NonprofitsMagnolia House Foundation Inc

Education

Magnolia House Foundation Inc

GREENSBORO, NC

Total revenue

$114K

Total expenses

$104K

Net assets

$52K

Grants received

$237K

15 grants

EIN

311613173

Tax year

2024

Mission

Preservation of historic hotel

Financials

FY 2024

Revenue

Contributions & grants$58K
Program service revenue$56K
Investment income
Other revenue
Total revenue$114K

Expenses

Grants paid
Salaries & benefits$22K
Fundraising
Other expenses$60K
Total expenses$104K
Total assets$52K
Net assets$52K

People

8 listed

NameRoleCompensation

Dr James Blackwell

Board Co-Chair

Board

5 hrs/wk

Robert Winslow

Board Co-Chair

Board

5 hrs/wk

Dr Torren Gatson

Board Governance Committee Chair

Board

5 hrs/wk

Kya Johnson

Interim Secretary

Board

5 hrs/wk

Dr Marquita Reed-Wright

Board Member

Board

5 hrs/wk

Dr Tamara Brothers

Board Member

Board

5 hrs/wk

Natalie Miller

Founder/ CEO

Board

20 hrs/wk

Stacey Kyser

Executive Director

Board

5 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$32K
GENERAL SUPPORT
2024
$47K
GENERAL SUPPORT
2023
$23K
ARPA & GRASSROOTS
2022
$10K
UNRESTRICTED GENERAL
2022
$10K
Response to Community Needs - FY23
2022
$10K
GENERAL SUPPORT
2022
$3K
OUTDOOR TENT PURCHASE
2022
$40K
Backing Historic Small Restaurants
2021
$20K
UNRESTRICTED GENERAL
2021
$14K
THIS GRANT FUNDING WOULD BE ESSENTIAL IN SUPPORTING THE MAGNOLIA HOUSE'S EXISTING STAFF AND ENSURING OPERATIONS CAN CONTINUE. WHILE THE FACILITY IS CURRENTLY OPEN FOR TOURS, THE SHOEBOX LUNCH PROGRAM, AND VIRTUAL FIELD TRIPS, MAGNOLIA HOUSE LEADERSHIP RECENTLY DETERMINED THAT THE SITE WOULD HAVE TO TEMPORARILY CLOSE TO THE PUBLIC BEGINNING IN JULY DUE TO A LACK OF VISITATION AND RELATED FUNDING. ASIDE FROM FOOD COSTS AND EXHIBIT-DESIGN COSTS, THE LARGEST OPERATING COST FOR THE ORGANIZATION IS IN STAFFING, WITH KITCHEN STAFF, DOCENTS, AND THE HISTORIC SITE MANAGER ENSURING THAT THE ORGANIZATION CAN SAFELY AND EFFECTIVELY DELIVER EDUCATIONAL HUMANITIES CONTENT TO THE PUBLIC. AS A RESULT, FUNDING TOWARD SALARIES WOULD ALLOW THE MAGNOLIA HOUSE TO REOPEN AND CONTINUE DELIVERING ALL OF ITS EDUCTIONAL PROGRAMMING, PARTICULARLY FIELD TRIPS AND THE SHOEBOX LUNCH PROGRAM.
2020
$2K
SIGNAGE SUPPORT
2020
$2K
GENERAL OPERATING PURPOSES
2020
$8K
GENERAL SUPPPORT
2019

Funded by

$237K from 10 funders · 15 grants · 2019–2024

Community Foundation Of Greater

$89K · 3 grants · 2022–2024

United Arts Council Of Greensboro Inc

$33K · 2 grants · 2021–2022

Co Tua Marion S Covington Fdn

$30K · 2 grants · 2021–2022

North Carolina Humanities Council

$14K · 1 grant · 2020

Moses Cone - Wesley Long Community

$10K · 1 grant · 2022

Duke University

$8K · 1 grant · 2019

Details

EIN311613173
NTEE codeB90
Subsection03
Ruling date2018-02
MAGNOLIA HOUSE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo