Modernist Archive INC

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M.a., INC is a private NC 501(c)3 npo committed to documenting, preserving & promoting Modernist architecture. Ncmodernist/usmodernist is m.a. Inc's award-winning educational Archive of several thousand Modernist houses & their architects in NC/america. The site allows the public to remember & revive the areas's legacy of great architecture. M.a., INC hosts popular Modernist house tours, movies & trips, giving the public access to the most exciting residential architecture, past & present. Our events raise awareness, connect people with great design & help preserve these exceptional "works of art" for future generations. The mission of m.a., INC. Is threefold: documentation of NC and other significant Modernist houses & architects; preservation of NC Modernist houses through educating the public, creating awareness & keeping these homes occupied; and promoting new residential Modernist construction, furthering the art form for future generations.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 20 volunteers and 6 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 surplus $8K a year · 1% 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
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$39K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $9K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$618K
+4% vs prior year
Spent
$557K
To programs
88%
Net assets
$515K
By yearFY2020–FY2024
Revenue
$618K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$269K
FY2021$516K
FY2022$649K
FY2023$592K
FY2024$618K
Expenses
$557K
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$365K
FY2021$559K
FY2022$560K
FY2023$564K
FY2024$557K
Net assets
$515K
FY2024▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$353K
FY2021$309K
FY2022$398K
FY2023$447K
FY2024$515K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2009.

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% · $489K Management & general 9% · $52K Fundraising 3% · $15K

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

7 people listed on the 990; $39K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chairman/CEO
$39,252Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

George M Smart JR’s $39K as Chairman/CEO is at the 34th percentile of top reported officer pay among 2215 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
George M Smart JR$39,252$27,000$95,000$44,000$9,000

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 Modernist Archive INC 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 and promotes modernist architecture through documentation, tours, and educational archives.

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3 programs · $489K · in their own filed words · FY2024
01

USMODERNIST.ORG and NCMODERNIST.ORG are award-winning archives of over 25,000 modernist houses and 400 architects. The sites allow the public to research and preserve america's legacy of innovative design.

$355Kprogram expense
02

Modernist archive creates a breadth of awareness across america by engaging media influencers and academia. During 2024 modernist archive produced 52 new episodes of the long running podcast usmodernist radio, a weekly newsletter going out to over 64,000 people a week and maintained a north carolina for sale database to publicize…

$115Kprogram expense
03

Modernist archive hosted the 13TH annual george matsumoto prize for excellence in modernist home design, a competition for north carolina houses and architects.

$20Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$9K
Grants paid · 1 grant · $2K · 2020–2020
Unitemized GrantFY2020$1,750

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$618K
Ln 12
Fees for servicesLn 2g$532K
Gifts and grantsLn 1h$65K
Other incomeLn 4–11$14K
Money outPt IX
$557K
Ln 25
Programscol B$489K
Managementcol C$52K
Fundraisingcol D$15K
Owns and owesPt X
$515K
net assets · Ln 32
Cash and savingsLn 1–2$491K
Total assetsLn 16$517K
LiabilitiesLn 26$3K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$65K
Fees for servicesLn 2g$532K
Investment incomeLn 3$7K
Other incomeLn 4–11$14K
Total revenueLn 12$618K
Assets in detailPt X, end of year
CashLn 1$334K
SavingsLn 2$157K
Cash and savings togetherLn 1–2$491K
InvestmentsLn 11–13$26K
Total assetsLn 16$517K
LiabilitiesLn 26$3K
Net assetsLn 32$515K
OperationsPt I, VI
EmployeesI 56
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$428K$491K
InvestmentsLn 11–13$20K$26K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$447K$517K
LiabilitiesLn 26$25$3K
Net assetsLn 32$447K$515K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Pay of current officers, directors and key staffLn 5$39K$13K$13K$13K
Other salaries and wagesLn 7$77K$62K$15K
Payroll taxesLn 10$9K$5K$1K$2K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$50$50
Other fees for servicesLn 11g$490$392$98
Advertising and promotionLn 12$68K$68K
Office expensesLn 13$3K$581$2K
Information technologyLn 14$16K$16K
TravelLn 17$32K$25K$6K
InterestLn 20$177$142$35
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$296K$296K
All other expensesLn 24e$4K$1K$3K
Total functional expensesLn 25$557K$489K$52K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Mar 26, 2025 $618K$557K$61K$515K 990 PDF
FY2023Filed with the IRS Jul 3, 2024 $592K$564K$28K$447K 990 PDF
FY2022Filed with the IRS Jul 21, 2023 $649K$560K$89K$398K 990 PDF
FY2021Filed with the IRS Jul 5, 2022 $516K$559K−$44K$309K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $269K$365K−$96K$353K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $617,841 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $71,908$64,698
I-9 Program service revenuePrior year $489,693$531,943
I-10 Investment incomePrior year $3,927$6,895
I-11 Other revenuePrior year $26,826$14,305
I-12 Total revenuePrior year $592,354$617,841
I-13 Grants and similar amounts paidPrior year $300$1,632
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $126,699$125,554
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $436,913$429,648
I-18 Total expensesPrior year $563,912$556,834
I-19 Revenue less expensesPrior year $28,442$61,007
Part VI · Governance 6 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $617,841 across 5 lines filed
Lines not itemized here account for $14,305 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$64,698
VIII-1h Total contributions, gifts and grants$64,698
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $531,943$531,943
VIII-3 Investment incomeExcluded from tax $6,895$6,895
VIII-12 Total revenueRelated to mission $546,248 · Unrelated business $0 · Excluded from tax $6,895$617,841
Part IX · Statement of functional expenses $556,834 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $1,632$1,632
IX-5 Pay of current officers, directors and key staffPrograms $13,346 · Management $12,953 · Fundraising $12,953$39,252
IX-7 Other salaries and wagesPrograms $61,882 · Management $15,471$77,353
IX-10 Payroll taxesPrograms $5,101 · Management $1,476 · Fundraising $2,372$8,949
IX-11b Legal feesManagement $5,124$5,124
IX-11c Accounting feesManagement $2,500$2,500
IX-11f Investment management feesManagement $50$50
IX-11g Other fees for servicesPrograms $392 · Management $98$490
IX-12 Advertising and promotionPrograms $68,106$68,106
IX-13 Office expensesPrograms $581 · Management $2,324$2,905
IX-14 Information technologyPrograms $15,623$15,623
IX-17 TravelPrograms $25,267 · Management $6,326$31,593
IX-20 InterestPrograms $142 · Management $35$177
IX-23 InsuranceManagement $3,180$3,180
IX-24 Other expenses (24a–d)Programs $295,896$295,896
IX-24e All other expensesPrograms $1,372 · Management $2,632$4,004
IX-25 Total functional expensesPrograms $489,340 · Management $52,169 · Fundraising $15,325$556,834
Part X · Balance sheet $517,405 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $330,793$334,283
X-2 Savings and temporary cash investmentsStart of year $96,721$157,116
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $19,586$26,006
X-16 Total assetsStart of year $447,100$517,405
X-17 Accounts payable and accrued expensesStart of year $25$2,903
X-26 Total liabilitiesStart of year $25$2,903
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $447,075$514,502
X-32 Total net assets or fund balancesStart of year $447,075$514,502
X-33 Total liabilities and net assetsStart of year $447,100$517,405
Part XI · Reconciliation of net assets $514,502 net assets at year end
XI-1 Total revenue$617,841
XI-2 Total expenses$556,834
XI-3 Revenue less expenses$61,007
XI-4 Net assets at start of year$447,075
XI-5 Net unrealized gains (losses) on investments$6,420
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$514,502

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

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