AArts, Culture & HumanitiesEIN: 561984048· Ruling Year: 1997

The Korners Folly Foundation

Kernersville, North Carolina

B+Health Score
73B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org9.62×
Peer Median210.95×
💰
$1.7M
Total Revenue
📊
$267K
Total Expenses
🏦
$2.6M
Net Assets
📋
$6K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+293.4%
Year-over-year change (2022 → 2023)
Net Margin
+84.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.62
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,671,982293%$266,7868%$2,572,059120%
2022$424,98916%$288,97121%$1,167,74913%
2021$504,00314%$239,23933%$1,029,62530%
2020$588,19193%$354,77732%$791,55549%
2019$303,98624%$267,94511%$529,8327%
2018$400,66381%$240,9402%$492,93448%
2017$221,02016%$236,74540%$333,9725%
2016$190,6878%$169,42344%$350,3817%
2015$206,42859%$304,79236%$328,25823%
2014$500,73662%$475,127110%$425,7994%
2012$308,84170%$226,47225%$409,31925%
2011$181,533$181,276$327,053

Frequently Asked Questions

What does The Korners Folly Foundation do?

The Korners Folly Foundation is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Korners Folly Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Korners Folly Foundation.

How much revenue does The Korners Folly Foundation generate?

The Korners Folly Foundation reports $1.1M in annual revenue and holds $3.0M in total assets, based on IRS filings.

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