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North Carolina · Nonprofit

Thalian Hall Center for the Performing Arts Incorporated

Thalian Hall Center for the Performing Arts Incorporated (North Carolina) receives grants from 21 organizations whose IRS filings report $358,931 to it, the largest being FREDERICK LOEWE FOUNDATION INC ($61,009). 10 of them have funded it in more than one year.

Revenue FY2025
$4.3M
Funders on record
21
Grants received
$359k
Net assets
$3.7M
10/21 repeat funderspeak grant-dependency 7%
01What it does

What Thalian Hall Center for the Performing Arts Incorporated does

Mission

To present a broad range of educational, entertainment, and cultural programs; to be a major regional resource for quality spaces, equipment and services; and to preserve the symbol of Wilmington's cultural heritage for future generations

As stated on its FY2025 Form 990.

Program

  1. The organization was established to encourage and assist in the preservation and restoration of Thalian Hall, an historic theatre owned by the City of Wilmington, and to promote the arts in the area.

    $1,728,641 spent$1,609,425 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,728,641.

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 ($1.3M) Expenses 100 ($1.4M) Net assets 100 ($705k)2018 Revenue 102 ($1.4M) Expenses 100 ($1.4M) Net assets 98 ($693k)2019 Revenue 102 ($1.3M) Expenses 96 ($1.3M) Net assets 102 ($722k)2020 Revenue 96 ($1.3M) Expenses 95 ($1.3M) Net assets 99 ($697k)2021 Revenue 58 ($771k) Expenses 61 ($840k) Net assets 108 ($764k)2022 Revenue 181 ($2.4M) Expenses 119 ($1.6M) Net assets 213 ($1.5M)2023 Revenue 128 ($1.7M) Expenses 113 ($1.6M) Net assets 235 ($1.7M)2024 Revenue 149 ($2.0M) Expenses 136 ($1.9M) Net assets 251 ($1.8M)2025 Revenue 326 ($4.3M) Expenses 174 ($2.4M) Net assets 527 ($3.7M)
'17'18'19'20'21'22'23'24'25
Revenue (326)Expenses (174)Net assets (527)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 2024 to 2025, from $2.3M to $4.2M (+81%).

$829k
$796k
$836k
$861k
$895k
$1.8M
$2.0M
$2.3M
$4.2M
'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 10% · 2018 10% · 2019 10% · 2020 21% · 2021 36% · 2022 39% · 2023 9% · 2024 8% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

62% of Thalian Hall Center for the Performing Arts Incorporated’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 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.

−$50k
’17
−$17k
’18
$26k
’19
−$27k
’20
−$68k
’21
$757k
’22
$152k
’23
$104k
’24
$1.9M
’25
11
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.

Chief executive

Shane Fernando

Executive Director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023, and between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed242418242020222624
Joined·+0+3+7+1+1+8+4+3
No longer listed·09151605
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $8k → $35k.

8 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% 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 Thalian Hall Center for the Performing Arts Incorporated’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

Thalian Hall Center for the Performing Arts Incorporated has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

57% 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 Thalian Hall Center for the Performing Arts Incorporated.

17%
largest funder
41%
top three
~11
effective funders

Largest funder’s share by year: 2017 100% · 2018 98% · 2019 59% · 2020 36% · 2021 38% · 2022 39% · 2023 43% — 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

50% of Thalian Hall Center for the Performing Arts Incorporated's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y

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

Thalian Hall Center for the Performing Arts Incorporated draws 61% of its grant income from funders outside North Carolina, across 7 states in all.

MN
NY
MA
DE
NC
GA
TX

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

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $100k arriving through sponsors registered in 7 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

Thalian Hall Center for the Performing Arts Incorporated runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin45% · top quartile
Months of reserve10.6mo · top quartile
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like Thalian Hall Center for the Performing Arts Incorporated

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

72% of spending goes to programs.

Program 72%Management 19%Fundraising 9%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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 Thalian Hall Center for the Performing Arts Incorporated: 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 Thalian Hall Center for the Performing Arts Incorporated?
Thalian Hall Center for the Performing Arts Incorporated (North Carolina) receives grants from 21 organizations whose IRS filings report $358,931 to it, the largest being FREDERICK LOEWE FOUNDATION INC ($61,009). 10 of them have funded it in more than one year.
How many funders does Thalian Hall Center for the Performing Arts Incorporated have?
IRS filings report 21 organizations giving $358,931 in grants to Thalian Hall Center for the Performing Arts Incorporated, 10 of which have funded it in more than one year.
Who is the largest funder of Thalian Hall Center for the Performing Arts Incorporated?
FREDERICK LOEWE FOUNDATION INC is the largest funder on record, with $61,009 in grants. The full list of funders is on this page.
How can an organization like Thalian Hall Center for the Performing Arts Incorporated 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 Thalian Hall Center for the Performing Arts →

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 21 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