Public Charity

DREAMS OF WILMINGTON INC

DREAMS OF WILMINGTON INC, of WILMINGTON, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $953K in revenue, $819K in expenses, $2.2M in total assets. 38 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.

EIN: 562001053 WILMINGTON, NC Latest filing: 2025
Total Revenue$953K
Total Expenses$819K
Total Assets$2.2M
Grant Records38
Funding Total$1.1M
Filing Years2020–2025

Mission

THE MISSION OF DREAMS IS TO CREATE A CULTURE OF CONFIDENCE FOR YOUTH AND TEENS, THROUGH EQUITABLE ACCESS TO ARTS EDUCATION, SUPPORTED BY VALUES OF RESPECT, FAMILY AND COMMUNITY.

Sample Grants Received

2024
General support for programs, operations, and other charitable purposes
$397,887
2024
For grant recipient's exempt purposes
$20,900
2024
Charitable Support
$10,000

Showing up to 5 of 38 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Amy Grant
SECRETARY Audra Moore
BOARD MEMBER Beth Looney
BOARD MEMBER Carson Hobbs
BOARD MEMBER Clark Hipp
BOARD MEMBER Kassandra Davidson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support for programs, operations, and other charitable purposes
$397,887 1 grant
ARTS, CULTURE & HUMANITIES
$189,440 8 grants
For grant recipient's exempt purposes
$167,000 7 grants
DREAMS Center for Arts Education's mission is to create a culture of confidence for youth and teens through equitable access to arts education, supported by values of respect, family and community.This grant will support upgrades of technologies and program spaces.
$115,000 1 grant
Charitable Support
$66,158 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $953K $819K $2.2M
2024 $699K $839K $2.0M
2023 $758K $748K $2.1M
2021 $449K $460K $2.2M
2020 $783K $459K $2.2M

Between 2020 and 2025, reported annual revenue grew from $783K to $953K (+22%), with total assets most recently reported at $2.2M.

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

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