Asheville Art Museum Association Inc
Asheville, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,770,786↓44% | $3,322,273↑15% | $29,925,779↓3% | — |
| 2022 | $3,167,007↓64% | $2,894,429↑11% | $30,717,963↓6% | — |
| 2021 | $8,810,292↑43% | $2,611,615↑4% | $32,695,907↑13% | — |
| 2020 | $6,171,367↑36% | $2,500,339↑44% | $28,901,662↑14% | — |
| 2019 | $4,547,714↓44% | $1,741,152↑1% | $25,398,766↑23% | — |
| 2018 | $8,071,355↑122% | $1,731,598↑14% | $20,585,671↑58% | — |
| 2017 | $3,640,246↑116% | $1,512,910 | $13,005,194↑25% | — |
| 2016 | $1,684,176↓56% | $1,508,214↑3% | $10,388,455↑1% | — |
| 2015 | $3,862,505↑126% | $1,458,369↑8% | $10,241,404↑31% | — |
| 2014 | $1,708,897↓7% | $1,355,497↑16% | $7,818,547↑7% | — |
| 2013 | $1,847,285↓7% | $1,166,675↑20% | $7,302,851↑11% | — |
| 2012 | $1,993,117↑79% | $972,266↑2% | $6,586,405↑19% | — |
| 2011 | $1,114,967 | $948,663 | $5,556,012 | — |
Frequently Asked Questions
What does Asheville Art Museum Association Inc do?▼
Asheville Art Museum Association Inc is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Asheville Art Museum Association Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Asheville Art Museum Association Inc has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Asheville Art Museum Association Inc generate?▼
Asheville Art Museum Association Inc reports $2.2M in annual revenue and holds $29.6M in total assets, based on IRS filings.
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