National Humanities Center
- Assets
- $81.6m
- Revenue
- $12.1m
- Investments
- $61.8m
- Employees
- 38
- Location
- Research Triangle Park, NC
- Founding
- 07/1977
- Data as of
- 06/2022
- EIN
- 59-1735367
Organization Overview
National Humanities Center is located in Research Triangle Park, NC. The organization was established in 1977. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, National Humanities Center employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Humanities Center 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, National Humanities Center generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $6.1m during the year ending 06/2022. While expenses have increased by 1.5% 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.
Since 2015, National Humanities Center has awarded 129 individual grants totaling $7,292,577. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL HUMANITIES CENTER SEEKS TO ENSURE THE CONTINUING STRENGTH OF THE LIBERAL ARTS AND TO AFFIRM THE IMPORTANCE OF THE HUMANITIES BY ENCOURAGING THE EXCHANGE OF IDEAS.
Describe the Organization's Program Activity:
SCHOLARLY PROGRAMS - THE CENTER IDENTIFIED TALENTED SCHOLARS TO PROVIDE FINANCIAL SUPPORT AND A STIMULATING ENVIRONMENT FOR THE BEST WORK IN THE HUMANITIES. ADDITIONAL SERVICES PROVIDED TO THE FELLOWS INCLUDE LIBRARY AND DINING SERVICES.
EDUCATION - THE CENTER DEVELOPS MODEL PROGRAMS THAT REKINDLE TEACHER'S ENTHUSIASM FOR THE HUMANITIES THEY TEACH. THESE PROGRAMS ENCOURAGE THE GROWTH OF EDUCATION PROFESSIONALS IN WAYS THAT DIRECTLY IMPACT THE CLASSROOM. THIS PROJECT-BASED APPROACH SUPPORTS THE DEVELOPMENT OF CLASSROOM-READY INSTRUCTIONAL MATERIALS, RESEARCH OPPORTUNITIES, AND LEARNING EXPERIENCES.
PUBLIC ENGAGEMENT - THROUGH PUBLIC ENGAGEMENT INTIMATELY LINKED TO SCHOLARLY AND EDUCATIONAL PROGRAMS, THE CENTER PROMOTES UNDERSTANDING OF THE HUMANITIES AND THEIR FOUNDATIONAL ROLE IN A DEMOCRATIC SOCIETY. THE CENTER COMMUNICATES WITH FELLOWS, TRUSTEES AND OTHER FRIENDS VIA THE NHC WEBSITE, SOCIAL MEDIA, INFORMATIONAL EMAIL, PODCASTING AND LIVE VIDEO STREAMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert D Newman Director And President | OfficerTrustee | 40 | $457,295 |
Stephanie Tucker Chief Financial Officer And Vice President Of Oper | OfficerTrustee | 40 | $167,121 |
Heidi Camp Vice President Of Institutional Advancement | 40 | $164,622 | |
Matthew Booker Vice President Scholarly Programs | 40 | $132,925 | |
Andy Mink Vice President Of Education Programs | 40 | $120,508 | |
Margo Francis Chief Financial Officer And Operations Director (f | OfficerTrustee | 40 | $96,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,092 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,470,921 |
| Noncash contributions included in lines 1a–1f | $19,854 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,509,013 |
| Total Program Service Revenue | $434,537 |
| Investment income | $9,192,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $580 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,139,201 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,336,950 |
| Grants and other assistance to domestic individuals. | $155,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $170,250 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $796,910 |
| Compensation of current officers, directors, key employees. | $219,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,601,661 |
| Pension plan accruals and contributions | $154,662 |
| Other employee benefits | $302,427 |
| Payroll taxes | $154,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $328,185 |
| Advertising and promotion | $11,933 |
| Office expenses | $105,781 |
| Information technology | $63,070 |
| Royalties | $0 |
| Occupancy | $203,839 |
| Travel | $266,892 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,188 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $233,922 |
| Insurance | $27,675 |
| All other expenses | $4,950 |
| Total functional expenses | $6,099,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,045,458 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,419,376 |
| Accounts receivable, net | $11,340 |
| 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 | $82,514 |
| Net Land, buildings, and equipment | $2,061,867 |
| Investments—publicly traded securities | $14,254,890 |
| Investments—other securities | $61,754,646 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,630,091 |
| Accounts payable and accrued expenses | $322,423 |
| Grants payable | $0 |
| Deferred revenue | $195,140 |
| 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 | $517,563 |
| Net assets without donor restrictions | $2,619,622 |
| Net assets with donor restrictions | $78,492,906 |
| 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 | $81,630,091 |
Grants Awarded
Over the last fiscal year, National Humanities Center has awarded $1,279,350 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Chapel Hill, NC PURPOSE: FELLOWSHIP STIPENDS | $147,500 |
UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: FELLOWSHIP STIPENDS | $113,000 |
Durham, NC PURPOSE: FELLOWSHIP STIPENDS | $111,600 |
NORTH CAROLINA CENTRAL UNIVERSITY PURPOSE: FELLOWSHIP STIPENDS | $80,000 |
New Orleans, LA PURPOSE: FELLOWSHIP STIPENDS | $80,000 |
PRAIRIE VIEW A & M UNIVERSITY PURPOSE: FELLOWSHIP STIPENDS | $80,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that National Humanities Center has recieved totaling $84,950.
| Awarding Organization | Amount |
|---|---|
James P Geiss And Margaret Y Hsu Foundation Inc Princeton, NJ PURPOSE: PROJECT AWARD - TEACHING THE MING DYNASTY: HUMANITIES IN CLASS TEACHERNOTES | $30,000 |
James P Geiss And Margaret Y Hsu Foundation Inc Princeton, NJ PURPOSE: PROJECT AWARD - SUPPORTING JOHAN ELVERSKOG AS A NATIONAL HUMANITIES CENTER GEISS HSU FOUNDATION FELLOW | $28,750 |
The Carbetz Foundation Inc Scarsdale, NY PURPOSE: GENERAL SUPPORT | $25,000 |
The Stephen And Suzanne Weiss Foundation Inc Greenwich, CT PURPOSE: GENERAL | $1,000 |
Fitzgerald Family Foundation Inc Raleigh, NC PURPOSE: GENERAL OPERATIONS | $200 |
Endowment Analysis
| Beg. Balance | $91,757,647 |
| Earnings | -$11,699,414 |
| Net Contributions | $260,218 |
| Other Expense | $2,397,050 |
| Grants | $1,662,950 |
| Ending Balance | $76,258,451 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Pan Asian Community Services Inc Atlanta, GA | $9,262,133 | $12,836,968 |
National Humanities Center Research Triangle Park, NC | $81,630,091 | $12,139,201 |
Society Of Biblical Literature Atlanta, GA | $10,314,787 | $4,003,520 |
Humanities Tennessee Nashville, TN | $634,896 | $2,324,740 |
American Helicopter Society International Inc Fairfax, VA | $2,304,770 | $2,233,027 |
Glass Packaging Institute Arlington, VA | $1,054,008 | $1,926,864 |
Georgia Humanities Council Inc Atlanta, GA | $997,177 | $1,471,358 |
Ethics Resource Center Inc Vienna, VA | $3,189,792 | $2,796,560 |
Fed Of State Humanities Councils Arlington, VA | $1,672,955 | $1,107,693 |
Mens Health Network Vienna, VA | $2,791,100 | $1,306,034 |
William Foxwell Albright Institute Of Archaeological Research In Jeru Arlington, VA | $7,417,674 | $1,199,497 |
Heart Of Appalachia Tourism Authority St Paul, VA | $476,197 | $600,749 |