Public Charity

Asheville Art Museum Association Inc

Asheville Art Museum Association Inc is a Public Charity headquartered in Asheville, NC. Financial data from the 2025 filing: $4.2M revenue, $3.0M expenses, $30.3M total assets. 52 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 566060776 Asheville, NC Art Museums NTEE: A51 Latest filing: 2025
Total Revenue$4.2M
Total Expenses$3.0M
Total Assets$30.3M
Grant Records52
Funding Total$1.3M
Filing Years2021–2025

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.

Where $100 goes at Asheville Art Museum Association Inc

How Asheville Art Museum Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$14 Management running the organization
$6 Fundraising raising the next dollar

Inside the $80 for programs

$27
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…
34% of program spending
$27
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…
About 33% (cost not reported) · Reported in the filing: 59,667 participants; 9,738 children; 236 programs
$26
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…
About 33% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee April Liou
Trustee Betsy Cunagin
Trustee Brenda Mills
Trustee Carolyn Coward
Trustee Chris Cavanaugh
Trustee Gary Zahler

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$607,556 17 grants
Arts & Culture
$560,464 27 grants
Education
$19,520 1 grant
Animal Welfare
$10,400 1 grant
Unspecified
$54,508 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.2M $3.0M $30.3M
2024 $2.2M $3.2M $29.6M
2023 $1.8M $3.3M $29.9M
2022 $3.2M $2.9M $30.7M
2021 $8.8M $2.6M $32.7M

Between 2021 and 2025, reported annual revenue declined from $8.8M to $4.2M (-53%), with total assets most recently reported at $30.3M.

Interactive year-over-year charts and full filing details available with membership.

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