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Old Salem Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560587289 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Old Salem Inc?

Old Salem Inc, located at 600 S Main Street, Winston-Salem, NC 27101, is a nonprofit organization dedicated to preserving and interpreting the history and material culture of the Early American South, specifically the Moravian town of Salem. Their activities encompass educational tours, special events, and museum programs, all designed for educational purposes. With a workforce of 117 individuals, Old Salem Inc aims to provide insight into the past, fostering a deeper understanding of the early American South's history and traditions.


Official website here: www.oldsalem.org

Is Old Salem Inc legitimate?

Old Salem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Salem Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $238,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,125,980

For more financial information, click here


Official website here: www.oldsalem.org

What is the mission statement of Old Salem Inc?

Old Salem Inc's mission is centered around preserving and interpreting the historical and material culture of the early American South, specifically focusing on the Moravian town of Salem. Their activities aim to educate the public through various means, such as interpretive tours, special events, and museum classroom programs. Their goal is to provide a deep understanding of this significant period in American history.


Official website here: www.oldsalem.org

Who is the CEO of Old Salem Inc?

Terry Taylor is the President/Ce of Old Salem Inc.


Official website here: www.oldsalem.org

What is the revenue of Old Salem Inc?

Old Salem Inc's revenue in 2022 was $6,551,134.


Official website here: www.oldsalem.org

Who are the executives of Old Salem Inc and what are their salaries?

The average compensation at Old Salem Inc during 2022 was $20,213. There are 117 employees and 19 volunteers at Old Salem Inc.

Here are 25 key members and their salaries:

    Franklin Vagnone End 630 (President/Ce)
  • Compensation: $119,820
  • Related: $0
  • Other: $2,523

    • Terry Taylor Beg 71 (President/Ce)
  • Compensation: $111,078
  • Related: $0
  • Other: $5,474

    • Trent Jernigan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • June Lucas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Hayes Wauford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hollan Beg December (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly A Leight (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James E Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Thomas H Sears Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Shore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fletcher P Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Eugene W Adcock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Black (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Harry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wharton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Boswell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Summer Mcgee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnnie Pearson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl W Kapp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Edward G Hill Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G William Joyner Iii (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary E Mercier (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher P Caracci (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William C Mariner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oldsalem.org

    Where can I find the form 990 for Old Salem Inc?

    The Old Salem Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oldsalem.org

    Learn more at the official website: www.oldsalem.org

    Mission Statement of Old Salem Inc

    Old Salem Inc, as a nonprofit organization, is dedicated to the preservation and interpretation of the history and material culture of the Early American South, specifically focusing on the Moravian town of Salem. Their mission is to safeguard the rich heritage of this period, ensuring that future generations can appreciate and learn from it. Through various educational programs, Old Salem Inc offers interpretive tours, special events, and museum classes, all aimed at educating individuals about this fascinating era. These initiatives not only provide valuable insights into the past but also foster a deeper understanding of the human experience during this time. By preserving and interpreting the history and material culture of the Early American South, Old Salem Inc plays a vital role in promoting cultural awareness and historical consciousness.

    Impact

    This information is meant to be a general summary of Old Salem Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Old Salem Inc's impact lies in its preservation and interpretation of the history and material culture of the early American South and the Moravian town of Salem. Through educational programs, interpretive tours, special events, and museum class programs, Old Salem Inc provides valuable insights into this historical period for educational purposes. By focusing on the arts and heritage of this region, Old Salem Inc contributes to a deeper understanding and appreciation of our shared past.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,512,640
  • Program Service Revenue: $660,727
  • Gross Receipts: $8,084,343

    • Assets and Liabilities:
  • Total Assets: $66,335,974
  • Total Liabilities: $1,002,707
  • Net Assets: $65,333,267
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMISSIONS

    Revenue

    $521,020

    MUSEUM CLASSES

    Revenue

    $139,707

    Organization Details

    Founding Year

    1950

    Principal Officer

    Terry Taylor

    Main Address

    600 S MAIN STREET, WINSTONSALEM, NC, 27101

    NTEE Category

    Code: A540 - Arts

    If you are a representative of Old Salem Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.