MARSHALL HIGH STUDIOS

EIN: 331441160 501(c)(3) Arts, Culture & Humanities

MARS HILL, NC

Total Revenue
$2,518,690
Total Expenses
$219,260
Total Assets
$2,311,345
Net Assets
$2,299,430
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2025
Legal Domicile
NC
Principal Officer
ROB PULLEYN
Phone
8286490177
Tax Period
2025-01-01 to 2025-12-31

MARSHALL HIGH STUDIOS, founded in 2025, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2025. The organization ran a surplus of $2.3M, a strong 91% operating margin.

Mission

To maintain a facility that supports accomplished, creative, diverse individuals, organizations and small businesses in Madison County and western North Carolina.

Program Service Accomplishments

Program 1
Expenses: $114,785 Revenue: $0

Restoration and renovation of donated facility heavily damaged by Hurricane Helene floodwaters.

Program 2
Expenses: $24,274 Revenue: $89,716

Leased studio space to individual artists.

Program 3
Expenses: $6,857 Revenue: $1,442

Provided space to community groups for mission-related events.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,427,532
Program Service Revenue $91,158
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,518,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,237
Fundraising Expenses $1,017
Program Expenses $145,916
Other Expenses $150,023
TOTAL EXPENSES $219,260

Year-over-Year Comparison

2025 2024 Change
Revenue $2,518,690 N/A N/A
Expenses $219,260 N/A N/A
Net Income $2,299,430 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
240

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
4
$36,765
Total Directors
7
$36,765
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anne Rawson Vice-Chair 5
Officer Director
$36,765 $0 $36,765
Rob Pulleyn Chairman 5
Officer Director
$0 $0 $0
Betty Hurst Secretary 3
Officer Director
$0 $0 $0
Boris Fernandez Treasurer 3
Officer Director
$0 $0 $0
Francesco Lombardo Director 2
Director
$0 $0 $0
Charles Rice Director 2
Director
$0 $0 $0
Asia Suler Director 2
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 $2,518,690 $219,260 $2,311,345 $2,299,430
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