The Willamette Heritage Center
- Assets
- $3.4m
- Revenue
- $1.1m
- Investments
- $1.0m
- Employees
- 16
- Location
- Salem, OR
- Founding
- 09/1964
- Data as of
- 12/2022
- EIN
- 93-6031792
Organization Overview
The Willamette Heritage Center is located in Salem, OR. The organization was established in 1964. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Willamette Heritage Center employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willamette Heritage Center 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 12/2022, Willamette Heritage Center generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT GENERATIONS BY PRESERVING AND INTERPRETING THE HISTORY OF THE MID-WILLAMETTE VALLEY. THE WHC COLLECTS, CARES FOR, INTERPRETS, SHOWCASES, AND PROMOTES UNDERSTANDING OF AN EDUCATION ABOUT THE HISTORY OF THE WILLAMETTE VALLEY REGION, INCLUDING MARION COUNTY AND THE GREATER SALEM AREA. THE WHC IS ANCHORED BY THE HISTORIC EARLY SETTLEMENT BUILDINGS, THE THOMAS KAY WOOLEN MILL AND ITS ARCHIVAL AND LIBRARY HOLDINGS.
Describe the Organization's Program Activity:
IN 2022, THE WILLAMETTE HERITAGE CENTER OFFERED COMMUNITY MEMBERS AND OUT-OF-TOWN VISITORS A VARIETY OF OPPORTUNITIES TO DISCOVER, ENGAGE, AND MAKE HISTORY. THESE OPPORTUNITIES INCLUDED: PERMANENT AND CHANGING EXHIBIT SPACES, A RESEARCH LIBRARY AND ARCHIVE, A TEXTILE LEARNING CENTER, RENTABLE EVENT SPACES, EDUCATIONAL OPPORTUNITIES FOR ALL AGES, AND SPECIAL EVENTS. IN ADDITION TO THE 5 1/2-ACRE CAMPUS AND FOURTEEN HISTORIC BUILDINGS ON SITE, WHC IS ALSO HOME TO A RESTAURANT, RETAIL SPACES, COOPERATIVE ARTIST STUDIOS, AND BUSINESS OFFICES FOR OUR PARTNER ORGANIZATIONS.
FACILITY RENTALS - THREE HISTORICAL MEETING VENUES, A SMALL CHURCH AND THE GROUNDS ARE AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lola Hackett President | OfficerTrustee | 5 | $0 |
Richard Davis Secretary | OfficerTrustee | 2 | $0 |
Lori K Woodbury Treasurer | OfficerTrustee | 2 | $0 |
Sam Skillern III Director | Trustee | 2 | $0 |
Tom Mcmullen Director | Trustee | 2 | $0 |
Coburn Grabenhorst Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,863 |
| Fundraising events | $28,007 |
| Related organizations | $0 |
| Government grants | $320,751 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,445 |
| Noncash contributions included in lines 1a–1f | $12,581 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $515,066 |
| Total Program Service Revenue | $69,458 |
| Investment income | $18,801 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $417,569 |
| Net Gain/Loss on Asset Sales | $42,046 |
| Net Income from Fundraising Events | -$5,476 |
| Net Income from Gaming Activities | $387 |
| Net Income from Sales of Inventory | $1,291 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,059,167 |
| 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. | $86,618 |
| Compensation of current officers, directors, key employees. | $25,985 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $430,124 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,938 |
| Payroll taxes | $53,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,850 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,917 |
| Fees for services: Other | $70,280 |
| Advertising and promotion | $16,422 |
| Office expenses | $95,490 |
| Information technology | $16,583 |
| Royalties | $0 |
| Occupancy | $150,459 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,290 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,386 |
| Insurance | $22,430 |
| All other expenses | -$6,296 |
| Total functional expenses | $1,112,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,027 |
| Savings and temporary cash investments | $383,013 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,516 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,500 |
| Prepaid expenses and deferred charges | $8,721 |
| Net Land, buildings, and equipment | $1,895,552 |
| Investments—publicly traded securities | $19,619 |
| Investments—other securities | $1,032,198 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,327 |
| Total assets | $3,445,473 |
| Accounts payable and accrued expenses | $29,184 |
| Grants payable | $0 |
| Deferred revenue | $76,622 |
| 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 | $7,164 |
| Total liabilities | $112,970 |
| Net assets without donor restrictions | $2,300,305 |
| Net assets with donor restrictions | $1,032,198 |
| 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 | $3,445,473 |