Civic Intelligence

Alamance County Historical Museum Inc

EIN 51-0163093 • 501(c)3 • Burlington, NC

Profile

The museum is established to promote and maintain a historical museum in alamance county, north carolina. The purpose of the museum is to collect, display and preserve records, relics, and other objects which contribute to an understanding of an appreciation for the historical developments and the heritage of alamance county and the surrounding area. Its current programs include visitor and group tours and technical assistance.

4777 S NC 62Burlington, NC 27215

www.alamancemuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Net Margin

91st percentile

68%

Higher net margin than 91% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

51st percentile

$53,950

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2025

Asset Growth

87th percentile

42%

Faster asset growth than 87% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

93rd percentile

214%

Faster revenue growth than 93% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$1,579,599

Up $470,397 (+42%) from 2024

Liabilities

Up

$657

Up $609 (+1269%) from 2024

Net Assets

Up

$1,578,942

Up $469,788 (+42%) from 2024

Operations
Liabilities / Revenue20th percentileNet Margin91st percentile

Revenue

Up

$657,398

Up $448,237 (+214%) from 2024

Expenses

Down

$213,126

Down $62,007 (-23%) from 2024

Net Income

Up

$444,272

Up $510,244 (+773%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $920,298Liabilities 2011: $1,995Net Assets 2011: $918,3032011Assets 2012: $921,681Liabilities 2012: $2,388Net Assets 2012: $919,2932012Assets 2013: $962,019Liabilities 2013: $2,056Net Assets 2013: $959,9632013Assets 2014: $967,567Liabilities 2014: $1,974Net Assets 2014: $965,5932014Assets 2015: $968,698Liabilities 2015: $2,650Net Assets 2015: $966,0482015Assets 2016: $971,909Liabilities 2016: $2,594Net Assets 2016: $969,3152016Assets 2017: $977,210Liabilities 2017: $1,901Net Assets 2017: $975,3092017Assets 2018: $999,369Liabilities 2018: $1,932Net Assets 2018: $997,4372018Assets 2019: $1,012,898Liabilities 2019: $1,870Net Assets 2019: $1,011,0282019Assets 2020: $1,041,563Liabilities 2020: $19,242Net Assets 2020: $1,022,3212020Assets 2021: $1,088,404Liabilities 2021: $19,017Net Assets 2021: $1,069,3872021Assets 2022: $1,155,970Liabilities 2022: $253Net Assets 2022: $1,155,7172022Assets 2023: $1,155,440Liabilities 2023: $651Net Assets 2023: $1,154,7892023Assets 2024: $1,109,202Liabilities 2024: $48Net Assets 2024: $1,109,1542024Assets 2025: $1,579,599Liabilities 2025: $657Net Assets 2025: $1,578,9422025

Highlighted filing

2025

Assets$1,579,599
Liabilities$657
Net Assets$1,578,942
Open 2025 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $201,078Expenses 2011: $170,090Net Income 2011: $30,9882011Revenue 2012: $161,924Expenses 2012: $151,268Net Income 2012: $10,6562012Expenses 2013: $156,1672013Revenue 2014: $147,091Expenses 2014: $172,121Net Income 2014: -$25,0302014Revenue 2015: $168,415Expenses 2015: $169,000Net Income 2015: -$5852015Revenue 2016: $170,180Expenses 2016: $159,510Net Income 2016: $10,6702016Revenue 2017: $152,437Expenses 2017: $169,984Net Income 2017: -$17,5472017Revenue 2018: $174,275Expenses 2018: $166,203Net Income 2018: $8,0722018Revenue 2019: $173,677Expenses 2019: $158,457Net Income 2019: $15,2202019Revenue 2020: $173,755Expenses 2020: $160,388Net Income 2020: $13,3672020Revenue 2021: $130,427Expenses 2021: $145,473Net Income 2021: -$15,0462021Revenue 2022: $288,099Expenses 2022: $161,780Net Income 2022: $126,3192022Revenue 2023: $193,594Expenses 2023: $210,306Net Income 2023: -$16,7122023Revenue 2024: $209,161Expenses 2024: $275,133Net Income 2024: -$65,9722024Revenue 2025: $657,398Expenses 2025: $213,126Net Income 2025: $444,2722025

