Atlanta Preservation Center Inc 401
- Assets
- $1.4m
- Revenue
- $114.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 03/1980
- Data as of
- 06/2022
- EIN
- 58-1387857
Organization Overview
Atlanta Preservation Center Inc 401 is located in Atlanta, GA. The organization was established in 1980. 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 06/2022, Atlanta Preservation Center Inc 401 employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Preservation Center Inc 401 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, Atlanta Preservation Center Inc 401 generated $114.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $235.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ATLANTA PRESERVATION CENTER INC WORKS TO PRESERVE ATLANTA'S HISTORIC BUILDINGS, NEIGHBORHOODS AND LANDSCAPES, THROUGH EDUCATION AND ADVOVACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER EDUCATES METRO AREA RESIDENTS AND VISITORS OF ALL AGES ABOUT THE BENEFITS OF PROTECTING AND REDEVELOPING HISTORIC STRUCTURES THROUGH GUIDED WALKING TOURS, SCHOOL PROGRAMS, LECTURES, AND ART EXHIBITS, BOOK SIGNINGS, SEMINARS ON PRESERVATION PRACTICES AND HISTORIC TAX INCENTIVES, AND A THREE WEEK LONG FESTIVAL, "THE PHOENIX FLIES: A CELEBRATION OF ATLANTA'S HISTORIC SITES" WITH OVER 100 PRSERVATION PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Y Mitchell Executive Director | Officer | 40 | $77,000 |
John T Williams Treasurer | OfficerTrustee | 2 | $0 |
Amanda Rhein Vice President | OfficerTrustee | 2 | $0 |
Courntey Smith Secretary | OfficerTrustee | 2 | $0 |
Ian M Rogers President | OfficerTrustee | 2 | $0 |
Bryan M Grant III Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $38,344 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,935 |
| Total Program Service Revenue | $15,557 |
| Investment income | -$64,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,125 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,610 |
| 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. | $77,000 |
| Compensation of current officers, directors, key employees. | $25,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,484 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $960 |
| Fees for services: Accounting | $25,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,000 |
| Office expenses | $12,065 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,370 |
| 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 | $18,798 |
| Insurance | $0 |
| All other expenses | $18,483 |
| Total functional expenses | $235,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,233 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,607 |
| 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 | $6,323 |
| Net Land, buildings, and equipment | $617,295 |
| Investments—publicly traded securities | $659,198 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,381,656 |
| Accounts payable and accrued expenses | $9,760 |
| Grants payable | $0 |
| Deferred revenue | $1,236 |
| 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 | $10,996 |
| Net assets without donor restrictions | $1,283,603 |
| Net assets with donor restrictions | $87,057 |
| 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 | $1,381,656 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Atlanta Preservation Center Inc 401 has recieved totaling $52,686.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $26,979 |
National Society Of The Daughters Of The American Revolution Dawsonville, GA PURPOSE: FUND ACTIVITY | $15,000 |
The Roberts Foundation Founded By William C Roberts Md Charleston, SC PURPOSE: GRANT TO SUPPORT ON-GOING OPERATIONS | $5,000 |
Southern Cultural Foundation Inc Macon, GA PURPOSE: SOUTHERN CULTURAL HERITAGE | $3,000 |
2492 Fund Atlanta, GA PURPOSE: CHARITABLE | $1,500 |
Overton & Lavona Currie Foundation Atlanta, GA PURPOSE: CHARITABLE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
Historic Columbia Foundation Inc Columbia, SC | $4,152,863 | $4,740,908 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Holocaust Documentation & Education Center Inc Dania Beach, FL | $7,248,445 | $3,037,559 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
Birmingham Landmarks Inc Birmingham, AL | $19,773,714 | $5,790,152 |
Alabama Historic Ironworks Commission Mccalla, AL | $4,360,177 | $2,386,256 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |