THE WEYMOUTH CENTER for the Arts & Humanities

2014-15 Annual Report

Dear Friends of Weymouth,

As I finish my last term on the Friends of Weymouth Board of Directors, I wish to thank everyone for their support and patience over the last six years. Rome wasn’t built in a day and it took years for all of us who have served to make Weymouth the exciting and vital organization it is today. I know unequivocally that Weymouth is in

good hands. A tsunami of efforts of volunteers and staff continues to gather momentum. Last year, the board realized Weymouth could not grow without an executive director who had business experience and the knowledge of Weymouth's history, mission and importance to the community and State. With the hiring of Abigail Dowd, whose family knew the Boyds and the property, Weymouth's stature and adherence to its mission has continued to grow. Since taking on this position, Abigail has promoted Weymouth throughout the area and across the State to Weymouth's benefit. Her dedication to Weymouth and her goal of instituting a cohesive plan for Weymouth's growth will see Weymouth into the future.

Three years ago we initiated efforts to bring those in hunt country and the Southern Pines equestrian community back to Weymouth where both started years ago with the Boyds. It is now our pleasure to welcome the Moore County Hounds back each season with a hunt beginning at the house where they first began under James and Jackson Boyd, and we regularly engage with the Southern Pines equestrian community to promote mutually beneficial preservation efforts and other programs. When the Longleaf Alliance - a national organization - met at Weymouth this year, many equestrians attended the forest management sessions along with Weymouth members and scientists from across the country. This event expanded the recognition and importance of Weymouth’s preservation efforts nationwide.

Our Cultural Landscape Report was completed and adopted to include a master plan that reflects the history of the Boyd's and how they used the grounds while they lived here. Future boards now have a permanent guide for any work on the property. The Board of Directors has recognized that as we preserve the history of the Boyds and the property, we receive more support as a result. The Board has clearly seen that preservation activities resonate with donors and community residents, shown by our ability to rehabilitate the barn and gatehouse as well as completely cover the costs of the Cultural Landscape report for which we are so thankful and appreciative.

The Writers-in-Residence Program has continued to expand with renewed interest and support from writers across the State. In fact, Our State magazine recently published a piece about Weymouth, written by a Writer-in-Residence who shared her productive experience.

One of the most gratifying accomplishments this year was the organization of a group of young people in the area who have joined Weymouth and are working to develop ways to bring other young people to Weymouth. We have long recognized that without a younger generation identifying with Weymouth, this important historic property will be lost. We welcome the "Young Affiliates" to Weymouth and look forward to their enjoyment and promotion of

Letter from the President

Weymouth as a historic site that belongs to the community. A rejuvenated Weymouth with a bright future is now a reality.

It is with great pride and appreciation that I thank Hope, Alex, and Abigail for all they have done to support me during my tenure and my sincere appreciation to all who have stepped forward, perhaps not quite willingly at first, to join the effort to bring Weymouth’s history into the present and beyond. Weymouth would not be what it is today without all the volunteers who have served since it’s organization in 1979. The community will not only continue to enjoy Weymouth’s natural beauty, but will also benefit from all that Weymouth undertakes now and in the future. This I know is true.

Suzanne DaughtridgePresident, Friends of Weymouth, Inc.

Dear members, donors, and friends,

I am pleased to present this year’s Annual Report, a mere snapshot of the hard work and dedication of our Board, volunteers, and staff, and the many things that we have accomplished together. In addition to the programs and projects that are presented here, we have worked successfully this year to improve communications between all committees, refocus on our mission, and strengthen our partnerships statewide and within our community.

Thank you all for your continued support this year, and welcome to the many new members and volunteers who are just discovering Weymouth. We have laid a strong foundation this year and there is a lot yet to do.

As Sam Ragan wrote in his poem Let Us Walk Into April, “Here we are just before the coming of April, when the whole world is new and each day is a beginning, a time of sunlight and splendor - come, let us walk into April.”

