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

Arts Based School

Rutherfordton, NC / EIN 56-2160330 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20112,477,8152,523,423−45,6083.554%
20122,527,0572,499,85427,2033.758%
20132,873,9352,720,681153,2544.156%
20143,620,2323,446,596173,6363.852%
20154,084,1433,561,256522,8873.454%
20164,146,0743,786,836359,2384.353%
20174,515,2644,452,94062,3243.853%
20184,303,2534,774,131−470,878-12.647%
20194,762,8464,750,67112,175-12.754%
20204,722,8755,202,000−479,125-12.751%
20215,724,1905,137,615586,575-11.454%
20225,874,0655,369,376504,689-9.859%
20236,492,4916,603,683−111,192-8.252%
20247,392,2607,857,471−465,211-7.646%

In its most recent public year (2024), this organization spent $465,211 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.6 months), down from 3.5 in 2011. Staff pay was 46% 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 2024. 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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