ASHEVILLE ART MUSEUM ASSOCIATION INC

As filed

Subsection

03

NTEE code

A510

Classification

2000

Street

2 S PACK SQ

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• Established by artists and incorporated in 1948, Asheville Art Museum (the Museum) is committed to being a vital force in the community and individual development and to providing life-long opportunities for education and enrichment through the visual arts. The Museum has established its expertise in the collection, preservation, and interpretation of American art beginning in the 20th century and making innovative and outstanding exhibition experiences available to residents and visitors to WNC. The Museum preserves important aspects of our national and regional heritage through strategic collecting and conscientious stewardship of great works of art.

  Expenses $2,548,042 · Grants $16,338 · Revenue $554,995

• In FY24/25, the Museum served 59,667 participants including 9,738 children and 236 artists through educational programs and presented 20 onsite and 7 digital exhibitions drawing from its own Collection and borrowed works. The Museum curates exhibitions and programs focusing on themes of contemporary interest and invites internationally acclaimed artists, scholars, and educators to contribute their skills. The Museum provides vital and otherwise unavailable cultural and educational services to adults and children of all ages including school and adult tours, teacher training, classes and workshops for adults and children, films, book club, artist talks, as well as volunteer and entertainment experiences. Arts-based educational programming is an important focus, and every year the Museum provides visual arts programming to audiences of all ages through a diverse range of Museum programming and activities, including outreach educational programs, group tours for K-12 groups, adults, and families, family days, after-school programs, and more. Returning arts programming to the schools, coupled with integrating the arts into the exploration of academic disciplines such as math, social studies, and visual literacy has been shown to improve critical thinking, performance, lifelong learning, and success. Strong and long-standing Museum partners include institutions throughout the region serving pre-kindergarten students through older adults. Museum programs offer access to the visual arts to at-risk, low-income youth from across WNC.

• The Museums Collection and special exhibitions are central to its educational programs and are used daily throughout the year by audiences of all ages from preschoolers to older adults. Without the Museums programs, many of the school districts across WNC would have little or no art classes/curricula due to budget constraints. The Museum takes a leadership role in making its Collection and exhibitions as accessible as possible, both physically and intellectually. These important resources engage urban and rural residents including many retirees, educators, and artists who find original works of art have significance to their daily lives.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $4,177,906

  Expenses

  $3,049,308

  Contributions

  $2,326,006

  Grants paid

  $0

• 2023

  Revenue

  $2,153,498

  Expenses

  $3,233,152

  Contributions

  $1,140,058

  Grants paid

  $0

• 2022

  Revenue

  $1,770,786

  Expenses

  $3,322,273

  Contributions

  $1,457,014

  Grants paid

  $17,417

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $3,167,007

  Expenses

  $2,894,429

  Assets (EOY)

  $30,717,963

• 2020 · 990

  Revenue

  $8,810,292

  Expenses

  $2,611,615

  Assets (EOY)

  $32,695,907

• 2019 · 990

  Revenue

  $6,171,367

  Expenses

  $2,500,339

  Assets (EOY)

  $28,901,662

• 2018 · 990

  Revenue

  $4,547,714

  Expenses

  $1,741,152

  Assets (EOY)

  $25,398,766

• 2017 · 990

  Revenue

  $8,071,355

  Expenses

  $1,731,598

  Assets (EOY)

  $20,585,671

• 2016 · 990

  Revenue

  $3,640,246

  Expenses

  $1,512,910

  Assets (EOY)

  $13,005,194

• 2015 · 990

  Revenue

  $1,684,176

  Expenses

  $1,508,214

  Assets (EOY)

  $10,388,455

• 2014 · 990

  Revenue

  $3,862,505

  Expenses

  $1,458,369

  Assets (EOY)

  $10,241,404

• 2013 · 990

  Revenue

  $1,708,897

  Expenses

  $1,355,497

  Assets (EOY)

  $7,818,547

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,166,675

  Assets (EOY)

  $7,302,851

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $43,150

  2022 · For grant recipient's exempt purposes

• NATIONAL PHILANTHROPIC TR

  $40,250

  2024 · CULTURE & ARTS

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $39,575

  2024 · For grant recipient's exempt purposes

• AMERICAN ENDOWMENT FOUNDATION

  $34,198

  2023 · ARTS, CULTURE

• THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC

  $25,040

  2024 · ADVANCING THE ARTS

• DONOR ADVISED CHARITABLE GIVING

  $19,700

  2023 · ARTS, CULTURE & HUMANITIES

• THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC

  $17,117

  2023 · ADVANCING THE ARTS

• COMMUNITY FOUNDATION OF HENDERSON COUNTY INC

  $16,826

  2024

• THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC

  $16,260

  2022 · ADVANCING THE ARTS

• WALNUT COVE MEMBERS ASSOCIATION INC

  $14,909

  2023 · NATURAL & CULTURAL

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

Other IRS files