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Cccp Community Trust
Also known as Charlotte Artsfest
Cccp Community Trust reported $12.2 million in revenue and $12.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $97.81 went to program services, $2.19 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 91.1% of the total. The highest compensation it reported for one person was $643,960 (DIRECTOR/EXEC. DIR. CCCPCT). 1 person received more than $100,000 in reportable compensation. Revenue rose 459% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.8% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.2% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.1% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 8.8% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $643,960 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5.17% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.8 | 36.6 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCccpct enhances arts, cultural and entertainment opportunities in charlotte by creating inclusive arts experiences. This is accomplished by cccpct dba charlotte artsfest, inc. Through a range of coordinated festival events such as the novant health thanksgiving eve parade, and charlotte shout!. The novant health thanksgiving eve parade is the city's annual holiday parade on the night before thanksgiving, which cccpct began producing in 2013. In addition, cccpct secured several grants: to activate the north tryon area, to enhance our music everywhere initiative to provide aide to those in that…
Cccpct will invest in initiatives that build community through education, health, wellness, and sustainability. The first model program to support these goals is cccpct dba charlotte b-cycle, made possible by bluecross and blueshield of north carolina. This is a bike share program for the city of charlotte to support healthy and sustainable transportation choices and better bike awareness in the city. This program is a public-private partnership between cccpct and the city of charlotte. The program sunset and closed in february 2025. The financials closed in june 2025
Cccpct created a single member llc that invests in the community through small business innovation fund grants given to small businesses as they adapt their operations or business models in the wake of the COVID-19 pandemic. The program is intended to support these local businesses as they seek to innovate, to stay competitive, and advance. The program was paused in 2025
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR/EXEC. DIR. CCCPCT Director/trustee, officer, 6.00 hrs/week | $0 | $549,628 | $94,332 | $643,960 |
| EXEC. DIR. CHARLOTTE ARTFE Officer, 15.00 hrs/week | $0 | $188,735 | $34,452 | $223,187 |
| SECRETARY/TREASURER Officer, 6.00 hrs/week | $0 | $183,235 | $33,995 | $217,230 |
| CFO THRU 2.25 Officer, 10.00 hrs/week | $0 | $147,897 | $31,359 | $179,256 |
| EXEC. DIR. CHARLOTTE B-CYC Officer, 40.00 hrs/week | $127,790 | $0 | $972 | $128,762 |
1 people received more than $100,000 in reportable compensation from Cccp Community Trust (Part VII, line 2). Compensation of current officers, directors and key employees totaled $128K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SPECIALIZED SOUND & LIGHT LLC Production | $164,700 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Cccp Community Trust's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cccp Community Trust, you can publish a response that is linked from this page.
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Of every $100 Cccp Community Trust spent in FY2025, $97.81 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Fellowship for Performing ArtsNew York, NY · revenue $12M · programs 67.7% · FY2025
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- Chesapeake Bay Maritime MuseumSaint Michaels, MD · revenue $12M · programs 75.5% · FY2026
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All arts, culture & humanities charities · Largest charities in North Carolina
Questions people ask
How much of Cccp Community Trust's spending goes to programs?
In the fiscal year ending June 30, 2025, Cccp Community Trust reported that 97.8% of its $12.5 million in expenses went to program services, 2.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Cccp Community Trust pay its top executive?
The largest total compensation Cccp Community Trust reported for one person in the fiscal year ending June 30, 2025 was $643,960, for the role of DIRECTOR/EXEC. DIR. CCCPCT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Cccp Community Trust get its money?
Of $12.2 million in revenue in the fiscal year ending June 30, 2025, 91.1% came from contributions and grants and 8.8% from program service revenue (Form 990, Part VIII).
Is Cccp Community Trust a registered charity?
The IRS lists EIN 01-0554275 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601339349307910 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349308512 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349311422 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349301217 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201359349301535 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349305549 · read the filing
All filings for EIN 01-0554275: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.