Western North Carolina Historical Association Incorporation

aka Asheville Museum of History | Asheville, NC | https://www.ashevillehistory.org

GuideStar Charity Check

EIN: 23-7348133

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(1)
as of November 13, 2023

View summary

Charity Check report

Mission

The mission of the Western North Carolina Historical Association is to preserve and promote the history and legacy of Western North Carolina through interpretation, education, collection, and collaboration. INTERPRETATION: Operating the Smith-McDowell House, an architecturally-significant home (built c1840), as a center of history education through exhibitions, programs, and publications; EDUCATION: Educating residents and visitors of all ages through diverse and engaging programming and recognizing excellence in Western North Carolina history and literature; COLLECTION: Collecting and preserving objects of regional historic and cultural value for education and exhibition; and COLLABORATION: Encouraging partnerships that advance understanding of Western North Carolina’s history and legacy.

Ruling year info

1974

Executive Director

Anne Chesky

Main address

283 Victoria Rd

Asheville, NC 28801 USA

Show more contact info

Formerly known as

Smith-McDowell House Museum

EIN

23-7348133

Subject area info

History museums

Historical activities

Population served info

Children and youth

Adults

NTEE code info

Historical Societies and Related Activities (A80)

History Museums (A54)

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

Reports and documents

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

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?

Smith-McDowell House Museum

Today, the restored Smith-McDowell House functions as the headquarters of the Western North Carolina Historical Association, a historic house museum, an exhibit space, and a center for youth history education. It is included on the National Register of Historic Places and is the finest surviving example of brick antebellum architecture in western North Carolina.

Population(s) Served

Adults

Children and youth

Where we work

Awards

Mountain Heritage Award 2021

Western Carolina University

External reviews

Financials

Western North Carolina Historical Association Incorporation

Fiscal year: May 01 - Apr 30

Financial documents

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

0.00

Average of 1026.55 over 9 years

Months of cash in 2022

SOURCE: IRS Form 990

1.6

Average of 46.6 over 9 years

Fringe rate in 2022

SOURCE: IRS Form 990

8%

Average of 4% over 9 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Western North Carolina Historical Association Incorporation

Revenue & expenses

Fiscal Year: May 01 - Apr 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$66,346
Program Services	$20,542
Investments	$33
Special Events	$0
Sales	$183
Other	$20,652
Total Revenue	$107,756

Expenses
Grants	$0
Salaries & Employee Benefits	$46,166
Professional Fees	$3,694
Occupancy	$0
Printing, Publications, Postage, etc.	$3,119
Other Expenses	$45,263
Total Expenses	$98,242
Net Gain/Loss	$9,514

Revenue
Contributions	$48,830
Program Services	$27,288
Investments	$92
Special Events	$1,190
Sales	$0
Other	$10,892
Total Revenue	$88,292

Expenses
Grants	$0
Salaries & Employee Benefits	$38,400
Professional Fees	$0
Occupancy	$10,887
Printing, Publications, Postage, etc.	$522
Other Expenses	$40,730
Total Expenses	$90,539
Net Gain/Loss	($2,247)

Revenue
Contributions	$28,770
Program Services	$27,422
Investments	$1,870
Special Events	($3,770)
Sales	($154)
Other	$9,818
Total Revenue	$63,956

Expenses
Grants	$1,500
Salaries & Employee Benefits	$29,292
Professional Fees	$9,803
Occupancy	$8,972
Printing, Publications, Postage, etc.	$797
Other Expenses	$33,545
Total Expenses	$83,909
Net Gain/Loss	($19,953)

Revenue
Contributions	$29,085
Program Services	$23,834
Investments	$1,832
Special Events	$178
Sales	$0
Other	$10,196
Total Revenue	$65,125

Expenses
Grants	$1,500
Salaries & Employee Benefits	$40,416
Professional Fees	$6,560
Occupancy	$7,571
Printing, Publications, Postage, etc.	$352
Other Expenses	$34,886
Total Expenses	$91,285
Net Gain/Loss	($26,160)

Revenue
Contributions	$28,106
Program Services	$22,558
Investments	$1,721
Special Events	($122)
Sales	$0
Other	$5,415
Total Revenue	$57,678

