North Carolina Theatre
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,432,242 | 3,668,538 | −236,296 | 2.3 | 43% |
| 2012 | 4,076,472 | 4,008,123 | 68,349 | 2.6 | 33% |
| 2013 | 4,094,894 | 4,289,301 | −194,407 | 2.2 | 37% |
| 2014 | 3,788,244 | 3,532,402 | 255,842 | 3.5 | 42% |
| 2015 | 3,745,696 | 3,867,356 | −121,660 | 2.6 | 39% |
| 2016 | 4,777,063 | 3,866,484 | 910,579 | 5.8 | 33% |
| 2017 | 4,096,615 | 4,387,416 | −290,801 | 4.2 | 28% |
| 2018 | 4,625,713 | 5,159,610 | −533,897 | 1.4 | 28% |
| 2019 | 4,495,276 | 5,168,954 | −673,678 | 0.5 | 32% |
| 2020 | 1,830,229 | 2,601,012 | −770,783 | -2.0 | 47% |
| 2021 | 3,580,122 | 2,994,738 | 585,384 | 0.6 | 43% |
| 2022 | 3,493,103 | 4,331,424 | −838,321 | -2.6 | 39% |
In its most recent public year (2022), this organization spent $838,321 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), down from 2.3 in 2011. Staff pay was 39% of spending. $289,533 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 2022. 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 Theatre's IRS filings as a feed — one entry per filing year, through 2022. 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