North Carolina Azalea Festival Wilmington Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,229,080 | 1,199,271 | 29,809 | 8.1 | 5% |
| 2012 | 1,166,782 | 1,190,577 | −23,795 | 7.9 | 7% |
| 2013 | 1,684,508 | 1,788,390 | −103,882 | 4.6 | 5% |
| 2014 | 1,987,197 | 2,352,682 | −365,485 | 1.6 | 6% |
| 2015 | 1,924,765 | 1,908,669 | 16,096 | 2.9 | 8% |
| 2016 | 2,615,587 | 2,333,986 | 281,601 | 3.8 | 8% |
| 2017 | 2,016,900 | 2,671,155 | −654,255 | 0.4 | 7% |
| 2018 | 1,956,077 | 1,924,958 | 31,119 | 0.7 | 7% |
| 2019 | 2,018,671 | 2,114,633 | −95,962 | 0.1 | 6% |
| 2020 | 101,383 | 391,391 | −290,008 | -8.4 | 36% |
| 2021 | 2,111,510 | 1,843,076 | 268,434 | -0.0 | 5% |
| 2022 | 2,061,243 | 2,109,660 | −48,417 | -0.3 | 6% |
| 2023 | 3,419,388 | 1,679,175 | 1,740,213 | 12.1 | 11% |
In its most recent public year (2023), this organization brought in $1,740,213 more than it spent. Its reserves stood at about 12.1 months of spending, up from 8.1 in 2011. Staff pay was 11% 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
North Carolina Azalea Festival Wilmington Inc'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