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North Carolina · Nonprofit

NORTH CAROLINA FOLK FESTIVAL

NORTH CAROLINA FOLK FESTIVAL (North Carolina) receives grants from 20 organizations whose IRS filings report $452,648 to it, the largest being WEAVER FOUNDATION INC ($95,329). 11 of them have funded it in more than one year.

$1.2M
Revenue FY2024
20
Funders on record
$453k
Grants received
$-9757
Net assets
11/20 repeat funderspeak grant-dependency 13%

Against its field

NORTH CAROLINA FOLK FESTIVAL has grown faster than three-quarters of the 5,123 arts & culture nonprofits its size.

Operating margin−1% · below the median
Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 5,123 arts & culture nonprofits $1M–$10M, FY2024

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.

See all 12 prospects and why each one surfaced →
01The 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 0 ($0) Expenses 0 ($0) Net assets 0 ($0)2020 Revenue 100 ($438k) Expenses 100 ($660k) Net assets 100 ($22k)2021 Revenue 254 ($1.1M) Expenses 160 ($1.1M) Net assets 392 ($85k)2022 Revenue 300 ($1.3M) Expenses 187 ($1.2M) Net assets 797 ($173k)2023 Revenue 235 ($1.0M) Expenses 183 ($1.2M) Net assets 28 ($6k)2024 Revenue 277 ($1.2M) Expenses 186 ($1.2M) Net assets -45 ($-9757)
201720202021202220232024
Revenue (277)Expenses (186)Net assets (-45)Peer revenue range

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
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 57% · 2021 29% · 2022 33% · 2023 25% · 2024 13%. Grants only. Government contracts and fees sit inside program revenue.

81% of NORTH CAROLINA FOLK FESTIVAL’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 5,374 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$0
17
$222k
20
$53k
21
$78k
22
$177k
23
$16k
24
1.3
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $500 → $110k.

7 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF)17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $286k from 5 payers (the payer shares this organization's board, largest Piedmont Triad Charitable Foundation D/B/A Wyndham Championship). These are real filings, and they are not money NORTH CAROLINA FOLK FESTIVAL raised.

From the IRS filings of NORTH CAROLINA FOLK FESTIVAL’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

NORTH CAROLINA FOLK FESTIVAL has a broad base — no single funder exceeds 21% 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

21%
largest funder
51%
top three
~9
effective funders

Largest funder’s share by year: 2018 100% · 2019 71% · 2020 26% · 2021 20% · 2022 21% · 2023 41%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

60% of NORTH CAROLINA FOLK FESTIVAL's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

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

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

82% of NORTH CAROLINA FOLK FESTIVAL's grant income comes from North Carolina funders.

PA
NC
GA

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

18
19
20
21
22
23
North Carolina out of state home

Funder states come from each funder’s own filing. $77k arriving through sponsors registered in 7 statesis 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.

03Its place in the field

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. Your 20 funders put you under-funded among the 400 organizations that share them.

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.

Government funding NORTH CAROLINA FOLK FESTIVAL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $359k on record.

Federal$359k
grants $359kcontracts $0
20
21
22
23
24
Top agencies
  • National Endowment for the Arts$359k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTH CAROLINA FOLK FESTIVAL

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

04Profile & governance

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

Where the money goes

76% of spending goes to programs.

Program 76%Management 21%Fundraising 3%

Governance

16
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

96%

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 NORTH CAROLINA FOLK FESTIVAL: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTH CAROLINA FOLK FESTIVAL?
NORTH CAROLINA FOLK FESTIVAL (North Carolina) receives grants from 20 organizations whose IRS filings report $452,648 to it, the largest being WEAVER FOUNDATION INC ($95,329). 11 of them have funded it in more than one year.
How many funders does NORTH CAROLINA FOLK FESTIVAL have?
IRS filings report 20 organizations giving $452,648 in grants to NORTH CAROLINA FOLK FESTIVAL, 11 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA FOLK FESTIVAL?
WEAVER FOUNDATION INC is the largest funder on record, with $95,329 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA FOLK FESTIVAL 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 FY2024 (financials across 2017–2024), and the filings of 20funders 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