Estes Winn Blomberg Foundation Inc is located in Asheville, NC. The organization was established in 1971. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Estes Winn Blomberg Foundation 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 10/2023, Estes Winn Blomberg Foundation Inc generated $66.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $60.5k during the year ending 10/2023. While expenses have increased by 10.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ANTIQUE CAR MUSEUM IN ASHEVILLE, NC; NO ADMISSION CHARGED; "WISHING WELL" DONATIONS RECEIVED FROM GENERAL PUBLIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Blomberg President/treasurer | 1 | $0 | |
Marilyn Patton Vice President | 1 | $0 | |
Rj Robinson Asst Sec | 1 | $0 | |
Patricia Grimes Treasurer | 1 | $0 | |
Harry Patton Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,670 |
| Interest on Savings | $0 |
| Dividends & Interest | $8 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $37,662 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $5,856 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,474 |
| Total operating and administrative expenses | $60,542 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $60,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,174 |
| Savings and temporary cash investments | $1,876 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $57,115 |
| Total assets | $61,165 |
| Accounts payable and accrued expenses | -$14 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$14 |