2020-09-11T13:48:57-05:00 2019-12-31 560727655 CANNON & COMPANY LLP 2160 COUNTRY CLUB RD WINSTONSALEM NC 271044208 990 2019-01-01 560587289 OLD SALEM INC OLDS 3367217300 600 S MAIN STREET WINSTONSALEM NC 27101 TERRY TAYLOR COO 3367217316 2020-09-11 true VALERIE D KIGER P01732917 3367250635 2020-09-11 X 167.68.16.49 2020-09-11 13:48:57 CD P 898C1895B8F201315E3AD013D20E33E4FB790411 6BA951120815B5F9DA08A59816541B256A58022C 2019 2021-01-29 14:40:06Z MR FRANK VAGNONE 600 S MAIN STREET WINSTONSALEM NC 27101 17025765 false X WWW.OLDSALEM.ORG X 1950 NC THE PRESERVATION AND INTERPRETATION OF THE HISTORY AND MATERIAL CULTURE OF THE EARLY AMERICAN SOUTH AND THE MORAVIAN TOWN OF SALEM. 19 19 187 69 14190 1993255 2405788 1136823 1183238 1357133 2551178 1335892 1345676 5823103 7485880 0 0 3758868 3790557 0 308026 2629258 2681526 6388126 6472083 -565023 1013797 72441999 77533232 1831512 2020348 70610487 75512884 THE PRESERVATION AND INTERPRETATION OF THE HISTORY AND MATERIAL CULTURE OF THE EARLY AMERICAN SOUTH AND THE MORAVIAN TOWN OF SALEM. false false 2609459 556122 EDUCATIONAL PROGRAM: GUIDED INTERPRETIVE TOURS AND SPECIAL EVENTS ARE HELD FOR EDUCATIONAL PURPOSES AS WELL AS MUSEUM CLASSES AND SUMMER APPRENTICESHIP PROGRAMS. HOSTED OVER 187,000 VISITORS, INCLUDING 33,000 SCHOOL CHILDREN. 1221449 260312 HISTORICAL PRESERVATION PROGRAM: INCLUDES RESTORATION AND MAINTENANCE OF 30 HISTORIC PROPERTIES AND OVER 15,000 ANTIQUITIES ACQUIRED FOR COLLECTION AND EXHIBIT TO THE PUBLIC. 1721133 366804 MUSEUM PROGRAM: A MUSEUM OF EARLY SOUTHERN DECORATIVE ARTS. 5552041 true true false false false false true true false true true false false true false true true false false false false false false false true false false false false true false false false false false false false false true true false false false false false false false true 62 0 true 187 true true true false false false false true true false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false NC X THE ORGANIZATION 3367217316 600 S MAIN STREET WINSTONSALEM NC 27101 MR FRANK VAGNONE PRES/CEO 40.00 X 155996 0 5881 MR ROBERT LEATH V.P. COLLECT 40.00 X 88414 0 10922 KEN BUCHANAN CFO 40.00 X 58268 0 6342 TERRY TAYLOR COO 40.00 X 58320 0 5160 MR JERRY COOK TRUSTEE 1.00 X 0 0 0 MR MICHAEL ERNST TRUSTEE 1.00 X 0 0 0 MRS RAGAN FOLAN TRUSTEE 1.00 X 0 0 0 MR ROBERT GREEN TRUSTEE 1.00 X 0 0 0 DR EDWARD G HILL TRUSTEE 1.00 X 0 0 0 DR EUGENE ADCOCK III TRUSTEE 1.00 X 0 0 0 MR WILLIAM JOYNER TRUSTEE 1.00 X 0 0 0 MR HAYES WAUFORD JR CHAIR 1.00 X X 0 0 0 DR THOMAS H SEARS JR TRUSTEE 1.00 X 0 0 0 MS MOLLY LEIGHT TRUSTEE 1.00 X 0 0 0 MR JOSEPH P LOGAN TRUSTEE 1.00 X 0 0 0 MR WILLIAM C MARINER TREASURER 1.00 X X 0 0 0 MR JAMES E MARTIN TRUSTEE 1.00 X 0 0 0 MRS MARY ELIZABETH MERCIER SECRETARY 1.00 X X 0 0 0 MS ERIKA MIELKE VICE CHAIR 1.00 X X 0 0 0 DR ANTHONY PARENT TRUSTEE 1.00 X 0 0 0 MR BRENT WADDELL TRUSTEE 1.00 X 0 0 0 MR DAVID WHARTON TRUSTEE 1.00 X 0 0 0 MR FLETCHER WILSON TRUSTEE 1.00 X 0 0 0 360998 28305 1 false true false 14602 304610 2086576 416992 2405788 ADMISSION FEES 900099 1002065 1002065 MUSEUM CLASSES 900099 161347 161347 PUBLICATIONS 900099 19826 19826 1183238 995296 995296 78186 55696 22490 22490 22490 10560041 15330 8984079 35410 1575962 -20080 1555882 1555882 58000 14602 26732 31268 31268 1666210 437968 1228242 1214052 14190 MISCELLANEOUS REVENUE 900099 63676 63676 63676 7485880 2460966 14190 2604936 389303 99336 209029 80938 2713313 2507967 