Civic Intelligence

Historic Morganton Festival Inc

EIN 58-1371611 • 501(c)4 • Morganton, NC

Profile

Benefit and development of the city of morganton community

PO Box 1472Morganton, NC 28680
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

58th percentile

5.7%

Higher net margin than 58% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

81st percentile

20%

Faster asset growth than 81% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

-3.7%

Faster revenue growth than 46% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$146,513

Up $23,997 (+20%) from 2023

Liabilities

Up

$8,250

Up $5,711 (+225%) from 2023

Net Assets

Up

$138,263

Up $18,286 (+15%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin58th percentile

Revenue

Down

$318,977

Down $12,356 (-3.7%) from 2023

Expenses

Up

$300,691

Up $6,472 (+2.2%) from 2023

Net Income

Down

$18,286

Down $18,828 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $49,007Liabilities 2011: $433Net Assets 2011: $48,5742011Assets 2012: $88,740Liabilities 2012: $5,578Net Assets 2012: $83,1622012Assets 2013: $117,920Liabilities 2013: $4,180Net Assets 2013: $113,7402013Assets 2014: $80,852Liabilities 2014: $6,231Net Assets 2014: $74,6212014Assets 2015: $59,101Liabilities 2015: $195Net Assets 2015: $58,9062015Assets 2016: $51,675Liabilities 2016: $3,262Net Assets 2016: $48,4132016Assets 2017: $50,858Liabilities 2017: $3,667Net Assets 2017: $47,1912017Assets 2018: $93,096Liabilities 2018: $1,875Net Assets 2018: $91,2212018Assets 2019: $89,797Liabilities 2019: $5,072Net Assets 2019: $84,7252019Assets 2020: $74,647Liabilities 2020: $12,000Net Assets 2020: $62,6472020Assets 2021: $77,707Liabilities 2021: $2,000Net Assets 2021: $75,7072021Assets 2022: $96,568Liabilities 2022: $13,705Net Assets 2022: $82,8632022Assets 2023: $122,516Liabilities 2023: $2,539Net Assets 2023: $119,9772023Assets 2024: $146,513Liabilities 2024: $8,250Net Assets 2024: $138,2632024

Highlighted filing

2024

Assets$146,513
Liabilities$8,250
Net Assets$138,263
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $289,547Expenses 2011: $312,257Net Income 2011: -$22,7102011Revenue 2012: $296,121Expenses 2012: $261,133Net Income 2012: $34,9882012Revenue 2013: $334,902Expenses 2013: $305,993Net Income 2013: $28,9092013Revenue 2014: $310,000Expenses 2014: $348,618Net Income 2014: -$38,6182014Revenue 2015: $314,242Expenses 2015: $330,058Net Income 2015: -$15,8162015Revenue 2016: $279,887Expenses 2016: $290,640Net Income 2016: -$10,7532016Revenue 2017: $316,833Expenses 2017: $318,055Net Income 2017: -$1,2222017Revenue 2018: $312,822Expenses 2018: $268,793Net Income 2018: $44,0292018Revenue 2019: $322,801Expenses 2019: $329,297Net Income 2019: -$6,4962019Revenue 2020: $19,770Expenses 2020: $42,079Net Income 2020: -$22,3092020Revenue 2021: $98,436Expenses 2021: $85,376Net Income 2021: $13,0602021Revenue 2022: $250,761Expenses 2022: $244,394Net Income 2022: $6,3672022Revenue 2023: $331,333Expenses 2023: $294,219Net Income 2023: $37,1142023Revenue 2024: $318,977Expenses 2024: $300,691Net Income 2024: $18,2862024

Highlighted filing

2024

Revenue$318,977
Expenses$300,691
Net Income$18,286
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$146,513
Liabilities
$8,250
Net assets
$138,263
Revenue
$318,977
Expenses
$300,691
Net income
$18,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.08$1.38$3.19$3.01$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.03$1.20$3.31$2.94$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.14$0.83$2.51$2.44$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.02$0.76$0.98$0.85$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.12$0.63$0.20$0.42$0.22
2019Summary only. Only limited summary data is available for this year.$0.90$0.05$0.85$3.23$3.29$0.06
2018Summary only. Only limited summary data is available for this year.$0.93$0.02$0.91$3.13$2.69$0.44
2017Summary only. Only limited summary data is available for this year.$0.51$0.04$0.47$3.17$3.18$0.01
2016Summary only. Only limited summary data is available for this year.$0.52$0.03$0.48$2.80$2.91$0.11
2015Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$3.14$3.30$0.16
2014Summary only. Only limited summary data is available for this year.$0.81$0.06$0.75$3.10$3.49$0.39
2013Summary only. Only limited summary data is available for this year.$1.18$0.04$1.14$3.35$3.06$0.29
2012Summary only. Only limited summary data is available for this year.$0.89$0.06$0.83$2.96$2.61$0.35
2011Summary only. Only limited summary data is available for this year.$0.49$0.00$0.49$2.90$3.12$0.23
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits