DEMOGRAPHIC
ADDRESS
PO BOX 37
28765
COUNTY
mitchell county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
PENLAND SCHOOL OF CRAFT is a based in PENLAND, NC, focused on Arts, Culture and Humanities causes . Established in December 1940, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $77,304,858.00, this ranks 12,927 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 301 out of 80,207 organizations in NC (Top 1%).
In mitchell county, NC, the organization ranks 1 out of 113 nonprofits by assets (Top 1%), while locally in penland, it stands at 1 among 4 organizations (Top 1%).
The organization reported annual revenue of $8,885,123.00, ranking 32,787 nationally (Top 2%) and 754 in NC (Top 1%).
Within its specific NTEE classification (A250 - A: Arts, Culture and Humanities), which includes 251 similar organizations, PENLAND SCHOOL OF CRAFT ranks 5 in assets (Top 2%) and 9 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a March fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Private school
Other cultural or historical activities
School college trade school etc
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
11: School 170(b)(1)(A)(ii)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
04/2023
ACCOUNTING PERIOD
04
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$9,286,660.00
FORM 990 REVENUE AMOUNT
$8,885,123.00
RULING DATE
12/1940
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$77,304,858.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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