EIN 85-3929756

The McKenney Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-12-01
Description
The McKenney Foundation repurposes the former William R McKenney Memorial Library into an African American history Museum-Center in Petersburg, VA.
Total revenues
$436,781
2023
Total expenses
$42,295
2023
Total assets
$885,488
2023
Num. employees
0
2023

Program areas at The McKenney Foundation

During 2022, the Foundation completed a feasibility and sustainability study that was funded by the Cameron Foundation. That study indicated that the Foundation is feasible and sustainable. Additional expenses associated with this study were paid in 2023.
In 2023, the Foundation received a grant from the City of Petersburg to assist in the Foundation's general operations. The Foundation continues its efforts to rehabilitate the building that will eventually house the African-American History and Culture Center and Archives. To this end, it has completed 80% of needed roof improvements. Additionally, the Foundation has signed a proposal to complete an adaptive reuse study, and has established an Advisory Board.
The Foundation received a community development block grant from the City of Petersburg to assist with the continued development of an African-American History and Culture Center in the City of Petersburg.

Personnel at The McKenney Foundation

NameTitleCompensation
Wayne M CrockerPresident$0
Andretta HamiltonVice President$0
Alexander GrahamSecretary and Treasurer$0

Financials for The McKenney Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$427,015
Program services$0
Investment income and dividends$1
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,750
Net gain from sale of non-inventory assets$0
Net income from fundraising events$6,015
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$436,781

Form 990s for The McKenney Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-09990View PDF
2022-122023-07-12990EZView PDF
2021-122022-11-11990View PDF
Data update history
December 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 27, 2024
Used new vendors
Identified 1 new vendor, including
August 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanitiesAfrican AmericansHistory
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
201 W Washington St
Petersburg, VA 23803
Metro area
Richmond, VA
County
Petersburg city, VA
Phone
(804) 733-2387
IRS details
EIN
85-3929756
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A80: Historical Societies, Historical Preservation
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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