Charity Search / WESTERN NORTH CAROLINA HISTORICAL ASSOCIATION INCORPORATION
Arts, Culture & Humanities (A82Z) 990 on File

WESTERN NORTH CAROLINA HISTORICAL ASSOCIATION INCORPORATION

EIN: 23-7348133 · ASHEVILLE, NC 28801-4817 · United States · FY 2025 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$220K
Total Revenue
$211K
Total Expenses
$3.6M
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.5%
Fundraising Efficiency 429.6%
Operating Reserve 202.86x
Liability-to-Asset 0.1%
Revenue Diversification 67.3%
Executive Compensation $65K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.5% 81.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.9% 13.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.7% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
429.6% 27.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
202.9 mo 9.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 1.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
67.3% 77.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
25.1% 6.7%
P10P90
Expense growth
Year over year expense growth
-31.1% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
4.1% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $220K $211K $3.6M 78.5% 6
2024 $176K $307K $3.5M 87.5% 4
2023 $193K $372K $3.6M 90.1% 2
2022 $248K $314K $3.8M 89.1% 4
2021 $2.1M $157K N/A 3
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Organization Details
EIN
23-7348133
State
NC
City
ASHEVILLE
ZIP
28801-4817
Classification
A82Z
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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