Civic Intelligence

Reynolda House Inc.

990 • Fiscal year 2016 • EIN 56-0810676

Jul 01, 2015 to Jun 30, 2016 • Filed on May 02, 2017

PO Box 7287Winstonsalem, NC 27109-7287

(336) 758-5150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.02x

Higher debt load relative to assets than 13% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

0.28x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

5th percentile

-62%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

100th percentile

$4,229,027

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 150.7% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

21st percentile

-3.4%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$43,971,570

Down $1,568,164 (-3.4%) from 2015

Net Assets

Down

$43,199,601

Down $1,857,006 (-4.1%) from 2015

Liabilities

Up

$771,969

Up $288,842 (+60%) from 2015

Revenue

Down

$2,807,113

Down $1,981,200 (-41%) from 2015

Expenses

Up

$4,537,012

Up $318,654 (+7.6%) from 2015

Net Income

Down

-$1,729,899

Down $2,299,854 (-404%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $42,887,690Liabilities 2010: $557,569Net Assets 2010: $42,330,1212010Assets 2011: $44,756,120Liabilities 2011: $464,958Net Assets 2011: $44,291,1622011Assets 2012: $42,456,134Liabilities 2012: $522,483Net Assets 2012: $41,933,6512012Assets 2013: $43,660,470Liabilities 2013: $600,362Net Assets 2013: $43,060,1082013Assets 2014: $46,644,240Liabilities 2014: $585,306Net Assets 2014: $46,058,9342014Assets 2015: $45,539,734Liabilities 2015: $483,127Net Assets 2015: $45,056,6072015Assets 2016: $43,971,570Liabilities 2016: $771,969Net Assets 2016: $43,199,6012016Assets 2017: $44,796,335Liabilities 2017: $1,076,671Net Assets 2017: $43,719,6642017Assets 2018: $43,775,758Liabilities 2018: $636,266Net Assets 2018: $43,139,4922018Assets 2019: $42,611,845Liabilities 2019: $514,890Net Assets 2019: $42,096,9552019Assets 2020: $41,896,751Liabilities 2020: $374,783Net Assets 2020: $41,521,9682020Assets 2021: $49,226,274Liabilities 2021: $421,888Net Assets 2021: $48,804,3862021Assets 2022: $50,422,705Liabilities 2022: $2,694,759Net Assets 2022: $47,727,9462022Assets 2023: $50,320,073Liabilities 2023: $2,775,384Net Assets 2023: $47,544,6892023Assets 2024: $51,535,343Liabilities 2024: $2,977,516Net Assets 2024: $48,557,8272024

Highlighted filing

2016

Assets$43,971,570
Liabilities$771,969
Net Assets$43,199,601

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,961,5222010Expenses 2011: $3,990,2292011Expenses 2012: $4,190,2712012Expenses 2013: $4,430,0242013Revenue 2014: $6,022,447Expenses 2014: $4,409,076Net Income 2014: $1,613,3712014Revenue 2015: $4,788,313Expenses 2015: $4,218,358Net Income 2015: $569,9552015Revenue 2016: $2,807,113Expenses 2016: $4,537,012Net Income 2016: -$1,729,8992016Revenue 2017: $5,237,507Expenses 2017: $4,647,945Net Income 2017: $589,5622017Revenue 2018: $5,022,733Expenses 2018: $5,611,494Net Income 2018: -$588,7612018Revenue 2019: $3,590,551Expenses 2019: $4,630,429Net Income 2019: -$1,039,8782019Revenue 2020: $3,493,024Expenses 2020: $4,406,283Net Income 2020: -$913,2592020Revenue 2021: $4,689,357Expenses 2021: $4,351,518Net Income 2021: $337,8392021Revenue 2022: $4,974,848Expenses 2022: $5,022,484Net Income 2022: -$47,6362022Revenue 2023: $4,119,794Expenses 2023: $5,091,234Net Income 2023: -$971,4402023Revenue 2024: $4,748,579Expenses 2024: $5,315,561Net Income 2024: -$566,9822024

Highlighted filing

2016

Revenue$2,807,113
Expenses$4,537,012
Net Income-$1,729,899
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 2, 2017
Return Version
2015v3.0
Gross Receipts
$2,975,943
Mission and Program Overview

Mission

Reynolda house preserves and interprets an american country home and a premier collection of american art. Through innovative public programs and exhibitions, the museum offers a deeper understanding of american culture to diverse audiences.

