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Arts, Culture, Humanities : Performing Arts (Grantmaking)

Arts & Science Council

Be transformed

four stars

90.49

222 S. Church Street Suite 300
Charlotte, NC 28202
tel: (704) 333-2272   Web Site
EIN: 56-0693436

Board Leadership
Valecia M. McDowell Curt W. Fochtmann Curt W. Fochtmann
Board Chair

CEO
Robert Bush
President

  Score
(out of 100)
Rating
Overall Score & Rating 90.49 four stars
  Financial 86.90 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Arts & Science Council (ASC) serves and supports Charlotte-Mecklenburg's cultural community through grant-making, planning, programs and services to ensure a vibrant community enriched with arts, science and history. Organized in 1958, ASC combines resources from the Annual Fund Drive, allocations from local, state and federal governments, and its endowment to support cultural organizations, educational programs and individual artists throughout the region. ASC also provides cultural support through the Cultural Project Grant program, helping to fund neighborhood and community-based projects involving arts, science, history or heritage.

The Arts & Science Council (ASC) serves and supports Charlotte-Mecklenburg's cultural community through grant-making, planning, programs and services to ensure a vibrant community enriched with arts, science and history. Organized in 1958, ASC combines resources from the Annual Fund Drive, allocations from local, state and federal governments, and its endowment to support cultural organizations, educational programs and individual artists throughout the region. ASC also provides cultural support through the Cultural Project Grant program, helping to fund neighborhood and community-based projects involving arts, science, history or heritage.

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Financial

three stars

86.90

Accountability & Transparency

four stars

97.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.9%
  Administrative Expenses 7.6%
  Fundraising Expenses 9.3%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.44
  Program Expenses Growth 7.8%
  Liabilities to Assets 21.3%
All data for Financial Performance Metrics calculations was provided by Arts & Science Council on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Arts & Science Council on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Arts & Science Council (NC) 90.49 four stars
ArtsinStark (OH) 91.01 four stars
United Arts of Central Florida (FL) 89.26 three stars
United Arts Council of Raleigh and Wake County (NC) 89.48 three stars
Silicon Valley Creates (CA) 89.59 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,713,829
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $1,603,924
   Government Grants $10,526,003
Total Contributions $15,843,756
   Program Service Revenue $0
Total Primary Revenue $15,843,756
   Other Revenue $-776
TOTAL REVENUE $15,842,980
   
EXPENSES  
   Program Expenses $15,413,649
   Administrative Expenses $1,109,487
   Fundraising Expenses $1,508,304
TOTAL FUNCTIONAL EXPENSES $18,031,440
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-2,188,460
   
Net Assets $34,691,223

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Operating Support Grants $5,761,517 37.4%
Cultural Sector Grants $4,384,732 28.4%
Management Services $5,267,400 34.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 02/01/2020 90.49 four stars
2017-06 02/01/2019 84.22 three stars
2016-06 11/01/2017 83.47 three stars
2015-06 09/01/2016 89.35 three stars
2014-06 06/01/2016 93.51 four stars
 
CN 2.0
2014-06 11/01/2015 91.98 four stars
2013-06 11/01/2014 92.07 four stars
2012-06 08/01/2013 85.43 three stars
2011-06 06/01/2012 83.70 three stars
2010-06 09/20/2011 83.58 three stars
 
CN 1.0
2010-06 07/01/2011 75.74 two stars
2009-06 11/24/2010 79.26 two stars
2008-06 08/01/2009 86.30 three stars
2007-06 02/01/2009 88.09 three stars
2006-06 04/01/2007 83.30 three stars
2005-06 07/01/2006 75.22 two stars
2004-06 04/01/2005 75.66 two stars
2003-06 05/01/2004 79.67 two stars
2002-06 04/15/2003 93.49 four stars
2001-06 10/15/2002 98.60 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-0693436
Name in IRS Master File ARTS & SCIENCE COUNCIL CHARLOTTE MECKLENBURG INC
NTEE Code A40
NTEE Classification Visual Arts Organizations
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(927) Fundraising
(60) Museum, zoo, planetarium, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1961
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$208,162 1.15% Robert E. Bush Jr. President

Highly Rated

Charity Name & State Overall Score Overall Rating
Arts & Science Council (NC) 90.49 four stars
Arts Partnership of Greater Spartanburg (SC) 88.89 three stars
Greater Philadelphia Cultural Alliance (PA) 88.36 three stars
Americans for the Arts (DC) 89.06 three stars
Public Art Fund (NY) 85.82 three stars

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Charity Contact Info

Arts & Science Council
222 S. Church Street
Suite 300
Charlotte, NC 28202
tel: (704) 333-2272
fax: (704) 333-2720
EIN: 56-0693436

Visit Web Site

Board Leadership

Valecia M. McDowell Curt W. Fochtmann Curt W. Fochtmann
Board Chair

CEO

Robert Bush
President

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