Historic Natchez Foundation

Tax-deductible

Natchez, MS501(c)(3)Arts & CultureEIN 23-7372767

To foster, encourage, and engage in the preservation, restoration, and development of historic or important sites, buildings, and personal property in every way deemed to be feasible, including acquisition of buildings, sites, and other property for preservation.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 50 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $67K a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 6.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$60K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$612K
-0.8% vs prior year
Spent
$566K
To programs
81%
Net assets
$6.8M
By yearFY2020–FY2024
Revenue
$612K
FY2024▼ -0.8%
Revenue by fiscal year
FY2020$123K
FY2021$351K
FY2022$528K
FY2023$617K
FY2024$612K
Expenses
$566K
FY2024▼ -3%
Expenses by fiscal year
FY2020$465K
FY2021$452K
FY2022$497K
FY2023$585K
FY2024$566K
Net assets
$6.8M
FY2024▼ -10%
Net assets by fiscal year
FY2020$7.6M
FY2021$7.5M
FY2022$7.5M
FY2023$7.5M
FY2024$6.8M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $457K Management & general 12% · $67K Fundraising 7% · $42K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Historic Natchez Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves, restores, and develops historic sites, buildings, and property through acquisition and other feasible means.

Provided by the organization

This section is blank until Historic Natchez Foundation claims this page.

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3 program services account for $457K of program spending, described in the organization's own filed words · FY2024.
01

Preservation

Works to preserve historic buildings, which sometimes involves acquisition and restoration. The foundation places preservation easements in perpetuity on all historic properties that are acquired for preservation purposes before any resale of the PROPERTY.THE foundation solicits preservation and restoration grants and other funding and…

$225Kprogram expense
02

Education

Information related to natchez regional history, genealogy, architecture, and decorative arts is provided on a daily basis to local citizens, governmental and other organizations, visitors, scholars, writers, genealogists, historical associations, museums, filmmakers, and others.

$131Kprogram expense
03

Collections

Has a significant collection of important archival material, museum artifacts, and public records related to the history of the natchez region. The foundation's collections include books, photographs, documents, site files, subject files, public records, and artifacts.

