Civic Intelligence

Museum of the Albemarle Inc

EIN 56-6065293 • 501(c)3 • Elizabeth City, NC

Profile

To promote the historic albemarle region.

501 S Water StreetElizabeth City, NC 27909

www.museumofthealbemarle.com

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

44%

Higher net margin than 84% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

47th percentile

1.8%

Faster asset growth than 47% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

109%

Faster revenue growth than 86% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$2,581,680

Up $46,457 (+1.8%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,581,680

Up $46,457 (+1.8%) from 2023

Operations
Liabilities / Revenue18th percentileNet Margin84th percentile

Revenue

Up

$287,963

Up $150,433 (+109%) from 2023

Expenses

Up

$160,355

Up $34,575 (+27%) from 2023

Net Income

Up

$127,608

Up $115,858 (+986%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,152,793Liabilities 2011: $0Net Assets 2011: $2,152,7932011Assets 2012: $2,186,017Liabilities 2012: $0Net Assets 2012: $2,186,0172012Assets 2013: $2,188,824Liabilities 2013: $0Net Assets 2013: $2,188,8242013Assets 2014: $2,158,059Liabilities 2014: $0Net Assets 2014: $2,158,0592014Assets 2015: $2,074,017Liabilities 2015: $0Net Assets 2015: $2,074,0172015Assets 2016: $2,150,456Liabilities 2016: $0Net Assets 2016: $2,150,4562016Assets 2017: $2,283,068Liabilities 2017: $0Net Assets 2017: $2,283,0682017Assets 2018: $2,093,187Liabilities 2018: $0Net Assets 2018: $2,093,1872018Assets 2019: $2,347,697Liabilities 2019: $0Net Assets 2019: $2,347,6972019Assets 2020: $2,349,547Liabilities 2020: $0Net Assets 2020: $2,349,5472020Assets 2021: $2,640,447Liabilities 2021: $0Net Assets 2021: $2,640,4472021Assets 2022: $2,502,923Liabilities 2022: $0Net Assets 2022: $2,502,9232022Assets 2023: $2,535,223Liabilities 2023: $0Net Assets 2023: $2,535,2232023Assets 2024: $2,581,680Liabilities 2024: $0Net Assets 2024: $2,581,6802024

Highlighted filing

2024

Assets$2,581,680
Liabilities$0
Net Assets$2,581,680
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $88,213Expenses 2011: $61,871Net Income 2011: $26,3422011Revenue 2012: $88,203Expenses 2012: $77,610Net Income 2012: $10,5932012Revenue 2013: $78,428Expenses 2013: $143,455Net Income 2013: -$65,0272013Revenue 2014: $105,087Expenses 2014: $109,654Net Income 2014: -$4,5672014Revenue 2015: $94,801Expenses 2015: $128,450Net Income 2015: -$33,6492015Revenue 2016: $120,544Expenses 2016: $157,491Net Income 2016: -$36,9472016Revenue 2017: $229,236Expenses 2017: $163,992Net Income 2017: $65,2442017Revenue 2018: $172,623Expenses 2018: $168,111Net Income 2018: $4,5122018Revenue 2019: $152,278Expenses 2019: $145,285Net Income 2019: $6,9932019Revenue 2020: $69,206Expenses 2020: $98,224Net Income 2020: -$29,0182020Revenue 2021: $231,327Expenses 2021: $109,480Net Income 2021: $121,8472021Revenue 2022: $193,430Expenses 2022: $172,642Net Income 2022: $20,7882022Revenue 2023: $137,530Expenses 2023: $125,780Net Income 2023: $11,7502023Revenue 2024: $287,963Expenses 2024: $160,355Net Income 2024: $127,6082024

Highlighted filing

2024

Revenue$287,963
Expenses$160,355
Net Income$127,608
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,581,680
Liabilities
$0
Net assets
$2,581,680
Revenue
$287,963
Expenses
$160,355
Net income
$127,608
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$0.29$0.16$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.00$2.54$0.14$0.13$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.00$2.50$0.19$0.17$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.00$2.64$0.23$0.11$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.00$2.35$0.07$0.10$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.00$2.35$0.15$0.15$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.00$2.09$0.17$0.17$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.00$2.28$0.23$0.16$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.00$2.15$0.12$0.16$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$0.09$0.13$0.03
2014Summary only. Only limited summary data is available for this year.$2.16$0.00$2.16$0.11$0.11$0.00
2013Summary only. Only limited summary data is available for this year.$2.19$0.00$2.19$0.08$0.14$0.07
2012Summary only. Only limited summary data is available for this year.$2.19$0.00$2.19$0.09$0.08$0.01
2011Summary only. Only limited summary data is available for this year.$2.15$0.00$2.15$0.09$0.06$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 25, 2025
Return Version
2024v5.0
Gross Receipts
$287,963
Mission and Program Overview