Abigail DowdExecutive Director

Letter from the D

irector

Perhaps no other single event at Weymouth exemplified Weymouth’s spirit and importance as a statewide treasure like the North Carolina Literary Hall of Fame Inductee ceremony, held in October. Over 300 attendees from around the state gathered to honor four poets, Betty Adcock, Ronald H.Bayes, Jaki Shelton Green, and Shelby Stephenson. It was overwhelming to hear so many herald Weymouth as a special, unparalleled place where writers and literary lovers feel at home.

Since the late 1970s, North Carolina writers have retreated to Weymouth to write for up to two weeks. By the end of June 2015, over 100 writers will have visited Weymouth. Beginning April 2015, monthly readings by writers-in-residence will be held and open to the public, renewing a tradition established by Sam Ragan.

In August 2014, Weymouth held the annual Write-On Camp for grades 3-5. Led by poet/editor Malaika Albrecht, poet John Amen and writer Karen Gilchrist, students learned poetry, fiction, nonfiction and songwriting.

Literary

“Before you could blink away erasure, beforeyou could wake wholly to the afternoon’scut flowers, the mirrors, the folded headlinesfrom Europe, a hand across your eyes—you might have guessed, almost,the longleaf pines around this housethe last of their thousand mile forest,light changing into future, the workings of lightbecome knowledge towards annihilation.And you might have seen us, strangers flickeringdark here, darker. And the whippoorwillpracticing a dying art.” - Betty Adcock, from “Written in a Country Mansion of the 1920’s Now Partially Restored as a Retreat for Poets,”

“Writing for the Weymouth [Moore County Writers’ Competition] is an ongoing theme in my English classes.  When given the choice of the various writing contests available to my students, they prefer to write for this one.  They like the freedom of not having to write to a theme, and the word count is high enough that they can develop their stories and poems.  Some students have even had to edit their stories down to fit the requirement -- they are that into writing their pieces.  They love seeing their stories in print in the booklet, and the financial incentive is an added bonus. As we write throughout the year, I encourage the students to submit stories, essays, and poems to me electronically for formatting and archiving into a collection point.  Each student is required to submit one piece to the contest, but many submit pieces to all three categories.  After the contest deadline, we start collecting for the next year!” - Cindy Carey, English teacher

2014 MO

ORE C

OU

NTY W

RITERS’ CO

MPETITIO

N

Weymouth Librarian: Dotty Starling

The Weymouth Library plays an important role in documenting the history of the Boyd House. What better way to get to know James Boyd and Katharine Lamont Boyd than to see what they read, both for leisurely pleasure and for pursing their intellectual interests?

The two main collections consist of roughly 2000 volumes originally belonging to James and Katharine, with supporting non-book materials. The original task of reconstructing and providing a descriptive listing has been completed, but time and funds are necessary more than ever in the ongoing work of protecting and preserving these old and valuable books and providing access to them and their contents.

Preservation materials, such as plastic covers and simple boxes for fragile books and dust jackets, pamphlet binders for small paperbound materials, and other items are purchased from Gaylord Archival Supply Company.

Many of James Boyd's books, identifiable by their book location labels, are scattered throughout the country. In 2013, Weymouth was able to purchase one of these volumes, James Joyce's Portrait of the Artist as a Young Man, for $60. This year, an antiques dealer in Wisconsin offered another former Boyd book; asking price was $3000 for a valuable 2 volume edition of Gogol's Dead Souls, and was not bought. Many other of these "lost" books may still surface.

The Librarian and Archivist collaborated this year to identify common areas of need, and to research museum software that would provide access to both collections from the same platform.

The decision was made to acquire, and budget approved for, PastPerfect 5.0, which will accommodate the needs of both Library and Archives, and later can include inventory of the house's furnishings and membership and contributor lists.

James Boyd Library

Weymouth Archivist: Mary Saulnier

The Weymouth Archives Room is in the middle of a much needed room renovation and technical update. We have moved all of our documents and artifacts to a secure location while we increase storage capability, make repairs, freshen up the surfaces and begin the process of updating our existing computer system.

We are lucky to be expanding on the digital preservation work undertaken by volunteers over the years. Through their hard work, important Boyd and Weymouth historical artifacts have been preserved. Our new updated system will build on this work while adding new capabilities. By year’s end, we will have a better search capability, more secure storage, easier access to documents, and online access to select materials. I encourage all of our friends to donate any Weymouth or Boyd memorabilia to this large and continued effort.

