Tennessee Historical Society
- Assets
- $1.0m
- Revenue
- $454.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Nashville, TN
- Founding
- 10/1954
- Data as of
- 06/2022
- EIN
- 62-1053507
Organization Overview
Tennessee Historical Society is located in Nashville, TN. The organization was established in 1954. 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 06/2022, Tennessee Historical Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee 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 06/2022, Tennessee Historical Society generated $454.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $289.2k during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INTEREST IN AND PRESERVATION OF ALL MATTERS RELATING TO THE HISTORY OF TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY PRODUCES A QUARTERLY MAGAZINE ON TENNESSEE HISTORY, PROVIDES RESEARCH ON TENNESSEE HISTORICAL SITES, OVERSEES EVENTS TO RAISE AWARENESS ABOUT TENNESSEE HISTORY AND IS RESPONSIBLE FOR DONATED HISTORICAL ARTIFACTS AND DOCUMENTS.
THE SOCIETY OVERSEES AND PROVIDES SUPPORT FOR TENNESSEE HISTORY DAY WHERE STUDENTS COMPETE IN VARIOUS CATEGORIES OF HISTORY.
THE SOCIETY OVERSAW A WOMAN'S SUFFRAGE EVENT THAT WAS HELD TO CELEBRATE THE 100 YEAR ANNIVERSARY OF THE PASSING OF THE 19TH AMENDMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer C Core Executive Di | OfficerTrustee | 40 | $68,750 |
David Fox President | OfficerTrustee | $0 | |
Sarah Jones Harbison VP - East Tn | OfficerTrustee | $0 | |
A J Kazimi VP - Mid Tn | OfficerTrustee | $0 | |
Andrew May Treasurer | OfficerTrustee | $0 | |
Derita Coleman Williams VP - West Tn | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $215,041 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,552 |
| Total Program Service Revenue | $30,526 |
| Investment income | $79,639 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $454,160 |
| 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. | $78,641 |
| Compensation of current officers, directors, key employees. | $18,198 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,278 |
| Pension plan accruals and contributions | $1,200 |
| Other employee benefits | $8,271 |
| Payroll taxes | $9,879 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,250 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $501 |
| Insurance | $1,628 |
| All other expenses | $2,493 |
| Total functional expenses | $289,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,666 |
| Savings and temporary cash investments | $18,614 |
| Pledges and grants receivable | $60,285 |
| Accounts receivable, net | $6,878 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,133 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,522 |
| Investments—publicly traded securities | $631,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,049,329 |
| Accounts payable and accrued expenses | $14,706 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $14,706 |
| Net assets without donor restrictions | $914,486 |
| Net assets with donor restrictions | $120,137 |
| 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 | $1,049,329 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Tennessee Historical Society has recieved totaling $22,786.
| Awarding Organization | Amount |
|---|---|
Humanities Tennessee Nashville, TN PURPOSE: HUMANITIES PROJECT | $6,100 |
James R Meadows Jr Foundation Nashville, TN PURPOSE: FOR USE IN THE ORGANIZATION'S EXEMPT FUNCTION | $5,000 |
Heller Family Foundation Inc Franklin, TN PURPOSE: GENERAL USE | $5,000 |
Memorial Foundation Inc Hendersonville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $4,000 |
The Nancy & Victor S Johnson Jr Foundation Inc Nashville, TN PURPOSE: FURTHER THE VALUES OF FOUNDATION | $1,000 |
The Fugitive Foundation Nashville, TN PURPOSE: OPERATING SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $771,264 |
| Earnings | -$121,419 |
| Ending Balance | $649,845 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
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 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |
Birmingham Landmarks Inc Birmingham, AL | $19,773,714 | $5,790,152 |
Alabama Historic Ironworks Commission Mccalla, AL | $4,360,177 | $2,386,256 |