Mission

To promote the historic albemarle region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,608,564$1,678,348▲ $69,784
Savings and Temporary Cash Investments$764,516$767,989▲ $3,473
Land, Buildings, and Equipment, Net$146,565$119,765▼ $26,800
Total Assets$2,535,223$2,581,680▲ $46,457
Other Assets Total$15,578$15,578→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,535,223$2,581,680▲ $46,457
Total Net Assets Fund Balance$2,535,223$2,581,680▲ $46,457
Total Liabilities and Net Assets / Fund Balance$2,535,223$2,581,680▲ $46,457

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$77,765$614,892$692,657
Land$42,000-$42,000
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Elaine GodwinPresident
Bernetta BrownDirector
Chip LewinDirector
Chris BarberDirector
Clare BaumDirector
David CleggDirector
David HarrisDirector
Doris HawkinsDirector
Ella Fields BunchDirector
George ThomasDirector
Geraldine LangfordDirector
Johny HallowDirector
Joyce BuffaloeDirector
Katherine WassinkDirector
Mark LayDirector
Mark PardueDirector
Melinda Del GarbinoDirector
Nicole OutlawDirector
Richard PhillipsDirector
Sally Frances KehayesDirector
Savannah WinslowDirector
Barbara PutnamEx Officio
Diane NordstromSecretary
Jude RobertsTreasurer
Kim BaumbaughVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$32,320
Program Service Revenue
$1,310
Investment Income
$225,130
Other Revenue
$29,203
All Other Contributions
$25,420
Change in Net Assets
$127,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$160,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$26,800--$26,800
Advertising$25,976--$25,976
Fees for Service Investment Mgmnt Fees-$15,355-$15,355
Office Expenses$14,260--$14,260
All Other Expenses$9,376$3,679-$13,055
Other Expenses$3,682$4,889-$4,889
Fees for Services Accounting-$3,025-$3,025
Conferences and Meetings$60$2,906-$2,966
Occupancy$2,768--$2,768
Insurance$2,295--$2,295
Fees for Services Other-$420-$420
Travel$135--$135
Total Functional Expenses$126,399$33,956$0$160,355
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Museum of the Albemarle Inc
EIN
56-6065293
Phone
2523351453
Address
501 S WATER STREET, ELIZABETH CITY, NC 27909
Doing Business As
Museum of the Albemarle Inc

Signing Officer

Name
Jude Roberts
Title
Treasurer
Phone
2523303535
Signed
2025-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elaine Godwin
Voting Board Members
25
Independent Board Members
24
Employees
0

Preparer

Firm
Gregory & Associates Cpas Pc
Address
1082 HARVEY POINT RD, HERTFORD, NC 27944
Preparer
Tammi Proctor
Phone
2524269200
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Educational, cultural-providing tours of the museum to promote the history of our region. There are also special exhibits for the public and workshops provided. The newsletters promote the activities offered at the museum and special occasions upcoming.”

Raw XML AppendixShowing 400 of 464 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE THE HISTORIC ALBEMARLE REGION.
IRS990/AdvertisingGrp/ProgramServicesAmt025976
IRS990/AdvertisingGrp/TotalAmt025976
IRS990/AllOtherContributionsAmt025420
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03679
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09376
IRS990/AllOtherExpensesGrp/TotalAmt013055
IRS990/BooksInCareOfDetail/PersonNm0JUDE ROBERTS
IRS990/BooksInCareOfDetail/PhoneNum02523351453
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0501 S WATER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0ELIZABETH CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027909
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IRS990/ConferencesMeetingsGrp/ProgramServicesAmt060
IRS990/ConferencesMeetingsGrp/TotalAmt02966
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
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IRS990/CYContributionsGrantsAmt032320
IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0287963
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt026800
IRS990/DepreciationDepletionGrp/TotalAmt026800
IRS990/Desc0EDUCATIONAL, CULTURAL-PROVIDING TOURS OF THE MUSEUM TO PROMOTE THE HISTORY OF OUR REGION. THERE ARE ALSO SPECIAL EXHIBITS FOR THE PUBLIC AND WORKSHOPS PROVIDED. THE NEWSLETTERS PROMOTE THE ACTIVITIES OFFERED AT THE MUSEUM AND SPECIAL OCCASIONS UPCOMING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
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IRS990/DoingBusinessAsName/BusinessNameLine1Txt0MUSEUM OF THE ALBEMARLE INC
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
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IRS990/ExpenseAmt052772
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IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
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IRS990/OtherExpensesGrp/Desc2SUBSCRIPTION FEES
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0119765
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL, CULTURAL-PROVIDING TOURS OF THE MUSEUM TO PROMOTE THE HISTORY OF OUR REGION. THERE ARE ALSO SPECIAL EXHIBITS FOR THE PUBLIC AND WORKSHOPS PROVIDED. THE NEWSLETTERS PROMOTE THE ACTIVITIES OFFERED AT THE MUSEUM AND SPECIAL OCCASIONS UPCOMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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