2025-11-14T13:45:07-06:00 2024-12-31 742533381 JRBT PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2024-01-01 742226522 MASONIC GRAND LODGE LIBRARY & MUSEUM OF TEXAS MASO 2547537395 PO BOX 446 WACO TX 76703 DON PAUL PAYTON TREASURER 2547537395 2025-11-04 1 1 KELSIE S JOHNSON P02091084 2547764190 2025-11-04 2024 2025-03-06 01:10:19Z DON PAUL PAYTON PO BOX 446 WACO TX 76703 798364 0 X N/A X 1981 TX TO MAINTAIN AND OPERATE A LIBRARY AND MUSEUM FOR THE GRAND LODGE OF TEXAS. 8 8 5 8 0 0 411023 363418 0 0 182457 204517 207872 230429 801352 798364 0 0 0 0 218148 224596 0 0 0 464473 505801 682621 730397 118731 67967 10107450 10835003 8781 27139 10098669 10807864 TO MAINTAIN AND OPERATE A LIBRARY AND MUSEUM FOR THE GRAND LODGE OFTEXAS. 0 0 477851 199200 MAINTENANCE AND OPERATION OF THE GRAND LODGE MASONIC LIBRARY & MUSEUM 477851 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 5 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 1 0 X THE ORGANIZATION 2547537395 715 COLUMBUS AVE WACO TX 76701 CLAUDE IRVIN DIRECTOR 0.50 X 0 0 0 BRIAN R DODSON 1ST VICE PRESIDENT 0.50 X X 0 0 0 GARY MARTIN DIRECTOR 0.50 X 0 0 0 DON PAUL PAYTON SECRETARY 10.00 X X 0 0 0 ROBERT LOFLIN 2ND VICE PRESIDENT 0.50 X X 0 0 0 RUSSELL BROWN PRESIDENT 0.50 X X 0 0 0 W SCOTT LEOPOLD SR DIRECTOR 0.50 X 0 0 0 PAUL UNDERWOOD TREASURER 0.50 X X 0 0 0 DON COMEDY DIRECTOR 0.50 X 0 0 0 BARBARA E MECHELL LIBRARIAN & MUSEUM COORDIN 40.00 X 15290 0 0 15290 0 0 0 0 0 0 0 363418 20371 363418 204517 204517 199200 0 199200 199200 199200 MISCELLANEOUS REVENUE 900099 31229 31229 31229 798364 199200 0 235746 185041 27756 157285 16697 2505 14192 22858 3429 19429 19170 19170 10929 10929 21486 21486 163754 155577 8177 178091 178091 74141 74141 MISCELLANEOUS 30253 30253 EQUIPMENT EXPENSE 6099 6099 SUPPLIES 1878 1878 730397 477851 252546 0 218000 165614 8751 19506 45221 31353 7257972 4452604 2620977 2805368 7098343 7813162 116158 0 10107450 10835003 8781 27139 8781 27139 X 7288565 7893990 2810104 2913874 10098669 10807864 10107450 10835003 67967 641228 0 X X 1 X 0 0 0 X 411164 387579 400465 411023 363418 1973649 411164 387579 400465 411023 363418 1973649 11791 1961858 401269 897117 312121 360936 403717 2375160 1019 29393 31229 61641 4410450 0.44480 0.41580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 5989717 103770 209518 6303005 5687555 169414 132748 5989717 5714469 191110 -218024 5687555 5135976 157740 420753 5714469 4861847 186254 87875 5135976 0.54000 0.45000 0.01000 0 0 169470 169470 6467071 4073496 2393575 621431 379108 242323 2805368 1428663 641229 641229 787434 10929 10929 798363 719468 0 719468 10929 10929 730397 PART V, LINE 4: THE BOARD HAS DESIGNATED FUNDS FOR THE LIBRARY AND MUSUM FUND, GIFTS, ENHANCEMENTS, BUILDING MAINTNENANCE AND OTHER PURPOSES. THE PERMANENT ENDOWMENT IS HELD IN PERPETUITY. THE EARNINGS ARE AVAILABLE FOR OPERATIONS AND CAPITAL EXPENDITURES. THE TEMPORARILY RESTRICTED FUNDS ARE HELD FOR THE PURPOSE OF BUILDING REFURBISHMENT. PART III, LINE 1A THE ORGANIZATION HAS ELECTED UNDER THE FINANCIAL STATEMENT ACCOUNTING BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 958-360-25, NOT-FOR-PROFIT