Form 990 for tax year 2024
Filed by PROVINCETOWN ART ASSOCIATION AND MUSEUM INC.
Totals
- Total revenue
- $4,651,470
- Total expenses
- $2,152,356
- Contributions and grants received
- $3,731,768
- Grants paid
- $17,500
- Program service revenue
- $172,824
- Investment income
- $253,310
- Other revenue
- $493,568
- Total assets, end of year
- $18,709,281
- Total liabilities, end of year
- $928,477
- Net assets or fund balances, end of year
- $17,780,804
- Program services expenses (Part IX)
- $1,366,216
- Management and general expenses
- $494,736
- Fundraising expenses
- $291,404
- Program service expenses (Part III)
- $1,366,216
Program services were 63.5% 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.
-
1b · Membership dues
$129,443
-
1e · Government grants (contributions)
$126,450
-
1f · All other contributions, gifts and grants
$3,475,875
-
1g · Noncash contributions included above
$400,941
-
2a · Program service revenue: MUSEUM ADMISSIONS
total $68,693 · related or exempt $68,693
-
2b · Program service revenue: MUSEUM SCHOOL
total $62,972 · related or exempt $62,972
-
2c · Program service revenue: MUSEUM PROGRAMS
total $41,159 · related or exempt $41,159
-
3 · Investment income
total $192,312 · excluded $192,312
-
6a · Gross rents
real property $395
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $395
-
6d · Net rental income or loss
total $395 · excluded $395
-
7a · Gross sales of assets other than inventory
securities $60,998
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $60,998
-
7d · Net gain or loss
total $60,998 · excluded $60,998
-
8a · Fundraising events: gross income
$726,848
-
8b · Fundraising events: direct expenses
$295,935
-
8c · Net income from fundraising events
total $430,913 · excluded $430,913
-
10a · Gross sales of inventory
$175,786
-
10b · Cost of goods sold
$113,526
-
10c · Net income from sales of inventory
total $62,260 · related or exempt $62,260
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $17,500 · program services $17,500
-
7 · Other salaries and wages
total $927,640 · program services $499,077 · management and general $230,496 · fundraising $198,067
-
8 · Pension plan contributions
total $20,302 · program services $10,922 · management and general $5,045 · fundraising $4,335
-
9 · Other employee benefits
total $87,909 · program services $47,296 · management and general $21,843 · fundraising $18,770
-
10 · Payroll taxes
total $70,928 · program services $43,976 · management and general $11,348 · fundraising $15,604
-
11c · Fees: accounting
total $51,482 · management and general $51,482
-
11f · Fees: investment management
total $47,951 · management and general $47,951
-
12 · Advertising and promotion
total $19,540 · program services $19,540
-
13 · Office expenses
total $28,208 · program services $28,208
-
17 · Travel
total $18,078 · program services $18,078
-
20 · Interest
total $107,243 · management and general $107,243
-
22 · Depreciation, depletion and amortization
total $171,516 · program services $161,782 · management and general $9,734
-
23 · Insurance
total $88,283 · program services $86,635 · management and general $1,648
-
24a · Other expenses: ARTIST, TEACHERS, INTER
total $72,290 · program services $72,290
-
24b · Other expenses: EXHIBITIONS AND PROGRAM
total $66,290 · program services $66,290
-
24c · Other expenses: EVENTS
total $58,450 · program services $17,228 · fundraising $41,222
-
24d · Other expenses: RENT
total $55,083 · program services $55,083
-
24e · All other expenses
total $243,663 · program services $222,311 · management and general $7,946 · fundraising $13,406
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,150 · end of year $1,350
-
2 · Savings and temporary cash investments
beginning of year $694,233 · end of year $687,856
-
3 · Pledges and grants receivable
beginning of year $80,000 · end of year $40,000
-
8 · Inventories for sale or use
beginning of year $85,366 · end of year $77,661
-
9 · Prepaid expenses and deferred charges
beginning of year $28,610 · end of year $27,324
-
10a · Land, buildings and equipment: cost or other basis
$7,082,584
-
10b · Land, buildings and equipment: accumulated depreciation
$3,198,286
-
10c · Land, buildings and equipment, net
beginning of year $4,026,675 · end of year $3,884,298
-
11 · Investments: publicly traded securities
beginning of year $4,861,315 · end of year $5,222,523
-
14 · Intangible assets
beginning of year $11,040 · end of year $10,635
-
15 · Other assets
beginning of year $8,428,244 · end of year $8,757,634
-
17 · Accounts payable and accrued expenses
beginning of year $22,547 · end of year $43,466
-
23 · Secured mortgages and notes payable
beginning of year $3,101,184 · end of year $882,624
-
25 · Other liabilities
beginning of year $1,647 · end of year $2,387
-
27 · Net assets without donor restrictions
beginning of year $11,745,167 · end of year $14,343,721
-
28 · Net assets with donor restrictions
beginning of year $3,346,088 · end of year $3,437,083
Mission and programs · 2024
Mission
MAINTAIN & EXHIBIT PERMANENT ART COLLECTION, SCHOOL, GALLERY AND SPECIAL EXHIBITS INVOLVING VISUAL ARTS
-
MUSEUM GALLERY - EXHIBITIONS, DISPLAYS, SHOWS AND GENERAL MUSEUM ACTIVITY REVOLVING AROUND THE MUSEUM ART COLLECTION.
Expenses $1,286,438 · Revenue $172,112
-
MUSEUM SCHOOL - PROGRAMS INVOLVING THE VISUAL ARTS; FEES CHARGED TO COVER COSTS.
Expenses $79,778 · Grants $17,500 · Revenue $62,972
As filed on the 2024 return.
Listed in Part VII
-
Lise MotherwellLISE MOTHERWELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Cheryl KatzCHERYL KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annemette Cliggot-PerltANNEMETTE CLIGGOT-PERLT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Grace HopkinsGRACE HOPKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug DolezalDOUG DOLEZAL
CLERK
- Total calculated
- $0
- Hours/week
- 5
-
Carol WarshawskyCAROL WARSHAWSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lennie AlickmanLENNIE ALICKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian SchneiderBRIAN SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon FaySHARON FAY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Joe FiorelloJOE FIORELLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Russel GaudreauRUSSEL GAUDREAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather BlumeHEATHER BLUME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dawn McCallDAWN MCCALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William RawnWILLIAM RAWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin O'SheaKEVIN O'SHEA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
David DatzDAVID DATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stewart CliffordSTEWART CLIFFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James BakkerJAMES BAKKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lori BooksteinLORI BOOKSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Breon DuniganBREON DUNIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Judy KatzJUDY KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Douglas BrooksDOUGLAS BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Trevor MikulaTREVOR MIKULA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine McCarthyCHRISTINE MCCARTHY
CEO
- Total calculated
- $222,001
- From this org
- $214,425
- From related orgs
- $0
- Other
- $7,576
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $214,425
- Bonus
- $0
- Other
- $0
- Deferred
- $7,576
- Nontaxable benefits
- $0
- Filer's total
- $222,001
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 · Compensation committee
- 3 · Compensation survey or study
- 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
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 26 September 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502879349300545
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