Friends of Moorefields FY2024 filing

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Moorefields has a rich tradition dating to the mid-20th century of stewards who honor and protect its history, celebrate the arts, and protect the wildlife habitats and natural areas that are essential to this place. The mission of the Friends of Moorefields is to enhance and share these priorities through: - maintaining and preserving the Moorefields historic house and grounds; - acting as a valuable resource for research and education, as well as investigating and sharing with the public the cultural history of all those who lived and worked at Moorefields; - fostering appreciation of the arts by engaging diverse audiences in events, programs and educational opportunities; and - safeguarding the site's waterways, protecting its natural habitats, and connecting people with nature and history through public engagement.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-2570121) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$7K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $306K a year · 78% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7K
to officers and key staff · 7% of spending
Pay to officers and key staff is 7% of spending.
Part VII, Section A
44.5 mo
of spending, in cash
44.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$436K
+597% vs prior year
Spent
$97K
To programs
88%
Net assets
$1.3M
By yearFY2022–FY2025
Revenue
$436K
FY2024▲ +597%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.0M
FY2023$63K
FY2024$436K
FY2025$65K
Expenses
$97K
FY2024▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2022$51K
FY2023$102K
FY2024$97K
FY2025$97K
Net assets
$1.3M
FY2024▲ +37%
Tap a bar for its year
Net assets by fiscal year
FY2022$958K
FY2023$919K
FY2024$1.3M
FY2025$1.2M

From the FY2024 Form 990 · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2012.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $85K Management & general 12% · $12K

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

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Who runs it and what they're paid

11 people listed on the 990; $7K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$7,000Pt VII · Sec A
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Cecily T Nisbet’s $22K as Executive Di is at the 75th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Cecily T Nisbet$21,997———
Barry Jacobs—$7,000$10,500$3,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Friends of Moorefields executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves a historic house and grounds, celebrating arts and protecting wildlife.

Questions for Friends of Moorefields

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1 program · $85K · in their own filed words · FY2024
01

- culminating five years of work in cooperation with a partnership between the state of north carolina, orange county, NC, and the nonprofit association for the preservation of the eno river valley, inc., friends of moorefields conveyed permanent easements to those partners which will protect the moorefields historic site in perpetuity…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-2570121) · Dispute this line
$85Kprogram expense

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 · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$436K
Ln 12
Other incomeLn 4–11$366K
Gifts and grantsLn 1h$64K
Investment incomeLn 3$7K
Money outPt IX
$97K
Ln 25
Programscol B$85K
Managementcol C$12K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$361K
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$64K
Government grantsLn 1e$39K
Fundraising eventsLn 1c$7K
Investment incomeLn 3$7K
Other incomeLn 4–11$366K
Gains on assetsLn 7$359K
Total revenueLn 12$436K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$352K
Cash and savings togetherLn 1–2$361K
Land, buildings, equipmentLn 10c$897K
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 637
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$13K$361K
Land, buildings, equipmentLn 10c$905K$897K
Total assetsLn 16$919K$1.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$919K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$7K$4K$4K
Legal feesLn 11b$38$38
Accounting feesLn 11c$2K$2K
Office expensesLn 13$778$389$389
Information technologyLn 14$702$702
OccupancyLn 16$5K$5K
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$61K$56K$5K
Total functional expensesLn 25$97K$85K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 10, 2026 $65K$97K−$32K$1.2M 990 PDF
FY2024 ViewingFiled with the IRS Apr 24, 2025 $436K$97K$339K$1.3M 990 PDF
FY2023Filed with the IRS May 13, 2024 $63K$102K−$40K$919K 990 PDF
FY2022Filed with the IRS Apr 24, 2023 $1.0M$51K$955K$958K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $436,170 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $51,588$63,594
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$365,808
I-11 Other revenuePrior year $11,002$6,768
I-12 Total revenuePrior year $62,590$436,170
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $10,500$7,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $91,733$90,336
I-18 Total expensesPrior year $102,233$97,336
I-19 Revenue less expensesPrior year −$39,643$338,834
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $436,170 across 9 lines filed
VIII-1c Fundraising events$7,020
VIII-1e Government grants$38,807
VIII-1f All other contributions, gifts and grants$17,767
VIII-1h Total contributions, gifts and grants$63,594
VIII-3 Investment incomeExcluded from tax $6,568$6,568
VIII-6 Net rental income or lossExcluded from tax $8,000$8,000
VIII-7 Net gain or loss on sales of assetsExcluded from tax $359,240$359,240
VIII-8 Net income from fundraising eventsExcluded from tax −$1,232−$1,232
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $372,576$436,170
Part IX · Statement of functional expenses $97,336 across 9 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $3,500 · Management $3,500$7,000
IX-11b Legal feesManagement $38$38
IX-11c Accounting feesManagement $2,295$2,295
IX-13 Office expensesPrograms $389 · Management $389$778
IX-14 Information technologyManagement $702$702
IX-16 OccupancyPrograms $5,001$5,001
IX-22 Depreciation, depletion and amortizationPrograms $15,779$15,779
IX-23 InsurancePrograms $4,711$4,711
IX-24 Other expenses (24a–d)Programs $56,027 · Management $5,005$61,032
IX-25 Total functional expensesPrograms $85,407 · Management $11,929 · Fundraising $0$97,336
Part X · Balance sheet $1,257,504 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $13,392$9,171
X-2 Savings and temporary cash investments$351,568
X-10c Land, buildings and equipment, netStart of year $905,278$896,765
X-16 Total assetsStart of year $918,670$1,257,504
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $918,670$1,257,504
X-32 Total net assets or fund balancesStart of year $918,670$1,257,504
X-33 Total liabilities and net assetsStart of year $918,670$1,257,504
Part XI · Reconciliation of net assets $1,257,504 net assets at year end
XI-1 Total revenue$436,170
XI-2 Total expenses$97,336
XI-3 Revenue less expenses$338,834
XI-4 Net assets at start of year$918,670
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,257,504

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

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