Skip to content
Nonprofiteer
← COLLEGE ART ASSOCIATION OF AMERICA INC

Form 990 for tax year 2023

Filed by COLLEGE ART ASSOCIATION OF AMERICA INC.

Totals

Total revenue
$3,400,972
Total expenses
$3,429,311
Contributions and grants received
$598,466
Grants paid
$295,161
Program service revenue
$1,737,851
Investment income
$1,010,084
Other revenue
$54,571
Total assets, end of year
$12,818,853
Total liabilities, end of year
$1,807,609
Net assets or fund balances, end of year
$11,011,244
Program services expenses (Part IX)
$2,543,679
Management and general expenses
$790,095
Fundraising expenses
$95,537
Program service expenses (Part III)
$2,543,679

Program services were 74.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $598,466

  • 2a · Program service revenue: PUBLICATION REVENUE

    total $495,000 · related or exempt $495,000

  • 2b · Program service revenue: ANNUAL CONFERENCE

    total $465,836 · related or exempt $465,836

  • 2c · Program service revenue: CAREER DEVELOPMENT ACTIVITIES

    total $365,205 · unrelated business $365,205

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $351,477 · related or exempt $351,477

  • 2e · Program service revenue: ADVERTISING

    total $60,333 · unrelated business $60,333

  • 3 · Investment income

    total $231,582 · excluded $231,582

  • 5 · Royalties

    total $45,655 · excluded $45,655

  • 7a · Gross sales of assets other than inventory

    securities $5,416,633

  • 7b · Less cost or other basis and sales expenses

    securities $4,638,131

  • 7c · Gain or loss

    securities $778,502

  • 7d · Net gain or loss

    total $778,502 · excluded $778,502

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $8,916 · excluded $8,916

  • 11e · Other revenue, total

    $8,916

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $184,220 · program services $184,220

  • 2 · Grants to domestic individuals

    total $60,112 · program services $60,112

  • 3 · Grants to foreign organizations and individuals

    total $50,829 · program services $50,829

  • 5 · Compensation of officers, directors and key employees

    total $432,364 · program services $331,240 · management and general $75,873 · fundraising $25,251

  • 7 · Other salaries and wages

    total $743,437 · program services $569,554 · management and general $130,465 · fundraising $43,418

  • 8 · Pension plan contributions

    total $41,969 · program services $32,153 · management and general $7,365 · fundraising $2,451

  • 9 · Other employee benefits

    total $146,742 · program services $112,420 · management and general $25,751 · fundraising $8,571

  • 10 · Payroll taxes

    total $81,487 · program services $62,428 · management and general $14,300 · fundraising $4,759

  • 11c · Fees: accounting

    total $52,372 · program services $2,039 · management and general $48,238 · fundraising $2,095

  • 11f · Fees: investment management

    total $59,236 · management and general $59,236

  • 11g · Fees: other

    total $116,500 · program services $116,500

  • 12 · Advertising and promotion

    total $2,240 · program services $2,240

  • 13 · Office expenses

    total $32,434 · program services $22,473 · management and general $9,961

  • 14 · Information technology

    total $105,402 · program services $95,388 · management and general $4,744 · fundraising $5,270

  • 16 · Occupancy

    total $307,411 · program services $199,817 · management and general $107,594

  • 17 · Travel

    total $137,360 · program services $137,360

  • 19 · Conferences, conventions and meetings

    total $242,091 · program services $242,091

  • 22 · Depreciation, depletion and amortization

    total $24,389 · program services $18,392 · management and general $4,480 · fundraising $1,517

  • 23 · Insurance

    total $30,386 · program services $19,219 · management and general $11,167

  • 24a · Other expenses: EQUIPMENT MAINTENANCE A

    total $180,384 · program services $92,123 · management and general $86,056 · fundraising $2,205

  • 24b · Other expenses: TRAINING AND RECRUITING

    total $119,297 · management and general $119,297

  • 24c · Other expenses: EDITORIAL

    total $91,335 · program services $91,335

  • 24d · Other expenses: TAXES

    total $85,568 · management and general $85,568

  • 24e · All other expenses

    total $101,746 · program services $101,746

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $152,275 · end of year $122,831

  • 2 · Savings and temporary cash investments

    beginning of year $338,882 · end of year $260,907

  • 3 · Pledges and grants receivable

    beginning of year $257,290 · end of year $326,769

  • 4 · Accounts receivable

    beginning of year $35,651 · end of year $77,104

  • 9 · Prepaid expenses and deferred charges

    beginning of year $35,605 · end of year $77,138

  • 10a · Land, buildings and equipment: cost or other basis

    $1,532,345

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,383,317

  • 10c · Land, buildings and equipment, net

    beginning of year $173,418 · end of year $149,028

  • 11 · Investments: publicly traded securities

    beginning of year $10,975,610 · end of year $10,944,432

  • 15 · Other assets

    beginning of year $1,117,060 · end of year $860,644

  • 17 · Accounts payable and accrued expenses

    beginning of year $180,705 · end of year $367,200

  • 19 · Deferred revenue

    beginning of year $497,561 · end of year $481,485

  • 25 · Other liabilities

    beginning of year $1,246,040 · end of year $958,924

  • 27 · Net assets without donor restrictions

    beginning of year $4,640,238 · end of year $4,221,823

  • 28 · Net assets with donor restrictions

    beginning of year $6,521,347 · end of year $6,789,421

Mission and programs · 2023

Mission

THE COLLEGE ART ASSOCIATION (CAA), AS THE PREEMINENT INTERNATIONAL LEADERSHIP ORGANIZATION IN THE VISUAL ARTS, PROMOTES THESE ARTS AND THEIR UNDERSTANDING THROUGH ADVOCACY, INTELLECTUAL ENGAGEMENT, AND A COMMITMENT TO THE DIVERSITY OF PRACTICES AND PRACTITIONERS.

