Civic Intelligence

Georgia Historical Society

EIN 58-0593403 • 501(c)3 • Savannah, GA

Profile

Georgia historical society (ghs) is the premier independent statewide institution responsible for collecting, examining, and teaching georgia history. Ghs houses the oldest and most distinguished collection of materials related exclusively to georgia history in the nation. Founded in 1839, the georgia historical society is the oldest continuously operated historical society in the south.

104 West Gaston StreetSavannah, GA 31401

www.georgiahistory.com

Siviq Scores

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

Liabilities / Assets

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.32x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$461,405

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$35,632,863

Up $3,504,187 (+11%) from 2023

Liabilities

Up

$2,275,315

Up $486,643 (+27%) from 2023

Net Assets

Up

$33,357,548

Up $3,017,544 (+9.9%) from 2023

Revenue

Up

$7,043,105

Up $1,729,234 (+33%) from 2023

Expenses

Up

$4,988,499

Up $877,958 (+21%) from 2023

Net Income

Up

$2,054,606

Up $851,276 (+71%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $13,476,604Liabilities 2011: $2,857,911Net Assets 2011: $10,618,6932011Assets 2012: $13,054,445Liabilities 2012: $1,673,652Net Assets 2012: $11,380,7932012Assets 2013: $14,304,794Liabilities 2013: $1,488,354Net Assets 2013: $12,816,4402013Assets 2014: $15,191,405Liabilities 2014: $1,379,261Net Assets 2014: $13,812,1442014Assets 2015: $14,970,163Liabilities 2015: $1,121,180Net Assets 2015: $13,848,9832015Assets 2016: $15,880,216Liabilities 2016: $976,055Net Assets 2016: $14,904,1612016Assets 2017: $18,227,646Liabilities 2017: $1,417,675Net Assets 2017: $16,809,9712017Assets 2018: $22,190,211Liabilities 2018: $948,844Net Assets 2018: $21,241,3672018Assets 2019: $24,153,267Liabilities 2019: $1,299,185Net Assets 2019: $22,854,0822019Assets 2020: $26,057,444Liabilities 2020: $1,986,163Net Assets 2020: $24,071,2812020Assets 2021: $30,611,121Liabilities 2021: $1,594,019Net Assets 2021: $29,017,1022021Assets 2022: $29,377,196Liabilities 2022: $1,194,959Net Assets 2022: $28,182,2372022Assets 2023: $32,128,676Liabilities 2023: $1,788,672Net Assets 2023: $30,340,0042023Assets 2024: $35,632,863Liabilities 2024: $2,275,315Net Assets 2024: $33,357,5482024

Highlighted filing

2024

Assets$35,632,863
Liabilities$2,275,315
Net Assets$33,357,548

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2011: $5,054,254Expenses 2011: $2,192,482Net Income 2011: $2,861,7722011Revenue 2012: $3,063,866Expenses 2012: $2,242,861Net Income 2012: $821,0052012Expenses 2013: $2,032,9012013Revenue 2014: $2,656,040Expenses 2014: $2,125,192Net Income 2014: $530,8482014Revenue 2015: $2,625,256Expenses 2015: $2,288,778Net Income 2015: $336,4782015Revenue 2016: $3,575,130Expenses 2016: $2,406,970Net Income 2016: $1,168,1602016Revenue 2017: $4,190,840Expenses 2017: $2,525,463Net Income 2017: $1,665,3772017Revenue 2018: $6,788,265Expenses 2018: $2,518,576Net Income 2018: $4,269,6892018Revenue 2019: $4,072,461Expenses 2019: $2,775,524Net Income 2019: $1,296,9372019Revenue 2020: $4,158,284Expenses 2020: $2,864,286Net Income 2020: $1,293,9982020Revenue 2021: $5,575,417Expenses 2021: $2,860,183Net Income 2021: $2,715,2342021Revenue 2022: $4,642,270Expenses 2022: $3,649,995Net Income 2022: $992,2752022Revenue 2023: $5,313,871Expenses 2023: $4,110,541Net Income 2023: $1,203,3302023Revenue 2024: $7,043,105Expenses 2024: $4,988,499Net Income 2024: $2,054,6062024

Highlighted filing

2024

Revenue$7,043,105
Expenses$4,988,499
Net Income$2,054,606

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.6$2.28$33.4$7.04$4.99$2.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$1.79$30.3$5.31$4.11$1.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.4$1.19$28.2$4.64$3.65$0.99
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.6$1.59$29.0$5.58$2.86$2.72
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$1.99$24.1$4.16$2.86$1.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.2$1.30$22.9$4.07$2.78$1.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$0.95$21.2$6.79$2.52$4.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$1.42$16.8$4.19$2.53$1.67
2016Detailed filing. Detailed filing data is available for this year.$15.9$0.98$14.9$3.58$2.41$1.17
2015Detailed filing. Detailed filing data is available for this year.$15.0$1.12$13.8$2.63$2.29$0.34
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$1.38$13.8$2.66$2.13$0.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$1.49$12.8$2.03
2012Summary only. Only limited summary data is available for this year.$13.1$1.67$11.4$3.06$2.24$0.82
2011Summary only. Only limited summary data is available for this year.$13.5$2.86$10.6$5.05$2.19$2.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$7,043,105
Mission and Program Overview

Mission

Georgia historical society (ghs) is the premier independent statewide institution responsible for collecting, examining, and teaching georgia history. Ghs houses the oldest and most distinguished collection of materials related exclusively to georgia history in the nation. Founded in 1839, the georgia historical society is the oldest continuously operated historical society in the south.

