John C Campbell Folk School
- Assets
- $20.5m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 84
- Location
- Brasstown, NC
- Founding
- 08/1943
- Data as of
- 12/2021
- EIN
- 56-0552780
Organization Overview
John C Campbell Folk School is located in Brasstown, NC. The organization was established in 1943. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, John C Campbell Folk School employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John C Campbell Folk School 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 12/2021, John C Campbell Folk School generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOLK SCHOOL TRANSFORMS LIVES, BRINGING PEOPLE TOGETHER IN A NURTURING ENVIRONMENTFOR EXPERIENCES IN LEARNING AND COMMUNITY LIFE THAT SPARK SELF-DISCOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 THE FOLK SCHOOL PROVIDED 566 COURSES TO 2,857 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Jackson Executive Director | Officer | 40 | $145,888 |
Jess Austin Director | OfficerTrustee | 4 | $0 |
Able Allen President | OfficerTrustee | 1 | $0 |
Mary Ackerly Director | OfficerTrustee | 1 | $0 |
Joanna Haas Director | Trustee | 1 | $0 |
Forrest Oliphant Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,303,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,394,415 |
| Total Program Service Revenue | $2,446,753 |
| Investment income | $231,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,700 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,643 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $201,898 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,524,565 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,056,838 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $467,226 |
| Payroll taxes | $145,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,439 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,909 |
| Advertising and promotion | $281,730 |
| Office expenses | $254,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $177,422 |
| Travel | $163,640 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $336,511 |
| Insurance | $81,533 |
| All other expenses | $70,770 |
| Total functional expenses | $5,373,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,684,093 |
| Savings and temporary cash investments | $2,262,426 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $258,340 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $218,925 |
| Prepaid expenses and deferred charges | $47,775 |
| Net Land, buildings, and equipment | $4,668,114 |
| Investments—publicly traded securities | $10,301,747 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,708 |
| Total assets | $20,488,128 |
| Accounts payable and accrued expenses | $446,343 |
| Grants payable | $0 |
| Deferred revenue | $1,925,586 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $515,500 |
| Total liabilities | $2,887,429 |
| Net assets without donor restrictions | $16,182,001 |
| Net assets with donor restrictions | $1,418,698 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,488,128 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that John C Campbell Folk School has recieved totaling $434,375.
| Awarding Organization | Amount |
|---|---|
Margaret A Cargill Foundation Eden Prairie, MN PURPOSE: SUPPORT FOR FOLK ARTS AND CULTURES PROJECT | $400,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,400 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: ARTS, CULTURE & HUMANITIES | $6,500 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: ADVANCING THE ARTS | $6,100 |
Merkel Foundation Inc Brookfield, WI PURPOSE: CHARITABLE | $5,000 |
John M Hopwood Charitable Trust 3295 Pittsburgh, PA PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Suffolk Center For Cultural Arts Foundation Suffolk, VA | $18,737,592 | $3,812,474 |