Fptower Inc

Arts & culture organization based in Wilmington, NC. 1 employees. Exempt under §501(c)(3).

MissionTo restore, maintain, and repurpose the Frying Pan Tower to improve maritime safety, support ocean research and education, and protect marine life. The effort preserves a unique piece of American history while promoting conservation and public awareness.

Financial snapshot · TY 2024

$256K
Total revenue
$223K
Total expenses
$110K
Net assets

Financial health · TY 2024

69
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
31
5.6 months of expenses
Program efficiency
96
88.5% spent on programs
Revenue diversity
91
Mix of program fees, grants & contributions

Leadership compensation

Richard Neal
Executive Director
$36,000
20th percentile vs. peers

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Fptower Inc Executive Compensation | 990 Data | DoubleNine