Kernersville Museum Foundation
- Assets
- $360.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 13
- Location
- Kernersville, NC
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-2933514
Organization Overview
Kernersville Museum Foundation is located in Kernersville, NC. The organization was established in 2014. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Kernersville Museum Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kernersville Museum Foundation 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, Kernersville Museum Foundation generated $120.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $98.2k during the year ending 12/2021. While expenses have increased by 16.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SHARE THE HISTORY OF KERNERSVILLE THROUGH MUSEUM EXHIBITS. 1,489 PEOPLE TOURED THE MUSEUM DURING THE FISCAL YEAR. COLLECTED ARTIFACTS AND OBJECTS TO PUT ON DISPLAY IN THE MUSUEM. CONTINUED UPDATES OF AN INTERACTIVE ORAL HISTORY DISPLAY AND VIRTUAL TOUR. BEGAN NEW COMMUNITY PROGRAM WHERE COMMUNITY MEMBERS SHARE THEIR STORIES AND THE STORIES ARE GATHERED FOR THE ARCHIVES. MAINTAINED A PERMANENT OUTDOOR TOBACCO BARN EXHIBIT THAT IS OPEN TO THE PUBLIC YEAR ROUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Hargett Executive Dir. | 40 | $39,700 | |
Mark Chandler Director | 0.5 | $0 | |
Diane Harper-Long Director | 1 | $0 | |
Monte Long Treasurer | 2.5 | $0 | |
Anne Coltrane Director | 2.5 | $0 | |
Jason Grubbs Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,564 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,654 |
| Other Revenue | $29,278 |
| Total Revenue | $120,525 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,769 |
| Professional fees and other payments to independent contractors | $1,252 |
| Occupancy, rent, utilities, and maintenance | $12,198 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,955 |
| Total expenses | $98,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,552 |
| Other assets | $0 |
| Total assets | $360,601 |
| Total liabilities | $4,256 |
| Net assets or fund balances | $356,345 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kernersville Museum Foundation has recieved totaling $6,064.
| Awarding Organization | Amount |
|---|---|
Kernsville Foundation Inc Kernersville, NC PURPOSE: SUPPORT LOCAL COMMUNITY PROJECTS | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Civil And Humanrights Inc Atlanta, GA | $28,909,465 | $12,210,926 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Atlanta Hall Management Inc Atlanta, GA | $34,614,233 | $3,372,998 |
International African American Museum Charleston, SC | $69,899,271 | $29,654,302 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Tennessee Valley Railroad Museum Inc Chattanooga, TN | $14,724,108 | $5,452,372 |
Cultural And Heritage Commission Of York County Rock Hill, SC | $4,729,121 | $4,880,963 |
Science Museum Of Virginia Foundation Incorporated Richmond, VA | $31,752,161 | $5,835,880 |
Georgia Museums Inc Cartersville, GA | $34,504,271 | $6,701,117 |
Museum Of Aviation At Robins Air Force Base Georgia Foundation Inc Warner Robins, GA | $2,983,793 | $2,917,153 |