Reynolda house operates as a museum dedicated to the preservation and interpretation of an american country home and a premier collection of american art. Through its mission of providing innovative public programs and exhibitions, the museum offers a deeper understanding of american culture to diverse audiences and inspires those who experience reynolda house to learn, imagine, and find meaning in the art collections and historic site.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$31,066,875$29,811,580▼ $1,255,295
Land, Buildings, and Equipment, Net$11,307,221$11,181,152▼ $126,069
Savings and Temporary Cash Investments$1,511,571$2,075,912▲ $564,341
Pledges and Grants Receivable$1,484,916$745,255▼ $739,661
Inventories for Sale or Use$73,917$81,639▲ $7,722
Prepaid Expenses and Deferred Charges$52,593$37,220▼ $15,373
Accounts Receivable$13,071$10,076▼ $2,995
Cash and Non-Interest-Bearing Accounts$4,853$2,896▼ $1,957
Total Assets$45,539,734$43,971,570▼ $1,568,164
Other Assets Total$24,717$25,840▲ $1,123
Liabilities
Deferred Revenue$108,634$319,484▲ $210,850
Accounts Payable and Accrued Expenses$165,214$243,766▲ $78,552
Other Liabilities$209,279$208,719▼ $560
Total Liabilities$483,127$771,969▲ $288,842
Net Assets / Fund Balance
Unrestricted Net Assets$34,973,364$33,693,638▼ $1,279,726
Permanently Rstr Net Assets$8,720,026$8,826,773▲ $106,747
Temporarily Rstr Net Assets$1,363,217$679,190▼ $684,027
Total Net Assets Fund Balance$45,056,607$43,199,601▼ $1,857,006
Total Liabilities and Net Assets / Fund Balance$45,539,734$43,971,570▼ $1,568,164

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,459,507$5,692,157$15,151,664
Equipment$169,619$1,624,202$1,793,821
Land$1,122,000-$1,122,000
Other Land Buildings$430,026$3,614$433,640
Other Securities$29,309,657--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$31,066,875$610,206▲ $151,820$1,718,350$29,811,580
2014$31,301,743$813,398▲ $901,926$1,657,189$31,066,875
2013$29,783,282$5,102▲ $3,535,796$1,609,123$31,301,743
2012$29,330,283-▲ $2,448,039$1,689,160$29,783,282
2011$30,618,107-▲ $423,684$1,440,567$29,330,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Allison C PerkinsExecutive DirectorFT$201,253$56,044$257,297

Board Members and Trustees

NameTitle
Vincent R CimminoDocent Chair, Ex-officio
Barbara B MillhouseFounding President / Director
Dianne N BlixtPresident / Director
Nathan O HatchPresident of Wake Forest U
John W Davis IiiPresident-elect / Director
Beverly C JenningsDirector
Bruce M BabcockDirector
Cristin TierneyDirector
David G TownsendDirector
E Greer CawoodDirector
Grace M BroughtonDirector
Gwynne S TaylorDirector
Joia M JohnsonDirector
Lloyd P Tate JrDirector
M Melinda McconnellDirector
Mary Craig TennilleDirector
Nancy T PleasantsDirector
Noel L DunnDirector
Patricia a BrownDirector
Sue L HendersonDirector
Susan W MannDirector
T David NeillDirector
Wallace C WuDirector
John W HoemannSecretary / Director
Mcdara P Folan IiiTreasurer / Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Frank L Blum Construction CompanyPool Restoration - General Contractor830 NE 25TH STREET, Winstonsalem, NC 27105$103,363
Revenue and Support

