Green Hill Center For Nc Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 605,167 | 622,344 | −17,177 | 8.2 | 55% |
| 2012 | 662,371 | 657,108 | 5,263 | 7.9 | 53% |
| 2013 | 764,919 | 779,010 | −14,091 | 6.5 | 51% |
| 2014 | 875,720 | 783,416 | 92,304 | 7.8 | 50% |
| 2015 | 613,615 | 733,601 | −119,986 | 6.4 | 53% |
| 2016 | 740,247 | 728,956 | 11,291 | 6.6 | 50% |
| 2017 | 726,418 | 825,554 | −99,136 | 4.4 | 47% |
| 2018 | 783,529 | 735,457 | 48,072 | 5.7 | 54% |
| 2019 | 647,933 | 719,872 | −71,939 | 4.7 | 51% |
| 2020 | 535,457 | 632,998 | −97,541 | 5.2 | 51% |
| 2021 | 823,376 | 620,654 | 202,722 | 9.3 | 49% |
| 2022 | 406,836 | 301,959 | 104,877 | 20.3 | 45% |
| 2023 | 398,099 | 470,302 | −72,203 | 12.0 | 65% |
In its most recent public year (2023), this organization spent $72,203 more than it brought in. Its reserves stood at about 12 months of spending, up from 8.2 in 2011. Staff pay was 65% of spending. $101,086 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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