Thomas S Kenan Institute For The Arts Supporting Organization

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851824885 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Thomas S Kenan Institute For The Arts Supporting Organization?

The Thomas S Kenan Institute for the Arts Supporting Organization is an entity established to support the programs, activities, and administration of the Thomas S Kenan Institute for the Arts, which is a part of the University of North Carolina School of the Arts. This supporting organization primarily handles the growing programming, revenue management, and accounting needs of the Institute. Its purpose is to receive and administer grants and funds, aiming to enhance the Institute's operations and impact within the arts community. Based in Winston-Salem, North Carolina, the Supporting Organization serves as a crucial executive arm, contributing to the Institute's mission to foster and promote artistic excellence and community engagement.

Is Thomas S Kenan Institute For The Arts Supporting Organization legitimate?

Thomas S Kenan Institute For The Arts Supporting Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas S Kenan Institute For The Arts Supporting Organization submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Thomas S Kenan Institute For The Arts Supporting Organization?

The Thomas S Kenan Institute for the Arts Supporting Organization was established with the primary purpose of managing grants, funds, and supporting the programs, activities, and administration of the Thomas S Kenan Institute for the Arts. Located within the University of North Carolina School of the Arts, a subsidiary of the North Carolina government, the supporting organization assumes certain growing programming, revenue management, and accounting responsibilities for the institute, moving forward. The ultimate goal is to enhance the operations and impact of the Thomas S Kenan Institute for the Arts.

What is the revenue of Thomas S Kenan Institute For The Arts Supporting Organization?

Thomas S Kenan Institute For The Arts Supporting Organization's revenue in 2024 was $2,050,434.

Who are the executives of Thomas S Kenan Institute For The Arts Supporting Organization and what are their salaries?

Here are 6 key members and their salaries:


Brian Cole (President)
  • Compensation: $0
  • Related: $300,889
  • Other: $58,653
Kevin Bitterman (Vice President)
  • Compensation: $0
  • Related: $130,159
  • Other: $40,163
David Harrison (Secretary)
  • Compensation: $0
  • Related: $173,575
  • Other: $32,461
Wendy Emerson (Treasurer)
  • Compensation: $0
  • Related: $181,625
  • Other: $53,047
Jim Decristo (Director)
  • Compensation: $0
  • Related: $159,793
  • Other: $39,318
Patrick Sims (Director)
  • Compensation: $0
  • Related: $212,719
  • Other: $63,408
Where can I find the form 990 for Thomas S Kenan Institute For The Arts Supporting Organization?

Thomas S Kenan Institute For The Arts Supporting Organization's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Thomas S Kenan Institute For The Arts Supporting Organization

The Thomas S Kenan Institute for the Arts Supporting Organization is established with the primary mission to administer grants and funds, and to support the programs, activities, and administration of the Thomas S Kenan Institute for the Arts. This organization exists as a part of the University of North Carolina School of the Arts, which is a subdivision of the North Carolina government. The Supporting Organization will manage certain programming, revenue management, and accounting needs for the Institute as it continues to grow. The ultimate goal is to ensure the Institute's success and continued impact in the field of arts.

In essence, the Thomas S Kenan Institute for the Arts Supporting Organization acts as a crucial partner to the Institute, providing the necessary administrative and financial support to enable it to focus on its core missions. By handling these critical functions, the Supporting Organization allows the Institute to allocate its resources more effectively towards its primary goal of promoting and fostering the arts. The collaboration between the two entities serves to enhance the overall impact and reach of the Thomas S Kenan Institute for the Arts within the arts community.

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Impact




October, 2024

The Thomas S. Kenan Institute for the Arts Supporting Organization plays a crucial role in enhancing the cultural landscape and artistic development at the University of North Carolina School of the Arts. By receiving and administering grants and funds, the organization ensures that the Institute can expand its programming and activities, thus fostering creativity and innovation within the arts.

This Supporting Organization effectively manages the Institute's growing needs in revenue management and accounting, which allows the Institute to focus on its core mission of promoting artistic excellence. By facilitating resource allocation, the Supporting Organization enhances the Institute's capacity to deliver impactful educational experiences, workshops, and performances that benefit students, faculty, and the wider community.

In essence, this collaboration enriches the artistic offerings in Winston-Salem, NC, while supporting the professional growth of emerging artists. The impact extends beyond the local community, as the Institute contributes to the broader discourse on the arts, encouraging a dynamic exchange of ideas and a nurturing environment for artistic exploration.




This information is meant to be a general summary of Thomas S Kenan Institute For The Arts Supporting Organization. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,050,434 (2024)
Expenses
$1,954,187 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $249
  • Program Service Revenue: $2,685
  • Gross Receipts: $2,050,434

Assets and Liabilities:

  • Total Assets: $2,008,879
  • Total Liabilities: $62,075
  • Net Assets: $1,946,804

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER OPERATING REVENU

Revenue

$2,685

Organization Details

Founding Year

2018

Principal Officer

Wendy Emerson

NTEE Category

Code: A11 - Arts

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