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Employer Identification Number 56-0587289

OLD SALEM, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:OLD SALEM, INC.
Employer identification number (EIN):56-0587289
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:453220
NAIC Description:Gift, Novelty, and Souvenir Stores
401k Pension/Benefits registration OLD SALEM, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE PRESERVATION AND INTERPRETATION OF THE HISTORY AND MATERIAL CULTURE OF THE EARLY AMERICAN SOUTH AND THE MORAVIAN TOWN OF SALEM.
Number of Employees207
Number of Volunteers59
Year Formed1950

Organization Governance

Legal DomicileNC
Voting Members - Governing Body22
Voting Members - Independent22

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 660,727
Program Service Revenue from current yearUSD $ 925,977
Investment Income from prior yearUSD $ 3,512,640
Investment Income from current yearUSD $ 1,988,255
Other Revenue from prior yearUSD $ 911,773
Other Revenue from current yearUSD $ 866,694
Gross receipts from all sourcesUSD $ 7,677,778
Net assets / fund balances at end of fiscal yearUSD $ 68,984,564
Net assets / fund balances at beginning of fiscal yearUSD $ 65,333,267
Total liabilities at end of fiscal yearUSD $ 972,570
Total liabilities at beginning of fiscal yearUSD $ 1,002,707
Total assets at end of fiscal yearUSD $ 69,957,134
Total assets at beginning of fiscal yearUSD $ 66,335,974
Revenues less expenses for current yearUSD $ 958,355
Revenues less expenses for previous yearUSD $ 1,297,393
Total expenses for current yearUSD $ 6,101,907
Total expenses for previous yearUSD $ 5,253,741
Other expenses in current yearUSD $ 2,760,656
Other expenses in previous yearUSD $ 2,464,139
Total fundraising expenses in current yearUSD $ 386,251
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,341,251
Employee salary and benefits paid in previous yearUSD $ 2,789,602
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,060,262
Total revenue in previous fiscal yearUSD $ 6,551,134
Contributions and grants from current yearUSD $ 3,279,336
Contributions and grants from previous yearUSD $ 1,465,994
Cost of goods soldUSD $ 228,690
Gross sales of inventory assetsUSD $ 1,064,659
Total of other revenueUSD $ 14,259
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 187,420
Program Service Revenue from current yearUSD $ 660,727
Investment Income from prior yearUSD $ 1,196,400
Investment Income from current yearUSD $ 3,512,640
Other Revenue from prior yearUSD $ 548,389
Other Revenue from current yearUSD $ 911,773
Gross receipts from all sourcesUSD $ 8,084,343
Net assets / fund balances at end of fiscal yearUSD $ 65,333,267
Net assets / fund balances at beginning of fiscal yearUSD $ 80,092,268
Total liabilities at end of fiscal yearUSD $ 1,002,707
Total liabilities at beginning of fiscal yearUSD $ 1,614,808
Total assets at end of fiscal yearUSD $ 66,335,974
Total assets at beginning of fiscal yearUSD $ 81,707,076
Revenues less expenses for current yearUSD $ 1,297,393
Revenues less expenses for previous yearUSD $ -826,754
Total expenses for current yearUSD $ 5,253,741
Total expenses for previous yearUSD $ 4,621,944
Other expenses in current yearUSD $ 2,464,139
Other expenses in previous yearUSD $ 1,989,456
Total fundraising expenses in current yearUSD $ 258,734
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,789,602
Employee salary and benefits paid in previous yearUSD $ 2,632,488
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,551,134
Total revenue in previous fiscal yearUSD $ 3,795,190
Contributions and grants from current yearUSD $ 1,465,994
Contributions and grants from previous yearUSD $ 1,862,981
Cost of goods soldUSD $ 228,744
Gross sales of inventory assetsUSD $ 1,105,463
Total of other revenueUSD $ 11,216
2021-12-31
Total unrelated business incomeUSD $ 2,549
Program Service Revenue from prior yearUSD $ 116,812
Program Service Revenue from current yearUSD $ 187,420
