Asheville Area Arts Council
- Assets
- $278.9k
- Revenue
- $641.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Asheville, NC
- Founding
- 10/1979
- Data as of
- 06/2023
- EIN
- 58-1371546
Organization Overview
Asheville Area Arts Council, operating under the name Arts AVL, is located in Asheville, NC. The organization was established in 1979. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Arts AVL employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts AVL 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 06/2023, Arts AVL generated $641.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $569.2k during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 8 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.
Since 2015, Arts AVL has awarded 55 individual grants totaling $408,197. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
KEEP THE ARTS AT THE HEART OF OUR COMMUNITY. AAAC FULFILLS ITS MISSION BY SUPPORTING ARTS ORGANIZATIONS AND ARTISTS IN BUNCOMBE COUNTY THROUGH ADVOCACY, PUBLIC ART, AND SERVICES FOR CREATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTION- IN EARLY 2023, ARTSAVL LAUNCHED A NEW MICROSITE WHICH INCLUDES AN ARTS DIRECTORY, EVENTS AND OPPORTUNITIES PAGES. THE GOAL IS TO CONNECT RESIDENTS AND VISITORS TO ARTS BUSINESSES AND PROFESSIONALS THROUGHOUT OUR COMMUNITY. ARTSAVL IS ALSO MAKING IT EASY TO EXPLORE ASHEVILLE'S ART SCENE WHILE SUPPORTING ARTS BUSINESSES BY LAUNCHING THE ARTSAVL CONNECT TROLLEY PROGRAM. THIS FREE SERVICE LINKS KEY ARTS DESTINATIONS IN DOWNTOWN ASHEVILLE AND THE RIVER ARTS DISTRICTS. DATA SHOWS A MARKED INCREASE IN BOTH PATRONAGE AND SALES ON TROLLEY DAYS.
ADVOCACY- IN ADDITION TO ANNUAL CREATIVE ECONOMY REPORTING, ARTSAVL PARTNERED WITH AMERICANS FOR THE ARTS ON THE 6TH NATIONWIDE ARTS & ECONOMIC PROSPERITY STUDY- THE RESULTS OF WHICH WERE PUBLISHED IN OCTOBER 2023. ARTSAVL ALSO HELD A SERIES OF FOUR ARTSAVL TOWN HALL EVENTS WHICH FOCUSED ON THE ELECTION AND INTRODUCED THE NEW STATE OF THE ARTS BRUNCH EVENT. THE BRUNCH CELEBRATES OUR CREATIVE SIDE WHILE DEMONSTRATING THE MAJOR ROLE THE ARTS PLAY IN BUNCOMBE COUNTY. ADDITIONALLY, ARTSAVL ADVOCATED FOR THE CONTINUATION OF THE CITY'S STRATEGIC EVENT PARTNERSHIP FUNDING AND INCREASED STATE FUNDING SUPPORT FOR THE ARTS.
GRANTS- IN FY23, ARTSAVL REGRANTED $259,363 THROUGH 76 GRANTS. THIS MEANS APPROXIMATELY 40% OF ARTSAVL FY23 BUDGET WAS REGRANTED IN FY23. FOR PERSPECTIVE, ARTSAVL REGRANTED $128,743 THROUGH 71 GRANTS IN FY22. THAT IS A 50% INCREASE IN GRANT AWARDS FROM FY22 TO FY23. ARTSAVL GRANTS INCLUDE THE ARTS BUILD COMMUNITY GRANT, GRASSROOTS ARTS PROGRAM, ARTIST SUPPORT GRANT, AND TEACHING ARTISTS PRESENTING IN ASHEVILLE AREA SCHOOLS PROGRAM. MAJOR FUNDING SUPPORT FOR THESE GRANTS CAME FROM THE NORTH CAROLINA ARTS COUNCIL AND BUNCOMBE COUNTY GOVERNMENT. 61% OF FY23 GRANTS WERE AWARDED TO UNDERSERVED COMMUNITIES EITHER BY RACE, LOCATION, OR OTHER SPECIAL NEEDS, AND 34% OF FY23 GRANTS WERE AWARDED TO BIPOC LED ORGANIZATIONS OR ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Cornell Executive Director | Officer | 40 | $68,527 |
Pete Perez Chair | OfficerTrustee | 2 | $0 |
Brandy Bourne Vice Chair | OfficerTrustee | 2 | $0 |
Lori Hines Treasurer | OfficerTrustee | 2 | $0 |
Gael Perry Pearson Board Member | OfficerTrustee | 2 | $0 |
Susan Harper Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,728 |
| Fundraising events | $7,525 |
| Related organizations | $0 |
| Government grants | $536,229 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,166 |
| Noncash contributions included in lines 1a–1f | $1,775 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $607,648 |
| Total Program Service Revenue | $29,789 |
| Investment income | $1,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,184 |
| Net Income from Fundraising Events | -$3,194 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $641,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $219,730 |
| 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. | $74,868 |
| Compensation of current officers, directors, key employees. | $18,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,671 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,277 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,437 |
| Fees for services: Other | $35,550 |
| Advertising and promotion | $3,156 |
| Office expenses | $14,745 |
| Information technology | $10,312 |
| Royalties | $0 |
| Occupancy | $16,812 |
| Travel | $1,673 |
| 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 | $0 |
| Insurance | $5,067 |
| All other expenses | $0 |
| Total functional expenses | $569,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,193 |
| Savings and temporary cash investments | $83,260 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,058 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,386 |
| Total assets | $278,897 |
| Accounts payable and accrued expenses | $8,511 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $8,511 |
| Net assets without donor restrictions | $158,859 |
| Net assets with donor restrictions | $111,527 |
| 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 | $278,897 |
Grants Awarded
Over the last fiscal year, Asheville Area Arts Council has awarded $144,695 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ASHEVILLE WRITERS IN THE SCHOOLS PURPOSE: Support Community Arts | $7,500 |
DELTA HOUSE LIFE DEVELOPMENT OF ASHEVILLE PURPOSE: Support Community Arts | $10,000 |
ASHEVILLE ART MUSEUM INC PURPOSE: Support Community Arts | $7,500 |
ASHEVILLE MUSIC SCHOOL PURPOSE: Support Community Arts | $7,500 |
ASHEVILLE SYMPHONY SOCIETY INC PURPOSE: Support Community Arts | $10,000 |
BELOVED ASHEVILLE PURPOSE: Support Community Arts | $7,500 |