Public Charity

NCINNOVATION INC

NCINNOVATION INC is a Public Charity headquartered in RESEARCH TRIANGLE PARK, NC. Financial data from the 2025 filing: $272.1M revenue, $19.1M expenses, $534.3M total assets. 8 publicly reported grants to this organization, totaling roughly $4.8M, appear in IRS filings.

EIN: 844902334 RESEARCH TRIANGLE PARK, NC Support N.E.C. NTEE: B19 Latest filing: 2025
Total Revenue$272.1M
Total Expenses$19.1M
Total Assets$534.3M
Grant Records8
Funding Total$4.8M
Filing Years2020–2025

Mission

THE ORGANIZATION IS A PUBLIC-PRIVATE PARTNERSHIP TO ACCELERATE AND SCALE COMMERCIALIZED INNOVATION FROM NC'S UNIVERSITIES, CREATE JOBS, AND IMPROVE ECONOMIC OPPORTUNITIES IN ALL 100 COUNTIES OF NORTH CAROLINA.

Officers & Directors

BOARD MEMBER Art Pope
BOARD MEMBER Ben Teague
BOARD MEMBER (THRU 11/13/2024) Beth Friedrich
SECRETARY Blannie Miller
BOARD MEMBER (BEGAN 7/11/2024) Deanna Ballard
Vice President, Corporate Affairs Erica Shrader

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,900,000 1 grant
OTHER PUBLIC AND SOCIETAL BENEFIT
$400,000 1 grant
PUBLIC & SOCIETAL BENEFIT
$400,000 1 grant
TO SUPPORT THE ORGANIZATION'S STATED MISSION
$400,000 1 grant
CHARITABLE DONATION
$399,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $272.1M $19.1M $534.3M
2024 $259.1M $8.2M $272.9M
2023 $10.3M $2.2M $18.4M
2021 $3.6M $246K $3.6M
2020 $100K $11K $101K

Between 2020 and 2025, reported annual revenue grew from $100K to $272.1M (+272027%), with total assets most recently reported at $534.3M.

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

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