Hilton Head Island Concours D Elegance Inc
- Assets
- $386.3k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Hilton Head Island, SC
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 02-0547759
Organization Overview
Hilton Head Island Concours D Elegance Inc is located in Hilton Head Island, SC. The organization was established in 2002. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Hilton Head Island Concours D Elegance Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hilton Head Island Concours D Elegance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hilton Head Island Concours D Elegance Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ANNUAL AUTO SHOW & MOTORING FESTIVAL LOCATED ON HILTON HEAD ISLAND, SC.
Describe the Organization's Program Activity:
PRODUCTION OF A WEEK-LONG FESTIVAL MOTOR SHOW THAT FOCUSES UPONAUTOMOBILES AND OTHER VARIOUS METHODS OF TRANSPORTATION ANDWHICH IS OPEN AND AVAILABLE TO THE GENERAL PUBLIC.
PAYMENT OF GRANTS TO LOCAL NOT-FOR-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Harrell Executive Director | OfficerTrustee | 40 | $101,888 |
Stewart Brown Chair Emeritus | OfficerTrustee | 5 | $0 |
Truitt Rabun Secretary | OfficerTrustee | 5 | $0 |
Bob Lee Treasurer | OfficerTrustee | 5 | $0 |
Meredith Harlacher Chairman | OfficerTrustee | 5 | $0 |
Mike Mcclelland Vice Chairman | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $417,915 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,915 |
| Total Program Service Revenue | $647,918 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,792 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,656 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,383,123 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,449 |
| Grants and other assistance to domestic individuals. | $2,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,888 |
| Compensation of current officers, directors, key employees. | $25,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,339 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,308 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $300,820 |
| Office expenses | $0 |
| Information technology | $20,676 |
| Royalties | $0 |
| Occupancy | $16,211 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,219 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,076 |
| All other expenses | $79,554 |
| Total functional expenses | $1,332,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341 |
| Savings and temporary cash investments | $303,432 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,534 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,958 |
| Total assets | $386,265 |
| Accounts payable and accrued expenses | $18,023 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $145,070 |
| Other liabilities | $3,383 |
| Total liabilities | $166,476 |
| Net assets without donor restrictions | $219,789 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $386,265 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hilton Head Island Concours D Elegance Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of The Lowcountry Inc Hilton Head Island, SC | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Historical Society Inc Atlanta, GA | $186,882,791 | $33,828,707 |
Bell Tower Green Inc Salisbury, NC | $2,054,412 | $2,539,569 |
Fox Theatre Inc Atlanta, GA | $106,794,461 | $20,353,110 |
The Lodges At Banning Mills Retreat And Conservation Center Inc Whitesburg, GA | $8,373,902 | $8,117,551 |
Atlanta Beltline Partnership Inc Atlanta, GA | $54,208,865 | $38,882,931 |
Historic Charleston Foundation Charleston, SC | $32,935,368 | $6,777,038 |
B J Palmer Historic Home Foundation Inc Marietta, GA | $0 | $2,223,386 |
Georgia Trust For Historic Preservation Inc Atlanta, GA | $16,904,162 | $2,663,570 |
Tamassee Dar School Tamassee, SC | $22,350,266 | $2,379,906 |
Educopia Institute Inc Atlanta, GA | $2,468,472 | $2,053,368 |
Onslow Vietnam Veterans Memorial Foundation Inc Jacksonville, NC | $30,421 | $1,665 |
Historic Oakland Foundation Inc Atlanta, GA | $10,625,800 | $4,650,035 |