Lowndes County Historical Society
- Assets
- $4.7m
- Revenue
- $71.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Valdosta, GA
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 58-1468825
Organization Overview
Lowndes County Historical Society is located in Valdosta, GA. The organization was established in 1992. 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 12/2021, Lowndes County Historical Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lowndes County Historical Society 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, Lowndes County Historical Society generated $71.4k 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 (14.2%) each year. All expenses for the organization totaled $138.9k during the year ending 12/2021. 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
DEDICATED TO PROTECTING AND PRESERVING THE RICH HISTORY OF VALDOSTA AND LOWNDES COUNTY BY MAINTAINING A MUSEUM FOR EDUCATION AND RESEARCH PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN MUSEUM THAT HOUSES PHOTOGRAPHS, ARTIFACTS, BOOKS, MEMORABILIA AND FAMILY HISTORIES RELATED TO LOWNDES COUNTY, GEORGIA. PROCEED WITH AN ONGOING CABOOSE AND OUTDOOR EXHIBIT PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally S Kurrie Recording Secretary | OfficerTrustee | $0 | |
Name Not Listed President | OfficerTrustee | $0 | |
Martha N Gibson 1st VP | OfficerTrustee | $0 | |
C E Hightower Jr Treasurer | OfficerTrustee | $0 | |
Dr Marvin T Smith Trustee | OfficerTrustee | $0 | |
Ronald Irwin Trustee | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,126 |
| Total Program Service Revenue | $23,300 |
| Investment income | $10 |
| 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 | $71,436 |
| 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. | $48,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,377 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,440 |
| Payroll taxes | $4,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,850 |
| 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 | $909 |
| Information technology | $7,734 |
| Royalties | $36,514 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $758 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,192 |
| All other expenses | $0 |
| Total functional expenses | $138,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $813,993 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,924,956 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $977,718 |
| Total assets | $4,716,817 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $4,716,817 |
| Net assets with donor restrictions | $0 |
| 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 | $4,716,817 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lowndes County Historical Society has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Barnes Foundation Inc Valdosta, GA PURPOSE: GENERAL FUND | $15,000 |
Loyce & Annette Turner Foundation Inc Valdosta, GA PURPOSE: GENERAL | $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 |