Tybee Island Historical Society Inc
- Assets
- $6.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 25
- Location
- Tybee Island, GA
- Founding
- 06/1976
- Data as of
- 12/2022
- EIN
- 51-0191008
Organization Overview
Tybee Island Historical Society Inc is located in Tybee Island, GA. The organization was established in 1976. 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. As of 12/2022, Tybee Island Historical Society Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tybee Island Historical Society 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 12/2022, Tybee Island Historical Society Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY IS DEDICATED TO THE PRESERVATION AND RENOVATION OF THE TYBEE ISLAND LIGHT STATION AND RELATED BUILDINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED MAINENANCE AND RENOVATION ON THE LIGHTSTATION AND RELATED BUILDINGS; CONDUCTED NUMEROUS EDUCATIONAL ACTIVITIES AND TOURS OF THE LIGHTHOUSE MUSEUM AND LIGHTSTATION GROUNDS, AND PROMOTED AWARENESS OF THE HISTORIC SIGNIFICANCE OF THE SITE THROUGH GIFT SHOP SALES OF MEMORABILIA, AND MAINTENANCE OF MUSEUM COLLECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hope Barton President | OfficerTrustee | 1 | $0 |
Allen Lewis Vice President | OfficerTrustee | 1 | $0 |
Raynette Evans Secretary | OfficerTrustee | 1 | $0 |
William Blakey Treasurer | OfficerTrustee | 1 | $0 |
Martha Makel Board Member | Trustee | 1 | $0 |
William Garbett Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,680 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,345 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,025 |
| Total Program Service Revenue | $1,272,304 |
| Investment income | $24,049 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,284 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,077,533 |
| 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. | $108,223 |
| Compensation of current officers, directors, key employees. | $108,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $532,615 |
| Pension plan accruals and contributions | $7,552 |
| Other employee benefits | $0 |
| Payroll taxes | $47,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,207 |
| Advertising and promotion | $34,743 |
| Office expenses | $22,907 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,542 |
| 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 | $104,567 |
| Insurance | $140,542 |
| All other expenses | $34,075 |
| Total functional expenses | $1,444,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,202 |
| Savings and temporary cash investments | $1,722,930 |
| 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 | $121,402 |
| Prepaid expenses and deferred charges | $39,337 |
| Net Land, buildings, and equipment | $4,488,671 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,667,542 |
| 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 | $23,422 |
| Total liabilities | $23,422 |
| Net assets without donor restrictions | $6,644,120 |
| Net assets with donor restrictions | $0 |
| 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 | $6,667,542 |