Weym

outh Archives

Top: The early hunt gathering at Weymouth. Above: James Boyd taking a nap in the field, 1903

Landscape Co-chairs: Norman Minery & Kathy Luckhaus

The Grounds and Gardens have continued to see improvement throughout the year, thanks to the hard work accomplished by our valued volunteers. The Co-Chairs, with the guidance of Glenn Bradley and Glenn Stach, continue to stress the importance of applying good management fundamentals to each project, resulting in tasks being accomplished properly, utilizing teamwork, and good communication skills. Plans may be implemented and documented throughout each step of the process.

The Cultural Landscape Report (CLR) Part II has been finalized and was approved by the Weymouth Board. Glenn Stach and Glenn Bradley have brought the Landscape Committee onboard nicely, thus allowing them to champion the plan with the entire Weymouth family. Jeff Adolphsen, the North Carolina State Historic Preservation Officer (SHPO), was presented with a draft of the CLR Part II. He was very impressed with the plan during his visit to the Weymouth Center, especially on how it addresses the management of the plan once it is implemented.

We continue to work with Sandhills Ecological Institute (SEI) via Tracy Rush, to manage vegetation on the grounds. They have provided us with funding each year to help us accomplish our goals. We have received a grant for 2015, and may receive additional funds to complete several additional projects later on in the year. Members of the Landscape Committee, along with Glenn Stach and Glenn Bradley, carefully surveyed the buildings and the serpentine wall to identify vegetation that was harming the structures. We are in the process of removing such vegetation, utilizing volunteers and contractors.

We continue to work with the Natural Resource Conservation Service (NRCS) via Kevin Williams, to manage the Wildlife Habitat Incentive Program (WHIP) by conducting brush management , utilizing spraying, prescribed burning and understory planting in the forest areas. Applied Sciences & Information Systems, Inc., via John Ward, has been contracted

Landscape Comm

ittee

to complete the burn which we hope will be completed by the Annual Meeting. Once the burn is completed, and as spring approaches, the understory planting will be completed, thus closing the existing grant and allowing Weymouth to reapply for additional grants.

During 2015, we will continue to make improvements to the landscape, making sure that each project that was completed is in good order before moving on to a new project. We hope to become better organized, and produce good documentation, so future generations can go forward with the plan in an orderly fashion. We will continue our outreach to the public with our talk and slideshow presentation, which was developed with the help of Kathryn Talton, in an attempt to gain the support of the community, either through volunteerism or financial funding. The major goal is to present the CLR Part II to the public so that they are properly informed of what is happening at Weymouth, and to obtain the funding to implement the plan.

In closing, we hope that each Weymouth team member is looking forward to the implementation of the CLR Part II, and is appreciative of all the good work that has already been done. The CLR Part II will be presented to the public in late April, early May. A date and venue are currently being secured and we will notify the membership as soon as possible.

We believe the future of Weymouth is bright and beautiful!

Left to Right: Long beds in June, Weymouth Dirt Gardeners Martha Parsons and Donna May

Weymouth Dirt Gardener Liaison: Susan Huston

The Weymouth Dirt Gardeners are a group of dedicated volunteer women and men who work on a regular basis throughout the year, usually on Tuesday and Friday mornings, to maintain the curtilage area directly surrounding the house, including the long beds, parterre beds, planters, cold frames, pool area, entry gates and close-in woodlands. These gardeners also manage the propagation area, which is a major source of plants for our annual plant sale that takes place in April. The profits from this sale support the purchase of gardening plants and products for the entire year with overage contributing to the general fund.

During the past year the gardeners have been working closely with the Landscape Committee to identify trouble spots and prepare for the implementation of the Cultural Landscape Report’s guidelines for the curtilage area. Our goal is to keep the gardens attractive and viable during this transition period.

Through the years, the gardeners have become more organized as a group with target projects and preplanned work days. They welcome anyone interested either in donating time to this effort or in contributing plant divisions and any garden related cast-off tools or ornaments for this year’s April 11th plant sale. Donations can be brought to the back of the house on Tuesday or Friday mornings, or special arrangements can be made by calling the office.

