Civic Intelligence

National Humanities Center

990 • Fiscal year 2021 • EIN 59-1735367

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 01, 2021

7 Tw Alexander DrResearch Triangle Park, NC 27709-2256

(919) 549-0661

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

13th percentile

0.05x

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

72nd percentile

27%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$513,732

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

75th percentile

23%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

149%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Up

$96,326,647

Up $18,230,754 (+23%) from 2020

Net Assets

Up

$95,976,791

Up $18,638,415 (+24%) from 2020

Liabilities

Down

$349,856

Down $407,661 (-54%) from 2020

Revenue

Up

$7,434,600

Up $4,452,642 (+149%) from 2020

Expenses

Up

$5,415,870

Up $3,068 (+0.1%) from 2020

Net Income

Up

$2,018,730

Up $4,449,574 (+183%) from 2020

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2012: $66,033,236Liabilities 2012: $182,423Net Assets 2012: $65,850,8132012Assets 2014: $80,907,969Liabilities 2014: $220,666Net Assets 2014: $80,687,3032014Assets 2015: $77,045,605Liabilities 2015: $1,074,131Net Assets 2015: $75,971,4742015Assets 2016: $72,298,261Liabilities 2016: $1,602,659Net Assets 2016: $70,695,6022016Assets 2017: $76,464,236Liabilities 2017: $1,066,495Net Assets 2017: $75,397,7412017Assets 2018: $78,949,756Liabilities 2018: $646,422Net Assets 2018: $78,303,3342018Assets 2020: $78,095,893Liabilities 2020: $757,517Net Assets 2020: $77,338,3762020Assets 2021: $96,326,647Liabilities 2021: $349,856Net Assets 2021: $95,976,7912021Assets 2022: $81,630,091Liabilities 2022: $517,563Net Assets 2022: $81,112,5282022Assets 2024: $91,105,664Liabilities 2024: $640,481Net Assets 2024: $90,465,1832024

Highlighted filing

2021

Assets$96,326,647
Liabilities$349,856
Net Assets$95,976,791

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $5,331,7972012Revenue 2014: $11,429,878Expenses 2014: $5,386,429Net Income 2014: $6,043,4492014Revenue 2015: $6,395,902Expenses 2015: $5,832,860Net Income 2015: $563,0422015Revenue 2016: $5,855,358Expenses 2016: $5,496,820Net Income 2016: $358,5382016Revenue 2017: $5,214,839Expenses 2017: $5,231,657Net Income 2017: -$16,8182017Revenue 2018: $12,871,262Expenses 2018: $5,025,755Net Income 2018: $7,845,5072018Revenue 2020: $2,981,958Expenses 2020: $5,412,802Net Income 2020: -$2,430,8442020Revenue 2021: $7,434,600Expenses 2021: $5,415,870Net Income 2021: $2,018,7302021Revenue 2022: $12,139,201Expenses 2022: $6,099,615Net Income 2022: $6,039,5862022Revenue 2024: $5,894,952Expenses 2024: $7,390,968Net Income 2024: -$1,496,0162024

Highlighted filing

2021

Revenue$7,434,600
Expenses$5,415,870
Net Income$2,018,730
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$7,501,604
Mission and Program Overview

Mission

The national humanities center is the worlds only independent institute dedicated exclusively to advanced study in all areas of the humanities. Through its residential fellowship program, the center provides scholars with the resources necessary to generate new knowledge and to further understanding of all forms of cultural expression, social interaction, and human thought. Through its education programs, the center strengthens teaching on the collegiate and pre-collegiate levels. Through public engagement intimately linked to its scholarly and educational programs, the center promotes understanding of the humanities and advocates for their foundational role in a democratic society.

