Andreas H Bechtler Arts Foundation
- Assets
- $39.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 41
- Location
- Charlotte, NC
- Founding
- 02/2016
- Data as of
- 06/2022
- EIN
- 56-2225722
Organization Overview
Andreas H Bechtler Arts Foundation, operating under the name Bechtler Museum Of Modern Art, is located in Charlotte, NC. The organization was established in 2016. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Bechtler Museum Of Modern Art employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bechtler Museum Of Modern Art 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, Bechtler Museum Of Modern Art generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHARING THE JOY AND EXCELLENCE OF THE BECHTLER COLLECTION WITH ALL IN ORDER TO INSPIRE, INFORM AND ENHANCE CULTURAL AND INTELLECTUAL LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BECHTLER MUSEUM OF MODERN ART OFFERS AN ARRAY OF INNOVATIVE OPPORTUNITIES FOR THE COMMUNITY AT LARGE TO ENRICH THEIR CULTURAL EXPERIENCES, SOCIAL ENGAGEMENT AND PERSONAL SELF-DISCOVERY. DURING THE 2021-22 FISCAL YEAR, THE MUSEUM OFFERED THE FOLLOWING PROGRAMS: A VARIETY OF EXHIBITIONS OF ART DEDICATED TO MODERN AND CONTEMPORAY ART, AND PUBLIC PROGRAMS, SUCH AS MODERNISM + FILM (INVESTIGATED THEMES IN MODERN AND CONTEMPORARY ART AND ARCHITECTURE THROUGH THE LENS OF FILM), SEE SCHEDULE O FOR CONTINUATION JAZZ AT THE BECHTLER (OFFERED NEW PERSPECTIVES ON MODERN JAZZ COMPOSERS, LEGENDARY ARTISTS, AND MUSICAL STYLES THAT GREW IN POPULARITY IN THE MID-TO-LATE 20TH CENTURY), AND MUSIC AND MUSEUM (OFFERED CLASSICAL ENSEMBLE PERFORMANCES IN THE GALLERIES AND LOBBY TO COMPLEMENT THE ART ON VIEW). IN ADDITION, GUEST LECTURES FROM ARTISTS, CURATORS, AND ART HISTORIANS EXPLORED THE MANY FACETS OF MODERN ART AND ARCHITECTURE.NEW IN FY22, THE MUSEUM OFFERED WEDNESDAY NIGHT LIVE. THIS WEEKLY PROGRAM OF FREE ADMISSION AND PLANNED PROGRAMS ON WEDNESDAY EVENINGS WAS IN PARTNERSHIP WITH THE MINT MUSEUM AND GANTT CENTER FOR AFRO-AMERICAN ART + CULTURE. COMMUNITY OUTREACH PROGRAMS TOOK TEACHING ARTISTS INTO COMMUNITY CENTERS AND NON-PROFITS AROUND THE REGION AND WELCOMED THESE PARTICIPANTS TO THE MUSEUM FOR ADDITIONAL PROGRAMS. PARTICIPANTS INCLUDED DEVELOPMENTALLY DISABLED ADULTS; INCARCERATED YOUTH AND LATINO INMATES; INDIVIDUALS WITH LOW TO NO VISION; MEDICAL PROVIDERS; AND ALZHEIMER'S/DEMENTIA PATIENTS AND THEIR CAREGIVERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Churchil Chair | OfficerTrustee | 5 | $0 |
Brandon Neal Vice Chair | OfficerTrustee | 1 | $0 |
Ted Garner Immediate Past Chair | OfficerTrustee | 1 | $0 |
Sandi Thorman Treasurer | OfficerTrustee | 3 | $0 |
Robert Lilien Vice President | OfficerTrustee | 1 | $0 |
Viviane Bechtler-Smith Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,753,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,776,606 |
| Total Program Service Revenue | $537,906 |
| Investment income | $521 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $219,151 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $44,399 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,605,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $290,000 |
| Compensation of current officers, directors, key employees. | $29,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $906,241 |
| Pension plan accruals and contributions | $28,275 |
| Other employee benefits | $310,828 |
| Payroll taxes | $85,381 |
| Fees for services: Management | $90,849 |
| Fees for services: Legal | $179,056 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $127,968 |
| Office expenses | $35,593 |
| Information technology | $65,007 |
| Royalties | $0 |
| Occupancy | $213,482 |
| Travel | $2,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,826 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,718 |
| All other expenses | $0 |
| Total functional expenses | $3,033,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,184,340 |
| Savings and temporary cash investments | $533,046 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,978,256 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $66,003 |
| Prepaid expenses and deferred charges | $19,826 |
| Net Land, buildings, and equipment | $2,142,059 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,091,876 |
| Total assets | $39,015,406 |
| Accounts payable and accrued expenses | $45,403 |
| Grants payable | $0 |
| Deferred revenue | $381,804 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,411 |
| Total liabilities | $434,618 |
| Net assets without donor restrictions | $2,779,631 |
| Net assets with donor restrictions | $35,801,157 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,015,406 |