Skip to main content

Nonprofit · EIN 87-4783603

MAJORITY RISING NC

Tax-exempt · CARY, NC 27519

Financials

$1.5M$491K2023$4.8M$5.4M2024
Revenue Expenses · by fiscal year end
Financials of MAJORITY RISING NC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,774,825$5,356,033-$581,208$476,035$8,041$467,994
December 31, 2023990$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.

NameTitleHours / weekCompensationOther / benefits
Ian ShannonExecutive Dir.
Officer
45$90,000$8,351
Margaret DicksonBoard Member
Trustee or director
2$0$0
Page GardnerBoard Member
Trustee or director
2$0$0
Reggie LoveBoard Treasurer
Trustee or director, Officer
2$0$0
Mack PaulBoard Chair
Trustee or director, Officer
3$0$0
Shawna WilliamsBoard Secretary
Trustee or director, Officer
2$0$0
Rick GlazierBoard Member
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
Ian ShannonExecutive Dir.
Officer
45$103,292$4,348
Margaret DicksonBoard Member
Trustee or director
2$0$0
Page GardnerBoard Member
Trustee or director
2$0$0
Reggie LoveBoard Treasurer
Trustee or director, Officer
2$0$0
Mack PaulBoard Chair
Trustee or director, Officer
3$0$0
Shawna WilliamsBoard 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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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
Assets (IRS master file)
$476,035
Income (IRS master file)
$4,774,825

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,774,825$5,356,033$476,035IRS
990December 2023$1,489,100$490,813$1,106,257XML
990December 2022$2,799,077$2,748,162$73,072IRS

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.

Other nonprofits in CARY

All nonprofits in CARY · North Carolina · Public and societal benefit