History Museum Of Burke County Inc
- Assets
- $3.4m
- Revenue
- $256.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Morganton, NC
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 13-4253836
Organization Overview
History Museum Of Burke County Inc is located in Morganton, NC. The organization was established in 2003. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, History Museum Of Burke County Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. History Museum Of Burke County 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, History Museum Of Burke County Inc generated $256.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $140.9k during the year ending 12/2021. While expenses have increased by 6.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A COMMUNITY CULTURAL RESOURCE TO PRESERVE HERITAGE AND TO RECEIVE ARTIFACTS FOR THE BENEFIT, EDUCATION, AND VIEWING OF AREA CITIZENS AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE AS A COMMUNITY CULTURAL RESOURCE TO PRESERVE HERITAGE AND TO RECEIVE ARTIFACTS FOR THE BENEFIT, EDUCATION, AND VIEWING OF AREA CITIZENS AND FUTURE GENERATIONS
PRESERVATION AND ACQUISITION OF HISTORICAL ARTIFACTS, AND EDUCATING LOCAL CITIZENS AND THE GENERAL PUBLIC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Waits Gordon Chair | Officer | 4 | $0 |
Jim Brinkley Treasurer | Officer | 4 | $0 |
Sandra West Secretary | Officer | 4 | $0 |
John Green Vice Chair | Officer | 4 | $0 |
John Ahlrich Treasurer | Officer | 4 | $0 |
Debbie Bradley Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,100 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,359 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,459 |
| Total Program Service Revenue | $4,537 |
| Investment income | $42,153 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,646 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,795 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,162 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,419 |
| Advertising and promotion | $0 |
| Office expenses | $8,521 |
| Information technology | $1,828 |
| Royalties | $0 |
| Occupancy | $12,090 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,100 |
| Insurance | $7,240 |
| All other expenses | $0 |
| Total functional expenses | $140,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,030 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,500 |
| Accounts receivable, net | $396 |
| 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 | $1,234,091 |
| Investments—publicly traded securities | $2,128,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,399,393 |
| Accounts payable and accrued expenses | $7,135 |
| 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 | $0 |
| Total liabilities | $7,135 |
| Net assets without donor restrictions | $3,392,258 |
| 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 | $3,399,393 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that History Museum Of Burke County Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Burke County Morganton, NC PURPOSE: ARTS & HUMANITIES | $30,000 |
North Carolina Humanities Council Charlotte, NC PURPOSE: FUNDING IS AWARDED TO SUPPORT HUMANITIES STAFF SALARIES, OTHER FIXED OPERATING COSTS, AND PPE MATERIALS TO MAINTAIN HUMANITIES PROGRAMMING/SERVICES. FUNDING PROVIDED FOR SALARY MAY COVER FRINGE BENEFITS, BUT MAY NOT BE USED TO COVERFEDERAL OR STATE TAXES. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thomas Jefferson Foundation Inc Charlottesville, VA | $395,493,786 | $54,038,606 |
Navy Seal Foundation Inc Virginia Beach, VA | $115,540,390 | $24,207,052 |
Lorraine Civil Rights Museum Foundation Memphis, TN | $35,843,207 | $14,748,460 |
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
National Infantry Museum Foundation Inc Columbus, GA | $75,263,880 | $5,605,336 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
North Carolina Transportation Museum Foundation Spencer, NC | $11,455,078 | $7,616,895 |
Old Salem Incorporated Winstonsalem, NC | $81,707,076 | $3,795,190 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
Soulsville Memphis, TN | $9,455,990 | $2,725,171 |
Valentine Museum Richmond, VA | $31,520,182 | $4,443,441 |
George Washington Masonic National Memorial Association Inc Alexandria, VA | $22,574,581 | $2,980,400 |