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The Bascom Corporation

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

EIN: 562093546 ✦ Highlands, NC ✦ Designated as a 501(c)(3)

Overview

What is The Bascom Corporation?

The Bascom Corporation, located at 323 Franklin Road, Highlands, NC 28741, is a nonprofit organization dedicated to fostering human capacity and resilience in their local community and enriching the creative economy of Western North Carolina. They achieve this by presenting nine to twelve free art exhibitions yearly and offering fee-based art classes and studio experiences. The organization supports artists by providing professional opportunities such as residencies, exhibitions, teaching, curatorships, and retail sales. To engage with youth, The Bascom collaborates with local nonprofits and schools to offer art-integrated STEM and literacy education, as well as hosting on-site classes and summer camps. They also offer in-service professional development for teachers in the field of art education. In essence, The Bascom Corporation inspires and empowers individuals and communities through visual art experiences that stimulate seeing, thinking, and doing.


Official website here: www.thebascom.org

Is The Bascom Corporation legitimate?

The Bascom Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bascom Corporation 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: $116,233
Professional Fundraising Fees: $81,597
Other Salaries and Wages: $459,078

For more financial information, click here


Official website here: www.thebascom.org

What is the mission statement of The Bascom Corporation?

The Bascom Corporation's mission is centered around fostering visual art experiences that inspire and empower individuals and communities. By engaging the artistic imagination, they aim to enhance human capacity and resilience. Their activities extend beyond exhibitions, offering fee-based art classes and studio experiences, as well as providing opportunities for artists through residencies, exhibitions, and retail sales. The organization also prioritizes youth development, collaborating with local nonprofits and schools for art-infused STEM and literacy education, and offering summer camps and in-service professional development for teachers.


Official website here: www.thebascom.org

Who is the CEO of The Bascom Corporation?

Karin Peterson is the Executive Director of The Bascom Corporation.


Official website here: www.thebascom.org

What is the revenue of The Bascom Corporation?

The Bascom Corporation's revenue in 2022 was $2,550,789.


Official website here: www.thebascom.org

Who are the executives of The Bascom Corporation and what are their salaries?

The average compensation at The Bascom Corporation during 2022 was $44,255. There are 13 employees and 40 volunteers at The Bascom Corporation.

Here are 22 key members and their salaries:

    Karin Peterson (Executive Director)
  • Compensation: $115,000
  • Related: $0
  • Other: $1,230

    • Ann Wrobleski (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Jump (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Denny (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jo Hill (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Tarver (Asst Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Adams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Dyleski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruthie Edwards (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Gross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Hohlstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Jamison (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Mahaffey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Myron Mall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Misner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Rieder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beverly Seinsheimer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Marie Sharpe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Thompson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ansley Tolleson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia Weber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilary Wilkes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thebascom.org

    Where can I find the form 990 for The Bascom Corporation?

    The The Bascom Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thebascom.org

    Learn more at the official website: www.thebascom.org

    Mission Statement of The Bascom Corporation

    The Bascom Corporation, a nonprofit organization, is dedicated to fostering visual art experiences that inspire and empower individuals and communities. They achieve this mission by engaging the artistic imagination, thereby enhancing human capacity and resilience in their region. By offering a variety of exhibitions annually, free of charge, and fee-based art classes and studio experiences, The Bascom Corporation serves a wide audience, including the general public, visitors, and local artists.

    In addition to its exhibition and studio programs, The Bascom Corporation supports artists by providing opportunities for residencies, exhibitions, teaching, curatorships, and retail sales. This commitment to artists not only bolsters their careers but also infuses the creative economy of Western North Carolina with a wealth of possibilities. The nonprofit also recognizes the importance of nurturing the artistic talents of the younger generation. To this end, they collaborate with local schools and nonprofits to offer art-infused STEM and literacy education. They also conduct on-site classes and arts-based summer camps, ensuring that youth in their community have ample opportunities to explore their creative potential.

    Moreover, The Bascom Corporation offers in-service professional development opportunities for school teachers, thereby integrating art into the wider education system. This holistic approach to art education and artistic development is central to The Bascom Corporation's mission of inspiring and empowering individuals and communities through visual art experiences. By creating these opportunities, The Bascom Corporation ultimately aims to foster a more vibrant and creative society, where the power of art can uplift and transform lives.

    Impact

    This information is meant to be a general summary of The Bascom Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Bascom Corporation's impact is significant as it creates visual art experiences that inspire and empower individuals and communities through seeing, thinking, and doing. By engaging the artistic imagination, The Bascom builds human capacity and resilience in the people of Western North Carolina. They infuse the creative economy of the region with opportunities for community members, visitors, and artists alike. The Bascom serves the public by offering 9-12 exhibitions annually free of charge, as well as fee-based art classes and studio experiences throughout the year. They support artists by providing professional opportunities such as residencies, exhibitions, teaching, curatorships, and retail sales. Additionally, The Bascom serves youth in the community through partnerships with local nonprofits and schools to offer art-infused STEM and literacy education, on-site classes, and arts-based summer camps. They also provide in-service professional development opportunities for school teachers. Overall, The Bascom Corporation plays a vital role in fostering creativity, education, and community engagement in Western North Carolina.





    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: $-100,997
  • Program Service Revenue: $183,346
  • Gross Receipts: $4,209,292

    • Assets and Liabilities:
  • Total Assets: $12,126,456
  • Total Liabilities: $102,898
  • Net Assets: $12,023,558
  • Programs

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

    Education Classes and Workshops

    Revenue

    $183,346

    Organization Details

    Founding Year

    1998

    Principal Officer

    Karin Peterson

    Main Address

    323 Franklin Road, Highlands, NC, 28741

    NTEE Category

    Code: A400 - Arts

    If you are a representative of The Bascom Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.