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

Lee County Arts & Community Center Inc

Sanford, NC / EIN 56-1939927 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201166,85299,115−32,263133.10%
201267,52491,863−24,339140.50%
201373,424103,737−30,313120.90%
201488,288114,647−26,359106.60%
2015105,743125,481−19,73895.50%
2016191,500122,36869,132104.70%
2017101,761164,619−62,85873.314%
2018120,697144,453−23,75681.524%
2019116,027166,388−50,36167.123%
2020117,942167,453−49,51163.222%
2021112,849155,231−42,38264.921%
2022108,959152,798−43,83962.524%
2023134,854193,874−59,02045.620%

In its most recent public year (2023), this organization spent $59,020 more than it brought in. Its reserves stood at about 45.6 months of spending, down from 133.1 in 2011. Staff pay was 20% of spending. $661,403 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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