Franklin County Historical Society Inc
- Assets
- $461.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rocky Mount, VA
- Founding
- 05/1986
- Data as of
- 12/2021
- EIN
- 54-1045631
Organization Overview
Franklin County Historical Society Inc is located in Rocky Mount, VA. The organization was established in 1986. 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. Franklin County 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 12/2021, Franklin County Historical Society Inc generated $60.3k 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 (3.9%) each year. All expenses for the organization totaled $52.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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 |
|---|---|---|---|
Linda Stanley Special Projects Coordinator | 30 | $21,100 | |
John Wayne Bowman Jr President | 10 | $0 | |
Doris Eames Vice President | 5 | $0 | |
Janet Faye West Secretary/director | 10 | $0 | |
Carolyn Blanchard Treasurer | 2 | $0 | |
Marsha Fay Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,272 |
| Total Program Service Revenue | $3,302 |
| Membership dues | $0 |
| Investment income | $1,632 |
| Gain or Loss | $5,143 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,349 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,355 |
| Professional fees and other payments to independent contractors | $980 |
| Occupancy, rent, utilities, and maintenance | $9,608 |
| Printing, publications, postage, and shipping | $358 |
| Other expenses | $20,435 |
| Total expenses | $52,736 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,714 |
| Other assets | $0 |
| Total assets | $461,463 |
| Total liabilities | $68,793 |
| Net assets or fund balances | $392,670 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Supreme Court Historical Society The Society Washington, DC | $17,156,338 | $2,945,998 |