North Carolina · Nonprofit
Montage Living
Montage Living (North Carolina) receives grants from 2 organizations whose IRS filings report $1,114,074 to it, the largest being FOUNDATION FOR THE CAROLINAS ($1,000,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $32M
- Funders on record
- 2
- Grants received
- $1.1M
- Net assets
- $-52987918
What Montage Living does
Mission
The goal of the organization is to enrich the lives of its residents by providing an environment that is physically, mentally, spiritually and emotionally stimulating. It offers vibrant programs to make each resident feel at home and to live healthy and happy lives.
As stated on its FY2023 Form 990.
Programs
Assisted living is provided to elderly residents (over age 55) who receive assistance with all activities of daily living, planned activities and nutritious dietician approved meals, as well as rehabilitation services as needed. The organization offers recreational activities, including book clubs, garden clubs, fitness opportunities and off-site outing. Transportation is included to worship services, cultural events and shopping. Programs are provided to assist residents with health management, housekeeping, personal care and other general lifestyle needs. Rental rates are set at or below market rate for the area as determined by a third party analysts with other services provided at the lowest feasible cost.
$23,421,175 spent$18,581,115 earned by the program57% of program spendingMemory care facility residents receive additional medical services to meet these residents' unique medical needs. Those living with Alzheimer's or other related diseases of dementia are given a safe and welcoming environment. Assistance is offered for activities of daily living, dietician approved meals, in-house rehabilitation, limited medical care, transportation for off-site medical examinations and follow-up treatment. Rental rates are set at or below market rate for the area as determined by a third party analysts with other services provided at the lowest feasible cost.
$2,344,687 spent$1,830,593 earned by the program6% of program spendingThe independent living community program has a 24-hour staff and features various size accommodations with private living quarters. Independent living residents enjoy the amenities of the facilities. Daily events and activities designed to engage residents and promote continued independence and activity is provided by the organization's staff. The organization also offers transportation for activities, medical care and worship services. Housing is available at rates that are within the financial reach of a significant segment of the elderly population with rates that are set at or below the market rate for the area.
$15,205,050 spent$11,871,205 earned by the program37% of program spendingThe respite care program provides short-term care designed to provide relief to the caregiver. Six of the Montage Senior Living locations provide this service with the costs based on availability. Participants in the respite care program receive assistance with all activities of daily living, planned activities and nutritious dietician approved meals, as well as rehabilitation services as needed.
$3,268 spent$2,552 earned by the program0% of program spendingOther Income, including application and laundry fees.
The 5 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $40,974,180.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $30M to $89M (+192%).
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.
Government-grant reliance: 2020 11% · 2021 1% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
0% of Montage Living’s revenue is contributions — more earned-revenue than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 6 reported years ran a deficit.
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.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 Montage Living’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
Montage Living leans on a few funders — its largest provides 90% 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
100% 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 Montage Living.
“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 Montage Living'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. Too little is directly attributable to place on a map.
Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 1 state 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.
Against its field
Montage Living has grown faster than three-quarters of the 760 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 760 housing & shelter nonprofits $10M–$100M, FY2023
Organizations like Montage Living
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 16 related entities
- ML Austin Village LLC · disregarded
- ML Brookside Glen Holding LLC · disregarded
- ML Greenville Glen Holding LLC · disregarded
- ML The Renaissance Holding LLC · disregarded
- ML Woodbridge Clinton Holding LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for Montage Living: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Montage Living?
- Montage Living (North Carolina) receives grants from 2 organizations whose IRS filings report $1,114,074 to it, the largest being FOUNDATION FOR THE CAROLINAS ($1,000,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Montage Living have?
- IRS filings report 2 organizations giving $1,114,074 in grants to Montage Living.
- Who is the largest funder of Montage Living?
- FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
- How can an organization like Montage Living 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 FY2023 (financials across 2018–2023), and the filings of 2 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