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North Carolina · Nonprofit

NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION

NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION (North Carolina) receives grants from 27 organizations whose IRS filings report $6,265,196 to it, the largest being GREATER CHARLOTTE CULTURAL TRUST ($4,166,637). 17 of them have funded it in more than one year.

Revenue FY2025
$48M
Funders on record
27
Grants received
$6.3M
Net assets
$45M
17/27 repeat funderspeak grant-dependency 4%
01What it does

What North Carolina Performing Arts Center at Charlotte Foundation does

Mission

To present the best in the performing arts and, in partnership with others, share and employ the arts as a major catalyst to strengthen education, build community cohesiveness, and advance economic growth.

As stated on its FY2025 Form 990.

Program

  1. Blumenthal Arts made a profound impact in 2025, enriching the community, supporting artists, and driving economic growth across the Carolinas. As the region's premier arts destination and one of the nation's leading not-for-profit arts organizations, Blumenthal continued to expand access to the arts, welcome new audiences, and deliver meaningful cultural and economic value. In 2025, Blumenthal infused $96 million into the local economy, paid more than $650,000 directly to artists, and employed 795 people in support of world-class entertainment, immersive experiences, festivals, and educational programming. A major highlight of 2025 was the continued growth of Blume Studios, Blumenthal's immersive arts and experience hub. Life-Sized Monopoly enjoyed an extraordinary eight-month run, welcoming more than 41,000 ticketholders. Alongside it, The Magicians Table, an immersive theatrical magic experience, drew new audiences and expanded Blumenthal's reach beyond traditional performance formats. Together, these innovative offerings strengthened Blumenthal's role as a leader in experiential entertainment while generating significant local economic activity. Blumenthal's Broadway series…

    $48,343,622 spentof which $70,000 as grants$39,871,957 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $48,343,622.

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 ($28M) Expenses 100 ($28M) Net assets 100 ($31M)2018 Revenue 144 ($41M) Expenses 130 ($37M) Net assets 115 ($35M)2019 Revenue 153 ($43M) Expenses 153 ($43M) Net assets 111 ($34M)2020 Revenue 84 ($24M) Expenses 94 ($27M) Net assets 107 ($33M)2021 Revenue 96 ($27M) Expenses 82 ($23M) Net assets 136 ($41M)2022 Revenue 184 ($52M) Expenses 179 ($50M) Net assets 127 ($39M)2023 Revenue 162 ($46M) Expenses 160 ($45M) Net assets 134 ($41M)2024 Revenue 174 ($49M) Expenses 175 ($49M) Net assets 145 ($44M)2025 Revenue 170 ($48M) Expenses 180 ($51M) Net assets 147 ($45M)
'17'18'19'20'21'22'23'24'25
Revenue (170)Expenses (180)Net assets (147)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 2020 to 2021, from $47M to $73M (+55%).

$47M
$59M
$50M
$47M
$73M
$58M
$64M
$66M
$65M
'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: 2017 3% · 2018 2% · 2019 2% · 2020 4% · 2021 25% · 2022 5% · 2023 3% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

6% of NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 812 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$49k
’17
$3.8M
’18
$55k
’19
−$2.9M
’20
$4.1M
’21
$1.4M
’22
$512k
’23
−$370k
’24
−$2.7M
’25
2.9
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.

Board chair

David Head

Chair of the Board of Trustees

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed363132383437373537
Joined·+9+6+13+4+9+3+5+12
No longer listed·1457863710
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 17 funders, grant income rose $24k → $1.1M.

13 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% 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: $3.4M from 4 payers (the payer shares this organization's board, largest Foundation for the Carolinas). These are real filings, and they are not money NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION raised.

From the IRS filings of NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION’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 PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION leans on a few funders — its largest provides 67% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% 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 NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION.

67%
largest funder
80%
top three
~2
effective funders

Largest funder’s share by year: 2017 73% · 2018 82% · 2019 42% · 2020 51% · 2021 87% · 2022 31% · 2023 74% — broadly stable.

“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

57% of NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION'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

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

99% of NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION's grant income comes from North Carolina funders.

ME
NY
PA
NJ
CT
NC
FL

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

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

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 11 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

NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION has grown faster than half of the 550 arts & culture nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve2.9mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025

Organizations like NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION

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

95% of spending goes to programs.

Program 95%Management 4%Fundraising 1%

Governance

30
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

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 PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION: 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 NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION?
NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION (North Carolina) receives grants from 27 organizations whose IRS filings report $6,265,196 to it, the largest being GREATER CHARLOTTE CULTURAL TRUST ($4,166,637). 17 of them have funded it in more than one year.
How many funders does NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION have?
IRS filings report 27 organizations giving $6,265,196 in grants to NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION, 17 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION?
GREATER CHARLOTTE CULTURAL TRUST is the largest funder on record, with $4,166,637 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION 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 27 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