Foxfire Fund Inc
- Assets
- $3.6m
- Revenue
- $630.8k
- Investments
- $0.0
- Employees
- 20
- Location
- Mountain City, GA
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 23-7022599
Organization Overview
Foxfire Fund Inc, operating under the name The Foxfire Fund Inc, is located in Mountain City, GA. The organization was established in 1969. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Foxfire Fund Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foxfire Fund 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, Foxfire Fund Inc generated $630.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $540.3k 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
FOXFIRE'S MISSION IS TO PRESERVE THE DIVERSE TRADITIONS OF SOUTHERN APPALACHIA AND ADVANCE THE UNDERSTANDING AND APPRECIATION OF CULTURAL HERITAGE THROUGH PUBLIC PROGRAMS, PUBLICATIONS, AND LEARNER-CENTERED EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022 THE MUSEUM HAD OVER 10,920 VISITORS, INCLUDING SENIOR CITIZEN GROUPS, SCHOOL GROUPS, GUIDED TOURS, AND GUESTS ATTENDING OUR HERITAGE SKILLS CLASSES. IMPROVEMENTS TO BUILDINGS, SUCH AS ADDING HANDICAP ACCESSIBLE DECKING AND EXHIBIT SPACE TO THE MOOREHOUSE CABIN, WERE ACCOMPLISHED. A NEW CHILDREN'S VILLAGE WAS STARTED WITH THE ADDITION OF HISTORICALLY ACCURATE LOG STRUCTURES IN 1/4 SCALE TO REPRESENT AN APPALACHIAN LOG CABIN COMPLETE WITH A FIREPLACE, WOODSTOVE, TABLE AND CHAIRS; AND AN APPALACHIAN CHAPEL/SCHOOL HOUSE, WITH A PODIUM, BENCHES, AND A SCHOOL DESK. THESE NEW BUILDINGS WERE BUILT USING HAND HEWN LOGS, BOTH SALVAGED AND NEWLY HEWN. THE CHILDREN'S VILLAGE WAS CONSTRUCTED FOR THE PURPOSE OF HAVING AN EDUCATIONAL, HANDS-ON PLAY AREA FOR THE CHILDREN WHO VISIT THE MUSEUM WITH THEIR FAMILIES AND SCHOOL GROUPS. IT IS A VERY POPULAR AREA OF THE MUSEUM AND OFFERS CHILDREN AN OPPORTUNITY TO USE THEIR IMAGINATION TO RELIVE LIFE IN APPALACHIA.
IN 2022, THE FOXFIRE SUMMER LEADERSHIP PROGRAM HAD 10 STUDENTS PARTICIPATE, RESULTING IN THEIR COMPLETION OF SEVERAL HERITAGE SKILLS CLASSES AND INTERVIEWING CONTACTS FOR PUBLICATION OF ARTICLES IN THE STUDENT PRODUCED FOXFIRE MAGAZINE. STUDENTS COMPLETED TWO NEW ISSUES OF THE FOXFIRE MAGAZINE. SCHOLARSHIPS WERE AWARDED TO 7 POST SECONDARY STUDENTS FOR A TOTAL AMOUNT OF $17,000. WE OFFERED GUIDED EDUCATIONAL TOURS AND FIELD TRIPS TO PUBLIC, PRIVATE, AND HOMESCHOOL STUDENTS IN ADDITION TO OTHER CIVIC ASSOCIATIONS. THE PURPOSE OF THESE TOURS WAS TO EDUCATE OTHERS ON THE PRESERVATION AND VALUE OF APPLACHIAN SKILLS AND TRADITIONS.
FOXFIRE STAFF WORKED ON A NEW BOOK TITLED "THE FOXFIRE BOOK OF APPALACHIAN WOMEN", EDITING AND COMPILING FIRST HAND ACCOUNTS FROM 21 WOMEN ABOUT THEIR LIVES AND EXPERIENCES IN THE SOUTHERN APPALACHIAN MOUNTAIN COMMUNITIES. THE NEW BOOK WILL BE PUBLISHED IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Faircloth Executive Director | Officer | 40 | $61,959 |
Anne Pledger Chair/president | OfficerTrustee | 5 | $0 |
Jennifer Arbitter Vice Chair/vice President | OfficerTrustee | 5 | $0 |
Sandy Smith Treasurer | OfficerTrustee | 5 | $0 |
Kathy Thompson Secretary | OfficerTrustee | 2 | $0 |
Ted Altholz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,794 |
| Fundraising events | $12,363 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,332 |
| Noncash contributions included in lines 1a–1f | $4,110 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,489 |
| Total Program Service Revenue | $93,213 |
| Investment income | $100,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $177,717 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,649 |
| Net Income from Fundraising Events | $692 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $87,087 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $630,770 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,920 |
| Compensation of current officers, directors, key employees. | $31,460 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,082 |
| Payroll taxes | $26,035 |
| 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 | $8,100 |
| Fees for services: Other | $6,787 |
| Advertising and promotion | $6,657 |
| Office expenses | $34,260 |
| Information technology | $6,448 |
| Royalties | $0 |
| Occupancy | $40,549 |
| Travel | $8,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,039 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,987 |
| All other expenses | $0 |
| Total functional expenses | $540,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,216 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,717 |
| Accounts receivable, net | $52,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $28,175 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $196,978 |
| Investments—publicly traded securities | $3,114,852 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $67,694 |
| Total assets | $3,647,107 |
| Accounts payable and accrued expenses | $24,074 |
| 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 | $24,074 |
| Net assets without donor restrictions | $1,481,949 |
| Net assets with donor restrictions | $2,141,084 |
| 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 | $3,647,107 |