Womans Club Of Raleigh Inc
- Assets
- $1.3m
- Revenue
- $144.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 11/1959
- Data as of
- 05/2023
- EIN
- 56-6061486
Organization Overview
Womans Club Of Raleigh Inc is located in Raleigh, NC. The organization was established in 1959. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womans Club Of Raleigh 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 05/2023, Womans Club Of Raleigh Inc generated $144.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $306.0k during the year ending 05/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AND SUPPORT OUR COMMUNITY IN ARTS AND CULTURE, CIVIC ENGAGEMENT AND OUTREACH, EDUCATION AND LIBRARIES, ENVIRONMENT, AND HEALTH AND WELLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICE - CLUB MEMBERS ADDRESS THE EMERGING NEEDS OF THE CITY, COUNTY, AND STATE AND RESPOND QUICKLY TO CALLS FOR HELP.
COMMUNITY GRANTS - PROVIDES DIRECT FINANCIAL CONTRIBUTIONS TO ORGANIZATIONS IN THE RALEIGH COMMUNITY FOR SPECIFIC PROJECTS AND INCENTIVES.
SCHOLARSHIPS - THE CLUB OFFERS A VARIETY OF SCHOLARSHIPS TO DESERVING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Blankenhorn Financial Se | OfficerTrustee | 1 | $0 |
Ruth Boulter Memb. Ret. V | OfficerTrustee | 15 | $0 |
Margaret Broadwell Trustee Chai | Trustee | 10 | $0 |
Sara Brower Envir. Cocha | Trustee | 1 | $0 |
Carolyn Carruth Civic Engage | Trustee | 10 | $0 |
Virginia Clay Health/welln | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,704 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,021 |
| Noncash contributions included in lines 1a–1f | $10,522 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,725 |
| Total Program Service Revenue | $48,492 |
| Investment income | $21,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,939 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,938 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,000 |
| Grants and other assistance to domestic individuals. | $8,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $375 |
| Fees for services: Accounting | $8,594 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,842 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,107 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,881 |
| Insurance | $12,311 |
| All other expenses | -$31,424 |
| Total functional expenses | $305,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,588 |
| Savings and temporary cash investments | $90,415 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,867 |
| Net Land, buildings, and equipment | $471,836 |
| Investments—publicly traded securities | $746,593 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,338,299 |
| Accounts payable and accrued expenses | $15,231 |
| Grants payable | $0 |
| Deferred revenue | $16,180 |
| 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 | $0 |
| Total liabilities | $31,411 |
| Net assets without donor restrictions | $297,831 |
| Net assets with donor restrictions | $1,009,057 |
| 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 | $1,338,299 |