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North Carolina · Nonprofit

ASHEVILLE INDEPENDENT ARTS & MUSIC

ASHEVILLE INDEPENDENT ARTS & MUSIC (North Carolina) receives grants from 1 organization whose IRS filings report $25,000 to it, the largest being THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($25,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$159k
Funders on record
1
Grants received
$25k
Net assets
$26k
0/1 repeat funders
01What it does

What Asheville Independent Arts & Music does

Mission

Preserve and promote the music and art scene in western north carolina through live streaming, filming, and archiving concerts and area events

As stated on its FY2025 Form 990.

Programs

On its FY2025 return the organization reported starting a significant new program.

During the 2025 tax year, the organization initiated a new program to provide financial assistance to local artists and arts-related venues impacted by Hurricane Helene. Hurricane Helene caused widespread and catastrophic disruption to the local arts community, forcing the temporary closure of venues and eliminating performance and income opportunities for artists for an extended period. In response, the organization awarded grants to support recovery and stabilization efforts, including helping artists and venues address financial hardships, restore operations, and resume programming following months of disruption. This activity represents an expansion of the organizations mission to support and sustain the local arts community during times of crisis. The program was developed in direct response to urgent community needs following Hurricane Helene and was funded through contributions and designated relief funds.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. During the 2025 tax year, the organization implemented a disaster relief grant program in response to the significant impact of Hurricane Helene on the local arts community. The storm caused widespread disruptions, including prolonged closures of venues and loss of performance opportunities for artists. Through this program, the organization identified and provided financial assistance to over 100 local artists and 20 local venues & events. Grant funds were used to help stabilize operations, offset lost income, and support the resumption of artistic programming following an extended period of disruption. This program furthered the organizations mission by directly supporting the recovery and sustainability of the local arts ecosystem during a period of acute need.

    $45,350 spentof which $45,350 as grants$49,885 earned by the program
    32% of program spending
  2. The organization continued its core program of providing media coverage, promotion, and preservation of the local music and arts community. Through its community-based web platform, the organization captures live performances and events, making them freely accessible worldwide through live streaming and archived recordings. The organization takes pride in its non-exclusive coverage, showcasing a diverse blend of musical acts and performances. This program not only builds visibility and publicity for local artists, but also serves as a digital archive, preserving their work and expanding access to audiences beyond the local community. The organization covered numerous events throughout the year, generating significant online engagement through video views and impressions. This foundational program advances the organizations mission by supporting, promoting, and preserving the regions creative community.

    $86,270 spent$102,433 earned by the program
    60% of program spending
  3. The organization hosts the annual Music Video Asheville program, which invites local musicians to submit original music videos for consideration. Selected entries are curated into a 90-minute showcase, which is presented at a public screening and awards event held in downtown Asheville. This program provides a platform for artists to share their work with the broader community while recognizing excellence in music and visual storytelling. The event fosters community engagement, supports local musicians, and celebrates the creativity and diversity of the areas arts scene.

    $11,351 spent$4,950 earned by the program
    8% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $142,971.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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.

100 = 20232023 Revenue 100 ($40k) Expenses 100 ($47k) Net assets -263 ($-6596)2024 Revenue 359 ($144k) Expenses 289 ($135k) Net assets 100 ($3k)2025 Revenue 395 ($159k) Expenses 340 ($159k) Net assets 1028 ($26k)
202320242025
Revenue (395)Expenses (340)Net assets (1028)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $6k to $37k (+508%).

$6k
$37k
$26k
202320242025
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.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of ASHEVILLE INDEPENDENT ARTS & MUSIC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

−$7k
’23
$9k
’24
−$657
’25
1.9
months of
reserve
03Who funds it

Who funds it, year by year

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

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 INDEPENDENT ARTS & MUSIC’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 ASHEVILLE INDEPENDENT ARTS & MUSIC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

ASHEVILLE INDEPENDENT ARTS & MUSIC has grown faster than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin−0% · below the median
Months of reserve1.9mo · bottom quartile
Revenue growth (annualized)99% · top quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like ASHEVILLE INDEPENDENT ARTS & MUSIC

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

90% of spending goes to programs.

Program 90%Management 9%Fundraising 2%

Governance

2
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

0%

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

Screen this organization

A dated, signed PDF of the compliance screen for ASHEVILLE INDEPENDENT ARTS & MUSIC: 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 ASHEVILLE INDEPENDENT ARTS & MUSIC?
ASHEVILLE INDEPENDENT ARTS & MUSIC (North Carolina) receives grants from 1 organization whose IRS filings report $25,000 to it, the largest being THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($25,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ASHEVILLE INDEPENDENT ARTS & MUSIC have?
IRS filings report 1 organization giving $25,000 in grants to ASHEVILLE INDEPENDENT ARTS & MUSIC.
Who is the largest funder of ASHEVILLE INDEPENDENT ARTS & MUSIC?
THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like ASHEVILLE INDEPENDENT ARTS & MUSIC 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 FY2025 (financials across 2023–2025), 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