Georgia Historical Society
- Assets
- $30.6m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Savannah, GA
- Founding
- 05/1951
- Data as of
- 06/2021
- EIN
- 58-0593403
Organization Overview
Georgia Historical Society is located in Savannah, GA. The organization was established in 1951. 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 06/2021, Georgia Historical Society employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Historical Society 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 06/2021, Georgia Historical Society generated $5.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR COMPLETE DESCRIPTION.GEORGIA HISTORICAL SOCIETY (GHS) IS THE PREMIER INDEPENDENT STATEWIDE INSTITUTION RESPONSIBLE FOR COLLECTING, EXAMINING, AND TEACHING GEORGIA HISTORY. GHS HOUSES THE OLDEST AND MOST DISTINGUISHED COLLECTION OF MATERIALS RELATED EXCLUSIVELY TO GEORGIA HISTORY IN THE NATION. FOUNDED IN 1839 WITH THE MISSION TO COLLECT, EXAMINE, AND TEACH GEORGIA AND AMERICAN HISTORY THROUGH EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND OUTREACH PROGRAMS - GHS TEACHES GEORGIA AND AMERICANHISTORY TO TEACHERS, STUDENTS, AND GENERAL AUDIENCES THROUGH THEDELIVERY OF PROFESSIONAL DEVELOPMENT PROGRAMS FOR EDUCATORS (K-12 ANDCOLLEGE FACULTY), DEVELOPMENT AND DISTRIBUTION OF CLASSROOM RESOURCESFOR TEACHERS, "TODAY IN GEORGIA HISTORY", AND THE ANNUAL GEORGIAHISTORY FESTIVAL. IN ADDITION, GHS MAKES HISTORY ACCESSIBLE TO DIVERSEAUDIENCES, INCLUDING TOURISTS, THROUGH THE DELIVERY OF STATEWIDELECTURES FEATURING NATIONALLY RECOGNIZED HISTORIANS, MANAGEMENT OF THESTATEWIDE HISTORICAL MARKER PROGRAM, AND THROUGH ITS AFFILIATE CHAPTERPROGRAM WHICH PROVIDES TECHNICAL SERVICES AND PROGRAM SUPPORT TO LOCALHISTORICAL ORGANIZATIONS STATEWIDE.
LIBRARY AND ARCHIVES SERVICES - A MAJOR RESEARCH CENTER, THE GHSLIBRARY AND ARCHIVES IS HOME TO THE MOST DISTINGUISHED COLLECTION OFPRIMARY AND SECONDARY SOURCE MATERIALS RELATED EXCLUSIVELY TO GEORGIAHISTORY IN THE NATION. MANUSCRIPT, MAP, ARTIFACT, PORTRAIT, AND PHOTORECORDS ARE SEARCHABLE VIA ONLINE RESEARCH TOOLS, INCLUDING AN ONLINEIMAGE DATABASE AND OPAC. IN ADDITION, RESEARCHERS (TEACHERS, STUDENTS,SCHOLARS, AND HISTORY ENTHUSIASTS) ARE INVITED TO CONDUCT ON-SITERESEARCH IN THE HODGSON HALL READING ROOM WHERE PROFESSIONAL ARCHIVISTSAND REFERENCE STAFF PROVIDE DIRECT ACCESS TO PRIMARY AND SECONDARYSOURCE MATERIALS HELD WITHIN THE GHS COLLECTION.