The national humanities center seeks to ensure the continuing strength of the liberal arts and to affirm the importance of the humanities by encouraging the exchange of ideas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$59,979,664$73,693,453▲ $13,713,789
Investments in Publicly Traded Securities$14,633,411$17,263,869▲ $2,630,458
Cash and Non-Interest-Bearing Accounts$415,505$2,146,517▲ $1,731,012
Land, Buildings, and Equipment, Net$1,888,299$1,807,391▼ $80,908
Pledges and Grants Receivable$1,147,957$1,360,494▲ $212,537
Prepaid Expenses and Deferred Charges$28,214$46,116▲ $17,902
Accounts Receivable$2,843$8,807▲ $5,964
Total Assets$78,095,893$96,326,647▲ $18,230,754
Liabilities
Mortgage Notes Payable Secured by Investment Property$416,360--
Accounts Payable and Accrued Expenses$191,522$235,946▲ $44,424
Deferred Revenue$149,635$113,910▼ $35,725
Total Liabilities$757,517$349,856▼ $407,661
Net Assets / Fund Balance
Net Assets With Donor Restrictions$75,869,175$94,161,204▲ $18,292,029
Net Assets Without Donor Restrictions$1,469,201$1,815,587▲ $346,386
Total Net Assets Fund Balance$77,338,376$95,976,791▲ $18,638,415
Total Liabilities and Net Assets / Fund Balance$78,095,893$96,326,647▲ $18,230,754

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,493,810$993,485$2,487,295
Buildings$0$2,204,490$2,204,490
Equipment$83,331$1,276,309$1,359,640
Other Land Buildings$230,250$175,601$405,851
Other Securities$73,693,453--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$73,737,831$230,500▲ $21,359,316$2,110,486$91,757,647
2019$71,922,291$500▲ $5,222,040$1,987,117$73,737,831
2018$74,990,506$12,000▲ $976,185$2,227,784$71,922,291
2017$73,704,929$20,000▲ $5,183,577$2,575,400$74,990,506
2016$68,882,697$973,938▲ $7,834,294$2,536,283$73,704,929
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert D NewmanDirector and PresidentFT$440,196$73,536$513,732
Heidi CampVice President of Institutional AdvancementFT$156,958$32,623$189,581
Heidi CampVice President of Institutional Adva-$156,958$32,623$189,581
Stephanie TuckerChief Financial Officer and Vice President of OperFT$160,354$17,186$177,540
Stephanie TuckerChief Financial Officer and Vice Pre-$160,354$17,186$177,540
Andy MinkVice President of Education ProgramsFT$111,639$25,123$136,762
Revenue and Support

Revenue Composition

Contributions and Grants
$2,411,832
Program Service Revenue
$281,493
Investment Income
$4,739,991
Other Revenue
$1,284
All Other Contributions
$1,585,472
Change in Net Assets
$2,018,730

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 Traded3$66,485Fair Market Value
Total Noncash Contributions3$66,485-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,434,600
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,619,104
Total Revenue per Audited Statements
$24,053,704
Total Revenue per Form 990
$7,434,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,916,647
Grants and Similar Amounts Paid$1,459,514
Other Expenses$1,039,709
Total Fundraising Expense$330,202
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,488,560$103,926$18,465$1,610,951
Grants to Domestic Orgs$1,131,567--$1,131,567
Current Officers, Directors, Trustees, and Key Employees$322,797$174,548$222,959$720,304
Fees for Services Other$235,590$54,054$13,140$302,784
Grants to Domestic Individuals$294,447--$294,447
Other Employee Benefits$230,498$31,285$21,736$283,519
Depreciation Depletion$196,805$15,124$6,806$218,735
Occupancy$162,800$19,039$8,569$190,408
Pension Plan Contributions$147,154$8,729-$155,883
Payroll Taxes$115,342$16,782$13,866$145,990
Office Expenses$74,459$4,854$12,038$91,351
Information Technology$55,633$4,096$7,295$67,024
Foreign Grants$33,500--$33,500
Insurance$16,582$7,746$2,110$26,438
Travel$17,039--$17,039
Other Expenses$12,397$8,847-$12,397
Advertising$7,141-$1,277$8,418
All Other Expenses$4,529-$1,941$6,470
Conferences and Meetings-$1,416-$1,416
Total Functional Expenses$4,635,222$450,446$330,202$5,415,870

