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    Asheville Art Museum Association Inc.

    Asheville Art Museum Association Inc.

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    www.ashevilleart.org

    PO BOX 1717
    Asheville NC 28802-1717

    828-253-3227


    Asheville NC | IRS ruling year: 1976 | EIN: 56-6060776  

     

    Organization Mission

    The mission of the Asheville Art Museum Association, Inc. is to engage, enlighten and inspire individuals and enrich the community through dynamic experiences in Ame ... (More)

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 100%, earning it a Four-Star rating.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Historical Ratings  
    alert icon Review Before Proceeding - Reported Matter of Concern

    On November 16, 2022, The Biltmore Beacon reported on the operations of Asheville Art Museum Association Inc. in an article titled, "Not a pretty picture at the Asheville Art Museum." For more information, please see The Biltmore Beacon article.

    • On November 17, 2022, The Asheville Watchdog published an article titled "Trustee Who Criticized Director Is Ousted from Art Museum Board." For more information, please see The Asheville Watchdog article
    • On December 15, 2022, The Biltmore Beacon published an article titled "Ex-staffers, Artists Call for Museum Director’s Ouster, Citing ‘Culture of Fear and Toxic Leadership’." For more information, please see The Biltmore Beacon article

    For more information about our alerts methodology, see here.

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    100

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 93% independent members8 out of 8 points  
    Independent Board Size - 14 independent members7 out of 7 points  
    Financial Statements - Audit and Oversight Committee15 out of 15 points  
    Material Diversion of Assets - None10 out of 10 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed2 out of 2 points  
    Conflict of Interest Policy - Listed4 out of 4 points  
    Whistleblower Policy - Listed4 out of 4 points  
    Document Retention and Destruction - Listed4 out of 4 points  
    Documents Board Meeting Minutes - Yes2 out of 2 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed4 out of 4 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 2.24%15 out of 15 points  
    Program Expense: Ratio - 79.81%25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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