Charlotte Museum Of History Inc
- Assets
- $7.1m
- Revenue
- $53.6k
- Investments
- $3.7m
- Employees
- 7
- Location
- Charlotte, NC
- Founding
- 06/1972
- Data as of
- 06/2022
- EIN
- 23-7125613
Organization Overview
Charlotte Museum Of History Inc is located in Charlotte, NC. The organization was established in 1972. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Charlotte Museum Of History Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Museum Of History 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 06/2022, Charlotte Museum Of History Inc generated $53.6k 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 (24.7%) each year. All expenses for the organization totaled $814.8k during the year ending 06/2022. 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 CHARLOTTE MUSEUM OF HISTORY EDUCATES A BROAD PUBLIC AUDIENCE ABOUT THE FOUNDING STORY OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL ADMISSION. THE MUSEUM IS OPEN TO THE PUBLIC FIVE DAYS PER WEEK FOR GENERAL ADMISSION TO THE MUSEUM'S ART AND HISTORY EXHIBITIONS, AS WELL AS FOR GUIDED TOURS OF MECKLENBURG COUNTY'S OLDEST HOME, THE HEZEKIAH ALEXANDER HOMESITE.
K-12 FIELD TRIPS. EACH YEAR, THOUSANDS OF LOCAL STUDENTS FROM GRADES K-12 PARTICIPATE IN A SERIES OF EDUCATIONAL PROGRAMS BOTH AT THE MUSEUM AND OFFSITE (OUTREACH PROGRAMS). PROGRAMS EXPLORE THE HISTORY OF OUR REGION THROUGH A SERIES OF INTERACTIVE JOURNEYS. THE 1774 HEZEKIAH ALEXANDER HOMESITE AND THE MUSEUM'S COLLECTION OF UNIQUE ARTIFACTS TELL THE STORY OF CHARLOTTE'S GROWTH FROM A SLEEPY HAMLET IN THE CAROLINA BACKCOUNTRY TO THE MAJOR METROPOLITAN CITY IT IS TODAY, ENABLING STUDENTS TO MEANINGFULLY ENGAGE IN LOCAL HISTORY THROUGH HANDS-ON EXPERIENCES.
SPECIAL EDUCATIONAL EVENTS FOR THE PUBLIC. THE MUSEUM OFFERS A SERIES OF EDUCATIONAL EVENTS FOR K-12 AND ADULT AUDIENCES THROUGHOUT THE YEAR. IN FY 19, THIS INCLUDED A SERIES OF FREE FAMILY DAYS (CONNECT WITH CULTURE DAY, A NEW AFRICAN-AMERICAN HERITAGE FESTIVAL, TWELFTH NIGHT CELEBRATION), FREE ADULT PROGRAMS (CITY WALKS NEIGHBORHOOD WALKING TOURS IN PARTNERSHIP WITH UNCC'S URBAN INSTITUTE; A WWI LECTURE SERIES IN PARTNERSHIP WITH THE CHARLOTTE MECKLENBURG LIBRARY, AND THE RON HANKINS "HISTORY TALKS" LECTURE SERIES), AS WELL AS EVENTS THAT WERE FREE WITH GENERAL ADMISSION (HOLIDAYS AND THE HOMESITE, CHAMPIONS OF HISTORY DAY, AND MECK DEC DAY). SOME OF OUR PAID EDUCATIONAL EVENTS INCLUDED THE TEAS OF THE BRITISH ISLES SERIES, COLONIAL GEM, THE MAD ABOUT MODERN HOME TOUR, AND THE CIVIL WAR SYMPOSIUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanie Cottingham Trustee | Trustee | 18 | $0 |
Dee Dixon Chair | Trustee | 18 | $0 |
Dr Hugh Dussek Secretary | Trustee | 18 | $0 |
Fannie Flono Trustee | Trustee | 18 | $0 |
Carrie Frye Trustee | Trustee | 18 | $0 |
Paul Kurzeja Trustee | Trustee | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $401,159 |
| Total Program Service Revenue | $47,389 |
| Investment income | $1,815 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,352 |
| Net Gain/Loss on Asset Sales | -$459,834 |
| Net Income from Fundraising Events | $27,535 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,203 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,619 |
| 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. | $77,100 |
| Compensation of current officers, directors, key employees. | $13,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $176,348 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,143 |
| 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 | $33,867 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,327 |
| Office expenses | $15,169 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,889 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,295 |
| Insurance | $35,986 |
| All other expenses | $70,975 |
| Total functional expenses | $814,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,052 |
| Savings and temporary cash investments | $282,043 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,089 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,556 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,570,068 |
| Investments—publicly traded securities | $263,363 |
| Investments—other securities | $3,699,049 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $176,398 |
| Total assets | $7,063,618 |
| Accounts payable and accrued expenses | $17,995 |
| Grants payable | $0 |
| Deferred revenue | $19,583 |
| 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 | $63,441 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $150,023 |
| Total liabilities | $251,042 |
| Net assets without donor restrictions | $2,384,913 |
| Net assets with donor restrictions | $4,427,663 |
| 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 | $7,063,618 |