Hunter Museum of American Art

EIN: 620511893 501(c)(3) Arts, Culture & Humanities

Chattanooga, TN

Total Revenue
$6,133,879
Total Expenses
$6,223,549
Total Assets
$44,920,756
Net Assets
$43,295,217
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
TN
Principal Officer
Virginia Anne Sharber
Phone
4232678918
Tax Period
2024-06-01 to 2025-05-31

Hunter Museum of American Art, founded in 1951, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.1M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Net assets of $43.3M represent 85 months of operating reserves.

Mission

The Hunter Museum of American Art collects, preserves, and presents American art and connects the community through inspiring educational and visitor-focused experiences for all.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,051,340
Program Service Revenue $468,142
Investment Income $2,771,893
Other Revenue $842,504
TOTAL REVENUE $6,133,879

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,395,329
Fundraising Expenses $524,705
Program Expenses $4,141,296
Other Expenses $3,828,220
TOTAL EXPENSES $6,223,549

Year-over-Year Comparison

2024 2023 Change
Revenue $6,133,879 $7,585,822 -0.2%
Expenses $6,223,549 $5,916,308 +0.1%
Net Income $-89,670 $1,669,514 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
27
Independent Members
27
Employees
96
Volunteers
129

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$246,091
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Virginia Anne Sharber Executive Director 040.00
Officer
$218,299 $27,792 $246,091
Robert Majors Director of Internal Operations 040.00
Highest
$114,890 $14,691 $129,581
Cara McGowan Director of Institutional Advancement 040.00
Highest
$110,092 $18,351 $128,443
Todd Womack Board Chair 004.00
Officer Director
$0 $0 $0
Andrea Crouch Past Board Chair 004.00
Officer Director
$0 $0 $0
Dan Norton Treasurer 004.00
Officer Director
$0 $0 $0
BettyeLynn Smith Secretary 004.00
Officer Director
$0 $0 $0
John Bode Trustee 002.00
Director
$0 $0 $0
Kim Gavin Trustee 002.00
Director
$0 $0 $0
Terri Holley Trustee 002.00
Director
$0 $0 $0
John Shearburn Trustee 002.00
Director
$0 $0 $0
Reese Veltenaar Trustee 002.00
Director
$0 $0 $0
Angie Supan Trustee 002.00
Director
$0 $0 $0
Quintin Alford Trustee 002.00
Director
$0 $0 $0
Carley Boehm Trustee 002.00
Director
$0 $0 $0
Chanda Chambers Trustee 002.00
Director
$0 $0 $0
Amanda Jackson Trustee 002.00
Director
$0 $0 $0
Daniela Peterson Trustee 002.00
Director
$0 $0 $0
Julie Stowe Trustee 002.00
Director
$0 $0 $0
Janelle Reilly Trustee 002.00
Director
$0 $0 $0
Johnny O'Brien Trustee 002.00
Director
$0 $0 $0
Steve Zabel Trustee 002.00
Director
$0 $0 $0
Ward Davenport Trustee 002.00
Director
$0 $0 $0
Kelly Arnold Trustee 002.00
Director
$0 $0 $0
Dan Pratt Trustee 002.00
Director
$0 $0 $0
Dakasha Winton Trustee 002.00
Director
$0 $0 $0
Mike Berry Trustee 002.00
Director
$0 $0 $0
Allison Cromie Trustee 002.00
Director
$0 $0 $0
Dana Perry Trustee 002.00
Director
$0 $0 $0
Harolda Bryson Trustee 002.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $6,133,879 $6,223,549 $44,920,756 $-89,670
2024 $7,585,822 $5,916,308 $44,634,752 $1,669,514
2023 $3,190,456 $4,787,359 $43,274,451 $-1,596,903
2022 $7,390,848 $6,776,839 $45,514,020 $614,009
2020 $2,696,718 $3,924,142 $40,975,201 $-1,227,424
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Hunter Museum of American Art with other nonprofits in Tennessee and across the country.