North Carolina · Nonprofit
DOWNTOWN BELMONT DEVELOPMENT ASSOC
DOWNTOWN BELMONT DEVELOPMENT ASSOC (North Carolina) receives grants from 2 organizations whose IRS filings report $65,325 to it, the largest being GASTON MEMORIAL HOSPITAL INC ($40,000). 2 of them have funded it in more than one year.
Against its field
DOWNTOWN BELMONT DEVELOPMENT ASSOC has grown faster than three-quarters of the 10,664 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 10,664 arts & culture nonprofits $100k–$1M, FY2025
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Gaston Memorial Hospital Foundation Incshared funderslocal
- Arts Sciences & Cultural Council of Charlotte Mecklenburg Incportfolio match
- The Arts Council of Fayetteville Cumberland County Incportfolio match
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
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.
75% of DOWNTOWN BELMONT DEVELOPMENT ASSOC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
reserve
Who funds it, year by year
2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $15k → $10k.
From the IRS filings of DOWNTOWN BELMONT DEVELOPMENT ASSOC’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
DOWNTOWN BELMONT DEVELOPMENT ASSOC leans on a few funders — its largest provides 61% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
61% 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 DOWNTOWN BELMONT DEVELOPMENT ASSOC.
Largest funder’s share by year: 2020 98% · 2021 100% · 2022 100% · 2023 100% — 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.
Where its funders are
100% of DOWNTOWN BELMONT DEVELOPMENT ASSOC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
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.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.
- Gaston Memorial Hospital Foundation Incshared funderslocalNC · backs 7 organizations that share your funders · funds 10 organizations near you
- Arts Sciences & Cultural Council of Charlotte Mecklenburg Incportfolio matchits grantees resemble your mission
- The Arts Council of Fayetteville Cumberland County Incportfolio matchits grantees resemble your mission
- United Arts Council of Raleigh and Wake County Incportfolio matchits grantees resemble your mission
- The Durham Arts Council Incportfolio matchits grantees resemble your mission
- Arts & Science Council Charlotte/Mecklenburg Incportfolio matchits grantees resemble your mission
- United Arts Council of Greensboro Incportfolio matchits grantees resemble your mission
- The Arts Council Incportfolio matchits grantees resemble your mission
- Arts Council of Wilmington and New Hanover Countyportfolio matchits grantees resemble your mission
- Asheville Area Arts Councilportfolio matchits grantees resemble your mission
- Arts Council of Fairfax County Incportfolio matchits grantees resemble your mission
- Frisco Association for the Artsportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Organizations like DOWNTOWN BELMONT DEVELOPMENT ASSOC
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
71%
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 DOWNTOWN BELMONT DEVELOPMENT ASSOC: 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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DOWNTOWN BELMONT DEVELOPMENT ASSOC?
- DOWNTOWN BELMONT DEVELOPMENT ASSOC (North Carolina) receives grants from 2 organizations whose IRS filings report $65,325 to it, the largest being GASTON MEMORIAL HOSPITAL INC ($40,000). 2 of them have funded it in more than one year.
- How many funders does DOWNTOWN BELMONT DEVELOPMENT ASSOC have?
- IRS filings report 2 organizations giving $65,325 in grants to DOWNTOWN BELMONT DEVELOPMENT ASSOC, 2 of which have funded it in more than one year.
- Who is the largest funder of DOWNTOWN BELMONT DEVELOPMENT ASSOC?
- GASTON MEMORIAL HOSPITAL INC is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
- How can an organization like DOWNTOWN BELMONT DEVELOPMENT ASSOC 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 2021–2025), and the filings of 2funders 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 August 27, 2026. What this page cannot tell you · view filing