Folk Heritage Association Of Macon
- Assets
- $267.1k
- Revenue
- $18.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, NC
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 20-4718695
Organization Overview
Folk Heritage Association Of Macon is located in Franklin, NC. The organization was established in 2006. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folk Heritage Association Of Macon 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 12/2022, Folk Heritage Association Of Macon generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $87.0k during the year ending 12/2022. 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 FOLK HERITAGE ASSOCIATIONS MISSION IS TO PROVIDE LIVING HISTORY EXPERIENCES AND TO PRESERVE THE HERITAGE OF MACON COUNTY FOR GENERATIONS TO COME. OUR MAIN PROJECTS INCLUDE THE ANNUAL FRANKLIN AREA FOLK FESTIVAL, THE WOMENS HISTORY TRAIL AND SCULPTURE PROJECT, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMENS HISTORY TRAIL AND SCULPTURE PROJECT: CELEBRATE LIVES OF LOCAL HISTORICAL WOMEN (18+ PLAQUES) ALONG A WALKING TRAIL WITH ACTIVITIES & EDUCATIONAL EVENTS. SERVES ENTIRE MACON COUNTY AREA. SOWING THE SEEDS OF THE FUTURE SCULPTURE: ON-GOING WORK ON A PUBLIC SCULPTURE (WHITE, AFRICAN AMERICAN & CHEROKEE WOMEN)
ANNUAL FRANKLIN AREA FOLK FESTIVAL: PROVIDES HANDS-ON LIVING HISTORY DEMONSTRATIONS, MUSIC & JAMMING, OLD FASHIONED KID ACTIVITIES, CRAFT DISPLAYS, RE-ENACTORS, BORDER COLLIES SHOW, TEXTILES/QUILTING, POTTERY AND HERITAGE SKILLS. 2000 ATTENDEES. FREE EVENT, FAMILY FRIENDLY
FHAMC/HERITAGE PROJECTS: 4TH GRADE HERITAGE DAYS: PROVIDE SKILL DEMONSTRATIONS TO ELEMENTARY STUDENTS; PROVIDE HERITAGE ACTIVITIES AT COWEE CHRISTMAS AND OTHER RELATED EVENTS; FHAMC: OPERATING EXPENSES SUCH AS CHAMBER MEMBERSHIP, WEBSITE COSTS, SUPPLIES, ETC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Barr Secretary | Officer | 5 | $0 |
Theresa Ramsey Treasurer | Officer | 5 | $0 |
Anne Hyder Chairperson | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,273 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,908 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,181 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $18,181 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $75 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,400 |
| Office expenses | $727 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $347 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $450 |
| All other expenses | $0 |
| Total functional expenses | $87,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,069 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,000 |
| Total assets | $267,069 |
| 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 | $0 |
| 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 | $267,069 |
| Total liabilities and net assets/fund balances | $267,069 |