Nc Live Foundation
- Assets
- $85.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 10/2014
- Data as of
- 06/2024
- EIN
- 46-2196821
Organization Overview
Nc Live Foundation is located in Raleigh, NC. The organization was established in 2014. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NC Live Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, NC Live Foundation generated $39.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $28.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
THE NC LIVE FOUNDATION STRENGTHENS THE MISSION AND ACTIVITIES OF THE NC LIVE PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Bartels Chair | 0.5 | $0 | |
Michelle Underhill Vice Chair | 0.5 | $0 | |
Jennifer Sackett Vice Chair | 0.5 | $0 | |
Greg Raschke Secretarytreasurer | 0.5 | $0 | |
Jennifer Arnold Vice Chair | 0.5 | $0 | |
Claire Leverett Interim Exective Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,350 |
| Total Program Service Revenue | $3,127 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,477 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6 |
| Other expenses | $27,889 |
| Total expenses | $28,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,224 |
| Other assets | $0 |
| Total assets | $85,224 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,224 |