Arts North Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 154,538 | 157,922 | −3,384 | 0.1 | — |
| 2013 | 199,247 | 191,264 | 7,983 | 0.6 | — |
| 2014 | 194,730 | 185,580 | 9,150 | 1.2 | — |
| 2015 | 205,522 | 204,088 | 1,434 | 1.5 | 53% |
| 2016 | 214,526 | 216,627 | −2,101 | 0.9 | 58% |
| 2017 | 253,838 | 221,273 | 32,565 | 2.4 | 45% |
| 2018 | 233,512 | 238,140 | −4,628 | 1.7 | 53% |
| 2019 | 246,073 | 244,209 | 1,864 | 1.7 | 60% |
| 2020 | 258,082 | 235,459 | 22,623 | 3.0 | 63% |
| 2021 | 304,921 | 231,677 | 73,244 | 6.8 | 64% |
| 2022 | 289,688 | 238,653 | 51,035 | 9.2 | 63% |
| 2023 | 305,637 | 308,482 | −2,845 | 7.0 | 57% |
| 2024 | 309,851 | 302,094 | 7,757 | 7.4 | 60% |
In its most recent public year (2024), this organization brought in $7,757 more than it spent. Its reserves stood at about 7.4 months of spending, up from 0.1 in 2012. Staff pay was 60% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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