Harbor Historical Association Of Georgetown
- Assets
- $3.1m
- Revenue
- $703.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Georgetown, SC
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 57-1007851
Organization Overview
Harbor Historical Association Of Georgetown is located in Georgetown, SC. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Harbor Historical Association Of Georgetown employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harbor Historical Association Of Georgetown 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 12/2023, Harbor Historical Association Of Georgetown generated $703.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $649.0k during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PRESERVE AND PROMOTE MARITIME HISTORY OF SOUTH CAROLINA AND GEORGETOWN. ESTABLISH AND PROMOTE A MUSEUM FOR THE EXEMPT PURPOSE OF EDUCATION AND PRESERVATION OF EXHIBITS AND ARTIFACTS. CONDUCTING THE GEORGETOWN WOODEN BOAT SHOW EXHIBIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAM EXPENSES - AS THE MISSION OF THE ORGANIZATION IS TO EXPAND AND EDUCATE THE SAILING HISTORY OF THE COASTAL REGION OF SOUTH CAROLINA, IT IS NECESSARY TO PROVIDE PROGRAMS AND EVENTS TO PROMOTE THIS HISTORY. THIS REPRESENTS THE RESULTS OF THOSE EFFORTS AND THE COSTS OF THE INFRASTRUCTURE NEEDED.
YOUTH SAILING - TO FOSTER AN UNDERSTANDING OF THE PAST TO CARRY ON TO THE FUTURE, THIS PROGRAM TEACHES SAILING TO YOUTH SO THEY CAN GAIN AN APPRECIATION OF THE PAST AND WHAT THE EARLY SAILORS OF THE AREA ENDURED. THIS PASSES THE KNOWLEDGE FROM GENERATION TO GENERATION TO PRESERVE THE HISTORY OF THE AREA.
SC MARITIME MUSEUM - THIS MUSEUM SERVES AS A MONUMENT TO THE HERITAGE OF THE SAILING AND MARITIME INDUSTRY IN THE AREA. IT PROVIDES A LEARNING EXPERIENCE ON THE HISTORY OF THE AREA.
WOODEN BOAT SHOW - THIS SHOW HELD EVERY FALL HIGHLIGHTS THE WOODEN BOAT HISTORY AND THE IMPACT THOSE BOATS HAD ON THE FORMATION OF THE COASTAL REGION OF SOUTH CAROLINA. BY SHOWING BOTH HISTORIC AND MODERN BOATS MADE OF WOOD, THE LEGACY OF THE FOUNDING DAYS IS CARRIED THROUGH TO MODERN TIMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnny Weaver President | OfficerTrustee | 8 | $0 |
Perry Collins Vice President | OfficerTrustee | 1.5 | $0 |
John Benson Treasurer | OfficerTrustee | 3.75 | $0 |
Sally Swineford Secretary | OfficerTrustee | 3 | $0 |
Amy Jones Director | OfficerTrustee | 1 | $0 |
Francis B Ford Jr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,948 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,335 |
| Total Program Service Revenue | $445,477 |
| Investment income | $18,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,910 |
| Net Gain/Loss on Asset Sales | $6,570 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $63,309 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $703,403 |
| 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 | $112,574 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,834 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,977 |
| Office expenses | $44,423 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,952 |
| Travel | $2,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,888 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,080 |
| Insurance | $35,240 |
| All other expenses | $0 |
| Total functional expenses | $648,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,597 |
| Savings and temporary cash investments | $68,609 |
| 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 | $17,967 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,027,073 |
| Investments—publicly traded securities | $564,460 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $53,636 |
| Other assets | $0 |
| Total assets | $3,072,342 |
| 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 | $1,761,846 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,726 |
| Total liabilities | $1,763,572 |
| Net assets without donor restrictions | $1,308,770 |
| 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 | $3,072,342 |