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North Carolina · Nonprofit

STEEL CITY ARTS FOUNDATION

STEEL CITY ARTS FOUNDATION (North Carolina) receives grants from 2 organizations whose IRS filings report $201,260 to it, the largest being P2 HOLDING ($186,664). 1 of them have funded it in more than one year.

Revenue FY2024
$140k
Funders on record
2
Grants received
$201k
Net assets
$152k
1/2 repeat fundersgrants exceed reported revenue in one year
01What it does

What Steel City Arts Foundation does

Mission

Steel City Arts Foundation exists to help up and coming comedians by providing living space, workspace, event space, and assistance with daily needs while they work on their skills. Artists make the world a better place, we make the world a better place for artists.

As stated on its FY2024 Form 990.

Program

  1. Provide programming, training, assistance, creative work space, performance space, and living space to up and coming artists.

    $92,294 spent$2,894 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $92,294.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($87k) Expenses 100 ($5k) Net assets 100 ($82k)2022 Revenue 261 ($227k) Expenses 3382 ($172k) Net assets 167 ($137k)2023 Revenue 216 ($187k) Expenses 3424 ($174k) Net assets 183 ($150k)2024 Revenue 161 ($140k) Expenses 2706 ($138k) Net assets 186 ($152k)
2021202220232024
Revenue (161)Expenses (2706)Net assets (186)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 2021 to 2022, from $82k to $137k (+67%).

$82k
$137k
$152k
$152k
2021202220232024
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.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

98% of STEEL CITY ARTS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$82k
’21
$55k
’22
$13k
’23
$2k
’24
0.5
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.

202220232024
Listed91212
Joined·+5+0
No longer listed·20
03Who funds it

Who funds it, year by year

2021 → 2022: the base broadened from 1 funder to 2 funders, grant income fell $155k → $46k.

Funder
'21
'22
total
P2 Holdingunclassified
$187k
funders
1
2

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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 STEEL CITY ARTS 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

STEEL CITY ARTS FOUNDATION leans on a few funders — its largest provides 93% 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 STEEL CITY ARTS FOUNDATION.

93%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 68% — 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.

Where its funders are

STEEL CITY ARTS FOUNDATION draws 100% of its grant income from funders outside North Carolina, across 1 state in all.

GA

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

’21
’22
North Carolina out of state home

Funder states come from each funder’s own filing. $15k 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.

04Its place in the field

Against its field

STEEL CITY ARTS FOUNDATION has grown faster than half of the 21,616 human services nonprofits its size.

Operating margin2% · below the median
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like STEEL CITY ARTS 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

67% of spending goes to programs.

Program 67%Management 33%Fundraising 0%

Governance

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

Public support

39%

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

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for STEEL CITY ARTS 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 STEEL CITY ARTS FOUNDATION?
STEEL CITY ARTS FOUNDATION (North Carolina) receives grants from 2 organizations whose IRS filings report $201,260 to it, the largest being P2 HOLDING ($186,664). 1 of them have funded it in more than one year.
How many funders does STEEL CITY ARTS FOUNDATION have?
IRS filings report 2 organizations giving $201,260 in grants to STEEL CITY ARTS FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of STEEL CITY ARTS FOUNDATION?
P2 HOLDING is the largest funder on record, with $186,664 in grants. The full list of funders is on this page.
How can an organization like STEEL CITY ARTS 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.

Play a game about who funds Steel City Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), 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