ENTITIES, NOT TO REPORT IN ITS STATEMENTS OF FINANCIAL POSITION OR STATEMENTS OF ACTIVITIES WORKS OF ART, HISTORICAL TREASURES, OR SIMILIAR ASSETS HELD AS A COLLECTION. IT IS THE POLICY OF THE LIBRARY THAT MUSEUM ITEMS AND LIBRARY BOOKS SHALL BE RECORDED AT COST WHEN PURCHASED, OR AT MARKET VALUE, IF RECEIVED BY DONATION. PAST RECORDS HAVE NOT BEEN MAINTAINED REGARDING EITHER THE COSTS OR THE VALUES OF THESE ITEMS, HOWEVER. ALTHOUGH THEY HAVE SOME VALUE, THERE HAS BEEN NO EVIDENCE THAT THE LIBRARY HAS ANY INTENTION OF SELLING OR MARKETING THESE ITEMS RESULTING IN THE GENERATION OF ECONOMIC RESOURCES DIRECTLY RELATED TO THESE ASSETS. IN 2020, A BOOK DONATED MANY YEARS AGO WAS SOLD. THIS SALE WAS AN EXCEPTION TO THE LIBRARY'S POLICY AND WAS A BOOK THAT WAS NOT RELATED TO THE LIBRARY'S MASONIC OR TEXAS HISTORIC COLLECTIONS. THE LIBRARY AND MUSEUM HAS A NUMBER OF ITEMS ON EXHIBIT ON LOAN FROM MASONIC MEMBERS. THESE ITEMS ARE NOT RECORDED IN THE FINANCIAL STATEMENTS BECAUSE THEY HOLD NO MONETARY VALUE TO THE LIBRARY AND MUSEUM AND CANNOT BE SOLD. PART III, LINE 4: MASONIC AND HISTORICAL ARTIFACTS REFLECTING THE MASONIC HISTORY, RARE BOOKS OF MASONIC NATURE AND VARIOUS OTHER SUBJECTS ARE AMONG THE MANY ITEMS IN THE LIBRARY AND MUSEUM. PART V, LINE 4: RESTRICTED FUNDS ARE USED FOR LIBRARY AND MUSEUM ACQUISITIONS AND MAINTENANCE OF CURRENT ITEMS. PART X, LINE 2: THE LIBRARY IS A TAX EXEMPT ORGANIZATION FOR FEDERAL INCOME TAX PURPOSES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS LONG AS THE INCOME DERIVED IS FROM THE ACTIVITIES FOR WHICH ITS CHARITABLE EXEMPTION WAS GRANTED. UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES AT CORPORATE TAX RATES. THE LIBRARY HAD NO UNRELATED BUSINESS INCOME FOR THE SHORT YEAR ENDED DECEMBER 31, 2019 NOR IN THE YEARS ENDED OCTOBER 31, 2019 AND OCTOBER 31, 2018. THERE WERE ALSO NO UNCERTAIN TAX POSITIONS IN EITHER YEAR. THE LIBRARY'S TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER FILING. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIPS ARE PRIMARILY RECOGNITIONS OF LEVELS OF CONTRIBUTIONS, WHICH QUALIFY CONTRIBUTORS FOR 'MEMBERSHIP', E.G. $1,000 FOR FULL MEMBERSHIP, $500 FOR ASSOCIATE MEMBERSHIP, $250 FOR RECOGNITION AS A PATRON, $25 FOR RECOGNITION AS A DONOR, AND $1 AS A PRE-DONOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THE MASONIC LIBRARY AND MUSEUM ARE ELECTED BY THE MASONIC MEMBERS OF THE GRAND LODGE OF TEXAS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B IN ADDITION TO THE REVIEW PROCESS APPLIED BY THE CPA FIRM THAT PREPARES THE 990, A COPY OF FORM 990 IS GIVEN TO EACH MEMBER OF THE BOARD BEFORE IT IS FILED, AND EACH MEMBER IS RESPONSIBLE FOR ASKING QUESTIONS DEEMED APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 12C OUTSIDE AUDITING FIRM OBTAINS WRITTEN CONFIRMATION FROM BOARD MEMBERS THAT THERE ARE NO CONFLICTS. CONFLICTS WOULD BE REPORTED TO THE BOARD BY THE AUDITORS IN THEIR ANNUAL MANAGEMENT LETTER. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD DETERMINES THE PAY OF ALL EMPLOYEES OF THE MASONIC GRAND LODGE LIBRARY AND MUSEUM OF TEXAS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS