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Old 08-02-2011, 12:16 PM   #13
CrawfordCentury
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Quote:
Originally Posted by Jonas Pilot View Post
Maybe the restaurant helps pay the bills.
Yep. The Castle Preservation Society's Form 990 is available for public viewing. Of the $1.23M in 2010 revenue, only about a third was gate admissions. The cafe did $263k, events accounted for $224k, and the gift shop was about $92k. Presumably, gifts, grants, and memberships account for the remainder.

Expenses were just north of $1M

I would presume that they have some sort of investment policy that would direct how any net revenue be managed. Gotta figure they have an endowment that would ensure the continued preservation of the site - and help weather an off yer or two if expenses outstripped revenue.

The 990 document is available for public viewing
at http://dynamodata.fdncenter.org/990_pdf_archive/270/270085747/270085747_201003_990.pdf
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