Form 990 for tax year 2023
Filed by CAPE FEAR MUSEUM ASSOCIATES INC.
Totals
- Total revenue
- $241,679
- Total expenses
- $316,608
- Contributions and grants received
- $180,986
- Grants paid
- $0
- Program service revenue
- $21,854
- Investment income
- $48,962
- Other revenue
- -$10,123
- Total assets, end of year
- $1,826,860
- Total liabilities, end of year
- $1,210
- Net assets or fund balances, end of year
- $1,825,650
- Program services expenses (Part IX)
- $254,964
- Management and general expenses
- $41,101
- Fundraising expenses
- $20,543
- Program service expenses (Part III)
- $254,964
Program services were 80.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$53,428
-
1f · All other contributions, gifts and grants
$127,558
-
1g · Noncash contributions included above
$58,830
-
2a · Program service revenue: Memberships
total $21,854 · related or exempt $21,854
-
3 · Investment income
total $48,962 · excluded $48,962
-
8a · Fundraising events: gross income
$4,519
-
8a · Fundraising events: contributions included on line 1c
$53,428
-
8b · Fundraising events: direct expenses
$14,642
-
8c · Net income from fundraising events
total -$10,123 · excluded -$10,123
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $8,238 · management and general $8,238
-
11g · Fees: other
total $2,297 · management and general $2,297
-
12 · Advertising and promotion
total $17,230 · program services $13,784 · fundraising $3,446
-
13 · Office expenses
total $6,258 · program services $4,380 · management and general $1,252 · fundraising $626
-
23 · Insurance
total $698 · management and general $698
-
24a · Other expenses: Exhibition
total $124,035 · program services $124,035
-
24b · Other expenses: Special project
total $86,263 · program services $86,263
-
24c · Other expenses: Inkind
total $52,363 · program services $24,611 · management and general $15,709 · fundraising $12,043
-
24d · Other expenses: Supplies
total $17,209 · management and general $12,907 · fundraising $4,302
-
24e · All other expenses
total $2,017 · program services $1,891 · fundraising $126
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $359,472 · end of year $234,430
-
2 · Savings and temporary cash investments
beginning of year $78,603 · end of year $79,213
-
11 · Investments: publicly traded securities
beginning of year $1,278,263 · end of year $1,513,217
-
17 · Accounts payable and accrued expenses
beginning of year $4,843 · end of year $1,210
-
27 · Net assets without donor restrictions
beginning of year $1,424,781 · end of year $1,621,896
-
28 · Net assets with donor restrictions
beginning of year $286,714 · end of year $203,754
Mission and programs · 2023
Mission
To solicit and receive contributions for the county owned historical museum. To purchase and receive museum pieces and artifacts of local historical value. To support and assist in expanding the work of the museum.
-
Direct costs of public events, classes, field trips, day camps to promote the county owned museum and local history and culture. Other cost of promoting and supporting the use of the local county owned museum and solicting local artifacts, support volunteers who work free of change in the museum, cost to produce and mail a newsletter of museum events and activities, and the purchase of exhibits and equipment used in the museum.
Expenses $254,964 · Revenue $21,854
As filed on the 2023 return.
Listed in Part VII
-
Sara Izad
President
- Total calculated
- $0
- Hours/week
- 2
-
Toni Pence
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Susan Hanna
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
John Coble
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Katie Gloe
Past President
- Total calculated
- $0
- Hours/week
- 1
-
Amy Akers
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kate Baynard
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stuart Borrett
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn Brewer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert Cameron Jr
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ginny Dunn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Carol Anne Durham
Director
- Total calculated
- $0
- Hours/week
- 1
-
Richard Formo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wheat Holt
Director
- Total calculated
- $0
- Hours/week
- 1
-
Girard Newkirk
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chip Rajca
Director
- Total calculated
- $0
- Hours/week
- 1
-
Daniella Reina
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ashley Smeaton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Judy Thornton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jack Mills
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dana Crater
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412489349300421
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