Preservation Greensboro Development Fund Inc in Greensboro, North Carolina (NC)

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Preservation Greensboro Development Fund Inc
Employer Identification Number (EIN)311264689
Name of OrganizationPreservation Greensboro Development Fund Inc
In Care of NameMarsh Prause
AddressPo Box 13136, Greensboro, NC 27415
ActivitiesOther cultural or historical activities
SubsectionCharitable Organization
Ruling Date07/1991
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 Period2008
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$228,557
Amount of Income$241,081
Form 990 Revenue Amount$142,368
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities:


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Amount of income in 2008: $241,081 (it was $86,499 in 2010)
Preservation Greensboro Development Fund Inc: 

 $241,081
Other organizations performing similar types of work: 

 $162,109

Assets in 2008: $228,557 (it was $93,400 in 2010)
This organization: 

 $228,557
Other organizations performing similar types of work: 

 $609,912

Financial snapshot ($)

Revenue for 2010

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$18,361
Contributions, gifts, grants, and similar amounts received$10,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$499
Gain from sale of assets other than inventory$7,862
Gross amount from sale of assets other than inventory$76,000
Less: cost or other basis and sales expenses$68,138
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$20,652
Total net assets$93,400
Deficit for the year$-2,291
Net assets or fund balances at beginning of year$95,691
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$93,400
Total liabilities$0
Net assets or fund balances$93,400
Other Information (for 2010)
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 2010)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010)
2006 - 2010 Total
Total support$119,007
Gifts, grants, contributions, and membership fees received$117,331
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$1,676
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Lynnwood Foundation400 Hermitage Rd, Charlotte, NC 28207-1842NC1996-12$3,595,411
2Whalehead Preservation Trust And The Currituck Wildlife Museum, Whalehead ProjectPO BOX 307, Corolla, NC 27927-0307NC1995-01$1,235,966
3Preservation Greensboro Development Fund IncPo Box 13136, Greensboro, NC 27415NC1991-07$241,081
4Snow Camp Historical Drama Society IncPO BOX 535, Snow Camp, NC 27349-0535NC1971-06$112,191
5Western North Carolina Historical Association Incorporation283 Victoria Rd, Asheville, NC 28801-4817NC1974-01$58,608
6Alleghany Historical Genealogical Society Inc, Alleghany Historical SocietyPO BOX 817, Sparta, NC 28675NC1995-09$0
7Badger-Iredell Foundation IncPo Box 3686, Cary, NC 27519NC1974-01$0
8Davis Chapel Historic Association Inc158 Mae Ave, Stokesdale, NC 27357NC1998-03$0
9East Tennessee & Western North Carolina Railroad Historical Socie300 Whispering Pines Road, Boone, NC 28607NC1994-11$0
10Federal Point Historic Preservation Society IncBox 623, Carolina Beach, NC 28428NC1995-07$0
11Gates County Historical Society148 Turner Rd, Eure, NC 27935NC1983-11$0
12Greensboro Chapter National Railway Historical SocietyPO BOX 16745, Greensboro, NC 27416NC1978-03$0
13Halifax County Historical AssociationP O Box 12, Halifax, NC 27839NC1997-02$0
14Hyde County Historical & Genealogical SocietyPo Box 517, Engelhard, NC 27824NC1995-06$0
15Jacob Holt House Foundation IncPo Box 441, Warrenton, NC 27589NC1991-08$0
16Living History Assoication Of Mecklenburg9225 Surrey Rd, Charlotte, NC 28227NC1996-03$0
17National Maritime Alliance Inc101 Wesley Rd, Greenville, NC 27858NC1992-04$0
18North Randolph Historical Society IncPo Box 1341, Randleman, NC 27317NC1997-01$0
19The Friends Of Portsmouth Island IncPO BOX 2303, Morehead City, NC 28557NC1996-08$0
20Transylvania County Historical SocietyPo Box 2061, Brevard, NC 28712NC1988-12$0
Number of organizations performing similar types of work
Alaska7
Alabama21
Arkansas16
Arizona15
California125
Colorado24
Connecticut31
District of Columbia14
Delaware5
Florida54
Georgia42
Hawaii10
Iowa23
Idaho3
Illinois55
Indiana45
Kansas27
Kentucky26
Louisiana18
Massachusetts74
Maryland45
Maine28
Michigan39
Minnesota41
Missouri43
Mississippi13
Montana6
North Carolina48
North Dakota6
Nebraska13
New Hampshire13
New Jersey55
New Mexico5
Nevada1
New York149
Ohio69
Oklahoma16
Oregon30
Pennsylvania115
Rhode Island18
South Carolina14
South Dakota6
Tennessee27
Texas61
Utah7
Virginia64
Vermont13
Washington30
Wisconsin32
West Virginia17
Wyoming5
Total1,664

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