X 0 1 X 1 0 X 1641709 1601631 1650614 1271603 1536517 7702074 131250 67097 147445 151055 148972 645819 1772959 1668728 1798059 1422658 1685489 8347893 0 257138 222338 78505 119290 371822 1049093 257138 222338 78505 119290 371822 1049093 7298800 107420 106715 156683 117743 126396 614957 107420 106715 156683 117743 126396 614957 1880379 1775443 1954742 1540401 1811885 8962850 0.81430 0.84360 0.06860 0.06830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1745320 1745320 1745320 1745320 1745320 1745320 1745320 1745320 1745320 1745320 1.00000 0 0 94000 94000 6252963 4520284 1732679 1189536 696554 492982 2319661 BENEFICIAL INTEREST - COMMUNITY FOUNDATION 1420175 1420175 X 2067310 417706 417706 1649604 30588 -318111 -287523 1362081 2112969 318111 318111 1794858 30588 30588 1825446 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, ART OBJECTS PURCHASED AND DONATED ARE NOT INCLUDED IN THE FINANCIAL STATEMENTS. THE COST OF ALL OBJECTS PURCHASED IS REPORTED AS A SEPARATE PROGRAM EXPENSE. PART X, LINE 2: MANAGEMENT EVALUATED THE MUSEUM'S TAX POSITIONS AND CONCLUDED THAT THE MUSEUM HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO FINANCIAL STATEMENTS. THEREFORE, NO ADJUSTMENTS HAVE BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE MUSEUM IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE US FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR THREE YEARS BEFORE THE MOST RECENT TAX FILING. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -226,586. FUNDRAISING EVENT EXPENSES -91,525. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 226,586. FUNDRAISING EVENT EXPENSES 91,525. GRACE GALA 161654 133774 27880 58960 10506 18582 3477 161654 133774 27880 58960 10506 22059 91525 -63645 X 17 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS GIVEN TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO SIGNING. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. NO REQUESTS WERE MADE DURING THE YEAR.