Asheville Area Arts Council
- Assets
- $197.0k
- Revenue
- $256.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Asheville, NC
- Founding
- 10/1979
- Data as of
- 06/2022
- EIN
- 58-1371546
Organization Overview
Asheville Area Arts Council 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 06/2022, Asheville Area Arts Council employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asheville Area Arts Council 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 Area Arts Council generated $256.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $293.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Asheville Area Arts Council has awarded 66 individual grants totaling $499,692. 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
2022
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
TOTAL PROGRAM EXPENSES OF $261,684 WERE INCURRED IN ACTIVITIES DESCRIBED BELOW IN 4A, 4B AND 4C, AS WELL AS OTHER PROGRAM ACTIVITIES: ADVOCACY- IN ORDER TO BETTER SERVE THE MANY DIVERSE ARTS PROFESSIONALS AND BUSINESSES IN BUNCOMBE COUNTY, THE ASHEVILLE AREA ARTS COUNCIL FORMED THE ARTS COALITION IN 2021 TO DRIVE POLICY IN KEY FOCUS AREAS. THROUGH A SERIES OF TEN COMMITTEES THE COALITION SETS A YEARLY POLICY AGENDA, AND WORKS TOWARDS ADDRESSING THESE OPPORTUNITIES AND CHALLENGES THROUGH ADVOCACY INITIATIVES. WITH THE COALITION'S SUPPORT, THE ARTS COUNCIL HOSTED THE CREATIVE SECTOR SUMMIT, PUBLISHED THE BUNCOMBE COUNTY CREATIVE EARNINGS REPORT, AND SUCCESSFULLY ADVOCATED FOR A $130K ARTS & CULTURE BLOCK GRANT FROM BUNCOMBE COUNTY GOVERNMENT TO PROVIDE ADDITIONAL FUNDING SUPPORT TO ARTS ORGANIZATIONS IN FY23.
PUBLIC ART- THE ARTS COUNCIL WAS AWARDED FUNDING FROM DOGWOOD HEALTH TRUST TO LEAD A COMMUNITY ENGAGEMENT PROCESS AND EXHIBITION FOR THE 2020 AVL PROTEST MURALS. THIS INCLUDED A VIRTUAL EXHIBITION OF MORE THAN 50 STOREFRONT MURALS, AN AUCTION, AND SPEAKER SERIES. PROGRAMMING WAS CONDUCTED IN PARTNERSHIP WITH THE MARTIN LUTHER KING JR. ASSOCIATION OF ASHEVILLE AND BUNCOMBE COUNTY. THE ARTS COUNCIL ALSO SUPPORTED OTHER PUBLIC ART PROJECTS INCLUDING THE AFRICAN AMERICAN HERITAGE TRAIL PROJECT, AND THE PACK SQUARE PLAZA VISIONING INITIATIVE.
SERVICE FOR CREATIVES- THE ASHEVILLE AREA ARTS COUNCIL AWARDED 44 GRANTS AND DISTRIBUTED $91,040 THROUGH TWO GRANT PROGRAMS IN 2021-2022. THE GRASSROOTS ARTS PROGRAM GRANT PROVIDES OPERATING AND PROGRAMMATIC SUPPORT FOR NONPROFIT ARTS ORGANIZATIONS AND WAS FUNDED BY THE NORTH CAROLINA ARTS COUNCIL THROUGH A STATE BUDGET ALLOCATION, AND $50,000 IN BUNCOMBE COUNTY AMERICAN RESCUE PLAN FUNDING. THE ARTS BUILD COMMUNITY GRANT SUPPORTS ARTS-BASED COMMUNITY PROJECTS. IT WAS FUNDED THROUGH A BUNCOMBE COUNTY STRATEGIC PARTNERSHIP GRANT AND PRIVATE DONATIONS. THE ARTS COUNCIL ALSO SUPPORTED 9 ARTIST RESIDENCIES FOR BUNCOMBE COUNTY SCHOOLS THROUGH THE TEACHING ARTISTS PRESENTING IN ASHEVILLE AREA SCHOOLS (TAPAAS) PROGRAM, SERVING OVER 450 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Cornell Executive Director | Officer | 40 | $62,462 |
Gael Perry Pearson Secretary | OfficerTrustee | 2 | $0 |
Pete Perez Chair | OfficerTrustee | 2 | $0 |
Josh Batenhorst Vice Chair | OfficerTrustee | 2 | $0 |
Noel Swartz Treasurer | OfficerTrustee | 2 | $0 |
Eunice Ward Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,470 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,447 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,231 |
| Noncash contributions included in lines 1a–1f | $2,255 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,148 |
| Total Program Service Revenue | $7,015 |
| Investment income | $1,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,046 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $91,040 |
| 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. | $64,962 |
| Compensation of current officers, directors, key employees. | $4,041 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,527 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,822 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,646 |
| Fees for services: Other | $1,586 |
| Advertising and promotion | $1,625 |
| Office expenses | $14,722 |
| Information technology | $166 |
| Royalties | $0 |
| Occupancy | $8,111 |
| Travel | $0 |
| 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 | $5,004 |
| All other expenses | $0 |
| Total functional expenses | $293,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,292 |
| Savings and temporary cash investments | $1,544 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,248 |
| 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 | $152,921 |
| Total assets | $197,005 |
| Accounts payable and accrued expenses | $5,095 |
| 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 | $5,095 |
| Net assets without donor restrictions | $183,480 |
| Net assets with donor restrictions | $8,430 |
| 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 | $197,005 |
Grants Awarded
Over the last fiscal year, Asheville Area Arts Council has awarded $11,156 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Asheville, NC PURPOSE: Support Community Arts | $5,848 |
Asheville, NC PURPOSE: Support Community Arts | $5,308 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Asheville Area Arts Council has recieved totaling $9,750.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: ADVANCING THE ARTS | $9,750 |
Endowment Analysis
| Beg. Balance | $174,621 |
| Earnings | -$20,054 |
| Admin Expense | $1,646 |
| Ending Balance | $152,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts Memphis Memphis, TN | $27,136,198 | $4,849,435 |
Arts Council Incorporated Winston-Salem Arts Council Winstonsalem, NC | $15,705,377 | $2,746,354 |
Chapman Cultural Center Inc Spartanburg, SC | $23,950,821 | $2,123,080 |
North Carolina Humanities Council Charlotte, NC | $2,197,159 | $2,458,418 |
Arts Council Of Fayetteville Fayetteville, NC | $3,779,003 | $2,578,724 |
United Arts Council Of Raleigh And Wake County Inc Raleigh, NC | $1,299,106 | $2,647,753 |
The Art League Inc Alexandria, VA | $1,163,966 | $1,385,812 |
Durham Arts Council Inc Durham, NC | $657,218 | $2,110,368 |
Metropolitan Arts Council Greenville, SC | $3,409,693 | $2,105,516 |
Arts Council Of Fairfax County Inc Fairfax, VA | $710,775 | $1,457,030 |
Cultureworks Inc Richmond, VA | $827,621 | $1,289,541 |
United Arts Council Of Greater Greensboro Inc Greensboro, NC | $1,155,592 | $966,419 |