Lincoln Collection Endowment
- Assets
- $10.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 09/2009
- Data as of
- 12/2023
- EIN
- 27-0530027
Organization Overview
Lincoln Collection Endowment is located in Fort Wayne, IN. The organization was established in 2009. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Lincoln Collection Endowment 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, Lincoln Collection Endowment generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $313.3k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 5 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
THE ORGANIZATION IS A PERPETUAL TRUST ORGANIZED TO PROVIDE FINANCIAL SUPPORT FOR THE ABRAHAM LINCOLN COLLECTION CONSISTING OF BOTH TWO AND THREE DIMENSIONAL ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL SUPPORT TO THE FRIENDS OF THE LINCOLN COLLECTION OF INDIANA, INC. FOR MANAGEMENT SERVICES, LINCOLN SCHOLAR PROGRAM SERVICES, PRODUCTION AND DISTRIBUTION OF THE LINCOLN LORE PUBLICATION, AND PRESENTATION OF LECTURE SERIES PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Benedict Trustee | Trustee | 0.15 | $0 |
Patrick Chasey Trustee | Trustee | 0.15 | $0 |
Sherry Hardy Secretary/trustee | OfficerTrustee | 0.5 | $0 |
Ris Taylor Chairperson/trustee | OfficerTrustee | 1 | $0 |
Todd Stephenson Trustee | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $165,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,499 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,499 |
| Total Program Service Revenue | $0 |
| Investment income | $302,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $544,900 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,065,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| 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 | $2,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,553 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20 |
| 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 | $7,173 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $313,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $160,400 |
| 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 | $9,826,970 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,084,982 |
| 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 | $2,448,329 |
| Net assets with donor restrictions | $7,636,653 |
| 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 | $10,084,982 |
Grants Awarded
Over the last fiscal year, Lincoln Collection Endowment has awarded $419,611 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEN COUNTY PUBLIC LIBRARY PURPOSE: Program assistance | $153,606 |
FRIENDS OF THE LINCOLN COLLECTION OF INDIANA INC PURPOSE: Program assistance | $128,303 |
ALLEN COUNTY PUBLIC LIBRARY PURPOSE: Lincoln Center construction | $137,702 |