Public Charity

CORNELIUS ARTS COMMUNITY CENTER INC

Based in CORNELIUS, NC, CORNELIUS ARTS COMMUNITY CENTER INC operates as a Public Charity. The organization reported $212K in revenue, $460K in expenses, $25.6M in total assets for fiscal year 2024. Imperigo tracks 35 reported grant relationships connected to this organization totaling approximately $2.9M.

EIN: 814628087 CORNELIUS, NC Latest filing: 2024
Total Revenue$212K
Total Expenses$460K
Total Assets$25.6M
Grant Records35
Funding Total$2.9M
Filing Years2020–2024

Mission

CAIN CENTER FOR THE ARTS' MISSION IS TO PROVIDE EXCEPTIONAL VISUAL ARTS, PERFORMING ARTS, AND SOCIAL EXPERIENCES TO THE LAKE NORMAN REGION.

Officers & Directors

BOARD OF DIRECTORS Ak Matheson
BOARD OF DIRECTORS Bill Morgan
BOARD OF DIRECTORS Caroline Mullan
SECRETARY Cynthia Bush
BOARD OF DIRECTORS Dale Gillmore
TREASURER Douglas Marion

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$1,555,000 3 grants
CULTURE & ARTS
$574,055 5 grants
OPERATING SUPPORT GRANT
$323,500 1 grant
For grant recipient's exempt purposes
$198,389 8 grants
ARTS, CULTURE & HUMANITIES
$102,250 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $212K $460K $25.6M
2023 $3.0M $2.2M $25.2M
2022 $7.5M $780K $26.6M
2021 $8.3M $480K $17.9M
2020 $4.7M $1.8M $9.7M

Between 2020 and 2024, reported annual revenue declined from $4.7M to $212K (-95%), with total assets most recently reported at $25.6M.

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

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