SCOTTISH HERITAGE USA INC

EIN: 136218203 501(c)(3) Arts, Culture & Humanities

PINEHURST, NC

Total Revenue
$263,427
Total Expenses
$194,319
Total Assets
$1,597,919
Net Assets
$1,596,026
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NC
Principal Officer
PETER MCC WILSON
Phone
9102954448
Tax Period
2024-01-01 to 2024-12-31

SCOTTISH HERITAGE USA INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $263K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 26% operating margin.

Mission

SCOTTISH HERITAGE USA WAS FOUNDED IN 1965 BY WARD MELVILLE "TO RECOGNIZE AND ENHANCE THE ORIGINAL BONDS OF ANCESTRAL AND NATIONAL CHARACTER AMONG THE PEOPLE OF BETWEEN SCOTLAND AND THE PEOPLES OF THE UNITED STATES." WE INVITE ALL PEOPLE OF SCOTTISH DESCENT OR WHO ARE INTERESTED IN SCOTLAND TO JOIN US IN FURTHERING THE EXCHANGE OF IDEAS AND PEOPLE BETWEEN OUR TWO COUNTRIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,778
Program Service Revenue $1,165
Investment Income $222,447
Other Revenue $-963
TOTAL REVENUE $263,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,751
Fundraising Expenses $0
Program Expenses $129,112
Other Expenses $154,568
TOTAL EXPENSES $194,319

Year-over-Year Comparison

2024 2023 Change
Revenue $263,427 $133,592 +1.0%
Expenses $194,319 $143,013 +0.4%
Net Income $69,108 $-9,421 -8.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALASTAIR CAIRNS DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM S CAUDILL DIRECTOR 0.50
Director
$0 $0 $0
VISCOUNT DUNROSSIL DIRECTOR 0.50
Director
$0 $0 $0
BRUCE HAMILTON DIRECTOR 0.50
Director
$0 $0 $0
BETTY JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
NORMAN LIVERMORE DIRECTOR 0.50
Director
$0 $0 $0
CRAIG MCLEAN LONG TREASURER 0.50
Officer Director
$0 $0 $0
MARY ANNE MASTERS OD SECRETARY 0.50
Officer Director
$0 $0 $0
GEORGE APPERSON III PHD DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN QUILLIN DIRECTOR 0.50
Director
$0 $0 $0
PETER MCC WILSON PRESIDENT 0.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $263,427 $194,319 $1,597,919 $69,108
2023 $133,592 $143,013 $1,574,354 $-9,421
2022 $67,465 $134,906 $1,467,795 $-67,441
2021 $178,694 $126,224 $1,744,254 $52,470
2020 $71,537 $121,598 $1,668,028 $-50,061
2019 $94,058 $197,908 $1,606,623 $-103,850
2018 $112,812 $161,890 $1,526,034 $-49,078
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