Southeast Volusia Historical Society Inc

New Smyrna Beach, FL | nsbhistory.org

GuideStar Charity Check

EIN: 59-2451690

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(2)
as of November 13, 2023

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Charity Check report

Mission

The mission of the Southeast Volusia County Historical Society is to collect and exhibit objects and documents related to the history of Southeast Volusia County, with particular emphasis on the settlement in 1768 and seeks to promote local history and culture to the community.

Ruling year info

1997

President

Gary Swanson

Executive Director, New Smyrna Museum of History

Greg Holbrook

Main address

PO Box 968

New Smyrna Beach, FL 32170 USA

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EIN

59-2451690

Subject area info

Historic preservation

Population served info

Families

Ethnic and racial groups

Retired people

Academics

Military personnel

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NTEE code info

Historical Societies & Historic Preservation (A82)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Veterans History Project

The project follows the guidelines of the US Library of Congress' Veterans History Project. Veterans who have served in a foreign conflict and are from our geographic Southeast Volusia County area are identified, and pre-interviewed. If the individual is deemed to be an appropriate candidate, a video capture date is scheduled and a formal interview is held. The veterans are interviewed by Dr. Frank Farmer a retired history major, veteran and former Surgeon General for the State of Florida.
Once completed the footage is outlined and edited for sharing via the New Smyrna Museum of History's YouTube Channel. The outline for the footage as well as the raw, un-edited video content is then shared back with the U.S. Library of Congress.

Population(s) Served

Age groups

Family relationships

Work status and occupations

Daytona State College American History Service Based Learning Program

This program is a collaboration between Daytona State College' New Smyrna Beach Campus and it's American History education courses.
What is Service Learning?: Service-Learning is a reciprocal teaching and learning strategy that allows students to serve their college, local, and global communities through meaningful civic engagement integrated with instruction and reflection. Service-Learning allows students to address real world challenges and opportunities that make academic learning relevant. Service-Learning enhances social skills, analytical ability, civic and ethical responsibility, self-efficacy, and career development.
Objectives: The main goals of this project are to illustrate the relevance and application of American and local history in everyday life and to underscore the importance of civic responsibility.

Where we work

External reviews

Photos

Financials

Southeast Volusia Historical Society Inc

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

4087.91

Average of 67972.98 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

4.2

Average of 10.7 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

8%

Average of 8% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Southeast Volusia Historical Society Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$17,695
Government Grants	$11,015
Program Services	$0
Investments	$848
Special Events	$8,639
Sales	$2,969
Other	$0
Total Revenue	$41,166

Expenses
Program Services	$25,236
Administration	$7,472
Fundraising	$2,265
Total Expenses	$34,973
Net Gain/Loss	$6,193

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$2,123
Information Technology Expenses	$880
Insurance Expenses	$5,315
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$25,953
Government Grants	$11,015
Program Services	$0
Investments	$404
Special Events	$8,488
Sales	$3,081
Other	$0
Total Revenue	$48,941

Expenses
Program Services	$49,791
Administration	$11,397
Fundraising	$1,820
Total Expenses	$63,008
Net Gain/Loss	($14,067)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$2,373
Information Technology Expenses	$470
Insurance Expenses	$5,220
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$36,659
Government Grants	$7,582
Program Services	$0
Investments	$2,003
Special Events	$11,468
Sales	$3,844
Other	$0
Total Revenue	$61,556

Expenses
Program Services	$67,568
Administration	$29,610
Fundraising	$5,526
Total Expenses	$102,704
Net Gain/Loss	($41,148)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$2,922
Information Technology Expenses	$820
Insurance Expenses	$12,282
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$60,760
Government Grants	$20,826
Program Services	$0
Investments	$2,453
Special Events	$11,181
Sales	$4,109
Other	$0
Total Revenue	$99,329

Expenses
Program Services	$67,018
Administration	$27,726
Fundraising	$5,120
Total Expenses	$99,864
Net Gain/Loss	($535)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$2,755
Information Technology Expenses	$1,250
Insurance Expenses	$11,213
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$96,490
Government Grants	$19,906
Program Services	$0
Investments	$7,795
Special Events	$10,073
Sales	$3,407
Other	$0
Total Revenue	$137,671

