Woolly Worm Festival Of Banner Elk Nc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 157,126 | 78,711 | 78,415 | 12.0 | — |
| 2013 | 108,839 | 100,829 | 8,010 | 10.3 | — |
| 2014 | 105,495 | 85,531 | 19,964 | 14.9 | — |
| 2015 | 114,408 | 89,423 | 24,985 | 17.6 | — |
| 2016 | 131,791 | 131,990 | −199 | 9.5 | — |
| 2017 | 143,170 | 133,454 | 9,716 | 10.2 | — |
| 2018 | 88,011 | 115,304 | −27,293 | 9.0 | — |
| 2019 | 126,931 | 138,502 | −11,571 | 6.5 | — |
| 2020 | 18,348 | 15,068 | 3,280 | 62.2 | — |
| 2021 | 124,109 | 73,225 | 50,884 | 21.1 | — |
| 2022 | 157,553 | 199,421 | −41,868 | 5.2 | — |
| 2023 | 191,401 | 137,933 | 53,468 | 12.2 | — |
In its most recent public year (2023), this organization brought in $53,468 more than it spent. Its reserves stood at about 12.2 months 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 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
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