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,415,870
Expenses per Audited Statements$5,415,289
Total Expenses per Audited Statements$5,415,289
Expenses Not Reported on Financial Statements$581
Other Expense Adjustments$581
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Duke UniversityDurham, NC501(c)(3)Fellowship Stipends$185,500
Spelman CollegeAtlanta, GA501(c)(3)Fellowship Stipends$160,000
Pennsylvania State UniversityState College, PA501(c)(3)Fellowship Stipends$105,000
University of North Carolina at Chapel HillChapel Hill, NC501(c)(3)Fellowship Stipends$90,500
Howard UniversityWashington, DC501(c)(3)Fellowship Stipends$80,000
University of MichiganAnn Arbor, MI501(c)(3)Fellowship Stipends$68,000
Florida State UniversityTallahassee, FL501(c)(3)Fellowship Stipends$59,000
Oregon StateCorvallis, OR501(c)(3)Fellowship Stipends$56,500
Tulane UniversityNew Orleans, LA501(c)(3)Fellowship Stipends$56,000
North Carolina State UniversityRaleigh, NC501(c)(3)Fellowship Stipends$52,000
University of Wisconsin - MadisonMadison, WI501(c)(3)Fellowship Stipends$48,000
Macalester CollegeSt Paul, MN501(c)(3)Fellowship Stipends$47,500
University of PittsburghPittsburgh, PA501(c)(3)Fellowship Stipends$42,000
University of Texas at AustinAustin, TX501(c)(3)Fellowship Stipends$30,000
North Carolina a & T State UniversityGreensboro, NC501(c)(3)Fellowship Stipends$25,000

International Summary

Offices
0
Employees
0
Spending
$30,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeGrantmakingFunds Provided to Organizations and Individuals for the Fellows Program Held in the United States.00$30,000
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
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 B, Line 11B

The form 990 is first reviewed by the chief financial officer, who is a cpa. The cfo then discusses this information with the audit committee and presents the form 990 to the full board of directors. The board then provides a recommendation to either accept or make changes to the draft form 990. The final signed form 990 is then sent to the full board.

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

The center has a written conflict of interest policy that is provided to officers, trustees, and employees annually. Officers, trustees, and employees are required to verbally disclose any interest that could give rise to conflict. These interests are discussed during board meetings.

Form 990, Part VI, Section B, Line 15

Compensation for senior staff is approved by the personnel committee. Compensation for the executive director is decided by the board chair and approved by the personnel committee.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Humanities Center
EIN
59-1735367
Phone
9195490661
Address
7 TW ALEXANDER DR, RESEARCH TRIANGLE PARK, NC 27709-2256

Signing Officer

Name
Stephanie L Tucker
Title
Chief Financial Officer and VP
Phone
9195490661
Signed
2021-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie L Tucker
Formed
1976
Legal Domicile
Nc
Voting Board Members
32
Independent Board Members
31
Employees
35
Volunteers
31

Preparer

Firm
Blackman & Sloop Cpas Pa
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Deetra B Watson
Phone
9199428700
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The audit committee of the board of trustees evaluates the auditing firm annually and makes recommendations for the current year auditors for the board to approve.

Financial Statement Notes

PART V, LINE 4:

Endowment funds are used to support the various programs of the center including fellowships, public programs, education, and general operations.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Investment and bank fees included with net investment return -581.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment and bank fees included with net investment return 581.

Raw XML AppendixShowing 400 of 966 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/Form990PartVIISectionAGrp/TitleTxt29VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt32CHIEF FINANCIAL OFFICER AND VICE PRESIDENT OF OPER
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