2025-07-09T08:41:22-07:00 2024-06-30 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2023-07-01 566060776 Asheville Art Museum Association Inc ASHE 8282533227 PO Box 1717 Asheville NC 288021717 Karen Praytor Treasurer 8282533227 2025-07-07 true true Todd Oldenburg P02281691 8282360206 2025-07-09 2023 2025-03-06 01:10:19Z Karen Praytor PO Box 1717 Asheville NC 28802 2623048 false X www.ashevilleart.org X 1948 NC The mission of the Asheville Art Museum Association, Inc. is to engage, enlighten and inspire individuals and enrich the community through dynamic experiences in American Art of the 20th and 21st centuries. 17 16 54 87 0 0 1457014 1140058 866309 761473 -668693 201845 116156 50122 1770786 2153498 17417 0 0 1420327 1580297 0 183553 1884529 1652855 3322273 3233152 -1551487 -1079654 29925779 29582340 185664 252569 29740115 29329771 The Asheville Art Museum Association, Inc. (the Museum) mission is to engage, enlighten and inspire individuals and enrich the community through dynamic experiences in American Art of the 20th and 21st centuries. false false 2563951 0 761473 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. In FY23/24, the Museum served 64,060 participants including 7,971 children through educational programs and presented 16 onsite and 6 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. 2563951 true true false false false false false true false true true false false true false true true false false false false false false false true false false false false true false false false false false false false false true true false false false false false false false true 35 0 54 true false false false false false true true false false false false false false X 17 16 false false false false false false false true true false false true true true true true true true false false NC X X X Alice Harris 8282533227 2 South Pack Square Asheville NC 28801 Pamela Myers Executive Director 40.00 X X 167866 0 11073 Paul Lentz Saenger Chair 2.00 X X 0 0 0 Paula Dawkins Vice Chair 2.00 X X 0 0 0 Karen Praytor Treasurer 3.00 X X 0 0 0 Julia Peterson Secretary 2.00 X X 0 0 0 Herbert Butch Patrick Immediate Past Chair 2.00 X X 0 0 0 Robert Benites Trustee 1.00 X 0 0 0 Tami Bebber Trustee 1.00 X 0 0 0 Chris Cavanaugh Trustee 1.00 X 0 0 0 Rose Chambers Trustee 1.00 X 0 0 0 Carolyn Coward Trustee 1.00 X 0 0 0 Betsy Cunagin Trustee 1.00 X 0 0 0 Rufus Dollar Trustee 1.00 X 0 0 0 Tyler Emerson-Dorsch Trustee 1.00 X 0 0 0 Joey Gigliotti Trustee 1.00 X 0 0 0 Lei Han Trustee 1.00 X 0 0 0 George Stowe Trustee 1.00 X 0 0 0 167866 0 11073 1 false true false 99468 172479 868111 89706 1140058 Membership Dues 712110 137141 0 0 Admissions 712110 569803 0 0 Educational 712110 54529 0 0 761473 183834 0 183834 23292 3156 20136 20136 20136 205046 187035 18011 18011 0 0 18011 87900 99468 158730 -70830 0 -70830 1100 1100 1100 219530 120629 98901 98901 Other Income 900099 815 0 0 815 815 2153498 761473 0 251967 192190 76876 115314 0 1188343 928648 124121 135574 10230 3354 3945 2931 85367 65875 8514 10978 104167 77284 17250 9633 23680 0 23680 0 16726 0 16726 0 144199 60943 83256 0 27819 27819 0 0 87356 69401 4695 13260 51483 32966 12388 6129 319212 311859 4715 2638 13903 9688 3524 691 553121 503340 49781 0 23092 15165 7927 0 Art Acquisitions 200852 200852 0 0 Programs and Exhibitions 138532 138532 0 0 Materials and Supplies 26702 26295 407 0 In Kind Contributions Utilized 1079 1079 0 0 25099 13975 9405 1719 3233152 2563951 485648 183553 124688 131236 1121137 841669 334346 114133 71987 101907 78204 75562 23143621 2631611 20994376 20512010 7147234 7782528 53807 23295 29925779 29582340 118426 177438 67238 75131 185664 252569 X 22006822 20922876 7733293 8406895 29740115 29329771 29925779 29582340 -1079654 669310 X false true X true false X 0 5505214 8008060 1345630 1457014 1140058 17455976 0 525200 525200 525200 525200 525200 2626000 6030414 8533260 1870830 1982214 1665258 20081976 6497384 13584592 69795 61129 261478 199536 207126 799064 0 28736 1516 29558 4155 815 64780 20945820 4943548 0.64860 0.62800 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: Other income 2019: 28736. 2020: 1516. 2021: 29558. 