Investment Income from prior yearUSD $ 828,762
Investment Income from current yearUSD $ 1,196,400
Other Revenue from prior yearUSD $ 196,239
Other Revenue from current yearUSD $ 548,389
Gross receipts from all sourcesUSD $ 9,904,761
Net assets / fund balances at end of fiscal yearUSD $ 80,092,268
Net assets / fund balances at beginning of fiscal yearUSD $ 77,500,931
Total liabilities at end of fiscal yearUSD $ 1,614,808
Total liabilities at beginning of fiscal yearUSD $ 1,867,413
Total assets at end of fiscal yearUSD $ 81,707,076
Total assets at beginning of fiscal yearUSD $ 79,368,344
Revenues less expenses for current yearUSD $ -826,754
Revenues less expenses for previous yearUSD $ -1,196,600
Total expenses for current yearUSD $ 4,621,944
Total expenses for previous yearUSD $ 4,370,329
Other expenses in current yearUSD $ 1,989,456
Other expenses in previous yearUSD $ 1,949,018
Total fundraising expenses in current yearUSD $ 256,882
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,632,488
Employee salary and benefits paid in previous yearUSD $ 2,421,311
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,795,190
Total revenue in previous fiscal yearUSD $ 3,173,729
Contributions and grants from current yearUSD $ 1,862,981
Contributions and grants from previous yearUSD $ 2,031,916
Cost of goods soldUSD $ 70,323
Gross sales of inventory assetsUSD $ 599,456
Total of other revenueUSD $ 11,276
2020-12-31
Total unrelated business incomeUSD $ 1,598
Program Service Revenue from prior yearUSD $ 1,183,238
Program Service Revenue from current yearUSD $ 116,812
Investment Income from prior yearUSD $ 2,551,178
Investment Income from current yearUSD $ 828,762
Other Revenue from prior yearUSD $ 1,345,676
Other Revenue from current yearUSD $ 208,294
Gross receipts from all sourcesUSD $ 12,719,553
Net assets / fund balances at end of fiscal yearUSD $ 77,500,931
Net assets / fund balances at beginning of fiscal yearUSD $ 75,512,884
Total liabilities at end of fiscal yearUSD $ 1,867,413
Total liabilities at beginning of fiscal yearUSD $ 2,020,348
Total assets at end of fiscal yearUSD $ 79,368,344
Total assets at beginning of fiscal yearUSD $ 77,533,232
Revenues less expenses for current yearUSD $ -1,196,600
Revenues less expenses for previous yearUSD $ 1,013,797
Total expenses for current yearUSD $ 4,370,329
Total expenses for previous yearUSD $ 6,472,083
Other expenses in current yearUSD $ 1,949,018
Other expenses in previous yearUSD $ 2,681,526
Total fundraising expenses in current yearUSD $ 290,555
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,421,311
Employee salary and benefits paid in previous yearUSD $ 3,790,557
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,173,729
Total revenue in previous fiscal yearUSD $ 7,485,880
Contributions and grants from current yearUSD $ 2,019,861
Contributions and grants from previous yearUSD $ 2,405,788
Gross income from fundraising eventsUSD $ 18,245
Cost of goods soldUSD $ 40,805
Gross sales of inventory assetsUSD $ 226,649
Total of other revenueUSD $ 3,437
Other Revenue from current yearUSD $ 196,239
Contributions and grants from current yearUSD $ 2,031,916
Gross income from fundraising eventsUSD $ 6,190
2019-12-31
Total unrelated business incomeUSD $ 14,190
Program Service Revenue from prior yearUSD $ 1,136,823
Program Service Revenue from current yearUSD $ 1,183,238
Investment Income from prior yearUSD $ 1,357,133
Investment Income from current yearUSD $ 2,551,178
Other Revenue from prior yearUSD $ 1,335,892
Other Revenue from current yearUSD $ 1,345,676
Gross receipts from all sourcesUSD $ 17,025,765
Net assets / fund balances at end of fiscal yearUSD $ 75,512,884
Net assets / fund balances at beginning of fiscal yearUSD $ 70,610,487
Total liabilities at end of fiscal yearUSD $ 2,020,348
Total liabilities at beginning of fiscal yearUSD $ 1,831,512
Total assets at end of fiscal yearUSD $ 77,533,232
Total assets at beginning of fiscal yearUSD $ 72,441,999
Revenues less expenses for current yearUSD $ 1,013,797
Revenues less expenses for previous yearUSD $ -565,023
Total expenses for current yearUSD $ 6,472,083
Total expenses for previous yearUSD $ 6,388,126
Other expenses in current yearUSD $ 2,681,526
Other expenses in previous yearUSD $ 2,629,258
Total fundraising expenses in current yearUSD $ 308,026
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,790,557
Employee salary and benefits paid in previous yearUSD $ 3,758,868
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,485,880
Total revenue in previous fiscal yearUSD $ 5,823,103
Contributions and grants from current yearUSD $ 2,405,788
Contributions and grants from previous yearUSD $ 1,993,255
Gross income from fundraising eventsUSD $ 58,000
Cost of goods soldUSD $ 437,968
Gross sales of inventory assetsUSD $ 1,666,210
Total of other revenueUSD $ 63,676
2018-12-31
Total unrelated business incomeUSD $ 11,352
Program Service Revenue from prior yearUSD $ 1,406,637
Program Service Revenue from current yearUSD $ 1,136,823
Investment Income from prior yearUSD $ 1,159,558
Investment Income from current yearUSD $ 1,357,133
Other Revenue from prior yearUSD $ 1,637,554
Other Revenue from current yearUSD $ 1,335,892
Gross receipts from all sourcesUSD $ 7,524,010
Net assets / fund balances at end of fiscal yearUSD $ 70,610,487
Net assets / fund balances at beginning of fiscal yearUSD $ 74,759,081
Total liabilities at end of fiscal yearUSD $ 1,831,512
Total liabilities at beginning of fiscal yearUSD $ 2,504,143
Total assets at end of fiscal yearUSD $ 72,441,999
Total assets at beginning of fiscal yearUSD $ 77,263,224
Revenues less expenses for current yearUSD $ -565,023
Revenues less expenses for previous yearUSD $ 610,314
Total expenses for current yearUSD $ 6,388,126
Total expenses for previous yearUSD $ 6,972,810
Other expenses in current yearUSD $ 2,629,258
Other expenses in previous yearUSD $ 2,924,441
Total fundraising expenses in current yearUSD $ 480,614
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,758,868
Employee salary and benefits paid in previous yearUSD $ 4,048,369
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,823,103
Total revenue in previous fiscal yearUSD $ 7,583,124
Contributions and grants from current yearUSD $ 1,993,255
Contributions and grants from previous yearUSD $ 3,379,375
Gross income from fundraising eventsUSD $ 7,800
Cost of goods soldUSD $ 541,049
Gross sales of inventory assetsUSD $ 1,752,465
Total of other revenueUSD $ 8,350
2017-12-31
Total unrelated business incomeUSD $ 31,828
Program Service Revenue from prior yearUSD $ 1,252,459
Program Service Revenue from current yearUSD $ 1,406,637
Investment Income from prior yearUSD $ 946,915
Investment Income from current yearUSD $ 1,159,558
Other Revenue from prior yearUSD $ 1,656,137
Other Revenue from current yearUSD $ 1,637,554
Gross receipts from all sourcesUSD $ 15,140,606
Net assets / fund balances at end of fiscal yearUSD $ 74,759,081
Net assets / fund balances at beginning of fiscal yearUSD $ 69,820,649
Total liabilities at end of fiscal yearUSD $ 2,504,143
Total liabilities at beginning of fiscal yearUSD $ 3,740,507
Total assets at end of fiscal yearUSD $ 77,263,224
Total assets at beginning of fiscal yearUSD $ 73,561,156
Revenues less expenses for current yearUSD $ 610,314
Revenues less expenses for previous yearUSD $ -1,655,741
Total expenses for current yearUSD $ 6,972,810
Total expenses for previous yearUSD $ 7,797,740
Other expenses in current yearUSD $ 2,924,441
Other expenses in previous yearUSD $ 3,511,416
Total fundraising expenses in current yearUSD $ 582,575
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 4,325
Employee salary and benefits paid in current yearUSD $ 4,048,369
Employee salary and benefits paid in previous yearUSD $ 4,281,999
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,583,124
Total revenue in previous fiscal yearUSD $ 6,141,999
Contributions and grants from current yearUSD $ 3,379,375
Contributions and grants from previous yearUSD $ 2,286,488
