Civic Intelligence

The Arts Council Inc

EIN 56-0526856 • 501(c)3 • Winstonsalem, NC

View Organization Page

Profile

The organizational mission is to support and advance the legacy of innovation in and access to the arts as a core community value, by providing grants and venues for artists and art organizations to practice and execute their art form in facilties that are efficiently and effectively operated, and to create an environment in which the arts flourish.

251 North Spruce StWinstonsalem, NC 27101

www.intothearts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.34x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.75x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

16th percentile

-5.3%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$12,059,455

Down $679,394 (-5.3%) from 2023

Liabilities

Down

$4,107,672

Down $46,867 (-1.1%) from 2023

Net Assets

Down

$7,951,783

Down $632,527 (-7.4%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin16th percentile

Revenue

Up

$5,498,748

Up $2,153,098 (+64%) from 2023

Expenses

Up

$6,181,158

Up $1,386,018 (+29%) from 2023

Net Income

Up

-$682,410

Up $767,080 (+53%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $16,879,959Liabilities 2011: $7,974,790Net Assets 2011: $8,905,1692011Assets 2012: $16,535,747Liabilities 2012: $7,664,806Net Assets 2012: $8,870,9412012Assets 2013: $15,922,949Liabilities 2013: $7,288,373Net Assets 2013: $8,634,5762013Assets 2014: $15,777,139Liabilities 2014: $6,700,683Net Assets 2014: $9,076,4562014Assets 2015: $15,548,396Liabilities 2015: $5,660,160Net Assets 2015: $9,888,2362015Assets 2016: $15,555,789Liabilities 2016: $5,504,788Net Assets 2016: $10,051,0012016Assets 2017: $14,725,530Liabilities 2017: $5,260,061Net Assets 2017: $9,465,4692017Assets 2018: $17,064,720Liabilities 2018: $4,819,914Net Assets 2018: $12,244,8062018Assets 2019: $17,207,602Liabilities 2019: $5,872,463Net Assets 2019: $11,335,1392019Assets 2020: $15,705,377Liabilities 2020: $4,596,462Net Assets 2020: $11,108,9152020Assets 2021: $15,176,121Liabilities 2021: $4,210,362Net Assets 2021: $10,965,7592021Assets 2022: $13,960,396Liabilities 2022: $3,960,737Net Assets 2022: $9,999,6592022Assets 2023: $12,738,849Liabilities 2023: $4,154,539Net Assets 2023: $8,584,3102023Assets 2024: $12,059,455Liabilities 2024: $4,107,672Net Assets 2024: $7,951,7832024

Highlighted filing

2024

Assets$12,059,455
Liabilities$4,107,672
Net Assets$7,951,783
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,642,380Expenses 2011: $4,207,147Net Income 2011: -$564,7672011Revenue 2012: $3,806,930Expenses 2012: $3,681,797Net Income 2012: $125,1332012Revenue 2013: $3,444,945Expenses 2013: $3,705,944Net Income 2013: -$260,9992013Revenue 2014: $3,993,983Expenses 2014: $3,627,037Net Income 2014: $366,9462014Revenue 2015: $2,996,134Expenses 2015: $3,271,340Net Income 2015: -$275,2062015Revenue 2016: $3,272,577Expenses 2016: $3,176,858Net Income 2016: $95,7192016Revenue 2017: $2,666,094Expenses 2017: $3,341,871Net Income 2017: -$675,7772017Revenue 2018: $5,453,659Expenses 2018: $3,810,597Net Income 2018: $1,643,0622018Revenue 2019: $3,049,263Expenses 2019: $3,952,419Net Income 2019: -$903,1562019Revenue 2020: $2,746,354Expenses 2020: $3,015,693Net Income 2020: -$269,3392020Revenue 2021: $3,085,185Expenses 2021: $3,327,011Net Income 2021: -$241,8262021Revenue 2022: $3,229,060Expenses 2022: $3,960,249Net Income 2022: -$731,1892022Revenue 2023: $3,345,650Expenses 2023: $4,795,140Net Income 2023: -$1,449,4902023Revenue 2024: $5,498,748Expenses 2024: $6,181,158Net Income 2024: -$682,4102024

