North Raleigh Arts & Creative Theatre
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,944 | 107,624 | 21,320 | 3.2 | — |
| 2012 | 127,748 | 114,869 | 12,879 | 4.4 | — |
| 2013 | 123,328 | 138,982 | −15,654 | 2.3 | — |
| 2014 | 161,355 | 160,212 | 1,143 | 2.1 | — |
| 2015 | 207,257 | 188,381 | 18,876 | 2.9 | 10% |
| 2016 | 206,542 | 193,358 | 13,184 | 3.7 | 14% |
| 2017 | 241,947 | 191,635 | 50,312 | 6.9 | 18% |
| 2018 | 236,069 | 218,147 | 17,922 | 7.0 | 17% |
| 2019 | 266,090 | 233,718 | 32,372 | 8.8 | 18% |
| 2020 | 224,074 | 150,929 | 73,145 | 19.4 | 33% |
| 2021 | 125,121 | 73,398 | 51,723 | 48.4 | 24% |
| 2022 | 348,352 | 263,850 | 84,502 | 16.7 | 22% |
| 2023 | 358,095 | 345,738 | 12,357 | 13.2 | 21% |
| 2024 | 393,275 | 389,961 | 3,314 | 11.8 | 19% |
In its most recent public year (2024), this organization brought in $3,314 more than it spent. Its reserves stood at about 11.8 months of spending, up from 3.2 in 2011. Staff pay was 19% of spending. $81,178 of its net assets are donor-restricted.
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
North Raleigh Arts & Creative Theatre's IRS filings as a feed — one entry per filing year, through 2024. 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