Arts, Culture & Humanities (A80Z) 990 on File

THE KORNERS FOLLY FOUNDATION

EIN: 56-1984048 · KERNERSVILLE, NC 27284-2737 · United States · FY 2025 Data

3 out of 5 52 / 100 Based on 2+ years of filings

Financial strength (30%) 70/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 10/18/2026

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CharityAI™ Score

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Financial Overview — FY 2025

$392K

Total Revenue

$562K

Total Expenses

$469K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.3%

Fundraising Efficiency 149.7%

Operating Reserve 10.00x

Liability-to-Asset 83.8%

Revenue Diversification 45.4%

Executive Compensation $64K

Compared with Peers

FY 2025

Compared with 8,038 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	76.3%	81.9%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	14.2%	13.8%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	9.5%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	149.7%	27.9%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	10.0 mo	9.5 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	83.8%	1.5%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	45.4%	77.8%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-64.2%	6.6%	P10P90
Expense growth Year over year expense growth	-70.5%	5.9%	P10P90
Surplus margin Surplus as a share of revenue	-43.4%	2.4%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$392K	$562K	$469K	76.3%	10
2024	$1.1M	$1.9M	$506K	94.0%	7
2023	$1.7M	$267K	$2.6M	60.7%	10
2022	$425K	$289K	$1.2M	62.7%	9
2021	$504K	$239K	N/A	—	8

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Organization Details

EIN: 56-1984048
State: NC
City: KERNERSVILLE
ZIP: 27284-2737
Classification: A80Z
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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