BEAUFORT COUNTY ARTS COUNCIL

EIN: 237170154 501(c)(3) Arts, Culture & Humanities

WASHINGTON, NC

Total Revenue
$457,802
Total Expenses
$474,193
Total Assets
$1,442,191
Net Assets
$1,222,696
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NC
Principal Officer
GAYLE WATSON
Phone
2529756993
Tax Period
2024-07-01 to 2025-06-30

BEAUFORT COUNTY ARTS COUNCIL, founded in 1971, is a small nonprofit in the Arts, Culture & Humanities sector that reported $458K in total revenue in fiscal year 2024. Net assets of $1.2M represent 32 months of operating reserves.

Mission

THE ARTS OF THE PAMLICO (AOP) IS A STATE-DESIGNATED ARTS COUNCIL PROVIDING CULTURAL OPPORTUNITIES THROUGH INITIATION, SUPPORT, AND PRESENTATION OF ARTISTIC PROGRAMS IN BEAUFORT AND WASHINGTON COUNTIES AND THE SURROUNDING REGION. IT IS A GOAL OF THE AOP TO PRESENT A WIDE RANGE OF EDUCATIONAL, ENTERTAINMENT, AND CULTURAL PROGRAMS AND TO ENCOURAGE THE SAME BY ADVANCING AND SUPPORTING THE EFFORTS OF LOCAL ARTISTS, ARTS ORGANIZATIONS, AND ARTS BUSINESSES THROUGHOUT THE REGION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $305,588
Program Service Revenue $152,214
Investment Income $0
Other Revenue $0
TOTAL REVENUE $457,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,963
Fundraising Expenses $67,318
Program Expenses $360,508
Other Expenses $336,230
TOTAL EXPENSES $474,193

Year-over-Year Comparison

2024 2023 Change
Revenue $457,802 $461,496 0.0%
Expenses $474,193 $532,127 -0.1%
Net Income $-16,391 $-70,631 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY SHANAFELT EXECUTIVE DI 1.00
Director
$0 $0 $0
JOHN B TATE III EXEC COMM - N/A
Officer Director
$0 $0 $0
GAYLE WATSON EXEC COMM - 1.00
Officer Director
$0 $0 $0
GAIL KENEFICK EXEC COMM- S 1.00
Officer Director
$0 $0 $0
LAURA DARRE MEMBER 1.00
Director
$0 $0 $0
SARAH FITE MEMBER 1.00
Director
$0 $0 $0
COLLEEN KNIGHT MEMBER 1.00
Director
$0 $0 $0
WILLIAMS FIGUEROA MEMBER 1.00
Director
$0 $0 $0
STACY JESSO MEMBER 1.00
Director
$0 $0 $0
JAYNE MEISELL MEMBER 1.00
Director
$0 $0 $0
DAVID EDWARDS MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $457,802 $474,193 $1,442,191 $-16,391
2024 $461,496 $532,127 $1,498,672 $-70,631
2023 $438,358 $496,231 $1,527,856 $-57,873
2022 $471,046 $456,531 $1,587,361 $14,515
2021 $894,560 $266,588 $1,583,130 $627,972
2019 $701,885 $463,745 $705,013 $238,140
2018 $575,396 $440,173 $461,629 $135,223
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