William R Kenan Jr Fund For The Arts

Organization Overview

William R Kenan Jr Fund For The Arts is located in Chapel Hill, NC. The organization was established in 1992. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William R Kenan Jr Fund For The Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, William R Kenan Jr Fund For The Arts generated $1.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $801
Dividends & Interest $637,505
Net Rental Income$0
Net Gain on Sale of Assets $823,204
Capital Gain Net Income $823,204
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,461,510

Grants Awarded

Over the last fiscal year, William R Kenan Jr Fund For The Arts has awarded $1,251,250 in support to 2 organizations.

Grant RecipientAmount

UNC SCHOOL OF THE ARTS FOUNDATION

PURPOSE: SUPPORT FOR THE THOMAS S. KENAN III INSTITUTE FOR THE ARTS

$1,151,250

UNC - CAROLINA PERFORMING ARTS

PURPOSE: SUPPORT FOR THE 2020-2021 OPERATING BUDGET

$100,000
View Grant Profile

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