King William County Historical Society
- Assets
- $329.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- King William, VA
- Founding
- 08/1997
- Data as of
- 07/2022
- EIN
- 54-1854584
Organization Overview
King William County Historical Society is located in King William, VA. The organization was established in 1997. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. King William County 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 07/2022, King William County Historical Society generated $57.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $40.1k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 2 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
OUR MISSION IS TO COLLECT, INTERPRET AND PRESERVE THE HISTORY OF KING WILLIAM COUNTY WHILE ACTING AS CARETAKER OF ARTIFACTS FROM THE LIVES AND TRADITIONS OF THE PEOPLE WHO HAVE GONE BEFORE US.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Faulkner Vice-President | 1 | $0 | |
Dr David A Brown President | 2 | $0 | |
Sally Pearson Treasurer | 2 | $0 | |
Debi Moren Museum Councilchair | 2 | $0 | |
Ben Shumaker Member At Large | 1 | $0 | |
Robert Hubbard Member At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,754 |
| Total Program Service Revenue | $0 |
| Membership dues | $832 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,586 |
| 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 | $26,235 |
| Occupancy, rent, utilities, and maintenance | $13,547 |
| Printing, publications, postage, and shipping | $272 |
| Other expenses | $25 |
| Total expenses | $40,079 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,515 |
| Other assets | $0 |
| Total assets | $329,115 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,115 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that King William County Historical Society has recieved totaling $47,651.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $47,651 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Victims Of Communism Memorial Foundation Inc Washington, DC | $17,153,978 | $4,238,783 |
Us Navy Memorial Foundation Washington, DC | $3,731,955 | $5,647,232 |
Maryland Historical Society Baltimore, MD | $35,915,742 | $5,321,306 |
Trust For The National Mall Washington, DC | $50,852,844 | $38,863,743 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |
American Historical Association Washington, DC | $10,775,431 | $4,710,138 |
Robert E Lee Memorial Association Stratford, VA | $32,464,208 | $3,400,673 |
National Society Of The Colonial Dames Of America Washington, DC | $15,915,610 | $3,302,013 |
National Society Of The Sons Of The American Revolution Louisville, KY | $16,631,721 | $2,986,592 |