CSCharityScored
48

Old Salem Incorporated

Arts & Culture · Winston Salem, North Carolina

600 S Main St, Winston Salem, NC 27101-5329

EIN: 560587289· Founded: Jun 1950· 76 years active· Filing Year: 2023

Annual Revenue

$7.1M

Total Expenses

$6.1M

Total Assets

$70.0M

Program Spending

15%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$141K

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.7M

Total Payroll

$2.9M

47% of total expenses

Where the Money Goes

15%
Programs: 15%
Payroll: 47%
Other overhead: 85%
Program Revenue$926K (13%)
Total Expenses$6.1M (86%)
Payroll$2.9M (47%)
Overhead (non-program)85%

Trust Score Breakdown

Program Spending Ratio

15% of expenses go to programs

40%

Revenue & Stability

$7.1M annual revenue

15%

Executive Compensation

$141K total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$70.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.