TELLING THE STORY OF GEORGIA FOR NEARLY TWO CENTURIES: GHS HAS BEEN PUBLISHING GEORGIA HISTORY ALMOST SINCE ITS FOUNDING AND IT REMAINS COMMITTED TO THIS VITAL PART OF OUR MISSION. IN 1840, IN AN EFFORT TO FACILITATE RESEARCH ON GEORGIA HISTORY AND INCREASE ACCESS TO ITS COLLECTIONS, GHS LAUNCHED AN AMBITIOUS PUBLICATIONS PROGRAM, WHICH INITIALLY CONSISTED OF TRANSCRIBING AND PUBLISHING MANY OF ITS MOST SIGNIFICANT MANUSCRIPTS. SINCE 1917 GHS HAS BEEN PUBLISHING THE GEORGIA HISTORICAL QUARTERLY, A SCHOLARLY PUBLICATION FEATURING ARTICLES, BOOK REVIEWS, PHOTO ESSAYS, AND EDITED PRIMARY MATERIALS RELATED TO GEORGIA HISTORY. TODAY, THE QUARTERLY IS RECOGNIZED AS THE JOURNAL OF RECORD FOR GEORGIA HISTORY AND AS ONE OF THE FINEST STATE HISTORICAL PUBLICATIONS IN THE NATION. GHS ALSO PUBLISHES GEORGIA HISTORY TODAY, A POPULAR HISTORY NEWSMAGAZINE DEDICATED TO EXAMINING THE ONGOING PRESENCE OF THE PAST. GEORGIA HISTORY TODAY EXPLORES EFFORTS UNDERWAY AROUND THE STATE TO PROMOTE HISTORY, INCLUDING ARTICLES ON SOME OF THE FASCINATING DOCUMENTS AND ARTIFACTS IN OUR COLLECTION, HISTORIC SITES, NEW BOOKS BEING PUBLISHED, AND THE PROGRAMS AND ACTIVITIES OF OUR AFFILIATES THROUGHOUT GEORGIA. IT ALSO FOCUSES ON THE MANY GEORGIANS WHO ARE MAKING A DIFFERENCE IN HOW HISTORY IS PRESERVED AND TAUGHT, BOTH THROUGH THEIR TIME AND THEIR RESOURCES.
ALL OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr William T Groce President And CEO | Officer | 40 | $329,995 |
Laura Garcia-Culler Vice President/coo | Officer | 40 | $242,501 |
H Jerome Russell Treasurer | OfficerTrustee | 1 | $0 |
Douglas J Hertz Secretary | OfficerTrustee | 1 | $0 |
Thomas M Holder Chairman | OfficerTrustee | 1 | $0 |
Ad Pete Correll Vice-Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jtvs Builders Construction | 6/29/21 | $1,906,874 |
Left Brain Right Consulting | 6/29/21 | $132,143 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $468,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,885,114 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,353,789 |
| Total Program Service Revenue | $331,342 |
| Investment income | $270,028 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,600,547 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,711 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,575,417 |
| 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. | $617,973 |
| Compensation of current officers, directors, key employees. | $85,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $839,833 |
| Pension plan accruals and contributions | $21,109 |
| Other employee benefits | $124,313 |
| Payroll taxes | $87,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,912 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $3,600 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $137,241 |
| Fees for services: Other | $128,166 |
| Advertising and promotion | $8,195 |
| Office expenses | $116,494 |
| Information technology | $52,517 |
| Royalties | $0 |
| Occupancy | $126,360 |
| Travel | $20,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,697 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $187,410 |
| Insurance | $30,902 |
| All other expenses | $2,218 |
| Total functional expenses | $2,860,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,392,694 |
| Savings and temporary cash investments | $1,412,903 |
| Pledges and grants receivable | $3,407,843 |
| Accounts receivable, net | $206,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,025 |
| Prepaid expenses and deferred charges | $79,665 |
| Net Land, buildings, and equipment | $4,095,977 |
| Investments—publicly traded securities | $16,020,699 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,982,030 |
| Total assets | $30,611,121 |
| Accounts payable and accrued expenses | $512,467 |
| Grants payable | $0 |
| Deferred revenue | $1,081,552 |
| 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 | $1,594,019 |
| Net assets without donor restrictions | $22,732,717 |
| Net assets with donor restrictions | $6,284,385 |
| 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 | $30,611,121 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Georgia Historical Society has recieved totaling $200,250.
| Awarding Organization | Amount |
|---|---|
Delta Air Lines Foundation Atlanta, GA PURPOSE: GRANT TO SUPPORT NEXT CENTURY INITIATIVE FOR THE RESEARCH CENTER | $200,000 |
Beard-Payne Family Foundation Inc Atlanta, GA PURPOSE: EDUCATION OF GA HISTORY | $250 |
Endowment Analysis
| Beg. Balance | $11,874,267 |
| Earnings | $3,936,665 |
| Net Contributions | $841,500 |
| Other Expense | $560,965 |
| Grants | $70,767 |
| Ending Balance | $16,020,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
Historic Columbia Foundation Inc Columbia, SC | $4,152,863 | $4,740,908 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Holocaust Documentation & Education Center Inc Dania Beach, FL | $7,248,445 | $3,037,559 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
Birmingham Landmarks Inc Birmingham, AL | $19,773,714 | $5,790,152 |
Alabama Historic Ironworks Commission Mccalla, AL | $4,360,177 | $2,386,256 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |