THE HAMPTON HISTORY MUSEUM ASSOCIATION INC

EIN: 541775117 501(c)(3) Arts, Culture & Humanities

HAMPTON, VA

Total Revenue
$198,106
Total Expenses
$289,643
Total Assets
$690,349
Net Assets
$690,349
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
SARAH SAVILLE
Phone
7577271102
Tax Period
2023-07-01 to 2024-06-30

HAMPTON HISTORY MUSEUM ASSOCIATION, founded in 1952, is a small nonprofit in the Arts, Culture & Humanities sector that reported $152K in total revenue in fiscal year 2017. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $70K, a strong 46% operating margin.

Mission

HAMPTON HISTORY MUSEUM ASSOCIATION SUPPORTS AND SUPPLEMENTS THE OPERATION OF THE HAMPTON HISTORY MUSEUM. ITS PRIMARY MISSION INCLUDES EDUCATING THE PUBLIC ON THE NATURE AND IMPORTANCE OF THE HISTORY OF THE CITY OF HAMPTON AND THE FORMER ELIZABETH CITY COUNTY, ADVOCATING AND STIMULATING THE CITY OF HAMPTON TO BUILD, STAFF AND OPERATE THE HAMPTON HISTORY MUSEUM, AND PARTICIPATE IN RAISING FUNDS FOR CONTRIBUTION TO THE CITY TO IDENTIFY, CATALOG, STORE AND PRESERVE THE HISTORICAL HOLDINGS OF THE CITY OF HAMPTON AND TO ACQUIRE ADDITIONS FOR THE COLLECTION AND EQUIPMENT FOR THE MUSEUM.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $77,549
Program Service Revenue $19,179
Investment Income $13,351
Other Revenue $88,027
TOTAL REVENUE $198,106

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,745
Fundraising Expenses $11,745
Program Expenses $221,219
Other Expenses $277,898
TOTAL EXPENSES $289,643

Year-over-Year Comparison

2023 2022 Change
Revenue $198,106 $242,171 -0.2%
Expenses $289,643 $159,609 +0.8%
Net Income $-91,537 $82,562 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
21
Independent Members
21
Employees
2
Volunteers
3

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
6
$6,422
Total Directors
22
$6,422
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK A EDGAR JR EX-OFFICIO 2.00
Director
$0 $0 $0
FRED WESTPHAL TREASURER 4.00
Officer Director
$0 $0 $0
JEAN V HELMS SECRECTARY 20.00
Officer Director
$6,422 $0 $6,422
WENDY CUMMING DIRECTOR 2.00
Director
$0 $0 $0
RICHARD M BAGLEY JR DIRECTOR 2.00
Director
$0 $0 $0
WILL BANE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SHARONDA BANKS DIRECTOR 2.00
Director
$0 $0 $0
DAVID BISHOP DIRECTOR 2.00
Director
$0 $0 $0
DENISE COUNCE DIRECTOR 2.00
Director
$0 $0 $0
LINDA CURTIS IMMED. PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
DR COLITA NICHOLS FAIRFAX DIRECTOR 2.00
Director
$0 $0 $0
JOHN HOLT DIRECTOR 2.00
Director
$0 $0 $0
SARAH SAVILLE PRESIDENT 10.00
Officer Director
$0 $0 $0
RUTH HILL SIMMONS DIRECTOR 2.00
Director
$0 $0 $0
MARQUETA TYSON AT LARGE MEMBER 2.00
Director
$0 $0 $0
MARGARET J WILSON DIRECTOR 2.00
Director
$0 $0 $0
NHU YEARGIN DIRECTOR 2.00
Director
$0 $0 $0
BILL SAUNDERS DIRECTOR 2.00
Director
$0 $0 $0
MITCHELLE FEREBEE DIRECTOR 2.00
Director
$0 $0 $0
ANNA NEWMAN DIRECTOR 2.00
Director
$0 $0 $0
JACK POPE DIRECTOR 2.00
Director
$0 $0 $0
MELISSA VAUGH DIRECTOR 2.00
Director
$0 $0 $0
LUCI TALBOT COCHRAN EXECUTIVE DIRECTOR 20.00
Officer
$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
2025 No data No data No data No data
2024 $198,106 $289,643 $690,349 $-91,537
2023 $242,171 $159,609 $794,405 $82,562
2022 $112,736 $105,879 $699,324 $6,857
2021 $137,720 $39,144 $692,467 $98,576
2020 $99,305 $115,755 $615,436 $-16,450
2019 $160,359 $160,820 $581,258 $-461
2018 $151,568 $81,796 $581,719 $69,772
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