Expenses
Program Services	$69,188
Administration	$30,623
Fundraising	$5,798
Total Expenses	$105,609
Net Gain/Loss	$32,062

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$1,922
Information Technology Expenses	$520
Insurance Expenses	$9,518
Interest Expenses	$0
Investment Management Fees	$1,924
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$312,896
Government Grants	$28,308
Program Services	$0
Investments	$11,435
Special Events	$8,527
Sales	$3,699
Other	$0
Total Revenue	$364,865

Expenses
Program Services	$89,581
Administration	$36,907
Fundraising	$5,953
Total Expenses	$132,441
Net Gain/Loss	$232,424

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$2,096
Information Technology Expenses	$887
Insurance Expenses	$12,703
Interest Expenses	$0
Investment Management Fees	$4,959
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$42,859
Government Grants	$31,048
Program Services	$0
Investments	$27,578
Special Events	$11,394
Sales	$3,475
Other	$0
Total Revenue	$116,354

Expenses
Program Services	$79,672
Administration	$34,879
Fundraising	$5,700
Total Expenses	$120,251
Net Gain/Loss	($3,897)

Functional expenses
Accounting Fees	$900
Advertising & Promotion	$1,442
Information Technology Expenses	$665
Insurance Expenses	$9,760
Interest Expenses	$0
Investment Management Fees	$6,868
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$34,550
Government Grants	$39,646
Program Services	$0
Investments	$40,724
Special Events	$15,026
Sales	$5,042
Other	$0
Total Revenue	$134,988

Expenses
Program Services	$76,935
Administration	$28,640
Fundraising	$4,627
Total Expenses	$110,202
Net Gain/Loss	$24,786

Functional expenses
Accounting Fees	$1,000
Advertising & Promotion	$2,817
Information Technology Expenses	$654
Insurance Expenses	$9,506
Interest Expenses	$0
Investment Management Fees	$7,497
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$40,360
Government Grants	$15,758
Program Services	$0
Investments	$27,168
Special Events	$17,102
Sales	$2,762
Other	$0
Total Revenue	$103,150

Expenses
Program Services	$70,750
Administration	$36,396
Fundraising	$10,000
Total Expenses	$117,146
Net Gain/Loss	($13,996)

Functional expenses
Accounting Fees	$1,000
Advertising & Promotion	$1,493
Information Technology Expenses	$2,488
Insurance Expenses	$8,799
Interest Expenses	$0
Investment Management Fees	$7,525
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$44,849
Government Grants	$32,491
Program Services	$0
Investments	$22,929
Special Events	($2,521)
Sales	$2,282
Other	$283
Total Revenue	$100,313

Expenses
Program Services	$59,006
Administration	$23,759
Fundraising	$8,271
Total Expenses	$91,036
Net Gain/Loss	$9,277

Functional expenses
Accounting Fees	$1,031
Advertising & Promotion	$990
Information Technology Expenses	$1,360
Insurance Expenses	$9,785
Interest Expenses	$0
Investment Management Fees	$7,205
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$43,473
Government Grants	$107,624
Program Services	$0
Investments	$57,309
Special Events	$0
Sales	$6,473
Other	$398
Total Revenue	$215,277

Expenses
Program Services	$68,049
Administration	$32,309
Fundraising	$9,465
Total Expenses	$109,823
Net Gain/Loss	$105,454

Functional expenses
Accounting Fees	$950
Advertising & Promotion	$3,695
Information Technology Expenses	$3,070
Insurance Expenses	$10,935
Interest Expenses	$0
Investment Management Fees	$8,814
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$62,023
Government Grants	$60,561
Program Services	$0
Investments	$31,544
Special Events	$23,348
Sales	$7,356
Other	$19
Total Revenue	$184,851

Expenses
Program Services	$97,139
Administration	$37,201
Fundraising	$8,475
Total Expenses	$142,815
Net Gain/Loss	$42,036

