Lee County Arts & Community Center Inc is a 501(c)(3) organization based in Sanford, North Carolina, registered in 1996, with $203,532 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$204K
▲ 23.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$215K
Net assets
$695K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lee County Arts & Community Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lee County Arts & Community Center Inc: 39 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lee County Arts & Community Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lee County Arts & Community Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $88K (FY2013) to $204K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-5.5%
Spent more than it raised in the latest fiscal year.
Total assets
$695K
Total liabilities
$0
Net assets
$695K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $203,532▲23.4% | $214,802▲10.0% | $694,679▼1.6% | $694,679▼1.6% | 990 |
| 2023 | $164,897▲22.3% | $195,259▲0.7% | $705,949▼4.1% | $705,949▼4.1% | 990 |
| 2022 | $134,854▲23.8% | $193,874▲26.9% | $736,311▼7.4% | $736,311▼7.4% | 990 |
| 2021 | $108,959▼3.4% | $152,798▼1.6% | $795,331▼5.2% | $795,331▼7.0% | 990 |
| 2020 | $112,849▼4.3% | $155,231▼7.3% | $839,170▼4.8% | $854,783▼3.9% | 990 |
| 2019 | $117,942▲1.7% | $167,453▲0.6% | $881,552▼5.3% | $889,467▼4.5% | 990 |
| 2018 | $116,027▼3.9% | $166,388▲15.2% | $931,063▼5.1% | $931,063▼5.1% | 990 |
| 2017 | $120,697▲18.6% | $144,453▼12.3% | $981,424▼2.4% | $981,424▼2.4% | 990 |
| 2016 | $101,761▼46.9% | $164,619▲34.5% | $1,005,180▼5.9% | $1,005,180▼5.9% | 990 |
| 2015 | $191,500▲81.1% | $122,368▼2.5% | $1,068,038▲6.9% | $1,068,038▲6.9% | 990 |
| 2014 | $105,743▲19.8% | $125,481▲9.4% | $998,906▼1.9% | $998,917▼1.9% | 990 |
| 2013 | $88,288 | $114,647▲10.5% | $1,018,644▼2.5% | $1,018,644▼2.5% | 990 |
| 2012 | — | $103,737 | $1,045,003 | $1,045,003 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Lee County Arts & Community Center Inc totaling $24K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $17,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,000 |
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Data for Lee County Arts & Community Center Inc (EIN 56-1939927) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.