Form 990 for tax year 2022
Filed by UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION INC.
Totals
- Total revenue
- $7,254,667
- Total expenses
- $6,762,991
- Contributions and grants received
- $6,657,876
- Grants paid
- $3,043,973
- Program services expenses (Part IX)
- $5,499,225
- Management and general expenses
- $921,152
- Fundraising expenses
- $342,614
- Program service expenses (Part III)
- $5,499,225
Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ANDREW SCHNEIDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ANNE SESSIONS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ARTHUR L BLOOM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BETTYE BARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTOPHER J CHAPMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CHRYSTAL PARNELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CRAIG D CANNON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DAVID P BROUGHTON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ERIN JONES ADAMS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
HOWARD UPCHURCH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JAMES RUFFIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JONATHAN COCHRANE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH P LOGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JULIE WILLIAMS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
KELLEY KENNER-PATRIDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAURA RAMSAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MEADE WILLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MELINDA B MUELLER
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT L KING III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT S SIMON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SCOTT CAWOOD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SHELLEY HOLDEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
STACY PETRONZIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN BERLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM R WATSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
CYNTHIA B LIBERTY
EXECUTIVE DIRECTOR
- Total calculated
- $191,486
- From this org
- $171,250
- From related orgs
- $0
- Other
- $20,236
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $171,250
- Bonus
- $0
- Other
- $0
- Deferred
- $8,725
- Nontaxable benefits
- $11,511
- Filer's total
- $191,486
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- ON AN ANNUAL BASIS THE EXECUTIVE DIRECTOR HAS A WRITTEN REVIEW FROM THE TREASURER AND PRESIDENT OF THE UNCSA FOUNDATION. DURING THE REVIEW PROCESS, NOT ONLY ARE ACCOMPLISHMENTS FROM THE PREVIOUS YEARS REVIEWED AND DISCUSSED, BUT GOALS FOR THE UPCOMING YEAR ARE ALSO REVIEWED AND AGREED UPON. SINCE THE POSITION IS UNIQUE IN NATURE EVEN COMPARED TO OTHER UNIVERSITIES IN THE SYSTEM, THE SALARY IS REVIEWED IN CONTEXT WITH OTHER MEMBERS OF THE CHANCELLOR'S CABINET AND THE UNIVERSITY DEANS. BY COMPARING THIS POSITION'S SALARY AND BENEFIT PACKAGE WITH THE COUNTERPARTS THAT THE POSITION WORKS WITH TO HELP MAINTAIN AND MANAGE THE OPERATIONS OF THE ENTITIES THAT ARE SUPPORTED BY THESE EFFORTS, IT GIVES THE FOUNDATION BOARD REASONABLE ASSURANCE OF KEEPING THE SALARY COMPETITIVE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$2,948,413
PAYMENTS FOR SCHOLARSHIPS, FACULTY SABBATICALS AND GRANTS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349318917
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