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Arts, Culture, Humanities : Performing Arts (Grantmaking)

Arts & Science Council

Be transformed

three stars

89.35

227 West Trade Street Suite 250
Charlotte, NC 28202
tel: (704) 333-2272   Web Site
EIN: 56-0693436

Board Leadership
Susan R. Faulkner Curt W. Fochtmann Curt W. Fochtmann
Board Chair

CEO
Robert Bush
President

  Score
(out of 100)
Rating
Overall Score & Rating 89.35 three stars
  Financial 85.48 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

85.48

Accountability & Transparency

four stars

96.00

This rating was published 09/01/2016 and includes data from FY2015, 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)
84.8%
  Administrative Expenses 6.7%
  Fundraising Expenses 8.3%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 0.65
  Program Expenses Growth -1.5%
  Liabilities to Assets 23.5%
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) 89.35 three stars
Arts Partnership of Greater Spartanburg (SC) 85.73 three stars
ArtsinStark (OH) 91.86 four stars
United Arts Council of Raleigh and Wake County (NC) 87.76 three stars
ArtsFund (WA) 90.05 four stars

Compare These Charities (Highly Rated)

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.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,552,565
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $4,385,141
Total Contributions $10,937,706
   Program Service Revenue $0
Total Primary Revenue $10,937,706
   Other Revenue $2,200
TOTAL REVENUE $10,939,906
   
EXPENSES  
   Program Expenses $12,292,485
   Administrative Expenses $1,072,516
   Fundraising Expenses $1,326,486
TOTAL FUNCTIONAL EXPENSES $14,691,487
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,751,581
   
Net Assets $37,739,320

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 $9,887,882 80.4%
Fund Projected Grants $1,791,050 14.6%
Management Services $613,553 5.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

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

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Compensation % of Expenses Paid to Title
$206,995 1.40% Robert E. Bush Jr. President

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Arts & Science Council (NC) 89.35 three stars
Silicon Valley Creates (CA) 86.46 three stars
Music Center Foundation (CA) 92.17 four stars
ArtsinStark (OH) 91.86 four stars
ArtsFund (WA) 90.05 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Arts & Science Council
227 West Trade Street
Suite 250
Charlotte, NC 28202
tel: (704) 333-2272
fax: (704) 333-2720
EIN: 56-0693436

Visit Web Site

Board Leadership

Susan R. Faulkner Curt W. Fochtmann Curt W. Fochtmann
Board Chair

CEO

Robert Bush
President

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