MUSEUM OF TEXAS TECH UNIVERSITY ASSOCIATION

MUSEUM OF TEXAS TECH UNIVERSITY ASSOCIATION

LUBBOCK, TX, US
501(c)(3)
EIN
75-6030627

MUSEUM OF TEXAS TECH UNIVERSITY ASSOCIATION

LUBBOCK, TX, US
501(c)(3)
EIN
75-6030627

Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024

$724,264

Government Grants
46%
Program Services
27%
Investments
11%
Other
11%
Membership Dues
5%
Contributions
0%
Fundraising Events
0%
Expenses in 2024

$518,258

Other
60%
Salaries & Benefits
35%
Fees to Service Providers
3%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$194,826
$336,347
+73%
Fundraising Events
$0
$0
-
Program Services
$205,367
$192,076
-6%
Membership Dues
$32,180
$33,400
+4%
Investments
$56,534
$83,022
+47%
Other
$18,953
$79,419
+319%
Total Revenues
$507,860
$724,264
+43%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$162,446
$180,466
+11%
Fees to Service Providers
$19,994
$17,939
-10%
Advertising & Promotion
$817
$456
-44%
Offices, Occupancy & IT
$8,580
$7,990
-7%
Interest
$0
$0
-
Depreciation
$0
$1,755
-
Other
$351,606
$309,652
-12%
Total Expenses
$543,443
$518,258
-5%
Net income
2023
2024
Change
Net income
-$35,583
+$206,006
-679%
Functional Expenses
Summary
2023
2024
Change
Program
$296,311
$256,822
-13%
Admin
$192,101
$201,043
+5%
Fundraising
$55,031
$60,393
+10%
Total Expenses
$543,443
$518,258
-5%
Income Statement
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