North Carolina Fourth Of July Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 93,180 | 88,997 | 4,183 | 1.1 | 0% |
| 2012 | 96,211 | 87,141 | 9,070 | 2.4 | 0% |
| 2013 | 110,052 | 97,576 | 12,476 | 3.7 | 0% |
| 2014 | 125,158 | 112,912 | 12,246 | 4.5 | 0% |
| 2015 | 108,050 | 108,685 | −635 | 4.6 | 0% |
| 2016 | 97,533 | 108,862 | −11,329 | 3.3 | 0% |
| 2017 | 126,231 | 107,310 | 18,921 | 5.5 | 0% |
| 2018 | 137,659 | 110,926 | 26,733 | 8.2 | — |
| 2019 | 128,636 | 121,320 | 7,316 | 8.2 | — |
| 2021 | 47,512 | 64,261 | −16,749 | 7.2 | — |
| 2022 | 167,429 | 134,481 | 32,948 | 6.4 | — |
| 2023 | 155,865 | 132,925 | 22,940 | 8.5 | — |
In its most recent public year (2023), this organization brought in $22,940 more than it spent. Its reserves stood at about 8.5 months of spending, up from 1.1 in 2011.
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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