Activities or mission (Part I)

THE COLLEGE ART ASSOCIATION PROMOTES THE VISUAL ARTS AND UNDERSTANDING THROUGH VARIOUS MEANS.

  • ART BULLETIN: THE ART BULLETIN FOUNDED IN 1913 IS A QUARTERLY DEDICATED TO SCHOLARLY ARTICLES AND REVIEWS OF BOOKS IN ALL PERIODS OF ART HISTORY. FOUR ISSUES WERE MAILED TO APPROXIMATELY 3,200 MEMBERS.

    Expenses $230,519 · Revenue $267,300

  • ART JOURNAL: A QUARTERLY FOUNDED IN 1941 IS A JOURNAL OF ARTICLES AND OPINIONS THAT FOCUS ON ART AND OTHER ISSUES IN ARTS OF OUR TIME. FOUR ISSUES WERE MAILED TO APPROXIMATELY 3,300 MEMBERS.

    Expenses $228,117 · Revenue $227,700

  • ANNUAL MEETING: A MEETING IS HELD ONCE A YEAR FOR STUDENTS, TEACHERS, & SCHOLARS. THEY GATHER TO DISSEMINATE INFORMATION IN THE FIELD OF ART AND HISTORY. OVER 2,700 ATTENDED THIS MEETING.

    Expenses $698,762 · Revenue $465,836

  • CAA REVIEWS

    Expenses $93,161

  • OTHER PUBLICATIONS

    Expenses $50,226

  • DIRECTORIES

    Expenses $59,857

  • FELLOWSHIPS AND GRANTS

    Expenses $495,333 · Grants $295,161

  • NEWSLETTER

    Expenses $63,339

  • CAREER DEVELOPMENT ACTIVITIES

    Expenses $105,759 · Revenue $365,205

  • MEMBER SERVICES

    Expenses $307,818 · Revenue $351,477

  • ADVOCACY

    Expenses $47,457

  • MEDIA, PR & COMMUNICATIONS

    Expenses $140,653 · Revenue $60,333

  • OTHER PROGRMS

    Expenses $22,678

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DENISE BAXTER

    PRESIDENT (AS OF 5/24)

    Total calculated
    $0
    Hours/week
    2
  • LARA M EVANS

    VP FOR ANNUAL CONFERENCE & PROGRAMS

    Total calculated
    $0
    Hours/week
    2
  • GREG GILBERT

    VP FOR COMMITTEES (AS OF 5/24)

    Total calculated
    $0
    Hours/week
    2
  • LAURA ANDERSON BARBATA

    VP FOR DIVERSITY & INCLUSION

    Total calculated
    $0
    Hours/week
    2
  • KAREN LEADER

    VP FOR EXTERNAL RELATIONS

    Total calculated
    $0
    Hours/week
    2
  • ANTHONY CRISAFULLI

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • KATY ROGERS

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • GREGORY V GOODING

    GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    2
  • LYNNE D ALLEN

    VP FOR COMMITTEES (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • SCHEREZADE GARCIA

    VP FOR EXT RELATIONS (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • KEN WISSOKER

    VP FOR PUBLICATIONS (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • NICOLE ARCHER

    DIRECTOR (AS OF 5/24)

    Total calculated
    $0
    Hours/week
    2
  • DAMON ARHOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • THERESA AVILA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ROLAND BETANCOURT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ALEX BOSTIC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • RADHA DALAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • SHARON HECKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • NAZAR KOZAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • CAROLYN JEAN MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • NOZOMI NAOI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • WANDA RAIMUNDI-ORTIZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • EMILY RICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JENNIFER RISSLER

    DIRECTOR (AS OF 5/24)

    Total calculated
    $0
    Hours/week
    2
  • ADITY SAXENA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • KELLY WALTERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ERIC WOLF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MORA BEAUCHAMP-BYRD

    DIRECTOR (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • TIFFANY HOLMES

    DIRECTOR (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • VICTORIA MCCRAVEN

    DIRECTOR (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • NADA SHABOUT

    DIRECTOR (THROUGH 5/24)

    Total calculated
    $0
    Hours/week
    2
  • ISIMEME OMOGBAI

    EXECUTIVE DIRECTOR AND CEO

    Total calculated
    $272,953
    From this org
    $248,362
    From related orgs
    $0
    Other
    $24,591
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,362
    Bonus
    $0
    Other
    $0
    Deferred
    $12,483
    Nontaxable benefits
    $12,108
    Filer's total
    $272,953
  • PRAKASH KOLLURI

    DIRECTOR OF FIN & ADMIN, CONTROLLER

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • MAEGHAN DONOHUE

    CHIEF OF STAFF & DIR OF STRATEGIC PLANNING

    Total calculated
    $141,514
    From this org
    $129,456
    From related orgs
    $0
    Other
    $12,058
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
DETERMINATION OF COMPENSATION OF THE EXECUTIVE DIRECTOR: THE EXECUTIVE COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE. AT THAT TIME, THEIR COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE. OTHER SALARIES ARE REVIEWED AND APPROVED DURING THE BUDGET PREPARATION PROCESS BY THE EXECUTIVE DIRECTOR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
5 May 2025
IRS schema version
2023v6.0
Source object
202541279349302084

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.