CAPE FEAR REGIONAL THEATRE AT FAYETTEVILLE INC

EIN: 560856992 501(c)(3) Arts, Culture & Humanities

FAYETTEVILLE, NC

Total Revenue
$9,592,535
Total Expenses
$2,736,623
Total Assets
$24,272,322
Net Assets
$19,803,774
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
NC
Principal Officer
BILL HEDGEPETH
Phone
9103234234
Tax Period
2024-07-01 to 2025-06-30

CAPE FEAR REGIONAL THEATRE AT FAYETTEVILLE INC, founded in 1963, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.6M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.9M, a strong 71% operating margin.

Mission

THEATRICAL PERFORMANCES AND EDUCATION IN THE ARTS.

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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 $8,082,378
Program Service Revenue $1,243,613
Investment Income $234,154
Other Revenue $32,390
TOTAL REVENUE $9,592,535

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,481,141
Fundraising Expenses $7,241
Program Expenses $1,890,477
Other Expenses $1,255,482
TOTAL EXPENSES $2,736,623

Year-over-Year Comparison

2024 2023 Change
Revenue $9,592,535 $6,452,180 +0.5%
Expenses $2,736,623 $2,514,713 +0.1%
Net Income $6,855,912 $3,937,467 +0.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
30
Volunteers
200

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
6
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL HEDGEPETH PRESIDENT 3.00
Officer Director
$0 $0 $0
ZACH PRITCHETT VICE-PRESIDENT 3.00
Officer Director
$0 $0 $0
KAREN TISDALE TREASURER 3.00
Officer Director
$0 $0 $0
JUELLE MCDONALD SECRETARY 3.00
Officer Director
$0 $0 $0
ROLLINDA THOMAS ASSISTANT SECRETARY 3.00
Officer Director
$0 $0 $0
TAYLOR WHITLEY ASSISTANT TREASURER 3.00
Officer Director
$0 $0 $0
LAUREN ALLRED BOARD MEMBER 1.00
Director
$0 $0 $0
AL AYCOCK BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL Y BURNS BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY CHAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN DAWSON BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY DEVIERE BOARD MEMBER 3.00
Director
$0 $0 $0
MEGHAN ENGLE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HOLMES BOARD MEMBER 1.00
Director
$0 $0 $0
LUCY JONES BOARD MEMBER 1.00
Director
$0 $0 $0
MARILYN KISER BOARD MEMBER 1.00
Director
$0 $0 $0
ANTOINE MCGILL BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY PENNINK BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES PIMBLE BOARD MEMBER 1.00
Director
$0 $0 $0
MARIE RUNKLE BOARD MEMBER 1.00
Director
$0 $0 $0
DARSWEIL RODGERS BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER PATTON BOARD MEMBER 1.00
Director
$0 $0 $0
NISHA PATEL BOARD 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 $9,592,535 $2,736,623 $24,272,322 $6,855,912
2024 $6,452,180 $2,514,713 $18,914,996 $3,937,467
2023 $3,841,656 $1,943,347 $13,013,123 $1,898,309
2022 $5,274,207 $1,615,037 $12,746,440 $3,659,170
2022 $5,274,207 $1,615,037 $12,746,440 $3,659,170
2021 $1,708,255 $788,015 $4,313,917 $920,240
2020 $1,538,402 $1,381,351 $2,789,926 $157,051
2019 $1,519,534 $1,598,192 $2,623,086 $-78,658
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