Milton Renaissance Foundation
Nonprofit profile at a glance
- EIN
- 813809346
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Milton, NC, USA
- Phone
- 3365838203
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $65,051
- Expenses
- $45,854
- Assets
- $119,852
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Angela Daniel Upchurch (President)
People named in this filing
- Angela Daniel Upchurch (President)
- James Upchurch (Treasurer)
- Caroline Keener (Board Member)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The exempt purpose is Education. Mission statement: "To preserve and communicate the Historical Narrative of the Town of Milton, NC, established in 1796, through display, archival and preservation of artifacts, and through educational and cultural programming." Milton Renaissance Foundation operates a portion of its mission in an 1890 former Episcopal Church Building, which is an historical "artifact" in itself, suitable for museum programming and events. Because the museum was scheduled to move out of the location which displayed a majority of its collection since 2017, renovation of an 1880 storefront building became necessary in order to continue serving as a museum to the public.
What it reported doing in 2025
Operating and curating the Museum of Milton, continuing to collect items related to Milton's history, first edition 18th and early 19th books referencing Milton and/or its people. MRF did not provide any funding for, but co-managed the restoration of a small plug tobacco factory here, with the goal of displaying tobacco manufacturing in the 1800s when completed. Participated in Town events such as our Fall and Christmas event, and gave Museum tours and hosted event programming for approximately 400 people. Because the Museum will relocate 2026, we prepared to move and began renovating a Victorian storefront to use as a primary museum home. Milton is fortunate to have several remaining examples of architectural styles, Federal, Greek Revival and Victorian, as well as the work of Free Person of Color cabinetmaker, Thomas Day, who is featured at the Thomas Day State Historic Site nearby. Architectural history has been a part of the museum's focus, and will be more so in the new space. We continued to host historical themed talks throughout the year. Milton Renaissance has become known for its historical contributions to the Town as well as the region. MRF has served as the fiscal sponsor for Milton Merchants Association, in order for them to receive grant funding for special events. A goal this summer, in honor of America's 250th, we plan to erect a sign recognizing the original "Milton Mill," no longer standing, that was commandeered by British forces during the American Revolution.
Operating model
- Revenue model
- Donor-supported. 97% 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.3%; rating input score 52
- Program expense ratio: 74.2%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29.5%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 2.61; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -77.7% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -30.4% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 24.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 52.3% of revenue deployed · 74.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $34K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.