Green Hill Center for NC Art

Analysis

Green Hill Center for NC Art is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in March 1977, 49 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Green Hill Center for NC Art reported income of $398k and spending of $470k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $648k to $398k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Green Hill Center for NC Art sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include San Anto Cultural Arts Inc ($398k), Central Wisconsin Symphony Orchestra Inc ($398k) and Winchester Council for the Arts Inc ($398k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $58k (12% of expenses). Other salaries and wages came to $246k. At year end it held assets of $531k against liabilities of $61k, net assets of $470k. It reported 20 employees.