Historic Port Royal Inc
- Assets
- $375.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Royal, VA
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 31-1576695
Organization Overview
Historic Port Royal Inc is located in Port Royal, VA. The organization was established in 1998. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Historic Port Royal 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, Historic Port Royal Inc generated $23.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $25.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Cannon Vice President | 5 | $0 | |
Carolyn Davis President | 15 | $0 | |
Cleo Coleman Board Member | 3 | $0 | |
Kerri Holland Secretary | 5 | $0 | |
Mike Newman Board Member | 3 | $0 | |
Bill Henderson Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,081 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,227 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,576 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $5,677 |
| Printing, publications, postage, and shipping | $2,486 |
| Other expenses | $5,213 |
| Total expenses | $25,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,553 |
| Other assets | $0 |
| Total assets | $375,553 |
| Total liabilities | $1,500 |
| Net assets or fund balances | $374,053 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Historic Port Royal Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Jane & Arthur Flippo Foundation Doswell, VA PURPOSE: LYCEUM/MASONIC LODGE PROJECT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
North Carolina Transportation Museum Foundation Spencer, NC | $11,455,078 | $7,616,895 |
Old Salem Incorporated Winstonsalem, NC | $81,707,076 | $3,795,190 |
Society Of The Cincinnati Washington, DC | $28,928,587 | $7,746,929 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
B & O Railroad Museum Baltimore, MD | $29,274,881 | $4,473,800 |
Soulsville Memphis, TN | $9,455,990 | $2,725,171 |
Baltimore Museum Of Industry Baltimore, MD | $4,041,463 | $2,097,519 |
Valentine Museum Richmond, VA | $31,520,182 | $4,443,441 |