Cultural Voice of North Carolina Inc

Analysis

Cultural Voice of North Carolina Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 2002, 24 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, Cultural Voice of North Carolina Inc reported income of $51k and spending of $55k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $46k to $51k (+12%), an average of +12% a year. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Voice of North Carolina Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Irvine Korean Parent Association ($51k), Skopelos Foundation for the Arts ($51k) and International Harvester Collectors of Central Pa ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $42k against liabilities of $12k, net assets of $30k.