Skip to content

North Carolina · Nonprofit

HART SQUARE FOUNDATION INC

HART SQUARE FOUNDATION INC (North Carolina) receives grants from 35 organizations whose IRS filings report $1,262,099 to it, the largest being GEORGE FOUNDATION INC ($205,000). 22 of them have funded it in more than one year.

Revenue FY2025
$938k
Funders on record
35
Grants received
$1.3M
Net assets
$5.4M
22/35 repeat funderspeak grant-dependency 27%
01What it does

What Hart Square Foundation Inc does

Mission

Hart square foundation preserves and shares hart square village, the nation's largest collection of historic log structures. In addition to preserving the 200 to 300-year-old structures entrusted to our care, the foundation shares and teaches the craft, trades and practices of the region.

As stated on its FY2025 Form 990.

Programs

  1. Community events: hart square village is shared at events that preserve cultural heritage by showcasing traditional arts, trades and practices of north carolina. Folklife cultural traditions are featured through a wide slate of annual offerings including traditional dance, music, cultural foodways, immersive folklife demonstrations and a foklife film series.

    $239,881 spent$161,920 earned by the program
    29% of program spending
  2. Hart square foundation creates lifelong learning opportunities that allow participants to engage in hands-on history through field trips, traditional craft and trade classes, and historic group tours. Programming centers around traditional arts and trades, science and agriculture, and history immersion. Students observe artists and tradespeople at work, engage in hands-on learning, and experience creating something together. Our programs engage school-age children up to retirees.

    $190,899 spent$122,972 earned by the program
    23% of program spending
  3. Historic preservation: hart square foundation preserves and restores the 103 historic structures that comprise the hart square village open-air museum. Priority restoration projects are identified and completed annually. Projects include re-roofing, foundation stabilization, rotten log replacement, chinking, daubing, water damage remediation, and more. Our team works with experts in the preservation field as well as the north carolina state historic preservation office to maintain best practices.

    $409,520 spent
    49% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $840,300.

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 ($979k) Expenses 100 ($170k) Net assets 100 ($3.2M)2018 Revenue 94 ($919k) Expenses 130 ($220k) Net assets 105 ($3.4M)2019 Revenue 140 ($1.4M) Expenses 204 ($347k) Net assets 122 ($3.9M)2020 Revenue 136 ($1.3M) Expenses 223 ($379k) Net assets 153 ($4.9M)2021 Revenue 41 ($402k) Expenses 272 ($462k) Net assets 162 ($5.2M)2022 Revenue 178 ($1.7M) Expenses 439 ($746k) Net assets 158 ($5.1M)2023 Revenue 103 ($1.0M) Expenses 494 ($839k) Net assets 169 ($5.4M)2024 Revenue 102 ($1.0M) Expenses 622 ($1.1M) Net assets 170 ($5.5M)2025 Revenue 96 ($938k) Expenses 631 ($1.1M) Net assets 168 ($5.4M)
'17'18'19'20'21'22'23'24'25
Revenue (96)Expenses (631)Net assets (168)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 $4.5M to $6.0M (+33%).

$3.2M
$3.4M
$4.5M
$6.0M
$6.2M
$6.1M
$6.4M
$6.4M
$6.3M
'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 11% · 2022 11% · 2023 19% · 2024 9% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

48% of HART SQUARE FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).

This organization
Typical peer · 7,844 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.

$809k
’17
$699k
’18
$1.0M
’19
$957k
’20
−$60k
’21
$1.0M
’22
$166k
’23
−$52k
’24
−$133k
’25
2.0
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.

'17'18'19'20'21'22'23'24'25
Listed3798109799
Joined·+6+2+0+2+0+2+5+0
No longer listed·20101430
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 21 funders, grant income rose $78k → $267k.

9 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% 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 HART SQUARE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 35 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

HART SQUARE FOUNDATION INC has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

26% 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 HART SQUARE FOUNDATION INC.

16%
largest funder
35%
top three
~14
effective funders

Largest funder’s share by year: 2017 64% · 2018 76% · 2019 100% · 2020 37% · 2021 37% · 2022 27% · 2023 21% — 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

30% of HART SQUARE FOUNDATION INC's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

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

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 HART SQUARE FOUNDATION INC's grant income comes from North Carolina funders.

NY
PA
DE
TN
NC
DC
TX

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

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

Funder states come from each funder’s own filing. $299k arriving through sponsors registered in 7 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

HART SQUARE FOUNDATION INC's funding base is broadening — from 3 funders to 21 as grant income climbed.

Operating margin−14% · bottom quartile
Months of reserve2.0mo · bottom quartile
Revenue growth (annualized)−1% · below the median

this organization peer median middle 50% of peers· 4,505 philanthropy nonprofits $100k–$1M, FY2025

Organizations like HART SQUARE FOUNDATION 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

78% of spending goes to programs.

Program 78%Management 17%Fundraising 4%

Governance

9
board members
78%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

77%

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

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for HART SQUARE FOUNDATION 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.

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 HART SQUARE FOUNDATION INC?
HART SQUARE FOUNDATION INC (North Carolina) receives grants from 35 organizations whose IRS filings report $1,262,099 to it, the largest being GEORGE FOUNDATION INC ($205,000). 22 of them have funded it in more than one year.
How many funders does HART SQUARE FOUNDATION INC have?
IRS filings report 35 organizations giving $1,262,099 in grants to HART SQUARE FOUNDATION INC, 22 of which have funded it in more than one year.
Who is the largest funder of HART SQUARE FOUNDATION INC?
GEORGE FOUNDATION INC is the largest funder on record, with $205,000 in grants. The full list of funders is on this page.
How can an organization like HART SQUARE FOUNDATION 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.

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 35 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 22, 2026. What this page cannot tell you · view filing