Highlighted filing

2024

Revenue$5,498,748
Expenses$6,181,158
Net Income-$682,410
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$12,059,455
Liabilities
$4,107,672
Net assets
$7,951,783
Revenue
$5,498,748
Expenses
$6,181,158
Net income
-$682,410
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$4.11$7.95$5.50$6.18$0.68
2023Detailed filing. Detailed filing data is available for this year.$12.7$4.15$8.58$3.35$4.80$1.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$3.96$10.00$3.23$3.96$0.73
2021Detailed filing. Detailed filing data is available for this year.$15.2$4.21$11.0$3.09$3.33$0.24
2020Detailed filing. Detailed filing data is available for this year.$15.7$4.60$11.1$2.75$3.02$0.27
2019Summary only. Only limited summary data is available for this year.$17.2$5.87$11.3$3.05$3.95$0.90
2018Summary only. Only limited summary data is available for this year.$17.1$4.82$12.2$5.45$3.81$1.64
2017Summary only. Only limited summary data is available for this year.$14.7$5.26$9.47$2.67$3.34$0.68
2016Summary only. Only limited summary data is available for this year.$15.6$5.50$10.1$3.27$3.18$0.10
2015Summary only. Only limited summary data is available for this year.$15.5$5.66$9.89$3.00$3.27$0.28
2014Summary only. Only limited summary data is available for this year.$15.8$6.70$9.08$3.99$3.63$0.37
2013Summary only. Only limited summary data is available for this year.$15.9$7.29$8.63$3.44$3.71$0.26
2012Summary only. Only limited summary data is available for this year.$16.5$7.66$8.87$3.81$3.68$0.13
2011Summary only. Only limited summary data is available for this year.$16.9$7.97$8.91$3.64$4.21$0.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Sep 24, 2025
Return Version
2023v6.0
Gross Receipts
$5,498,748
Mission and Program Overview

Mission

The organizational mission is to support and advance the legacy of innovation in and access to the arts as a core community value, by providing grants and venues for artists and art organizations to practice and execute their art form in facilties that are efficiently and effectively operated, and to create an environment in which the arts flourish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,308,449$8,801,660▼ $506,789
Pledges and Grants Receivable$1,072,940$761,687▼ $311,253
Investments Other Securities$687,238$722,977▲ $35,739
Cash and Non-Interest-Bearing Accounts$292,666$466,385▲ $173,719
Accounts Receivable$286,663$358,610▲ $71,947
Inventories for Sale or Use$113,500$113,500→ $0
Prepaid Expenses and Deferred Charges$25,918$12,889▼ $13,029
Total Assets$12,738,849$12,059,455▼ $679,394
Other Assets Total$951,475$821,747▼ $129,728
Liabilities
Tax Exempt Bond Liabilities$2,672,177$2,682,029▲ $9,852
Mortgage Notes Payable Secured by Investment Property$363,677$388,706▲ $25,029
Accounts Payable and Accrued Expenses$435,691$324,260▼ $111,431
Other Liabilities$372,935$296,654▼ $76,281
Unsecured Notes Loans Payable$155,568$152,280▼ $3,288
Deferred Revenue$144,491$138,868▼ $5,623
Grants Payable$10,000$124,875▲ $114,875
Total Liabilities$4,154,539$4,107,672▼ $46,867
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,732,807$4,978,180▼ $754,627
Net Assets With Donor Restrictions$2,851,503$2,973,603▲ $122,100
Total Net Assets Fund Balance$8,584,310$7,951,783▼ $632,527
Total Liabilities and Net Assets / Fund Balance$12,738,849$12,059,455▼ $679,394

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,742,087$6,193,755$13,935,842
Equipment$893,482$1,764,356$2,657,838
Leasehold Improvements$167,830$182,573$350,403
Other Land Buildings$-1,739$231,457$229,718
Other Assets Org$296,654--
Other Securities$722,977--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$877,828-▲ $149,322$100,000$917,150
2022$982,726$93,765▲ $100,137$298,800$877,828
2021$1,167,410-▼ $184,684-$982,726
2020$1,050,302-▲ $117,108-$1,167,410
2019$1,487,966-▲ $90,890$528,554$1,050,302
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chase Law End 21624President &FT$186,793$7,375$194,168
Chase Law End 21624President & CEO-$186,793$7,375$194,168
Howard Upchurch Beg 2124Interim PresFT$46,239-$46,239

