Holcombe-Jimison Farmstead Inc is located in Lambertville, NJ. The organization was established in 1987. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Holcombe-Jimison Farmstead 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 12/2022, Holcombe-Jimison Farmstead Inc generated $23.3k 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 (7.4%) each year. All expenses for the organization totaled $51.8k 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
MUSEUM OF AGRICULTURE ITEMS OPEN TO THE PUBLIC INCLUDING FARM HOUSE BUILT 1711 OPEN ALL SUNDAYS MAY TO OCT WED ALL YEAR AND BY APPOINTMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OF AGRICULTURE ITEMS OPEN TO THE PUBLIC INCUDING FARM HOUSE BUILT 1711 OPEN ALL SUNDAYS MAY TO OCT WED ALL YEAR AND BY APPOINTMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Lou Carbtree Flemington, Nj | Officer | 18 | $0 |
Andy Tirpok Clinton, Nj | Officer | 2 | $0 |
Frank Barlow Flemington, Nj | Officer | 26 | $0 |
Jackie Majorssx Flemington, Nj | Officer | 16 | $0 |
Randy Neiderer Titusville, Nj | Trustee | 1 | $0 |
Michael Judkins New Hope, Pa | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,590 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,198 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,788 |
Total Program Service Revenue | $0 |
Investment income | $564 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $12,911 |
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 | $23,263 |
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 | $111 |
Fees for services: Accounting | $750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $54 |
Office expenses | $2,340 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $37,111 |
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 | $0 |
Insurance | $11,386 |
All other expenses | $0 |
Total functional expenses | $51,752 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,959 |
Savings and temporary cash investments | $213,009 |
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 | $388,879 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $623,847 |
Accounts payable and accrued expenses | $1,026 |
Grants payable | $20,000 |
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 | $21,026 |
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 | $602,821 |
Total liabilities and net assets/fund balances | $623,847 |
Over the last fiscal year, we have identified 1 grants that Holcombe-Jimison Farmstead Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
J A & H G Woodruff Jr Charitable Trust Athens, GA PURPOSE: CONTRIBUTION FOR WISH LIST | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |
The Long Island Museum Of American Art History & Carriages Stony Brook, NY | $25,489,639 | $2,528,641 |
Historical Society Of Delaware Wilmington, DE | $28,427,187 | $2,375,420 |
York County History Center York, PA | $25,136,771 | $4,285,749 |
Rosenbach Museum And Library Philadelphia, PA | $17,031,009 | $1,543,993 |
Sephardic Heritage Museum Inc New York, NY | $19,194,885 | $1,875,746 |
Fort Ligonier Association Ligonier, PA | $13,253,074 | $1,289,104 |
Old Fort Niagara Association Incorporated Youngstown, NY | $7,260,840 | $2,127,174 |
National Museum Of Industrial History Bethlehem, PA | $11,228,100 | $1,548,361 |