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THE KORNERS FOLLY FOUNDATION

KERNERSVILLE, North Carolina, 27284

EIN: 56-1984048

Arts, Culture and Humanities

DEMOGRAPHIC

ADDRESS
413 S MAIN ST
27284
COUNTY
forsyth county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

THE KORNERS FOLLY FOUNDATION is a based in KERNERSVILLE, NC, focused on Arts, Culture and Humanities causes . Established in February 1997, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,572,059.00, this ranks 132,060 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 3,198 out of 80,207 organizations in NC (Top 4%).

In forsyth county, NC, the organization ranks 189 out of 3,233 nonprofits by assets (Top 6%), while locally in kernersville, it stands at 7 among 337 organizations (Top 2%).

The organization reported annual revenue of $1,671,982.00, ranking 94,368 nationally (Top 4%) and 2,442 in NC (Top 4%).

Within its specific NTEE classification (A80Z - A: Arts, Culture and Humanities), which includes 328 similar organizations, THE KORNERS FOLLY FOUNDATION ranks 16 in assets (Top 4%) and 3 in revenue (Top 1%).

The organization files a 990 (all other) or 990EZ return and operates on a August fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Historical site records or reenactment
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,676,706.00
FORM 990 REVENUE AMOUNT
$1,671,982.00
RULING DATE
02/1997
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,572,059.00
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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