AArts, Culture & HumanitiesEIN: 560623948· Ruling Year: 1940

Penland School Of Craft

Penland, North Carolina

AHealth Score
85A

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 Org8.13×
Peer Median210.95×
💰
$8.9M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$72.8M
Net Assets
📋
$4.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.4%
Year-over-year change (2022 → 2023)
Net Margin
-0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.13
Net assets divided by total expenses
Liabilities-to-Assets
5.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$8,885,1238%$8,959,63714%$77,304,858
2022$8,195,41711%$7,834,33221%$77,347,9047%
2021$7,363,6136%$6,484,45912%$83,487,41520%
2020$6,950,81981%$7,388,1384%$69,671,1386%
2019$35,897,713369%$7,089,58411%$73,740,10854%
2018$7,648,2579%$6,390,7393%$47,925,7605%
2017$8,385,9098%$6,578,9445%$45,436,6355%
2016$7,763,47014%$6,238,5225%$43,122,3221%
2015$9,052,72021%$5,922,8535%$42,734,05811%
2014$7,454,58320%$5,652,1022%$38,458,8267%
2013$9,370,42536%$5,567,8008%$35,775,70219%
2012$6,869,703$5,173,482$30,010,777

Frequently Asked Questions

What does Penland School Of Craft do?

Penland School Of Craft is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Penland School Of Craft financially healthy?

Based on our 9-metric Financial Health Score model, Penland School Of Craft has a score of 85/100 (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 Penland School Of Craft generate?

Penland School Of Craft reports $8.7M in annual revenue and holds $79.7M in total assets, based on IRS filings.

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