Arts, Culture & Humanities
(A56)
990 on File
NORTH CAROLINA RICE FESTIVAL INC
Financial strength (30%)
95/100
Reliability (20%)
45/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$113K
Total Revenue
$90K
Total Expenses
$65K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.1%
Fundraising Efficiency
N/A
Operating Reserve
8.65x
Liability-to-Asset
3.7%
Revenue Diversification
82.4%
Compared with Peers
FY 2024
Compared with 11,905 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2024.
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
|
81.1% | 82.6% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.7 mo | 16.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.4% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
10.3% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-20.1% | 1.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
20.1% | 9.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $113K | $90K | $65K | 81.1% | — |
| 2023 | $102K | $113K | $42K | 86.7% | — |
| 2022 | $92K | $61K | $51K | 81.0% | — |
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