Revenue Composition

Contributions and Grants
$2,040,572
Program Service Revenue
$447,638
Investment Income
$279,528
Other Revenue
$39,375
All Other Contributions
$944,709
Change in Net Assets
$-1,729,899

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded11$90,264Fair Market Value (FMV)
Other Non Cash Contri Table1$150Fair Market Value (FMV)
Total Noncash Contributions12$90,414-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,508,142
Revenue Not Reported on Financial Statements
$298,971
Revenue Not Reported on Form 990
$41,723
Total Revenue per Audited Statements
$2,549,865
Total Revenue per Form 990
$2,807,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,344,619
Other Expenses$2,191,553
Total Fundraising Expense$421,952
Grants and Similar Amounts Paid$840
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,261,917$203,473$179,637$1,645,027
Depreciation Depletion$535,547$10,230$7,189$552,966
Occupancy$363,370$11,119$4,877$379,366
Fees for Service Investment Mgmnt Fees-$298,971-$298,971
Current Officers, Directors, Trustees, and Key Employees$26,680$133,402$106,722$266,804
Fees for Services Other$176,238$1,543$4,815$182,596
Other Employee Benefits$112,800$21,040$19,896$153,736
Payroll Taxes$100,241$23,964$20,489$144,694
Advertising$133,592-$1,122$134,714
Pension Plan Contributions$98,084$19,297$16,977$134,358
Office Expenses$57,625$7,747$22,407$87,779
Information Technology$60,701$6,084$8,588$75,373
Conferences and Meetings$22,240$16,774$11,989$51,003
Travel$22,354$4,759$12,632$39,745
All Other Expenses$34,389$2,738$2,345$39,472
Insurance$37,152$194$136$37,482
Fees for Services Accounting-$16,030-$16,030
Other Expenses$15,373$12,379$795$15,373
Fees for Services Legal-$13,766-$13,766
Grants to Domestic Individuals$840--$840
Royalties$638--$638
Total Functional Expenses$3,309,609$805,451$421,952$4,537,012

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,537,012
Total Expenses per Audited Statements$4,406,871
Expenses per Audited Statements$4,238,041
Expenses Not Reported on Financial Statements$298,971
Expenses Not Reported on Form 990$168,830
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$83,441
Fundraising Gross Income$49,915
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
See Part Iv$150,201$49,915$15,698$34,217
Total Events$150,201$49,915$83,441$-33,526
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amount Due to Affiliate$208,719
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Wake forest university is the sole member of reynolda house, inc. Wake forest university has the right, as the sole member, to elect members of the governing body, to vote on actions, and approve provisions of the bylaws based on article ii of the bylaws of reynolda house, inc.

Form 990, Part VI, Section A, Line 7A

Wake forest university is the sole member of reynolda house, inc. And elects its directors per the articles of amendment of reynolda house, inc. Dated january 24th, 2002 and bylaws dated april 1, 2008 and affiliation agreement between wake forest university and the filing organization dated january 15, 2002.

Form 990, Part VI, Section A, Line 7B

Wake forest university, a related organization, has the right to approve or ratify decisions of the filing organization's governing body, such as approval of the governing body's election or removal of members of the governing body. Neither the articles of incorporation nor the by-laws of filing organization may be amended without the written approval of the wake forest university board of trustees.

Form 990, Part VI, Section B, Line 11

The federal form 990, return of organization exempt from income tax, is reviewed and approved by the filing organization's finance committee. The final 990 is available and emailed to all board directors once approved by the finance committee and before it is submitted to the irs.

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

The organization requires officers, directors, key employees, and museum department heads to annually review the organization's conflicts of interest policy and disclose annually (and as they arise) any potential conflicts of interest. The policy provides a process for the determination of conflicts of interest and the resolution of potential and actual conflicts.

