NORTH CAROLINA ARTS FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NORTH CAROLINA ARTS FOUNDATION (EIN 46-3987880)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-06-29
- IRS object ID
- 202631809349300633
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-06-29T10:31:39-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450473857 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Crouch Joslyn Group PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4505 Country Club Rd Ste 100 | AddressLine1Txt |
| City | WinstonSalem | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463987880 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | North Carolina Arts Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 9194120751 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 26263 | AddressLine1Txt |
| City | Raleigh | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Lowder | PersonNm |
| Person Title | Interim Executive Director | PersonTitleTxt |
| Phone | 9198194453 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Eugene J Joslyn | PreparerPersonNm |
| PTIN | P00288276 | PTIN |
| Phone | 3367688000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Principal Officer | Michael Lowder | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 26263 | AddressLine1Txt |
| City | Raleigh | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,774,499 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.ncartsfoundation.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | Collaborate with individuals, arts and cultural organizations, other foundations and businesses, and the North Carolina Arts Council to support arts programs that have proven public value and are statewide or regional in scope. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,996,455 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,715,110 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $91,366 | PYInvestmentIncomeAmt |
| CY Investment Income | $53,511 | CYInvestmentIncomeAmt |
| PY Other Revenue | $13,258 | PYOtherRevenueAmt |
| CY Other Revenue | $878 | CYOtherRevenueAmt |
| PY Total Revenue | $2,101,079 | PYTotalRevenueAmt |
| CY Total Revenue | $1,774,499 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $221,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,402,500 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $94,800 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $120,000 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $303,617 | PYOtherExpensesAmt |
| CY Other Expenses | $356,132 | CYOtherExpensesAmt |
| PY Total Expenses | $619,417 | PYTotalExpensesAmt |
| CY Total Expenses | $1,878,632 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,481,662 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$104,133 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,100,833 | TotalAssetsBOYAmt |
| Total Assets EOY | $992,573 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,315 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $188 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,096,518 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $992,385 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Foundation's mission is to bring private and public sector partners into collaborations that extend the benefits of the arts to residents across the state. As North Carolina emerges from the pandemic, a top priority is to find resources for arts initiatives that benefit youth. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $915,249 | ExpenseAmt |
| Grant | $902,500 | GrantAmt |
| Desc | Assistance to Western North Carolina: Relief related to the devastation that occurred in Western North Carolina from Hurricane Helene in the fall of 2024. The Foundation received and distributed funding to affected artists and non-profit arts organizations in twenty-six western counties through the NC Arts Disaster Relief Fund | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $628,237 | ExpenseAmt |
| Grant | $500,000 | GrantAmt |
| Desc | A+ Schools of North Carolina- Received grants for A+ Schools of North Carolina, a program of the North Carolina Arts Council, and administered contracted services to support teacher training, recruitment of teaching artists, and customized professional development for participating schools in the A+ network. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $116,683 | ExpenseAmt |
| Desc | Keys for Kids funds a statewide network of arts partners that assist young people in North Carolina who want to learn to play piano by providing music instruction and instruments at little or no cost to the student. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $35,513 | ExpenseAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $35,513 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $1,695,682 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michael Lowder | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9194120751 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 26263 | AddressLine1Txt |