Expenses
Grants	$1,500
Salaries & Employee Benefits	$35,713
Professional Fees	$4,075
Occupancy	$6,600
Printing, Publications, Postage, etc.	$289
Other Expenses	$17,192
Total Expenses	$65,369
Net Gain/Loss	($7,691)

Revenue
Contributions	$2,298,957
Government Grants	$10,000
Program Services	$14,506
Investments	$1,691
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,325,154

Expenses
Program Services	$56,083
Administration	$10,565
Fundraising	$2,781
Total Expenses	$69,429
Net Gain/Loss	$2,255,725

Functional expenses
Accounting Fees	$2,786
Advertising & Promotion	$1,693
Information Technology Expenses	$540
Insurance Expenses	$3,626
Interest Expenses	$0
Investment Management Fees	$1,588
Legal Fees	$485
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$20,463
Government Grants	$15,000
Program Services	$14,270
Investments	$43,292
Special Events	$0
Sales	$0
Other	$945
Total Revenue	$93,970

Expenses
Program Services	$76,815
Administration	$17,380
Fundraising	$7,648
Total Expenses	$101,843
Net Gain/Loss	($7,873)

Functional expenses
Accounting Fees	$5,330
Advertising & Promotion	$755
Information Technology Expenses	$6,830
Insurance Expenses	$4,483
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$5,254
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,488,058
Government Grants	$22,516
Program Services	$7,281
Investments	$535,484
Special Events	$0
Sales	$0
Other	$54
Total Revenue	$2,053,393

Expenses
Program Services	$121,212
Administration	$24,890
Fundraising	$11,347
Total Expenses	$157,449
Net Gain/Loss	$1,895,944

Functional expenses
Accounting Fees	$5,642
Advertising & Promotion	$284
Information Technology Expenses	$1,099
Insurance Expenses	$4,914
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$3,682
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$59,948
Government Grants	$23,990
Program Services	$16,143
Investments	$148,215
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$248,296

Expenses
Program Services	$279,654
Administration	$21,918
Fundraising	$12,191
Total Expenses	$313,763
Net Gain/Loss	($65,467)

Functional expenses
Accounting Fees	$5,825
Advertising & Promotion	$903
Information Technology Expenses	$1,257
Insurance Expenses	$5,076
Interest Expenses	$0
Investment Management Fees	$1,699
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Western North Carolina Historical Association Incorporation

Balance sheet

Fiscal Year: May 01 - Apr 30

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	May 01, 2013	Apr 30, 2014	Change
Contributions	$66,346
Cash & Equivalents	$40,522	$42,879	$2,357
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$278,721	$305,000	$26,279
Total Assets	$319,243	$347,879	$28,636

Liabilities	May 01, 2013	Apr 30, 2014	Change
Total Liabilities	$597	$0	($597)

Fund balance	May 01, 2013	Apr 30, 2014	Change
Net Assets	$318,646	$347,879	$29,233

Assets	May 01, 2014	Apr 30, 2015	Change
Contributions	$48,830
Cash & Equivalents	$42,879	$54,699	$11,820
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$305,000	$292,844	($12,156)
Total Assets	$347,879	$347,543	($336)

Liabilities	May 01, 2014	Apr 30, 2015	Change
Total Liabilities	$0	$0	$0

Fund balance	May 01, 2014	Apr 30, 2015	Change
Net Assets	$347,879	$347,543	($336)

Assets	May 01, 2015	Apr 30, 2016	Change
Contributions	$28,770
Cash & Equivalents	$54,699	$49,136	($5,563)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$292,844	$268,166	($24,678)
Total Assets	$347,543	$317,302	($30,241)

Liabilities	May 01, 2015	Apr 30, 2016	Change
Total Liabilities	$0	$95	$95

Fund balance	May 01, 2015	Apr 30, 2016	Change
Net Assets	$347,543	$317,207	($30,336)

Assets	May 01, 2016	Apr 30, 2017	Change
Contributions	$29,085
Cash & Equivalents	$49,136	$37,698	($11,438)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$268,166	$270,860	$2,694
Total Assets	$317,302	$308,558	($8,744)

