HISTORIC NISSEN HOUSE INC

EIN: 883809716 501(c)(3) Arts, Culture & Humanities

LEWISVILLE, NC

Total Revenue
$147,012
Total Expenses
$69,094
Total Assets
$905,766
Net Assets
$905,586
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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NC
Principal Officer
NELSON SEBRIGHT
Phone
3852283732
Tax Period
2025-01-01 to 2025-12-31

HISTORIC NISSEN HOUSE INC, founded in 2024, is a small nonprofit in the Arts, Culture & Humanities sector that reported $147K in total revenue in fiscal year 2025. Revenue fell 82% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $78K, a strong 53% operating margin.

Mission

To own and manage the Nissen House, a historic property, as a nonprofit educational, cultural, social and historic resource for the Town of Lewisville and surrounding areas. Included activities are tours, rentals, public programs, and art exhibitions. New organization tagline is Where History Meets Hospitality

Program Service Accomplishments

Program 1
Expenses: $33,523 Revenue: $3,907

Rental income from 22 individuals or organizations. Tour donations from school groups and other individuals and groups. Guest traffic for 2025 was 400 visitors. Total 2025 school tours were 114...

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Rental income from 22 individuals or organizations. Tour donations from school groups and other individuals and groups. Guest traffic for 2025 was 400 visitors. Total 2025 school tours were 114. Public events in 2025 drew 184 visitors. Expenses include payroll and associated costs for part-time house manager as well as occupancy costs.

Program 2
Expenses: $8,441 Revenue: $0

Repairs and maintenance of historical property to prepare it or keep in it good use for ongoing tours and events to preserve the historical significance of the period. Major repairs and expenses...

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Repairs and maintenance of historical property to prepare it or keep in it good use for ongoing tours and events to preserve the historical significance of the period. Major repairs and expenses included exterior house painting and assessment of load analysis for use of second floor of house. Mid year, the Properties Restoration Committee set aside $57k for 2nd floor rehab/restoration, giving the 2 rooms on the north side of the property first priority.

Program 3
Expenses: $9,298 Revenue: $0

Depreciation of historical house and contents

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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 $128,605
Program Service Revenue $0
Investment Income $14,500
Other Revenue $3,907
TOTAL REVENUE $147,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,520
Fundraising Expenses $2,124
Program Expenses $51,262
Other Expenses $45,574
TOTAL EXPENSES $69,094

Year-over-Year Comparison

2025 2024 Change
Revenue $147,012 $831,060 -0.8%
Expenses $69,094 $25,518 +1.7%
Net Income $77,918 $805,542 -0.9%
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
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Merrikay Brown Board Member 3.00
Director
$0 $0 $0
Bob Campbell Board Member 3.00
Director
$0 $0 $0
Bethany Collins Board Member/President 3.00
Officer Director
$0 $0 $0
Tom Fowler Board Member 3.00
Director
$0 $0 $0
Ivan Huffman Board Member 3.00
Director
$0 $0 $0
Susan Linker Board Member/Secretary 3.00
Officer Director
$0 $0 $0
Amy Taylor North Board Member 3.00
Director
$0 $0 $0
Marcia Phillips Board Member/V President 3.00
Officer Director
$0 $0 $0
Nelson Sebright Board Member/Treasurer 3.00
Officer Director
$0 $0 $0
Krista Sisk Board Member 3.00
Director
$0 $0 $0
Deborah Widding Board Member 3.00
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 $147,012 $69,094 $905,766 $77,918
2024 No data No data No data No data
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