Arts North Carolina Inc
- Assets
- $196.8k
- Revenue
- $289.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Raleigh, NC
- Founding
- 03/1982
- Data as of
- 06/2022
- EIN
- 23-7370520
Organization Overview
Arts North Carolina Inc is located in Raleigh, NC. The organization was established in 1982. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Arts North Carolina Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts North Carolina Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Arts North Carolina Inc generated $289.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $238.7k during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CULTURAL ARTS PROGRAMS OF ITS MEMBERS BY PROVIDING EDUCATIONAL INFORMATION AS WELL AS CONFERENCES AND WORKSHOPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE CULTURAL ARTS PROGRAMS OF ITS MEMBERS BY PROVIDING EDUCATIONAL INFORMATION AND PERIODIC CONFERENCES AND WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Mcgaha Executive Director | Officer | 40 | $103,814 |
Angie Hays Secretary | OfficerTrustee | 0.5 | $0 |
Sharon Moore Treasurer | OfficerTrustee | 0.5 | $0 |
Tim Scales Chair | OfficerTrustee | 0.5 | $0 |
Gilda Mcdaniel Past Chair | Trustee | 0.5 | $0 |
Dale Bartlett Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $125,660 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,251 |
| Total Program Service Revenue | $47,687 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,620 |
| Compensation of current officers, directors, key employees. | $9,962 |
| Compensation to disqualified persons | $4,194 |
| Other salaries and wages | $51,499 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $36,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,697 |
| Office expenses | $741 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,375 |
| All other expenses | $5,836 |
| Total functional expenses | $238,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $427 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $196,817 |
| Accounts payable and accrued expenses | $5,869 |
| Grants payable | $0 |
| Deferred revenue | $620 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,116 |
| Total liabilities | $14,605 |
| Net assets without donor restrictions | $182,212 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $196,817 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arts North Carolina Inc has recieved totaling $2,545.
| Awarding Organization | Amount |
|---|---|
Lawry Family Foundation Wellesley, MA PURPOSE: UNRESTRICTED | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
Association For Print Technologies Inc Franklin, TN | $5,247,559 | $1,238,108 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |
Capital Partners Certified Development Company Atlanta, GA | $1,705,565 | $2,198,742 |
Nashville Songwriters Association Intl Nashville, TN | $2,574,384 | $2,060,985 |
Association For Education In Journalism And Mass Communication Columbia, SC | $2,490,060 | $1,489,076 |
Apts Action Inc Arlington, VA | $1,654,751 | $1,588,794 |
Virginia Society Of The American Institute Of Architects Richmond, VA | $816,899 | $904,257 |