AArts, Culture & HumanitiesEIN: 562093546· Ruling Year: 2000

The Bascom Corporation

Highlands, North Carolina

AHealth Score
87A

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 Org6.76×
Peer Median210.95×
💰
$2.6M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$12.0M
Net Assets
📋
$103K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+60.6%
Year-over-year change (2021 → 2022)
Net Margin
+30.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.76
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$2,550,78961%$1,779,72212%$12,126,4565%
2021$1,588,3388%$1,585,2713%$11,572,8022%
2020$1,469,10539%$1,626,75814%$11,380,3232%
2019$2,417,43218%$1,885,9744%$11,661,7126%
2018$2,946,06328%$1,955,3194%$12,443,9742%
2017$2,307,04555%$1,885,1337%$12,250,0213%
2016$1,486,06539%$2,022,35816%$12,676,7254%
2015$2,439,78048%$2,399,4741%$13,257,625
2014$1,649,91425%$2,380,2592%$13,221,4154%
2013$2,194,11745%$2,427,4431%$13,800,1506%
2012$3,962,715103%$2,447,18916%$14,736,8152%
2011$1,956,163$2,110,656$14,397,231

Frequently Asked Questions

What does The Bascom Corporation do?

The Bascom Corporation is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A400 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Bascom Corporation financially healthy?

Based on our 9-metric Financial Health Score model, The Bascom Corporation has a score of 87/100 (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 The Bascom Corporation generate?

The Bascom Corporation reports $1.8M in annual revenue and holds $11.9M in total assets, based on IRS filings.

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