The gardeners welcome both walk-in volunteers and any group who may wish to donate an organized one-time hour or two to landscape maintenance. There is a job for everyone in this magnificent setting. The work that is accomplished ensures that the grounds provide the tended yet naturalistic background for outdoor parties and other functions that bring income to Weymouth. The gardeners are also willing to conduct tours of outdoor facilities and explain the vision for the future.

Dirt G

ardeners

There's a lot of "something special" about this place. Weymouth’s home and grounds welcome visitors with genuine beauty and charm in every season of the year. Always awe-inspiring with its peaceful serenity, it's wonderful for wandering the gardens and wilds or perching pensively under a tree or near a fountain. Whether attending an organized event or planned program or exploring on your own, Weymouth will nourish your soul!

- Weymouth visitor

Next page, left to right: Weymouth gardens; Sue Huston & Kathy Luckhaus; Larry Cohen; Lucy Meldrum, Linda Gibbs, Sue Huston, Dee Dee Forehand, Kathy Luckhaus, Martha Parsons, Louise Kamp; Donna May

THE WEYMOUTH DIRT GARDENERS

Building and Sites Chair: Libby Moodie

In keeping with our mission to conserve the James Boyd estate, the Building and Sites committee made major improvements to the Gate House and Barn this year, enabling us to increase our rental income.

A renovation of the Gate House included a new roof, repointing of the three chimneys with matching historic mortar, new heating and air duct system, and interior improvements. All work was completed in thirty days and we have secured a three year rental agreement with new tenants.

The Barn at Weymouth is one of the oldest barns in North Carolina, and its preservation is an important part of our mission and equestrian heritage. Under the advice and guidance of the N.C. State Historic Preservation Office, a new roof and interior repairs were made in 2013. A new tack room was also built and repairs made to the paddock fencing. While the barn is an ongoing project, we are pleased to have a new tenant with three horses and a pony.

The Gate House and Barn work totaled $32,000 in expenses and secured the Weymouth Center $2,700 a month in rental income with a three year contract. Expenses incurred by these projects were covered thanks to the generosity of a donor. All work on the barn was done under the guidance of the N.C. State Historic Preservation Office.

Building & Sites

House Chair: Andrea Wise-Leech

The Boyd House Committee is responsible for the painting inventory and placement of furnishings (acquiring, upgrading, disposing repairing, and replacing when necessary). These responsibilities shall be fulfilled with the preservation of the Boyd House as the priority. All suggestions for improvements to the interior can be relayed through Weymouth staff who relay them to the committee chair for consideration.

During the last twelve months, two wing chairs were reupholstered and another antique chair repaired. Two light fixtures and shades were also installed. Rugs for a writer’s room and bath were purchased.

A stainless steel island (used) was purchased for the kitchen. Four iron chairs for the terrace were also bought (second-hand) to begin the acquisition of a dozen similar ones to replace missing and broking ones matching the round iron tables.

The budget for the year is $1,500.

All the money used for the house improvements is derived from the biennial tag sale in November. Many furnishings are also sourced from the items donated for the sale.

The Writers-in-Residence continue to be very generous in their donations and approbation regarding the improvements made especially for them. Alex and Cindy, as always, are crucial allies in our effort to keep the Boyd House always looking its best.

A “Self-Guided Tour” of the house was recently finished and will soon be available for visitors who come without an appointment. Renewed and informative docent tours may also be scheduled.

Boyd House Com

mittee

The Writers-in-Residence porch, taken by writer Mary Seymour

Music Committee Co-chairs: Elaine Sills & Josiah Stevenson

Although the winter of 2014-15 was unusually cold and snowy in the Sandhills, the Great Room in Weymouth on Sunday afternoons was warm, full of beauty and lots of artistic fireworks. The Music Committee brought a variety of impeccably skilled musicians from around the state and the nation to perform in the highly acclaimed Chamber Music Concerts.

The 2014-2015 concert series included: Frederick Moyer, pianist; Aurora Musicalis; Zephyros Woodwind Quartet; Anthony Dean Griffey, tenor; Palmist Trio; and Dmitri Shteinberg, pianist.