Form 990, Part VI, Section B, Line 15

The executive evaluation and compensation committee, who are independent members of the board, reviews the association of art museum directors most recent compensation survey to recommend the appropriate salary range and benefits package for the executive director position for approval by the executive committee and then for approval by the full board at the june meeting. The executive evaluation and compensation committee ensures well-defined processes are in place for determining competitive and reasonable compensation for the executive director and other key employees of the filing organization. At the present time, the only position that needs compensation evaluated by the committee is the executive director position.

Form 990, Part VI, Section C, Line 19

The organization's articles of incorporation are available to the public on request and are available on the website of the north carolina secretary of state. The organization's bylaws are not published, but provisions from the bylaws are included as necessary in the organization's policies. The organization's conflicts of interest policy is available to the public on request. The organization's financial statements are available on the organization's website.

Form 990, Part VII, Section A, Column B - Hours

Nathan o. Hatch filing org 0.5 related org 31.8 unrelated org 7.7

FORM 990, PART VII, SECTION A, COLUMN F:

The organization, in a full transparency posture to reporting, is reporting all benefits in full in column f, part vii and is not applying the $10,000 per item exception for certain benefits.

Filing and Contact Details

Filer

Filer Name
Reynolda House Inc
EIN
56-0810676
Phone
3367585150
Address
PO BOX 7287, WINSTONSALEM, NC 27109-7287
Doing Business As
See Schedule O

Signing Officer

Name
T David Neill
Title
Treasurer
Phone
3367585150
Signed
2017-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allison C Perkins
Formed
1964
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
83
Volunteers
217

Preparer

Firm
Butler & Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight/selection process has not changed from the prior year.

FORM 990, PAGE 1, LINE C:

Doing business as: reynolda house museum of american art

FORM 990, PART IV, LINE 12B & PART XII, LINE 2B:

The filing organization is included in the consolidated audited financial statements of wake forest university, a related (parent) organization.

Financial Statement Notes

PART III, LINE 1A:

Reynolda house has various works of art and historical treasures (approximately 4,250 items), which include the original reynolda house (approximately 30,000 square feet) and its contents, as well as paintings and other items subsequently acquired. In accordance with accounting for contributions, an entity need not recognize such items in its financial statements if the items are added to collections held for public exhibition, education, or research in furtherance of public service rather than financial gain. If purchased, the collection items are expensed, and if donated, they are not reflected in the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The works of art and historical treasures are subject to a policy that requires proceeds from their sales to be used to acquire other works of art and historical treasures. Reynolda house's paintings are cataloged for educational, research, scientific, and curatorial purposes, and activities verifying their existence and assessing their condition are performed on an ongoing basis. There were no proceeds from sale of collection items or proceeds from insurance recoveries of collection items and there were no purchases or donations of collection items in fiscal year 2016 or 2015.

PART III, LINE 4:

Reynolda house is renowned for its collection of american art. In the mid 1960s the founding directors set out to obtain the best examples of work from american artists of major significance. Today, masterpieces from three centuries of painting and sculpture make up the collection, including works by such distinguished artists as albert bierstadt, mary cassatt, frederic church, john singleton copley, thomas eakins, jacob lawrence, georgia o'keeffe, and grant wood. The collection is extraordinary for its quality and provides audiences with a thorough survey of major developments in american art in a warm and welcoming setting.

PART V, LINE 4:

The museum's endowment includes both donor-restricted endowment funds and funds designated by the board of directors to function as endowments. Net assets associated with endowment funds, including funds designated by the board of directors to function as endowments, are used to support the museum's mission.

