Cherokee Historical Association Inc
- Assets
- $3.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 67
- Location
- Cherokee, NC
- Founding
- 01/1951
- Data as of
- 12/2020
- EIN
- 56-0623957
Organization Overview
Cherokee Historical Association Inc is located in Cherokee, NC. The organization was established in 1951. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Cherokee Historical Association Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cherokee Historical Association 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 12/2020, Cherokee Historical Association Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PERPETUATE THE HISTORY AND CULTURE OF THE CHEROKEE INDIANS IN NORTH AMERICA
Describe the Organization's Program Activity:
Part 3 - Line 4a
"UNTO THESE HILLS" IS AN OUTDOOR DRAMA DEPICTING THE HISTORY OF THE CHEROKEE INDIAN TRIBE. OPEN TO THE GENERAL PUBLIC. "OCONALUFTEE INDIAN VILLAGE" IS A FULL SIZE REPLICA OF AN 18TH CENTURY CHEROKEE INDIAN VILLAGE. OPEN TO THE PUBLIC. "QUALLA CREATIONS" IS A RETAIL STORE SPECIALIZING IN THE SALE OF HAND CRAFTED ITEMS BY LOCAL MEMBERS OF THE CHEROKEE INDIAN TRIBE. OPEN TO THE PUBLIC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paxton Myers Chairman | Officer | 0 | $0 |
Jason Lambert Vice Chairman | Officer | 0 | $0 |
Cory Blankenship Treasurer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $792,107 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $899,953 |
| Total Program Service Revenue | $372,313 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,279,391 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $558,137 |
| Pension plan accruals and contributions | $1,938 |
| Other employee benefits | $86,965 |
| Payroll taxes | $165,796 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,994 |
| Office expenses | $13,542 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,266 |
| Travel | $9,543 |
| 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 | $91,291 |
| All other expenses | $68,925 |
| Total functional expenses | $1,146,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,201 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,562 |
| Prepaid expenses and deferred charges | $11,654 |
| Net Land, buildings, and equipment | $2,869,733 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $390,224 |
| Total assets | $3,327,974 |
| Accounts payable and accrued expenses | $51,499 |
| 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 | $338,725 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $390,224 |
| Net assets without donor restrictions | $2,937,750 |
| 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 | $3,327,974 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cherokee Historical Association Inc has recieved totaling $149.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Historical Society Inc Atlanta, GA | $186,882,791 | $33,828,707 |
Heritage South Community Cu Shelbyville, TN | $308,780,084 | $17,719,881 |
Bell Tower Green Inc Salisbury, NC | $2,054,412 | $2,539,569 |
Fox Theatre Inc Atlanta, GA | $106,794,461 | $20,353,110 |
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 |
The Lodges At Banning Mills Retreat And Conservation Center Inc Whitesburg, GA | $8,373,902 | $8,117,551 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |
Robert E Lee Memorial Association Stratford, VA | $32,464,208 | $3,400,673 |
Atlanta Beltline Partnership Inc Atlanta, GA | $54,208,865 | $38,882,931 |
Historic Charleston Foundation Charleston, SC | $32,935,368 | $6,777,038 |