Arts & Science Council

Charlotte, NC · Unknown exempt organization

Revenue
$540K
-93% vs prior year
Spent
$1.1M
To programs
65%
Net assets
$0
By yearFY2020–FY2025
Revenue
$540K
FY2025▼ -93%
Revenue by fiscal year
FY2020$11.7M
FY2021$11.6M
FY2022$8.3M
FY2023$9.7M
FY2024$8.0M
FY2025$540K
Expenses
$1.1M
FY2025▼ -89%
Expenses by fiscal year
FY2020$16.5M
FY2021$13.3M
FY2022$7.8M
FY2023$9.3M
FY2024$9.6M
FY2025$1.1M
Net assets
$0
FY2025▼ -100%
Net assets by fiscal year
FY2020$27.7M
FY2021$32.5M
FY2022$29.8M
FY2023$32.2M
FY2024$35.3M
FY2025$0

From the FY2025 Form 990 (year ending June 2025) · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CArts & Science Council
EINHdr · item D56-0693436
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCharlotte, NC
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.artsandscience.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.15 Fundraising $0.20
Program services65%$705K
Management & general15%$163K
Fundraising20%$212K
Total functional expensesLn 25$1.1M

Financial health

Is it on solid ground?

Surplus margin
-100%
revenue over expenses, this year▼ -428% vs prior filing year
Program spending
65%
of expenses reach programs▼ -23% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$0
FY2025▼ -100%
Total assets by fiscal year
FY2020$39.9M
FY2021$42.5M
FY2022$37.1M
FY2023$40.1M
FY2024$42.2M
FY2025$0
Total liabilities
$0
FY2025▼ -100%
Total liabilities by fiscal year
FY2020$12.2M
FY2021$10.0M
FY2022$7.3M
FY2023$7.9M
FY2024$6.9M
FY2025$0
Revenue less expensesPt I · Ln 19−$540K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Statement of Revenue

Part VIII
Contributions & grants$476K · 88%
Other revenue$62K · 12%
Contributions & grants88%$476K
Other revenue12%$62K
Investment income$1K
— government grantsLn 1e$428K
Total revenueLn 12$540K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $1.1M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $705K · Total expenses $1.1M
65%
Management & General
Management & general $163K · Total expenses $1.1M
15%
Fundraising
Fundraising $212K · Total expenses $1.1M
20%
Cost to raise $1
Fundraising expense (3-yr avg) $524K · Solicited contributions (3-yr avg) $1.3M
$0.39 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $476K · Total revenue $540K
88%
Government reliance
Government grants $428K · Total revenue $540K
79%
Earned-income share
Program service revenue $0 · Total revenue $540K
0%
Investment reliance
Investment income $1K · Total revenue $540K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $540K · Prior year $8.0M
-93%
Revenue CAGR
FY2019 $11.7M · FY2024 $540K
-46%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $540K · Expenses $1.1M
-100%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $0 · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Adam Santalla Pierce · Reported title INTERIM PRESIDENT (AS OF 6/24) · Highest reported compensation $77K · Total expenses $1.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $440K · Total expenses $1.1M
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%——
Overhead ratio 15%——
Fundraising cost ratio 44%——
Revenue growth -93%——
Accounting fee ratio 0.07%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Interim President (as of 6/24)
$76,788Pt VII · Sec A
President (thru 1/24)
$7,120Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ronald Jeep Bryant————$169,749$189,769
Krista Terrell$7,120$186,645$173,646$173,646$157,026—
Katherine Mooring————$117,694$126,692
Barbara Ann Temple—————$106,736
Nina Schultz————$104,113$99,135
Adam Santalla Pierce$76,788$71,849————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Arts & Science Council executive salaries →

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Governance & Policies

Part VI
  • 16Voting board membersPt VI · Ln 1a
  • 16Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Manages public art programming and installations while providing funding and support to build an equitable, sustainable, and innovative creative ecosystem in Charlotte-Mecklenburg.

Provided by the organization

This section is blank until Arts & Science Council claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $705K of program spending, described in the organization's own filed words · FY2024.
01

Asc's artist support grants fund professional and artistic development for emerging and established artists to enhance their skills and abilities to create new work or improve their business operations and capacity to bring their work to new audiences

$422Kprogram expense
02

The arts & science council provides management services for the city of charlotte, mecklenburg county, and other private partners to ensure excellence and relevance of public art programming and installation

$283Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 675 grants · $39.6M · 2019–2023
Unitemized GrantFY2023$628,096
Unitemized GrantFY2023$352,676
Unitemized GrantFY2023$286,575
Unitemized GrantFY2023$260,966
Unitemized GrantFY2023$250,000
Unitemized GrantFY2023$224,829
Unitemized GrantFY2023$152,000
Clayworks INCNC · FY2023$129,773
Charlotte BalletNC · FY2023$112,052
Opera CarolinaNC · FY2023$102,758
Girls Rock CharlotteNC · FY2023$91,770
Theatre Gap InitiativeNC · FY2023$84,000
Canada Global Enterprises INCFY2023$58,318
Movement MigrationNC · FY2023$56,190
Unitemized GrantFY2023$55,000
See all 675 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $540K$1.1M-93% 990 PDF
FY2024 $8.0M$9.6M-17% 990 PDF
FY2023 $9.7M$9.3M+16% 990 PDF
FY2022 $8.3M$7.8M-28% 990 PDF
FY2021 $11.6M$13.3M-1% 990 PDF
FY2020 $11.7M$16.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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