North Carolina · Nonprofit
THE NORTH CAROLINA THEATRE
THE NORTH CAROLINA THEATRE (North Carolina) receives grants from 20 organizations whose IRS filings report $843,965 to it, the largest being TRIANGLE COMMUNITY FOUNDATION INC ($223,000). 13 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2022
- $3.5M
- Funders on record
- 20
- Grants received
- $844k
- Net assets
- $-952052
What The North Carolina Theatre does
Mission
To strengthen the cultural vitality of the region and cultivate musical theatre appreciation by producing outstanding professional broadway musicals and developing the next generation of artists through youth training, performance, and outreach programs.
As stated on its FY2022 Form 990.
Programs
Nct conservatory includes year-round productions of professional theatre programming such as musicals and plays.
$251,469 spent$162,226 earned by the program7% of program spendingTo produce professional theatre productions.
$3,146,145 spent$1,332,127 earned by the program93% of program spending
The 2 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $3,397,614.
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.
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 $3.2M to $1.8M (−44%).
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.
Government-grant reliance: 2017 4% · 2018 5% · 2019 4% · 2020 21% · 2021 45% · 2022 37%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.
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
Elizabeth Doran
President & CEO
Board chair
Debbie Hammersla
Chair of board
As listed on its FY2022 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 11 funders, grant income rose $79k → $88k.
7 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 THE NORTH CAROLINA THEATRE’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
THE NORTH CAROLINA THEATRE has a broad base — no single funder exceeds 26% 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
69% 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 THE NORTH CAROLINA THEATRE.
Largest funder’s share by year: 2017 34% · 2018 37% · 2019 42% · 2020 24% · 2021 53% · 2022 31% · 2023 28% — 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
47% of THE NORTH CAROLINA THEATRE's funders are still giving 3 years after their first grant; 65% give in more than one year at all.
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
57% of THE NORTH CAROLINA THEATRE'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. Of the $366k that is directly attributable, 73% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $477k arriving through sponsors registered in 6 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.
Government funding THE NORTH CAROLINA THEATRE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.
- National Endowment for the Arts$20k
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 THE NORTH CAROLINA THEATRE
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for THE NORTH CAROLINA THEATRE: 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.
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 THE NORTH CAROLINA THEATRE?
- THE NORTH CAROLINA THEATRE (North Carolina) receives grants from 20 organizations whose IRS filings report $843,965 to it, the largest being TRIANGLE COMMUNITY FOUNDATION INC ($223,000). 13 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE NORTH CAROLINA THEATRE have?
- IRS filings report 20 organizations giving $843,965 in grants to THE NORTH CAROLINA THEATRE, 13 of which have funded it in more than one year.
- Who is the largest funder of THE NORTH CAROLINA THEATRE?
- TRIANGLE COMMUNITY FOUNDATION INC is the largest funder on record, with $223,000 in grants. The full list of funders is on this page.
- How can an organization like THE NORTH CAROLINA THEATRE 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 North Carolina Theatre →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 20 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