Functional expenses
Accounting Fees	$1,075
Advertising & Promotion	$4,795
Information Technology Expenses	$2,412
Insurance Expenses	$10,438
Interest Expenses	$0
Investment Management Fees	$8,335
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Southeast Volusia Historical Society Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$17,695
Cash & Equivalents	$202,843	$208,477	$5,634
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$4,834	$3,855	($979)
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$430,145	$431,315	$1,170
Other	$1,064	$1,310	$246
Total Assets	$638,886	$644,957	$6,071

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$1,488	$1,366	($122)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$1,488	$1,366	($122)

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$26,322	$11,012	-$15,310
Permanently Restricted Net Assets	$116,622	$120,221	$3,599
Total Restricted Net Assets	$142,944	$131,233	($11,711)
Unrestricted Net Assets	$494,454	$512,358	$17,904
Net Assets	$637,398	$643,591	$6,193

Assets	Jan 01, 2012	Dec 31, 2012	Change
Contributions	$25,953
Cash & Equivalents	$208,477	$191,012	($17,465)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$3,855	$3,707	($148)
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$431,315	$432,884	$1,569
Other	$1,310	$2,694	$1,384
Total Assets	$644,957	$630,297	($14,660)

Liabilities	Jan 01, 2012	Dec 31, 2012	Change
Accounts Payable	$1,366	$773	($593)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$1,366	$773	($593)

Fund balance	Jan 01, 2012	Dec 31, 2012	Change
Temporarily Restricted Net Assets	$11,012	$12,299	$1,287
Permanently Restricted Net Assets	$120,221	$123,419	$3,198
Total Restricted Net Assets	$131,233	$135,718	$4,485
Unrestricted Net Assets	$512,358	$493,806	($18,552)
Net Assets	$643,591	$629,524	($14,067)

Assets	Jan 01, 2013	Dec 31, 2013	Change
Contributions	$36,659
Cash & Equivalents	$191,012	$114,872	($76,140)
Accounts Receivable	$0	$500	$500
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$3,707	$2,631	($1,076)
Investment, Securities	$0	$61,680	$61,680
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$458,564	$431,679	($26,885)
Other	$2,694	$3,564	$870
Total Assets	$655,977	$614,926	($41,051)

Liabilities	Jan 01, 2013	Dec 31, 2013	Change
Accounts Payable	$773	$870	$97
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$773	$870	$97

Fund balance	Jan 01, 2013	Dec 31, 2013	Change
Temporarily Restricted Net Assets	$12,299	$11,426	-$873
Permanently Restricted Net Assets	$123,419	$125,351	$1,932
Total Restricted Net Assets	$135,718	$136,777	$1,059
Unrestricted Net Assets	$519,486	$477,279	($42,207)
Net Assets	$655,204	$614,056	($41,148)

Assets	Jan 01, 2014	Dec 31, 2014	Change
Contributions	$60,760
Cash & Equivalents	$114,872	$107,787	($7,085)
Accounts Receivable	$500	$0	($500)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$2,631	$5,184	$2,553
Investment, Securities	$61,680	$93,895	$32,215
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$431,679	$402,284	($29,395)
Other	$3,564	$4,460	$896
Total Assets	$614,926	$613,610	($1,316)

Liabilities	Jan 01, 2014	Dec 31, 2014	Change
Accounts Payable	$870	$89	($781)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$870	$89	($781)

Fund balance	Jan 01, 2014	Dec 31, 2014	Change
Temporarily Restricted Net Assets	$11,426	$13,719	$2,293
Permanently Restricted Net Assets	$125,351	$155,675	$30,324
Total Restricted Net Assets	$136,777	$169,394	$32,617
Unrestricted Net Assets	$477,279	$444,127	($33,152)
Net Assets	$614,056	$613,521	($535)

Assets	Jan 01, 2015	Dec 31, 2015	Change
Contributions	$96,490
Cash & Equivalents	$107,787	$70,730	($37,057)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$5,184	$4,323	($861)
Investment, Securities	$93,895	$180,695	$86,800
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$402,284	$375,625	($26,659)
Other	$4,460	$5,253	$793
Total Assets	$613,610	$636,626	$23,016

Liabilities	Jan 01, 2015	Dec 31, 2015	Change
Accounts Payable	$89	$85	($4)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$89	$85	($4)