In the last twelve months, the Great Room’s acoustics proved to be excellent under a wide variety of music making, from the Boylan Bridge Brass quintet’s full brass sounds to the beautiful keyboard production of fine solo pianists like Fred Moyer to the dynamic voice of Metropolitan Opera tenor Anthony Dean Griffey. North Carolina native Tony Griffey sang a program of songs from the Baroque period down to works by modern American composers Copland and Bernstein, and left the audience without a dry eye in “Over the Rainbow.” Once again, North Carolina Symphony (NCS) players were plentiful in the chamber ensembles such as Aurora Musicales, with NCS Concertmaster Brian Regan, Principal Clarinetist Jimmy Gilmore, and Associate Principal Cellist Elizabeth Bielman.

UNC School of the Arts also plays a major role in the Weymouth concerts. This year’s UNC-connected artists included Saxton Rose, Dmitri Shteinberg and Anthony Dean Griffey.”

The Music Committee continues to look for variety and depth in chamber concert presentations featuring the finest professional musicians in the region and beyond. To help achieve this goal in the 2014-15 concert season, the Committee was successful in identifying sponsors for every Weymouth Chamber Music Concert: Martha Parsons, Norris Hodgkins, James Williford, Rita DiNapoli, Vivian and Ralph Jacobson, Jane and Josiah Stevenson, and Elaine and Milton Sills. In addition, a special mail appeal for support of the concerts was mailed in September 2014 to all concert goers of record and past donors to Weymouth Music. The response was good, but our program with a total cost of approximately $22,000 is running at a $2,000 loss. The objective of the Committee is to have the concerts break-even without weakening the exceptional professional music making which has been recognized and praised locally and far beyond the Sandhills.

The concerts also received funding from the Arts Council of Moore County with funds from the North Carolina Arts Council, an agency of the

Music Com

mittee

Department of Cultural Resources, and the National Endowment for the Arts. Support was also received from the Moore County Unrestricted Endowment Fund administered by the North Carolina Community Foundation.

The 2015 Carols at Weymouth was graciously sponsored by The Pilot. The evening included the traditional reading of Luke's Christmas Story by Rev. Whitney Wilkinson of Cameron Presbyterian Church; "How the Grinch Stole Christmas" shared by Steve and Brenda Bouser with their young friend, Mia Martin and favorite poems and stories including James Boyd's Christmas 1942.

The Sandhills Community College Classical Guitar Ensemble directed by Ryan Book and the Sandhills Community College Choir directed by Jennifer Thomas presented Christmas carols in a variety of settings. The evening closed with the singing of Silent Night, another tradition established by Katharine Boyd when the community and The Pilot employees were invited to Carols at Weymouth.

The Young Musicians Festival, founded in the early 80s for young musicians in grades four through 12, will be held March 14 and 15. The purpose of the Festival is to provide music students the opportunity to perform for adjudicators whose areas of expertise include teaching, performing, composing, and master classes. Their comments are focused on building the technical and musical aspects in the student's performance area. Ralph and Vivian Jacobson, longtime supporters of the Chamber Music Concerts, are again sponsoring this annual event for the third year.

The 2015 festival adjudicators David Heid from Duke University and Dr. Fabian Lopez from the University of North Carolina at Greensboro.

Finally we extend warm and sincere thanks to everyone who supported our concerts this year and especially to our Music Committee members Sondra Nelson, Sue Aceves, Ralph Jacobson and Aaron Priest.

Authors in Moore Schools Committee Chair: Angie Tally

In 2014, Weymouth partnered with Angie Tally to expand a project that she launched called, “Authors in Moore Schools” (AIMS). AIMS began in 1994 with a seed planted by Joan Scott, then owner of The Country Bookshop, when she initiated the Angel Tree Project to provide books to needy Moore County students during the holiday season. This seed grew into a partnership between Moore County Schools, The Country Bookshop, and a number of major publishing houses to bring best selling authors into local schools.

The newest committee of Weymouth, AIMS aligns with our mission as a cultural center for educational and literary study and for the benefit of present and future generations. AIMS nurtures a connection between school, family, student, and the love of reading.