PART X, LINE 2:

Reynolda house is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the "code") and is generally exempt from federal income taxes on related income pursuant to section 501(a) of the code. Accordingly, no provision for income taxes is recorded in the financial statements. If applicable, unrelated business income is reported on irs form 990-t. Fiscal years ending on or after june 30, 2013 remain subject to income tax examinations. Management evaluated reynolda house's tax positions and concluded that reynolda house had taken no uncertain tax positions that require adjustment to the financial statements as of june 30, 2016 and 2015.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 83,441. Cost of goods sold 85,389.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 83,441. Cost of goods sold 85,389.

Raw XML AppendixShowing 400 of 914 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.

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IRS990/ActivityOrMissionDesc0REYNOLDA HOUSE OPERATES AS A MUSEUM DEDICATED TO THE PRESERVATION AND INTERPRETATION OF AN AMERICAN COUNTRY HOME AND A PREMIER COLLECTION OF AMERICAN ART. THROUGH ITS MISSION OF PROVIDING INNOVATIVE PUBLIC PROGRAMS AND EXHIBITIONS, THE MUSEUM OFFERS A DEEPER UNDERSTANDING OF AMERICAN CULTURE TO DIVERSE AUDIENCES AND INSPIRES THOSE WHO EXPERIENCE REYNOLDA HOUSE TO LEARN, IMAGINE, AND FIND MEANING IN THE ART COLLECTIONS AND HISTORIC SITE.
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IRS990/Desc0OPERATION OF A HISTORIC HOUSE AND AMERICAN ART MUSEUM, INCLUDING INTERPRETATION, PRESERVATION, AND EDUCATION. THE MUSEUM OFFERS CHANGING EXHIBITIONS IN ITS 2,789 SQUARE FOOT EXHIBITION GALLERY. EDUCATION PROGRAMS INCLUDE LECTURES, TOURS, PLAYS, COURSES, GALLERY TALKS, SYMPOSIA, SUMMER CAMPS, ETC. THE MUSEUM HOSTED APPROXIMATELY 55,400 VISITORS DURING THE YEAR.
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IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0298971
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IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt24287707
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2561133
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANNE N BLIXT
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN W DAVIS III
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN W HOEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm3MCDARA P FOLAN III
IRS990/Form990PartVIISectionAGrp/PersonNm4BARBARA B MILLHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm5BRUCE M BABCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm6GRACE M BROUGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICIA A BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm8E GREER CAWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm9NOEL L DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm10SUE L HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm11BEVERLY C JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm12JOIA M JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSAN W MANN
IRS990/Form990PartVIISectionAGrp/PersonNm14M MELINDA MCCONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm15T DAVID NEILL
IRS990/Form990PartVIISectionAGrp/PersonNm16NANCY T PLEASANTS
IRS990/Form990PartVIISectionAGrp/PersonNm17LLOYD P TATE JR
IRS990/Form990PartVIISectionAGrp/PersonNm18GWYNNE S TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm19MARY CRAIG TENNILLE
IRS990/Form990PartVIISectionAGrp/PersonNm20CRISTIN TIERNEY
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVID G TOWNSEND
IRS990/Form990PartVIISectionAGrp/PersonNm22WALLACE C WU
IRS990/Form990PartVIISectionAGrp/PersonNm23VINCENT R CIMMINO
IRS990/Form990PartVIISectionAGrp/PersonNm24NATHAN O HATCH
IRS990/Form990PartVIISectionAGrp/PersonNm25ALLISON C PERKINS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt243941320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2511652
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT-ELECT / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4FOUNDING PRESIDENT / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DOCENT CHAIR, EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt24PRESIDENT OF WAKE FOREST U
IRS990/Form990PartVIISectionAGrp/TitleTxt25EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0100286
IRS990/FundraisingDirectExpensesAmt083441
IRS990/FundraisingGrossIncomeAmt049915
IRS990/GainOrLossGrp/SecuritiesAmt0266941
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GovernmentGrantsAmt06500
IRS990/GrantAmt0840
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0840
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0840
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0266941
IRS990/GrossReceiptsAmt02975943
IRS990/GrossSalesOfInventoryAmt0155394
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt08588
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06084
IRS990/InformationTechnologyGrp/ProgramServicesAmt060701
IRS990/InformationTechnologyGrp/TotalAmt075373
IRS990/InsuranceGrp/FundraisingAmt0136
IRS990/InsuranceGrp/ManagementAndGeneralAmt0194
IRS990/InsuranceGrp/ProgramServicesAmt037152
IRS990/InsuranceGrp/TotalAmt037482
IRS990/InventoriesForSaleOrUseGrp/BOYAmt073917
IRS990/InventoriesForSaleOrUseGrp/EOYAmt081639
IRS990/InvestmentIncomeGrp/ExclusionAmt012587
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012587
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt031066875
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt029811580
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07319973
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011307221
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011181152
IRS990/LandBldgEquipCostOrOtherBssAmt018501125
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0534077
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0REYNOLDA HOUSE PRESERVES AND INTERPRETS AN AMERICAN COUNTRY HOME AND A PREMIER COLLECTION OF AMERICAN ART. THROUGH INNOVATIVE PUBLIC PROGRAMS AND EXHIBITIONS, THE MUSEUM OFFERS A DEEPER UNDERSTANDING OF AMERICAN CULTURE TO DIVERSE AUDIENCES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt045056607
IRS990/NetAssetsOrFundBalancesEOYAmt043199601
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0217890
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0266941
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt049051
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-33526
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-33526
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt070005
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt070005
IRS990/NetUnrelatedBusTxblIncmAmt027626
IRS990/NetUnrlzdGainsLossesInvstAmt0-127107
IRS990/NoncashContributionsAmt090414
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04877
IRS990/OccupancyGrp/ManagementAndGeneralAmt011119
IRS990/OccupancyGrp/ProgramServicesAmt0363370
IRS990/OccupancyGrp/TotalAmt0379366
IRS990/OfficeExpensesGrp/FundraisingAmt022407
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07747
IRS990/OfficeExpensesGrp/ProgramServicesAmt057625
IRS990/OfficeExpensesGrp/TotalAmt087779
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024717
IRS990/OtherAssetsTotalGrp/EOYAmt025840
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt019896
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021040
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0112800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0153736
IRS990/OtherExpensesGrp/Desc0EQUIPMENT & GENERAL MAI
IRS990/OtherExpensesGrp/Desc1EXHIBITION FEES & EXPEN
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3STORAGE
IRS990/OtherExpensesGrp/FundraisingAmt01336
IRS990/OtherExpensesGrp/FundraisingAmt1795
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01941

