Roanoke Island Historical Association Inc
- Assets
- $10.1m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 96
- Location
- Manteo, NC
- Founding
- 01/1947
- Data as of
- 12/2021
- EIN
- 56-6002131
Organization Overview
Roanoke Island Historical Association Inc, operating under the name The Lost Colony, is located in Manteo, NC. The organization was established in 1947. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Lost Colony employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lost Colony 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, Lost Colony generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 5.8% 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 CELEBRATE AND DEPICT BY EXHIBITIONS, PAGEANTS, REPRODUCTIONS, AND BY BROADCASTING AND PUBLISHING HISTORIC NARRATIVES AND RECORDS, THE TRANSPLANTING OF ENGLISH-SPEAKING CIVILIZATION ON ROANOKE ISLAND, DARE COUNTY, NORTH CAROLINA BY SIR WALTER RALEIGH AND HIS COLONISTS IN THE YEARS 1584 TO 1587, AND THE SEVERAL EFFORTS THEN MADE TO ESTABLISH THE FIRST ENGLISH-SPEAKING COLONY IN THE NEW WORLD; TO ESTABLISH AND MAINTAIN ONE OR MORE AREAS OR SITES FOR THE PERMANENT LOCATION OF BUILDINGS AND OTHER STRUCTURES WITH THE CONVENIENT FACILITIES FOR PRESERVING A HISTORICAL BACKGROUND AND REPRESENTING THE SETTLEMENT AND HABITS OF LIFE OF THE EARLY COLONISTS; TO ESTABLISH AND MAINTAIN A MUSEUM OF INDIAN AND EARLY COLONIAL ANTIQUITIES; AND TO EFFECT ANY OTHER ACTIVITIES OR PLANS TO BE DESIGNED TO FURTHER THE PRESERVATION OF THIS CHAPTER OF NORTH CAROLINA HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAGE PRODUCTION - EACH SUMMER THE OUTDOOR DRAMA "THE LOST COLONY" IS PRODUCED FOR THE GENERAL PUBLIC BY THE ASSOCIATION.
HOUSING - THE ASSOCIATION OWNS APARTMENTS WHICH ARE RENTED TO THE CAST/STAFF MEMBERS DURING THE SUMMER PRODUCTION MONTHS.
EDUCATION AND COMMUNITY OUTREACH - THE ASSOCIATION PROVIDES EDUCATION TO ITS EMPLOYEES AND RECOGNITION AND AWARDS TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Ancona General Mana | Officer | 40 | $90,000 |
Kevin Bradley Chairman | OfficerTrustee | 5 | $0 |
Jamie Hatchell Treasurer | OfficerTrustee | 5 | $0 |
Susan Fearing Vice Chair | OfficerTrustee | 5 | $0 |
Shelby Strother Secretary | OfficerTrustee | 5 | $0 |
Ann-Cabell Baum Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $49,000 |
| Related organizations | $0 |
| Government grants | $275,937 |
| All other contributions, gifts, grants, and similar amounts not included above | $689,616 |
| Noncash contributions included in lines 1a–1f | $1,580 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,014,553 |
| Total Program Service Revenue | $1,208,467 |
| Investment income | $193,985 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $421,727 |
| Net Income from Fundraising Events | $1,195 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,839,927 |
| 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. | $90,000 |
| Compensation of current officers, directors, key employees. | $45,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $701,059 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,745 |
| Payroll taxes | $63,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,202 |
| Fees for services: Accounting | $8,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,553 |
| Fees for services: Other | $541,310 |
| Advertising and promotion | $116,215 |
| Office expenses | $2,469 |
| Information technology | $94,687 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $125,525 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,658 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,266 |
| Insurance | $37,805 |
| All other expenses | $198,082 |
| Total functional expenses | $2,653,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $572,755 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,863 |
| 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 | $49,716 |
| Net Land, buildings, and equipment | $1,620,743 |
| Investments—publicly traded securities | $7,114,792 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $762,126 |
| Total assets | $10,126,995 |
| Accounts payable and accrued expenses | $96,691 |
| Grants payable | $0 |
| Deferred revenue | $27,769 |
| 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 | $234,203 |
| Other liabilities | $392,226 |
| Total liabilities | $750,889 |
| Net assets without donor restrictions | $5,643,643 |
| Net assets with donor restrictions | $3,732,463 |
| 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 | $10,126,995 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Roanoke Island Historical Association Inc has recieved totaling $250,308.
| Awarding Organization | Amount |
|---|---|
Anonymous Trust Raleigh, NC PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $250,000 |
Jean R D And Betty Rae Hecht Charitable Foundation Inc Toms River, NJ PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF THE FOUNDATION | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Endowment Analysis
| Beg. Balance | $6,388,421 |
| Earnings | $937,071 |
| Other Expense | $207,700 |
| Ending Balance | $7,117,792 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Signature Theatre Inc Arlington, VA | $13,654,259 | $8,861,886 |
Aurora Theatre Inc Lawrenceville, GA | $10,092,561 | $4,172,461 |
Barter Foundation Incorporated State Theatre Of Virginia Abingdon, VA | $10,953,876 | $6,208,012 |
American Shakespeare Center Staunton, VA | $2,626,073 | $2,087,317 |
Childrens Theatre Of Charlotte Inc Charlotte, NC | $26,819,373 | $2,866,228 |
North Carolina Theatre Raleigh, NC | $3,174,252 | $3,580,122 |
Roanoke Island Historical Association Inc Manteo, NC | $10,126,995 | $2,839,927 |
Carolina Theatre Of Durham Inc Durham, NC | $4,096,389 | $4,794,341 |
Nashville Repertory Theatre Inc Nashville, TN | $1,810,998 | $3,171,319 |
Triad Stage Inc Greensboro, NC | $3,172,585 | $1,782,621 |
Circuit Playhouse Inc Memphis, TN | $16,830,150 | $2,686,872 |
Cumberland County Playhouse Inc Crossville, TN | $3,086,163 | $3,321,582 |