Carolina Art Association
Charleston, South Carolina
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,213,637↑88% | $4,484,062↑16% | $22,157,885↑18% | — |
| 2022 | $3,838,439↑4% | $3,867,286↑49% | $18,704,286 | — |
| 2021 | $3,674,900↑28% | $2,598,586↓10% | $18,630,559↑2% | — |
| 2020 | $2,864,390 | $2,898,365↓6% | $18,277,546↑2% | — |
| 2019 | $2,857,041↑13% | $3,070,243↑5% | $18,004,435↓1% | — |
| 2018 | $2,539,185↓19% | $2,924,381↓2% | $18,255,780↓3% | — |
| 2017 | $3,119,972↓50% | $2,971,358↑35% | $18,795,518↓13% | — |
| 2016 | $6,275,898↑21% | $2,193,125↓5% | $21,494,803↑69% | — |
| 2015 | $5,198,448↑32% | $2,303,262↑7% | $12,689,458↑39% | — |
| 2014 | $3,924,104↑54% | $2,148,729↑13% | $9,111,384↑25% | — |
| 2013 | $2,549,883↑11% | $1,907,049↑14% | $7,275,760↑14% | — |
| 2012 | $2,303,312↓46% | $1,670,326 | $6,361,477↓1% | — |
| 2011 | $4,264,956 | $1,667,385 | $6,440,389 | — |
Frequently Asked Questions
What does Carolina Art Association do?▼
Carolina Art Association is a arts, culture & humanities nonprofit organization based in South Carolina. It is classified under NTEE code A24Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Carolina Art Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Carolina Art Association 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 Carolina Art Association generate?▼
Carolina Art Association reports $5.3M in annual revenue and holds $19.8M in total assets, based on IRS filings.
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