Macon County Historical Society Inc in Franklin, North Carolina (NC)

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Macon County Historical Society Inc
Employer Identification Number (EIN)581474825
Name of OrganizationMacon County Historical Society Inc
Address36 W Main St, Franklin, NC 28734-3006
Activities"Unspecified"
SubsectionCharitable Organization
Ruling Date08/1983
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$258,784
Amount of Income$131,793
Form 990 Revenue Amount$119,665


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$119,665
Contributions, gifts, grants, and similar amounts received$90,081
Program service revenue including government fees and contracts$0
Membership dues and assessments$4,654
Investment income$725
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$7,427
Gross income from gaming$0
Gross income from fundraising events$15,395
Less: direct expenses from gaming and fundraising events$7,968
Gross profit from sales of inventory$3,558
Gross sales of inventory, less returns and allowances$7,718
Less: cost of goods sold$4,160
Other revenue$13,220
Total expenses$63,069
Total net assets$249,694
Excess for the year$56,596
Net assets or fund balances at beginning of year$193,098
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$258,784
Total liabilities$9,090
Net assets or fund balances$249,694
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$226,462
Gifts, grants, contributions, and membership fees received$225,737
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$725
Gross receipts from related activities, etc.$71,608
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