Wilkes Heritage Museum Incorporated
- Assets
- $2.3m
- Revenue
- $185.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Wilkesboro, NC
- Founding
- 07/1970
- Data as of
- 12/2021
- EIN
- 23-7113874
Organization Overview
Wilkes Heritage Museum Incorporated is located in Wilkesboro, NC. The organization was established in 1970. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Wilkes Heritage Museum Incorporated employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilkes Heritage Museum 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 12/2021, Wilkes Heritage Museum Incorporated generated $185.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $170.7k during the year ending 12/2021. While expenses have increased by 1.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT AND PRESERVE HISTORIC STRUCTURES, ARTIFACTS AND DOCUMENTS OF WILKES CO., NC THROUGH EXHIBITS, EDUCATIONAL PROGRAMS, PERFORMANCES, AND RESEARCH THE MUSEUM INTERPRETS THE HISTORY OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING THE WILKES HERITAGE MUSEUM, OLD WILKES JAIL AND THE CAPT. ROBERT CLEVELAND LOG HOME. THE SITES ARE OPEN TO THE PUBLIC 5 DAYS PER WEEK WITH A SMALL ADMISSION CHARGE. THE MUSEUM HAS 2 FULL-TIME EMPLOYEES AND APPROXIMATELY 60 VOLUNTEERS. REVENUE IS RECEIVED FROM GRANTS FROM THE TOWN OF WILKESBORO AND THE COUNTY OF WILKES PLUS OTHER VARIOUS SOURCES. THE MUSEUM ATTRACTS OVER 10,000 VISITORS ANNUALLY FROM NUMEROUS STATES AND FOREIGN CONTRIES.
THE ORGANIZATION MANAGES THE BLUE RIDGE MUSIC HALL OF FAME WHICH SHOWCASES AND PRESERVES THE RICH MUSICAL HERITAGE ASSOCIATED WITH THE BLUE RIDGE MOUNTAINS. THE HALL OF FAME IS A MAJOR COMPONENT OF THE MUSEUM. THERE IS A COMMITTEE THAT CONSISTS OF STAFF, BOARD MEMBERS, COMMUNITY LEADERS, MUSICIANS AND LOVERS OF MUSIC THAT IS TASKED WITH OVERSEEING NOMINATIONS AND INDUCTIONS ANNUALLY OF AT LEAST 6 PEOPLE INTO THE HALL OF FAME. AN INDUCTION CEREMONY IS HELD ANNUALLY TO RECOGNIZE THE AWARDEES. SPONSORSHIPS AND GRANTS ARE SOUGHT TO OFFSET EXPENDITURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Furr Director | Officer | 40 | $49,778 |
Ann Showalter Vice Chairperson | OfficerTrustee | 6 | $0 |
Shannon Smuggs Treasurer | OfficerTrustee | 2 | $0 |
Kathryn Steele Secretary | OfficerTrustee | 3 | $0 |
George Childers Chairperson | OfficerTrustee | 16 | $0 |
R G Absher Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,495 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,744 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,307 |
| Total Program Service Revenue | $19,484 |
| Investment income | $64 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,854 |
| Net Gain/Loss on Asset Sales | $845 |
| Net Income from Fundraising Events | $25,286 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,082 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $184,975 |
| 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. | $49,778 |
| Compensation of current officers, directors, key employees. | $6,969 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,857 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,283 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,360 |
| Office expenses | $12,404 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,309 |
| 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 | $1,063 |
| Insurance | $8,309 |
| All other expenses | $19,463 |
| Total functional expenses | $170,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,066 |
| Savings and temporary cash investments | $64,019 |
| 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 | $8,519 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $24,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,127,331 |
| Total assets | $2,286,458 |
| Accounts payable and accrued expenses | $4,250 |
| 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 | $300 |
| Total liabilities | $4,550 |
| Net assets without donor restrictions | $2,246,371 |
| Net assets with donor restrictions | $35,537 |
| 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 | $2,286,458 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wilkes Heritage Museum Incorporated has recieved totaling $1,524.
| Awarding Organization | Amount |
|---|---|
Leonard G Herring Family Foundation Inc Wilkesboro, NC PURPOSE: GENERAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Endowment Analysis
| Beg. Balance | $7,967 |
| Ending Balance | $7,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
Historic Columbia Foundation Inc Columbia, SC | $4,152,863 | $4,740,908 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |
Preservation Society Of Charleston Charleston, SC | $9,215,770 | $2,455,681 |