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The Korners Folly Foundation
Arts & Culture · Kernersville, North Carolina
413 S Main St, Kernersville, NC 27284-2737
EIN: 561984048· Founded: Feb 1997· 29 years active· Filing Year: 2023
Annual Revenue
$1.7M
Total Expenses
$267K
Total Assets
$2.6M
Program Spending
34%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$65K
24.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$72K
Total Payroll
$138K
52% of total expenses
Where the Money Goes
34%
Programs: 34%
Payroll: 52%
Other overhead: 66%
Program Revenue$92K (5%)
Total Expenses$267K (16%)
Payroll$138K (52%)
Overhead (non-program)66%
Trust Score Breakdown
Program Spending Ratio
34% of expenses go to programs
Revenue & Stability
$1.7M annual revenue
Executive Compensation
$65K total officer comp (24.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.6M in assets
Similar Arts & Culture Nonprofits in North Carolina
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.