Historical Society Of Western Virginia is located in Roanoke, VA. The organization was established in 1964. 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 06/2022, Historical Society Of Western Virginia employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historical Society Of Western Virginia 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 06/2022, Historical Society Of Western Virginia generated $179.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $183.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 7 years. 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 MISSION OF THE SOCIETY IS TO PROMOTE AN INTEREST IN THE BROAD SPECTRUM OF HISTORY WITH EMPHASIS ON THAT OF WESTERN VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AN INTERST IN THE BROAD SPECTRUM OF HISTORY WITH EMPHASIS ON THAT OF WESTERN VIRGINIA; TO COLLECT, PRESERVE, INTERPRET AND MAKE AVAILABLE MATERIALS RELATING TO THAT HISTORY; TO SPONSOR RESEARCH AND PUBLICATION IN THE FIELD OF REGIONAL HISTORY AND TO PROVIDE EDUCATION SERVICES TO PEOPLE AND INSTITUTIONS THROUGHOUT WESTERN VIRGINIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Chris Venable Vice Preside | OfficerTrustee | 2 | $0 |
Sandra Brown Kelly President | OfficerTrustee | 2 | $0 |
William Irvin Secretary | OfficerTrustee | 2 | $0 |
Pam Kendall Treasurer | OfficerTrustee | 2 | $0 |
Taylor Adkins Board Member | Trustee | 2 | $0 |
Thomas Bryant Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $30,503 |
All other contributions, gifts, grants, and similar amounts not included above | $112,231 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $142,734 |
Total Program Service Revenue | $20,435 |
Investment income | $2,094 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $13,742 |
Miscellaneous Revenue | $0 |
Total Revenue | $179,005 |
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 | $81,106 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,704 |
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 | $3,910 |
Office expenses | $13,333 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,134 |
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 | $9,796 |
Insurance | $14,878 |
All other expenses | $0 |
Total functional expenses | $183,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $112,544 |
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 | $36,281 |
Prepaid expenses and deferred charges | $3,640 |
Net Land, buildings, and equipment | $2,310,323 |
Investments—publicly traded securities | $323,991 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,786,779 |
Accounts payable and accrued expenses | $6,105 |
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 | $0 |
Total liabilities | $6,105 |
Net assets without donor restrictions | $2,570,011 |
Net assets with donor restrictions | $210,663 |
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 | $2,786,779 |
Over the last fiscal year, we have identified 2 grants that Historical Society Of Western Virginia has recieved totaling $8,237.
Awarding Organization | Amount |
---|---|
Community Foundation Serving Western Virginia Roanoke, VA PURPOSE: ARTS, CULTURE & HUMANITIES | $8,225 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Organization Name | Assets | Revenue |
---|---|---|
White House Historical Association Washington, DC | $70,614,346 | $21,703,882 |
National Links Trust Washington, DC | $8,914,003 | $10,793,468 |
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
National Archives Foundation Washington, DC | $14,544,421 | $8,935,036 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
House Of The Temple Historic Preservation Foundation Inc Washington, DC | $31,687,828 | $5,822,669 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |