Hillsborough Arts Council
Hillsborough, North Carolina
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$271K
Total Revenue
📊
$270K
Total Expenses
🏦
$70K
Net Assets
📋
$5K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+19.1%
Year-over-year change (2023 → 2024)
Net Margin
+0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
6.7%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $270,970↑19% | $270,493↑22% | $74,811 | |
| 2023 | $227,438↑18% | $221,648↓13% | $74,792↑8% | — |
| 2022 | $193,280↑32% | $253,323↑129% | $69,082↓29% | — |
| 2021 | $146,071↓26% | $110,855↓47% | $97,953↑55% | — |
| 2020 | $196,863↑3% | $207,589↑32% | $63,114↓17% | — |
| 2019 | $190,257↑46% | $156,672↑28% | $75,625↑62% | — |
| 2018 | $130,555↑16% | $122,651↑24% | $46,729↑14% | — |
| 2017 | $112,883↑27% | $99,055↓6% | $40,874↑56% | — |
| 2016 | $89,048↓11% | $105,648↑36% | $26,234↓40% | — |
| 2015 | $100,426↑56% | $77,953↑21% | $43,364↑120% | — |
| 2014 | $64,202↓14% | $64,359↓12% | $19,670↑13% | — |
| 2013 | $75,002↑185% | $73,408↑27% | $17,361↓4% | — |
| 2012 | $26,353↓70% | $57,587↓10% | $18,074↓63% | — |
| 2011 | $87,108 | $63,708 | $49,108 | — |
Frequently Asked Questions
What does Hillsborough Arts Council do?▼
Hillsborough Arts Council is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hillsborough Arts Council financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hillsborough Arts Council.
How much revenue does Hillsborough Arts Council generate?▼
Hillsborough Arts Council reports $285K in annual revenue and holds $85K in total assets, based on IRS filings.
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