Hickory Landmarks Society Inc
- Assets
- $815.8k
- Revenue
- $133.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Hickory, NC
- Founding
- 06/1968
- Data as of
- 06/2022
- EIN
- 56-6093210
Organization Overview
Hickory Landmarks Society Inc is located in Hickory, NC. The organization was established in 1968. 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 06/2022, Hickory Landmarks Society Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hickory Landmarks Society 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 06/2022, Hickory Landmarks Society Inc generated $133.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $199.3k during the year ending 06/2022. 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 MISSION OF THE HICKORY LANDMARKS SOCIETY IS TO SERVE THE HICKORY REGION BY LEADING IN THE PROTECTION OF HISTORICALLY OR ARCHITECTURALLY SIGNIFICANT LANDMARKS.
Describe the Organization's Program Activity:
MAINTENANCE OF AND EDUCATION ABOUT HISTORICAL LANDMARKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Daily Executive Director | Officer | 40 | $58,580 |
Marilyn Futrelle Board Member | OfficerTrustee | 0.25 | $0 |
Angela Lambert Board Member | OfficerTrustee | 0.25 | $0 |
Amelia Stafford Board Member | OfficerTrustee | 0.25 | $0 |
Jim Gregory Treasurer | OfficerTrustee | 0.6 | $0 |
Sam Hunt Secretary | OfficerTrustee | 0.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,420 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,223 |
| Total Program Service Revenue | $10,540 |
| Investment income | $2,220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,065 |
| Net Gain/Loss on Asset Sales | $6,673 |
| Net Income from Fundraising Events | $23,222 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $393 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $133,255 |
| 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. | $58,580 |
| Compensation of current officers, directors, key employees. | $19,527 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,370 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,581 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,764 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,040 |
| Office expenses | $455 |
| Information technology | $240 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $5,912 |
| Insurance | $6,178 |
| All other expenses | $67,973 |
| Total functional expenses | $199,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$67 |
| Savings and temporary cash investments | $13,502 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,463 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,951 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $655,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $139,275 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $815,760 |
| Accounts payable and accrued expenses | $1,226 |
| Grants payable | $0 |
| Deferred revenue | $1,350 |
| 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 | $23,815 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,391 |
| Net assets without donor restrictions | $581,970 |
| Net assets with donor restrictions | $207,399 |
| 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 | $815,760 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hickory Landmarks Society Inc has recieved totaling $23,918.
| Awarding Organization | Amount |
|---|---|
United Arts Council Of Catawba County Hickory, NC PURPOSE: ASSISTANCE WITH MAINTENANCE AND EDUCATION RELATED TO HISTORIC PROPERTIES | $17,318 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: HELP WITH THE COSTS OF REPAIRS TO THE BELL TOWER AND ROOF OF THE HISTORIC CHURCH, "HOUK'S CHAPEL." | $6,500 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $67,160 |
| Earnings | -$23,416 |
| Admin Expense | $1,669 |
| Net Contributions | $27,420 |
| Other Expense | $63,629 |
| Ending Balance | $5,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Vernon Ladies Association Of The Union Mount Vernon, VA | $342,045,360 | $38,819,933 |
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 |
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
The Lodges At Banning Mills Retreat And Conservation Center Inc Whitesburg, GA | $8,373,902 | $8,117,551 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |
Robert E Lee Memorial Association Stratford, VA | $32,464,208 | $3,400,673 |
Atlanta Beltline Partnership Inc Atlanta, GA | $54,208,865 | $38,882,931 |