North Carolina · Nonprofit
ASHEVILLE CREATIVE ARTS INC
ASHEVILLE CREATIVE ARTS INC (North Carolina) receives grants from 27 organizations whose IRS filings report $2,495,553 to it, the largest being The Old School- Asheville ($745,000). 12 of them have funded it in more than one year.
- Revenue FY2024
- $676k
- Funders on record
- 27
- Grants received
- $2.5M
- Net assets
- $471k
What Asheville Creative Arts Inc does
Mission
To provide high quality preofessional theatre, performances, and arts experiences to asheville audiences of all ages, and offering fiscal sponsorship and related services to sibling enterprises and arts nonprofit.
As stated on its FY2024 Form 990.
Programs
Performance and art - immersive productions oriented to young people 0-18 years old and their families that explore contemporary themes.
$109,541 spent$13,150 earned by the program7% of program spendingDeveloping a future generation of artists, audiences and administrators - classes and apprenticeships in various artisitic disciplines, curation, and program management; on-site residencies in schools and community centers affiliated with partner organizations.
$48,527 spent$2,550 earned by the program3% of program spendingTechnical assistance - fiscal sponsorship and shared administrative templates; payroll infrastructure such as onboarding packets and processes, information of health benefits and labor compliance; budget spreadsheets and streamlined chart of accounts plus courses in financial literacy and optional bookkeeping support; access to shared legal, accounting, technology support; zero-to-low interest micro-loans for artists professional development and capital investments such as equipment purchases.
$1,433,200 spent$163,688 earned by the program90% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,591,268.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $174k to $855k (+391%).
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.
Government-grant reliance: 2020 51% · 2021 3% · 2022 9% · 2023 13% · 2024 18%. Grants only. Government contracts and fees sit inside program revenue.
83% of ASHEVILLE CREATIVE ARTS INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
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.
Chief executive
Abigail Felder
Executive director
Board chair
Sarah Elizabeth Malinak
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 3 funders to 8 funders, grant income rose $73k → $891k.
7 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ASHEVILLE CREATIVE ARTS 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.
How concentrated its funding is
ASHEVILLE CREATIVE ARTS INC has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASHEVILLE CREATIVE ARTS INC.
Largest funder’s share by year: 2020 69% · 2021 37% · 2022 38% · 2023 56% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
33% of ASHEVILLE CREATIVE ARTS INC's funders are still giving 2 years after their first grant; 44% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
63% of ASHEVILLE CREATIVE ARTS INC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $153k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
ASHEVILLE CREATIVE ARTS INC has grown faster than three-quarters of the 17,936 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Government funding ASHEVILLE CREATIVE ARTS INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $110k on record.
- National Endowment for the Arts$110k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ASHEVILLE CREATIVE ARTS 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
77%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ASHEVILLE CREATIVE ARTS 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.
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 ASHEVILLE CREATIVE ARTS INC?
- ASHEVILLE CREATIVE ARTS INC (North Carolina) receives grants from 27 organizations whose IRS filings report $2,495,553 to it, the largest being The Old School- Asheville ($745,000). 12 of them have funded it in more than one year.
- How many funders does ASHEVILLE CREATIVE ARTS INC have?
- IRS filings report 27 organizations giving $2,495,553 in grants to ASHEVILLE CREATIVE ARTS INC, 12 of which have funded it in more than one year.
- Who is the largest funder of ASHEVILLE CREATIVE ARTS INC?
- The Old School- Asheville is the largest funder on record, with $745,000 in grants. The full list of funders is on this page.
- How can an organization like ASHEVILLE CREATIVE ARTS 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.
Play a game about who funds Asheville Creative Arts →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 27 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