Lancaster County Society For Historical Preservation Inc
- Assets
- $2.4m
- Revenue
- $276.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, SC
- Founding
- 11/1976
- Data as of
- 12/2021
- EIN
- 57-0636344
Organization Overview
Lancaster County Society For Historical Preservation Inc is located in Lancaster, SC. The organization was established in 1976. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster County Society For Historical Preservation 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 12/2021, Lancaster County Society For Historical Preservation Inc generated $276.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $411.7k during the year ending 12/2021. 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 LANCASTER COUNTY SOCIETY FOR HISTORICAL PRESERVATION LCSHP'S MISSION IS TO PRESERVE AND PROTECT BUILDINGS AND SITES OF HISTORIC INTEREST IN LANCASTER COUNTY SC; TO ADVANCE HISTORIC PRESERVATION AS AN INSTRUMENT OF ECONOMIC AND SOCIAL REVITALIZATION OF NEIGHBORHOODS IN LANCASTER COUNTY; TO ACQUIRE HISTORIC STRUCTURES IN LANCASTER COUNTY RESTORE AND ADAPT THEM FOR MODERN USES; TO PROMOTE AND ENCOURAGE RESEARCH ON THE HISTORY OF LANCASTER COUNTY; AND TO FOSTER PUBLIC KNOWLEDGE OF AND INTEREST IN LOCAL AND REGIONAL HISTORY. THE LCSHP OWNS AND OPERATES THE LANCASTER CULTURAL ARTS CENTER AT 207 W. GAY ST. LANCASTER SC. THE PURPOSE OF THE CENTER IS TO PROVIDE A HISTORIC VENUE FOR CONCERTS LECTURES AND OTHER CULTURAL EVENTS THAT ADVANCE THE QUALITY OF LIFE IN THE CITY AND SURROUNDING REGION. THE LCSHP ALSO OWNS THE ADJACENT OLD PRESBYTERIAN CHURCH CEMETERY WHICH IT PRESERVES AND PROMOTES USE OF IT FOR HISTORIC AND GENEALOGICAL RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION OF AND ADDITIONS TO THE LANCASTER CULTURAL ARTS CENTER 307 W. GAY ST. LANCASTER SC. IN 2021 WE COMPLETED MAJOR ADDITIONS TO THE HISTORIC STRUCTURE WHICH PROVIDE IT ALL THE MODERN FACILITIES NEEDED FOR ITS FUNCTION.
PRESERVATION & MAINTENANCE OF THE OLD PRESBYTERIAN CHURCH CEMETERY 307 W. GAY ST. LANCASTER SC. HISTORIC MONUMENTS GOING BACK TO THE 1830S HAVE BEEN RESTORED AND MORE THAN 1000 PEOPLE VISIT THE CEMETERY ANNUALLY TO CONDUCT GENEALOGICAL AND HISTORICAL RESEARCH OR AS TOURISTS. THE HISTORIC CIRCA 1900 WROUGHT IRON FENCE WAS RESTORED AND REINSTALLED.
ORGANIZING AND FINANCING CULTURAL EVENTS CLASSICAL MUSIC JAZZ ROCK POP FOLK CONCERTS PERFORMING ARTS EVENTS PUBLIC CEREMONIES AND CIVIC LEADERSHIP FUNCTIONS AT THE CULTURAL ARTS CENTER. MORE THAN 1,200 PEOPLE ATTENDED EVENTS OR TOURED THE CENTER IN 2021. CLASSICAL MUSIC AND JAZZ CONCERTS FEATURE PERFORMANCE BY NATIONALLY RECOGNIZED PROFESSIONAL MUSICIANS EACH YEAR. EVENTS ARE UNDERWRITTEN BY PRIVATE DONORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John E Craig Jr Chairman | OfficerTrustee | 20 | $0 |
Jimmy Wilhide Vice Chair | OfficerTrustee | 2 | $0 |
Ernest Jenkins Secretary | OfficerTrustee | 2 | $0 |
Cody Bowers Director | Trustee | 1 | $0 |
Christy Barnes Director | Trustee | 1 | $0 |
David Tolson Director | Trustee | 1 | $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 | $230,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,453 |
| Total Program Service Revenue | $37,540 |
| Investment income | $4,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,790 |
| 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 | $276,252 |
| 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 | $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 | $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 | $26,791 |
| All other expenses | $1,667 |
| Total functional expenses | $411,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,721 |
| Savings and temporary cash investments | $0 |
| 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 | $2,150,000 |
| Investments—publicly traded securities | $45,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,375,605 |
| 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 | $2,375,605 |
| 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 | $2,375,605 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lancaster County Society For Historical Preservation Inc has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Endowment Analysis
| Beg. Balance | $41,415 |
| Earnings | $4,469 |
| Ending Balance | $45,884 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Historic Columbia Foundation Inc Columbia, SC | $4,152,863 | $4,740,908 |
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |
Preservation Society Of Charleston Charleston, SC | $9,215,770 | $2,455,681 |
The Historic Preservation Foundation Of North Carolina Inc Raleigh, NC | $8,996,688 | $1,472,217 |
Historic Westville Inc Columbus, GA | $12,453,096 | $665,726 |
Tybee Island Historical Society Inc Tybee Island, GA | $6,056,946 | $1,662,737 |
Tryon Palace Foundation Inc New Bern, NC | $6,143,805 | $1,856,143 |
South Carolina Historical Society Charleston, SC | $11,265,091 | $1,294,164 |