New Bern Preservation Foundation Inc
- Assets
- $758.6k
- Revenue
- $184.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New Bern, NC
- Founding
- 06/1974
- Data as of
- 08/2023
- EIN
- 23-7376105
Organization Overview
New Bern Preservation Foundation Inc is located in New Bern, NC. The organization was established in 1974. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Bern Preservation Foundation 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 08/2023, New Bern Preservation Foundation Inc generated $184.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $119.4k during the year ending 08/2023. 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
THE NEW BERN PRESERVATION FOUNDATION'S PRIMARY MISSION IS TO SAVE HISTORIC PROPERTIES IN AND AROUND THE NEW BERN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS FORMED IN 1972 TO PREVENT THE DEMOLITION AND LOSS OF HISTORIC STRUCTURES IN DOWNTOWN NEW BERN. THE FOUNDATION HELPED TO SAVE OVER 60 HISTORIC PROPERTIES BY PURCHASING, AND IN SOME CASES, MOVING STRUCTURES. EACH STRUCTURE WAS THEN RESOLD WITH A PRESERVATION EASEMENT IN PLACE TO ENSURE THAT THE HISTORIC INTEGRITY OF A STRUCTURE WAS BEING PRESERVED.
THE FOUNDATION PROVIDES OUTREACH AND EDUCATIONAL PROGRAMS TO THE COMMUNITY AND TO PROPERTY OWNERS. THIS INCLUDES TOURS OF HISTORIC PROPERTIES AS WELL AS ONE-ON-ONE MEETINGS WITH PROPERTY OWNERS TO PROVIDE INFORMATION AND GUIDANCE ON HOW TO KINDLY UPDATE A PROPERTY WHILE PRESERVING ITS IMPORTANT HISTORIC FABRIC. THE FOUNDATION HAS COMMUNITY OUTREACH PROGRAMS AND EVENTS THROUGHOUT THE YEAR. THE FOUNDATION HAS SPONSORED AND COORDINATED THE NEW BERN ANTIQUES SHOW FOR OVER 30 YEARS. IT BRINGS TOGETHER MORE THAN THIRTY ANTIQUES DEALERS FROM THE EAST COAST. THIS IS ONE OF OUR MAJOR FUNDRAISING EVENTS AND IT GIVES US A WAY TO SHOWCASE THE MISSION OF THE FOUNDATION. THE ANTIQUE SHOW WAS NOT HELD IN 2020 DUE TO COVID-19. THE FOUNDATION IS CURRENTLY INVOLVED IN SEVERAL PRESERVATION PARTNERSHIP PROGRAMS. THE FOUNDATION HAS PARTNERED WITH NORTH CAROLINA RAILROAD AND THE CITY OF NEW BERN TO RESTORE THE UNION STATION TRAIN DEPOT IN DOWNTOWN NEW BERN. UNION STATION WAS BUILT IN 1910 AND AT ONE TIME SERVED AS A MAJOR RAIL STATION IN EASTERN NORTH CAROLINA. THE FOUNDATION HAS ALSO PARTNERED WITH KING SOLOMON LODGE 1 IN A MAJOR RESTORATION PROJECT OF A VITAL HISTORIC STRUCTURE. THE KING SOLOMON LODGE STRUCTURE, C.A. 1870, IS THE FIRST AFRICAN-AMERICAN MASONIC LODGE IN THE NORTH CAROLINA AND ONE OF THE FIRST IN THE SOUTH. IT HAS BEEN IN CONTINUAL USE AS A MASONIC LODGE SINCE IT WAS BUILT AND REPRESENTS A VITAL PIECE OF NEW BERN'S 300 YEAR HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Bates Board Member | Trustee | $0 | |
Paula Dubay Board Member | Trustee | $0 | |
Heather Greenlaw Board Member | Trustee | $0 | |
Maurice Howland Board Member | Trustee | $0 | |
Gregory Rush Board Member | Trustee | $0 | |
Georgiana Bircher President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $21,108 |
| Membership dues | $3,800 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $152,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,556 |
| Total Program Service Revenue | $0 |
| Investment income | $2,639 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,422 |
| Net Income from Fundraising Events | -$890 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $184,727 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,568 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,934 |
| Advertising and promotion | $2,246 |
| Office expenses | $2,225 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $119,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,581 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $14,559 |
| Investments—publicly traded securities | $339,458 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $758,598 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $758,598 |
| Net assets with donor restrictions | $0 |
| 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 | $758,598 |