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North Carolina · Nonprofit

BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER

BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER (North Carolina) receives grants from 9 organizations whose IRS filings report $182,316 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($77,435). 5 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2023
$418k
Funders on record
9
Grants received
$182k
Net assets
$-5509
5/9 repeat funderspeak grant-dependency 12%
01What it does

What Black Mountain Swannanoa Valley Arts Center does

Mission

Operation of an art center for the public

As stated on its FY2023 Form 990.

Programs

  1. Art in bloom is a 4 day event celebrating arts and flowers/gardens. The tour features plein aire painters creating works during the tours

    $3,107 spent$32,135 earned by the program
    2% of program spending
  2. Operation of a community arts center where area residents receive arts instruction and a commuinty pottery studio

    $151,353 spent$165,052 earned by the program
    98% of program spending

The 2 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $154,460.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($281k) Expenses 100 ($287k) Net assets 100 ($374k)2020 Revenue 96 ($271k) Expenses 100 ($289k) Net assets -7 ($-24680)2021 Revenue 101 ($285k) Expenses 106 ($305k) Net assets -12 ($-44825)2022 Revenue 125 ($351k) Expenses 119 ($343k) Net assets -10 ($-36504)2023 Revenue 149 ($418k) Expenses 135 ($387k) Net assets -1 ($-5509)
20192020202120222023
Revenue (149)Expenses (135)Net assets (-1)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 2019 to 2020, from $438k to $-24680 (−106%).

$438k
$-24680
$-44825
$-36504
$-5509
20192020202120222023
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.

2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 7% · 2020 8% · 2021 5% · 2022 7% · 2023 10%. Grants only. Government contracts and fees sit inside program revenue.

31% of BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER’s revenue is contributions — about as donation-reliant as the typical peer (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. 3 of the last 5 reported years ran a deficit.

−$6k
’19
−$18k
’20
−$20k
’21
$8k
’22
$31k
’23
-0.2
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.

Chief executive

Lori Cozzi

Executive director

Board chair

John Hall

Chair

As listed on its FY2023 Form 990.

20192020202120222023
Listed1914141413
Joined·+3+2+9+0
No longer listed·8291
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $24k → $36k.

4 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% 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 BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER’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

BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER leans on a few funders — its largest provides 42% of grant income and the top three 73%; half comes from just 2 funders.

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

71% 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 BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER.

42%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2017 86% · 2018 100% · 2019 100% · 2020 52% · 2021 73% · 2022 48% · 2023 57% — 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 BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y

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

58% of BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER'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. Of the $77k that is directly attributable, 72% of it comes from North Carolina funders.

MN
IL
MI
NC

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

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $105k arriving through sponsors registered in 4 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.

04Its place in the field

Against its field

BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER runs a healthier operating margin than half of the 17,174 arts & culture nonprofits its size.

Operating margin7% · above the median
Months of reserve-0.2mo · bottom quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 17,174 arts & culture nonprofits $100k–$1M, FY2023

Organizations like BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER

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.

Governance

13
board members
0%
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 BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER: 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 BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER?
BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER (North Carolina) receives grants from 9 organizations whose IRS filings report $182,316 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($77,435). 5 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER have?
IRS filings report 9 organizations giving $182,316 in grants to BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER, 5 of which have funded it in more than one year.
Who is the largest funder of BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER?
PAYPAL CHARITABLE GIVING FUND is the largest funder on record, with $77,435 in grants. The full list of funders is on this page.
How can an organization like BLACK MOUNTAIN SWANNANOA VALLEY ARTS CENTER 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 Black Mountain Swannanoa Valley Arts Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2019–2023), and the filings of 9 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