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Imagine North Carolina First

Raleigh, NC · EIN 46-4006055 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Imagine North Carolina First reported $16.1 million in revenue and $17.6 million in expenses for calendar year 2024. Of every $100 it spent, $97.24 went to program services, $2.52 to management and general costs and $0.24 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $6,250 (Executive Director). Revenue rose 258% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $18M

For context, the median across 54 covered social science charities: $84.80 programs, $13.80 management, $1.40 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 54 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
97.2%81.3%
Management & general
Part IX 25(C) ÷ 25(A)
2.5%13.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%1.3%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%81.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%4.4%
Highest reported compensation
Part VII-A, columns D–F
$6,250$467,896
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.04%2.13%
People paid over $100,000
Part VII, line 2
019
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.616.5
Independent voting board members
Part VI 1a–1b
5 of 596.5%

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

2024 · Form 990, Part III · the three largest programs by expense
$15M expenses · 85.1% of program spending · grants $14M

Civic Engagement Programs - Imagine North Carolina funded various non-profit entities to inform, educate and protect citizens concerning voting rights, access to voting and other key voter issues impacting their lives

$2.5M expenses · 14.9% of program spending · grants $2.5M

Non-Profit Entity Support: Imagine North Carolina First funded various non-profit entities which conduct public policy and opinion research, sponsor educational activities, and host and participate in forums and presentations for the purpose of disseminating information to promote the general public's understanding of ideas to solve North Carolina's public policy issues

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Director
Officer, 1 hrs/week
$6,250$0$0$6,250

0 people received more than $100,000 in reportable compensation from Imagine North Carolina First (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M20202021202220232024$16M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$16M$18M97.2%$855K$6,250
2023 ⓘ$5.4M$3.3M82.7%$2.4M$4,875
2022 ⓘ$6.1M$7.6M93.6%$264K$5,563
2021 ⓘ$4.2M$3.4M85.8%$1.7M—
2020 ⓘ$4.5M$5.6M93.0%$964K$9,062

Governance answers, as filed

2024 · 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–1b5 · 5 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • 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 50

Private foundation grants it received

7 private foundations reported grants to Imagine North Carolina First totaling $587K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Imagine North Carolina First's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Imagine North Carolina First, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All social science charities · Largest charities in North Carolina

Questions people ask

How much of Imagine North Carolina First's spending goes to programs?

In calendar year 2024, Imagine North Carolina First reported that 97.2% of its $17.6 million in expenses went to program services, 2.5% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Imagine North Carolina First pay its top executive?

The largest total compensation Imagine North Carolina First reported for one person in calendar year 2024 was $6,250, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Imagine North Carolina First get its money?

Of $16.1 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Imagine North Carolina First a registered charity?

The IRS lists EIN 46-4006055 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 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533199349301308 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202541329349305914 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349304135 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202330249349301613 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349331282 · read the filing

All filings for EIN 46-4006055: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.