Georgia Trust For Historic Preservation Inc is located in Atlanta, GA. The organization was established in 1974. 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 03/2023, Georgia Trust For Historic Preservation Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Trust For Historic Preservation 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 03/2022, Georgia Trust For Historic Preservation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.4m during the year ending 03/2022. While expenses have increased by 5.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GEORGIA TRUST WORKS FOR THE PRESERVATION AND REVITALIZATION OF GEORGIA'S DIVERSE HISTORIC RESOURCES AND ADVOCATES FOR THEIR APPRECIATION, PROTECTION, AND USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST OPERATES A REVOLVING FUND USED TO PURCHASE, STABILIZE, AND/OR REHABILITATE, AND THEN RESELL HISTORIC PROPERTIES TO PRESERVATION-MINDED BUYERS. IN ADDITION, THE ORGANIZATION PLACES AND ADMINISTERS SEVENTY-SEVEN PRESERVATION EASEMENTS ON SITES THROUGHOUT THE STATE OF GEORGIA. ANNUALLY, THE TRUST PUBLISHES AND PROMOTES A LIST OF TEN HISTORIC SITES THREATENED BY DEMOLITION, NEGLECT, LACK OF MAINTENANCE, OR INAPPROPRIATE DEVELOPMENT CALLED PLACES IN PERIL. THE INTENTION IS TO ENCOURAGE OWNERS TO PRESERVE THESE PLACES. THE GEORGIA TRUST ALSO PRESENTS PRESERVATION AWARDS ANNUALLY WHICH RECOGNIZE EXCELLENCE IN PRESERVATION, RESTORATION, AND STEWARDSHIP. DURING THE FISCAL YEAR, FIFTEEN AWARDS WERE GIVEN INCLUDING FIVE FOR EXCELLENCE IN REHABILITATION AND THREE FOR EXCELLENCE IN STEWARDSHIP. LOOKING FORWARD, THE TRUST WILL INCLUDE IN ITS PRESERVATION EFFORTS SUSTAINABILITY WITH A CERTIFICATION PROGRAM CALLED GEORGIA TRUST GREEN TO PROMOTE ENVIRONMENTAL SUSTAINABILITY IN HISTORIC HOMES ACROSS THE STATE.
THE GEORGIA TRUST OWNS THE HAY HOUSE IN MACON, GEORGIA AND ACTIVELY PRESERVES AND MANAGES THIS MUSEUM HOUSE FOR PUBLIC BENEFIT. THIS SITE ENCOURAGES AN UNDERSTANDING OF HISTORIC PRESERVATION AND HISTORY BY ALLOWING VISITORS TO TOUR THE PROPERTY AND ENGAGE IN SITE-BASED EDUCATION. DURING THE YEAR, OVER 20,000 INDIVIDUALS TOURED THE HAY HOUSE PROPERTY. THE GEORGIA TRUST LEASES RHODES MEMORIAL HALL FROM THE STATE OF GEORGIA UNDER A RENEWED OPERATING LEASE FOR 10 PER YEAR. THE LEASE BEGAN ON SEPTEMBER 12, 2011 AND EXPIRES ON JUNE 30, 2060. THE ORGANIZATION USES RHODES MEMORIAL HALL AS ITS HEADQUARTERS AND FOR THE BENEFIT OF THE PUBLIC AS A MUSEUM, EXHIBIT AND LECTURE HALL FACILITY, ETC. FOR THE PURPOSE OF PROMOTING THE APPRECIATON AND PRESERVATION OF THE CULTURAL HERITAGE OF GEORGIA.
THE ORGANIZATION ENCOURAGES AN UNDERSTANDING OF HISTORIC PRESERVATION THROUGH ITS HISTORIC PRESERVATION INSTITUTE AND ALSO THROUGH CONFERENCES, SEMINARS, COMMUNICATIONS, AND INTERNSHIPS. DURING THE FISCAL YEAR, 363 INDIVIDUALS ATTENDED 12 DIFFERENT CLASSES OFFERED ON HISTORIC PRESERVATION. THE RAMBLER, A QUARTERLY MAGAZINE, STIMULATES INTEREST, EDUCATES, AND FACILITATES PARTICIPATION IN HISTORIC PRESERVATION. TWICE A YEAR THE GEORGIA TRUST HOSTS GROUP TOURS OF HISTORIC SITES IN VARIOUS REGIONS OF THE STATE CALLED RAMBLES. THIS ON-SITE EXPERIENCE ALLOWS THE PARTICIPANTS TO LEARN ABOUT THE SITES EXPERIENTIALLY, GAIN A DEEPER UNDERSTANDING OF PRESERVATION TECHNIQUES, AND ON-GOING PRESERVATION EFFORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark C Mcdonald President & | Officer | 40 | $230,500 |
Tiffany Alewine Vice Chair | OfficerTrustee | 1 | $0 |
John Allan Board Member | Trustee | 1 | $0 |
William Baker Board Member | Trustee | 1 | $0 |
Demarius V Brinkley Board Member | Trustee | 1 | $0 |
Jim Bynum Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $361,391 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $131,000 |
All other contributions, gifts, grants, and similar amounts not included above | $729,605 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,221,996 |
Total Program Service Revenue | $131,306 |
Investment income | $247,146 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $265,636 |
Net Gain/Loss on Asset Sales | $532,967 |
Net Income from Fundraising Events | $210,591 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $17,218 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,663,570 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $31,900 |
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. | $253,000 |
Compensation of current officers, directors, key employees. | $37,950 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $676,386 |
Pension plan accruals and contributions | $26,232 |
Other employee benefits | $66,132 |
Payroll taxes | $64,811 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $39,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $40,791 |
Fees for services: Other | $15,567 |
Advertising and promotion | $16,164 |
Office expenses | $81,868 |
Information technology | $57,325 |
Royalties | $0 |
Occupancy | $706,287 |
Travel | $10,152 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,067 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $258,220 |
Insurance | $45,456 |
All other expenses | $2,801 |
Total functional expenses | $2,395,909 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $738,713 |
Savings and temporary cash investments | $1,155,169 |
Pledges and grants receivable | $196,234 |
Accounts receivable, net | $9,187 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,062 |
Prepaid expenses and deferred charges | $87,220 |
Net Land, buildings, and equipment | $5,142,911 |
Investments—publicly traded securities | $9,564,666 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,904,162 |
Accounts payable and accrued expenses | $133,854 |
Grants payable | $0 |
Deferred revenue | $375,616 |
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 | $3,608 |
Total liabilities | $513,078 |
Net assets without donor restrictions | $12,160,133 |
Net assets with donor restrictions | $4,230,951 |
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 | $16,904,162 |
Over the last fiscal year, Georgia Trust For Historic Preservation Inc has awarded $21,250 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
HISTORIC MACON FOUNDATION PURPOSE: PRESERVATION | $7,750 |
GEORGIA'S OLD CAPITOL HERITAGE CENT PURPOSE: PRESERVATION | $6,000 |
CHERRY GROVE SCHOOL PURPOSE: PRESERVATION | $7,500 |