Highlighted filing

2025

Revenue$657,398
Expenses$213,126
Net Income$444,272
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,579,599
Liabilities
$657
Net assets
$1,578,942
Revenue
$657,398
Expenses
$213,126
Net income
$444,272
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.00$1.58$0.66$0.21$0.44
2024Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$0.21$0.28$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.15$0.19$0.21$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.29$0.16$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.02$1.07$0.13$0.15$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.02$1.02$0.17$0.16$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.17$0.16$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$0.17$0.17$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.00$0.98$0.15$0.17$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.17$0.16$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.17$0.17$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.15$0.17$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$0.16
2012Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.16$0.15$0.01
2011Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.20$0.17$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$661,913
Mission and Program Overview

Mission

The museum is established to promote and maintain a historical museum in alamance county, north carolina. The purpose of the museum is to collect, display and preserve records, relics, and other objects which contribute to an understanding of an appreciation for the historical developments and the heritage of alamance county and the surrounding area. Its current programs include visitor and group tours and technical assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$244,065$415,220▲ $171,155
Cash and Non-Interest-Bearing Accounts$77,114$372,357▲ $295,243
Land, Buildings, and Equipment, Net$262,065$258,910▼ $3,155
Savings and Temporary Cash Investments$10,788$10,788→ $0
Inventories for Sale or Use$1,495$2,629▲ $1,134
Total Assets$1,109,202$1,579,599▲ $470,397
Other Assets Total$513,675$519,695▲ $6,020
Liabilities
Accounts Payable and Accrued Expenses$48$657▲ $609
Total Liabilities$48$657▲ $609
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$836,986$1,299,981▲ $462,995
Net Assets With Donor Restrictions$272,168$278,961▲ $6,793
Total Net Assets Fund Balance$1,109,154$1,578,942▲ $469,788
Total Liabilities and Net Assets / Fund Balance$1,109,202$1,579,599▲ $470,397

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$230,471$139,137$369,608
Other Land Buildings$1,958$75,374$77,332
Land$22,503-$22,503
Equipment$3,978$5,334$9,312
Investment Program Related Org$415,220--
Other Assets Org$46,056--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$244,064$150,000▲ $34,027-$415,219
2023$228,671-▲ $27,311-$244,064
2022$217,409-▲ $22,949-$228,671
2021$260,828-▼ $31,854-$217,409
2020$206,006-▲ $65,988-$260,828
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William VincentExecutive DirectorPT$50,151$3,799$53,950

Board Members and Trustees

NameTitle
Frances BarnesPresident
David SellersVice President
Anne GantBoard of Directors
Anne HoganBoard of Directors
Barbara AltizerBoard of Directors
Beth KelleyBoard of Directors
Billy SwainBoard of Directors
Emma MaggiBoard of Directors
Holt SkinnerBoard of Directors
Janice DavisBoard of Directors
Jim WootenBoard of Directors
Julie MonroeBoard of Directors
Kay NorrisBoard of Directors
Lavane HermanBoard of Directors
Lynne TaylorBoard of Directors
Martha WolffBoard of Directors
Mary SpeightBoard of Directors
Susan RyanBoard of Directors
Tom SteeleBoard of Directors
Vickie WhitakerBoard of Directors
Sue BuckleyAssistant Secretary
Bennie CatoeSecretary
Chandler CoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$593,024
Program Service Revenue
$40,995
Investment Income
$12,761
Other Revenue
$10,618
All Other Contributions
$474,934
Change in Net Assets
$444,272

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Historical Artifacts14$6,020Appraised Value
Total Noncash Contributions14$6,020-

Audited Revenue Reconciliation

Revenue per Audited Statements
$634,114
Revenue Not Reported on Financial Statements
$23,284
Revenue Not Reported on Form 990
$25,516
Other Revenue Adjustments
$19,633
Total Revenue per Audited Statements
$659,630
Total Revenue per Form 990
$657,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$115,743
Other Expenses$97,383
Total Fundraising Expense$9,576
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,973$15,674$4,261$56,908
Other Salaries and Wages$33,263$13,914$3,707$50,884
Insurance$14,146$3,537-$17,683
Fees for Services Accounting-$8,150-$8,150
Payroll Taxes$5,199$2,173$579$7,951
Office Expenses$2,845$3,698$474$7,017
Occupancy$5,196$1,299-$6,495
Travel$2,799$1,400$466$4,665
Fees for Service Investment Mgmnt Fees-$3,651-$3,651
Depreciation Depletion$2,523$631-$3,154
Other Expenses$1,221$50-$1,271
All Other Expenses$401$200$67$668
Information Technology$132$66$22$220
Total Functional Expenses$145,009$58,541$9,576$213,126

