Form 990 for tax year 2024
Filed by BLACK MOUNTAIN COLLEGE MUSEUMS & ARTS CENTER.
Totals
- Total revenue
- $2,790,049
- Total expenses
- $574,374
- Contributions and grants received
- $2,659,216
- Grants paid
- $0
- Program service revenue
- $59,764
- Investment income
- $62,557
- Other revenue
- $8,512
- Total assets, end of year
- $4,434,707
- Total liabilities, end of year
- $10,807
- Net assets or fund balances, end of year
- $4,423,900
- Program services expenses (Part IX)
- $301,528
- Management and general expenses
- $168,019
- Fundraising expenses
- $104,827
- Program service expenses (Part III)
- $301,528
Program services were 52.5% 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
$30,779
-
1e · Government grants (contributions)
$66,150
-
1f · All other contributions, gifts and grants
$2,562,287
-
2a · Program service revenue: EVENT INCOME
total $43,376 · related or exempt $43,376
-
2b · Program service revenue: MUSEUM ENTRANCE FEES
total $14,746 · related or exempt $14,746
-
2c · Program service revenue: CONFERENCE INCOME
total $1,642 · related or exempt $1,642
-
3 · Investment income
total $103,261 · excluded $103,261
-
5 · Royalties
total $3,195 · related or exempt $3,195
-
6a · Gross rents
real property $17,256
-
6b · Less rental expenses
real property $48,773
-
6c · Rental income or loss
real property -$31,517
-
6d · Net rental income or loss
total -$31,517 · excluded -$31,517
-
7a · Gross sales of assets other than inventory
securities $1,316,238
-
7b · Less cost or other basis and sales expenses
securities $1,301,573 · other assets $55,369
-
7c · Gain or loss
securities $14,665 · other assets -$55,369
-
7d · Net gain or loss
total -$40,704 · excluded -$40,704
-
10a · Gross sales of inventory
$58,691
-
10b · Cost of goods sold
$21,857
-
10c · Net income from sales of inventory
total $36,834 · related or exempt $36,834
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $83,000 · program services $29,050 · management and general $33,200 · fundraising $20,750
-
7 · Other salaries and wages
total $173,696 · program services $60,794 · management and general $69,478 · fundraising $43,424
-
10 · Payroll taxes
total $17,915 · program services $6,270 · management and general $7,166 · fundraising $4,479
-
11b · Fees: legal
total $15,417 · program services $5,396 · management and general $6,167 · fundraising $3,854
-
11c · Fees: accounting
total $3,050 · program services $1,068 · management and general $1,220 · fundraising $762
-
11g · Fees: other
total $83 · program services $29 · management and general $33 · fundraising $21
-
12 · Advertising and promotion
total $2,173 · program services $2,173
-
13 · Office expenses
total $3,237 · program services $1,133 · management and general $1,295 · fundraising $809
-
14 · Information technology
total $883 · program services $309 · management and general $353 · fundraising $221
-
16 · Occupancy
total $82,372 · program services $28,830 · management and general $32,949 · fundraising $20,593
-
20 · Interest
total $297 · management and general $297
-
22 · Depreciation, depletion and amortization
total $13,271 · program services $4,645 · management and general $5,308 · fundraising $3,318
-
23 · Insurance
total $8,372 · program services $2,930 · management and general $3,349 · fundraising $2,093
-
24a · Other expenses: EXHIBITIONS
total $76,861 · program services $76,861
-
24b · Other expenses: EVENT EXPENSES
total $53,869 · program services $53,869
-
24c · Other expenses: ACTIVE ARCHIVE RESIDENC
total $13,579 · program services $13,579
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $13,280 · program services $4,648 · management and general $5,312 · fundraising $3,320
-
24e · All other expenses
total $13,019 · program services $9,944 · management and general $1,892 · fundraising $1,183
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $59,736 · end of year $53,234
-
2 · Savings and temporary cash investments
beginning of year $180,067 · end of year $90,936
-
3 · Pledges and grants receivable
end of year $5,000
-
4 · Accounts receivable
end of year $4,663
-
8 · Inventories for sale or use
beginning of year $3,642 · end of year $22,681
-
10a · Land, buildings and equipment: cost or other basis
$4,459,908
-
10b · Land, buildings and equipment: accumulated depreciation
$202,626
-
10c · Land, buildings and equipment, net
beginning of year $519,598 · end of year $4,257,282
-
11 · Investments: publicly traded securities
beginning of year $1,647,241 · end of year $911
-
17 · Accounts payable and accrued expenses
beginning of year $1,773 · end of year $10,807
-
27 · Net assets without donor restrictions
beginning of year $761,270 · end of year $4,332,964
-
28 · Net assets with donor restrictions
beginning of year $1,647,241 · end of year $90,936
Mission and programs · 2024
Mission
PRESERVING AND CONTINUING THE LEGACY OF EDUCATIONAL AND ARTISTIC INNOVATION OF BLACK MOUNTAIN COLLEGE THROUGH COLLECTION, CONSERVATION, AND EDUCATIONAL ACTIVITIES INCLUDING EXHIBITIONS, PUBLICATIONS, AND PUBLIC PROGRAMS.
-
EDUCATE AND ENLIGHTEN THE GENERAL PUBLIC TO THE ARTS AT BLACK MOUNTAIN COLLEGE BY NON PROFIT ART GALLERY AND MUSEUM EXHIBITS OF PAINTINGS, DRAWINGS, SCULPTURES, PHOTOS, ETC BY ARTISTS WHO ATTENDED BLACK MOUNTAIN COLLEGE.
Expenses $301,528 · Revenue $99,793
As filed on the 2024 return.
Listed in Part VII
-
Rob PulleynROB PULLEYN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michael ManesMICHAEL MANES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Curt CloningerCURT CLONINGER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Teresa Swan TuiteTERESA SWAN TUITE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ralph BurnsRALPH BURNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Donald CarsonDONALD CARSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard ChessRICHARD CHESS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marcia R CohenMARCIA R COHEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Blaise DefranceauxBLAISE DEFRANCEAUX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hedy FischerHEDY FISCHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Grant HeneganGRANT HENEGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Leigh MaherLEIGH MAHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dave PeiferDAVE PEIFER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cherry Lentz SaengerCHERRY LENTZ SAENGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary Holden ThompsonMARY HOLDEN THOMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda WilesAMANDA WILES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nan ZanderNAN ZANDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff ArnalJEFF ARNAL
EXECUTIVE DIRECTOR
- Total calculated
- $83,000
- From this org
- $83,000
- From related orgs
- $0
- Other
- $0
- 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.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SPROUTED SEEDS LLC
REAL ESTATE · NC · income -$31,517 · assets $3,990,467
Directly controlled by BLACK MOUNTAIN COLLEGE MUSEUM AND ARTS CENTER INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523219349311467
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