Mission
Cain Center For the Arts' mission is to provide exceptional visual arts, performing arts, and social experiences to the Lake Norman region.
Public Charity
Cornelius Arts Community Center dba Cain Center for the Arts
Based in Cornelius, NC, Cornelius Arts Community Center dba Cain Center for the Arts operates as a Public Charity. The organization reported $3.5M in revenue, $3.8M in expenses, $26.2M in total assets for fiscal year 2025. Imperigo tracks 35 reported grant relationships connected to this organization totaling approximately $2.9M.
EIN: 814628087
Cornelius, NC
Arts & Culture
NTEE: A20
Latest filing: 2025
Total Revenue$3.5M
Total Expenses$3.8M
Total Assets$26.2M
Grant Records35
Funding Total$2.9M
Filing Years2021–2025
Where $100 goes at Cornelius Arts Community Center dba Cain Center for the Arts
How Cornelius Arts Community Center dba Cain Center for the Arts divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$64
Programs
the work itself
$19
Management
running the organization
$17
Fundraising
raising the next dollar
Inside the $64 for programs
$64
During fiscal year 2025, Cain Center for the Arts curated 67 productions and hosted 39 performances for other organizations
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.
Sample Grants Received
OPERATING SUPPORT GRANT
$323,500
CULTURE & ARTS
$111,000
CHARITABLE GIFT
$105,000
For grant recipient's exempt purposes
$48,513
ARTS AND CULTURE
$10,000
Showing up to 5 of 35 total records — full history available with membership.
Officers & Directors
Secretary
Adrienne Waddey
Director
Ak Matheson
Director
Bill Morgan
Director
Caroline Mullan
Director
Dale Gillmore
Director
Donna Johnson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.5M | $3.8M | $26.2M |
| 2024 | $212K | $460K | $25.6M |
| 2023 | $3.0M | $2.2M | $25.2M |
| 2022 | $7.5M | $780K | $26.6M |
| 2021 | $8.3M | $480K | $17.9M |
Between 2021 and 2025, reported annual revenue declined from $8.3M to $3.5M (-58%), with total assets most recently reported at $26.2M.
Interactive year-over-year charts and full filing details available with membership.