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North Carolina · Nonprofit

ARTS COUNCIL ENDOWMENT FUND INC

ARTS COUNCIL ENDOWMENT FUND INC (North Carolina) receives grants from 1 organization whose IRS filings report $25 to it, the largest being REYNOLDS AMERICAN FOUNDATION ($25). 0 of them have funded it in more than one year.

Revenue FY2022
$0
Funders on record
1
Grants received
$25
Net assets
$0
0/1 repeat funders
01What it does

What Arts Council Endowment Fund Inc does

Mission

It is the primary responsibility of the endowment fund to manage the investment of these funds and additional funds as they become available, and to respond to reasonable and appropriate requests from the arts council or designated funded partners. A secondary goal of the endowment fund is to encourage additional gifts to the endowment fund for the benefit of the arts. The type and maturity of investments made by the endowment fund or its managers are the sole responsibility of the endowment fund's board of directors.

As stated on its FY2022 Form 990.

Program

  1. To raise, hold, and disburse endowment funds for arts council, inc. And designated funded partners.

    $2,226 spentof which $2,226 as grants
    100% of program spending

The program described on its FY2022 Form 990. Program spending in total: $2,226.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($22k) Expenses 100 ($8k) Net assets 100 ($231k)2019 Revenue 117 ($26k) Expenses 166 ($13k) Net assets 115 ($266k)2020 Revenue 64 ($14k) Expenses 3716 ($280k) Net assets 1 ($2k)2022 Revenue 0 ($0) Expenses 30 ($2k) Net assets 0 ($0)
2018201920202022
Revenue (0)Expenses (30)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $2.2M to $954k (−57%).

$1.9M
$2.2M
$954k
$0
2018201920202022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2022
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$14k
’18
$13k
’19
−$266k
’20
−$2k
’22
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Chad Cheek

Chair

As listed on its FY2022 Form 990.

20182019202020212022
Listed1514123429
Joined·+3+3+33+9
No longer listed·451114
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of ARTS COUNCIL ENDOWMENT FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ARTS COUNCIL ENDOWMENT FUND INC's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like ARTS COUNCIL ENDOWMENT FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

28
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

2%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for ARTS COUNCIL ENDOWMENT FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ARTS COUNCIL ENDOWMENT FUND INC?
ARTS COUNCIL ENDOWMENT FUND INC (North Carolina) receives grants from 1 organization whose IRS filings report $25 to it, the largest being REYNOLDS AMERICAN FOUNDATION ($25). 0 of them have funded it in more than one year.
How many funders does ARTS COUNCIL ENDOWMENT FUND INC have?
IRS filings report 1 organization giving $25 in grants to ARTS COUNCIL ENDOWMENT FUND INC.
Who is the largest funder of ARTS COUNCIL ENDOWMENT FUND INC?
REYNOLDS AMERICAN FOUNDATION is the largest funder on record, with $25 in grants. The full list of funders is on this page.
How can an organization like ARTS COUNCIL ENDOWMENT FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2018–2022), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing