MUSEUM OF ASHE COUNTY HISTORY INC

EIN: 753111050 501(c)(3) Arts, Culture & Humanities

JEFFERSON, NC

Total Revenue
$184,476
Total Expenses
$169,267
Total Assets
$650,693
Net Assets
$649,988
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NC
Principal Officer
LESLIE COLVARD
Phone
8644907875
Tax Period
2024-01-01 to 2024-12-31

MUSEUM OF ASHE COUNTY HISTORY INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $184K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $169K left a modest 8% surplus.

Mission

THE RE-PURPOSING OF THE HISTORIC 1904 ASHE COUNTY COURTHOUSE BUILDING AS A COUNTY HERITAGE MUSEUM.

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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 $168,694
Program Service Revenue $0
Investment Income $1,808
Other Revenue $13,974
TOTAL REVENUE $184,476

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,278
Fundraising Expenses $450
Program Expenses $156,945
Other Expenses $129,989
TOTAL EXPENSES $169,267

Year-over-Year Comparison

2024 2023 Change
Revenue $184,476 $145,932 +0.3%
Expenses $169,267 $120,505 +0.4%
Net Income $15,209 $25,427 -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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
23
Employees
1
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
4
$0
Total Directors
23
$36,541
Key Employees
1
$36,541
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW COLE ADMINISTRATOR 040.00
Director Key Emp Highest
$36,541 $0 $36,541
CHRIS HILL PRESIDENT 005.00
Officer Director
$0 $0 $0
LONNIE JONES VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
SARAH NEAL BECKWORTH BOARD MEMBER 001.00
Director
$0 $0 $0
JOSH BECKWORTH BOARD MEMBER 001.00
Director
$0 $0 $0
LEE BECKWORTH BOARD MEMBER 001.00
Director
$0 $0 $0
BARBARA BALDWIN BOARD MEMBER 001.00
Director
$0 $0 $0
PETE ELLER BOARD MEMBER 001.00
Director
$0 $0 $0
MIKE HERMAN BOARD MEMBER 001.00
Director
$0 $0 $0
BRIAN JONES BOARD MEMBER 001.00
Director
$0 $0 $0
COLLEEN CAMPBELL BOARD MEMBER 001.00
Director
$0 $0 $0
STEPHEN SHOEMAKER BOARD MEMBER 001.00
Director
$0 $0 $0
RALPH REEVES BOARD MEMBER 001.00
Director
$0 $0 $0
RACHEL WINEBARGER BOARD MEMBER 001.00
Director
$0 $0 $0
DAVID CHISWELL BOARD MEMBER 001.00
Director
$0 $0 $0
JERRY BROWN BOARD MEMBER 001.00
Director
$0 $0 $0
LESLIE COLVARD TREASURER 004.00
Officer Director
$0 $0 $0
JENNIFER DOLLAR SECRETARY 001.00
Officer Director
$0 $0 $0
JUNE WEAVER BOARD MEMBER 001.00
Director
$0 $0 $0
MARTY MCKINZIE BOARD MEMBER 001.00
Director
$0 $0 $0
JOHN REEVES BOARD MEMBER 001.00
Director
$0 $0 $0
MELBA JONES BOARD MEMBER 001.00
Director
$0 $0 $0
JOHN SHEPHERD BOARD MEMBER 001.00
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
2024 $184,476 $169,267 $650,693 $15,209
2023 $145,932 $120,505 $637,260 $25,427
2022 $182,568 $97,746 $611,522 $84,822
2021 $93,180 $101,160 $526,794 $-7,980
2020 $173,460 $122,671 $535,415 $50,789
2019 $95,118 $119,386 $484,308 $-24,268
2018 $96,263 $115,346 $509,851 $-19,083
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