Board Members and Trustees

NameTitle
Chad CheekPresident
Amy ReynoldsBoard Member
Camille Kluttz-leachBoard Member
Claire TuttleBoard Member
Clare FaderBoard Member
Courtney Payne BenfieldBoard Member
Dr Lynn AnthonyBoard Member
Dr Rosa OteroBoard Member
Drew GerstmyerBoard Member
Iris ColeBoard Member
Jacinta White End DecemberBoard Member
Jake WhartonBoard Member
Jason KaplanBoard Member
Jeff LindsayBoard Member
Kenneth PettigrewBoard Member
Linda GaskinsBoard Member
Peggy ReingoldBoard Member
Rich GeigerBoard Member
Robin MillerBoard Member
Shannon HenryBoard Member
Stephan DragisicBoard Member
Sue HendersonBoard Member
Talitha VickersBoard Member
Todd BankheadBoard Member
Tracy PrestonBoard Member
Steve BerlinSecretary
Mike LancasterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,899,890
Program Service Revenue
$481,080
Investment Income
$17,836
Other Revenue
$99,942
All Other Contributions
$2,044,005
Change in Net Assets
$-682,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,488,748
Revenue Not Reported on Financial Statements
$10,000
Revenue Not Reported on Form 990
$118,333
Total Revenue per Audited Statements
$5,607,081
Total Revenue per Form 990
$5,498,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,774,715
Other Expenses$2,038,321
Salaries, Compensation, and Employee Benefits$1,368,122
Total Fundraising Expense$246,118
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,512,932--$2,512,932
Other Salaries and Wages$860,850$29,057$97,118$987,025
Depreciation Depletion$546,328$5,553-$551,881
Occupancy$344,765--$344,765
Grants to Domestic Individuals$261,783--$261,783
Fees for Services Other$155,924$103,323-$259,247
Current Officers, Directors, Trustees, and Key Employees$61,322$81,763$61,322$204,407
Payroll Taxes$66,516$9,585$12,327$88,428
Other Employee Benefits$45,541$14,454$14,045$74,040
Office Expenses$13,000$27,744$32,163$72,907
Insurance$69,937$2,962-$72,899
Fees for Services Accounting-$42,878-$42,878
Advertising$10,859-$26,228$37,087
Other Expenses$10,429$19,062-$29,491
All Other Expenses$17,440$9,303$456$27,199
Pension Plan Contributions$9,429$2,334$2,459$14,222
Fees for Service Investment Mgmnt Fees-$10,000-$10,000
Interest$4,512--$4,512
Travel-$3,486-$3,486
Conferences and Meetings$894--$894
Total Functional Expenses$5,569,832$365,208$246,118$6,181,158

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,239,608
Total Expenses per Form 990$6,181,158
Expenses per Audited Statements$6,171,158
Expenses Not Reported on Form 990$68,450
Expenses Not Reported on Financial Statements$10,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Triad Cultural Arts IncWinstonsalem, NC501c1Operating Assistance$111,941
1 Love FestivalWinstonsalem, NC501c3Operating Assistance$88,750
Center for Creative EconomyWinstonsalem, NC501c3Operating Assistance$84,341
Winston-salem SymphonyWinstonsalem, NC-Operating Assistance$78,500
Riverrun International Film FestivaWinstonsalem, NC501c3Operating Assistance$72,263
Sawtooth School of Visual ArtWinstonsalem, NC501c3Operating Assistance$68,889
Hispanic LeagueWinstonsalem, NC501c3Operating Assistance$66,169
North Carolina Black Repertory CompWinstonsalem, NC501c3Operating Assistance$56,950
Tre 4 Center of Fine Arts IncWinstonsalem, NC501c3Operating Assistance$56,725
Piedmont OperaWinstonsalem, NC501c3Operating Assistance$54,658
Action4equityWinstonsalem, NC501c3Operating Assistance$53,287
Senior Services IncWinstonsalem, NC501c3Operating Assistance$50,000
The CmpndWinstonsalem, NC501c3Operating Assistance$49,995
Dose CollectiveWinstonsalem, NC501c3Operating Assistance$49,238
Royal Curtain Drama Guild IncWinstonsalem, NC501c3Operating Assistance$49,112
Authoring ActionWinstonsalem, NC501c3Operating Assistance$46,408
Winston-salem Delta Fine ArtsWinstonsalem, NC501c3Operating Assistance$45,315
The Afas GroupWinstonsalem, NC501c3Operating Assistance$43,553
ApertureWinstonsalem, NC501c3Operating Assistance$42,194
Creative Center of North CarolinaWinstonsalem, NC501c3Operating Assistance$41,145
Winston-salem Mixxer IncWinstonsalem, NC-Operating Assistance$38,400
University of North Carolina SchoolWinstonsalem, NC501c3Operating Assistance$34,336
Piedmont Craftsmen IncWinstonsalem, NC501c3Operating Assistance$32,057
Southeastern Center for ContemporarWinstonsalem, NC501c3Operating Assistance$31,125
Arts District of Winston-salemWinstonsalem, NC501c3Operating Assistance$30,554
Piedmont Wind SymphonyWinstonsalem, NC501c3Operating Assistance$29,297
The Korners Folly FoundationKernersville, NC501c3Operating Assistance$28,928
Cashmere Baby ExpoJacksonville, FL501c3Operating Assistance$27,980
Communidad Mujer ValiosaWinstonsalem, NC501c3Operating Assistance$25,512
Reynolda House Museum of AmericanWinstonsalem, NC501c3Operating Assistance$25,000
The Little Theatre of Winston-salemWinstonsalem, NC501c1Operating Assistance$19,405
Piedmont Jazz AllianceWinstonsalem, NC501c3Operating Assistance$19,399
Songbird SupperclubWinstonsalem, NC501c3Operating Assistance$18,554
Kernersville Little TheatreKernersville, NC501c3Operating Assistance$18,000
Winston-salem Forsyth CountyWinstonsalem, NC501c3Operating Assistance$15,738
KaleideumWinstonsalem, NC501c3Operating Assistance$15,054
Shallow Ford Foundation IncClemmons, NC501c3Operating Assistance$15,000
Art Shac IncWinstonsalem, NC501c3Operating Assistance$12,500
Muse Winston-salemWinstonsalem, NC501c3Operating Assistance$12,248
Winston-salem Theatre Alliance IncWinstonsalem, NC-Operating Assistance$10,000
Happy Hill Neighborhood AssociationWinstonsalem, NC501c3Operating Assistance$9,278
Downtown Winston-salemWinstonsalem, NC501c3Operating Assistance$7,500
The Dream SchoolWinstonsalem, NC501c3Operating Assistance$7,200
Music CarolinaWinstonsalem, NC501c3Operating Assistance$7,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liability$296,654

