AArts, Culture & HumanitiesEIN: 560599829· Ruling Year: 1957

Durham Arts Council Inc

Durham, North Carolina

A-Health Score
80A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.27×
Peer Median210.95×
💰
$2.6M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$665K
Net Assets
📋
$271K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.9%
Year-over-year change (2022 → 2023)
Net Margin
+7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.27
Net assets divided by total expenses
Liabilities-to-Assets
29.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,643,34417%$2,454,53021%$936,48238%
2022$2,260,6927%$2,022,0671%$676,9273%
2021$2,110,3683%$2,005,3676%$657,21816%
2020$2,053,5941%$2,137,1946%$566,0621%
2019$2,027,8799%$2,017,38610%$557,8405%
2018$2,237,7036%$2,243,7157%$530,9854%
2017$2,119,4897%$2,094,8687%$509,7353%
2016$1,976,252$1,966,8681%$524,8683%
2015$1,974,5334%$1,996,3204%$510,3745%
2014$1,901,9061%$1,919,0314%$487,0077%
2013$1,889,23717%$1,844,85214%$523,8321%
2012$1,615,0667%$1,620,7848%$520,0835%
2011$1,743,593$1,760,449$546,167

Frequently Asked Questions

What does Durham Arts Council Inc do?

Durham Arts Council Inc is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A26 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Durham Arts Council Inc financially healthy?

Based on our 9-metric Financial Health Score model, Durham Arts Council Inc has a score of 80/100 (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 Durham Arts Council Inc generate?

Durham Arts Council Inc reports $2.7M in annual revenue and holds $1.2M in total assets, based on IRS filings.

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