Amherst County Museum And Historical Society
- Assets
- $245.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amherst, VA
- Founding
- 05/1978
- Data as of
- 06/2022
- EIN
- 54-1031215
Organization Overview
Amherst County Museum And Historical Society is located in Amherst, VA. The organization was established in 1978. 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. Amherst County Museum And Historical Society 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, Amherst County Museum And Historical Society generated $20.0k 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 (9.3%) each year. All expenses for the organization totaled $40.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
MUSEUM DISPLAY OF MANY HISTORICAL ITEMS OF LOCAL INTEREST.THE MUSEUM IS OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faye Brown Treasurer | 2 | $0 | |
Rev Darnelle Woodruff Winston Board Member | 2 | $0 | |
Grady Davis Board Member | 2 | $0 | |
Judy Faris President | 2 | $0 | |
Ellen Craig Secretary/ Vice Treasurer | 2 | $0 | |
Cynthia Hicks President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,604 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,974 |
| Investment income | $238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $651 |
| Other Revenue | $5,719 |
| Total Revenue | $19,977 |
| 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 | $818 |
| Occupancy, rent, utilities, and maintenance | $19,461 |
| Printing, publications, postage, and shipping | $1,402 |
| Other expenses | $18,629 |
| Total expenses | $40,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,619 |
| Other assets | $0 |
| Total assets | $245,146 |
| Total liabilities | $24,668 |
| Net assets or fund balances | $220,478 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Amherst County Museum And Historical Society has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
William M Cage Library Trust Fredericksburg, VA PURPOSE: LIBRARY GRANTS | $500 |
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 |