Gross income from fundraising eventsUSD $ 28,552
Cost of goods soldUSD $ 777,568
Gross sales of inventory assetsUSD $ 2,298,454
Total of other revenueUSD $ 38,063
2016-12-31
Total unrelated business incomeUSD $ 8,163
Program Service Revenue from prior yearUSD $ 1,144,240
Program Service Revenue from current yearUSD $ 1,252,459
Investment Income from prior yearUSD $ 8,507,869
Investment Income from current yearUSD $ 946,915
Other Revenue from prior yearUSD $ 1,613,415
Other Revenue from current yearUSD $ 1,656,137
Gross receipts from all sourcesUSD $ 11,495,492
Net assets / fund balances at end of fiscal yearUSD $ 69,820,649
Net assets / fund balances at beginning of fiscal yearUSD $ 69,341,810
Total liabilities at end of fiscal yearUSD $ 3,740,507
Total liabilities at beginning of fiscal yearUSD $ 2,438,844
Total assets at end of fiscal yearUSD $ 73,561,156
Total assets at beginning of fiscal yearUSD $ 71,780,654
Revenues less expenses for current yearUSD $ -1,655,741
Revenues less expenses for previous yearUSD $ 7,204,346
Total expenses for current yearUSD $ 7,797,740
Total expenses for previous yearUSD $ 7,965,553
Other expenses in current yearUSD $ 3,511,416
Other expenses in previous yearUSD $ 3,495,972
Total fundraising expenses in current yearUSD $ 716,416
Professional fundraising fees from current yearUSD $ 4,325
Professional fundraising fees from previous yearUSD $ 6,345
Employee salary and benefits paid in current yearUSD $ 4,281,999
Employee salary and benefits paid in previous yearUSD $ 4,463,236
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,141,999
Total revenue in previous fiscal yearUSD $ 15,169,899
Contributions and grants from current yearUSD $ 2,286,488
Contributions and grants from previous yearUSD $ 3,904,375
Gross income from fundraising eventsUSD $ 30,224
Cost of goods soldUSD $ 869,997
Gross sales of inventory assetsUSD $ 2,418,132
Total of other revenueUSD $ 16,850
2014-12-31
Total unrelated business incomeUSD $ 3,670
Program Service Revenue from prior yearUSD $ 1,036,463
Program Service Revenue from current yearUSD $ 1,046,671
Investment Income from prior yearUSD $ 2,239,307
Investment Income from current yearUSD $ 2,439,707
Other Revenue from prior yearUSD $ 1,740,326
Other Revenue from current yearUSD $ 1,737,577
Gross receipts from all sourcesUSD $ 24,703,122
Net assets / fund balances at end of fiscal yearUSD $ 71,438,110
Net assets / fund balances at beginning of fiscal yearUSD $ 71,510,225
Total liabilities at end of fiscal yearUSD $ 1,821,468
Total liabilities at beginning of fiscal yearUSD $ 1,693,524
Total assets at end of fiscal yearUSD $ 73,259,578
Total assets at beginning of fiscal yearUSD $ 73,203,749
Revenues less expenses for current yearUSD $ 227,238
Revenues less expenses for previous yearUSD $ 1,333,562
Total expenses for current yearUSD $ 7,964,352
Total expenses for previous yearUSD $ 7,803,959
Other expenses in current yearUSD $ 3,392,187
Other expenses in previous yearUSD $ 3,354,680
Total fundraising expenses in current yearUSD $ 651,875
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,572,165
Employee salary and benefits paid in previous yearUSD $ 4,449,279
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,191,590
Total revenue in previous fiscal yearUSD $ 9,137,521
Contributions and grants from current yearUSD $ 2,967,635
Contributions and grants from previous yearUSD $ 4,121,425
Gross income from fundraising eventsUSD $ 24,335
Cost of goods soldUSD $ 1,093,970
Gross sales of inventory assetsUSD $ 2,791,171
Total of other revenueUSD $ 41,395

Other Company Names associated with EIN

OLD SALEM INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560587289

USA Mailing Address
600 S MAIN STREET
WINSTON-SALEM
NC
27101
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
600 S MAIN STREET
WINSTON-SALEM
NC
27101
Date first seen: 2007-01-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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