PENLAND SCHOOL OF CRAFT
Income Statement
Fiscal Year Start:
May 1
Revenues in 2024
$8,729,942
Program Services
42%
Contributions
28%
Other
18%
Investments
11%
Government Grants
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$9,804,833
Salaries & Benefits
44%
Other
17%
Depreciation
14%
Fees to Service Providers
13%
Offices, Occupancy & IT
9%
Grants
2%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,221,987
$2,463,896
-42%
Government Grants
$106,992
$65,000
-39%
Fundraising Events
$16,124
$7,100
-56%
Program Services
$3,258,240
$3,630,795
+11%
Membership Dues
$0
$0
-
Investments
$449,273
$953,002
+112%
Other
$832,507
$1,610,149
+93%
Total Revenues
$8,885,123
$8,729,942
-2%
Expenses
2023
2024
Change
Grants
$120,000
$180,000
+50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,754,415
$4,350,569
+16%
Fees to Service Providers
$1,553,882
$1,281,605
-18%
Advertising & Promotion
$27,781
$50,420
+81%
Offices, Occupancy & IT
$969,448
$925,049
-5%
Interest
$65,238
$59,006
-10%
Depreciation
$1,353,147
$1,338,010
-1%
Other
$1,115,726
$1,620,174
+45%
Total Expenses
$8,959,637
$9,804,833
+9%
Net income
2023
2024
Change
Net income
-$74,514
-$1,074,891
-1343%
Functional Expenses
Summary
2023
2024
Change
Program
$6,689,582
$7,405,273
+11%
Admin
$1,656,385
$1,712,260
+3%
Fundraising
$613,670
$687,300
+12%
Total Expenses
$8,959,637
$9,804,833
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)