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Passes our checks

Cccp Community Trust

EIN 01-0554275 · Charlotte, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak47 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF CCCP COMMUNITY TRUST (CCCPCT) IS TO PROVIDE A PLATFORM FOR CITY-WIDE COMMUNITY-BUILDING ARTS, EDUCATION, SUSTAINABILITY, HEALTH AND WELLNESS INITIATIVES.

Income
$12.2 million
Spending
$12.5 million
Spent on programs
98%
Reserves
0.2 months of spending
Largest source of income
donations and private grants, 91%
Employees
3
Volunteers
0
Highest pay
$643,960, director/exec. dir. cccpct

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 47 out of 100. Higher than 13% of charities in its peer group (arts and culture, $10m to $100m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.2 months of spending.

  • Debt

    5 of 20

    It owes 73% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 2% of income.

  • Income trend

    15 of 15

    Income rose 216% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 34% of charities in its peer group (arts and culture, $10m to $100m).

  • Independent board

    25 of 25

    10 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $12.2 million spent. CCCPCT 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 COMMUNITY AFFECTED BY THE PANDEMIC AND LASTLY TO SPONSOR ACTIVATION OF THE RAIL TRAIL.
  2. 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.
  3. 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.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2002.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.