Charlotte Assembly is located in Charlotte, NC. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Assembly is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2023, Charlotte Assembly generated $188.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $300.3k during the year ending 01/2023. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB
Describe the Organization's Program Activity:
Part 3
ANNUAL DEBUTANTE BALL AND RELATED ACTIVITIES.
COMMUNITY OUTREACH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Lathrop President | 1 | $0 | |
Elizabeth Bivens Past President | 1 | $0 | |
Beth Bowen President Elect | 1 | $0 | |
Leslie Wickham Treasurer | 1 | $0 | |
Ashleigh White Asst Treasurer | 1 | $0 | |
Amy Fonville Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $188,686 |
| Investment income | $97 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,783 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,072 |
| Other expenses | $286,741 |
| Total expenses | $300,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,791 |
| Other assets | $0 |
| Total assets | $215,791 |
| Total liabilities | $0 |
| Net assets or fund balances | $215,791 |