Arts, Culture & Humanities
(A61)
IRS Verified
DX Registered
990 on File
NORTH CAROLINA PERFORMING ARTS CENTER AT CHARLOTTE FOUNDATION
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$48.0M
Total Revenue
$50.8M
Total Expenses
$44.8M
Net Assets
795
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.3%
Fundraising Efficiency
N/A
Operating Reserve
10.60x
Liability-to-Asset
31.4%
Revenue Diversification
83.2%
Executive Compensation
$840K
Compared with Peers
FY 2025
Compared with 273 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.3% | 79.1% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.6% | 13.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 6.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.6 mo | 30.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
31.4% | 14.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.2% | 65.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-2.1% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.7% | 4.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.7% | 5.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $48.0M | $50.8M | $44.8M | 95.3% | 795 |
| 2024 | $49.0M | $49.4M | $44.3M | 95.0% | 712 |
| 2023 | $45.7M | $45.2M | $40.8M | 94.7% | 694 |
| 2022 | $51.9M | $50.5M | $38.7M | 95.9% | 616 |
| 2021 | $27.2M | $23.0M | N/A | — | 443 |
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