CSCharityScored
59

Penland School Of Craft

Arts & Culture · Penland, North Carolina

Po Box 37, Penland, NC 28765-0037

EIN: 560623948· Founded: Dec 1940· 86 years active· Filing Year: 2023

Annual Revenue

$8.9M

Total Expenses

$9.0M

Total Assets

$77.3M

Program Spending

36%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$209K

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.7M

Total Payroll

$3.0M

33% of total expenses

Where the Money Goes

36%
Programs: 36%
Payroll: 33%
Other overhead: 64%
Program Revenue$3.3M (37%)
Total Expenses$9.0M (100%)
Payroll$3.0M (33%)
Overhead (non-program)64%

Trust Score Breakdown

Program Spending Ratio

36% of expenses go to programs

40%

Revenue & Stability

$8.9M annual revenue

15%

Executive Compensation

$209K total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$77.3M 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.