North Carolina · Nonprofit
TRYON PALACE FOUNDATION INC
TRYON PALACE FOUNDATION INC (North Carolina) receives grants from 19 organizations whose IRS filings report $1,749,235 to it, the largest being NORTH CAROLINA COMMUNITY FOUNDATION ($634,439). 10 of them have funded it in more than one year.
- Revenue FY2024
- $3.0M
- Funders on record
- 19
- Grants received
- $1.7M
- Net assets
- $9.5M
What Tryon Palace Foundation Inc does
Mission
The mission of the tryon palace foundation is to support the tryon palace historic sites and gardens by protecting, preserving, and developing the legacy of its historical past. We accomplish this through education of children and visitors from around the globe, by being good stewards of what has been entrusted to us and by ensuring its future for present and future generations.
As stated on its FY2024 Form 990.
Programs
As a supporting organization, tryon palace foundation uses funds raised from contributions, membership, grants, and proceeds from fundraising events, to support tryon palace in fulfilling its mission.funding supports general operations, educational programming, lectures and special events, historic interpretation groups, new exhibit openings, an awards program that offsets the cost of field trips and outreach programs for title I schools. In 2024, two foundation fundraisers generated unrestricted funds in support of tryon palace's mission and programs. The foundation owns property in downtown new bern for use as a community park and educational site. This property will also be the site of the new z. Smith reynolds inclusive public art piece. The tryon palace annex is another site owned and maintained by the foundation for use as a tryon palace collections conservation lab, work area, and storage space.
$647,272 spent76% of program spendingPromotion of special historic, educational, and cultural events at tryon palace.the foundation was gifted property in downtown new bern to be used as a community park and educational site. This site allows for tryon palace reenactment groups to interpret history in a very visible location, extending reach to downtown visitors. In 2024, the foundation received a grant for archaeological surveyance to clermont, a tryon palace property planned for future development as an educational historic site including nature trails and programs that focus on archaeology, the indigenous peoples who once lived there, civil war history and information on richard dobbs spaight (revolution). The foundation continues to provide support for special programming and for our reenactment interpretive groups.
$69,159 spent8% of program spendingThe foundation promotes and advocates for educational programming for adults and children.the palace scholars program helps to offset costs for field trips to tryon palace for title I schools. In 2024, more than $47,000 was awarded to 56 title I schools enabling approximately 4,000 students to take a field trip to tryon palace. Funded with a grant received from the anonymous trust, the palace scholars outreach program brings costumed interpreters into the classroom of title I schools who are unable to travel to tryon palace. The interpreters deliver lessons that focus on tryon palace's colonial history, as well as 18th century fiber arts and military life. In 2024, the costumed interpreters travelled to 18 schools and delivered living history lessons and hands-on demonstrations to nearly 1,700 students.in january and february 2024, the foundation worked in partnership with the craven community college lifetime learning center to bring 3 programs to tryon palace that focused on new bern history with speakers from nc dncr archives, tryon palace staff and a well-known eastern north carolina historian.
$140,164 spent$3,238 earned by the program16% of program spendingPromotion of free concerts and other programs that provide additional opportunities to expose the public to the historical and cultural mission of tryon palace.
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $856,595.
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 2023 to 2024, from $7.3M to $9.6M (+31%).
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 21% · 2020 46% · 2024 68%. Grants only. Government contracts and fees sit inside program revenue.
89% of TRYON PALACE FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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
2017 → 2023: the base broadened from 3 funders to 11 funders, grant income rose $38k → $286k.
5 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% 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 TRYON PALACE FOUNDATION INC’s funders (the co-funder graph). Top 18 of 19 funders by total. 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
TRYON PALACE FOUNDATION INC has a broad base — no single funder exceeds 36% 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
45% 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 TRYON PALACE FOUNDATION INC.
Largest funder’s share by year: 2017 69% · 2018 70% · 2019 41% · 2020 43% · 2021 69% · 2022 38% · 2023 30% — 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
67% of TRYON PALACE FOUNDATION INC's funders are still giving 3 years after their first grant; 53% 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
80% of TRYON PALACE FOUNDATION INC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $746k arriving through sponsors registered in 3 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
TRYON PALACE FOUNDATION INC runs a healthier operating margin than three-quarters of the 5,127 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024
Organizations like TRYON PALACE FOUNDATION 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
85% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Tryon Palace · exempt
- Tryon Palace Commission · exempt
Screen this organization
A dated, signed PDF of the compliance screen for TRYON PALACE FOUNDATION 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 TRYON PALACE FOUNDATION INC?
- TRYON PALACE FOUNDATION INC (North Carolina) receives grants from 19 organizations whose IRS filings report $1,749,235 to it, the largest being NORTH CAROLINA COMMUNITY FOUNDATION ($634,439). 10 of them have funded it in more than one year.
- How many funders does TRYON PALACE FOUNDATION INC have?
- IRS filings report 19 organizations giving $1,749,235 in grants to TRYON PALACE FOUNDATION INC, 10 of which have funded it in more than one year.
- Who is the largest funder of TRYON PALACE FOUNDATION INC?
- NORTH CAROLINA COMMUNITY FOUNDATION is the largest funder on record, with $634,439 in grants. The full list of funders is on this page.
- How can an organization like TRYON PALACE FOUNDATION 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 Tryon Palace →
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 19 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