$101Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$612K
Ln 12
Investment incomeLn 3$365K
Gifts and grantsLn 1h$147K
Fees for servicesLn 2g$97K
Money outPt IX
$566K
Ln 25
Programscol B$457K
Managementcol C$67K
Fundraisingcol D$42K
Owns and owesPt X
$6.8M
net assets · Ln 32
Cash and savingsLn 1–2$310K
Total assetsLn 16$6.8M
LiabilitiesLn 26$60K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$147K
Government grantsLn 1e$16K
Fees for servicesLn 2g$97K
Investment incomeLn 3$365K
Other incomeLn 4–11$3K
Gains on assetsLn 7$228K
Total revenueLn 12$612K
Assets in detailPt X, end of year
CashLn 1$124K
SavingsLn 2$186K
Cash and savings togetherLn 1–2$310K
InvestmentsLn 11–13$4.5M
Land, buildings, equipmentLn 10c$1.9M
Total assetsLn 16$6.8M
LiabilitiesLn 26$60K
Net assetsLn 32$6.8M
OperationsPt I, VI
EmployeesI 59
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$541K$310K
InvestmentsLn 11–13$4.6M$4.5M
Land, buildings, equipmentLn 10c$2.4M$1.9M
Total assetsLn 16$7.6M$6.8M
LiabilitiesLn 26$17K$60K
Net assetsLn 32$7.5M$6.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$246K$212K$15K$20K
Pension plan contributionsLn 8$26K$22K$2K$2K
Payroll taxesLn 10$27K$23K$2K$2K
Other fees for servicesLn 11g$15K$13K$882$1K
Advertising and promotionLn 12$3K$2K$163$218
Office expensesLn 13$31K$26K$2K$2K
OccupancyLn 16$66K$56K$4K$5K
TravelLn 17$6K$5K$361$481
Conferences, conventions and meetingsLn 19$20K$17K$1K$2K
Depreciation, depletion and amortizationLn 22$49K$42K$3K$4K
InsuranceLn 23$16K$14K$966$1K
Other expenses (24a–d)Ln 24$60K$23K$37K$1K
All other expensesLn 24e$1K$1K$74$98
Total functional expensesLn 25$566K$457K$67K$42K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $612K$566K$46K$6.8M 990 PDF
FY2023 $617K$585K$32K$7.5M 990 PDF
FY2022 $528K$497K$32K$7.5M 990 PDF
FY2021 $351K$452K−$101K$7.5M 990 PDF
FY2020 $123K$465K−$342K$7.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $612,052 across 9 lines filed
Lines not itemized here account for $819 of total revenue; see the IRS return.
VIII-1b Membership dues$86,916
VIII-1e Government grants$15,500
VIII-1f All other contributions, gifts and grants$44,596
VIII-1h Total contributions, gifts and grants$147,012
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $97,089$97,089
VIII-3 Investment incomeRelated to mission $137,248$137,248
VIII-7 Net gain or loss on sales of assetsRelated to mission $227,885$227,885
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,999$1,999
VIII-12 Total revenueRelated to mission $465,040 · Unrelated business $0 · Excluded from tax $0$612,052
Part IX · Statement of functional expenses $565,813 across 13 lines filed
IX-7 Other salaries and wagesPrograms $211,720 · Management $14,771 · Fundraising $19,695$246,186
IX-8 Pension plan contributionsPrograms $22,474 · Management $1,568 · Fundraising $2,091$26,133
IX-10 Payroll taxesPrograms $23,440 · Management $1,635 · Fundraising $2,180$27,255
IX-11g Other fees for servicesPrograms $12,637 · Management $882 · Fundraising $1,176$14,695
IX-12 Advertising and promotionPrograms $2,342 · Management $163 · Fundraising $218$2,723
IX-13 Office expensesPrograms $26,383 · Management $1,841 · Fundraising $2,454$30,678
IX-16 OccupancyPrograms $56,338 · Management $3,931 · Fundraising $5,241$65,510
IX-17 TravelPrograms $5,168 · Management $361 · Fundraising $481$6,010
IX-19 Conferences, conventions and meetingsPrograms $17,332 · Management $1,209 · Fundraising $1,612$20,153
IX-22 Depreciation, depletion and amortizationPrograms $42,029 · Management $2,932 · Fundraising $3,910$48,871
IX-23 InsurancePrograms $13,846 · Management $966 · Fundraising $1,288$16,100
IX-24 Other expenses (24a–d)Programs $22,564 · Management $36,546 · Fundraising $1,163$60,273
IX-24e All other expensesPrograms $1,054 · Management $74 · Fundraising $98$1,226
IX-25 Total functional expensesPrograms $457,327 · Management $66,879 · Fundraising $41,607$565,813
Part X · Balance sheet $6,812,693 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $61,862$123,918
X-2 Savings and temporary cash investmentsStart of year $479,259$185,614
X-4 Accounts receivableStart of year $18,200$19,757
X-8 Inventories for sale or useStart of year $12,974$12,974
X-10c Land, buildings and equipment, netStart of year $2,431,287$1,925,416
X-11 Publicly traded securitiesStart of year $4,064,325$4,052,698
X-13 Program-related investmentsStart of year $492,316$492,316
X-16 Total assetsStart of year $7,560,223$6,812,693
X-17 Accounts payable and accrued expensesStart of year $2,824$5,486
X-18 Grants payableStart of year $14,034$54,649
X-26 Total liabilitiesStart of year $16,858$60,135
X-32 Total net assets or fund balancesStart of year $7,543,365$6,752,558
X-33 Total liabilities and net assetsStart of year $7,560,223$6,812,693
Part XI · Reconciliation of net assets $6,752,558 net assets at year end
XI-1 Total revenue$612,052
XI-2 Total expenses$565,813
XI-3 Revenue less expenses$46,239
XI-4 Net assets at start of year$7,543,365
XI-8 Prior period adjustments−$837,046
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,752,558

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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