ArtsPlus

EIN: 591356847 501(c)(3)

Charlotte, NC

Total Revenue
$4,143,423
Total Expenses
$2,552,489
Total Assets
$7,701,827
Net Assets
$6,489,341
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NC
Principal Officer
Devlin McNeil
Phone
7043774187
Tax Period
2023-07-01 to 2024-06-30

ArtsPlus, founded in 1969, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 38% operating margin.

Mission

ARTS+ TEACHES MUSIC AND ART TO STUDENTS OF ALL SOCIOECONOMIC BACKGROUNDS, OFFERING FINANCIAL ASSISTANCE, SCHOLARSHIP AND FREE OUTREACH PROGRAMS TO HONOR ITS FOUNDING MISSION TO MAKE HIGH-QUALITY ARTS INSTRUCTION AVAILABLE TO ALL.

Program Service Accomplishments

Program 1
Expenses: $1,217,424 Revenue: $614,804

Music and Art Instruction: Music offerings for students of all ages include private lessons, ensembles, group Suzuki, group classes, workshops, master classes, and the Charlotte Youth Choir. Music...

Read more

Music and Art Instruction: Music offerings for students of all ages include private lessons, ensembles, group Suzuki, group classes, workshops, master classes, and the Charlotte Youth Choir. Music education programs are focused on artistic excellence in order to foster the personal, intellectual, and social growth of children. Visual art offerings for students of all ages include workshops, and classes in a variety of medium including drawing, painting, and comic book drawing. Instructors for music and art teach at more than a dozen locations throughout Mecklenburg County and virtually. Need-based financial aid is available to students who qualify, in addition to merit-based scholarships.

Program 2
Expenses: $662,572

Outreach Programs: Art+'s outreach programs consist of a variety of music, choir and art education programs in at-risk communities and schools, at no cost to the participants. Programs include...

Read more

Outreach Programs: Art+'s outreach programs consist of a variety of music, choir and art education programs in at-risk communities and schools, at no cost to the participants. Programs include Project Harmony, which is an El Sistema based after school orchestra program, ArtsReach, which partners with community organizations to provide visual art and music programs in neighborhoods of need, Studio 345 which is a youth development program that utilizes digital media arts and Preschool Outreach Programs, which provided literacy-based education to preschoolers and their caregivers through visual art education.

Program 3
Expenses: $87,839 Revenue: $79,007

Summer Camps: Summer Camps/Fee for Service. Arts+ offers high quality summer camp programming from preschool to high school students, including Band, String/Orchestra, Suzuki Violin, and Visual Art...

Read more

Summer Camps: Summer Camps/Fee for Service. Arts+ offers high quality summer camp programming from preschool to high school students, including Band, String/Orchestra, Suzuki Violin, and Visual Art camps. Arts+ partners with other organizations for a broader reach into the community through fee for service programs. Partnering organizations seek their own funding to have Arts+ come in and deliver art and music education to their constituents.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,388,388
Program Service Revenue $693,812
Investment Income $25,732
Other Revenue $35,491
TOTAL REVENUE $4,143,423

Expense Breakdown

Grants Paid $111,167
Salaries & Benefits $1,541,106
Fundraising Expenses $320,307
Program Expenses $1,967,835
Other Expenses $900,216
TOTAL EXPENSES $2,552,489

Year-over-Year Comparison

2023 2022 Change
Revenue $4,143,423 $2,250,317 +0.8%
Expenses $2,552,489 $2,240,430 +0.1%
Net Income $1,590,934 $9,887 +159.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
19
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$305,597
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Devlin McNeil President & CEO 40.00
Officer
$178,552 $5,316 $183,868
Stephanie Stenglein Assoc Exe. Dir. 40.00
Officer
$118,192 $3,537 $121,729
Nick Anderson Treasurer 1.00
Officer Director
$0 $0 $0
Ari Brown Director 1.00
Director
$0 $0 $0
Rob Crane Director 1.00
Director
$0 $0 $0
Shannon Donnelly Director 1.00
Director
$0 $0 $0
Amy Fistner Director 1.00
Director
$0 $0 $0
Sarah Floyd Director 1.00
Director
$0 $0 $0
Patty Funderburg Director 1.00
Director
$0 $0 $0
Daniel Gandarilla Director 1.00
Director
$0 $0 $0
Melissa Kenealy Director 1.00
Director
$0 $0 $0
Russ Little Director 1.00
Director
$0 $0 $0
Becky Mitchener Director 1.00
Director
$0 $0 $0
Heather Ryan Director 1.00
Director
$0 $0 $0
Zachary Smith Director 1.00
Director
$0 $0 $0
Mike Terrell Director 1.00
Director
$0 $0 $0
Linda Weisbruch Govern. Chair 1.00
Officer Director
$0 $0 $0
Eugene Young Board Chair 1.00
Officer Director
$0 $0 $0
Edison Cassels Director 1.00
Director
$0 $0 $0
Allison Infinger Director 1.00
Director
$0 $0 $0
Lindsey Smith Director 1.00
Director
$0 $0 $0
Logan Wills Director 1.00
Director
$0 $0 $0
Megan Dunham Director 1.00
Director
$0 $0 $0
Breana Jeter Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,143,423 $2,552,489 $7,701,827 $1,590,934
2023 $2,250,317 $2,240,430 $3,629,776 $9,887
2022 $2,154,815 $1,740,546 $2,425,687 $414,269
2021 $1,953,117 $1,597,965 $2,312,393 $355,152
2020 $1,893,783 $1,797,604 $1,994,143 $96,179
2019 $2,517,828 $1,881,345 $1,733,525 $636,483
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ArtsPlus with other nonprofits in North Carolina and across the country.