Waynesboro Heritage Foundation Inc is located in Waynesboro, VA. The organization was established in 1996. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is the central organization for a national or regional group of organizations. Waynesboro Heritage Foundation 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, Waynesboro Heritage Foundation Inc generated $65.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $106.9k during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE COMMUNITY OF WAYNESBORO A VIABLE PLACE WHERE ITS HISTORY CAN BE PRESERVED AND CELEBRATED FOR GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRESERVATION, EXHIBITION, AND PERPETUATION OF THE HISTORY AND HERITAGE OF WAYNESBORO, VIRGINIA THROUGH CHANGING EXHIBITIONS AND EDUCATIONAL PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shirley L Bridgeforth President | OfficerTrustee | 40 | $28,000 |
Tom Carlsson Secretary | OfficerTrustee | 0 | $0 |
Anne Hulen Treasurer | Officer | 0 | $0 |
Mark Bales Director | Trustee | 0 | $0 |
David Ledbetter Director | Trustee | 0 | $0 |
Paul Harmon Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $75 |
All other contributions, gifts, grants, and similar amounts not included above | $3,404 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,479 |
Total Program Service Revenue | $4,595 |
Investment income | $56,805 |
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 | $364 |
Miscellaneous Revenue | $0 |
Total Revenue | $65,243 |
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. | $28,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,596 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,412 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,689 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $530 |
Office expenses | $3,543 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,065 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,398 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,050 |
Insurance | $1,921 |
All other expenses | $5,392 |
Total functional expenses | $106,930 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100 |
Savings and temporary cash investments | $31,144 |
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 | $27,976 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $19,357 |
Investments—publicly traded securities | $864,880 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $173,359 |
Total assets | $1,116,816 |
Accounts payable and accrued expenses | $88 |
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 | $88 |
Net assets without donor restrictions | $1,116,728 |
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 | $1,116,816 |
Over the last fiscal year, we have identified 1 grants that Waynesboro Heritage Foundation Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
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Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |
Country Music Foundation Inc Nashville, TN | $103,507,163 | $14,152,198 |
International Spy Museum Washington, DC | $139,621,736 | $22,140,962 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Mariners Museum Newport News, VA | $159,780,245 | $10,021,200 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Chesapeake Bay Maritime Museum Inc Saint Michaels, MD | $39,670,845 | $11,802,090 |
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 |