Mission Delivery
Implementing programs and services supporting organizational mission
Historic site and living history museum preserving Moravian heritage and culture
About Organization
The organization operates a historic site and living history museum preserving the Moravian settlement of Salem and interpreting 18th and 19th century life and culture. Based in Winston-Salem, NC, the museum features restored buildings, gardens, and educational programs. With operations supporting historical preservation, the organization has protected Salem's heritage since 1950.
Mission Delivery
Implementing programs and services supporting organizational mission
Community Impact
Creating positive outcomes through programming and partnerships
Excellence
Maintaining effectiveness and sustainability
Form 990 data showing organizational financial health and growth.
Revenue (2024)
$7.7M
+17.3% vs 2022
Expenses (2024)
$6.4M
+21.7% vs 2022
Assets (2024)
$73.8M
+11.3% vs 2022
Employees (2024)
138
+17.9% vs 2022
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2024 | $7,683,432 | $6,391,535 | $73,818,193 | 138 |
| 2022 | $6,551,134 | $5,253,741 | $66,335,974 | 117 |
| 2021 | — | — | — | — |
| 2021 | $3,795,190 | $4,621,944 | $81,707,076 | 79 |
| 2020 | — | — | — | — |
| 2020 | $3,173,729 | $4,370,329 | $79,368,344 | 160 |
| 2019 | $7,485,880 | $6,472,083 | $77,533,232 | 187 |
| 2018 | $5,823,103 | $6,388,126 | $72,441,999 | 207 |
Source: IRS Form 990 filings. All figures in USD.
Develop initiatives addressing community needs and mission objectives
Deliver programs and services through staff networks
Connect with stakeholders and partners advancing goals
Evaluate outcomes ensuring programs achieve results
Services and programs offered by Old Salem Inc
Provides programs supporting organizational mission and serving community needs effectively
Provides services supporting organizational mission and serving community needs effectively
Provides initiatives supporting organizational mission and serving community needs effectively
Provides activities supporting organizational mission and serving community needs effectively
Meet the people behind Old Salem Inc.
2024
2024
Operating programs serving community
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2024)
$140K
Highest Paid
$140K
Terry Taylor
Compensated Officers
1
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Terry Taylor | President/Ce | $133,821 | $6,627 | $140,448 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Franklin Vagnone End 630 | President/Ce | $119,820 | $2,523 | $122,343 | 40 |
| Terry Taylor Beg 71 | President/Ce | $111,078 | $5,474 | $116,552 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| MR Frank Vagnone | PRES/CEO | $220,007 | $6,383 | $226,390 | 40 |
| Terry Taylor | Coo; Interim | $89,166 | $5,930 | $95,096 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| MR Frank Vagnone | PRES/CEO | $170,118 | $6,082 | $176,200 | 40 |
| MR Frank Vagnone | PRES/CEO | $170,118 | $6,082 | $176,200 | 40 |
| Terry Taylor | COO | $76,558 | $5,510 | $82,068 | 40 |
| Terry Taylor | COO | $76,558 | $5,510 | $82,068 | 40 |
| MR Robert Leath | V.P. Collect | $56,960 | $5,412 | $62,372 | 40 |
| MR Robert Leath | V.P. Collect | $56,960 | $5,412 | $62,372 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| MR Frank Vagnone | PRES/CEO | $155,996 | $5,881 | $161,877 | 40 |
| MR Robert Leath | V.P. Collect | $88,414 | $10,922 | $99,336 | 40 |
| Ken Buchanan | CFO | $58,268 | $6,342 | $64,610 | 40 |
| Terry Taylor | COO | $58,320 | $5,160 | $63,480 | 40 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.