State Capitol Foundation Inc

Organization Overview

State Capitol Foundation Inc is located in Raleigh, NC. The organization was established in 1977. 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. State Capitol 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 06/2023, State Capitol Foundation Inc generated $67.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $93.6k during the year ending 06/2023. While expenses have increased by 19.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST THE STATE OF NORTH CAROLINA TO MAINTAIN, PRESERVE, FURNISH, EQUIP, EXHIBIT AND INTERPRET TO THE PUBLIC THE NORTH CAROLINA STATE CAPITOL AND UNION SQUARE ON WHICH IT STANDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT NORTH CAROLINA IN ITS MISSION TO FURTHER EDUCATIONAL OPPORTUNITIES AT THE CAPITOL AND TO ENCOURAGE THE CONTINUAL RESTORATION AND INTERPRETATION OF THIS MOST IMPORTANT CIVIC BUILDING. BY RAISING BOTH AWARENESS AND FUNDS, THE FOUNDATION CONTINUES TO TRANSFORM THE STATE CAPITOL SITE INTO AN EXPERIENCE THAT WILL EDUCATE AND INSPIRE GENERATIONS TO COME.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Montgomery
President
$0
Kevin Leonard
First VP
$0
Chancy Mclean Kapp
Treasurer
$0
Edward Davis
Second VP
$0
Katie Cashion
Immediate Pa
$0
Julie Lisella
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $34,500
All other contributions, gifts, grants, and similar amounts not included above$10,945
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$45,445
Total Program Service Revenue$1,104
Investment income $23,062
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,751
Miscellaneous Revenue$0
Total Revenue $67,140

Peer Organizations

Organization NameAssets
The Heritage Foundation Of Williamson County Tn
Franklin, TN
$7,048,834
Maymont Foundation
Richmond, VA
$5,438,283
The Lynnwood Foundation
Charlotte, NC
$5,302,280
Andrew Jackson Foundation
Hermitage, TN
$8,643,061
Classical American Homes Preservation Trust
Hillsborough, NC
$3,359,626
Coastal Heritage Society Inc
Savannah, GA
$4,687,776
Georgia Historical Society
Savannah, GA
$4,642,270
Patrick Henry Memorial Foundation
Brookneal, VA
$2,907,927
Historic Columbia Foundation Inc
Columbia, SC
$3,036,283
The George Washington Foundation
Fredericksburg, VA
$2,238,621
Preservation Society Of Charleston
Charleston, SC
$2,830,679
Coastal Georgia Historical Society Inc
St Simons Island, GA
$2,849,094
American Association For State And Local History
Nashville, TN
$2,022,512
The Historic Preservation Foundation Of North Carolina Inc
Raleigh, NC
$1,741,877
Tybee Island Historical Society Inc
Tybee Island, GA
$2,077,533
South Carolina Historical Society
Charleston, SC
$956,791
Cox-Foundation Cox Wood Preserving Co
Edisto Island, SC
$146,397
Oatlands Inc
Leesburg, VA
$1,110,600
Historic Savannah Foundation Incorporated
Savannah, GA
$1,138,454
Historic Richmond Foundation-The William Byrd Branch Of Apva Preser
Richmond, VA
$1,117,723
Historic Columbus Foundation Inc
Columbus, GA
$1,925,473
Masonic Theatre Preservation Foundation
Clifton Forge, VA
$477,311
Historic St Lukes Restoration
Smithfield, VA
-$231,914
Union County Historical Society Of Union South Carolina
Union, SC
$138,719
Troup County Historical Society Inc
Lagrange, GA
$739,413

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