Public Charity

MCNC

MCNC is a nonprofit organization categorized as Public Charity based in Research Triangle Park, NC. Its most recent IRS filing (2025) reports revenue of $74.1M, expenses of $66.1M, total assets of $175.1M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $3.8M.

EIN: 581406628 Research Triangle Park, NC Engineering & Technology NTEE: U40 Latest filing: 2025
Total Revenue$74.1M
Total Expenses$66.1M
Total Assets$175.1M
Grant Records3
Funding Total$3.8M
Filing Years2021–2025

Mission

TO PROVIDE ADVANCED ELECTRONIC AND INFORMATION TECHNOLOGIES TO THE NC EDUCATION COMMUNITY, PUBLIC HEALTH, AND GOVERNMENT AGENCIES AND TO BENEFIT ECONOMIC DEVELOPMENT IN NC.

Where $100 goes at McNc

How McNc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$92
Mcnc provides technical infrastructure to educate, innovate and enhance economic development throughout north carolina
All program spending · Reported in the filing: 12 schools
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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

Director Ajit Sivadasan
Director Charles Maimone
VP, Enterprise IT & Cybersecurity Initiatives / CISO Christopher Beal
Director, Enterprise IT Infrastructure & Cybersecurity David Brain
Senior Director, CNE David Furiness
Director Dennis Kekas

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$3,809,472 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $74.1M $66.1M $175.1M
2024 $68.5M $61.8M $149.7M
2023 $64.3M $60.5M $150.5M
2022 $60.2M $60.1M $151.9M
2021 $51.6M $54.4M $136.3M

Between 2021 and 2025, reported annual revenue grew from $51.6M to $74.1M (+44%), with total assets most recently reported at $175.1M.

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

See the full picture for MCNC

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