Gunston Hall Foundation is located in Mason Neck, VA. The organization was established in 1973. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Gunston Hall Foundation 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 06/2021, Gunston Hall Foundation generated $981.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $251.2k during the year ending 06/2021. While expenses have increased by 4.0% 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
THE GUNSTON HALL FOUNDATION WAS INCORPORATED OCTOBER 26, 1972, TO PROVIDE MONEY AND EXPERTISE FOR THE RESTORATION, PRESERVATION AND PROMOTION OF GUNSTON HALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO THE BOARD OF REGENTS OF GUNSTON HALL, INC. - FUNDED PROGRAMS FOR THE RESTORATION, PRESERVATION, AND PROMOTION OF GUNSTON HALL AND PROVIDED FUNDS FOR THE SCHOLARLY RESEARCH INTO THE LIFE AND TIMES OF GEORGE MASON.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mrs Helen Bragg Cleary President | OfficerTrustee | 2 | $0 |
Mrs Hannah Cox Vice President | OfficerTrustee | 2 | $0 |
Mrs Avery Jenkins Treasurer | OfficerTrustee | 2 | $0 |
Mrs Henrietta Burke Secretary | OfficerTrustee | 2 | $0 |
Mr Scott Stroh II Executive Director | Officer | 1 | $0 |
Mrs Susan Robertson Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,550 |
Investment income | $126,155 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $843,340 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $981,045 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $51,440 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $3,036 |
All other expenses | $0 |
Total functional expenses | $251,201 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $79,561 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $6,391,620 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,471,181 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $6,471,181 |
Over the last fiscal year, we have identified 1 grants that Gunston Hall Foundation has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Merrick Foundation Oklahoma City, OK PURPOSE: GENERAL OPERATIONAL SUPPORT 2018 | $500 |
Beg. Balance | $486,098 |
Earnings | $121,734 |
Ending Balance | $607,832 |
Organization Name | Assets | Revenue |
---|---|---|
North Carolina Performing Arts Center At Charlotte Foundation Charlotte, NC | $47,388,531 | $23,681,356 |
Tennessee Performing Arts Center Management Corporation Nashville, TN | $35,782,071 | $25,885,364 |
Strathmore Hall Foundation Inc North Bethesda, MD | $27,256,314 | $8,322,288 |
Historic Tennessee Theatre Foundation Knoxville, TN | $32,949,657 | $9,927,493 |
Washington Performing Arts Society Washington, DC | $12,549,147 | $4,886,462 |
Luther F Carson Four Rivers Center Inc Paducah, KY | $59,072,684 | $5,458,266 |
Arts Of Southern Kentucky Inc Bowling Green, KY | $7,056,878 | $5,434,508 |
Lyric Foundation Inc Baltimore, MD | $19,508,427 | $4,826,860 |
Belcourt Theatre Inc Nashville, TN | $8,909,570 | $4,044,335 |
Hippodrome Foundation Inc Baltimore, MD | $13,272,762 | $8,345,176 |
Bijou Theater Center Knoxville, TN | $4,966,166 | $3,906,222 |
Maryland Hall For The Creative Arts Inc Annapolis, MD | $14,959,941 | $1,722,678 |