AArts, Culture & HumanitiesEIN: 560587289· Ruling Year: 1950

Old Salem Incorporated

Winston Salem, North Carolina

AHealth Score
92A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org11.31×
Peer Median210.95×
💰
$7.1M
Total Revenue
📊
$6.1M
Total Expenses
🏦
$69.0M
Net Assets
📋
$973K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.8%
Year-over-year change (2022 → 2023)
Net Margin
+13.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.31
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,060,2628%$6,101,90716%$69,957,1345%
2022$6,551,13473%$5,253,74114%$66,335,97419%
2021$3,795,19020%$4,621,9446%$81,707,0763%
2020$3,173,72958%$4,370,32932%$79,368,3442%
2019$7,485,88029%$6,472,0831%$77,533,2327%
2018$5,823,10323%$6,388,1268%$72,441,9996%
2017$7,583,12423%$6,972,81011%$77,263,2245%
2016$6,141,99960%$7,797,7402%$73,561,1562%
2015$15,169,89985%$7,965,553$71,780,6542%
2014$8,191,59010%$7,964,3522%$73,259,578
2013$9,137,52146%$7,803,95926%$73,203,7494%
2012$6,271,15916%$6,185,23816%$70,579,0961%
2012$7,503,484$7,328,850$71,233,411

Frequently Asked Questions

What does Old Salem Incorporated do?

Old Salem Incorporated is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A540 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Old Salem Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Old Salem Incorporated has a score of 92/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Old Salem Incorporated generate?

Old Salem Incorporated reports $7.7M in annual revenue and holds $73.8M in total assets, based on IRS filings.

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