Historic Homes Foundation Inc is located in Louisville, KY. The organization was established in 1959. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Historic Homes Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Homes 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 08/2023, Historic Homes Foundation Inc generated $895.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $915.0k during the year ending 08/2023. While expenses have increased by 14.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PURCHASE, PRESERVE AND DISPLAY HISTORIC SITES AND TO ADVANCE EDUCATION, CULTURE, AND THE ARTS IN KENTUCKY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATIONS: FARMINGTON 3033 BARDSTOWN ROAD LOUISVILLE, KY 40205
MUSEUM OPERATIONS: WHITEHALL 3110 LEXINGTON ROAD LOUISVILLE, KY 40206
ALL OTHER HISTORIC HOMES RELATED PROGRAM EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dean Wilkinson President | OfficerTrustee | 2 | $0 |
Butch Shaw Hhf/te Treasurer | OfficerTrustee | 2 | $0 |
John Stough Trustee | Trustee | 1 | $0 |
Robert Butler Trustee | Trustee | 1 | $0 |
Bob Brand Farmington Board Regent | Trustee | 1 | $0 |
Patrick Wilbourn Farmington Treasurer | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $100,000 |
All other contributions, gifts, grants, and similar amounts not included above | $252,696 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $352,696 |
Total Program Service Revenue | $463,416 |
Investment income | $27,859 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $22,066 |
Net Income from Fundraising Events | $14,220 |
Net Income from Gaming Activities | $5,147 |
Net Income from Sales of Inventory | $4,283 |
Miscellaneous Revenue | $0 |
Total Revenue | $895,133 |
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. | $172,400 |
Compensation of current officers, directors, key employees. | $52,410 |
Compensation to disqualified persons | $108,842 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,711 |
Payroll taxes | $19,201 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,480 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,794 |
Fees for services: Other | $31,255 |
Advertising and promotion | $1,613 |
Office expenses | $14,484 |
Information technology | $1,520 |
Royalties | $0 |
Occupancy | $236,804 |
Travel | $616 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,798 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $58,068 |
Insurance | $33,819 |
All other expenses | $11,822 |
Total functional expenses | $914,957 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $299,986 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $120 |
Prepaid expenses and deferred charges | $4,186 |
Net Land, buildings, and equipment | $4,234,916 |
Investments—publicly traded securities | $1,449,242 |
Investments—other securities | $27,230 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,015,680 |
Accounts payable and accrued expenses | $15,923 |
Grants payable | $0 |
Deferred revenue | $72,056 |
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 | $85,550 |
Other liabilities | $176,293 |
Total liabilities | $349,822 |
Net assets without donor restrictions | $246,209 |
Net assets with donor restrictions | $5,419,649 |
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 | $6,015,680 |