Hagood Mill Foundation
- Assets
- $178.3k
- Revenue
- $355.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Pickens, SC
- Founding
- 10/2018
- Data as of
- 06/2021
- EIN
- 82-5235551
Organization Overview
Hagood Mill Foundation is located in Pickens, SC. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Hagood Mill Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hagood Mill Foundation 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, Hagood Mill Foundation generated $355.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $352.0k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HAGOOD MILL HISTORIC SITE IS DEDICATED TO THE PROTECTION, PRESERVATION, STUDY AND EDUCATION OF UPCOUNTRY LIFE AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROTECTION, PRESERVATION, STUDY AND EDUCATION OF UPCOUNTRY LIFE AND CULTURE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Crawford Executive Di | Officer | 40 | $62,400 |
Tom Hagood Treasurer | OfficerTrustee | 4 | $0 |
Betty Mcdaniel Vice-Chair | OfficerTrustee | 12 | $0 |
Robert Sams Chair | OfficerTrustee | 4 | $0 |
Michael Bramlett Director | Trustee | 5 | $0 |
Duff Bruce Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $158,847 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,972 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,819 |
| Total Program Service Revenue | $129,800 |
| Investment income | $331 |
| 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 | $354,950 |
| 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. | $62,400 |
| Compensation of current officers, directors, key employees. | $62,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,481 |
| Office expenses | $4,342 |
| Information technology | $3,954 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $654 |
| Insurance | $2,120 |
| All other expenses | $75,678 |
| Total functional expenses | $352,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,906 |
| 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 | $543 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $178,273 |
| Accounts payable and accrued expenses | $0 |
| 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 | $15,621 |
| Total liabilities | $15,621 |
| Net assets without donor restrictions | $129,795 |
| Net assets with donor restrictions | $32,857 |
| 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 | $178,273 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hagood Mill Foundation has recieved totaling $33,900.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $19,500 |
South Carolina Humanites Council Columbia, SC PURPOSE: ARP, FIELD TRIP | $12,400 |
Harper Family Foundation Greenville, SC PURPOSE: UNRESTRICTED | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Lake City Creative Alliance Lake City, SC | $2,218,618 | $313,280 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |
Atlanta Dogwood Festival Inc Atlanta, GA | $455,416 | $1,726,662 |
Leaf Community Arts Asheville, NC | $3,845,862 | $2,454,886 |
Greenville Arts Festival Greenville, SC | $414,917 | $1,429,371 |
Thomasville Cultural Center Inc Thomasville, GA | $2,261,384 | $1,406,934 |