North Carolina Arts Foundation is a nonprofit organization categorized as Public Charity based in Raleigh, NC. Its most recent IRS filing (2025) reports revenue of $1.8M, expenses of $1.9M, total assets of $993K. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $764K.
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.
How North Carolina Arts Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 25 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.8M | $1.9M | $993K |
| 2024 | $2.1M | $619K | $2.3M |
| 2023 | $262K | $698K | $718K |
| 2022 | $757K | $557K | $1.1M |
| 2021 | $568K | $473K | $942K |
Between 2021 and 2025, reported annual revenue grew from $568K to $1.8M (+213%), with total assets most recently reported at $993K.
Interactive year-over-year charts and full filing details available with membership.
