Historic Preservation Partners Inc
- Assets
- $51.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Topeka, KS
- Founding
- 11/2009
- Data as of
- 12/2018
- EIN
- 26-3189080
Organization Overview
Historic Preservation Partners Inc is located in Topeka, KS. The organization was established in 2009. 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 12/2018, Historic Preservation Partners Inc employed 4 individuals. Historic Preservation Partners 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 12/2018, Historic Preservation Partners Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $167.5k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND FACILITATE THE PRESERVATION OF HISTORICAL STRUCTURES BY PROVIDING ASSISTANCE IN THE PLANNING AND FINANCING OF THE HISTORICAL PRESERVATION WORK AND BY ENGAGING IN AN OVERSIGHT ROLE DURING AND AFTER SUCH WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGE AND FACILITATE THE PRESERVATION OF HISTORICAL STRUCTURES BY PROVIDING ASSISTANCE IN THE PLANNING AND FINANCING OF THE HISTORICAL PRESERVATION WORK AND BY ENGAGING IN AN OVERSIGHT ROLE DURING AND AFTER SUCH WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Kready President/secretary | OfficerTrustee | 10 | $45,000 |
Debra Ricks Secretary/treasurer | OfficerTrustee | 4 | $33,000 |
Ross Freeman Chairman | OfficerTrustee | 4 | $32,000 |
John Appel Assistant Secretary/treasu | OfficerTrustee | 4 | $27,000 |
Kathy Morgan Director | Trustee | 1 | $0 |
Brenda Spencer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,100,049 |
| Investment income | $1,126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,101,175 |
| 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. | $137,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,000 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $167,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,076 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,678 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,136,081 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,239 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $44,646,515 |
| Intangible assets | $0 |
| Other assets | $50 |
| Total assets | $51,822,639 |
| Accounts payable and accrued expenses | $4,471 |
| 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 | $4,471 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $51,818,168 |
Grants Awarded
Over the last fiscal year, Historic Preservation Partners Inc has awarded $11,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE DODGE THEATRE FOUNDATION PURPOSE: PRESERVATION OF HISTORIC PROPERTY | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central City Opera House Association Wheat Ridge, CO | $4,003,841 | $11,954,405 |
Railroad Heritage Inc Topeka, KS | $0 | $93,486 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Oklahoma Hall Of Fame Inc Oklahoma City, OK | $15,367,222 | $1,723,507 |
Boulder Historical Society Inc Boulder, CO | $19,392,062 | $1,254,110 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Aspen Historical Society Aspen, CO | $4,847,508 | $1,684,558 |
Historic Denver Inc Denver, CO | $2,418,830 | $1,380,558 |
Reno County Historical Society Inc Hutchinson, KS | $3,503,788 | $1,428,936 |
Nebraska State Historical Society Foundation Lincoln, NE | $17,627,220 | $2,353,385 |
Cherokee National Historical Society Inc Tahlequah, OK | $2,426,107 | $954,302 |