Liabilities	May 01, 2016	Apr 30, 2017	Change
Total Liabilities	$95	$249	$154

Fund balance	May 01, 2016	Apr 30, 2017	Change
Net Assets	$317,207	$308,309	($8,898)

Assets	May 01, 2017	Apr 30, 2018	Change
Contributions	$28,106
Cash & Equivalents	$37,698	$37,928	$230
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$270,860	$273,692	$2,832
Total Assets	$308,558	$311,620	$3,062

Liabilities	May 01, 2017	Apr 30, 2018	Change
Total Liabilities	$249	$450	$201

Fund balance	May 01, 2017	Apr 30, 2018	Change
Net Assets	$308,309	$311,170	$2,861

Assets	May 01, 2018	Apr 30, 2019	Change
Contributions	$2,298,957
Cash & Equivalents	$37,927	$2,293,212	$2,255,285
Accounts Receivable	$66	$387	$321
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$103,958	$103,958	$0
Other	$169,668	$171,288	$1,620
Total Assets	$311,619	$2,568,845	$2,257,226

Liabilities	May 01, 2018	Apr 30, 2019	Change
Accounts Payable	$450	$382	($68)
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	$450	$382	($68)

Fund balance	May 01, 2018	Apr 30, 2019	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$171,288	$171,288
Total Restricted Net Assets	$0	$171,288	$171,288
Unrestricted Net Assets	$311,169	$2,397,175	$2,086,006
Net Assets	$311,169	$2,568,463	$2,257,294

Assets	May 01, 2019	Apr 30, 2020	Change
Contributions	$20,463
Cash & Equivalents	$2,293,212	$158,176	($2,135,036)
Accounts Receivable	$387	$597	$210
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$2,156,058	$2,156,058
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$103,958	$103,958	$0
Other	$171,288	$143,692	($27,596)
Total Assets	$2,568,845	$2,562,481	($6,364)

Liabilities	May 01, 2019	Apr 30, 2020	Change
Accounts Payable	$382	$1,594	$1,212
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	$382	$1,594	$1,212

Fund balance	May 01, 2019	Apr 30, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$2,445,144	$2,417,845	($27,299)
Unrestricted Net Assets	$123,319	$143,042	$19,723
Net Assets	$2,568,463	$2,560,887	($7,576)

Assets	May 01, 2020	Apr 30, 2021	Change
Contributions	$1,488,058
Cash & Equivalents	$158,176	$42,315	($115,861)
Accounts Receivable	$597	$2,340	$1,743
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$2,156,058	$2,661,314	$505,256
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$103,958	$1,469,033	$1,365,075
Other	$143,692	$179,389	$35,697
Total Assets	$2,562,481	$4,354,391	$1,791,910

Liabilities	May 01, 2020	Apr 30, 2021	Change
Accounts Payable	$1,594	$1,518	($76)
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	$1,594	$1,518	($76)

Fund balance	May 01, 2020	Apr 30, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$2,417,845	$4,309,736	$1,891,891
Unrestricted Net Assets	$143,042	$43,137	($99,905)
Net Assets	$2,560,887	$4,352,873	$1,791,986

Assets	May 01, 2021	Apr 30, 2022	Change
Contributions	$59,948
Cash & Equivalents	$42,315	$40,739	($1,576)
Accounts Receivable	$2,340	$2,419	$79
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$2,661,314	$2,280,825	($380,489)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,469,033	$1,307,800	($161,233)
Other	$179,389	$178,152	($1,237)
Total Assets	$4,354,391	$3,809,935	($544,456)

Liabilities	May 01, 2021	Apr 30, 2022	Change
Accounts Payable	$1,518	$0	($1,518)
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	$1,518	$0	($1,518)

Fund balance	May 01, 2021	Apr 30, 2022	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$4,309,736	$3,761,611	($548,125)
Unrestricted Net Assets	$43,137	$48,324	$5,187
Net Assets	$4,352,873	$3,809,935	($542,938)

Western North Carolina Historical Association Incorporation

Financial trends analysis Glossary & formula definitions

Fiscal Year: May 01 - Apr 30

SOURCE: IRS Form 990 info

This snapshot of Western North Carolina Historical Association Incorporation’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.

