The Peoples Heritage Foundation Inc
- Assets
- $382.3k
- Revenue
- $22.0k
- Investments
- $204.2k
- Employees
- 0
- Location
- Biloxi, MS
- Founding
- 09/1981
- Data as of
- 06/2023
- 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 06/2023, Peoples Heritage Foundation Inc generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $31.8k during the year ending 06/2023. 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 |
|---|---|---|---|
Chevis C Swetman President | 0 | $0 | |
Donald Marie Vice-President | 0 | $0 | |
Jamie Swan Secretary/ Treasurer | 0 | $0 | |
Jeffrey O'keefe Trustee | 0 | $0 | |
Millie Page Trustee | 0 | $0 | |
Bill Raymond Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,461 |
| Capital Gain Net Income | $4,461 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,526 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,477 |
| Total operating and administrative expenses | $9,781 |
| Contributions, gifts, grants paid | $22,000 |
| Total expenses and disbursements | $31,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,158 |
| Savings and temporary cash investments | $3,595 |
| 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 | $204,158 |
| Net Land, buildings, and equipment | $173,383 |
| Other assets | $0 |
| Total assets | $382,294 |
| 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 | $12,000 |
| Other liabilities | $0 |
| Total liabilities | $12,000 |
Grants Awarded
Over the last fiscal year, The Peoples Heritage Foundation Inc has awarded $22,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BILOXI SEAFOOD INDUSTRY MUSEUM PURPOSE: SUPPORT FOR SEAFOOD HISTORY OF BILOXI EXHIBITION | $6,000 |
OHR O'KEEFE MUSEUM OF ART PURPOSE: SUPPORT FOR UPGRADE EXPENSES | $6,000 |
CITY OF BILOXI PURPOSE: SUPPORT FOR RESTORATION OF SAENGER THEATRE | $10,000 |