Historical Foundation of Hillsborough and Orange County
Nonprofit profile at a glance
- EIN
- 560797289
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Hillsborough, NC, USA
- Phone
- 9197322201
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $152,279
- Expenses
- $159,172
- Assets
- $104,600
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- Gregg Phillips (Chairperson)
- Thomas Jepsen (Vice Chairperson)
- Brian Linvill (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enlighten and engage our community and visitors from around the world by preserving and interpreting the history of Hillsborough and Orange County, North Carolina.
What it reported doing in 2024
Welcomed 2,925 on-site visitors into the museum to view exhibits pertaining to Orange County History, including 3 special exhibits over the course of the year. Special exhibits include "Working for a Living: A History of Trades in Orange County," "SCORE! Youth Sports in Orange County History," plus a guest exhibit celebrating 100 years of the Hillsborough Garden Club. Hosted 26 programs and events, including lectures, exhibit openings, tastings, and other educational offerings which saw a total of 1,074 attendees. Facilitated 13 K-12 field trips and classroom visits serving a total of 592 students.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94%; rating input score 94
- Program expense ratio: 88.5%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.5%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.2% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -5.1% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 94% of revenue deployed · 88.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $141K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.