Nonprofit · EIN 56-6060776
ASHEVILLE ART MUSEUM ASSOCIATION INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,177,906 | $3,049,308 | $1,128,598 | $30,341,075 | $261,799 | $30,079,276 |
| June 30, 2024 | 990 | $2,153,498 | $3,233,152 | -$1,079,654 | $29,582,340 | $252,569 | $29,329,771 |
| June 30, 2023 | 990 | $1,770,786 | $3,322,273 | -$1,551,487 | $29,925,779 | $185,664 | $29,740,115 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,326,006
- of which government grants
- $340,271
- Program service revenue
- $554,995
- Investment income
- $1,165,850
- Net rental income
- $20,776
- Net gain from sales of assets
- $819,620
- Net income from fundraising events
- $4,854
- Net income from sales of inventory
- $75,794
- Other revenue
- $131,055
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $192,438
- Other salaries and wages
- $1,165,128
- Salaries, compensation and benefits (total)
- $1,544,670
- Professional fundraising fees
- $0
- Legal fees
- $4,872
- Accounting fees
- $27,325
- Occupancy
- $247,885
- Travel
- $12,522
- Depreciation
- $548,259
- Program services (functional)
- $2,548,042
- Management and general (functional)
- $373,872
- Fundraising (functional)
- $127,394
Balance sheet and other
- Total assets, start of year
- $29,582,340
- Total assets, end of year
- $30,341,075
- Total liabilities, end of year
- $261,799
- Net assets, end of year
- $30,079,276
- Land, buildings and equipment
- $19,963,751
- Publicly traded securities
- $8,014,881
- Net assets without donor restrictions
- $21,515,740
- Net assets with donor restrictions
- $8,563,536
- Gross receipts
- $8,079,481
- Employees
- 54
- Volunteers
- 86
- Year formed
- 1948
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Pamela Myers | Executive Director Trustee or director, Officer | 40 | $177,657 | $15,034 |
| Paul Lentz Saenger | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Paula Dawkins | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Karen Praytor | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Julia Peterson | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Herbert Butch Patrick | Immediate Past Chair Trustee or director, Officer | 2 | $0 | $0 |
| Robert Benites | Trustee Trustee or director | 1 | $0 | $0 |
| Tami Bebber | Trustee Trustee or director | 1 | $0 | $0 |
| Nicholas Butts | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Cavanaugh | Trustee Trustee or director | 1 | $0 | $0 |
| Rose Chambers | Trustee Trustee or director | 1 | $0 | $0 |
| Carolyn Coward | Trustee Trustee or director | 1 | $0 | $0 |
| Betsy Cunagin | Trustee Trustee or director | 1 | $0 | $0 |
| Rufus Dollar | Trustee Trustee or director | 1 | $0 | $0 |
| Tyler Emerson-Dorsch | Trustee Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joey Gigliotti | Trustee Trustee or director | 1 | $0 |
| Lei Han | Trustee Trustee or director | 1 | $0 |
| April Liou | Trustee Trustee or director | 1 | $0 |
| Brenda Mills | Trustee Trustee or director | 1 | $0 |
| George Stowe | Trustee Trustee or director | 1 | $0 |
| Gary Zahler | Trustee Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Pamela Myers | Executive Director Trustee or director, Officer | 40 | $167,866 | $11,073 |
| Paul Lentz Saenger | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Paula Dawkins | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Karen Praytor | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Julia Peterson | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Herbert Butch Patrick | Immediate Past Chair Trustee or director, Officer | 2 | $0 | $0 |
| Robert Benites | Trustee Trustee or director | 1 | $0 | $0 |
| Tami Bebber | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Cavanaugh | Trustee Trustee or director | 1 | $0 | $0 |
| Rose Chambers | Trustee Trustee or director | 1 | $0 | $0 |
| Carolyn Coward | Trustee Trustee or director | 1 | $0 | $0 |
| Betsy Cunagin | Trustee Trustee or director | 1 | $0 | $0 |
| Rufus Dollar | Trustee Trustee or director | 1 | $0 | $0 |
| Tyler Emerson-Dorsch | Trustee Trustee or director | 1 | $0 | $0 |
| Joey Gigliotti | Trustee Trustee or director | 1 | $0 | $0 |
| Lei Han | Trustee Trustee or director | 1 | $0 | $0 |
| George Stowe | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Pamela Myers | Executive Director Trustee or director, Officer | 40 | $157,950 | $14,212 |
| Paul Lentz Saenger | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Kevin Click | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Karen Praytor | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Julia Peterson | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Herbert Butch Patrick | Immediate Past Chair Trustee or director, Officer | 1 | $0 | $0 |
| Robert Benites | Trustee Trustee or director | 1 | $0 | $0 |
| Courtney Blossman | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Cavanaugh | Trustee Trustee or director | 1 | $0 | $0 |
| Carolyn Coward | Trustee Trustee or director | 1 | $0 | $0 |
| Tami Bebber | Trustee Trustee or director | 1 | $0 | $0 |
| Betsy Cunagin | Trustee Trustee or director | 1 | $0 | $0 |
| Paula Dawkins | Trustee Trustee or director | 1 | $0 | $0 |
| Lei Han | Trustee Trustee or director | 1 | $0 | $0 |
| Joey Gigliotti | Trustee Trustee or director | 1 | $0 | $0 |
| Gary Zahler | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 S PACK SQ, ASHEVILLE, NC 28801-3521
- Principal officer (990 for 2024)
- Karen Praytor, PO Box 1717, Asheville, NC 28802
- Signed the 990
- Karen Praytor, Treasurer
- Phone
- (828) 253-3227
- Website
- www.ashevilleart.org
- Return prepared by
- CORLISS & SOLOMON PLLC
Mission
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.
Program accomplishments
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-6060776
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A510)
- Assets (IRS master file)
- $30,341,075
- Income (IRS master file)
- $8,079,481
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,177,906 | $3,049,308 | $30,341,075 | IRS |
| 990 | June 2024 | $2,153,498 | $3,233,152 | $29,582,340 | XML |
| 990 | June 2023 | $1,770,786 | $3,322,273 | $29,925,779 | XML |
| 990 | June 2022 | $3,167,007 | $2,894,429 | $30,717,963 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-6060776).
Questions about ASHEVILLE ART MUSEUM ASSOCIATION INC
- What is the EIN of ASHEVILLE ART MUSEUM ASSOCIATION INC?
- The employer identification number (EIN) of ASHEVILLE ART MUSEUM ASSOCIATION INC is 56-6060776.
- Is ASHEVILLE ART MUSEUM ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to ASHEVILLE ART MUSEUM ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASHEVILLE ART MUSEUM ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASHEVILLE ART MUSEUM ASSOCIATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASHEVILLE ART MUSEUM ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASHEVILLE ART MUSEUM ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 names Karen Praytor.
- Who are the officers and directors of ASHEVILLE ART MUSEUM ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 1 received compensation from the organization, the highest $177,657 (Pamela Myers, Executive Director).
- How much revenue does ASHEVILLE ART MUSEUM ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,177,906, expenses of $3,049,308 and total assets of $30,341,075 at year end.
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