North Carolina Theatre Conference

Analysis

North Carolina Theatre Conference is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 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, North Carolina Theatre Conference reported income of $341k and spending of $317k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $217k to $341k (+58%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Theatre Conference sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Shreveport Multicultural Center Inc ($341k), Massachusetts Design Art & Technology Institute Inc ($341k) and Center Stage Inc ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $99k (31% of expenses). Other salaries and wages came to $82k. At year end it held assets of $293k against liabilities of $97k, net assets of $196k. It reported 4 employees.