BRUNSWICK ARTS COUNCIL INC

EIN: 561294125 501(c)(3) Arts, Culture & Humanities

OCEAN ISLE BEACH, NC

Total Revenue
$251,242
Total Expenses
$262,910
Total Assets
$30,086
Net Assets
$30,086
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NC
Principal Officer
CINDY HEWETT
Tax Period
2024-07-01 to 2025-06-30

BRUNSWICK ARTS COUNCIL INC, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $251K in total revenue in fiscal year 2024.

Mission

TO FOSTER, PROMOTE AND INCREASE THE PUBLIC KNOWLEDGE AND APPRECIATION OF 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 $251,242
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $251,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,347
Fundraising Expenses $0
Program Expenses $262,910
Other Expenses $207,563
TOTAL EXPENSES $262,910

Year-over-Year Comparison

2024 2023 Change
Revenue $251,242 N/A N/A
Expenses $262,910 N/A N/A
Net Income $-11,668 N/A 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

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY HEWETT TREASURER 5.00
Officer
$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 $251,242 $262,910 $30,086 $-11,668
2024 $251,243 $270,359 $24,582 $-19,116
2022 $77,145 $101,542 $45,047 $-24,397
2020 $87,779 $73,974 $43,712 $13,805
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