Winston-salem Delta Fine Arts Incorporated is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 1973, with $270,718 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$271K
▲ 38.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$261K
Net assets
$501K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Winston-salem Delta Fine Arts Incorporated— 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 Winston-salem Delta Fine Arts Incorporated: 23 mo reserves · +4% margin earns a A 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 Winston-salem Delta Fine Arts Incorporated— 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 Winston-salem Delta Fine Arts Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $71K (FY2013) to $271K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
3.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$521K
Total liabilities
$20K
Net assets
$501K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $270,718▲38.0% | $260,650▲19.1% | $500,832▲2.8% | $520,964▼4.7% | 990 |
| 2022 | $196,147▲48.6% | $218,774▲101% | $487,239▼4.1% | $546,439▼3.0% | 990 |
| 2021 | $131,974▲23.3% | $109,085▲46.6% | $508,264▲4.0% | $563,302▲3.2% | 990 |
| 2020 | $107,015▲74.4% | $74,397▲21.7% | $488,717▲9.7% | $545,918▲20.3% | 990 |
| 2019 | $61,368▼35.3% | $61,111▼40.7% | $445,612▼13.2% | $453,922▼13.1% | 990EZ |
| 2014 | $94,904▲34.5% | $103,008▲23.2% | $513,226▼1.6% | $522,247▼1.7% | 990 |
| 2013 | $70,553 | $83,611▼43.6% | $521,330▼2.4% | $531,236▼1.7% | 990 |
| 2012 | — | $148,192 | $534,388 | $540,672 | 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.
3 grants to Winston-salem Delta Fine Arts Incorporated totaling $92K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Winston-salem Foundation | 3 grant(s) for varying purposes | 2024 | $21,710 |
| Winston-salem Foundation | 8 grant(s) for varying purposes | 2023 | $63,914 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2021 | $6,000 |
Explore more
Data for Winston-salem Delta Fine Arts Incorporated (EIN 23-7282952) 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.