Arts & Science Council FY2021 filing

Charlotte, NCUnknown exempt organizationEIN 56-0693436Revenue $11.6M in FY2021

On file with the IRSartsandscience.org220 North Tryon Street · Charlotte, NC

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Moving US toward a more equitable, sustainable and innovative creative ecosystem.

99¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $1.3M a year · 15% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $1.4M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10.0M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.6M
-1% vs prior year
Spent
$13.3M
To programs
99%
Net assets
$32.5M
By yearFY2020–FY2025
Revenue
$11.6M
FY2021▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.7M
FY2021$11.6M
FY2022$8.3M
FY2023$9.7M
FY2024$8.0M
FY2025$540K
Expenses
$13.3M
FY2021▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$16.5M
FY2021$13.3M
FY2022$7.8M
FY2023$9.3M
FY2024$9.6M
FY2025$1.1M
Net assets
$32.5M
FY2021▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$27.7M
FY2021$32.5M
FY2022$29.8M
FY2023$32.2M
FY2024$35.3M
FY2025$0

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $13.2M Management & general 6% · $816K Fundraising 5% · $681K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

54 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President (thru 1/21)
$169,749Pt VII · Sec A
President (thru 1/21)
$169,749Pt VII · Sec A
President (current)
$157,026Pt VII · Sec A
President (current)
$157,026Pt VII · Sec A
SVP, Community Investment
$117,694Pt VII · Sec A
SVP, Community Investment
$117,694Pt VII · Sec A
CFO (thru 3/21)
$104,113Pt VII · Sec A
CFO (thru 3/21)
$104,113Pt 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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

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

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Provided by the organization

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4 programs · $22.3M · in their own filed words · FY2020
01

The arts & science council makes a variety of grants and funds an array of services that contribute to the vitality and sustainability of the regional cultural sector. These grants and services directly align with asc's mission of investing in people, programs and ideas that move us toward a more equitable, sustainable, and innovative…

$7.7Mprogram expense
02

The arts & science council makes a variety of grants and funds an array of services that contribute to the vitality and sustainability of the regional cultural sector. These grants and services directly align with asc's mission of investing in people, programs and ideas that move us toward a more equitable, sustainable, and innovative…

$7.5Mprogram expense
03

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.

$4.1Mprogram expense
04

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.

$3.0Mprogram expense

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 →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$11.6M
Ln 12
Gifts and grantsLn 1h$11.5M
Other incomeLn 4–11$54K
Money outPt IX
$13.3M
Ln 25
Programscol B$13.2M
Managementcol C$816K
Fundraisingcol D$681K
Owns and owesPt X
$32.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.2M
Total assetsLn 16$42.5M
LiabilitiesLn 26$10.0M
PeoplePt VI, VII
54
listed · VII A
PaidVII A8
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.5M
Government grantsLn 1e$9.2M
Other incomeLn 4–11$54K
Total revenueLn 12$11.6M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$4.2M
Total assetsLn 16$42.5M
LiabilitiesLn 26$10.0M
Net assetsLn 32$32.5M
OperationsPt I, VI
EmployeesI 514
VolunteersI 6190
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $540K$1.1M−$540K$0 990 PDF
FY2024 $8.0M$9.6M−$1.5M$35.3M 990 PDF
FY2023 $9.7M$9.3M$379K$32.2M 990 PDF
FY2022 $8.3M$7.8M$529K$29.8M 990 PDF
FY2021 Viewing $11.6M$13.3M−$1.7M$32.5M 990 PDF
FY2020 $11.7M$16.5M−$4.8M$27.7M 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
See the full FY2021 990 (1 part)
Part VI · Governance 23 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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