2015-11-16T08:22:57-06:00 2014-12-31 560727655 CANNON & COMPANY LLP 2160 COUNTRY CLUB RD WINSTONSALEM NC 271044208 990 2014-01-01 560587289 OLD SALEM INC OLDS 3367217300 600 S MAIN STREET WINSTONSALEM NC 27101 ANTHONY SLATER CFO 3367217300 2015-11-13 RICHARD J TAMER P00913572 3367250635 2015-11-13 X 2014 2016-02-25 16:41:14Z RAGAN FOLAN 600 S MAIN STREET WINSTONSALEM NC 27101 24703122 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. 26 25 256 209 3670 4121425 2967635 1036463 1046671 2239307 2439707 1740326 1737577 9137521 8191590 0 0 4449279 4572165 0 651875 3354680 3392187 7803959 7964352 1333562 227238 73203749 73259578 1693524 1821468 71510225 71438110 THE PRESERVATION AND INTERPRETATION OF THE HISTORY AND MATERIAL CULTURE OF THE EARLY AMERICAN SOUTH AND THE MORAVIAN TOWN OF SALEM. false false 1790223 866606 MUSEUM PROGRAM: A MUSEUM OF EARLY SOUTHERN DECORATIVE ARTS. ALSO, COPIES OF PUBLICATIONS WERE PRODUCED, INCLUDING GUIDEBOOKS AND JOURNALS. 1436704 695475 HISTORICAL PRESERVATION PROGRAM: INCLUDES RESTORATION AND MAINTENANCE OF 30 HISTORIC PROPERTIES AND OVER 15,000 ANTIQUITIES ACQUIRED FOR COLLECTION AND EXHIBIT TO THE PUBLIC. 2519261 1219516 EDUCATIONAL PROGRAM: GUIDED INTERPRETIVE TOURS AND SPECIAL EVENTS ARE HELD FOR EDUCATIONAL PURPOSES AS WELL AS MUSEUM CLASSES AND SUMMER APPRENTICESHIP PROGRAMS. HOSTED OVER 178,000 VISITORS, INCLUDING 32,800 SCHOOL CHILDREN. 5746188 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 true true true false false false false false false false true 61 0 true 256 true true true false false false false true true false false false false X 26 25 false false false false false false false true true false false true true true true true true true true false NC X X ANTHONY SLATER 3367217316 600 S MAIN STREET WINSTONSALEM NC 27101 DR EUGENE W ADCOCK III TRUSTEE THRU 1.00 X 0 0 0 MS BETSY ANNESE TRUSTEE 1.00 X 0 0 0 DR ANTHONY ATALA TRUSTEE 1.00 X 0 0 0 MR NICHOLAS BRAGG TRUSTEE 1.00 X 0 0 0 MR ROBERT BROWN TRUSTEE THRU 1.00 X 0 0 0 MR F HUDNALL CHRISTOPHER JR TREASURER TH 1.00 X X 0 0 0 MR J HAYWOOD DAVIS TRUSTEE THRU 1.00 X 0 0 0 MR MICHAEL ERNST TRUSTEE BEGI 1.00 X 0 0 0 MR PAUL FULTON V CH THRU 4/ 1.00 X X 0 0 0 MR TED GOSSETT TRUSTEE 1.00 X 0 0 0 MR JAMES A GRAY III 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 MRS ANN A JOHNSTON SECRETARY BE 1.00 X X 0 0 0 MR HENRY JORDAN II TRUSTEE 1.00 X 0 0 0 MR STAN KELLY TRUSTEE THRU 1.00 X 0 0 0 MRS JUDY LAMBETH CHAIR 1.00 X X 0 0 0 MR JOSEPH P LOGAN TRUSTEE BEGI 1.00 X 0 0 0 MRS MARY ELIZABETH MERCIER TRUSTEE BEGI 1.00 X 0 0 0 MRS ERIKA MIELKE TRUSTEE BEGI 1.00 X 0 0 0 MS CHRIS MINTER-DOWD V CHAIR BEGI 1.00 X X 0 0 0 MR ANTHONY MONTAG TRUSTEE THRU 1.00 X 0 0 0 MRS PAULETTE MORANT TRUSTEE 1.00 X 0 0 0 COUNT CHRISTOPH NOSTITZ TRUSTEE 1.00 X 0 0 0 MR L G ORR JR TRUSTEE THRU 1.00 X 0 0 0 MR C EDWARD PLEASANTS JR SECRETARY TH 1.00 X X 0 0 0 MS MARGARET PRITCHARD TRUSTEE 1.00 X 0 0 0 DR THOMAS H SEARS JR TRUSTEE 1.00 X 0 0 0 MR ANTHONY SLATER TRSTEE 5/14 1.00 X X 0 0 0 MR DANIEL R TAYLOR JR TRUSTEE 1.00 X 0 0 0 MS MARGARET D TOWNSEND TRUSTEE 1.00 X 0 0 0 MR WILLIAM WATSON TRUSTEE THRU 1.00 X 0 0 0 MR HAYES WAUFORD JR TREASURER BE 1.00 X X 0 0 0 MR RALPH WOMBLE TRUSTEE BEGI 1.00 X 0 0 0 MR PHILIP ZEA TRUSTEE BEGI 1.00 X 0 0 0 MRS RAGAN FOLAN PRESIDENT 40.00 X 159051 0 7680 MR ERIC HOYLE VP FINANCE A 40.00 X 77083 0 5469 MR ROBERT LEATH V.P. COLLECT 40.00 X 74519 0 8777 MS FRANCES BEASLEY V.P. DEVELOP 40.00 X 73578 0 5528 MR JOHN LARSON V.P. RESTORA 40.00 X 67360 0 4735 MS PAULA LOCKLAIR V.P. EDUCATI 40.00 X 62521 0 4418 514112 36607 1 false true false 166162 261130 2540343 464000 2967635 ADMISSION FEES 900099 847347 847347 MUSEUM CLASSES 900099 185818 185818 PUBLICATIONS 900099 13506 