Friends Of Lincolnville Inc
- Assets
- $849.8k
- Revenue
- $305.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Saint Augustine, FL
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 03-0487824
Organization Overview
Friends Of Lincolnville Inc is located in Saint Augustine, FL. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Friends Of Lincolnville Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Lincolnville 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 12/2023, Friends Of Lincolnville Inc generated $305.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $272.0k during the year ending 12/2023. While expenses have increased by 18.3% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS NONPROFIT ORGANIZATIONS MISSION IS TO PRESERVE, PROMOTE AND PERPETUATE AFRICAN AMERICAN HISTORY/HERITAGE IN LINCOLNVILLE, ST. JOHNS COUNTY (FL), AND NORTHEAST FLORIDA THROUGH THE ARTS, FILM, EDUCATIONAL PROGRAMS, LECTURES, REENACTMENTS, EXHIBITS AND CULTURAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE MUSEUM AS WELL AS THE GOALS AND OBJECTIVES, PROGRAMS AND ACTIVITIES OF FRIENDS OF LINCOLNVILLE, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Phillips President/dir | OfficerTrustee | 15 | $0 |
Loren Darden Vice President/dir | OfficerTrustee | 5 | $0 |
Mary Stroman Treasurer | OfficerTrustee | 4 | $0 |
Jean Swann Secretary/dir | OfficerTrustee | 5 | $0 |
Judith Liphardt Director | Trustee | 1 | $0 |
Kenneth Mcclain Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,466 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,689 |
| Noncash contributions included in lines 1a–1f | $41,045 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,933 |
| Total Program Service Revenue | $86,519 |
| Investment income | $210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,978 |
| Net Income from Fundraising Events | $13,931 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,509 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,200 |
| Compensation of current officers, directors, key employees. | $34,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,400 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,498 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,652 |
| Office expenses | $2,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,977 |
| Travel | $88 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,505 |
| Insurance | $3,946 |
| All other expenses | $40,310 |
| Total functional expenses | $271,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,724 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $658,950 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,135 |
| Total assets | $849,809 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $139 |
| Total liabilities | $139 |
| Net assets without donor restrictions | $0 |
| 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 | $849,670 |
| Total liabilities and net assets/fund balances | $849,809 |