2025-11-17T09:26:06-06:00 2024-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2024-01-01 843891903 DPM ASSET MANAGEMENT INC DPMA 2547571024 300 S 5TH ST WACO TX 76701 CHRIS DYER PRESIDENT 2547571024 2025-11-14 1 1 SHARON M HERWALD CPA P00079864 2547724901 2024 2025-03-06 01:10:19Z CHRIS DYER 300 S 5TH ST WACO TX 76701 891429 0 X N/A X 2019 TX TO HOLD TITLE TO PROPERTY, COLLECT INCOME THEREFROM, AND TURN OVER THE ENTIRE AMOUNT, LESS EXPENSES TO THE DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE. 5 4 0 0 0 0 0 0 0 0 1451 7845 498246 464054 499697 471899 0 0 0 0 0 0 0 0 0 35218 17610 35218 17610 464479 454289 5562151 6011504 275331 270395 5286820 5741109 TO HOLD TITLE TO PROPERTY, COLLECT INCOME THEREFROM, AND TURN OVER THE ENTIRE AMOUNT, LESS EXPENSES TO THE DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE. 0 0 TITLE HOLDING SERVICES 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X DEDRIA BROWN 2547571024 300 S 5TH ST WACO TX 76701 CHRIS DYER PRESIDENT 3.00 40.00 X X 0 171570 13640 STEWART KELLY DIRECTOR 1.00 X 0 0 0 GEORGE CHASE DIRECTOR 1.00 X 0 0 0 MARCUS BROOKS DIRECTOR 1.00 X 0 0 0 JAMES CLIFTON DIRECTOR 1.00 X 0 0 0 JOY SUMMAR-SMITH SECRETARY 5.00 35.00 X 0 89313 4481 JEWELL ARMSTRONG JAN-MAR TREASURER 5.00 35.00 X 0 28569 2192 0 289452 20313 0 0 1 0 0 7845 7845 883584 419530 464054 464054 464054 471899 464054 0 7845 X 6085 6085 5401 5401 110 110 PHONE 3058 3058 MISCELLANEOUS EXPENSE 2182 2182 DUES AND SUBSCRIPTIONS 774 774 17610 0 17610 0 344194 176547 215687 9398447 3951018 5217957 5447429 0 171841 5562151 6011504 12993 663 258967 241502 3371 28230 275331 270395 X 5286820 5741109 5286820 5741109 5562151 6011504 454289 0 X X 0 0 0 778314 778314 8395394 3912080 4483314 224739 38938 185801 5447429 DUE TO MUSEUM 28230 28230 X PART X, LINE 2: THE DR. PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE IS AN ORGANIZATION GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), THOUGH IT WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES (UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC). DPM ASSET MANAGEMENT, INC. IS AN ORGANIZATION GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(2) OF THE IRC. THE DR. PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE AND DPM ASSET MANAGEMENT, INC. HAVE CONCLUDED THAT NO TAX BENEFITS OR LIABILITIES SHOULD BE RECOGNIZED IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("GAAP"). THE LAST THREE TAX YEARS REMAIN OPEN TO EXAMINATION BY TAXING AUTHORITIES. DP MUSEUM ENTERPRISES, INC. IS A C CORPORATION FOR FEDERAL INCOME TAX PURPOSES. PROVISIONS FOR INCOME TAXES ARE BASED ON TAXES PAYABLE OR REFUNDABLE FOR THE CURRENT YEAR AND DEFERRED TAXES ON TEMPORARY DIFFERENCES BETWEEN THE AMOUNT OF TAXABLE INCOME AND PRETAX FINANCIAL INCOME AND BETWEEN THE TAX BASES OF ASSETS AND LIABILITIES AND THEIR REPORTED AMOUNTS IN THE FINANCIAL STATEMENTS. DEFERRED TAX ASSETS AND LIABILITIES ARE INCLUDED IN THE COMBINED AND CONSOLIDATED FINANCIAL STATEMENTS AT CURRENTLY ENACTED INCOME TAX RATES APPLICABLE TO THE PERIOD IN WHICH THE DEFERRED TAX ASSETS AND LIABILITIES ARE EXPECTED TO BE REALIZED OR SETTLED. AS CHANGES IN TAX LAWS OR RATES ARE ENACTED, DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED THROUGH THE PROVISION FOR INCOME TAXES. IN ADDITION, DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. THE CORPORATION DOES NOT HAVE UNCERTAIN TAX POSITIONS THAT ARE DEEMED MATERIAL AND DID NOT RECOGNIZE ANY ADJUSTMENTS FOR UNRECOGNIZED TAX BENEFITS. THE CORPORATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON INCOME TAXES IN OTHER NONINTEREST EXPENSES. THE CORPORATION REMAINS SUBJECT TO EXAMINATION FOR INCOME TAX RETURNS FOR THE PRIOR THREE YEARS. X X X 0 0 0 CHRIS DYER PRESIDENT 0 171570 0 0 0 0 0 8702 0 4938 0 185210 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER AND APPROVED BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE ANNUAL DISCLOSURE FORMS WHICH ARE REVIEWED BY MUSEUM MANAGEMENT. APPROPRIATE ACTIONS ARE TAKEN WHEN NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,085. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,085. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE 300 S 5TH ST WACO TX 76701 742497117 OPERATION OF MUSEUM TX 501(C)(3) LINE 10 0 DP MUSEUM ENTERPRISES 300 S 5TH STREET WACO TX 76701 742595972 SALES OF GENERAL MERCHANDISE TX N/A C 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE J 799224 FMV PER LEASE AGREEMENT DP MUSEUM ENTERPRISES J 84360 FMV PER LEASE AGREEMENT DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE P 81760 ACTUAL COST DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE R 102716 NET RENT BACK TO PARENT