Historic Yellow Springs Inc
- Assets
- $2.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Chester Springs, PA
- Founding
- 11/1973
- Data as of
- 12/2023
- EIN
- 23-1920704
Organization Overview
Historic Yellow Springs Inc is located in Chester Springs, PA. The organization was established in 1973. 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 12/2023, Historic Yellow Springs Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Yellow Springs 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 12/2023, Historic Yellow Springs Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $897.8k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SHARE, PRESERVE AND CELEBRATE THE UNIQUE LIVING VILLAGE OF YELLOW SPRINGS, PENNSYLVANIA FOCUSING ON HISTORY, ARTS, EDUCATION AND THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORIC YELLOW SPRINGS IS A LIVING VILLAGE STEEPED IN A DISTINGUISHED HISTORY, TRADITION, AND FOLKLORE THAT STIRS THE IMAGINATION OF THOSE WHO VISIT. THE VILLAGE SPANS NEARLY 300 YEARS OF AMERICAN HISTORY. TODAY, THE VILLAGE INCLUDES 11 BUILDINGS AND 142 ACRES. HYS CONTINUES TO HOST A WIDE RANGE OF FINE ART, SCULPTURE AND CERAMIC CLASSES FOR ADULTS, TEENS AND CHILDREN, BOASTS OF SOME OF THE BEST ART SHOWS IN THE AREA, CONTAINS A BEAUTIFUL VENUE FOR LECTURES, EXHIBITS, WEDDINGS AND EVENTS AND HOSTS NUMEROUS TRAILS FOR ALL WHO VISIT TO ENJOY, INCLUDING PASSING THE REVOLUTIONARY WAR HOSPITAL COMMISSIONED BY THEN GENERAL WASHINGTON.
HISTORIC BUILDINGS AND STRUCTURES DATING AS FAR BACK AS THE 1750S ARE PRESERVED, MAINTAINED AND USED BY THE ORGANIZATION. BUILDINGS INCLUDE THE WASHINGTON, THE LINCOLN, THE CHESTER SPRINGS STUDIO, THE YEAWORTH HOUSE, CONNIE'S HOUSE, THE POOL HOUSE, THE CRYSTAL DIAMOND SPRINGHOUSE AND THE JENNY LIND SPRINGHOUSE. VARIOUS BUILDINGS AND AREAS OF THE PROPERTY ARE AVAILABLE FOR EVENT RENTALS OR ARTIST RESIDENCIES. THE YEAWORTH HOUSE IS CURRENTLY BEING USED BY A LOCAL LIBRARY PURSUANT TO A LONG-TERM LEASE WITH THE ORGANIZATION.
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 |
|---|---|---|---|
Mark Ashton President | Officer | 5 | $0 |
William Lacoff Vice Preside | Officer | 1 | $0 |
Robert Willson Vice Preside | Officer | 1 | $0 |
Ed Meltzer Treasurer | Officer | 3 | $0 |
Chuck Kedra Secretary | Officer | 1 | $0 |
Stephen P Cottone Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,975 |
| Fundraising events | $61,123 |
| Related organizations | $0 |
| Government grants | $37,925 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,831 |
| Noncash contributions included in lines 1a–1f | $55,228 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,854 |
| Total Program Service Revenue | $494,601 |
| Investment income | $36,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $153,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,044,435 |
| 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. | $80,221 |
| Compensation of current officers, directors, key employees. | $48,133 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,048 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,487 |
| Payroll taxes | $25,884 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,193 |
| Advertising and promotion | $12,880 |
| Office expenses | $36,577 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,159 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,682 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,974 |
| Insurance | $56,156 |
| All other expenses | $52,580 |
| Total functional expenses | $897,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,936 |
| Savings and temporary cash investments | $918,962 |
| Pledges and grants receivable | $34,521 |
| Accounts receivable, net | $2,319 |
| 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 | $19,578 |
| Net Land, buildings, and equipment | $1,309,728 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,316,044 |
| Accounts payable and accrued expenses | $60,092 |
| Grants payable | $0 |
| Deferred revenue | $105,771 |
| 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 | $663,826 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $829,689 |
| Net assets without donor restrictions | $1,365,714 |
| Net assets with donor restrictions | $120,641 |
| 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 | $2,316,044 |