Georgia Trust For Historic Preservation Inc
- Assets
- $16.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 26
- Location
- Atlanta, GA
- Founding
- 01/1974
- Data as of
- 03/2022
- EIN
- 23-7357226
Organization Overview
Georgia Trust For Historic Preservation Inc is located in Atlanta, GA. The organization was established in 1974. 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 03/2022, Georgia Trust For Historic Preservation Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Trust For Historic Preservation 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 03/2022, Georgia Trust For Historic Preservation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.4m during the year ending 03/2022. While expenses have increased by 5.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GEORGIA TRUST WORKS FOR THE PRESERVATION AND REVITALIZATION OF GEORGIA'S DIVERSE HISTORIC RESOURCES AND ADVOCATES FOR THEIR APPRECIATION, PROTECTION, AND USE.
Describe the Organization's Program Activity:
THE ORGANIZATION OWNS THE HAY HOUSE IN MACON, GEORGIA AND ACTIVELY PRESERVES AND MANAGES A MUSEUM HOUSE FOR PUBLIC BENEFIT. THIS SITE ENCOURAGES AN UNDERSTANDING OF HISTORIC PRESERVATION AND HISTORY BY ALLOWING VISITORS TO TOUR THE PROPERTY AND ENGAGE IN SITE-BASED EDUCATION. IN ADDITION, THE ORGANIZATION LEASES RHODES MEMORIAL HALL FROM THE STATE OF GEORGIA. THE ORGANIZATION USES RHODES MEMORIAL HALL AS ITS HEADQUARTERS, FOR THE BENEFIT OF THE PUBLIC AS A MUSEUM, EXHIBIT AND LECTURE HALL FACILITY, AND FOR OTHER MEANS OF PROMOTING THE APPRECIATION AND PRESERVATION OF THE CULTURAL HERITAGE OF GEORGIA.
THE ORGANIZATION ENGAGES IN SERVERAL PROGRAMS TO EDUCATE AND ENCOURAGE THE PUBLIC TO PRESERVE GEORGIA'S HISTORIC RESOURCES. THE ORGANIZATION OPERATES A REVOLVING FUND USED TO PURCHASE, STABILIZE AND/OR REHABILITATE, AND THEN RESELL HISTORIC PROPERTIES TO PRESERVATION-MINDED BUYERS. IN ADDITION, THE ORGANIZATION PLACES AND ADMINISTERS A SIGNIFICANT NUMBER OF PRESERVATION EASEMENTS ON SITES THROUGHOUT THE STATE OF GEORGIA. ANNUALLY, THE ORGANIZATION PUBLISHES AND PROMOTES A LIST OF HISTORIC SITES THREATENED BY DEMOLITION, NEGLECT, LACK OF MAINTENANCE, INAPPROPRIATE DEVELOPMENT, CALLED PLACES IN PERIL. THE INTENTION IS TO ENCOURAGE OWNERS TO PRESERVE THESE PLACES. THE ORGANIZATION ALSO PRESENTS PRESERVATION AWARDS ANNUALLY WHICH RECOGNIZE EXCELLENCE IN PRESERVATION, RESTORATION, AND STEWARDSHIP.