See schedule o for complete description.georgia historical society (ghs) is the premier independent statewide institution responsible for collecting, examining, and teaching georgia history. Ghs houses the oldest and most distinguished collection of materials related exclusively to georgia history in the nation. Founded in 1839 with the mission to collect, examine, and teach georgia and american history through education and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,334,323$21,512,397▲ $4,178,074
Land, Buildings, and Equipment, Net$7,673,970$7,473,618▼ $200,352
Savings and Temporary Cash Investments$2,499,498$3,000,923▲ $501,425
Cash and Non-Interest-Bearing Accounts$1,520,209$2,068,481▲ $548,272
Pledges and Grants Receivable$2,686,340$1,250,410▼ $1,435,930
Accounts Receivable$225,019$156,799▼ $68,220
Prepaid Expenses and Deferred Charges$72,256$80,228▲ $7,972
Inventories for Sale or Use$16,167$18,791▲ $2,624
Total Assets$32,128,676$35,632,863▲ $3,504,187
Other Assets Total$100,894$71,216▼ $29,678
Liabilities
Deferred Revenue$1,432,280$1,938,583▲ $506,303
Accounts Payable and Accrued Expenses$254,615$264,063▲ $9,448
Other Liabilities$101,777$72,669▼ $29,108
Total Liabilities$1,788,672$2,275,315▲ $486,643
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,959,952$28,250,614▲ $4,290,662
Net Assets With Donor Restrictions$6,380,052$5,106,934▼ $1,273,118
Total Net Assets Fund Balance$30,340,004$33,357,548▲ $3,017,544
Total Liabilities and Net Assets / Fund Balance$32,128,676$35,632,863▲ $3,504,187

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,357,249$3,016,948$9,374,197
Equipment$261,368$710,500$971,868
Land$855,000-$855,000
Other Land Buildings$1$25,523$25,524

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$17,334,324$2,375,766▲ $2,649,728$785,852$21,512,397
2022$15,799,104$688,500▲ $1,659,357$729,880$17,334,324
2021$16,020,700$1,547,178▼ $1,129,174$621,785$15,799,104
2020$11,874,267$841,500▲ $3,936,665$560,965$16,020,700
2019$12,214,233$322,600▼ $162,779$492,810$11,874,267
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr W Todd GroceCEO and PresidentFT$300,000$161,405$461,405
Laura Garcia-cullerVice President and COOFT$226,923$116,773$343,696
Gregg a DurkinDirector of Finance and AdministrationFT$166,192$17,345$183,537
Gregg a DurkinDirector of Finance and Administrati-$151,692$31,845$183,537
Christy M CrispDirector of Prgms/VP Educ.FT$131,738$13,533$145,271
Stan K DeatonSenior HistorianFT$114,319$25,322$139,641

Highest Paid Contractors

ContractorServicesLocationCompensation
Left Brain RightMarketing Strategy Consulting225 EAST 31ST STREET, Savannah, GA 31401$183,598
Revenue and Support

Revenue Composition

Contributions and Grants
$4,656,337
Program Service Revenue
$382,700
Investment Income
$1,985,762
Other Revenue
$18,306
All Other Contributions
$4,046,731
Change in Net Assets
$2,054,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,391,060
Revenue Not Reported on Financial Statements
$652,045
Revenue Not Reported on Form 990
$962,938
Other Revenue Adjustments
$500,320
Total Revenue per Audited Statements
$7,353,998
Total Revenue per Form 990
$7,043,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,561,580
Other Expenses$2,426,919
Total Fundraising Expense$134,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,111,097$167,153$33,581$1,311,831
Current Officers, Directors, Trustees, and Key Employees$817,199$109,266$30,075$956,540
Fees for Services Other$365,829$14,276$43,421$423,526
Depreciation Depletion$266,149$39,090$8,564$313,803
Conferences and Meetings$221,065$3,218$90$224,373
Occupancy$187,149$25,736$5,638$218,523
Fees for Service Investment Mgmnt Fees-$151,725-$151,725
Other Employee Benefits$131,358$11,857$4,090$147,305
Payroll Taxes$121,182$11,067$5,508$137,757
Office Expenses$121,428$12,005$1,458$134,891
Insurance$46,710$4,428$970$52,108
Fees for Services Accounting-$34,729-$34,729
Other Expenses$27,295$5,143$184$32,438
Travel$28,059$3,206$379$31,644
All Other Expenses$22,603$409$90$23,102
Advertising$23,056--$23,056
Fees for Services Legal$10,824$111$24$10,959
Pension Plan Contributions$7,169$652$326$8,147
Total Functional Expenses$4,258,509$595,592$134,398$4,988,499

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,988,499
Expenses per Audited Statements$4,336,454
Total Expenses per Audited Statements$4,336,454
Expenses Not Reported on Financial Statements$652,045
Other Expense Adjustments$500,320
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$72,669
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 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
Yes
Other officer compensation reviewed
Yes
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 6

The organization has individual, student, institution and business memberships. During the year ended 6/30/2024 there were approximately 5,500 members.

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

A draft of form 990 is provided to board members for review and discussion prior to filing with the irs.

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

Georgia historical society monitors and enforces compliance through consistent disclosure to key employees, officers, and directors.

Form 990, Part VI, Section B, Line 15

The process for determining compensation includes an annual written performance review, review of salary ranges for similar organizations nationwide, and a meeting to discuss comparability data and other factors by the executive committee of the board of directors.

Form 990, Part VI, Section C, Line 19

The most recent financial statements are on the organizations website and available upon request in hard copy. Other documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Georgia Historical Society
EIN
58-0593403
Phone
9126512831
Address
104 WEST GASTON STREET, SAVANNAH, GA 31401

Signing Officer

Name
Dr William T Groce
Title
President/CEO
Phone
9126512125
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr William T Groce
Formed
1839
Legal Domicile
Ga
Voting Board Members
21
Independent Board Members
21
Employees
32
Volunteers
15,000

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 GALLERIA PKWY SE STE 1700, ATLANTA, GA 30339-5946
Preparer
Melissa Seward
Phone
7709558600
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

The process of oversight for the annual audit has not changed since the previous year.

Financial Statement Notes

PART III, LINE 1A:

Ghs's collections are primarily related to the library and archives collection. In conformity with industry practice, museum artifacts and records and documents purchased or donated are not recorded as assets in the accompanying statement of financial position. Even though not reflected in the financial statements, ghs's collections represent one of its most valuable assets. Ghs receives numerous donations of research materials and artifacts annually to add to its collection. Purchases of collection items are reported as decreases in unrestricted net assets or as decreases in temporarily restricted net assets if the assets used to purchase the items were restricted by donors.

PART III, LINE 4:

The ghs research center preserves an unparalledled collection of georgia history, including over 5 million manuscripts, 100,000 photographs, 30,000 architectural drawings, 20,000 rare and non-rare books, and thousands of maps, portraits, and artifacts representing the sweep of georgia history from the founding to the present. The periodical collection dates from the 18th and 19th centuries, and the visual material collection includes an impressive varieety of photographs and other images including portratis of many of georgia's most prominent leaders. Each year researchers from across the globe, including scholars, journalists, filimmakers, geneologists, students, and teachers, use the research center to deepen their understanding of the past and present.

PART V, LINE 4:

The purpose of the organization's endowment funds is to advance the mission on the georgia historical society to teach georgia and american history through education and research.

PART X, LINE 2:

Georgia historical society is a not-for-profit organization and is exempt from federal and state income taxes under section 501(c)(3) of the u.s. Internal revenue code of 1986, as amended. Accordingly, no provision for income taxes has been made in these financial statements. Management has considered the tax positions taken in its tax returns and believes that all of the positions taken by ghs in its federal exempt organization tax returns are more likely-than not to be sustained upon examination. Ghs files form 990 in the u.s. Federal jurisdiction and the state of georgia.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Uncollectible gift promises 500,320.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Uncollectible gift promises 500,320.

Raw XML AppendixShowing 400 of 760 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/ActivityOrMissionDesc0SEE SCHEDULE O FOR COMPLETE DESCRIPTION.GEORGIA HISTORICAL SOCIETY (GHS) IS THE PREMIER INDEPENDENT STATEWIDE INSTITUTION RESPONSIBLE FOR COLLECTING, EXAMINING, AND TEACHING GEORGIA HISTORY. GHS HOUSES THE OLDEST AND MOST DISTINGUISHED COLLECTION OF MATERIALS RELATED EXCLUSIVELY TO GEORGIA HISTORY IN THE NATION. FOUNDED IN 1839 WITH THE MISSION TO COLLECT, EXAMINE, AND TEACH GEORGIA AND AMERICAN HISTORY THROUGH EDUCATION AND RESEARCH.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO AND PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SENIOR HISTORIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF FINANCE AND ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIR. OF PRGMS/VP EDUC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt17CURATOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19CURATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CURATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21CURATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22CURATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23CURATOR
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IRS990/MissionDesc0GEORGIA HISTORICAL SOCIETY (GHS) IS THE PREMIER INDEPENDENT STATEWIDE INSTITUTION RESPONSIBLE FOR COLLECTING, EXAMINING, AND TEACHING GEORGIA HISTORY. GHS HOUSES THE OLDEST AND MOST DISTINGUISHED COLLECTION OF MATERIALS RELATED EXCLUSIVELY TO GEORGIA HISTORY IN THE NATION. FOUNDED IN 1839 WITH THE MISSION TO COLLECT, EXAMINE, AND TEACH GEORGIA AND AMERICAN HISTORY THROUGH EDUCATION AND RESEARCH.
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