North Carolina · Nonprofit
THEATRE RALEIGH INC
THEATRE RALEIGH INC (North Carolina) receives grants from 12 organizations whose IRS filings report $229,161 to it, the largest being UNITED ARTS COUNCIL OF RALEIGH AND WAKE COUNTY INC ($64,591). 9 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.1M
- Funders on record
- 12
- Grants received
- $229k
- Net assets
- $439k
What Theatre Raleigh Inc does
Mission
The mission of theatre raleigh, inc. Is to produce work with an artistic scope that includes musical theatre, drama, comedy, concerts, theatre for young audiences, as well as the development of new theatrical projects. Theatre raleigh, inc. Will nurture a tradition of intimate, professional live performances while enhancing, stimulating and providing opportunities to our community, thus contributing to its vitality.
As stated on its FY2024 Form 990.
Program
The production of shows in accordance with its purpose to act as an educational outreach theatre.
$1,575,900 spent$609,473 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,575,900.
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.
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 $195k to $503k (+158%).
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: 2019 1% · 2020 15% · 2021 26% · 2022 12% · 2023 4% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.
66% of THEATRE RALEIGH INC’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 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.
Who funds it, year by year
2018 → 2023: the base broadened from 2 funders to 8 funders, grant income rose $6k → $68k.
5 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% 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 THEATRE RALEIGH INC’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
THEATRE RALEIGH INC leans on a few funders — its largest provides 28% of grant income and the top three 68%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
80% 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 THEATRE RALEIGH INC.
Largest funder’s share by year: 2018 96% · 2020 58% · 2021 91% · 2022 55% · 2023 37% — 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
25% of THEATRE RALEIGH INC's funders are still giving 3 years after their first grant; 75% 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
51% of THEATRE RALEIGH INC'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 $112k that is directly attributable, 98% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $118k arriving through sponsors registered in 5 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.
Against its field
THEATRE RALEIGH INC has grown faster than three-quarters of the 5,136 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024
Organizations like THEATRE RALEIGH INC
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
79% of spending goes to programs.
Governance
Public support
83%
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 THEATRE RALEIGH INC: 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 THEATRE RALEIGH INC?
- THEATRE RALEIGH INC (North Carolina) receives grants from 12 organizations whose IRS filings report $229,161 to it, the largest being UNITED ARTS COUNCIL OF RALEIGH AND WAKE COUNTY INC ($64,591). 9 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THEATRE RALEIGH INC have?
- IRS filings report 12 organizations giving $229,161 in grants to THEATRE RALEIGH INC, 9 of which have funded it in more than one year.
- Who is the largest funder of THEATRE RALEIGH INC?
- UNITED ARTS COUNCIL OF RALEIGH AND WAKE COUNTY INC is the largest funder on record, with $64,591 in grants. The full list of funders is on this page.
- How can an organization like THEATRE RALEIGH INC 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 Theatre Raleigh →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12 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 22, 2026. What this page cannot tell you · view filing