Bond Issues

BondIssuerIssuedIssue PricePurpose
AForsyth Cnty Industrial Facilities2010-05-27$7,500,000Construct a multi-use building.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,500,000--$79,719

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the finance committee and the ceo before it is filed with the irs.”

Form 990, Page 6, Part VI, Line 15A

“Compensation is determined and approved by the executive committee of the board of trustees and is based on several factors, including (a) evaluations submitted anonymously by the members of the board of trustees and the executive directors of the funded partners; and (b) his or her performance as measured against metrics specified in the employment contract.”

Form 990, Page 6, Part VI, Line 19

“The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Arts Council Inc
EIN
56-0526856
Phone
3367222585
Address
251 NORTH SPRUCE ST, WINSTONSALEM, NC 27101

Signing Officer

Name
Shannon Henry
Title
Interim Pres. & CEO
Phone
3367222585
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Henry
Formed
1949
Legal Domicile
Nc
Voting Board Members
27
Independent Board Members
26
Employees
28
Volunteers
26

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organizational mission is to support and advance the legacy of innovation in and access to the arts as a core community value, by providing grants and venues for artists and art organizations to practice and execute their art form in facilties that are efficiently and effectively operated, and to create an environment in which the arts flourish.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The art council, inc. Is a not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, income tax expense is limited to activities that are deemed by the internal revenue service to be unrelated to their exempt purpose. The council's primary tax positions relate to its status as a not-for- profit entity exempt from income taxes and classification of activities related to its exempt purpose. It is the opinion of management that there are no uncertain tax positions that would be subject to change upon examination. The council is required to file a federal exempt organization tax return (form 990) annually to retain its exempt status. The council is also required to file an exempt organization business income tax return (form 990-t) for any year gross unrelated business income exceeds 1,000. Form 990 filings are generally subject to examination by the internal revenue service for three years after they are filed.”

Raw XML AppendixShowing 400 of 1,150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE ORGANIZATIONAL MISSION IS TO SUPPORT AND ADVANCE THE LEGACY OF INNOVATION IN AND ACCESS TO THE ARTS AS A CORE COMMUNITY VALUE, BY PROVIDING GRANTS AND VENUES FOR ARTISTS AND ART ORGANIZATIONS TO PRACTICE AND EXECUTE THEIR ART FORM IN FACILTIES THAT ARE EFFICIENTLY AND EFFECTIVELY OPERATED, AND TO CREATE AN ENVIRONMENT IN WHICH THE ARTS FLOURISH.
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IRS990/Desc0THE ARTS COUNCIL, INC. SERVES THE CITIZENS OF WINSTON-SALEM BY ACTING AS A CATALYST IN THE COMMUNITY TO PRESERVE THE LOCAL CULTURAL HERITAGE AND TO DEVELOP, ADVANCE, ENHANCE AND SUSTAIN THE CULTURAL LIFE OF THE GREATER WINSTON-SALEM AREA. THE COUNCIL'S ACTIVITIES INCLUDE AN ANNUAL FUND-RAISING CAMPAIGN, DIRECT PROGRAM SPONSORSHIP, AND THE MAINTENANCE OF FACILITIES FOR USE BY COMMUNITY ORGANIZATIONS. THESE FACILITIES ARE LOCATED ON APPROXIMATELY SEVEN ACRES IN THE CENTER OF DOWNTOWN WINSTON-SALEM AND CONSIST OF VARIOUS ART COMPLEXES AND THEATRES. THE FACILITIES ARE USED FOR COMMUNITY EVENT SPACES, OFFICES FOR NONPROFIT CHARITABLE ORGANIZATIONS, ACTIVITY ROOMS FOR CHILDREN AND ADULT PROGRAMMING, AND RELATED SPACES.
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