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Virginia · Nonprofit

CARTER FAMILY MEMORIAL MUSIC CENTER

CARTER FAMILY MEMORIAL MUSIC CENTER (Virginia) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being EASTMAN CREDIT UNION ($10,000). 0 of them have funded it in more than one year.

Revenue FY2024
$245k
Funders on record
1
Grants received
$10k
Net assets
$802k
0/1 repeat funders
01What it does

What Carter Family Memorial Music Center does

Mission

The Carter Family Memorial Music Center inc was established to honor the original careter family and its valuable contribution to county music. Keeping the music and the representation of olde-time music alive and the huge impact the carter family has had on county music.

As stated on its FY2024 Form 990.

Programs

On its FY2023 return the organization reported starting a significant new program.

Keeping the art of orignal ole tyme country music alive. Providing several music shows and festivals per year open to the public. Based upon the carter family which is some of the original participants in old tyme county music.

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

  1. Keeping the art of orignal ole tyme country music alive.

  2. Musical performances and festival venue keeping the art of historical orginal old time country music. The carter family was founding artist of this type of original country music. The were trailblazers of the country music industry . They were performers and songwriters

    $124,562 spent
    100% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $124,562.

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 ($124k) Expenses 100 ($120k) Net assets 100 ($692k)2018 Revenue 103 ($127k) Expenses 101 ($121k) Net assets 101 ($698k)2019 Revenue 131 ($162k) Expenses 111 ($133k) Net assets 100 ($695k)2020 Revenue 30 ($37k) Expenses 46 ($55k) Net assets 98 ($676k)2021 Revenue 47 ($58k) Expenses 50 ($60k) Net assets 98 ($675k)2022 Revenue 101 ($125k) Expenses 88 ($105k) Net assets 100 ($695k)2023 Revenue 105 ($130k) Expenses 108 ($130k) Net assets 100 ($695k)2024 Revenue 198 ($245k) Expenses 115 ($137k) Net assets 116 ($802k)
'17'18'19'20'21'22'23'24
Revenue (198)Expenses (115)Net assets (116)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 $703k to $805k (+15%).

$734k
$735k
$726k
$701k
$682k
$702k
$703k
$805k
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 12% · 2018 6% · 2020 40% · 2021 26% · 2022 24% · 2023 3% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of CARTER FAMILY MEMORIAL MUSIC CENTER’s revenue is contributions — more earned-revenue 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. 3 of the last 8 reported years ran a deficit.

$4k
’17
$6k
’18
$29k
’19
−$18k
’20
−$2k
’21
$20k
’22
−$289
’23
$107k
’24
13
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.

'17'18'19'20'21'22'23'24
Listed11111111111187
Joined·+0+0+0+0+0+2+0
No longer listed·0000051
03Who funds it

Who funds it, year by year

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

Funder
'24*
total
funders
1

From the IRS filings of CARTER FAMILY MEMORIAL MUSIC 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.

Where its funders are

CARTER FAMILY MEMORIAL MUSIC CENTER draws 100% of its grant income from funders outside Virginia, across 1 state in all.

TN

Funder states come from each funder’s own filing. 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

CARTER FAMILY MEMORIAL MUSIC CENTER runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin44% · top quartile
Months of reserve13.2mo · top quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like CARTER FAMILY MEMORIAL MUSIC 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 Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

8
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 CARTER FAMILY MEMORIAL MUSIC 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 CARTER FAMILY MEMORIAL MUSIC CENTER?
CARTER FAMILY MEMORIAL MUSIC CENTER (Virginia) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being EASTMAN CREDIT UNION ($10,000). 0 of them have funded it in more than one year.
How many funders does CARTER FAMILY MEMORIAL MUSIC CENTER have?
IRS filings report 1 organization giving $10,000 in grants to CARTER FAMILY MEMORIAL MUSIC CENTER.
Who is the largest funder of CARTER FAMILY MEMORIAL MUSIC CENTER?
EASTMAN CREDIT UNION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like CARTER FAMILY MEMORIAL MUSIC CENTER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 FY2024 (financials across 2017–2024), 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