| City | Raleigh | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27611 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| John Willingham | ||||||
| President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Marla Adams | ||||||
| Director | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Chad Cheek | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Joe Logan | ||||||
| Director | 0.25 | Yes (X) | $0 | $0 | $0 | |
| Henry Walston | ||||||
| Director | 0.25 | Yes (X) | $0 | $0 | $0 | |
| Stephen Hill | ||||||
| Ex Officio | 0.25 | Yes (X) | $0 | $0 | $0 | |
| Beverly Nipper Bowles | ||||||
| Director | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Davy Arch | ||||||
| Director | 0.25 | Yes (X) | $0 | $0 | $0 | |
| Suzanne Fetscher | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Lowder | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John Mitchell | ||||||
| Director | 0.25 | Yes (X) | $0 | $0 | $0 | |
| Patrick Sims | ||||||
| Director | 0.25 | Yes (X) | $0 | $0 | $0 | |
| Wayne Martin | ||||||
| Executive Director | 40.00 | Yes (X) | $120,000 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $120,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Wayne Martin | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1623 Park Drive | AddressLine1Txt |
| City | Raleigh | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Administrative Management | ServicesDesc |
| Compensation | $120,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,715,110 | AllOtherContributionsAmt |
| Total Contributions | $1,715,110 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | A+ conference registra | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $5,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,511 | TotalRevenueColumnAmt |
| Exclusion | $53,511 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $878 | TotalRevenueColumnAmt |
| Exclusion | $878 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $878 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,774,499 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $54,389 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,402,500 | TotalAmt |
| Program Services | $1,402,500 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,000 | TotalAmt |
| Management And General | $120,000 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,440 | TotalAmt |
| Program Services | $245,944 | ProgramServicesAmt |
| Management And General | $25,496 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,207 | TotalAmt |
| Management And General | $20,207 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,938 | TotalAmt |
| Program Services | $20,342 | ProgramServicesAmt |
| Management And General | $2,596 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Conferences and meeting | $20,505 | $15,469 | $5,036 |
| Other | $10,157 | $3,543 | $6,614 |
| School reimbursements | $7,884 | $7,884 | |
| Insurance | $3,001 | $3,001 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,878,632 | TotalAmt |
| Program Services | $1,695,682 | ProgramServicesAmt |
| Management And General | $182,950 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,833 | BOYAmt |
| EOY | $992,573 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600,000 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,100,833 | BOYAmt |
| EOY | $992,573 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,315 | BOYAmt |
| EOY | $188 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,315 | BOYAmt |
| EOY | $188 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,665 | BOYAmt |
| EOY | $155,186 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $964,853 | BOYAmt |
| EOY | $837,199 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,096,518 | BOYAmt |
| EOY | $992,385 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,100,833 | BOYAmt |
| EOY | $992,573 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$104,133 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $566,788 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $756,532 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $241,753 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $981,252 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,715,108 | CurrentTaxYearAmt |
| Total | $4,261,433 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $566,788 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $756,532 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $241,753 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $981,252 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,715,108 | CurrentTaxYearAmt |
| Total | $4,261,433 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,124,450 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,136,983 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $856 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,351 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,344 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $53,512 | CurrentTaxYearAmt |
| Total | $94,063 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,355,496 | TotalSupportAmt |
| Public Support CY170 | 0.49060 | PublicSupportCY170Pct |
