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        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>50016</ExclusionAmt>
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      <GrantsToDomesticOrgsGrp>
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      </GrantsToDomesticOrgsGrp>
      <GrantsToDomesticIndividualsGrp>
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      <CompCurrentOfcrDirectorsGrp>
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      <OtherSalariesAndWagesGrp>
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      <PayrollTaxesGrp>
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      <FeesForServicesLegalGrp>
        <TotalAmt>36090</TotalAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>38343</TotalAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesLobbyingGrp>
        <TotalAmt>34018</TotalAmt>
      </FeesForServicesLobbyingGrp>
      <FeesForSrvcInvstMgmntFeesGrp>
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      <FeesForServicesOtherGrp>
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      <AdvertisingGrp>
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      </AdvertisingGrp>
      <OfficeExpensesGrp>
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      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
        <TotalAmt>24342</TotalAmt>
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      <OccupancyGrp>
        <TotalAmt>46815</TotalAmt>
      </OccupancyGrp>
      <TravelGrp>
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      <ConferencesMeetingsGrp>
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      <DepreciationDepletionGrp>
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      <InsuranceGrp>
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      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>HONORARIUMS</Desc>
        <TotalAmt>31300</TotalAmt>
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      <OtherExpensesGrp>
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        <TotalAmt>12845</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>PRINTING</Desc>
        <TotalAmt>7220</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>MISCELLANEOUS</Desc>
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      <AllOtherExpensesGrp>
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      <TotalFunctionalExpensesGrp>
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      <SavingsAndTempCashInvstGrp>
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        <EOYAmt>138510</EOYAmt>
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      <LandBldgEquipCostOrOtherBssAmt>3058942</LandBldgEquipCostOrOtherBssAmt>
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        <EOYAmt>1956038</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>1674716</EOYAmt>
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        <BOYAmt>9750</BOYAmt>
        <EOYAmt>9750</EOYAmt>
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        <EOYAmt>3949710</EOYAmt>
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      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>12129</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>6473</BOYAmt>
        <EOYAmt>12129</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>3851588</BOYAmt>
        <EOYAmt>3937168</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
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        <EOYAmt>413</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>3853361</BOYAmt>
        <EOYAmt>3937581</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>3859834</BOYAmt>
        <EOYAmt>3949710</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>70270</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>13950</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingOtherInd methodOfAccountingOtherDesc="Modified Cash Basis">X</MethodOfAccountingOtherInd>
      <AccountantCompileOrReviewInd>1</AccountantCompileOrReviewInd>
      <AcctCompileOrReviewBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </AcctCompileOrReviewBasisGrp>
      <FSAuditedInd>0</FSAuditedInd>
      <AuditCommitteeInd>0</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleC documentId="RetDoc1039700001">
      <SubstantiallyAllDuesNondedInd>0</SubstantiallyAllDuesNondedInd>
      <OnlyInHouseLobbyingInd>0</OnlyInHouseLobbyingInd>
      <AgreeCarryoverPriorYearInd>1</AgreeCarryoverPriorYearInd>
      <DuesAssessmentsAmt>174342</DuesAssessmentsAmt>
      <NonDeductibleLbbyngPltclCYAmt>34018</NonDeductibleLbbyngPltclCYAmt>
      <NonDeductibleLbbyngPltclTotAmt>34018</NonDeductibleLbbyngPltclTotAmt>
      <AggregateReportedDuesNtcAmt>34868</AggregateReportedDuesNtcAmt>
      <TaxableAmt>-850</TaxableAmt>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>575555</OtherCostOrOtherBasisAmt>
        <BookValueAmt>575555</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>2246399</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>979760</DepreciationAmt>
        <BookValueAmt>1266639</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
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        <DepreciationAmt>123144</DepreciationAmt>
        <BookValueAmt>113844</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>1956038</TotalBookValueLandBuildingsAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part X, Line 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>The Academy is a not-for-profit organization exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code. The Academy has evaluated its income tax positions and has determined that it has no uncertain tax positions. Accordingly, no provision for income taxes has been made in the accompanying financial statements. The Academy is not currently under examination by the Internal Revenue Service or the State of North Carolina.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <IndependentConsultantInd>X</IndependentConsultantInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>EMILY ADAMS</PersonNm>
        <TitleTxt>CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>137974</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>12000</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>4499</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>9355</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>163828</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part I, Line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>An external HR consultant conducted a compensation analysis for the organization, including the CEO, based on market rates. The Board must approve salary adjustments for the CEO.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, line 4</FormAndLineReferenceDesc>
        <ExplanationTxt>Updated the bylaws to allow for 2 additional nominating committee members.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS MEMBERS THAT CONSIST OF FELLOW MEMBERS, ASSOCIATE MEMBERS, STUDENT MEMBERS, AFFILIATE MEMBERS, HONORARY MEMBERS, AND SUSTAINING MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S MEMBERS VOTE ON THE BOARD OF DIRECTORS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>A GENERAL MEMBERSHIP VOTE IS REQUIRED TO CHANGE THE BYLAWS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 10b</FormAndLineReferenceDesc>
        <ExplanationTxt>ACTIVITIES ARE NOT GOVERNED BY NCAPA. OFFICERS OF THE AFFILIATED BOARD MUST BE MEMBERS OF NCAPA, WHICH ARE REQUIRED TO SUBMIT A COPY OF THEIR BYLAWS ALONG WITH A YEAR-END REPORT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CHIEF EXECUTIVE OFFICER AND THE TREASURER REVIEW THE FORM 990 PRIOR TO IT BEING FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD ENSURES THAT THE ORGANIZATION IS IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED AN SIGNED ANNUALLY BY BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD WORKED WITH AN EXTERNAL HR CONSULTANT TO CONDUCT A COMPENSATION ANALYSIS FOR THE ENTIRE ORGANIZATION AND ESTABLISHED MARKET RATES FOR ALL POSITIONS INCLUDING THE CEO. THE EXECUTIVE COMMITTEE RECOMMENDED A SALARY ADJUSTMENT FOR THE CEO POSITION BASED ON THIS DATA, WHICH THEY APPROVED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERS CAN VIEW POLICIES AND FINANCIAL STATEMENTS ON THE ORGANIZATION'S WEBSITE. POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XII, Line 2c</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>