The Stanly County Historical Society Incorporated
- Assets
- $780.5k
- Revenue
- $154.5k
- Investments
- $575.1k
- Employees
- 0
- Location
- Albemarle, NC
- Founding
- 11/2000
- Data as of
- 09/2023
- EIN
- 56-2209618
Organization Overview
The Stanly County Historical Society Incorporated is located in Albemarle, NC. The organization was established in 2000. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Stanly County Historical Society Incorporated 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 09/2023, Stanly County Historical Society Incorporated generated $154.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $29.4k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE STANLY COUNTY HISTORICAL SOCIETY PROMOTES KNOWLEDGE,UNDER- STANDING AND APPRECIATION OF STANLY COUNTY'S RICH HERITAGE AND HISTORY THROUGH EDUCATION AND PRESERVATION OF ARTIFACTS AND HISTORIC SITES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY OWNS TWO HISTORICALLY SIGNIFICANT HOUSES IN THE COUNTY THAT ARE AVAILABLE FOR PREARRANGED TOURS FOR SCHOOL GROUPS AND THE GENERAL PUBLIC, FREE OF CHARGE, STAFFED BY VOLUNTEER DOCENTS. THERE WERE 439 VISITORS TO THESE PROPERTIES THIS YEAR. THE SOCIETY ALSO HELD FREE, SPECIAL EVENTS AT THE PROPERTIES WHICH BROUGHT IN AN ADDITIONAL 940 VISITORS. THESE WERE ALSO STAFFED BY VOLUNTEERS.
THE SOCIETY HAS FREE MONTHLY PROGRAMS FEATURING A SPEAKER ON LOCAL HISTORICAL PEOPLE OR EVENTS. IN-PERSON EVENTS HAD APPROXIMATELY 500 ATTENDEES, ON-LINE PRESENTATIONS HAD OVER 8,800 VIEWERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Harkey President | Officer | 10 | $0 |
James Sawyer Secretary | Officer | 8 | $0 |
Joyce Lambert Treasurer | Officer | 10 | $0 |
David Almond Director | Trustee | 0.5 | $0 |
Stephen Seltzer Director | Trustee | 0.5 | $0 |
Nancy Sullivan Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,764 |
| Noncash contributions included in lines 1a–1f | $8 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,764 |
| Total Program Service Revenue | $0 |
| Investment income | $72,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $186 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$440 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $866 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,514 |
| 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 | $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 | $675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,411 |
| Fees for services: Other | $0 |
| Advertising and promotion | $100 |
| Office expenses | $2,845 |
| 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 | $463 |
| Insurance | $4,543 |
| All other expenses | $0 |
| Total functional expenses | $29,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120 |
| Savings and temporary cash investments | $71,003 |
| 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 |
| Net Land, buildings, and equipment | $8,467 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $575,135 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125,815 |
| Total assets | $780,540 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $780,540 |
| Total liabilities and net assets/fund balances | $780,540 |