Operating record

Davie County Arts Council

Mocksville, NC · EIN 58-0010229 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$186,658$173,293$13,3654.549%
2022$251,261$249,106$2,1553.336%
2023$260,344$281,902−$21,5582.232%
2024$270,496$273,949−$3,4532.333%

In its most recent public year (2024), this organization spent $3,453 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 4.5 in 2021. Staff pay was 33% 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 ↗