Modernist Archive Inc
- Assets
- $447.1k
- Revenue
- $592.4k
- Investments
- $0.0
- Employees
- 8
- Location
- Durham, NC
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-3643357
Organization Overview
Modernist Archive Inc, operating under the name Ncmodernistusmodernist - Tm, is located in Durham, NC. The organization was established in 2009. 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 12/2023, Ncmodernistusmodernist - Tm employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncmodernistusmodernist - Tm 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 12/2023, Ncmodernistusmodernist - Tm generated $592.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $563.9k during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DOCUMENTATION, PRESERVATION, AND PROMOTION OF RESIDENTIAL MODERNIST ARCHITECTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USMODERNIST.ORG AND NCMODERNIST.ORG ARE AWARD-WINNING ARCHIVES OF OVER 21,000 MODERNIST HOUSES AND 400 ARCHITECTS. THE SITES ALLOW THE PUBLIC TO REMEMBER AND PRESERVE AMERICA'S LEGACY OF INNOVATIVE DESIGN. DURING 2023 MODERNIST ARCHIVE ADDED OVER 1,000 IMPORTANT MODERNIST HOUSES TO THE ARCHIVE AND SCANNED OVER 300,000 PAGES OF ARCHITECTURE MAGAZINES. IN ADDITION TO MAINTAINING AND GROWING THE ARCHIVES, MODERNIST ARCHIVE HOSTS POPULAR MOVIES, TOURS, AND OTHER EVENTS, GIVING THE PUBLIC ACCESS TO THE MOST EXCITING RESIDENTIAL ARCHITECTURE, PAST AND PRESENT, TO PRESERVE THESE "LIVABLE WORKS OF ART" FOR FUTURE GENERATIONS. DURING 2023 MODERNIST ARCHIVE WAS INVOLVED IN MODERNIST HOUSE TOURS AND OTHER EVENT TO OVER 1000 PEOPLE AND LED TOURS TO COPENHAGEN, OSLO, BERGEN, AND PALM SPRINGS.
MODERNIST ARCHIVE CREATES A BREADTH OF AWARENESS ACROSS AMERICA BY ENGAGING MEDIA INFLUENCERS AND ACADEMIA. DURING 2023 MODERNIST ARCHIVE PRODUCED 52 NEW EPISODES OF THE LONG RUNNING PODCAST USMODERNIST RADIO, A WEEKLY NEWSLETTER GOING OUT TO OVER 35,000 PEOPLE A WEEK AND MAINTAINED A NORTH CAROLINA FOR SALE DATABASE TO PUBLICIZE AVAILABLE MORDERNIST HOUSES FOR SALE OR RENT.
MODERNIST ARCHIVE HOSTED THE 12TH ANNUAL GEORGE MATSUMOTO PRIZE FOR EXCELLENCE IN MODERNIST HOME DESIGN, A COMPETITION FOR NORTH CAROLINA HOUSES AND ARCHITECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George M Smart Jr Chairman | OfficerTrustee | 60 | $27,000 |
Sharon Glazener Vice Cair / Secretary | OfficerTrustee | 1 | $0 |
Anne Stoddard Director | Trustee | 1 | $0 |
Eleanor Stell Director | Trustee | 1 | $0 |
Caterri Woodrum Director | Trustee | 1 | $0 |
Lesley Mcadams Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,908 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,908 |
| Total Program Service Revenue | $489,693 |
| Investment income | $3,927 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,826 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $592,354 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,000 |
| Compensation of current officers, directors, key employees. | $8,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,975 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,569 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $64,470 |
| Office expenses | $3,843 |
| Information technology | $53,170 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,919 |
| 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 | $6,439 |
| All other expenses | $3,287 |
| Total functional expenses | $563,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,793 |
| Savings and temporary cash investments | $96,721 |
| 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 | $0 |
| Investments—publicly traded securities | $19,586 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $447,100 |
| Accounts payable and accrued expenses | $25 |
| 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 | $25 |
| Net assets without donor restrictions | $0 |
| 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 | $447,075 |
| Total liabilities and net assets/fund balances | $447,100 |