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$213,126
Expenses per Audited Statements$189,843
Total Expenses per Audited Statements$189,843
Expenses Not Reported on Financial Statements$23,283
Other Expense Adjustments$19,632
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,611
Fundraising Direct Expenses$3,861
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following business relationships exist for officers or directors: bennie catoe has a family relationship with william vincent, the executive director. Frances barnes is on the board of the agency which administers the endowment fund of the museum.”

Form 990, Part VI, Section B, Line 11B

“Tax return is reviewed with the executive director before it is filed. It is made available at the board meeting for board members to review before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest statements are reviewed and signed each year by board members.”

Form 990, Part VI, Section C, Line 19

“The organization keeps its documents on location at the museum. They are available upon request.”

Filing and Contact Details

Filer

Filer Name
Alamance County Historical Museum Inc
EIN
51-0163093
Phone
3362268254
Address
4777 S NC 62, BURLINGTON, NC 27215

Signing Officer

Name
William M Vincent
Title
Director
Phone
3362268254
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William M Vincent
Formed
1976
Legal Domicile
Nc
Voting Board Members
23
Independent Board Members
23
Employees
4
Volunteers
24

Preparer

Firm
Gilliam Bell Moser Llp
Address
POST OFFICE BOX 621, BURLINGTON, NC 27216-0621
Preparer
Brett D Davidson
Phone
3362276283
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

“The museum holds items of historical significance related to alamance county, north carolina. The museum is established to promote and maintain a historical museum in alamance county, north carolina.”

PART V, LINE 4:

“To support the museum's mission while preserving as much of the principal of the fund as possible.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Educational events expense net of revenue on financials 19,632. Rounding 1.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Educational events expense net of revenue on financials 19,632.”

Raw XML AppendixShowing 400 of 627 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0THE MUSEUM IS ESTABLISHED TO PROMOTE AND MAINTAIN A HISTORICAL MUSEUM IN ALAMANCE COUNTY, NORTH CAROLINA. THE PURPOSE OF THE MUSEUM IS TO COLLECT, DISPLAY AND PRESERVE RECORDS, RELICS, AND OTHER OBJECTS WHICH CONTRIBUTE TO AN UNDERSTANDING OF AN APPRECIATION FOR THE HISTORICAL DEVELOPMENTS AND THE HERITAGE OF ALAMANCE COUNTY AND THE SURROUNDING AREA. ITS CURRENT PROGRAMS INCLUDE VISITOR AND GROUP TOURS AND TECHNICAL ASSISTANCE.
IRS990/AllOtherContributionsAmt0474934
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLIAM M VINCENT
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IRS990/Desc0MUSEUM VISITORS INCLUDED: 15,000 INDIVIDUALS, 1 PRIVATE GROUP EVENT, 19 SCHOOL GROUPS, 6 BOOK & GARDEN CLUBS, 8 SENIOR GROUPS & 5 CIVIC GROUP
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IRS990/Form990PartVIISectionAGrp/PersonNm21TOM STEELE
IRS990/Form990PartVIISectionAGrp/PersonNm22KAY NORRIS
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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD OF DIRECTORS
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IRS990/MissionDesc0THE MUSEUM IS ESTABLISHED TO PROMOTE AND MAINTAIN A HISTORICAL MUSEUM IN ALAMANCE COUNTY, NORTH CAROLINA. THE PURPOSE OF THE MUSEUM IS TO COLLECT, DISPLAY AND PRESERVE RECORDS, RELICS, AND OTHER OBJECTS WHICH CONTRIBUTE TO AN UNDERSTANDING OF AN APPRECIATION FOR THE HISTORICAL DEVELOPMENTS AND THE HERITAGE OF ALAMANCE COUNTY AND THE SURROUNDING AREA. ITS CURRENT PROGRAMS INCLUDE VISITOR AND GROUP TOURS AND TECHNICAL ASSISTANCE.
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