North Carolina Folklife Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 167,506 | 184,437 | −16,931 | 6.7 | — |
| 2013 | 136,821 | 147,905 | −11,084 | 7.4 | — |
| 2014 | 111,141 | 165,725 | −54,584 | 2.7 | — |
| 2015 | 133,223 | 156,113 | −22,890 | 1.1 | — |
| 2016 | 106,179 | 118,775 | −12,596 | 0.1 | — |
| 2017 | 86,459 | 88,031 | −1,572 | 0.4 | — |
| 2018 | 24,931 | 31,250 | −6,319 | -1.4 | — |
| 2019 | 43,657 | 34,844 | 8,813 | 1.8 | — |
| 2020 | 61,405 | 52,892 | 8,513 | 2.2 | — |
| 2022 | 76,563 | 76,340 | 223 | 1.9 | — |
| 2023 | 113,483 | 96,039 | 17,444 | 3.8 | — |
In its most recent public year (2023), this organization brought in $17,444 more than it spent. Its reserves stood at about 3.8 months of spending, down from 6.7 in 2012.
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 2023. 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
North Carolina Folklife Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works