Preservation Racine Inc
- Assets
- $350.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Racine, WI
- Founding
- 08/1979
- Data as of
- 12/2023
- EIN
- 39-1258948
Organization Overview
Preservation Racine Inc is located in Racine, WI. The organization was established in 1979. 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. Preservation Racine 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, Preservation Racine Inc generated $57.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $60.3k during the year ending 12/2023. While expenses have increased by 3.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pippin Michelli President | 10 | $0 | |
Mark Sommer Vice-President | 10 | $0 | |
Karen Verbeten Secretary | 10 | $0 | |
Beth Roeseler Treasurer | 15 | $0 | |
Victor Schubert Director | 10 | $0 | |
Marcia Pfost Membership Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,648 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,745 |
| Investment income | $9,459 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $41,759 |
| Total Revenue | $57,922 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $42,055 |
| Printing, publications, postage, and shipping | $4,684 |
| Other expenses | $13,554 |
| Total expenses | $60,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,554 |
| Other assets | $0 |
| Total assets | $350,124 |
| Total liabilities | $475 |
| Net assets or fund balances | $349,649 |