Prescott Western Heritage Foundation Inc
- Assets
- $117.8k
- Revenue
- $138.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Prescott, AZ
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 27-3076815
Organization Overview
Prescott Western Heritage Foundation Inc is located in Prescott, AZ. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prescott Western Heritage 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 12/2023, Prescott Western Heritage Foundation Inc generated $138.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $123.7k during the year ending 12/2023. While expenses have increased by 15.7% per year over the past 6 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
OUR MISSION IS TO PRESERVE AND PROMOTE OUR WESTERN HERITAGE THROUGH EDUCATION, EVENTS, ARTS, MUSIC AND PROJECTS THAT ENHANCE OUR WESTERN LIFESTYLE MAKING YAVAPAI COUNTY A UNIQUE PLACE TO LIVE AND VISIT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WESTERN HERITAGE CENTER (WHC), LOCATED AT 156C SOUTH MONTEZUMA STREET ON HISTORICALLY SIGNIFICANT WHISKEY ROW, IS A COLLABORATION OF MORE THAN 20 MUSEUMS, HISTORICAL SOCIETIES, AND OTHER ORGANIZATIONS DEDICATED TO THE PRESERVATION AND PROMOTION OF OUR WESTERN HERITAGE. THE WHC WILL USE THE FIRST FIVE (5) EXHIBITS TO HOUSE DISPLAYS OF THE MUSEUM OF INDIGENOUS PEOPLE, ROUGH RIDERS, RODEO, SHERIFF'S OFFICE -- HISTORY OF LAW ENFORCEMENT AND THE PIPPEN MUSEUM. THESE COLLABORATIVE PARTNERS WILL EDUCATE VISITORS THROUGH THEIR ORGANIZATIONS' DISPLAYS OF HISTORIC WESTERN INDIVIDUALS AND ITEMS OF HISTORICAL IMPORTANCE, INCLUDING ARTIFACTS, MEMORABILIA, PERIOD COSTUMES, MAPS, ANCIENT INDIAN BASKETS AND ARTWORK AMONGST OTHER EDUCATIONAL INFORMATION. THESE ORGANIZATIONS ARE EXCITED TO HAVE THE OPPORTUNITY TO BE SHOWCASED IN A CENTRAL LOCATION ON WHISKEY ROW FOR TOURISTS AND LOCALS, WITH AN EMPHASIS ON YOUTH. THIS "ONE STOP" WHC WILL HELP PROMOTE THE ORGANIZATIONS BY PROVIDING INTERACTIVE ORGANIZATIONAL INFORMATION ON HOW TO VISIT THEIR SPECIFIC LOCATIONS. SOME OF THE OTHER ORGANIZATIONS INVOLVED WITH THE WHC ARE THE YAVAPAI COWBELLES, HISTORY OF RANCHING, PRESCOTT CORRAL OF WESTERNERS INTERNATIONAL, THE ARIZONA POETS GATHERING AND PRESCOTT FILM -- OVER 100 YEARS OF FILM IN YAVAPAI COUNTY.
FOUNDATION DONATED FUNDS TO VARIOUS LOCALS SCHOOLS FOR EDUCATION OUTREACH AND PROVIDED SCHOLARSHIPS TO LOCAL STUDENTS AND PROMOTED ART AND LOCAL FESTIVALS DEPICTING LOCAL WESTERN HERITAGE THROUGH ART AND MUSIC. THE FOUNDATION ALSO HOSTS SPECIAL EVENTS, SEMINARS AND WORKSHOPS FOR LOCAL STUDENTS TO VISIT WHC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Gallagher CEO | Officer | 30 | $0 |
Drew Desmond President | Officer | 20 | $0 |
Patricia Oneill Treasurer | Officer | 0 | $0 |
Colleen Wilson Vice President | Officer | 20 | $0 |
Christa Hoffman Vice President | Officer | 20 | $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 | $47,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,822 |
| Total Program Service Revenue | $6,916 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,762 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,163 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $138,678 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,794 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,681 |
| 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 | $901 |
| Insurance | $3,672 |
| All other expenses | $2,904 |
| Total functional expenses | $123,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,227 |
| 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 | $17,174 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $201 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $198 |
| Total assets | $117,800 |
| Accounts payable and accrued expenses | $2,818 |
| 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 | $19,675 |
| Total liabilities | $22,493 |
| Net assets without donor restrictions | $79,856 |
| Net assets with donor restrictions | $15,451 |
| 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 | $117,800 |