Nonprofit · EIN 87-4783603
MAJORITY RISING NC
Tax-exempt · CARY, NC 27519
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,774,825 | $5,356,033 | -$581,208 | $476,035 | $8,041 | $467,994 |
| December 31, 2023 | 990 | $1,489,100 | $490,813 | $998,287 | $1,106,257 | $57,055 | $1,049,202 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,774,825
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $115,000
- Compensation of officers, directors and key employees
- $100,654
- Other salaries and wages
- $86,001
- Salaries, compensation and benefits (total)
- $219,097
- Professional fundraising fees
- $76,500
- Legal fees
- $34,543
- Accounting fees
- $29,243
- Travel
- $2,740
- Depreciation
- $1,500
- Program services (functional)
- $5,127,649
- Management and general (functional)
- $108,865
- Fundraising (functional)
- $119,519
Balance sheet and other
- Total assets, start of year
- $1,106,257
- Total assets, end of year
- $476,035
- Total liabilities, end of year
- $8,041
- Net assets, end of year
- $467,994
- Net assets without donor restrictions
- $467,994
- Gross receipts
- $4,774,825
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2022
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ian Shannon | Executive Dir. Officer | 45 | $90,000 | $8,351 |
| Margaret Dickson | Board Member Trustee or director | 2 | $0 | $0 |
| Page Gardner | Board Member Trustee or director | 2 | $0 | $0 |
| Reggie Love | Board Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Mack Paul | Board Chair Trustee or director, Officer | 3 | $0 | $0 |
| Shawna Williams | Board Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Rick Glazier | Board Member Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ian Shannon | Executive Dir. Officer | 45 | $103,292 | $4,348 |
| Margaret Dickson | Board Member Trustee or director | 2 | $0 | $0 |
| Page Gardner | Board Member Trustee or director | 2 | $0 | $0 |
| Reggie Love | Board Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Mack Paul | Board Chair Trustee or director, Officer | 3 | $0 | $0 |
| Shawna Williams | Board Secretary Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4174, CARY, NC 27519-4174
- Principal officer (990 for 2024)
- Mack Paul, PO Box 4174, Cary, NC 27519
- Signed the 990
- Mack Paul, Board Chair
- Phone
- (919) 391-8316
- Website
- www.majorityrisingnc.org
- Return prepared by
- MIG MURPHY SISTROM CPA PC
Mission
Our mission is to build majority support for public policies that create prosperity and opportunity for all North Carolinians. Through education and civic engagement, we seek a fair and just society where everyone can shape our collective future.
Program accomplishments
- Issue Advocacy: MRNC communicated with over 1 million North Carolinians to promote awareness around key public policy issues. These issue advocacy campaigns informed North Carolinians across the state about state government.Expenses $4,155,249
- Research and Surveys: MRNC conducted our annual statewide survey to look at how North Carolinians were perceiving various public policy issues. From those findings, 12 focus groups were held at various intervals throughout the year to dig deeper and further refine MRNC's understanding of North Carolinians.Expenses $718,903
- Support to Ally Organizations: MRNC continued to make general support grants to ally organizations. In 2024, MRNC made four grants to four organizations that aligned with our organization's mission.Expenses $115,000 · grants $115,000
- Events: MRNC held four annual events including our two-day summit that brought together leaders from across the state in public affairs, business, and community efforts. Additionally, MRNC hosted two virtual events that gave attendees an opportunity to learn more about North Carolina's civic landscape.Expenses $98,744
- Public Policy Development: MRNC launched its inaugural policy vision that lays out a framework for how leaders across North Carolina can work to build prosperity and opportunity for all North Carolinians. This framework has been shared in print and electronically to hundreds of state leaders.Expenses $32,273
- Newsletter: MRNC continued to use its newsletter, sending 36 timely and insightful pieces to educate and inform our audience of happenings, insights, and other relevant updates about the group's work. Additionally, this served as a way to distribute our public policy vision for the state.Expenses $7,480
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-4783603
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W01)
- Assets (IRS master file)
- $476,035
- Income (IRS master file)
- $4,774,825
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,774,825 | $5,356,033 | $476,035 | IRS |
| 990 | December 2023 | $1,489,100 | $490,813 | $1,106,257 | XML |
| 990 | December 2022 | $2,799,077 | $2,748,162 | $73,072 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-4783603).
Questions about MAJORITY RISING NC
- What is the EIN of MAJORITY RISING NC?
- The employer identification number (EIN) of MAJORITY RISING NC is 87-4783603.
- Is MAJORITY RISING NC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2023.
- Are donations to MAJORITY RISING NC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAJORITY RISING NC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAJORITY RISING NC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAJORITY RISING NC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAJORITY RISING NC?
- The 990 for the year ended December 31, 2024 names Mack Paul.
- Who are the officers and directors of MAJORITY RISING NC?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $90,000 (Ian Shannon, Executive Dir.).
- How much revenue does MAJORITY RISING NC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,774,825, expenses of $5,356,033 and total assets of $476,035 at year end.
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All nonprofits in CARY · North Carolina · Public and societal benefit