Preservation Greensboro Incorporated
- Assets
- $1.9m
- Revenue
- $311.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Greensboro, NC
- Founding
- 01/1968
- Data as of
- 06/2022
- EIN
- 56-6086217
Organization Overview
Preservation Greensboro Incorporated is located in Greensboro, NC. The organization was established in 1968. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Preservation Greensboro Incorporated employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation Greensboro 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 06/2022, Preservation Greensboro Incorporated generated $311.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $388.4k during the year ending 06/2022. 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 PROTECT AND PROMOTE HISTORIC BUILDINGS, SITES AND NEIGHBORHOODS IMPORTANT TO GREATER GREENSBORO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1966, PRESERVATION GREENSBORO, INC. HAS ENCOURAGED THE CONSERVATION OF GREENSBORO'S ARCHITECTUAL HISTORY BY PRESERVING SITES SUCH AS BLANDWOOD MANSION AND THE TROY-BUMPASS HOUSE, AND HAS HELPED TO SAVE SUCH PLACES AS DUDLEY HIGH SCHOOL, BLUE BELL MANUFACTURING COMPANY, LINDLEY PARK, AND THE UNCG CHANCELLOR'S HOUSE. HISTORIC BUILDINGS AND SITES PLAY AN IMPORTANT ROLE IN DEFINING OUR COMMUNITY'S IDENTITY BY TELLING GREENSBORO'S UNIQUE STORY. THEY SERVE AS TANGIBLE LINKS TO OUR PAST, ENERGIZE OUR ECONOMY, AND ENSURE THE CONTINUITY AND STABILITY OF OUR NEIGHBORHOODS.TODAY, PGI IS A DYNAMIC AND RESPECTED ORGANIZATION THAT CONTRIBUTES A KEY ROLE IN THE GROWTH OF GREENSBORO'S ECONOMY. WITH SUCH DIVERSE INITIATIVES AS ARCHITECTURAL SALVAGE OF GREENSBORO, THE BLANDWOOD MUSEUM, NEWSLETTERS, INFORMATIVE MEETINGS, SEMINARS,AND SPECIAL EVENTS, PRESERVATION GREENSBORO IS A CONSTANT VOICE WITHIN THE COMMUNITY TOWARDS REVITILIZATION, IMPROVED QUALITY OF LIFE, AND CONSERVATION OF HISTORIC RESOURCES FOR FUTURE GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Briggs Executive Dir. | Officer | 40 | $61,069 |
Linda Lane Director | Trustee | 1 | $0 |
Chris Brummel Director | Trustee | 1 | $0 |
Ashley Meredith Director | Trustee | 1 | $0 |
Kim Cameron Director | Trustee | 1 | $0 |
Jon Enos Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $82,887 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,733 |
| Total Program Service Revenue | $0 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,025 |
| 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 | $311,223 |
| 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. | $62,699 |
| Compensation of current officers, directors, key employees. | $7,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,846 |
| Payroll taxes | $11,567 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,250 |
| Fees for services: Accounting | $20,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,344 |
| Advertising and promotion | $5,711 |
| Office expenses | $19,064 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,794 |
| 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 | $2,009 |
| Insurance | $19,590 |
| All other expenses | $2,447 |
| Total functional expenses | $388,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,547 |
| Savings and temporary cash investments | $46,640 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $883 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,142 |
| Prepaid expenses and deferred charges | $7,541 |
| Net Land, buildings, and equipment | $1,826,448 |
| Investments—publicly traded securities | $21,691 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $1,945,892 |
| Accounts payable and accrued expenses | $19,380 |
| 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 | $20,881 |
| Total liabilities | $40,261 |
| Net assets without donor restrictions | $186,031 |
| Net assets with donor restrictions | $1,719,600 |
| 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 | $1,945,892 |