North Carolina Museum of Art Foundation Inc.
North Carolina Museum of Art Foundation Inc.
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About this organization
Mission
To foster and promote the growth, progress and general welfare of the NC museum of art.
About
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 North Carolina Museum of Art Foundation, Inc. provides the majority of financial support needed for education and curatorial programming of the museum of art including support for statewide and museum-based education programming, special traveling art exhibitions, supplemental art conservation funds, and public programming.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “The north carolina museum of art foundation inc.'s primary mission is to foster and promote the growth, progress, and general welfare of the north carolina museum of art. the foundation is primarily responsible for fundraising on behalf of the museum and a significant part of the funding required to operate and program the combined (state and foundation) entity. in addition to being the primary fundraising arm of the museum, the foundation also manages a significant membership base for the museum, underwrites all public programming including exhibitions and a performing arts & film series, operates both a retail shop and a food service operation (including special events catering and restaurants), and services and maintains all of the museum's information technology systems for the benefit of the museum's members and visitors.”.
When outlining its functions, they were explained as: “To foster and promote the growth, progress and general welfare of the nc museum of art.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as NC.
- The filing records the non-profit's address for 2020 as 2100 BLUE RIDGE ROAD, RALEIGH, NC, 27607.
- As of 2020, the non-profit's form reports a total of 199 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $109,302.
- The organization has 20 independent voting members.
- The organization was formed in 1969.
- The organization pays $4,757,351 in salary, compensation, and benefits to its employees.
- The organization pays $1,734,103 in fundraising expenses.