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North Carolina · Nonprofit

Audacity Labs

Audacity Labs (North Carolina) receives grants from 4 organizations whose IRS filings report $52,200 to it, the largest being NC IDEA ($25,000). 2 of them have funded it in more than one year.

Revenue FY2023
$259k
Funders on record
4
Grants received
$52k
Net assets
$58k
2/4 repeat funderspeak grant-dependency 2%
01What it does

What Audacity Labs does

Mission

To provide an innovation incubator for teens who aspire to be future entrepreneurs work together to conceive develop and launch new ventures.

As stated on its FY2023 Form 990.

Programs

  1. After school training program for teens.

    $184,338 spent
    100% of program spending
  2. Not described on the e-filed return.

    $0 spent
    0% of program spending
  3. Not described on the e-filed return.

    $0 spent
    0% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $184,338.

02The organization over time

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

Anjanette Miller

Executive Director

Board chair

Mitch Sava

Board Chair

As listed on its FY2023 Form 990.

03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income held at $5k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% 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 Audacity Labs’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

Audacity Labs leans on a few funders — its largest provides 48% of grant income and the top three 86%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

48%
largest funder
86%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2021 50% · 2022 45% · 2023 100% — broadly stable.

“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.

Where its funders are

100% of Audacity Labs's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $10k 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

Audacity Labs runs a healthier operating margin than half of the 21,636 education nonprofits its size.

Operating margin20% · above the median
Months of reserve3.4mo · below the median

this organization peer median middle 50% of peers· 21,636 education nonprofits $100k–$1M, FY2023

Organizations like Audacity Labs

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 10%Fundraising 0%

Governance

15
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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 Audacity Labs: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Audacity Labs?
Audacity Labs (North Carolina) receives grants from 4 organizations whose IRS filings report $52,200 to it, the largest being NC IDEA ($25,000). 2 of them have funded it in more than one year.
How many funders does Audacity Labs have?
IRS filings report 4 organizations giving $52,200 in grants to Audacity Labs, 2 of which have funded it in more than one year.
Who is the largest funder of Audacity Labs?
NC IDEA 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 Audacity Labs 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 Audacity Labs →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2023–2023), and the filings of 4 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