EDENTON HISTORICAL COMMISSION

EIN: 581385509 501(c)(3) Arts, Culture & Humanities

EDENTON, NC

Total Revenue
$483,435
Total Expenses
$374,040
Total Assets
$2,907,425
Net Assets
$2,894,486
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NC
Principal Officer
ANNETTE WOOD
Phone
2524827800
Tax Period
2024-01-01 to 2024-12-31

EDENTON HISTORICAL COMMISSION, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $483K in total revenue in fiscal year 2024. The organization ran a surplus of $109K, a strong 23% operating margin.

Mission

TO EFFECT AND ENCOURGAGE PRESERVATION, RESTORATION, AND APPROPRIATE PRESENTATION OF THE TOWN OF EDENTON AND CHOWAN COUNTY, AS A HISTORIC, EDUCATIONAL AND AESTHETIC PLACE, TO THE BENEFIT OF THE CITIZENS OF THE PLACE AND STATE AND OF VISITORS.

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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 $30,681
Program Service Revenue $0
Investment Income $57,550
Other Revenue $395,204
TOTAL REVENUE $483,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,767
Fundraising Expenses $17,180
Program Expenses $306,501
Other Expenses $220,273
TOTAL EXPENSES $374,040

Year-over-Year Comparison

2024 2023 Change
Revenue $483,435 $476,732 +0.0%
Expenses $374,040 $395,892 -0.1%
Net Income $109,395 $80,840 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
33
Independent Members
33
Employees
10
Volunteers
35

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
4
$0
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HON CHARLES CHRISTOPHER BEAN COMMISSIONER N/A
Director
$0 $0 $0
DR EMMA BONNER COMMISSIONER N/A
Director
$0 $0 $0
WILLIAM CHESSON COMMISSIONER N/A
Director
$0 $0 $0
JEROME CLIMER COMMISSIONER N/A
Director
$0 $0 $0
MILES COXE COMMISSIONER N/A
Director
$0 $0 $0
THOMAS CREDLE COMMISSIONER N/A
Director
$0 $0 $0
MRS MARSHALL CREIGHTON COMMISSIONER N/A
Director
$0 $0 $0
ELIZABETH CULPEPPER COMMISSIONER N/A
Director
$0 $0 $0
SAMUEL DIXON COMMISSIONER N/A
Director
$0 $0 $0
HON W HACKNEY HIGH EX-OFFICIO M N/A
Director
$0 $0 $0
DR BENJAMIN SPELLER JR COMMISSIONER N/A
Director
$0 $0 $0
NORMAN BRINKLEY JR COMMISSIONER N/A
Director
$0 $0 $0
T BENBURY H WOOD JR COMMISSIONER N/A
Director
$0 $0 $0
SALLY FRANCIS KEHAYES COMMISSIONER N/A
Director
$0 $0 $0
HON BOB KIRBY EX-OFFICIO N/A
Director
$0 $0 $0
JOHN MOREHEAD COMMISSIONER N/A
Director
$0 $0 $0
HON THOMAS NEWBERN COMMISSIONER N/A
Director
$0 $0 $0
ANN PERRY COMMISSIONER N/A
Director
$0 $0 $0
JAQUELIN PERRY COMMISSIONER N/A
Director
$0 $0 $0
SADIE RIDDICK COMMISSIONER N/A
Director
$0 $0 $0
ELIZABETH SCOTT COMMISSIONER N/A
Director
$0 $0 $0
CLARA STAGE COMMISSIONER N/A
Director
$0 $0 $0
DAWSON TYLER COMMISSIONER N/A
Director
$0 $0 $0
GINNY GARDNER VINSON COMMISSIONER N/A
Director
$0 $0 $0
GLORIA WADSWORTH COMMISSIONER N/A
Director
$0 $0 $0
DR DARIN WATERS EX OFFICIO M N/A
Director
$0 $0 $0
EARL WILLIS COMMISSIONER N/A
Director
$0 $0 $0
THOMAS B WOOD COMMISSIONER N/A
Director
$0 $0 $0
EARL LJAMES COMMISSIONER N/A
Director
$0 $0 $0
ANDREW BERGERON TREASURER N/A
Officer
$0 $0 $0
ANNE ELLIS SECRETARY N/A
Officer
$0 $0 $0
SUSAN NOLTON VICE CHAIRMA N/A
Officer
$0 $0 $0
ANNETTE WOOD CHAIR N/A
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
2024 $483,435 $374,040 $2,907,425 $109,395
2023 $476,732 $395,892 $2,793,901 $80,840
2022 $2,409,476 $356,346 $2,711,843 $2,053,130
2021 $616,774 $303,269 $680,187 $313,505
2020 $206,544 $202,348 $361,975 $4,196
2019 $184,994 $168,206 $379,648 $16,788
2018 $204,764 $185,217 $346,679 $19,547
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