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CHARITY REVIEW
Issued: September 2024 Expires: September 2026

Peterson Dumesnil House Foundation

Accredited Charity
Accredited Charity

Meets Standards

301 S Peterson Ave
Louisville, KY, 40206-2540

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Peterson Dumesnil House Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
To preserve the Peterson Dumesnil House as a landmark, providing the neighborhood a sense of historic identity; to serve as a gathering place for Crescent Hill; to find economically viable uses for the house; and to maintain it for future generations.

Year, State Incorporated:
1982, KY

Also Known As:
Peterson-Dumesnil House Foundation, Inc.

The historic Peterson Dumesnil House is used by eight nonprofit organizations. It hosts many community events, such as National Night Out, Easter Egg Hunt, July 4th Festival, Dessert with the Mayor, Spirit of Crescent Hill Awards, Crescent Hill Garden Club Tour, Chili Night, Cupola Concerts (outdoor free music concerts), Holiday Open House, and more. The Peterson Dumesnil House Foundation defines success when the house and grounds are filled with people enjoying the property at a planned event or just using it as their own park space. It defines success when it can raise the funds needed to maintain the historic home. Many times, these projects are not visible enhancements (roofs, gutters, electrical, etc.) but necessary to ensure the house is maintained for future generations.

For the year ended December 31, 2023, Peterson Dumesnil House Foundation's program expenses were:

Program services $241,994
Total Program Expenses $241,994

Chair of the Board
Mr. Tony Kamber, Board President

Chair's Profession / Business Affiliation
Architectural Materials Group, LLC

Board Size
17

Paid Staff Size
1

Method(s) Used:
Direct mail appeals, Door-to-door solicitation, Grant proposals, Internet, Radio

% of Related Contributions on Fundraising: 0.00%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Peterson Dumesnil House Foundation's IRS Form 990 for the year ended December 31, 2023.

Source of Funds
Program service revenue (event rental and catering share) $54,594
All other contributions, gifts, grants $54,522
Gaming activities, net $28,223
Fundraising events, net $23,357
Investment income $2,912
Sales of inventory, net $-63
Sales of assets other than inventory $-8,576
Total Income $154,969

Programs: 100% Fundraising: 0% Administrative: 0%

Total Income $154,969
Total expenses: $241,994
  Program expenses $241,994
  Fundraising expenses $0
  Administrative expenses $0
  Other expenses $0
Income in Excess of Expenses $-87,025
Beginning Net Assets $1,590,253
Other Changes In Net Assets $57,366
Ending Net Assets $1,560,594
Total Liabilities $619
Total Assets $1,561,213
Total assets as reported above include $905,455 in property and equipment.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana