EIN 23-7071511

North Carolina Museum of Art Foundation (NCMA)

IRS 501(c) type
501(c)(3)
Num. employees
45
Year formed
1969
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The North Carolina Museum of Art (NCMA) is an art museum in Raleigh, North Carolina which opened in 1956 as the first major museum collection in the country to be formed by State legislation and funding.
Also known as...
North Carolina Museum of Art
Total revenues
$17,411,400
2022
Total expenses
$13,035,904
2022
Total assets
$74,020,662
2022
Num. employees
45
2022

Program areas at NCMA

The Museum of Art is partially supported by state appropriations that largely fund state staff positions and their related benefits, and a portion of the operating costs of running the Museum. The Foundation provides the majority of financial support needed for education and curatorial programming of the Museum including support for statewide and museum-based education programming, special traveling Art exhibitions, supplemental Art conservation funds, and public programming. The Foundation also cultivates donors for commissioned works of Art and contributions for Art acquisitions. All Art purchased or commissioned is gifted by the Foundation to the Museum. A large majority of the artwork held in the Museum's Art collection has been gifted by the Foundation.
The North Carolina Museum of Art Foundation provides day to day management of the Museum's on site full service restaurant, concession food services, and retail store. In addition, the Foundation also plans and manages a portfolio of special events inclusive of corporate rentals, conferences weddings, donor cultivation events, and membership programming.
The Foundation manages approximately 33 acres of real estate adjacent to the Museum park, which encompasses landscaping and parking.

Who funds North Carolina Museum of Art Foundation (NCMA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke Energy FoundationVibrant Economies$125,000
Duke Energy FoundationVibrant Economies$125,000
The Hartfield Foundation 0739-80-42Art and the Environment in$100,000
...and 36 more grants received totalling $778,969

Personnel at NCMA

NameTitleCompensation
Valerie HillingsChief Executive Officer$178,296
Jerry HwangChief Operating Officer / Board Member$164,123
Marie D'AlessandroChief Financial Officer$108,636
Johnny BurlesonDirector of Development / Board Member$171,729
Daniel GottliebDirector of Planning and Design / Director - Planning and Design$113,478
...and 14 more key personnel

Financials for NCMA

RevenuesFYE 06/2022
Total grants, contributions, etc.$10,370,676
Program services$1,406,558
Investment income and dividends$4,356,578
Tax-exempt bond proceeds$0
Royalty revenue$8,739
Net rental income$0
Net gain from sale of non-inventory assets$579,957
Net income from fundraising events$184
Net income from gaming activities$212,046
Net income from sales of inventory$402,518
Miscellaneous revenues$74,144
Total revenues$17,411,400

Form 990s for NCMA

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-26990View PDF
2020-062021-05-26990View PDF
2019-062020-10-15990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
...and 8 more Form 990s
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 8 new personnel
May 15, 2023
Updated personnel
Identified 13 new personnel
May 10, 2023
Used new vendors
Identified 2 new vendors, including , and
May 10, 2023
Received grants
Identified 3 new grant, including a grant for $26,830 from Triangle Community Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
MembershipsPolitical advocacyLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
4630 Mail Service Ctr
Raleigh, NC 27699
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
ncartmuseum.org/ 
Phone
(919) 839-6262
Facebook page
ncartmuseum 
Twitter profile
@ncartmuseum 
IRS details
EIN
23-7071511
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A51: Art Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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