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William R Kenan Jr Fund For The Arts

  • Chapel Hill, NC
  • Tax-exempt since March 1992
  • EIN: 58-1976597

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.22M (2025)

Expenses
$2.37M (2025)

Total Assets
$33.4M (2025)

Total Liabilities
$0 (2025)

Years with missing data
Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,222,164
Expenses
$2,365,737
Net Income
$856,427
Net Assets
$33,398,003
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $98,627
3.1%
Dividends $856,339
26.6%
Sales of Assets $2,267,185
70.4%
Other Income $13
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,128,929
90.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $33,398,003
Total Liabilities $0
Net Assets $33,398,003
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Chairman/Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Sterling Kenan Mccrackent (Director) $0 $0
Daniel W Drake (President/Director) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Treasuer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
Frank Hawkins Kenan Ii (Director) $0 $0
Christopher Arndt Shuping (Director) $0 $0
Evan Stewart Gwyn (Director) $0 $0
Gareth Gwyn (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,491,496
Expenses
$2,266,123
Net Income
$2,225,373
Net Assets
$32,535,043
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $68,452
1.5%
Dividends $794,846
17.7%
Sales of Assets $3,628,198
80.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,047,971
90.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $32,535,043
Total Liabilities $0
Net Assets $32,535,043
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Chairman/Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Sterling Kenan Mccrackent (Director) $0 $0
Daniel W Drake (President/Director) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Treasuer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
Frank Hawkins Kenan Ii (Director) $0 $0
Christopher Arndt Shuping (Director) $0 $0
Evan Stewart Gwyn (Director) $0 $0
Gareth Gwyn (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,286,080
Expenses
$2,175,581
Net Income
$110,499
Net Assets
$30,302,671
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $26,438
1.2%
Dividends $729,348
31.9%
Sales of Assets $1,530,262
66.9%
Other Income $32
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,004,371
92.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,302,671
Total Liabilities $0
Net Assets $30,302,671
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Chairman/Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Elizabeth Price Kenan (Vice President/Director) $0 $0
Daniel W Drake (President/Treasurer/Direct) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Assistant Treasuer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on May 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,461,510
Expenses
$2,021,049
Net Income
-$559,539
Net Assets
$30,178,263
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $801
0.1%
Dividends $637,505
43.6%
Sales of Assets $823,204
56.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,800,929
89.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,178,263
Total Liabilities $0
Net Assets $30,178,263
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Chairman/Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Elizabeth Price Kenan (Vice President/Director) $0 $0
Daniel W Drake (President/Treasurer/Direct) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Assistant Treasuer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 7, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,316,161
Expenses
$1,617,669
Net Income
$698,492
Net Assets
$30,752,564
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,066
0.0%
Dividends $569,256
24.6%
Sales of Assets $1,745,834
75.4%
Other Income $5
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,422,138
87.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,752,565
Total Liabilities $1
Net Assets $30,752,564
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Chairman/Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Elizabeth Price Kenan (Vice President/Director) $0 $0
Daniel W Drake (President/Treasurer/Direct) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Assistant Treasuer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 10, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,039,133
Expenses
$2,187,339
Net Income
$7,851,794
Net Assets
$29,965,924
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,476
0.0%
Dividends $647,798
6.5%
Sales of Assets $9,386,413
93.5%
Other Income $446
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,983,032
90.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $29,965,924
Total Liabilities $0
Net Assets $29,965,924

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,836,002
Expenses
$1,729,678
Net Income
$1,106,324
Net Assets
$22,102,010
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,720
0.2%
Dividends $657,627
23.2%
Sales of Assets $2,170,794
76.5%
Other Income $861
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,603,902
92.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $22,102,010
Total Liabilities $0
Net Assets $22,102,010

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$764,642
Expenses
$1,647,468
Net Income
-$882,826
Net Assets
$24,486,842
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,920
0.9%
Dividends $648,141
84.8%
Sales of Assets $103,984
13.6%
Other Income $5,597
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,530,348
92.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $24,486,842
Total Liabilities $0
Net Assets $24,486,842

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,198,756
Expenses
$1,561,653
Net Income
-$362,897
Net Assets
$25,365,891
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10,318
0.9%
Dividends $652,971
54.5%
Sales of Assets $529,858
44.2%
Other Income $5,609
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,434,022
91.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $25,365,891
Total Liabilities $0
Net Assets $25,365,891

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,092,432
Expenses
$1,434,867
Net Income
$657,565
Net Assets
$25,691,487
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13,739
0.7%
Dividends $790,283
37.8%
Sales of Assets $1,133,831
54.2%
Other Income $154,579
7.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,248,271
87.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $25,691,487
Total Liabilities $0
Net Assets $25,691,487

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,780,321
Expenses
$1,211,785
Net Income
$1,568,536
Net Assets
$25,231,300
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $16,588
0.6%
Interest Revenue $639,650
23.0%
Dividends $0
Sales of Assets $2,089,032
75.1%
Other Income $35,051
1.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,116,918
92.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $25,231,300
Total Liabilities $0
Net Assets $25,231,300

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,208,193
Expenses
$1,438,428
Net Income
-$230,235
Net Assets
$23,732,069
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,464
0.4%
Dividends $705,315
58.4%
Sales of Assets $494,582
40.9%
Other Income $3,832
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,345,397
93.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $23,732,069
Total Liabilities $0
Net Assets $23,732,069

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$301,466
Expenses
$1,271,455
Net Income
-$969,989
Net Assets
$23,943,080
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10,558
3.5%
Dividends $428,268
> 100%
Sales of Assets $0
Other Income $7,988
2.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,213,140
95.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $23,943,080
Total Liabilities $0
Net Assets $23,943,080

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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