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Contemporary Art Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561376155 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Contemporary Art Foundation Inc?

Contemporary Art Foundation Inc, situated in Raleigh, North Carolina, is a nonprofit organization with a mission to foster the educational, cultural, and economic growth of its local art community. They achieve this by raising funds and resources for this purpose. One of their notable activities includes hosting annual Summer Artist receptions, where art enthusiasts can enjoy food, drinks, music, and direct interactions with artists, gaining insights into their creative inspirations.


Is Contemporary Art Foundation Inc legitimate?

Contemporary Art Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Contemporary Art Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,634

For more financial information, click here


What is the mission statement of Contemporary Art Foundation Inc?
Who is the CEO of Contemporary Art Foundation Inc?
What is the revenue of Contemporary Art Foundation Inc?
Who are the executives of Contemporary Art Foundation Inc and what are their salaries?

Here are 26 key members and their salaries:

    Lisa Mcgowan (Ec At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Beaujeu-Dufour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Capps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Coggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leah Goodnight Tyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Duffley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Hammersla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Leblanc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Mcduffie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Van Nolintha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Regner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Reiter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesma Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Scneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy Sloan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Thomas Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Yarborough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Smedes York (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Bayzle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy May (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Hoyt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meredith Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolina Medvick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Where can I find the form 990 for Contemporary Art Foundation Inc?

    Mission Statement of Contemporary Art Foundation Inc

    The Contemporary Art Foundation Inc is committed to raising funds and resources to foster the educational, cultural, and economic growth within Raleigh's art community. Their mission is geared towards promoting artistic development in the region, utilizing financial contributions and properties for this purpose. The organization's activities extend beyond mere fundraising, as evident in their Summer Artist receptions. These events bring together artists and their supporters, offering an engaging atmosphere filled with food, drinks, and music. During these gatherings, artists share the inspiration behind their art, providing a unique insight into their creative process. Through these initiatives, the Contemporary Art Foundation Inc plays a significant role in supporting and empowering the local art community.

    Impact

    This information is meant to be a general summary of Contemporary Art Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Contemporary Art Foundation Inc's impact lies in promoting the educational, cultural, and economic development of Raleigh's Art Community through various initiatives. Their summer artist receptions provide a platform for artists to showcase their work, engage with the community, and discuss the inspirations behind their art. By creating these spaces for artistic expression and dialogue, Contemporary Art Foundation Inc fosters a vibrant and thriving arts scene in Raleigh, NC. Their efforts contribute to enhancing the visibility and appreciation of diverse artistic voices, ultimately enriching the cultural fabric of the city.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $88,130
  • Gross Receipts: $552,436

    • Assets and Liabilities:
  • Total Assets: $3,876,404
  • Total Liabilities: $1,089,206
  • Net Assets: $2,787,198
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Artwork Rental

    Revenue

    $52,486

    Exhibition Fees

    Revenue

    $35,644

    Organization Details

    Founding Year

    1983

    Principal Officer

    Lisa Mcgowan

    Main Address

    409 W Martin St, Raleigh, NC, 276031819

    NTEE Category

    Code: A510 - Arts

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