Shakori Hills Community Arts Center Inc

Analysis

Shakori Hills Community Arts Center Inc is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Shakori Hills Community Arts Center Inc reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $824k to $1.4m (+75%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 1267%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shakori Hills Community Arts Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Riverview Foundation ($1.4m), The Human Race Inc ($1.4m) and Bodyvox Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 86% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.1m against liabilities of $237k, net assets of $840k. It reported 2 employees.