Public Charity

THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC

Based in GREENSBORO, NC, THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC operates as a Public Charity. The organization reported $1.5M in revenue, $1.3M in expenses, $11.6M in total assets for fiscal year 2025. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 561577495 GREENSBORO, NC Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$1.5M
Total Expenses$1.3M
Total Assets$11.6M
Grant Records15
Funding Total$1.2M
Filing Years2020–2025

Mission

FURTHER ECONOMIC DEVELOPMENT AND SOCIAL WELFARE IN GREENSBORO AND SURROUNDING AREAS WITH EMPHASIS ON PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES.

Where $100 goes at The Nussbaum Center for Entrepreneurship Inc

How The Nussbaum Center for Entrepreneurship Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$88 Programs the work itself
$8 Management running the organization
$4 Fundraising raising the next dollar

Inside the $88 for programs

$88
Operates an incubator facility to assist non-retail emerging and start-up enterprises by providing low cost, furnished office and light manufacturing space along with shared support services including receptionist…
All program spending
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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.

Officers & Directors

SECRETARY Andrea Bunn
BOARD CHAIR Barry Frank
DIRECTOR Charles Younce
DIRECTOR Charlie Melvin Jr
BOARD VICE CHAIR George Lothian
DIRECTOR John Benjamin Brown

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$402,500 13 grants
Economic Development
$6,000 1 grant
Unspecified
$750,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.5M $1.3M $11.6M
2024 $7.4M $1.3M $12.7M
2023 $1.2M $1.1M $8.0M
2022 $739K $862K $7.1M
2020 $796K $880K $5.1M

Between 2020 and 2025, reported annual revenue grew from $796K to $1.5M (+90%), with total assets most recently reported at $11.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC

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