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 Vulnerability Assessment (Tuckman-Chang)

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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

To preserve, interpret and promote the history of Tennessee, with focus on East Tennessee, in order to educate and connect the region, its people, history, culture and heritage.

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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 (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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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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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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