85817 119529 461749 398215 51240 12294 226192 188409 23063 14720 11239 11239 32413 32413 53470 53470 142671 118489 19193 4989 81842 81842 485134 444239 25207 15688 109908 66281 10868 32759 291576 279139 10245 2192 68636 65761 1116 1759 2599 2599 63479 63479 679347 636329 41239 1779 152471 143176 6918 2377 SERVICES 311765 311765 RENT 115007 88828 23991 2188 OTHER FEES 73233 56187 6968 10078 DEVELOPMENT - SPECIAL EVE 6736 6736 6472083 5552041 612016 308026 128751 7514 1022214 2215331 546943 528947 47204 243516 177536 220952 154446 155282 25830319 12700600 13751766 13129719 32686939 36281444 23926200 24750527 72441999 77533232 579020 770295 27960 71612 1224532 1178441 1831512 2020348 X 40594236 41977669 30016251 33535215 70610487 75512884 72441999 77533232 1013797 3888600 X false true X true false X 3904375 2286488 3379375 1993255 2405788 13969281 3904375 2286488 3379375 1993255 2405788 13969281 211815 13757466 1278791 1041601 905519 999329 1073482 5298722 2676 26065 28741 19296744 16821711 0.71290 0.71200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 47 47 1 false 325.00 5950 205000 24738273 X X X X false 33709153 367490 6406388 1926255 38556776 38110153 117044 -2473211 2044833 33709153 34707893 59166 5410863 2067769 38110153 34010831 138569 2979307 2420814 34707893 36511921 677513 -606164 2572079 34010831 0.16850 0.48400 0.34750 false false 1525210 1525210 16036752 8546716 7490036 2983145 1309406 1673739 4477132 2352292 2124840 808080 492186 315894 13129719 ART AND HISTORICAL TREASURES 24738273 BENEFICIAL INTEREST 12254 24750527 X 11894876 3888600 520396 4408996 7485880 7485880 6939009 520396 520396 6418613 53470 53470 6472083 SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENTS CONSISTS OF DEED COVENANTS THAT THE ORGANIZATION HOLDS ON PROPERTIES THAT HAVE PASSED THROUGH ITS OWNERSHIP. NO VALUE IS RECORDED FOR THESE DEED CONVENANTS. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS AN EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING 26,732 RENTAL EXPENSES 55,696 COST OF GOODS SOLD 437,968 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 55,696 COST OF GOODS SOLD 437,968 FUNDRAISING EVENT EXPENSES 26,732 MESDA CONFERENC 72602 14602 58000 26732 72602 14602 58000 26732 26732 31268 false false false false false false false false false MR FRANK VAGNONE PRES/CEO 155996 4529 1352 161877 X 8 32992 MARKET VALUE X 14 384000 APPRAISAL 3 false true false FORM 990, PAGE 6, PART VI, LINE 11B THE TAX RETURN IS REVIEWED IN DETAIL BY THE AUDIT COMMMITTEE AND SUBMITTED FOR APPROVAL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. UPON APPROVAL BY THE EXECUTIVE COMMITTEE FORM 990 IS ELECTRONICALLY DISTRIBUTED TO OUR BOARD MEMBERS FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL STATEMENT OF COMPLIANCE IS OBTAINED FROM EACH TRUSTEE AND KEY EMPLOYEE. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S SALARY IS DETERMINED PERIODICALLY USING COMPARATIVE DATA DEVELOPED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE DATA IS REVIEWED BY THE EXECUTIVE COMMITTEE THEN APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15B THE OFFICERS' SALARIES ARE DETERMINED PERIODICALLY USING COMPARATIVE DATA DEVELOPED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE DATA IS REVIEWED BY THE EXECUTIVE COMMITTEE THEN APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO PUBLIC UPON SPECIFIC REQUEST. THE ANNUAL REPORT IS DISTRIBUTED TO DONORS AND UPON SPECIFIC REQUEST.