Historic Georgetown INC FY2021 filing

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Aquisition, restoration and maintenance of Historic structures, antiques and mining properties within and surrounding the town of Georgetown, colorado; operation of museum houses.

501(c)(3) charity; gifts are tax-deductible.
42¢ of each $1 spent went to programs.
$55K 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

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $8K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
42%
of spending
Concern: 42% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 12.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $8K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$246K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$363K
+23% vs prior year
Spent
$200K
To programs
42%
Net assets
$3.9M
By yearFY2020–FY2025
Revenue
$363K
FY2021▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$296K
FY2021$363K
FY2022$229K
FY2023$256K
FY2024$221K
FY2025$380K
Expenses
$200K
FY2021▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2020$235K
FY2021$200K
FY2022$312K
FY2023$318K
FY2024$307K
FY2025$325K
Net assets
$3.9M
FY2021▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$3.9M
FY2022$3.9M
FY2023$3.8M
FY2024$3.8M
FY2025$3.8M

From the FY2021 Form 990 (year ending April 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2013-09-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Oct 2014.

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

Where the money goes

42 cents of each dollar spent went to programs.

Program services 42% · $84K Management & general 50% · $99K Fundraising 9% · $17K

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

13 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$54,611Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Nancy Hale’s $67K as Executive Di is at the 61st percentile of top reported officer pay among 2216 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Nancy Hale$66,733$67,083$60,000$60,000$54,611$53,080

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 Historic Georgetown 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and operates historic Georgetown buildings, antiques, and mining sites as museums.

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1 program · $84K · in their own filed words · FY2020
01

Aquisition, restoration and maintenance of historic structures, antiques and mining properties within and surrounding the town of georgetown, colorado; operation of museum houses.

$84Kprogram 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 2 funders$8K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$363K
Ln 12
Other incomeLn 4–11$198K
Gifts and grantsLn 1h$160K
Investment incomeLn 3$6K
Money outPt IX
$200K
Ln 25
Programscol B$84K
Managementcol C$99K
Fundraisingcol D$17K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$205K
Total assetsLn 16$4.2M
LiabilitiesLn 26$246K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$160K
Government grantsLn 1e$83K
Investment incomeLn 3$6K
Other incomeLn 4–11$198K
Gains on assetsLn 7$3K
Total revenueLn 12$363K
Assets in detailPt X, end of year
CashLn 1$205K
Cash and savings togetherLn 1–2$205K
Accounts receivableLn 4$33K
Inventories for sale or useLn 8$2K
Land, buildings, equipmentLn 10c$358K
InvestmentsLn 11–13$130K
Other assetsLn 15$3.5M
Total assetsLn 16$4.2M
LiabilitiesLn 26$246K
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 57
VolunteersI 660
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$86K$76K$91K$91K$91K
Given inLn 1b$10K
SpentLn 1d–1f$16K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$236K$205K
InvestmentsLn 11–13$105K$130K
Land, buildings, equipmentLn 10c$367K$358K
Total assetsLn 16$4.0M$4.2M
LiabilitiesLn 26$269K$246K
Net assetsLn 32$3.8M$3.9M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$51K$24K$17K$11K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$48K$48K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$1K$3K$558
Payroll taxesLn 10$8K$2K$5K$897
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$422$101$274$47
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$8K$8K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$13K$3K$8K$1K
Other expenses (24a–d)Ln 24$52K$44K$7K$881
All other expensesLn 24e$6K$2K$3K$1K
Total functional expensesLn 25$200K$84K$99K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 22, 2026 $380K$325K$54K$3.8M 990 PDF
FY2024Filed with the IRS Sep 5, 2024 $221K$307K−$86K$3.8M 990 PDF
FY2023Filed with the IRS Mar 6, 2024 $256K$318K−$63K$3.8M 990 PDF
FY2022Filed with the IRS Mar 8, 2024 $229K$312K−$83K$3.9M 990 PDF
FY2021 ViewingFiled with the IRS Mar 14, 2022 $363K$200K$163K$3.9M 990 PDF
FY2020Filed with the IRS Mar 9, 2021 $296K$235K$61K$3.8M 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 FY2021 990 (6 parts)
Part I · Summary $363,446 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $47,007$159,656
I-9 Program service revenuePrior year $1,870$0
I-10 Investment incomePrior year $3,626$6,158
I-11 Other revenuePrior year $243,264$197,632
I-12 Total revenuePrior year $295,767$363,446
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $111,620$112,456
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $123,219$87,669
I-18 Total expensesPrior year $234,839$200,125
I-19 Revenue less expensesPrior year $60,928$163,321
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $363,446 across 11 lines filed
VIII-1b Membership dues$1,345
VIII-1e Government grants$83,490
VIII-1f All other contributions, gifts and grants$74,821
VIII-1h Total contributions, gifts and grants$159,656
VIII-3 Investment incomeExcluded from tax $3,245$3,245
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $159,344$159,344
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,913$2,913
VIII-8 Net income from fundraising eventsExcluded from tax −$963−$963
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $39,251$39,251
VIII-12 Total revenueRelated to mission $42,164 · Excluded from tax $161,626$363,446
Part IX · Statement of functional expenses $200,125 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $23,727 · Management $16,623 · Fundraising $11,082$51,432
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $47,975$47,975
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $1,194 · Management $3,248 · Fundraising $558$5,000
IX-10 Payroll taxesPrograms $1,921 · Management $5,231 · Fundraising $897$8,049
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $6,880$6,880
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionFundraising $1,141$1,141
IX-13 Office expensesPrograms $101 · Management $274 · Fundraising $47$422
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $8,015$8,015
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $3,042 · Management $8,279 · Fundraising $1,421$12,742
IX-24 Other expenses (24a–d)Programs $43,927 · Management $7,168 · Fundraising $881$51,976
IX-24e All other expensesPrograms $1,961 · Management $3,482 · Fundraising $1,050$6,493
IX-25 Total functional expensesPrograms $83,888 · Management $99,160 · Fundraising $17,077$200,125
Part X · Balance sheet $4,193,598 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $236,310$205,485
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $38,329$32,562
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or useStart of year $2,300$2,300
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $366,754$358,197
X-11 Publicly traded securitiesStart of year $104,522$130,273
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $3,292,045$3,464,781
X-16 Total assetsStart of year $4,040,260$4,193,598
X-17 Accounts payable and accrued expensesStart of year $11,197$15,957
X-19 Deferred revenueStart of year $85,209$69,121
X-23 Secured mortgages and notes payableStart of year $172,593$161,340
X-26 Total liabilitiesStart of year $268,999$246,418
X-27 Net assets without donor restrictionsStart of year $3,680,235$3,806,159
X-28 Net assets with donor restrictionsStart of year $91,026$141,021
X-32 Total net assets or fund balancesStart of year $3,771,261$3,947,180
X-33 Total liabilities and net assetsStart of year $4,040,260$4,193,598
Part XI · Reconciliation of net assets $3,947,180 net assets at year end
XI-1 Total revenue$363,446
XI-2 Total expenses$200,125
XI-3 Revenue less expenses$163,321
XI-4 Net assets at start of year$3,771,261
XI-5 Net unrealized gains (losses) on investments$12,598
XI-10 Net assets at end of year$3,947,180

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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