Southeast Volusia Historical Society Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Southeast Volusia Historical Society Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	$10,232	$68,512	$10,830	$61,976	$17,020
As % of expenses	10.6%	67.5%	14.7%	66.6%	13.8%
Unrestricted surplus (deficit) after depreciation	-$3,482	$52,918	-$6,433	$45,190	-$2,082
As % of expenses	-3.2%	45.2%	-7.1%	41.1%	-1.5%

Revenue composition
Total revenue (unrestricted & restricted)	$134,988	$103,150	$100,313	$215,277	$184,851
Total revenue, % change over prior year	16.0%	-23.6%	-2.8%	114.6%	-14.1%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	7.9%	10.3%	13.3%	5.7%	7.8%
Investment income	19.5%	26.3%	22.9%	26.6%	17.1%
Government grants	29.4%	15.3%	32.4%	50.0%	32.8%
All other grants and contributions	28.8%	45.4%	28.9%	14.5%	25.7%
Other revenue	14.4%	2.7%	2.6%	3.2%	16.6%

Expense composition
Total expenses before depreciation	$96,488	$101,552	$73,773	$93,037	$123,713
Total expenses, % change over prior year	-3.6%	5.2%	-27.4%	26.1%	33.0%
Personnel	23.9%	33.9%	26.1%	38.2%	38.3%
Professional fees	8.8%	13.7%	18.0%	14.1%	8.1%
Occupancy	31.8%	29.7%	31.4%	21.2%	18.4%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	35.5%	22.6%	24.5%	26.5%	35.2%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$110,202	$117,146	$91,036	$109,823	$142,815
One month of savings	$8,041	$8,463	$6,148	$7,753	$10,309
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$33,615	$0	$75,531	$41,311
Total full costs (estimated)	$118,243	$159,224	$97,184	$193,107	$194,435

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	8.7	9.2	12.6	8.8	4.2
Months of cash and investments	70.3	71.0	109.0	94.1	59.5
Months of estimated liquid unrestricted net assets	5.9	9.8	13.9	9.3	4.6

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$69,624	$77,503	$77,679	$68,562	$43,668
Investments	$495,680	$523,116	$592,133	$660,993	$569,518
Receivables	$0	$0	$0	$0	$0
Gross land, buildings, equipment (LBE)	$879,414	$904,443	$912,186	$987,717	$1,029,028
Accumulated depreciation (as a % of LBE)	64.1%	63.1%	64.5%	61.3%	60.7%
Liabilities (as a % of assets)	0.0%	0.0%	0.0%	0.0%	0.0%
Unrestricted net assets	$363,008	$415,926	$409,493	$454,683	$452,601
Temporarily restricted net assets	$26,520	N/A	N/A	N/A	N/A
Permanently restricted net assets	$495,680	N/A	N/A	N/A	N/A
Total restricted net assets	$522,200	$523,116	$592,133	$669,240	$581,361
Total net assets	$885,208	$939,042	$1,001,626	$1,123,923	$1,033,962

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

President

Gary Swanson

Executive Director, New Smyrna Museum of History

Greg Holbrook

Greg’s experience and dedication are invaluable assets. Greg began his tenure with the Southeast Volusia Historical Society in 2002 as a volunteer. He partnered with the Marine Discovery Center to develop a History Mystery Boat tour and wrote and narrated the two-hour tour for several years. He became a member of the Board of Directors and served as vice president and member of the Charitable Trust Committee in 2006 and 2007. In 2013, Greg volunteered his service as vice president of the board, then president for three terms before transitioning to the paid role of executive director. Greg is a licensed real estate agent; he also has experience in entertainment management, manufacturing, and public service.

Number of employees

Source: IRS Form 990

Southeast Volusia Historical Society Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

This organization has no recorded board members.

Southeast Volusia Historical Society Inc

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Veterans History Project

Daytona State College American History Service Based Learning Program

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2022 info

4087.91

Months of cash in 2022 info

4.2

Fringe rate in 2022 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Southeast Volusia Historical Society Inc

Southeast Volusia Historical Society Inc

Southeast Volusia Historical Society Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President

Gary Swanson

Executive Director, New Smyrna Museum of History

Greg Holbrook

Number of employees

Southeast Volusia Historical Society Inc

Compensation data

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities