MARIANNA HISTORIC TRUST

EIN: 710838078 501(c)(3) Arts, Culture & Humanities

MARIANNA, AR

Total Revenue
$236,340
Total Expenses
$32,906
Total Assets
$1,197,607
Net Assets
$1,197,607
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AR
Principal Officer
NANCY APPLE
Phone
8702952821
Tax Period
2023-07-01 to 2024-06-30

MARIANNA HISTORIC TRUST, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $236K in total revenue in fiscal year 2023. Revenue surged 647% from the prior year, signaling strong growth momentum. The organization ran a surplus of $203K, a strong 86% operating margin.

Mission

(A) TO WORK TO SAVE ENDANGERED HISTORIC BUILDINGS IN DOWNTOWN MARIANNA, AR (B) TO WORK TOWARD THE DESIGNATION OF AN HISTORIC AREA OF DOWNTOWN MARIANNA, AR AS AN HISTORIC DISTRICT ON THE NATIONAL REGISTER; (C) TO PRESERVE THE HISTORIC AND ARCHITECTURAL CHARACTER OF MARIANNA, AR THROUGH ACQUISITION AND RESTORATION OF HISTORICALLY OR ARCHITECTURALLY SIGNIFICANT PROPERTIES; (D) TO EDUCATE THE PUBLIC ABOUT THE HISTORY OF MARIANNA AND ABOUT ITS ARCHITECTURAL HERITAGE.

Program Service Accomplishments

Program 1
Expenses: $28,981 Revenue: $4,820

THE TRUST CURRENTLY OWNED SEVEN BUILDINGS IN DOWNTOWN MARIANNA, ALL OF WHICH ARE NATIONAL REGISTER PROPERTIES. FIVE OF THE BUILDINGS HAVE BEEN COMPLETELY RESTORED AND WERE OCCUPIED BY RETAIL...

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THE TRUST CURRENTLY OWNED SEVEN BUILDINGS IN DOWNTOWN MARIANNA, ALL OF WHICH ARE NATIONAL REGISTER PROPERTIES. FIVE OF THE BUILDINGS HAVE BEEN COMPLETELY RESTORED AND WERE OCCUPIED BY RETAIL BUSINESSES; TWO OF THE BUILDINGS WERE SOLD IN 2019. THE RENOVATIONS HAVE NOT ONLY RESTORED HISTORIC PROPERTIES, BUT HAVE ALSO POSITIVELY AFFECTED THE ECONOMIC REVITALIZATION OF OUR DOWNTOWN HISTORIC DISTRICT BY CREATING JOBS AND TRAFFIC IN DOWNTOWN MARIANNA. EXPENDITURES DURING THE YEAR WERE THOSE NECESSARY TO INSURE AND MAINTAIN THESE BUILDINGS, INCLUDING DEPRECIATION. PREVIOUSLY, THE TRUST ALSO ISSUED A CHALLENGE TO THE COMMUNITY FOR DONATIONS TO SET UP AN ENDOWMENT FUND FOR THE MAINTENANCE OF THE COMMUNITY HOUSE, WHICH IS A NATIONAL REGISTER PROPERTY OWNED BY THE CITY OF MARIANNA. THE CITY LACKS THE FUNDS TO PROPERLY MAINTAIN THIS HISTORIC PROPERTY, WHICH IS USED BY THE ENTIRE COMMUNITY AS A MEETING/PARTY FACILITY. THE FUND HAS REACHED AN ENDOWMENT LEVEL OF 12,000, WITH 7,000 COMING FROM THE PUBLIC AND 5,000 COMING FROM A MATCHING CONTRIBUTION FROM THE MARIANNA HISTORIC TRUST.

Program 2
Expenses: $3,025 Revenue: $1,891

THE TRUST ALSO MAINTAINS THE HISTORICAL CITY PARK OF MARIANNA AND PROMOTES THE BEAUTIFICATION OF THE HISTORIAL DOWNTON PORTION OF MARIANNA.

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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 $226,891
Program Service Revenue $4,820
Investment Income $4,629
Other Revenue $0
TOTAL REVENUE $236,340

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,006
Other Expenses $32,906
TOTAL EXPENSES $32,906

Year-over-Year Comparison

2023 2022 Change
Revenue $236,340 $31,641 +6.5%
Expenses $32,906 $58,361 -0.4%
Net Income $203,434 $-26,720 -8.6%
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
6
Independent Members
6
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY APPLE SECRETARY-TR N/A
Officer Director
$0 $0 $0
STEVE HIGGINBOTHOM VICE PRESIDE N/A
Officer Director
$0 $0 $0
REBECCA HOGAN PRESIDENT N/A
Officer Director
$0 $0 $0
LUCY SMITH BOARD MEMBER N/A
Director
$0 $0 $0
JOELLA TURNER BOARD MEMBER N/A
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 No data No data No data No data
2024 $236,340 $32,906 $1,197,607 $203,434
2023 $31,641 $58,361 $994,173 $-26,720
2022 $53,868 $26,558 $1,020,893 $27,310
2021 $7,477 $19,532 $993,583 $-12,055
2020 $108,017 $25,118 $1,005,638 $82,899
2019 $-77,469 $23,271 $922,739 $-100,740
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