Historic Sugartown Incorporated is located in Malvern, PA. The organization was established in 1984. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Sugartown Incorporated 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, Historic Sugartown Incorporated generated $363.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $483.9k during the year ending 12/2023. While expenses have increased by 1.2% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF HISTORICAL PROPERTY AND DEVELOPMENT OF HISTORY-BASED EDUCATIONAL PROGRAMS FOR THE PUBLIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Nagy Jr President | 1 | $0 | |
Andrew Flaherty Vice Chair | 1 | $0 | |
Perry Teillon Secretary | 1 | $0 | |
Jennifer Saverio Treasurer | 1 | $0 | |
Carol Amplo Member | 1 | $0 | |
John Buckley Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $147,157 |
| Interest on Savings | $4,488 |
| Dividends & Interest | $9,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,011 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $171,860 |
| Total Revenue | $363,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,755 |
| Other employee salaries and wages | $82,323 |
| Pension plans, employee benefits | $20,721 |
| Interest | $0 |
| Taxes | $11,877 |
| Depreciation | $170,894 |
| Occupancy | $22,036 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,092 |
| Other expenses | $81,568 |
| Total operating and administrative expenses | $483,934 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $483,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,810 |
| Savings and temporary cash investments | $252,039 |
| Net Accounts receivable | $1,754 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,561 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,721,716 |
| Other assets | $0 |
| Total assets | $4,477,350 |
| Accounts payable and accrued expenses | $7,019 |
| Grants payable | $0 |
| Deferred revenue | $12,754 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,300 |
| Total liabilities | $29,073 |