AIMS’ goal is to secure funds to one day be able to provide autographed books to every child who is not able to afford their own. Authors visit the school to speak to the children and sign their new books, which in many cases are the child’s first book. Already, Angie has brought AIMS to multiple schools and Head Start groups, and now as a Weymouth program, AIMS will expand to bring more books to more children.

Authors in M

oore Schools

“The goal of Authors in Moore Schools for 2015 is to provide books to each student to enhance author visits for one grade level of students in each Moore County Title 1 school.”

- Angie Tally, chair of Authors in Moore Schools

Women of Weymouth President: Rita DiNapoli

The membership of Women of Weymouth has been growing throughout the year. We are presently at 200 members and are grateful for the interest and participation we enjoy as a fundraising arm of the Friends of Weymouth Board of Directors.

During 2014-15 to date, our fundraising activities have brought in approximately $17,000. In August, we presented a trip around the islands of the Mediterranean with tapas and wine pairings from the region (image at right). This event featured wonderful food from Elliot’s on Linden and a silent auction. Approximately 100 people attended.

In September, a fall picnic was held on the grounds of Weymouth with a barbecue buffet and artisan beer from Southern Pines Brewery. There was folk and bluegrass music from local musicians. This is our annual “Supper on the Grounds” event which welcomes all the volunteers back to work for the fall season. Approximately 150 people attended.

WOW’s largest fundraiser of the year is Christmas House, the decorating and tour of Boyd House for the holiday season. Activities include a Preview Party Gala (image below), Christmas Carol Evening, and a Candlelight Wine & Cheese tour of the House. Daily tours are Thursday through Sunday, starting the week after Thanksgiving. This year’s event was called “Where the Treetops Glisten, a White Christmas at Weymouth.” This event was praised as the loveliest tour ever and was very well attended.

During the year, a coffee and monthly programs are enjoyed by our members and guests. Our programs are fun, entertaining and informative.

We have added more events to the schedule for the remainder of this year and next. Our new executive director is a welcome addition to our group and has been very supportive of our efforts, and brings fresh new ideas for raising funds.

We are looking forward to the “Strawberry Festival” in May. Our members and their guests enjoy a wonderful buffet lunch featuring seasonal strawberries prepared in both

savory and sweet dishes. All the food is prepared by the members and enjoyed in the beautiful springtime on the Weymouth grounds.

Everyone is cordially invited to all WOW events and monthly programs.

Wom

en of Weym

outh

OPERATING REVENUES: FISCAL YEAR 2013-14 Total: $389,192

OPERATING EXPENSES: FISCAL YEAR 2013-14 Total: $287,289

Financial

32%

13%10%

13%

10%

23%

RentalsContributionsContributions - Restricted LandscapeMembershipProgramsInvestment Income

1%5%3%

40%

3%

49%

Admin & FinanceMiscFacilities Investment ExpenseLandscape ProgramMarketing & Communications

OPERATING REVENUES: SEVEN MONTHS ENDING JANUARY 2015Total: $199,088

OPERATING EXPENSES: SEVEN MONTHS ENDING JANUARY 2015Total: $224,953

10%

8%

14%

43%

25%

RentalsContributionsMembershipProgramsInvestment Income

1%14%

2%

38%2%

43%

Admin & FinanceMiscFacilities Investment ExpenseLandscape Program*Marketing & Communications

