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North Carolina · Nonprofit

Asheville Art Museum Association Inc

Asheville Art Museum Association Inc (North Carolina) receives grants from 56 organizations whose IRS filings report $3,896,287 to it, the largest being SCOTT B & ANNIE P APPLEBY CHARITABLE TRUST CO/O THE NORTHERN TRUST COMPANY ($510,000). 31 of them have funded it in more than one year.

Revenue FY2025
$4.2M
Funders on record
56
Grants received
$3.9M
Net assets
$30M
31/56 repeat funderspeak grant-dependency 18%
01What it does

What Asheville Art Museum Association Inc does

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.

As stated on its FY2025 Form 990.

Programs

  1. 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.

    $2,548,042 spentof which $16,338 as grants$554,995 earned by the program
    100% of program spending
  2. 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…

  3. 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.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,548,042.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.6M) Expenses 100 ($1.5M) Net assets 100 ($12M)2018 Revenue 222 ($8.1M) Expenses 114 ($1.7M) Net assets 151 ($19M)2019 Revenue 125 ($4.5M) Expenses 115 ($1.7M) Net assets 173 ($22M)2020 Revenue 170 ($6.2M) Expenses 165 ($2.5M) Net assets 203 ($25M)2021 Revenue 242 ($8.8M) Expenses 173 ($2.6M) Net assets 252 ($32M)2022 Revenue 87 ($3.2M) Expenses 191 ($2.9M) Net assets 240 ($30M)2023 Revenue 49 ($1.8M) Expenses 220 ($3.3M) Net assets 238 ($30M)2024 Revenue 59 ($2.2M) Expenses 214 ($3.2M) Net assets 235 ($29M)2025 Revenue 115 ($4.2M) Expenses 202 ($3.0M) Net assets 241 ($30M)
'17'18'19'20'21'22'23'24'25
Revenue (115)Expenses (202)Net assets (241)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $13M to $21M (+58%).

$13M
$21M
$25M
$29M
$33M
$31M
$30M
$30M
$30M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 9% · 2018 40% · 2019 27% · 2020 22% · 2021 3% · 2022 9% · 2023 25% · 2024 8% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.

56% of Asheville Art Museum Association Inc’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$2.1M
’17
$6.3M
’18
$2.8M
’19
$3.7M
’20
$6.2M
’21
$273k
’22
−$1.6M
’23
−$1.1M
’24
$1.1M
’25
8.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Pamela Myers

Executive Director

Board chair

Paul Lentz Saenger

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed232524222315161721
Joined·+3+0+2+5+1+5+4+4
No longer listed·11449430
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 18 funders, grant income rose $49k → $311k.

12 of 56 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Asheville Art Museum Association Inc’s funders (the co-funder graph). Top 30 of 56 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Asheville Art Museum Association Inc has a broad base — no single funder exceeds 13% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Asheville Art Museum Association Inc.

13%
largest funder
30%
top three
~18
effective funders

Largest funder’s share by year: 2017 32% · 2018 43% · 2019 53% · 2020 16% · 2021 28% · 2022 28% · 2023 32% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of Asheville Art Museum Association Inc's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Asheville Art Museum Association Inc draws 84% of its grant income from funders outside North Carolina, across 16 states in all.

AK
ME
IL
MI
NY
NV
OH
PA
VA
MD
AR
NC
SC
MS
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Asheville Art Museum Association Inc runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin27% · top quartile
Months of reserve8.3mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding Asheville Art Museum Association Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.7M on record.

Federal$1.7M
grants $1.7Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Institute of Museum and Library Services$1.2M
  • National Endowment for the Humanities$293k
  • National Endowment for the Arts$247k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Asheville Art Museum Association Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 12%Fundraising 4%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

58%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Asheville Art Museum Association Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Asheville Art Museum Association Inc?
Asheville Art Museum Association Inc (North Carolina) receives grants from 56 organizations whose IRS filings report $3,896,287 to it, the largest being SCOTT B & ANNIE P APPLEBY CHARITABLE TRUST CO/O THE NORTHERN TRUST COMPANY ($510,000). 31 of them have funded it in more than one year.
How many funders does Asheville Art Museum Association Inc have?
IRS filings report 56 organizations giving $3,896,287 in grants to Asheville Art Museum Association Inc, 31 of which have funded it in more than one year.
Who is the largest funder of Asheville Art Museum Association Inc?
SCOTT B & ANNIE P APPLEBY CHARITABLE TRUST CO/O THE NORTHERN TRUST COMPANY is the largest funder on record, with $510,000 in grants. The full list of funders is on this page.
How can an organization like Asheville Art Museum Association Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Asheville Art Museum Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 56 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing