Overview

Sign up for

Est.

1997

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Downtown Morehead City Inc is a nonprofit organization focused on community improvement in Morehead City, North Carolina. With an operating budget of $179.2K and total revenue of $152.1K for the 2025 filing year, the organization aims to promote and restore downtown Morehead City as a vibrant destination through a comprehensive and sustainable revitalization process. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. For more information, visit their website at www.downtownmoreheadcity.com.

Mission Statement

Downtown Morehead City Incs mission is to promote, foster and help retore downtown Morehead City NC as a destination by fostering a comprehensive and sustainable revitalization process designed to improve all aspects of the downtown.
Revenues
$152.1K
Expenses
$179.2K
Net Income:
-$27.1K
Assets
$216.7K
Liabilities
$7.4K
Net Assets:
+$209.4K
Operating Budget
$179.2K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$1K
Largest grant received
$1K
M
Mark Kelly
Board Member
T
Tony Holloway
Board Member
J
Janice Rowe
Board Member

Frequently Asked Questions

What is Downtown Morehead City Inc’s budget?
In 2025, Downtown Morehead City Inc reported an annual operating budget of around $179 thousand. More detailed financial information is available to registered users.
What causes does Downtown Morehead City Inc support?
Downtown Morehead City Inc supports work in Community improvement.
Where does Downtown Morehead City Inc operate?
Downtown Morehead City Inc is headquartered in Morehead City, NC.
Who funded Downtown Morehead City Inc recently?
In 2024, Downtown Morehead City Inc received grants from GEORGE SMEDES POYNER FOUNDATION INC, DUKE ENERGY FOUNDATION, and Z SMITH REYNOLDS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Downtown Morehead City Inc received in 2024?
The largest grant to Downtown Morehead City Inc in 2024 exceeds $1,000.
What is Downtown Morehead City Inc’s reliance on government grants?
Downtown Morehead City Inc relied on government grants for more than 60% of their total revenue in 2025.