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North Carolina · Nonprofit

CAROLINA THEATRE OF GREENSBORO INC

CAROLINA THEATRE OF GREENSBORO INC (North Carolina) receives grants from 31 organizations whose IRS filings report $1,465,203 to it, the largest being COMMUNITY FOUNDATION OF GREATER GREENSBORO INC ($467,250). 23 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
31
Grants received
$1.5M
Net assets
$6.8M
23/31 repeat funderspeak grant-dependency 17%
01What it does

What Carolina Theatre of Greensboro Inc does

Mission

Presenting arts - preserving history - promoting community. Our purpose: the carolina theatre provides a cutting-edge performance, film, and rental venue, housed within a century-old vaudeville theater. We work tirelessly to preserve our unique and architecturally significant building while also providing performers and audiences with a state-of-the-art entertainment facility. We partner with community organizations to provide diverse programming and valuable educational opportunities. We are committed to enhancing downtown greensboro by offering incredible performing arts programming while, at the same time, serving as stewards of our landmark building.

As stated on its FY2025 Form 990.

Program

  1. Carolina theatre is a fully functioning performing arts facility. It presents a variety of live performances by local performing arts groups and celebrity entertainers. During the year, a total of 294 events were held by the organization as part of its program service activities.

    $1,568,963 spent$656,228 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,568,963.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($2.3M) Expenses 100 ($1.5M) Net assets 100 ($6.4M)2018 Revenue 96 ($2.2M) Expenses 105 ($1.6M) Net assets 110 ($7.0M)2019 Revenue 76 ($1.8M) Expenses 108 ($1.7M) Net assets 112 ($7.1M)2020 Revenue 53 ($1.2M) Expenses 105 ($1.6M) Net assets 108 ($6.9M)2021 Revenue 46 ($1.1M) Expenses 53 ($813k) Net assets 111 ($7.1M)2022 Revenue 74 ($1.7M) Expenses 92 ($1.4M) Net assets 115 ($7.3M)2023 Revenue 77 ($1.8M) Expenses 107 ($1.6M) Net assets 117 ($7.5M)2024 Revenue 70 ($1.6M) Expenses 127 ($2.0M) Net assets 112 ($7.1M)2025 Revenue 68 ($1.6M) Expenses 127 ($1.9M) Net assets 106 ($6.8M)
'17'18'19'20'21'22'23'24'25
Revenue (68)Expenses (127)Net assets (106)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 2017 to 2018, from $6.7M to $7.2M (+7%).

$6.7M
$7.2M
$7.4M
$7.2M
$7.3M
$7.5M
$7.7M
$7.4M
$7.1M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 13% · 2022 44% · 2023 1% · 2024 5% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

26% of CAROLINA THEATRE OF GREENSBORO INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$795k
’17
$632k
’18
$106k
’19
−$373k
’20
$264k
’21
$301k
’22
$146k
’23
−$333k
’24
−$363k
’25
3.7
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

Alexandra Arpajian

Incoming executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed272825252327272627
Joined·+6+7+4+4+6+5+5+5
No longer listed·510462564
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 13 funders, grant income rose $79k → $312k.

8 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% 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 CAROLINA THEATRE OF GREENSBORO INC’s funders (the co-funder graph). Top 30 of 31 funders by total. 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

CAROLINA THEATRE OF GREENSBORO INC has a broad base — no single funder exceeds 32% 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

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 CAROLINA THEATRE OF GREENSBORO INC.

32%
largest funder
56%
top three
~6
effective funders

Largest funder’s share by year: 2017 38% · 2018 35% · 2019 40% · 2020 38% · 2021 30% · 2022 33% · 2023 69% — growing more concentrated.

“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

50% of CAROLINA THEATRE OF GREENSBORO INC's funders are still giving 3 years after their first grant; 74% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

88% of CAROLINA THEATRE OF GREENSBORO INC's grant income comes from North Carolina funders.

PA
NC
TX

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. $679k arriving through sponsors registered in 6 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

CAROLINA THEATRE OF GREENSBORO INC's funding base is broadening — from 7 funders to 13 as grant income climbed.

Operating margin−23% · bottom quartile
Months of reserve3.7mo · below the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like CAROLINA THEATRE OF GREENSBORO 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

80% of spending goes to programs.

Program 80%Management 14%Fundraising 6%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

60%

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

Footprint & structure

Part of a family of 1 related entity

  • Carolina Theatre Building LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for CAROLINA THEATRE OF GREENSBORO 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 CAROLINA THEATRE OF GREENSBORO INC?
CAROLINA THEATRE OF GREENSBORO INC (North Carolina) receives grants from 31 organizations whose IRS filings report $1,465,203 to it, the largest being COMMUNITY FOUNDATION OF GREATER GREENSBORO INC ($467,250). 23 of them have funded it in more than one year.
How many funders does CAROLINA THEATRE OF GREENSBORO INC have?
IRS filings report 31 organizations giving $1,465,203 in grants to CAROLINA THEATRE OF GREENSBORO INC, 23 of which have funded it in more than one year.
Who is the largest funder of CAROLINA THEATRE OF GREENSBORO INC?
COMMUNITY FOUNDATION OF GREATER GREENSBORO INC is the largest funder on record, with $467,250 in grants. The full list of funders is on this page.
How can an organization like CAROLINA THEATRE OF GREENSBORO 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 Carolina Theatre of Greensboro →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 31 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