Histroic Cabarrus Association Inc
- Assets
- $225.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Concord, NC
- Founding
- 05/1977
- Data as of
- 12/2021
- EIN
- 23-7363520
Organization Overview
Histroic Cabarrus Association Inc is located in Concord, NC. The organization was established in 1977. 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 12/2021, Histroic Cabarrus Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Histroic Cabarrus Association 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 12/2021, Histroic Cabarrus Association Inc generated $39.2k 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 (5.6%) each year. All expenses for the organization totaled $33.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCAITON OF HISTORY OF CABARRUS COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois Marlow VP | 1 | $0 | |
Alex Porter Director | 1 | $0 | |
Susan Grills Director | 1 | $0 | |
Will Swink Treasurer | 2 | $0 | |
Peg Morrison Director | 1 | $0 | |
Denise Mclain Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,734 |
| Investment income | $209 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,642 |
| Professional fees and other payments to independent contractors | $551 |
| Occupancy, rent, utilities, and maintenance | $8,415 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,605 |
| Total expenses | $33,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $225,604 |
| Other assets | $0 |
| Total assets | $225,604 |
| Total liabilities | $0 |
| Net assets or fund balances | $225,604 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Histroic Cabarrus Association Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
North Carolina Humanities Council Charlotte, NC PURPOSE: A GRANT OF $20,000 WILL ALLOW HCA TO RETURN TO NORMAL OPERATIONS, PROVIDING PAY FOR OUR TWO STAFF MEMBERS AND ALLOWING THEM TO RETURN TO NORMAL PAID HOURS FOR THE REMAINDER OF 2021. THIS AMOUNT WILL ALSO SUPPORT THE BUILDING OF THE NEXT LOCAL HISTORY EXHIBIT OPENING IN OCTOBER, AND THE DESIGN AND IMPLEMENTATION OF EDUCATIONAL ACTIVITIES AND TOURS ASSOCIATED WITH THAT EXHIBIT. IT WILL AID IN THE PUBLISHING AND DISTRIBUTION OF THE CABARRUS GOLDEN NUGGET JOURNAL FOR THE REST OF 2021. PART OF THE AMOUNT WILL SUPPORT THE LAUNCH OF THE HOPS AND HISTORY LECTURE SERIES, AS WELL AS REESTABLISHING THE LOCAL HISTORY AND GENEALOGY LECTURES THAT ARE PROVIDED AT THE CABARRUS COUNTY SENIOR CENTER FOR FREE. THIS FUNDING WILL SUPPORT HCA'S RETURN TO NORMAL AND PROMOTE OUR ABILITY TO PROVIDE A FREE EDUCATIONAL EXHIBIT AND PROGRAMMING THAT WE HAVE BEEN UNABLE TO DO WHILE CLOSED. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
Historic Columbia Foundation Inc Columbia, SC | $4,152,863 | $4,740,908 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |
Preservation Society Of Charleston Charleston, SC | $9,215,770 | $2,455,681 |