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North Carolina · Nonprofit

Partnership for Art at the Core of Education

Partnership for Art at the Core of Education (North Carolina) receives grants from 2 organizations whose IRS filings report $11,586 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($10,000). 1 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 FY2025
$5.3M
Funders on record
2
Grants received
$12k
Net assets
$2.4M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Partnership for Art at the Core of Education does

Mission

To operate a public charter school.

As stated on its FY2025 Form 990.

Program

  1. Operation of a public charter school in Swannanoa, North Carolina, serving approximately 399 students for the fiscal year ended June 30, 2025.

    $4,080,309 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,080,309.

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 ($3.8M) Expenses 100 ($3.7M) Net assets 100 ($2.0M)2018 Revenue 103 ($3.9M) Expenses 102 ($3.8M) Net assets 109 ($2.2M)2019 Revenue 102 ($3.9M) Expenses 106 ($3.9M) Net assets 109 ($2.2M)2020 Revenue 104 ($4.0M) Expenses 105 ($3.9M) Net assets 114 ($2.3M)2021 Revenue 115 ($4.4M) Expenses 112 ($4.1M) Net assets 129 ($2.6M)2022 Revenue 120 ($4.6M) Expenses 126 ($4.6M) Net assets 127 ($2.6M)2023 Revenue 127 ($4.9M) Expenses 158 ($5.8M) Net assets 80 ($1.6M)2024 Revenue 143 ($5.5M) Expenses 132 ($4.8M) Net assets 112 ($2.3M)2025 Revenue 138 ($5.3M) Expenses 136 ($5.0M) Net assets 117 ($2.4M)
'17'18'19'20'21'22'23'24'25
Revenue (138)Expenses (136)Net assets (117)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 2022 to 2023, from $2.7M to $1.7M (−38%).

$2.1M
$2.2M
$2.2M
$2.3M
$2.6M
$2.7M
$1.7M
$2.3M
$2.5M
'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 86% · 2018 4% · 2019 3% · 2020 3% · 2021 8% · 2022 10% · 2023 12% · 2024 7% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

6% of Partnership for Art at the Core of Education’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$155k
’17
$179k
’18
$2k
’19
$99k
’20
$307k
’21
−$37k
’22
−$949k
’23
$653k
’24
$312k
’25
3.0
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.

Board chair

Candace Reilly

Board Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed12779108899
Joined·+3+0+7+2+3+0+3+0
No longer listed·80515020
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $374 → $326.

Funder
'20
'21
'22
'23
'25*
total
funders
1
1
1
1
1

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 Partnership for Art at the Core of Education’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

Partnership for Art at the Core of Education leans on a few funders — its largest provides 86% 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 Partnership for Art at the Core of Education.

86%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — 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.

Where its funders are

100% of Partnership for Art at the Core of Education'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. $12k arriving through sponsors registered in 2 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

Partnership for Art at the Core of Education runs a healthier operating margin than half of the 9,398 education nonprofits its size.

Operating margin6% · above the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like Partnership for Art at the Core of Education

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

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Foundation for the Arts at the Core of Education Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Partnership for Art at the Core of Education: 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 Partnership for Art at the Core of Education?
Partnership for Art at the Core of Education (North Carolina) receives grants from 2 organizations whose IRS filings report $11,586 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($10,000). 1 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 Partnership for Art at the Core of Education have?
IRS filings report 2 organizations giving $11,586 in grants to Partnership for Art at the Core of Education, 1 of which have funded it in more than one year.
Who is the largest funder of Partnership for Art at the Core of Education?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like Partnership for Art at the Core of Education 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.

Play a game about who funds Partnership for Art at the Core of Education →

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 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