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.
2024Detailed filing. Detailed filing data is available for this year.$51.5$2.98$48.6$4.75$5.32$0.57
2023Detailed filing. Detailed filing data is available for this year.$50.3$2.78$47.5$4.12$5.09$0.97
2022Detailed filing. Detailed filing data is available for this year.$50.4$2.69$47.7$4.97$5.02$0.05
2021Detailed filing. Detailed filing data is available for this year.$49.2$0.42$48.8$4.69$4.35$0.34
2020Detailed filing. Detailed filing data is available for this year.$41.9$0.37$41.5$3.49$4.41$0.91
2019Detailed filing. Detailed filing data is available for this year.$42.6$0.51$42.1$3.59$4.63$1.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.8$0.64$43.1$5.02$5.61$0.59
2017Detailed filing. Detailed filing data is available for this year.$44.8$1.08$43.7$5.24$4.65$0.59
2016Detailed filing. Detailed filing data is available for this year.$44.0$0.77$43.2$2.81$4.54$1.73
2015Detailed filing. Detailed filing data is available for this year.$45.5$0.48$45.1$4.79$4.22$0.57
2014Detailed filing. Detailed filing data is available for this year.$46.6$0.59$46.1$6.02$4.41$1.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.7$0.60$43.1$4.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.5$0.52$41.9$4.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.8$0.46$44.3$3.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.9$0.56$42.3$3.96