| Public Support PY170 | 0.32330 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Blue Ridge National Heritage Area Inc | ||||||||
| 195 Hemphill Knob Rd | Asheville | NC | 28803 | 204714123 | 501(c)(3) | $82,500 | $0 | Hurricane Helene Relief |
| Asheville Area Arts Council | ||||||||
| 67 Broad St | Asheville | NC | 28801 | 581371546 | 501(c)(3) | $200,000 | $0 | Hurricane Helene Relief |
| North Carolina Arts Council | ||||||||
| 4632 Mail Service Center | Raleigh | NC | 27699 | 566062189 | GOV | $620,000 | $0 | NC Arts Disaster Relief Grant - Hurricane Helene Relief |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | THE FOUNDATION EXECUTIVE COMMITTEE REVIEWS AND APPROVAL FORM 990 PRIOR TO FILING. ALL BOARD MEMBERS OF THE FOUNDATION CAN RECEIVE A COPY OF THE FORM 990 UPON REQUEST. |
| Form 990, Part VI, Section B, line 12c | THE GOVERNING BOARD MEMBERS AGREE TO THE WRITTEN CONFLICT OF INTEREST POLICY WHEN THEY ASSUME THE POSITION OF DIRECTOR AND UPDATE THEIR AGREEMENT ANNUALLY. THE POLICY STATES THAT A DIRECTOR SHALL INFORM THE BOARD OF ANY DIRECT OR INDIRECT CONFLICT OF INTEREST FOR EACH TRANSACTION CONTEMPLATED BY THE BOARD. THIS INCLUDES, BUT NOT LIMITED TO, FINANCIAL INTEREST AND SERVING ON OTHER BOARDS. EACH DIRECTOR AND OFFICER SIGNS AN ANNUAL STATEMENT AFFIRMING THIS COMPLIANCE. THE FOUNDATION CONDUCTS PERIODIC REVIEWS TO MONITOR COMPLIANCE INCLUDING THE REASONABLENESS OF EXPENDITURES AND THE FOLLOWING PROCEDURES SPECIFIED IN THE BY-LAWS. EVERY PROGRAM SUPPORTED BY THE FOUNDATION PROVIDES A REPORT ON THE USE OF FUNDS ADMINISTERED THROUGH THE FOUNDATION. |
| Form 990, Part VI, Section C, line 19 | THE FORM 990 IS PROVIDED, UPON REQUEST, TO PROSPECTIVE CONTRIBUTORS AND GRANTORS. THE FORM 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. THE FOUNDATION'S LIST OF OFFICERS IS PUBLISHED ON ITS WEBSITE AND THE FOUNDATION'S ARTICLES OF INCORPORATION DESCRIBING ITS PURPOSE,THE CONFLICT OF INTEREST POLICY AND THE TAX EXEMPTION LETTER FROM THE IRS ARE ALSO PROVIDED, UPON REQUEST, TO PROSPECTIVE CONTRIBUTORS. |
| Form 990, Page11, Part X | Amended Form 990 YE 06 30 2025 In March of 2026 it was determined that certain amounts recognized as gifts of Beneficial Interests (held by an outside foundation) received in 06 30 2024 and 06 30 2025 had been mischaracterized by NC Arts Foundation and should only have been recognized as the funds were received by the NC Arts Foundation from the outside foundation in future periods rather than during the years ended 06 30 2024 and 2025. Form 990 for 06 30 2024 has been amended and accordingly certain balance sheet beginning balances must be adjusted for the year ended 06 30 2025. For the 06 30 2024 ending balance sheet accounts the asset for the beneficial interest have been removed from the balance sheet reducing Part X, line 15 Other assets Column A by $1,241,990 from $1,241,990 to $-0- and the total assets figure reduced accordingly as was the Line 28 Net assets with donor restrictions. For the 06 30 2025 ending balance sheet accounts the asset for the beneficial interest have been removed from the balance sheet reducing Part X, line 15 Other assets Column B by $2,470,308 from $2,470,308 to $-0- and the total assets figure reduced accordingly as was the Line 28 Net assets with donor restrictions. |
| Form 990 Part VIII | Amended Form 990 YE 06 30 2025 In March of 2026 it was determined that certain amounts recognized as gifts of Beneficial Interests (held by an outside foundation) had been mischaracterized by NC Arts Foundation and should only have been recognized as the funds were received by the NC Arts Foundation from the outside foundation in future periods rather than during the year ended 06 30 2025. No distributions were received by the NC Arts Foundation from these funds during the year ended June 30,2025. These adjustments resulted in a decrease in Part VIII, line 1f, Column A of $500,000 "All other contributions" changing the balance from $2,215,134 to $1,715,134. Other related accounts adjusted included Part VIII, line 3, Columns A and D Investment income decrease of $31,555 from $85,066 to $53,511 Part VIII, Line 7 a, c, d, Columns A and D Gross Sale of Assets decreased by $53,298 from $53,298 to $-0-. Part IX, Line 11f, Columns A and B investment management fees were decreased by $7,864 from $7,864 to $-0-. And Part XI Line 5 unrealized gains was decreased by $151,304 from $151,304 to $-0-. |
| Form 990 Sch A Part II | Amended Form 990 YE 06 30 2025 Schedule A (Form 990) as amended has been adjusted to reflect the previously discussed recharacterization of the funds previously recognized as Beneficial Interest Gifts. The lowering of the recognized gift by $500,000 resulted in an equal reduction in the Schedule A Part II, section A Line 5, column e. The reducion in the Line 5, column e amount in turn led to a reduction of line 5, column f ithat resulted in an increased the public support percentage reflected on section c, line 14. The resulting amended percentage increased from 38.02% to 49.06% meeting the public support test. |
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