2022: 4155. 2023: 815. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 6375383 358955 835938 275554 16726 7277996 5798162 28473 570419 21671 6375383 6919401 1000 -1086702 0 4550 30987 5798162 101563 6679770 142711 0 1930 2713 6919401 106904 0 -354 0 4230 757 101563 0.00000 0.01140 0.98860 true false 0 0 21837065 2286969 19550096 1287828 335903 951925 18728 8739 9989 20512010 Other Assets 7438 Exhibit Rental Deposit 15857 23295 X 3431817 669310 525200 100535 1295045 2136772 16726 16726 2153498 3842161 525200 100535 625735 3216426 16726 16726 3233152 Pt III, Line 4 Collections and Relation to Exempt Purpose: The Museum has established its expertise in the collection, preservation, and interpretation of American art beginning in the 20th century and in all aspects of public programming, making innovative and outstanding exhibition experiences available to residents of and visitors to Western North Carolina. The Museum preserves important aspects of our national and regional heritage through strategic collecting and the conscientious stewardship of great works of art. Pt V, Line 4 In 2004, the Museum began a capital campaign for a major construction, renovation and historic preservation project to create new facilities and secure significant endowment reserves for the long-term sustainability of the facilities and organization. The Museum completed construction in November 2019, and secured all remaining funding in FY2021 to complete the construction portion of the Capital Campaign. The Museum continues to raise funds for Endowment purposes. Pt X, Line 2 The Museum is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities in the 2023-24 fiscal year and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). The organization believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Pt III, Line 4 The Collection, which was acquired through purchases and contributions, is not recognized as an asset on the Statement of Financial Position. Purchases of Collection items are recorded as expenses in the year in which the items are acquired. Contributed Collection items are not reflected on the financial statements. Pt XI, Line 2d Fundraising Expenses and Rent Expenses Pt XII, Line 2d Fundraising Expenses and Rent Expenses Gala 11561 1971 9590 2264 3384 1290 4098 Dance Party 156155 88105 68050 12179 16606 65102 0 10260 10260 53807 177976 90076 87900 14443 19990 1290 123007 158730 -70830 false false false false false false false false false Pamela Myers 167866 0 0 0 0 0 6800 0 4273 0 178939 0 0 0 X 3 28355 Stock Market Value X Goods and Auction Items 39 61351 Fair Market Value false true false Pt I Line 33 A zero amount was reported on Schedule M, Part I, Line 1 column C because the Museum does not capitalize its collections, as allowed under FASB ASC 958-360-25-3 (formerly SFAS 116). Pt VI, Line 11b The 990 is prepared by independent accountants, reviewed by management, and presented to the Board for review. Pt VI, Line 12c Conflict of interest statements are required to be signed by each Trustee annually. The statements affirm that the policy has been read & either that no conflict of interest exists or discloses any such conflict. Pt VI, Line 15a In the annual budgeting process, individual salaries and salary increases for employees are proposed by the Executive Director after performance reviews and a check of comparable salary information for equivalent positions at museums with similar budgets. Any proposed salary increases are then approved by the Executive Committee. The Executive Directors salary is determined by the Executive Committee after a performance review and a check of comparable salary information at museums with similar budgets. The Board of Trustees then approves a budget including aggregate salary expenses. Pt VI, Line 18 Forms 1023 and the public inspection copy of the Form 990 are available upon request and online. Pt VI, Line 19 All requests for Governing documents, conflict of interest policy and audited financial statements will be considered. Other Schedule D, Part V, Endowment Funds has been revised to correspond more directly to the organizations audit.