Cherry Hill Historical Foundation Inc
- Assets
- $1.0m
- Revenue
- $35.4k
- Investments
- $468.3k
- Employees
- 0
- Location
- Warrenton, NC
- Founding
- 11/1984
- Data as of
- 12/2023
- EIN
- 58-1581280
Organization Overview
Cherry Hill Historical Foundation Inc is located in Warrenton, NC. The organization was established in 1984. 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. Cherry Hill Historical 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 12/2023, Cherry Hill Historical Foundation Inc generated $35.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $122.9k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PUBLIC ACCESS TO CLASSICAL MUSIC CONCERTS INCLUDING LECTURES AND DRAMATIC READINGS AND TO PROMOTE THE HISTORICAL SIGNIFICANCE OF CHERRY HILL PLANTATION IN WARREN COUNTY, NC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noel Robertson President | 1 | $0 | |
Audrey Tippett Vice President | 1 | $0 | |
Mary Hunter Secretary | 1 | $0 | |
Mary Catherine Harris Treasurer | 1 | $0 | |
Julius E Banzet III Director | 1 | $0 | |
Brooke Holt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $805 |
| Interest on Savings | $1 |
| Dividends & Interest | $12,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,929 |
| Capital Gain Net Income | $2,929 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,470 |
| Total Revenue | $35,362 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,520 |
| Depreciation | $6,003 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $92,439 |
| Total operating and administrative expenses | $122,870 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $122,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,497 |
| Savings and temporary cash investments | $19,591 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $138,861 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $381,810 |
| Other assets | $1,274 |
| Total assets | $1,026,323 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |