everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Arts Empowerment Project Inc

Charlotte, NC / EIN 45-4837497 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201463,73836,87826,86011.1
201562,11833,87928,23921.4
201770,60156,59514,00619.4
201884,65175,2609,39116.1
2019114,636120,503−5,8679.5
2020167,763120,06947,69414.3
2021217,182201,67015,5129.431%
2022288,366267,08921,2778.049%
2023286,962249,40337,55910.456%

In its most recent public year (2023), this organization brought in $37,559 more than it spent. Its reserves stood at about 10.4 months of spending. Staff pay was 56% of spending. $8,718 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 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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