Asheville Art Museum Association Inc is located in Asheville, NC. The organization was established in 1976. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Asheville Art Museum Association Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asheville Art Museum Association Inc 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, Asheville Art Museum Association Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE MISSION OF THE ASHEVILLE ART MUSEUM ASSOCIATION, INC. IS TO ENGAGE, ENLIGHTEN AND INSPIRE INDIVIDUALS AND ENRICH THE COMMUNITY THROUGH DYNAMIC EXPERIENCES IN AMERICAN ART OF THE 20TH AND 21ST CENTURIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED BY ARTISTS AND INCORPORATED IN 1948, ASHEVILLE ART MUSEUM (THE MUSEUM) IS COMMITTED TO BEING A VITAL FORCE IN THE COMMUNITY AND INDIVIDUAL DEVELOPMENT AND TO PROVIDING LIFE-LONG OPPORTUNITIES FOR EDUCATION AND ENRICHMENT THROUGH THE VISUAL ARTS. THE MUSEUM HAS ESTABLISHED ITS EXPERTISE IN THE COLLECTION, PRESERVATION, AND INTERPRETATION OF AMERICAN ART BEGINNING IN THE 20TH CENTURY AND MAKING INNOVATIVE AND OUTSTANDING EXHIBITION EXPERIENCES AVAILABLE TO RESIDENTS AND VISITORS TO WNC. THE MUSEUM PRESERVES IMPORTANT ASPECTS OF OUR NATIONAL AND RETIONAL HERITAGE THROUGH STRATEGIC COLLECTING CONSCIENTIOUS STEWARDSHIP OF GREAT WORKS OF ART. IN FY21/22, THE MUSEUM SERVED 127,548 PARTICIPANTS INCLUDING 27,145 CHILDREN AND PRESENTED 24 EXHIBITIONS DRAWING FROM ITS OWN COLLECTION AND BORROWED WORKS. THE MUSEUM CURATES EXHIBITIONS AND PROGRAMS FOCUSING ON THEMES OF CONTEMPORARY INTEREST AND INVITES INTERNATIONALLY ACCLAIMED ARTISTS SCHOLARS, AND EDUCATORS TO CONTRIBUTE THEIR SKILLS. THE MUSEUM PROVIDES VITAL AND OTHERWISE UNAVAILABLE CULTURAL AND EDUCATIONAL SERVICES TO ADULTS AND CHILDREN. IN FY21/22 THE MUSEUM OFFERED 363 IN-PERSON AND VIRTUAL EDUCATIONAL PROGRAMS FOR AUDIENCES OF ALL AGES INCLUDING SCHOOL AND ADULT TOURS, TEACHER TRAINING, CLASSES AND WORKSHOPS FOR ADULTS AND CHILDREN, FILMS, BOOK CLUB, ARTIST TALKS, AS WELL AS VOLUNTEER
AND ENTERTAINMENT EXPERIENCES. ARTS-BASED EDUCATIONAL PROGRAMMING IS AN IMPORTANT FOCUS, AND EVERY YEAR THE MUSEUM PROVIDES VISUAL ARTS PROGRAMMING TO AUDIENCES OF ALL AGES THROUGH A DIVERSE RANGE OF MUSEUM PROGRAMMING AND ACTIVITIES, INCLUDING OUTREACH EDUCATIONAL PROGRAMS, GROUP TOURS FOR K-12 GROUPS, ADULTS, AND FAMILIES, FAMILY DAYS, AFTER-SCHOOL PROGRAMS, AND MORE. RETURNING ARTS PROGRAMMING TO THE SCHOOLS, COUPLED WITH INTEGRATING THE ARTS INTO THE EXPLORATION OF ACADEMIC DISCIPLINES SUCH AS MATH, SOCIAL STUDIES, AND VISUAL LITERACY HAS BEEN SHOWN TO IMPROVE CRITICAL THINKING, PERFORMANCE, LIFELONG LEARNING, AND SUCCESS. STRONG AND LONG-STANDING MUSEUM PARTNERS INCLUDE INSTITUTIONS MUSEUM PROVIDES VISUAL ARTS PROGRAMMING TO AUDIENCES OF ALL AGES THROUGH A DIVERSE RANGE OF MUSEUM PROGRAMMING AND ACTIVITIES, INCLUDING OUTREACH EDUCATIONAL PROGRAMS, GROUP TOURS FOR K-12, FAMILY DAYS, HOME SCHOOL AND AFTER SCHOOL PROGRAMS, ART CAMPS, AND MORE. RETURNING ARTS PROGRAMMING TO THE SCHOOLS, COUPLED WITH INTEGRATING THE ARTS INTO THE EXPLORATION OF ACADEMIC DISCIPLINES SUCH AS MATH, SOCIAL STUDIES AND COMMUNICATIONS HAS BEEN SHOWN TO IMPROVE THROUGHOUT THE REGION SERVING PRE-KINDERGARTEN STUDENTS THROUGH OLDER ADULTS. MUSEUM PROGRAMS OFFER ACCESS TO THE VISUAL ARTS TO AT-RISK, LOW-INCOME YOUTH FROM ACROSS WNC.
