Historic Columbia Foundation Inc
- Assets
- $4.2m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 52
- Location
- Columbia, SC
- Founding
- 08/1963
- Data as of
- 06/2022
- EIN
- 57-6020250
Organization Overview
Historic Columbia Foundation Inc is located in Columbia, SC. The organization was established in 1963. 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, Historic Columbia Foundation Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Columbia Foundation 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, Historic Columbia Foundation Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $4.2m during the year ending 06/2022. While expenses have increased by 10.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISTORIC COLUMBIA SHARES THE COMPLEX HISTORY OF COLUMBIA AND RICHLAND COUNTY THROUGH HISTORIC PRESERVATION ADVOCACY, INNOVATIVE EDUCATIONAL PROGRAMS, AND STRATEGIC PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND PROVIDE FOR PRESERVATION, PROTECTION,AND RESTORATION OF BUILDING AND LANDMARKS OF HISTORICAL OR ARCHITECTURAL INTEREST AND PROMOTE EDUCATIONAL INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Waites Executive Dir. | Officer | 40 | $146,863 |
Debbie Giles Dir Of Finance | Officer | 40 | $62,856 |
Jeff Payne Secretary | Officer | 1 | $0 |
Rodrick Shiver Treasurer | Officer | 1 | $0 |
J Crafton President | Officer | 1 | $0 |
Mark Jones 1st Vice Pres | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,066,810 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,271,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,338,661 |
| Total Program Service Revenue | $268,411 |
| Investment income | $15,713 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,436 |
| Net Income from Fundraising Events | $75,867 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,820 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,740,908 |
| 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. | $221,132 |
| Compensation of current officers, directors, key employees. | $28,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $907,451 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,743 |
| Payroll taxes | $89,890 |
| 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 | $95,170 |
| Advertising and promotion | $128,930 |
| Office expenses | $8,144 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,491 |
| 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 | $62,998 |
| Insurance | $30,340 |
| All other expenses | $80,942 |
| Total functional expenses | $4,177,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $860,759 |
| Savings and temporary cash investments | $892,818 |
| Pledges and grants receivable | $139,099 |
| Accounts receivable, net | $79,207 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,139 |
| Prepaid expenses and deferred charges | $6,162 |
| Net Land, buildings, and equipment | $1,105,789 |
| Investments—publicly traded securities | $757,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $298,511 |
| Total assets | $4,152,863 |
| Accounts payable and accrued expenses | $58,676 |
| 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 | $98,181 |
| Total liabilities | $156,857 |
| Net assets without donor restrictions | $2,501,710 |
| Net assets with donor restrictions | $1,494,296 |
| 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 | $4,152,863 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Historic Columbia Foundation Inc has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Lucy Hampton Bostick Charitable Trust Columbia, SC PURPOSE: SUPPORT EXEMPT PURPOSE | $32,000 |
Endowment Analysis
| Beg. Balance | $817,369 |
| Earnings | -$83,946 |
| Admin Expense | $6,044 |
| Net Contributions | $30,000 |
| Ending Balance | $757,379 |
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 |