Asheville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Asheville Art Museum Association Inc, founded in 1948, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 27% operating margin.
The mission of the Asheville Art Museum Association, Inc. is to engage, enlighten and inspire individuals and enrich the community through dynamic experiences in American Art of the 20th and 21st centuries.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,177,906 | $2,153,498 | +0.9% |
| Expenses | $3,049,308 | $3,233,152 | -0.1% |
| Net Income | $1,128,598 | $-1,079,654 | -2.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Pamela Myers | Executive Director | 40.00 |
Officer
Director
|
$177,657 | $15,034 | $192,691 |
| Paul Lentz Saenger | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paula Dawkins | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Karen Praytor | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Julia Peterson | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Herbert Butch Patrick | Immediate Past Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Benites | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tami Bebber | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicholas Butts | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Cavanaugh | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rose Chambers | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Carolyn Coward | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Betsy Cunagin | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rufus Dollar | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tyler Emerson-Dorsch | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Joey Gigliotti | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Lei Han | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| April Liou | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Brenda Mills | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| George Stowe | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Gary Zahler | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,177,906 | $3,049,308 | $30,341,075 | $1,128,598 |
| 2024 | $2,153,498 | $3,233,152 | $29,582,340 | $-1,079,654 |
| 2023 | $1,770,786 | $3,322,273 | $29,925,779 | $-1,551,487 |
| 2022 | $3,167,007 | $2,894,429 | $30,717,963 | $272,578 |
| 2021 | $8,810,292 | $2,611,615 | $32,695,907 | $6,198,677 |
| 2020 | $6,171,367 | $2,500,339 | $28,901,662 | $3,671,028 |
| 2019 | $4,547,714 | $1,741,152 | $25,398,766 | $2,806,562 |
| 2018 | $8,071,355 | $1,731,598 | $20,585,671 | $6,339,757 |
Compare Asheville Art Museum Association Inc with other nonprofits in North Carolina and across the country.