Matthews Historical Foundation Inc

EIN: 581723658 501(c)(3) Arts, Culture & Humanities

Matthews, NC

Total Revenue
$83,054
Total Expenses
$97,437
Total Assets
$791,929
Net Assets
$776,463
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
Becky Willard
Phone
7049514126
Tax Period
2025-01-01 to 2025-12-31

Matthews Historical Foundation Inc, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $83K in total revenue in fiscal year 2025. Expenses of $97K exceeded revenue, resulting in a 17% operating deficit.

Mission

To research, preserve and protect the cultural, architectural and historical heritage of Matthews and to involve and educate future generations of this heritage

Program Service Accomplishments

Program 1
Expenses: $97,437

The Foundation operates the Matthews Heritage Museum in a restored 1880 home which it owns. Staffed by a paid director and volunteer docents, the museum has been a historical asset to the area since...

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The Foundation operates the Matthews Heritage Museum in a restored 1880 home which it owns. Staffed by a paid director and volunteer docents, the museum has been a historical asset to the area since opening in 2013. Docents are trained to give general tours to the public. Through the local elementary school, a tour has been developed appropriate to early elementary grades. Many local schools have toured the museum and a new generation is becoming aware of the local history. The museum is open three days a week.

Program 2

The Matthews Historical Foundation owns and operated the historic Reid House as a special event venue. This property, built in 1890, was the town doctors home and has been the site of countless...

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The Matthews Historical Foundation owns and operated the historic Reid House as a special event venue. This property, built in 1890, was the town doctors home and has been the site of countless weddings and parties. During 2021, numberous special events and business meetings were held there. The Foundation is responsible for all gardening, maintenance and upkeep of the house and property.

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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 (2025)

Revenue Breakdown

Contributions & Grants $70,034
Program Service Revenue $270
Investment Income $0
Other Revenue $12,750
TOTAL REVENUE $83,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,961
Fundraising Expenses $0
Program Expenses $97,437
Other Expenses $94,476
TOTAL EXPENSES $97,437

Year-over-Year Comparison

2025 2024 Change
Revenue $83,054 $87,047 0.0%
Expenses $97,437 $106,064 -0.1%
Net Income $-14,383 $-19,017 -0.2%
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
11
Independent Members
11
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Becky Willard President 20.00
Officer Director
$0 $0 $0
Brian Antal Treasurer 8.00
Officer Director
$0 $0 $0
Charles Bennett Trustee 1.00
Director
$0 $0 $0
Bob Aycock Vice President 20.00
Officer Director
$0 $0 $0
Anne Bennett Trustee 1.00
Director
$0 $0 $0
Jim Taylor Trustee 1.00
Director
$0 $0 $0
John Urban Trustee 1.00
Director
$0 $0 $0
Tina Whitley Trustee 1.00
Director
$0 $0 $0
Kress Query Trustee 1.00
Director
$0 $0 $0
Tom Doresy Trustee 1.00
Director
$0 $0 $0
Steffney Messer Trustee 1.00
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
2025 $83,054 $97,437 $791,929 $-14,383
2024 $87,047 $106,064 $757,905 $-19,017
2023 $86,536 $70,774 $749,658 $15,762
2022 $65,408 $71,851 $701,943 $-6,443
2021 $63,544 $90,200 $751,162 $-26,656
2020 $52,421 $57,941 $747,564 $-5,520
2019 $65,047 $66,907 $726,855 $-1,860
2018 $78,285 $77,397 $690,541 $888
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