Winston-Salem Delta Fine Arts Incorporated

Analysis

Winston-Salem Delta Fine Arts Incorporated is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Winston-Salem Delta Fine Arts Incorporated reported income of $196k and spending of $219k, spending 112% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $107k to $196k (+83%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Winston-Salem Delta Fine Arts Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include International Horn Society ($196k), Washington Hall Qalicb ($196k) and Friends of Mosaic Templars Cultural Center Inc ($196k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $28k (13% of expenses). Other salaries and wages came to $15k. At year end it held assets of $546k against liabilities of $59k, net assets of $487k. It reported 3 employees.