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
Personnel at NCMA
Name | Title | Compensation | Date of data |
---|
Valerie Hillings | Chief Executive Officer | $178,296 | 2023-04-26 |
Jerry Hwang | Chief Operating Officer / Board Member | $164,123 | 2021-06-30 |
Marie D'Alessandro | Chief Financial Officer | $108,636 | 2022-06-30 |
Johnny Burleson | Director of Development / Board Member | $171,729 | 2022-06-30 |
Daniel Gottlieb | Director of Planning and Design / Director - Planning and Design | $113,478 | 2022-06-30 |
...and 14 more key personnel |
Financials for NCMA
Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
---|
Total grants, contributions, etc. | $10,370,676 | $9,842,202 | 5.4% |
Program services | $1,406,558 | $1,399,215 | 0.5% |
Investment income and dividends | $4,356,578 | $1,281,624 | 239.9% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $8,739 | $5,015 | 74.3% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $579,957 | $853,338 | -32% |
Net income from fundraising events | $184 | $0 | 999% |
Net income from gaming activities | $212,046 | $289,749 | -26.8% |
Net income from sales of inventory | $402,518 | $132,299 | 204.2% |
Miscellaneous revenues | $74,144 | $25,395 | 192% |
Total revenues | $17,411,400 | $13,828,837 | 25.9% |
Organizations like NCMA
Organization | Type | Location | Revenue |
---|
Minneapolis Institute of Art | 501(c)(3) | Minneapolis, MN | $54,407,955 |
Seattle Art Museum | 501(c)(3) | Seattle, WA | $67,181,210 |
Columbus Museum of Art (CMA) | 501(c)(3) | Columbus, OH | $19,366,982 |
Cleveland Museum of Art (CMA) | 501(c)(3) | Cleveland, OH | $74,298,172 |
San Diego Museum of Art | 501(c)(3) | San Diego, CA | $13,995,818 |
Norton Museum of Art | 501(c)(3) | West Palm Beach, FL | $26,618,274 |
Wadsworth Atheneum Museum of Art | 501(c)(3) | Hartford, CT | $6,568,708 |
Salvador Dali Museum | 501(c)(3) | St Petersburg, FL | $16,504,517 |
Institute of Contemporary Art (ICA) | 501(c)(3) | Boston, MA | $23,728,812 |
Perez Art Museum Miami (PAMM) | 501(c)(3) | Miami, FL | $20,155,933 |
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
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/Â
- Phone
- (919) 839-6262
- Facebook page
- ncartmuseumÂ
- Twitter profile
- @ncartmuseumÂ
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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