North Carolina Black Repertory Company Inc

Analysis

North Carolina Black Repertory Company Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 1983, 43 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 December 2023, North Carolina Black Repertory Company Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.1m (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 95% 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 Black Repertory Company Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Ifetayo Cultural Arts Academy Inc ($1.1m), Houston Architecture Foundation ($1.1m) and Raleigh Little Theatre ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $477k. At year end it held assets of $540k against liabilities of $41k, net assets of $499k. It reported 14 employees.