Historic Morganton Festival Inc
Morganton, North Carolina
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$331K
Total Revenue
๐
$294K
Total Expenses
๐ฆ
$120K
Net Assets
๐
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+32.1%
Year-over-year change (2022 โ 2023)
Net Margin
+11.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
2.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $331,333โ32% | $294,219โ20% | $122,516โ27% | |
| 2022 | $250,761โ155% | $244,394โ186% | $96,568โ24% | โ |
| 2021 | $98,436โ398% | $85,376โ103% | $77,707โ4% | โ |
| 2020 | $19,770โ94% | $42,079โ87% | $74,647โ17% | โ |
| 2019 | $322,801โ3% | $329,297โ23% | $89,797โ4% | โ |
| 2018 | $312,822โ1% | $268,793โ15% | $93,096โ83% | โ |
| 2017 | $316,833โ13% | $318,055โ9% | $50,858โ2% | โ |
| 2016 | $279,887โ11% | $290,640โ12% | $51,675โ13% | โ |
| 2015 | $314,242โ1% | $330,058โ5% | $59,101โ27% | โ |
| 2014 | $310,000โ7% | $348,618โ14% | $80,852โ31% | โ |
| 2013 | $334,902โ13% | $305,993โ17% | $117,920โ33% | โ |
| 2012 | $296,121โ2% | $261,133โ16% | $88,740โ81% | โ |
| 2011 | $289,547 | $312,257 | $49,007 | โ |
Frequently Asked Questions
What does Historic Morganton Festival Inc do?โผ
Historic Morganton Festival Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Historic Morganton Festival Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Historic Morganton Festival Inc.
How much revenue does Historic Morganton Festival Inc generate?โผ
Historic Morganton Festival Inc reports $335K in annual revenue and holds $167K in total assets, based on IRS filings.
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