TO PROMOTE THE BUSINESSES WITHIN HISTORIC STRUCTURES, THEREFORE CREATING A STRONGER CORE FOR DOWNTOWN HISTORIC PRESERVATION ACTIVITIES.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$285K
-54.8% YoY
Annual Giving
$5K
-83.4% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$5K
-66.8% YoY
About Downtown Asheboro Inc
Based on IRS filings
Downtown Asheboro Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in ASHEBORO, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $285K in total assets. In 2025, it awarded 1 grants totaling $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $285,033 | $630,539 | $133,036 |
| Revenue | $174,078 | $818,888 | $297,229 |
| Expenses | $491,775 | $317,333 | $265,863 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
8 grants across all recorded years
Open Grants
1 open opportunity from Downtown Asheboro Inc
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Pine Lake Partners Llc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PINE LAKE PARTNERS LLC ASHEBORO, NC | REDEVELOPMENT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMANTHA BAKER | BOARD MEMBER | 4 | — |
| KATHY HOMILLER | BOARD MEMBER | 1 | — |
| BROOKS HEDRICK | BOARD MEMBER | 1 | — |
| THOMAS OSTEEN | BOARD MEMBER | 1 | — |
| CHRISTIE LUCKENBACH | BOARD MEMBER | 1 | — |
| ADDIE CORDER | EXECUTIVE DIRECTOR | 40 | $8,848 |
| CARINA TORRES MUNO | BOARD MEMBER | 1 | — |
| AL LAPRADE | CHAIR | 6 | — |
| REYNOLDS LISK | VICE CHAIR | 1 | — |
| BARBARA GALLIMORE | SECRETARY/TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Downtown Asheboro Inc?
Downtown Asheboro Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in ASHEBORO, NC. It holds $285K in total assets as of 2025.
How large is Downtown Asheboro Inc?
As of 2025, Downtown Asheboro Inc holds $285K in total assets with $174K in annual revenue. It awarded 1 grants totaling $5K in 2025.
Where does Downtown Asheboro Inc operate?
Downtown Asheboro Inc has awarded grants in North Carolina.
What size grants does Downtown Asheboro Inc award?
In 2025, Downtown Asheboro Inc awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Downtown Asheboro Inc's EIN?
Downtown Asheboro Inc's EIN (Employer Identification Number) is 84-3444377. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Downtown Asheboro Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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