A — Arts, Culture & HumanitiesEIN: 560587289· Ruling Year: 1950

Old Salem Incorporated

Winston Salem, North Carolina

AHealth Score
92A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org11.31×
Peer Median210.95×
💰
$7.1M
Total Revenue
📊
$6.1M
Total Expenses
🏦
$69.0M
Net Assets
📋
$973K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.8%
Year-over-year change (2022 → 2023)
Net Margin
+13.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.31
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,060,262↑8%$6,101,907↑16%$69,957,134↑5%
2022$6,551,134↑73%$5,253,741↑14%$66,335,974↓19%
2021$3,795,190↑20%$4,621,944↑6%$81,707,076↑3%
2020$3,173,729↓58%$4,370,329↓32%$79,368,344↑2%
2019$7,485,880↑29%$6,472,083↑1%$77,533,232↑7%
2018$5,823,103↓23%$6,388,126↓8%$72,441,999↓6%
2017$7,583,124↑23%$6,972,810↓11%$77,263,224↑5%
2016$6,141,999↓60%$7,797,740↓2%$73,561,156↑2%
2015$15,169,899↑85%$7,965,553$71,780,654↓2%
2014$8,191,590↓10%$7,964,352↑2%$73,259,578
2013$9,137,521↑46%$7,803,959↑26%$73,203,749↑4%
2012$6,271,159↓16%$6,185,238↓16%$70,579,096↓1%
2012$7,503,484$7,328,850$71,233,411

Frequently Asked Questions

What does Old Salem Incorporated do?▼

Old Salem Incorporated is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A540 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Old Salem Incorporated financially healthy?▼

Based on our 9-metric Financial Health Score model, Old Salem Incorporated has a score of 92/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Old Salem Incorporated generate?▼

Old Salem Incorporated reports $6.0M in annual revenue and holds $78.2M in total assets, based on IRS filings.

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