Created in partnership with

Fiscal year: May 01 - Apr 30 View full report Download data

Business model indicators

Profitability	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	$2,086,006	$19,723	-$99,905	$5,187
As % of expenses	3004.5%	19.4%	-63.5%	1.7%
Unrestricted surplus (deficit) after depreciation	$2,086,006	$19,723	-$99,905	$5,187
As % of expenses	3004.5%	19.4%	-63.5%	1.7%

Revenue composition
Total revenue (unrestricted & restricted)	$2,325,154	$93,970	$2,053,393	$248,296
Total revenue, % change over prior year	0.0%	-96.0%	2085.2%	-87.9%
Program services revenue	0.6%	15.2%	0.4%	6.5%
Membership dues	0.2%	10.5%	0.8%	6.6%
Investment income	0.1%	46.1%	26.1%	41.4%
Government grants	0.4%	16.0%	1.1%	9.7%
All other grants and contributions	98.7%	11.3%	71.7%	17.6%
Other revenue	0.0%	1.0%	0.0%	18.3%

Expense composition
Total expenses before depreciation	$69,429	$101,843	$157,449	$313,763
Total expenses, % change over prior year	0.0%	46.7%	54.6%	99.3%
Personnel	59.9%	42.3%	69.7%	35.4%
Professional fees	7.0%	12.6%	9.5%	10.1%
Occupancy	11.1%	8.7%	6.1%	45.9%
Interest	0.0%	0.0%	0.0%	0.0%
Pass-through	2.2%	2.5%	1.6%	1.4%
All other expenses	19.8%	33.9%	13.2%	7.1%

Full cost components (estimated)	2019	2020	2021	2022
Total expenses (after depreciation)	$69,429	$101,843	$157,449	$313,763
One month of savings	$5,786	$8,487	$13,121	$26,147
Debt principal payment	$0	$0	$0	$0
Fixed asset additions	$0	$0	$1,365,075	$0
Total full costs (estimated)	$75,215	$110,330	$1,535,645	$339,910

Capital structure indicators

Liquidity	2019	2020	2021	2022
Months of cash	396.4	18.6	3.2	1.6
Months of cash and investments	396.4	272.7	206.1	88.8
Months of estimated liquid unrestricted net assets	396.4	4.6	-108.7	-48.2

Balance sheet composition	2019	2020	2021	2022
Cash	$2,293,212	$158,176	$42,315	$40,739
Investments	$0	$2,156,058	$2,661,314	$2,280,825
Receivables	$387	$597	$2,340	$2,419
Gross land, buildings, equipment (LBE)	$167,593	$167,593	$1,532,668	$1,371,435
Accumulated depreciation (as a % of LBE)	38.0%	38.0%	4.2%	4.6%
Liabilities (as a % of assets)	0.0%	0.1%	0.0%	0.0%
Unrestricted net assets	$2,397,175	$143,042	$43,137	$48,324
Temporarily restricted net assets	$0	N/A	N/A	N/A
Permanently restricted net assets	$171,288	N/A	N/A	N/A
Total restricted net assets	$171,288	$2,417,845	$4,309,736	$3,761,611
Total net assets	$2,568,463	$2,560,887	$4,352,873	$3,809,935

Key data checks

Key data checks	2019	2020	2021	2022
Material data errors	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

Executive Director

Anne Chesky

Number of employees

Source: IRS Form 990

Western North Carolina Historical Association Incorporation

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.

Western North Carolina Historical Association Incorporation

Board of directors
as of 04/20/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Ralph Simpson

Organizational demographics

SOURCE: Self-reported; last updated 4/20/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Decline to state

Disability status

Decline to state

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

Western North Carolina Historical Association Incorporation

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

Our programs

Smith-McDowell House Museum

Where we work

Awards

Our Sustainable Development Goals

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

0.00

Months of cash in 2022 info

1.6

Fringe rate in 2022 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Western North Carolina Historical Association Incorporation

Western North Carolina Historical Association Incorporation

Western North Carolina Historical Association Incorporation

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Anne Chesky

Number of employees

Western North Carolina Historical Association Incorporation

Compensation data

Western North Carolina Historical Association Incorporation

Board of directors data

Ralph Simpson

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities