ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG INC

EIN: 994002299 501(c)(3) Arts, Culture & Humanities

CHARLOTTE, NC

Total Revenue
$14,351,021
Total Expenses
$8,977,873
Total Assets
$5,388,300
Net Assets
$5,373,148
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NC
Principal Officer
ADAM SANTALLA PIERCE
Phone
7049734500
Tax Period
2024-07-01 to 2025-06-30

ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG INC, founded in 2024, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.4M in total revenue in fiscal year 2024. The organization ran a surplus of $5.4M, a strong 37% operating margin.

Mission

FOSTER AN INCLUSIVE, SUSTAINABLE, CULTURALLY RICH AND ENGAGED COMMUNITY WHERE ARTS, SCIENCE, AND HISTORY PLAY A PIVOTAL ROLE IN ENHANCING THE QUALITY OF LIFE FOR ALL.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,544,656
Program Service Revenue $618,747
Investment Income $3,557
Other Revenue $184,061
TOTAL REVENUE $14,351,021

Expense Breakdown

Grants Paid $6,699,324
Salaries & Benefits $1,003,348
Fundraising Expenses $317,225
Program Expenses $7,671,255
Other Expenses $1,275,201
TOTAL EXPENSES $8,977,873

Year-over-Year Comparison

2024 2023 Change
Revenue $14,351,021 N/A N/A
Expenses $8,977,873 N/A N/A
Net Income $5,373,148 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
15
Independent Members
14
Employees
12
Volunteers
14

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
3
$258,986
Total Directors
15
$234,479
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA YATES CLARK BOARD CHAIR 2.00
Officer Director
$0 $0 $234,479
MARCIE KELSO VICE CHAIR 0.50
Officer Director
$0 $0 $0
ALLISON ALLEN MEMBER 0.50
Director
$0 $0 $0
PATRICK DIAMOND MEMBER 0.50
Director
$0 $0 $0
JULIE EISELT MEMBER 0.50
Director
$0 $0 $0
JENNI GAISBAUER MEMBER 0.50
Director
$0 $0 $0
ANGELIA GRANT MEMBER 0.50
Director
$0 $0 $0
LESLIE JOHNSON MEMBER 0.50
Director
$0 $0 $0
JULIA MARTIN MEMBER 0.50
Director
$0 $0 $0
MELISSA MCVEY MEMBER 0.50
Director
$0 $0 $0
NALAN MULDER MEMBER 0.50
Director
$0 $0 $0
SAM SPENCER MEMBER 0.50
Director
$0 $0 $0
CHARLES THOMAS MEMBER 0.50
Director
$0 $0 $0
LUIS TOCHIKI MEMBER 0.50
Director
$0 $0 $0
LILIANA WENDORFF MEMBER 0.50
Director
$0 $0 $0
ADAM SANTALLA PIERCE PRESIDENT (AS OF 10/24) 40.00
Officer
$22,780 $1,727 $24,507
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 $14,351,021 $8,977,873 $5,388,300 $5,373,148
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