Nonprofit · EIN 54-1771178
THE LEGACY PROJECT INC
Tax-exempt · LYNCHBURG, VA 24505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $57,462 | $81,335 | -$23,873 | $637,959 | $49,853 | $588,106 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $33,537
- Membership dues
- $520
- Program service revenue
- $85
- Investment income
- $10,984
- Net income from fundraising events
- $10,778
- Other revenue
- $12,856
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $16,540
- Salaries, compensation and benefits (total)
- $17,851
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Occupancy
- $4,684
- Depreciation
- $14,363
- Program services (functional)
- $46,398
- Management and general (functional)
- $34,781
- Fundraising (functional)
- $156
Balance sheet and other
- Total assets, start of year
- $641,162
- Total assets, end of year
- $637,959
- Total liabilities, end of year
- $49,853
- Net assets, end of year
- $588,106
- Land, buildings and equipment
- $310,814
- Net assets without donor restrictions
- $261,959
- Net assets with donor restrictions
- $326,147
- Gross receipts
- $65,590
- Employees
- 1
- Volunteers
- 22
- Year formed
- 1995
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ms Talea D Teasley | Executive Director Trustee or director, Key employee | 15 | $16,540 |
| Mrs Joyce Dixon | Director Trustee or director | 1 | $0 |
| Ms Valeria P Chambers | President & Director Trustee or director, Officer | 6 | $0 |
| Ms Ramona Battle | Director Trustee or director | 6 | $0 |
| Mrs Mary Canody | Corresponding Sec. & Director Trustee or director, Officer | 6 | $0 |
| Mr Donald Preston | Director Trustee or director | 1 | $0 |
| David B Neumeyer Esq | Recording Sec. & Director Trustee or director, Officer | 4 | $0 |
| Rev Phillip Brown | Director Trustee or director | 1 | $0 |
| Mrs Phyllistine Mosley | Vice President & Director Trustee or director, Officer | 1 | $0 |
| Mr Mark Spain | Director Trustee or director | 1 | $0 |
| Ms Elaine Duke | Director Trustee or director | 1 | $0 |
| Ms Yvette Harris | Director Trustee or director | 1 | $0 |
| Mr Keita Rodgers | Director Trustee or director | 1 | $0 |
| Ms Felicia West | Treasurer & Director Trustee or director, Officer | 3 | $0 |
| Mrs Toni Pate | Director Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Tywanna Whorley | Director Trustee or director | 1 | $0 |
| Mrs Fumiko Radile | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 308, LYNCHBURG, VA 24505-0308
- Principal officer (990 for 2023)
- Valeria Chambers, Post Office Box 308, Lynchburg, VA 24505
- Signed the 990
- Valeria Chambers, President
- Phone
- (434) 845-3455
- Website
- legacymuseum.org
- Return prepared by
- Coley Eubank & Company
Mission
To collect, preserve and store historical artifacts, documents and memorabilia relating to significant contributions of the African American Community in Lynchburg and its environs.
Program accomplishments
- Rehabilitated two 100 year old houses into modern buildings and museum. Collected photos, artifacts, and documents for rotating exhibitions and programs on all aspects of local African American history and culture. The number of visitors to the museum in 2023 was 500.Expenses $46,398
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1771178
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $637,959
- Income (IRS master file)
- $65,590
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $57,462 | $81,335 | $637,959 | XML |
| 990 | December 2022 | $70,712 | $55,808 | $641,162 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1771178).
Questions about THE LEGACY PROJECT INC
- What is the EIN of THE LEGACY PROJECT INC?
- The employer identification number (EIN) of THE LEGACY PROJECT INC is 54-1771178.
- Is THE LEGACY PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE LEGACY PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE LEGACY PROJECT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE LEGACY PROJECT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE LEGACY PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of THE LEGACY PROJECT INC?
- The 990 for the year ended December 31, 2023 names Valeria Chambers.
- Who are the officers and directors of THE LEGACY PROJECT INC?
- The 990 for the year ended December 31, 2023 lists 17 people; 1 received compensation from the organization, the highest $16,540 (Ms Talea D Teasley, Executive Director).
- How much revenue does THE LEGACY PROJECT INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $57,462, expenses of $81,335 and total assets of $637,959 at year end.
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- ART JEWELRY FORUM EIN 94-3363896 · last filed 990 for 2024
- LYNCHBURG SYMPHONY ORCHESTRA INC EIN 52-1304854 · last filed 990 for 2025
- SOUTHERN MEMORIAL ASSOCIATION EIN 54-1737181 · last filed 990 for 2025
- VECTOR SPACE EIN 47-3633116 · last filed 990 for 2025
- RIVERVIEWS EIN 54-1736664 · last filed 990 for 2025
All nonprofits in LYNCHBURG · Virginia · Arts, culture and humanities