Hickory Landmarks Society Inc in Hickory, North Carolina (NC)

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Hickory Landmarks Society Inc
Employer Identification Number (EIN)566093210
Name of OrganizationHickory Landmarks Society Inc
AddressPO BOX 2341, Hickory, NC 28603-2341
ActivitiesOther school related activities, Gifts, grants, or loans to other organizations, Historical site, records or reenactment
SubsectionCharitable Organization
Ruling Date06/1968
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,414,892
Amount of Income$653,221
Form 990 Revenue Amount$126,686

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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$126,686
Contributions, Gifts, Grants and Other Similar Amounts$117,194
Program Service Revenue$11,270
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$27,528
Income from investment of tax-exempt bond proceeds$0
Net rental loss$-8,689
Gross rents (Real / Personal)$10,925 / $0
Less: rental expenses (Real / Personal)$19,614 / $0
Rental income or (loss) (Real / Personal)$-8,689 / $0
Net loss from sales of assets other than inventory$-34,542
Gross amount from sales of assets other than inventory (Securities / Other)$461,693 / $0
Less: cost or other basis and sales expenses (Securities / Other)$496,235 / $0
Gain or (loss) (Securities / Other)$-34,542 / $0
Net income from fundraising events$12,569
Gross income from fundraising events$23,237
Less: direct expenses$10,668
Net income from gaming activities$1,356
Gross income from gaming activities$1,374
Less: direct expenses$18
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$273,055
Compensation of current officers, directors, trustees, and key employees$94,117
Other salaries and wages$32,601
Payroll taxes$9,070
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$1,414,892
Total liabilities$99,932
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$96,832
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$1,314,960
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
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 2012)
2008 - 2012 Total
Total support$1,009,816
Gifts, grants, contributions, and membership fees received$544,073
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$243,819
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$221,924
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