EIN 56-1376155

Contemporary Art Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1983
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The Contemporary Art Foundation solicits money and property to promote the educational, cultural, and economic development of Raleigh's art community. The foundation has the Betty Eichenberger Adams Society (BEAS), a women-only membership group that generates, educates, and promotes interest in contemporary art in Raleigh and beyond. The BEAS also maintains a base of support for CAM. The foundation hosts summer artist receptions where artists gather with friends to enjoy food, cocktails, music and explain their art motivation.
Also known as...
Contemporary Art Museum
Total revenues
$552,436
2022
Total expenses
$700,163
2022
Total assets
$3,876,404
2022
Num. employees
0
2022

Program areas at Contemporary Art Foundation

Summer Artist receptions. This was a gathering of artists and friends featuring food, cocktails, and music with artists explaining what motivated them to create the art on display.
The Betty Eichenberger Adams Society (BEAS) is CAM'swomen-only membershipgroup with the mission to generate, educate, and promote interest in contemporary art in Raleigh and beyond. The BEAS seek to establish and maintain a base of support for CAM, becoming pillars of strength for CAM now, and for future generations.

Who funds Contemporary Art Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Robert P Holding FoundationGeneral Support$25,000
United Arts Council of Raleigh and Wake CountyArts Programming$20,000
Schwab Charitable FundArts, Culture & Humanities$7,500
...and 6 more grants received

Personnel at Contemporary Art Foundation

NameTitleCompensation
Lisa McGowanChairman$0
Meredith NelsonSecretary , Community Leader$0
Andy MayChair$0
Andrea HoytVice Chair , Sprouting Souls / Vice Chair / Director$0
Carolina MedvickTreasurer$0
...and 2 more key personnel

Financials for Contemporary Art Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$399,351
Program services$88,130
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$64,955
Total revenues$552,436

Form 990s for Contemporary Art Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-07-19990View PDF
2020-062021-04-01990View PDF
2019-062021-01-27990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like Contemporary Art Foundation

OrganizationLocationRevenue
Heart Gallery of New Mexico FoundationAlbuquerque, NM$244,874
Emily Mason and Alice Trumbull Mason FoundationNew York, NY$383,661
The David Lloyd Kreeger FoundationWashington, DC$824,711
The Ashley Bryan CenterIslesford, ME$280,236
Wilkes Art GalleryNorth Wilkesboro, NC$263,125
Montgomery Museum of Fine Arts AssociationMontgomery, AL$2,207,367
Sun Valley Museum of ArtSun Valley, ID$2,740,405
The Dude Ranchers FoundationCody, WY$152,280
The Museum of Contemporary Art of GeorgiaAtlanta, GA$985,502
Ogunquit Museum of ArtOgunquit, ME$1,458,704
Data update history
November 26, 2024
Received grants
Identified 4 new grant, including a grant for $25,000 from The Robert P Holding Foundation
July 9, 2024
Received grants
Identified 1 new grant, including a grant for $2,000 from North State Foundation
December 24, 2023
Received grants
Identified 10 new grant, including a grant for $100,000 from Fidelity Foundation
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 10, 2023
Received grants
Identified 4 new grant, including a grant for $41,231 from United Arts Council of Raleigh and Wake County
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelReceives government fundingAuction fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
409 W Martin St
Raleigh, NC 27603
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
camraleigh.org/about/ 
Phone
(919) 261-5917
IRS details
EIN
56-1376155
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A51: Art Museums
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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