*funded in 2013-14 with restricted contribution

STATEMENT OF FINANCE: FISCAL YEAR 2013-14

ASSETS

Current Assets

BB&T Checking 6,451.80

Petty Cash 200.00

First Bank 36,379.08

Total Checking Assets 43,030.88

Fixed Assets

Land 105,612.33

Buildings 213,518.99

Air Conditioner 36,157.21

Gate House 69,613.50

Boyd House Renovations 152,239.18

Furniture & Fixtures 5,975.20

Equipment & Machinery 34,204.40

Paintings, Books & Bust 36,355.37

Other Fixed Assets 17,653.73

Less Accumulated Depreciation -56,251.03

Total Fixed Assets 615,078.88

Other Assets

NC Community Foundation (NCCF) 115,253.54

NCCF - Unrealized Gain or Loss 16,741.70

Total NCCF 131,995.24

Davenport & Company (DC) 564,639.50

DC - Unrealized Gain or Loss 172,535.26

Total Investments 737,174.76

Total Other Assets 869,170.00

TOTAL ASSETS 1,527,279.76

LIABILITIES & EQUITY

Liabilities

Payroll Liabilities

FICA Tax Withheld 591.43

Medicare Tax Withheld 138.31

Federal Tax Withheld 754.00

State Withholding Tax 354.00

Accrued FICA Tax 591.43

Accrued Medicare Tax 138.31

IRA Contribution - Employee 1,495.06

IRA Contribution - Company 286.18

Total Liabilities 4,348.72

Equity

Permanently Rest. Net Assets 121,210.25

Unrestricted Net Assets 1,299,817.30

Net Income 101,903.49

Total Equity 1,522,931.04

TOTAL LIABILITIES 1,527,279.76

STATEMENT OF FINANCE: SEVEN MONTHS ENDING JANUARY 2015

ASSETS

Current Assets

BB&T Checking 20,630.89

Petty Cash 200.00

First Bank 79,572.29

Total Checking Assets 100,403.18

Other Current Assets 39.26

Fixed Assets

Land 105,612.33

Buildings 213,518.99

Air Conditioner 36,157.21

Gate House 69,613.50

Boyd House Renovations 152,239.18

Furniture & Fixtures 5,975.20

Equipment & Machinery 37,557.40

Paintings, Books & Bust 36,355.37

Other Fixed Assets 17,653.73

Less Accumulated Depreciation -58,422.34

Total Fixed Assets 616,260.57

Other Assets

NC Community Foundation (NCCF) 115,253.54

NCCF - Unrealized Gain or Loss 16,741.70

Total NCCF 131,995.24

Davenport & Company (DC) 531,146.83

DC - Unrealized Gain or Loss 147,488.94

Total Investments 678,635.77

Total Other Assets 810,631.01

TOTAL ASSETS 1,527,334.02

LIABILITIES & EQUITY

Liabilities

Payroll Liabilities

FICA Tax Withheld 599.71

Medicare Tax Withheld 140.25

Federal Tax Withheld 766.00

State Withholding Tax 360.00

Accrued FICA Tax 599.71

Accrued Medicare Tax 140.25

IRA Contribution - Employee 1,502.50

IRA Contribution - Company 290.18

Total Liabilities 4,398.60

Equity

Permanently Rest. Net Assets 131,995.49

Temporarily Rest. Net Assets 36,729.22

Unrestricted Net Assets 1,354,206.33

Net Income 4.38

Total Equity 1,522,935.42

TOTAL LIABILITIES 1,527,334.02

Board of DirectorsSuzanne Daughtridge, PresidentRita DiNapoli, SecretaryKea CapelShane EnglishLois HoltSusan HustonJoanne KilpatrickNorman MineryLibby MoodieRay Owen, Vice PresidentDominick Pagnotta, Vice PresidentRandall Phillips, TreasurerMary SaulnierJosiah StevensonKathryn TaltonAndrea Wise Leech

Honorary DirectorsNorris HodgkinsTalmadge RaganJo WilkinsonDavid Woronoff

StaffAbigail Dowd, Executive DirectorAlex Klalo, Property ManagerHope Price, AdministratorCindy Ross, Housekeeper

Committee ChairsArts & Humanities, Andrea Wise LeechArchives, Mary Saulnier Authors in Moore County, Angie TallyBoyd House Preservation, Andrea Wise LeechBuilding, Libby MoodieDirt Gardeners, Susan HustonFinance, Randall PhillipsLandscape, Norman Minery & Kathy LuckhausLibrary, Dotty StarlingLiterary, Lois HoltMembership, Talmadge RaganMusic, Elaine Sills & Josiah StevensonNominating, Ray OwenPublicity, Kathryn TaltonWriters’ Competition, Kathryn TaltonWriters-in-Residence, Katrina DenzaWomen of Weymouth, Rita DiNapoliYoung Affiliates, Schuyler Schulman

Leadership