GEORGETOWN COUNTY HISTORICAL SOCIETY

EIN: 570830055 501(c)(3) Arts, Culture & Humanities

GEORGETOWN, SC

Total Revenue
$90,735
Total Expenses
$123,472
Total Assets
$405,876
Net Assets
$401,921
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
SC
Principal Officer
HERBERT BOYD
Phone
8435457020
Tax Period
2024-01-01 to 2024-12-31

GEORGETOWN COUNTY HISTORICAL SOCIETY, founded in 1955, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $123K exceeded revenue, resulting in a 36% operating deficit.

Mission

PROMOTE AND PRESERVE THE HISTORY OF GEORGETOWN COUNTY, SC.

Program Service Accomplishments

Program 1
Expenses: $112,319 Revenue: $90,735

MUSEUM OPERATIONS: THE OVERALL GOAL OF THE GEORGETOWN COUNTY MUSEUM IS TO OPERATE A FACILITY THAT KEEPS THE SPIRIT OF GEOREGETOWN COUNTY, SC HISTORY ALIVE. THE MUSEUM PROTECTS AND DISPLAYS OVER 2,000...

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MUSEUM OPERATIONS: THE OVERALL GOAL OF THE GEORGETOWN COUNTY MUSEUM IS TO OPERATE A FACILITY THAT KEEPS THE SPIRIT OF GEOREGETOWN COUNTY, SC HISTORY ALIVE. THE MUSEUM PROTECTS AND DISPLAYS OVER 2,000 ARTIFACTS AND CURRENTLY HAS THREE EXHIBIT GALLERIES FOR THE VISITING PUBLIC.

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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 $75,738
Program Service Revenue $2,557
Investment Income $4,231
Other Revenue $8,209
TOTAL REVENUE $90,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,766
Fundraising Expenses $1,560
Program Expenses $112,319
Other Expenses $94,706
TOTAL EXPENSES $123,472

Year-over-Year Comparison

2024 2023 Change
Revenue $90,735 $61,325 +0.5%
Expenses $123,472 $95,240 +0.3%
Net Income $-32,737 $-33,915 0.0%
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

Financial Distress Indicator

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
1
Volunteers
11

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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM H BOYD TREASURER 8.00
Officer Director
$0 $0 $0
GEORGE CHASTAIN TRUSTEE 5.00
Director
$0 $0 $0
MARK EASTON TRUSTEE 5.00
Director
$0 $0 $0
MARTHA FITCHETT TRUSTEE 5.00
Director
$0 $0 $0
ANNE HUDSON TRUSTEE 5.00
Director
$0 $0 $0
ED KIMBROUGH TRUSTEE 5.00
Director
$0 $0 $0
MOLLY H MERCER TRUSTEE 5.00
Director
$0 $0 $0
BURTON MOORE TRUSTEE 5.00
Director
$0 $0 $0
ANNA ROYCROFT TRUSTEE 5.00
Director
$0 $0 $0
ROBIN SALMON PRESIDENT 8.00
Officer Director
$0 $0 $0
PAIGE SAWYER TRUSTEE 8.00
$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 $90,735 $123,472 $405,876 $-32,737
2023 $61,325 $95,240 $455,629 $-33,915
2022 $62,739 $97,880 $470,436 $-35,141
2021 $52,517 $76,826 $515,131 $-24,309
2020 $46,778 $71,380 $528,893 $-24,602
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