13506 1046671 905741 905741 277 277 177053 75944 101109 101109 101109 16200277 548567 14633681 581197 1566596 -32630 1533966 1533966 24335 166162 126740 -102405 -102405 2791171 1093970 1697201 1693531 3670 MISCELLANEOUS REVENUE 900099 41125 41125 RESEARCH FEES 900099 270 270 41395 8191590 2781597 3670 2438688 555347 224670 250149 80528 3396663 2671012 383257 342394 299486 240020 39500 19966 320669 238588 47744 34337 5471 5471 24500 24500 154976 154976 175024 61752 110404 2868 181675 181675 876557 727363 106630 42564 151356 50096 70499 30761 299786 241994 56573 1219 113523 108522 1522 3479 10148 9173 975 33695 33695 515250 448229 65843 1178 176877 115596 21014 40267 SERVICES 477751 294704 139338 43709 EQUIPMENT RENTAL AND MAIN 99472 55235 43196 1041 OTHER FEES 96126 77559 11003 7564 7964352 5746188 1566289 651875 1531 339341 669318 1763276 1719202 107491 97255 737953 576437 75416 70403 21428965 10126499 10786549 11302466 36039430 35842603 500 23353793 22980363 73203749 73259578 1060345 1246284 175338 115882 398244 459302 59597 1693524 1821468 X 44897512 50930490 8963384 2206685 17649329 18300935 71510225 71438110 73203749 73259578 227238 -299353 X false true X true false X 1227786 2207756 1735677 4121425 2967635 12260279 1227786 2207756 1735677 4121425 2967635 12260279 668639 11591640 1150498 1662622 1102169 1152273 1083071 6150633 20497 15404 6640 42541 18453453 14317221 0.62820 0.58680 X PART II, LINE 10 MISCELLANEOUS INCOME 37,112 RESEARCH FEES 5,429 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 45 43 1 1 false 200.00 5300 22906454 X X X X false 36378771 651606 2172984 2691440 36511921 35510389 210337 3880705 3222660 36378771 37093862 54010 1574047 3211530 35510389 38781800 166477 1210575 3064990 37093862 36901001 1775668 5315653 5050431 38781800 0.49880 0.50120 false false 1525210 1525210 14290065 6941885 7348180 2423131 709504 1713627 2413999 2082124 331875 776560 392986 383574 11302466 ART AND HISTORICAL TREASURES 22906454 BENEFICIAL INTEREST 73909 22980363 CHECKS IN EXCESS OF CASH X 9188891 -299353 1296654 997301 8191590 8191590 9261006 1296654 1296654 7964352 7964352 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 2, PART III, LINE 4 PRESERVATION AND PRESENTATION OF THE MATERIAL CULTURE OF THE AMERICAN SOUTH IS A MAJOR PART OF THE ORGANIZATION'S MISSION/EXEMPT PURPOSE. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. FOR 2014, THE ORGANIZATION'S UNRELATED BUSINESS EXPENSES EXCEEDED ITS UNRELATED BUSINESS REVENUE THEREFORE NO TAXES ARE DUE FOR THE YEAR ENDED DECEMBER 31, 2014. 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 FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990T) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 75,944 COST OF GOODS SOLD 1,093,970 FUNDRAISING EVENT EXPENSES 126,740 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 75,944 COST OF GOODS SOLD 1,093,970 FUNDRAISING EVENT EXPENSES 126,740 ROBERT EDSEL EV 86274 79774 6500 2550 36454 9738 MOONSHINE IN TH 47886 34536 13350 7386 2500 10747 3 53987 49502 4485 12013 11391 17523 11394 188147 163812 24335 12013 21327 56477 31879 121696 -97361 false false false false false false false false false MRS RAGAN FOLAN PRESIDENT 159051 7680 166731 WILSON COVINGTON CONSTRUCTION OFFICER 209226 CONSTRUCTION SERVIC false SCHEDULE L, PART V HAYES WAUFORD, JR TREASURER IS THE EXECUTIVE VICE PRESIDENT OF WILSON COVINGTON CONSTRUCTION COMPANY. X 19 274353 MARKET VALUE X 8 185015 APPRAISAL X EQUIPMENT 1 4632 MARKET VALUE 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. FORM 990, PART XI, LINE 9 RENTAL EXPENSES 75,944 COST OF GOODS SOLD 1,093,970 FUNDRAISING EVENT EXPENSES 126,740 RENTAL EXPENSES -75,944 COST OF GOODS SOLD -1,093,970 FUNDRAISING EVENT EXPENSES -126,740