THE ORGANIZATION ENCOURAGES AN UNDERSTANDING OF HISTORIC PRESERVATION THROUGH ITS HISTORIC PRESERVATION INSTITUTE AND ALSO THROUGH CONFERENCES, SEMINARS, COMMUNICATIONS, AND INTERNSHIPS. TWICE A YEAR THE ORGANIZATION HOLDS RAMBLES, WHICH ARE GROUP TOURS OF HISTORIC SITES IN VARIOUS REGIONS OF THE STATE. THIS ON-SITE EXPERIENCE ALLOWS THE PARTICIPANTS TO LEARN ABOUT THE SITES EXPERIENTIALLY, GAIN A DEEPER UNDERSTANDING OF PRESERVATION TECHNIQUES AND ON-GOING PRESERVATION EFFORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark C Mcdonald President & | Officer | 40 | $253,000 |
Paul Blackney Secretary | OfficerTrustee | 1 | $0 |
Tiffany Alewine Vice Chair | OfficerTrustee | 1 | $0 |
Norris A Broyles III Chair | OfficerTrustee | 1 | $0 |
William B Peard Treasurer | OfficerTrustee | 1 | $0 |
Leslie G Callahan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $361,391 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $131,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $729,605 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,221,996 |
| Total Program Service Revenue | $131,306 |
| Investment income | $247,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $265,636 |
| Net Gain/Loss on Asset Sales | $532,967 |
| Net Income from Fundraising Events | $210,591 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,218 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,663,570 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,900 |
| 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. | $253,000 |
| Compensation of current officers, directors, key employees. | $37,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $676,386 |
| Pension plan accruals and contributions | $26,232 |
| Other employee benefits | $66,132 |
| Payroll taxes | $64,811 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,791 |
| Fees for services: Other | $15,567 |
| Advertising and promotion | $16,164 |
| Office expenses | $81,868 |
| Information technology | $57,325 |
| Royalties | $0 |
| Occupancy | $706,287 |
| Travel | $10,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,067 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $258,220 |
| Insurance | $45,456 |
| All other expenses | $2,801 |
| Total functional expenses | $2,395,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $738,713 |
| Savings and temporary cash investments | $1,155,169 |
| Pledges and grants receivable | $196,234 |
| Accounts receivable, net | $9,187 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,062 |
| Prepaid expenses and deferred charges | $87,220 |
| Net Land, buildings, and equipment | $5,142,911 |
| Investments—publicly traded securities | $9,564,666 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,904,162 |
| Accounts payable and accrued expenses | $133,854 |
| Grants payable | $0 |
| Deferred revenue | $375,616 |
| 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 | $3,608 |
| Total liabilities | $513,078 |
| Net assets without donor restrictions | $12,160,133 |
| Net assets with donor restrictions | $4,230,951 |
| 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 | $16,904,162 |
Grants Awarded
Over the last fiscal year, Georgia Trust For Historic Preservation Inc has awarded $21,250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Macon, GA PURPOSE: PRESERVATION | $7,750 |
CHERRY GROVE SCHOOL PURPOSE: PRESERVATION | $7,500 |
GEORGIA'S OLD CAPITOL HERITAGE CENT PURPOSE: PRESERVATION | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Georgia Trust For Historic Preservation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Gable Foundation Inc Atlanta, GA PURPOSE: GENERAL | $5,000 |
Endowment Analysis
| Beg. Balance | $7,751,058 |
| Earnings | $477,308 |
| Admin Expense | $28,246 |
| Net Contributions | $21,831 |
| Other Expense | $334,320 |
| Ending Balance | $7,887,631 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Historical Society Inc Atlanta, GA | $186,882,791 | $33,828,707 |
Heritage South Community Cu Shelbyville, TN | $308,780,084 | $17,719,881 |
Bell Tower Green Inc Salisbury, NC | $2,054,412 | $2,539,569 |
Fox Theatre Inc Atlanta, GA | $106,794,461 | $20,353,110 |
Vizcaya Museum And Gardens Trust Inc Miami, FL | $11,712,180 | $11,588,414 |
The Lodges At Banning Mills Retreat And Conservation Center Inc Whitesburg, GA | $8,373,902 | $8,117,551 |
Bellingrath-Morse Foundation Theodore, AL | $109,592,614 | $8,669,562 |
Thomas Edison And Henry Ford Winter Estates Inc Fort Myers, FL | $5,261,468 | $5,556,922 |
Atlanta Beltline Partnership Inc Atlanta, GA | $54,208,865 | $38,882,931 |
Roshan Institute Of Cultural Heritage Orlando, FL | $8,118,910 | $2,379,053 |
Historic Charleston Foundation Charleston, SC | $32,935,368 | $6,777,038 |
B J Palmer Historic Home Foundation Inc Marietta, GA | $0 | $2,223,386 |