THE MUSEUM'S COLLECTION AND SPECIAL EXHIBITIONS ARE CENTRAL TO ITS EDUCATIONAL PROGRAMS AND ARE USED DAILY THROUGHOUT THE YEAR BY AUDIENCES OF ALL AGES FROM PRESCHOOLERS TO OLDER ADULTS. WITHOUT THE MUSEUM'S PROGRAMS, MANY OF THE SCHOOL DISTRICTS ACROSS WNC WOULD HAVE LITTLE OR NO ART CLASSES/CURRICULA DUE TO BUDGET CONSTRAINTS. THE MUSEUM TAKES A LEADERSHIP ROLE IN MAKING ITS COLLECTION AND EXHIBITIONS AS ACCESSIBLE AS POSSIBLE, BOTH PHYSICALLY AND INTELLECTUALLY. THESE IMPORTANT RESOURCES ENGAGE URBAN AND RURAL RESIDENTS INCLUDING MANY RETIREES, EDUCATORS, AND ARTISTS WHO FIND ORIGINAL WORKS OF ART HAVE SIGNIFICANCE TO THEIR DAILY LIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Myers Executive Director | OfficerTrustee | 40 | $161,266 |
Herbert Butch Patrick Chairman | OfficerTrustee | 2 | $0 |
Kevin Click Interim Vice Chairman | OfficerTrustee | 2 | $0 |
Karen Praytor Treasurer | OfficerTrustee | 1 | $0 |
Lin Andrews Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Alex Bernstein Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Arca Design Pllc Construction | 6/29/19 | $144,750 |
Beverly-grant Inc Construction | 6/29/19 | $9,605,509 |
Litelab Construction | 6/29/19 | $161,892 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $172,261 |
Related organizations | $0 |
Government grants | $290,983 |
All other contributions, gifts, grants, and similar amounts not included above | $882,386 |
Noncash contributions included in lines 1a–1f | $148,338 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,345,630 |
Total Program Service Revenue | $945,564 |
Investment income | $150,777 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $67,950 |
Net Gain/Loss on Asset Sales | $557,592 |
Net Income from Fundraising Events | -$55,158 |
Net Income from Gaming Activities | $7,475 |
Net Income from Sales of Inventory | $117,619 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,167,007 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $29,533 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $174,617 |
Compensation of current officers, directors, key employees. | $174,617 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $927,192 |
Pension plan accruals and contributions | $16,172 |
Other employee benefits | $68,495 |
Payroll taxes | $78,504 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,435 |
Fees for services: Accounting | $20,490 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $30,987 |
Fees for services: Other | $102,695 |
Advertising and promotion | $25,322 |
Office expenses | $114,873 |
Information technology | $42,570 |
Royalties | $0 |
Occupancy | $310,190 |
Travel | $31,797 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $552,132 |
Insurance | $18,310 |
All other expenses | $65,658 |
Total functional expenses | $2,894,429 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $329,014 |
Savings and temporary cash investments | $2,244,728 |
Pledges and grants receivable | $285,117 |
Accounts receivable, net | $75,825 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $74,020 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $21,509,592 |
Investments—publicly traded securities | $6,069,391 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $130,276 |
Total assets | $30,717,963 |
Accounts payable and accrued expenses | $102,679 |
Grants payable | $0 |
Deferred revenue | $174,887 |
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 | $412,500 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $690,066 |
Net assets without donor restrictions | $22,055,111 |
Net assets with donor restrictions | $7,972,786 |
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 | $30,717,963 |