The North Carolina Museum Of History Associates Inc
- Assets
- $691.5k
- Revenue
- $619.1k
- Investments
- $0.0
- Employees
- 13
- Location
- Raleigh, NC
- Founding
- 12/1976
- Data as of
- 06/2022
- EIN
- 56-1178432
Organization Overview
The North Carolina Museum Of History Associates Inc is located in Raleigh, NC. The organization was established in 1976. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, North Carolina Museum Of History Associates Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Museum Of History Associates 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 06/2022, North Carolina Museum Of History Associates Inc generated $619.1k 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 (6.8%) each year. All expenses for the organization totaled $694.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD PUBLIC AWARENESS OF AND PROVIDE FUNDING TO THE NC MUSEUM OF HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOHA 990 PROGRAM DESCRIPTION: THE NORTH CAROLINA MUSEUM OF HISTORY ASSOCIATES (MOHA) PROVIDES DIRECT SUPPORT TO THE NORTH CAROLINA MUSEUM OF HISTORY AS ITS FRIENDS GROUP. MOHA SUPPORTS THE MUSEUM'S AWARD-WINNING EXHIBITIONS, OUTSTANDING EDUCATIONAL AND COMMUNITY OUTREACH PROGRAMS, AND THE ACQUISITION OF ARTIFACTS IMPORTANT TO NORTH CAROLINA'S HISTORY. THE ORGANIZATION ALSO HELPS FUND TWO FESTIVALS AND THE MUSEUM'S DOCENT PROGRAM ALONG WITH THE MULTIPLE PROGRAMS IT SUPPORTS IN THE MUSEUM THROUGHOUT THE YEAR.
MUSEUM DAYS EVENTS CELEBRATING LOCAL NC HISTORY ARE TYPICALLY HELD ACROSS THE STATE IN VARIOUS HISTORICAL LOCATIONS. IN 2021-2022, NO MUSEUM DAYS EVENTS WERE HELD DUE TO THE IMPACT OF THE COVID-19 PANDEMIC; OTHER ORGANIZATIONAL AND EDUCATIONAL MEETINGS OF THE MEMBERS WERE ALSO IMPACTED.
VISITOR SERVICES, BOOKS, MAPS AND EDUCATIONAL MATERIALS, EXHIBIT INFORMATION, REPLICAS OF ARTIFACTS, NORTH CAROLINA: AN APPETIZING STATE COOKBOOK AND OTHER OFFERINGS WERE MADE AVAILABLE TO THE GENERAL PUBLIC AND VISITORS AT THE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Vaughan Chair | OfficerTrustee | 2 | $0 |
Chris Wilson Vice Chair | OfficerTrustee | 5 | $0 |
Anne Allen Treasurer | OfficerTrustee | 2 | $0 |
Amy Copeland Secretary | OfficerTrustee | 2 | $0 |
Sharon Moe Assistant Tr | Trustee | 2 | $0 |
Stephen Later Board Develo | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $219,245 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,345 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,590 |
| Total Program Service Revenue | $0 |
| Investment income | $110 |
| 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 | $390,411 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $619,111 |
| 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 | $363,803 |
| Pension plan accruals and contributions | $7,366 |
| Other employee benefits | $38,754 |
| Payroll taxes | $26,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,782 |
| Advertising and promotion | $8,369 |
| Office expenses | $36,302 |
| Information technology | $52,063 |
| Royalties | $0 |
| Occupancy | $92,929 |
| Travel | $4,575 |
| 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 | $1,226 |
| Insurance | $12,060 |
| All other expenses | $2,428 |
| Total functional expenses | $694,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $396,622 |
| Savings and temporary cash investments | $90,474 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,855 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $145,650 |
| Prepaid expenses and deferred charges | $12,434 |
| Net Land, buildings, and equipment | $1,777 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,734 |
| Total assets | $691,546 |
| Accounts payable and accrued expenses | $14,398 |
| Grants payable | $0 |
| Deferred revenue | $6,941 |
| 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 | $20,571 |
| Total liabilities | $41,910 |
| Net assets without donor restrictions | $649,636 |
| 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 | $691,546 |