The Peoples Heritage Foundation Inc
- Assets
- $363.9k
- Revenue
- $28.2k
- Investments
- $186.1k
- Employees
- 0
- Location
- Biloxi, MS
- Founding
- 09/1981
- Data as of
- 06/2021
- EIN
- 64-0654290
Organization Overview
The Peoples Heritage Foundation Inc is located in Biloxi, MS. The organization was established in 1981. 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. Peoples Heritage 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 06/2021, Peoples Heritage Foundation Inc generated $28.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $21.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Numerous Business Civic Leaders Trustees | 0 | $0 | |
Donald Marie Vice-President | 0 | $0 | |
Chevis C Swetman President | 0 | $0 | |
Jamie Swan Secretary/ Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,822 |
| Capital Gain Net Income | $15,822 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $291 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,719 |
| Total operating and administrative expenses | $11,051 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $21,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,340 |
| Savings and temporary cash investments | $1,011 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $173,383 |
| Other assets | $0 |
| Total assets | $363,871 |
| 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 |
Grants Awarded
Over the last fiscal year, The Peoples Heritage Foundation Inc has awarded $10,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Biloxi, MS PURPOSE: SUPPORT FOR RENOVATION EXPENSES | $2,000 |
OHR O'KEEFE MUSEUM OF ART PURPOSE: SUPPORT FOR UPGRADE EXPENSES | $2,000 |
BILOXI SEAFOOD INDUSTRY MUSEUM PURPOSE: SUPPORT FOR SEAFOOD HISTORY OF BILOXI EXHIBITION | $2,000 |
INFINITY SCIENCE CENTER PURPOSE: SUPPORT FOR INFINITY SCIENCE CENTER | $2,000 |
SOUTHERN MEMORIAL CEMETERY PURPOSE: SUPPORT FOR SOUTHERN MEMORIAL CEMETERY | $1,000 |
PASCAGOULA RIVER AUDUBON CENTER PURPOSE: SUPPORT FOR AUDUBON CENTER | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
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 |
Birmingham Landmarks Inc Birmingham, AL | $19,773,714 | $5,790,152 |
Alabama Historic Ironworks Commission Mccalla, AL | $4,360,177 | $2,386,256 |
American Association For State And Local History Nashville, TN | $3,183,463 | $1,709,459 |
River Road Historical Society Destrehan, LA | $8,368,126 | $1,410,629 |
The Womans Exchange New Orleans, LA | $10,094,476 | $1,085,380 |
Landmarks Foundation Of Montgomery Montgomery, AL | $1,396,181 | $849,909 |
Travellers Rest Historic House Museum Inc Nashville, TN | $863,469 | $449,489 |
American Wood Protection Association Inc Birmingham, AL | $684,306 | $660,607 |
Tennessee Overhill Heritage Association Etowah, TN | $374,282 | $121,863 |