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Filing year 2024

MCT ENDOWMENT CORPORATION

Midland, Texas·EIN 83-0754325·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$499k
Total assets
$9.1M
Total expenses
$185k
Reported officers
8
Mission

MCTEC is organized to oversee, manage and grow the endowment resources for thelong-term stability and sole benefit of the Midland Community Theatre of Midland, Texas and is an organization no part of the net earnings of which inures to benefit any private shareholder, member or individual, no substantial part of the activities of which is carrying propaganda, or othenvise attempting to influence legislation, and which does not participate in or intervene in any political campaign on behalf of any candidate for public office.

Reported officers (all unpaid)

No paid executives reported in 2024. MCT ENDOWMENT CORPORATION reported 8 unpaid officers and board members on its 990.

Director
Treasurer
Director
Director
President
Director
Director
Director
Financial trend

Revenue and expenses over time

MCT ENDOWMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$531k
$237k
2023
$499k
$185k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

MCT ENDOWMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about MCT ENDOWMENT CORPORATION

What are MCT ENDOWMENT CORPORATION's revenue and expenses?

In 2024, MCT ENDOWMENT CORPORATION reported $499k in total revenue and $185k in total expenses on its IRS Form 990.

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