Fayette Area Historical Initiative is located in Martinsville, VA. The organization was established in 2006. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Fayette Area Historical Initiative 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 12/2018, Fayette Area Historical Initiative generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $1.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (38.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
BROUGHT IN AT LEAST 2300 VISITORS TO THE MUSEUM SET UP 14 NEW EDUCATIONAL PROGRAMS SET UP 21 NEW EXHIBITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Simon Spencer Director | 3 | $0 | |
Deborah Mitchell Treasurer | 3 | $0 | |
Cordelia Holland Chairman | 3 | $0 | |
Artis Law Vice President | 3 | $0 | |
Annie Hairston Secretary | 3 | $0 | |
Toney Millner Director | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,255 |
Total Program Service Revenue | $0 |
Membership dues | $4,250 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,525 |
Other Revenue | $0 |
Total Revenue | $14,030 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $1,460 |
Printing, publications, postage, and shipping | $185 |
Other expenses | $0 |
Total expenses | $1,645 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,540 |
Other assets | $0 |
Total assets | $58,653 |
Total liabilities | $0 |
Net assets or fund balances | $58,653 |
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