EAST TENNESSEE HISTORICAL SOCIETY INC

EIN: 320320825 501(c)(3) Arts, Culture & Humanities

Knoxville, TN

Total Revenue
$1,509,951
Total Expenses
$1,724,069
Total Assets
$4,325,121
Net Assets
$4,216,346
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TN
Principal Officer
Joe E Thompson III
Phone
8652158824
Tax Period
2023-01-01 to 2023-12-31

EAST TENNESSEE HISTORICAL SOCIETY INC, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.7M exceeded revenue, resulting in a 14% operating deficit.

Mission

The mission of the East Tennessee Historical Society, Inc. (ETHS) is to preserve, interpret and promote the history of East Tennessee, in order to educate and connect the region, its people, history, culture and heritage. ETHS pursues its educational mission through publications, lectures, conferences, school programs, exhibits, collection and preservation of artifacts, and heritage programs such as the First Families of Tennessee and Civil War Families of Tennessee.

Program Service Accomplishments

Program 1
Expenses: $393,444 Revenue: $68,481

ARTIFACTS AND EXHIBITS - ETHS maintains an extensive collection of cultural artifacts, historical documents, and folk art, concentrating on items of historical significance to East Tennessee. In...

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ARTIFACTS AND EXHIBITS - ETHS maintains an extensive collection of cultural artifacts, historical documents, and folk art, concentrating on items of historical significance to East Tennessee. In 2023, ETHS spent $27,994 on new purchases and care of the collection, and received gifts valued at $4,895. Its permanent collection is valued at over $2.1 million, with additional items valued at $3.9 million on long-term loan. Depreciation and maintenance costs on a $3.5 million signature permanent exhibit completed in 2010 "Voices of the Land: The People of East Tennessee" totaled $183,852. Museum visitors to the permanent exhibit and two temporary exhibits totaled 20,248 in 2023, and generated revenue from admissions of $68,481. The temporary exhibits included "Lights! Camera! East Tennessee!", chronicling Knoxville's contributions to film, featuring highlights from 35 mm film and stories of how Knoxvillians made Hollywood history, and "They Sang What They Lived: The Story of Carl and Pearl Butler" the first retrospective exhibition of Carl and Pearl Butler, the iconic country music duo whose timeless lyrics and harmonious melodies left an indelible mark on country music. ETHS extends the life and reach of selected exhibits by making them available to museums, libraries and universities across the region and in other states. ETHS spent $11,572 on temporary exhibits in 2023.

Program 2
Expenses: $767,368 Revenue: $1,357

EDUCATION - ETHS provides educational programs for the general public (lectures, workshops, family days, genealogical workshops, and special events), student programs (at the museum and in...

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EDUCATION - ETHS provides educational programs for the general public (lectures, workshops, family days, genealogical workshops, and special events), student programs (at the museum and in classrooms), and teacher programs (variety of professional development offerings with associated materials and resources). In 2023, ETHS provided programs to over 27,308 members of the public, 5,648 students and 173 teachers. About 39% attended programs at ETHS; the rest were off-site. In addition, ETHS provided information and educational opportunities to over 484,000 persons through its media/online outreach and E-newsletter. Educational programs introduce students of all ages to East Tennessee's history in fun, hands-on, and interactive ways to enrich the Tennessee social studies and literacy standards. Students engage with the museum galleries as well as with programs such as Discovery Boxes and Objects Over Time. A new interactive program for preschoolers, Little History Lessons, was introduced in 2022. In 2023, ETHS initiated the Appalachian Sessions educational project with partner Appalachia Sessions, LLC. ETHS staff work with the LLC to provide participating students and their teachers regional content programming before live-performances produced for future broadcast. ETHS also continues its special heritage program "First Families of Tennessee", founded in 1993 to honor the state's first residents and to identify their descendants. The program has over 17,000 members from across the United States and eight foreign countries. Membership is open to anyone who can prove direct descent from a person living in Tennessee before or by the time of statehood in 1796. 150 new members received certificates in 2023, including certificates for the companion program Civil War Families of Tennessee, which has over 1,300 members.

Program 3
Expenses: $110,483 Revenue: $0

PUBLICATIONS - ETHS develops, prints and distributes "Tennessee Ancestors" semiannually (document transcriptions, historical and genealogical articles), the "Journal of East Tennessee History"...

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PUBLICATIONS - ETHS develops, prints and distributes "Tennessee Ancestors" semiannually (document transcriptions, historical and genealogical articles), the "Journal of East Tennessee History" annually (scholarly magazine), and "Newsline" semiannually (information on ETHS and other regional organizations).

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,302,181
Program Service Revenue $106,377
Investment Income $67,378
Other Revenue $34,015
TOTAL REVENUE $1,509,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $688,391
Fundraising Expenses $198,212
Program Expenses $1,271,295
Other Expenses $1,026,829
TOTAL EXPENSES $1,724,069

Year-over-Year Comparison

2023 2022 Change
Revenue $1,509,951 $1,177,081 +0.3%
Expenses $1,724,069 $1,347,499 +0.3%
Net Income $-214,118 $-170,418 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
23
Independent Members
23
Employees
19
Volunteers
175

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
8
$128,649
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
A Warren Dockter PhD President/CEO 40
Officer
$112,500 $16,149 $128,649
Eric Dawson Board member 1
Director
$0 $0 $0
Samantha Edwards Lacy Board member 1
Director
$0 $0 $0
Charles E Atchley Jr Board member 1
Director
$0 $0 $0
Kreis Beall Board member 1
Director
$0 $0 $0
Cindi DeBusk Board member 1
Director
$0 $0 $0
Erin Burns Freeman Board member 1
Director
$0 $0 $0
Mathew McClellan Board member 1
Director
$0 $0 $0
Bob Marquis Board member 1
Director
$0 $0 $0
David W Mink Recording Secretary 1
Officer Director
$0 $0 $0
Jordan Mollenhour Board member 1
Director
$0 $0 $0
Carroll Ross Board member 1
Director
$0 $0 $0
John A Sibley Board member 1
Director
$0 $0 $0
D Ray Smith Board member 1
Director
$0 $0 $0
Hubert Smith Vice-Chairman 1
Officer Director
$0 $0 $0
John Trotter Board member 1
Director
$0 $0 $0
Greg A Vital Board member 1
Director
$0 $0 $0
Gary Wade Board member 1
Director
$0 $0 $0
Eleanor Yoakum Vice-Chairman 1
Officer Director
$0 $0 $0
Joe E Thompson III Chairman 1
Officer Director
$0 $0 $0
Imogene King Board member 1
Director
$0 $0 $0
Maury Nicely Vice-Chairman 1
Officer Director
$0 $0 $0
David Reynolds Treasurer 1
Officer Director
$0 $0 $0
E Jerome Melson Past Chairman 1
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 No data No data No data No data
2023 $1,509,951 $1,724,069 $4,325,121 $-214,118
2022 $1,177,081 $1,347,499 $4,317,241 $-170,418
2021 $1,089,518 $1,014,149 $4,863,372 $75,369
2020 $780,075 $957,606 $4,699,780 $-177,531
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