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The Korners Folly Foundation

The Korners Folly Foundation

Kernersville, NC 27284
Tax ID56-1984048

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About this organization

Revenue

$303,986

Expenses

$267,945

Website

kornersfolly.org

Mission

To preserve, restore and maintain the historic structure.

About

Share the historic relevance of the house with the public. 12,038 people toured the home during the fiscal year through self-guided and group tours. Tours are also provided to school groups and other groups. 27 educational programs were held during the fiscal year.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “To preserve, restore and maintain the historic structure.”.

When referring to its tasks, they were referred to as: “To preserve, restore and maintain the historic structure.”.

  • The non-profit's state of operation has been legally reported as NC.
  • According to the latest filing, the non-profit's address in 2020 is 413 SOUTH MAIN STREET, KERNERSVILLE, NC, 27284.
  • The total number of employees reported by the non-profit on their form for 2020 is 10.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $36,041.
  • The CEO compensation policy within the organization is established through an impartial evaluation and approval.
  • The organization has 18 independent voting members.
  • The organization was formed in 1993.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $136,264 in salary, compensation, and benefits to its employees.
  • The organization pays $96,422 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.

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