Museum Of North Carolina Handicrafts Incorporated
- Assets
- $56.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waynesville, NC
- Founding
- 03/1978
- Data as of
- 12/2021
- EIN
- 58-1307931
Organization Overview
Museum Of North Carolina Handicrafts Incorporated is located in Waynesville, NC. The organization was established in 1978. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Museum Of North Carolina Handicrafts 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 12/2021, Museum Of North Carolina Handicrafts Incorporated generated $67.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $87.8k during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MUSEUM OPEN 9AM-4PM TUES-SAT APR-OCT ANNUALLYPRESERVATION OF HISTORIC SHELTON HOUSE ON NATIONAL REGISTRY OF HISTORIC PLACES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Jane League Chair | 10 | $0 | |
Sam M Underwood Treasurer | 5 | $0 | |
Mark Pinkston Board Member | 1 | $0 | |
Joe Sam Queen Board Member | 1 | $0 | |
Pamela Reece Vice Chair | 1 | $0 | |
Catherine Ellis Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,762 |
| Total Program Service Revenue | $11,343 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,367 |
| Other Revenue | $17,231 |
| Total Revenue | $67,713 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,255 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $48,319 |
| Printing, publications, postage, and shipping | $1,785 |
| Other expenses | $13,452 |
| Total expenses | $87,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,232 |
| Other assets | $0 |
| Total assets | $56,326 |
| Total liabilities | $2,521 |
| Net assets or fund balances | $53,805 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Museum Of North Carolina Handicrafts Incorporated has recieved totaling $7,154.
| Awarding Organization | Amount |
|---|---|
North Carolina Humanities Council Charlotte, NC PURPOSE: FUNDING IS AWARDED TO SUPPORT HUMANITIES STAFF SALARIES AND OTHER FIXED OPERATING COSTS TO MAINTAIN HUMANITIES PROGRAMMING/SERVICES. FUNDING PROVIDED FOR SALARY MAY COVER FRINGE BENEFITS, BUT MAY NOT BE USED TO COVER FEDERAL OR STATETAXES. | $7,154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Glass-Glen Burnie Museum Inc Winchester, VA | $37,985,540 | $7,078,309 |
Telfair Museum Of Art Inc Savannah, GA | $65,681,011 | $7,397,922 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
The Taubman Museum Of Art Roanoke, VA | $68,810,995 | $4,453,447 |
Reynolda House Inc Winston Salem, NC | $41,896,751 | $3,493,024 |
Columbia Museum Of Art Columbia, SC | $10,316,216 | $4,304,789 |
The Columbus Museum Inc Columbus, GA | $52,804,337 | $14,324,674 |
Knoxville Museum Of Art Knoxville, TN | $12,196,877 | $3,220,850 |
Louise Wells Cameron Art Museum Wilmington, NC | $20,155,749 | $2,062,415 |
Asheville Art Museum Association Inc Asheville, NC | $32,695,907 | $8,810,292 |
National Ornamental Metal Museum Inc Memphis, TN | $19,212,719 | $16,707,423 |