Totals
- Total revenue
- $434,594
- Total expenses
- $1,460,500
- Contributions and grants received
- $400,000
- Grants paid
- $1,440,000
- Program service revenue
- $0
- Investment income
- $34,594
- Other revenue
- $0
- Total assets, end of year
- $2,626,394
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,626,394
- Program services expenses (Part IX)
- $1,450,000
- Management and general expenses
- $10,500
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,450,000
Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Allen Joines
President
- Total calculated
- $0
- Hours/week
- 4
-
Ralph Womble
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
David Neill
Director
- Total calculated
- $0
- Hours/week
- 1
-
Don Flow
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elwood Robinson
Director
- Total calculated
- $0
- Hours/week
- 1
-
F Borden Hanes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Smith
Director
- Total calculated
- $0
- Hours/week
- 1
-
Latida Smith
Director, Ex Officio
- Total calculated
- $0
- Hours/week
- 1
-
Mark Preston
Director
- Total calculated
- $0
- Hours/week
- 1
-
Redge Hanes
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$500,000
Special Projects Fund
-
$400,000
Entrepreneurial Support Fund
-
Downtown Winston-Salem Foundation
$250,000
New Economic Development Fund
-
Downtown Winston-Salem Foundation
$100,000
Merschel Park maintenance and improvements
-
$60,000
Start-up business recruitment
-
2023 film festival
-
$40,000
Start-up business recruitment
-
2024 film festival
-
$10,000
2023 book festival
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 19 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432639349300018
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