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Aspen Art Museum

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

EIN: 840746671 ✦ Aspen, CO ✦ Designated as a 501(c)(3)

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Overview

What is Aspen Art Museum?

The Aspen Art Museum, situated in Aspen, Colorado, serves as a vital community resource for the appreciation, education, and dialogue surrounding contemporary art. With a team of 86 dedicated individuals, the museum showcases exhibitions that can be categorized into three main genres. These include debut presentations by prominent emerging artists from around the globe, solo exhibits highlighting significant aspects of established contemporary artists' work, and group shows addressing pressing contemporary cultural, social, or political themes. The Aspen Art Museum's mission is to present the most recent and essential advancements in international, contemporary art, engaging audiences with thought-provoking experiences through exhibitions, educational programs, public events, and community happenings.


Official website here: www.aspenartmuseum.org

What are the reviews and ratings of this charity?

Aspen Art Museum holds an impressive Four-Star out of Four Star rating from Charity Navigator, with a score of 97%. This high rating reflects exceptional accountability and financial management, grounded in a robust governance structure comprised entirely of independent board members. The organization demonstrates transparency in its financial practices, with no material diversion of assets and a strong ratio of program expenses, signaling effective use of resources toward its mission.

The museum has established comprehensive policies for conflict of interest, whistleblower protection, and document retention, further underscoring its commitment to ethical governance. Financially, Aspen Art Museum maintains a healthy balance, characterized by low liabilities relative to assets and strong fundraising efficiency, which points to its sustainability in supporting its cultural initiatives.

Unfortunately, there is no available user feedback from GreatNonprofits to capture community sentiment or personal experiences with the organization. Despite the lack of user reviews, the excellent rating from Charity Navigator showcases the Aspen Art Museum's strong operational standards and financial health, indicating a reliable choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Aspen Art Museum legitimate?

Aspen Art Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Art Museum 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $887,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,045,697

For more financial information, click here


Official website here: www.aspenartmuseum.org

What is the mission statement of Aspen Art Museum?

The Aspen Art Museum, being a non-collecting institution, focuses on showcasing the newest and most influential developments in international contemporary art. It achieves this through innovative and timely exhibitions, educational programs, immersive activities, and community events. These engagements aim to provoke thought-provoking experiences that delve into art, culture, and society. The museum's primary goal is to serve as a community resource for appreciating, learning about, and discussing contemporary art. It accomplishes this by presenting exhibitions in three categories: first-time museum exhibitions by emerging artists from around the globe, solo exhibitions by established artists highlighting new or underappreciated aspects of their work, and group exhibitions addressing contemporary cultural, social, or political subjects. The Aspen Art Museum offers year-round exhibition and educational programming for surrounding Colorado communities.


Official website here: www.aspenartmuseum.org

Who is the CEO of Aspen Art Museum?

John Phelan is the Chair of Aspen Art Museum. The CEO's salary of Aspen Art Museum is $402,939 and their total compensation is $420,264.


Official website here: www.aspenartmuseum.org

What is the revenue of Aspen Art Museum?

Aspen Art Museum's revenue in 2022 was $9,389,481.


Official website here: www.aspenartmuseum.org

Who are the executives of Aspen Art Museum and what are their salaries?

The average compensation at Aspen Art Museum during 2022 was $45,736. There are 86 employees and 27 volunteers at Aspen Art Museum.


Here are 25 key members and their salaries (Aspen Art Museum's CEO's salary is $402,939 and their total compensation is $420,264):


John Phelan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melony Lewis (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amnon Rodan (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Scanlan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Douglas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Bluhm-Kaul (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Crown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Domenico Desole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Edelstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Edgerley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Felson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Ferer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Gamson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ganek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hansen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Magoon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola Marcus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Pariser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Questrom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Tisch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola Lees (Chief Executive Officer/Director)
  • Compensation: $402,939
  • Related: $0
  • Other: $17,325
Tyler Schube Resigned 113022 (Chief Financial Officer)
  • Compensation: $174,427
  • Related: $0
  • Other: $18,816
Luis Yllanes (Chief Operations Officer)
  • Compensation: $154,873
  • Related: $0
  • Other: $17,231


Official website here: www.aspenartmuseum.org

Where can I find the form 990 for Aspen Art Museum?

Aspen Art Museum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aspenartmuseum.org

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

Mission Statement of Aspen Art Museum

The Aspen Art Museum, as a non-collecting institution, is dedicated to showcasing the latest, groundbreaking developments in international contemporary art. Its mission is to actively engage audiences in thought-provoking experiences that explore art, culture, and society. Through innovative and timely exhibitions, education, and public programs, immersive activities, and community happenings, the museum serves as a community resource for the appreciation, education, and discussion of contemporary art.

The museum's exhibitions can be categorized into three main areas. Firstly, it showcases first-time museum exhibitions by significant emerging contemporary artists from around the globe. Secondly, it presents solo exhibitions by important or established contemporary artists, focusing on new, unrecognized, or underappreciated aspects of their work. Lastly, it curates group exhibitions addressing pertinent or topical contemporary cultural, social, or political subjects, or corresponding to an organizing curatorial theme. The Aspen Art Museum is committed to providing exhibition and educational programming on a year-round basis for surrounding Colorado communities.

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Impact




July, 2024

The Aspen Art Museum's impact lies in its role as a dynamic cultural hub, presenting the latest developments in international contemporary art to the community and beyond. By offering innovative exhibitions, engaging education programs, and immersive activities, the museum actively involves audiences in thought-provoking experiences of art, culture, and society. Through its commitment to showcasing first-time U.S. museum exhibitions by emerging artists, solo shows highlighting new aspects of established artists' work, and group exhibitions addressing contemporary cultural and social themes, the Aspen Art Museum serves as a vital resource for the appreciation, education, and discussion of contemporary art.




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


Financials

This financial information is from Propublica.

Revenue
$9,389,481 (2022)
Expenses
$12,046,542 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,694
  • Program Service Revenue: $50,651
  • Gross Receipts: $12,970,751

Assets and Liabilities:

  • Total Assets: $42,487,340
  • Total Liabilities: $3,328,577
  • Net Assets: $39,158,763

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Programs

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

ADMISSIONS & TUITION

Revenue

$50,651

Organization Details

Founding Year

1977

Principal Officer

John Phelan

Main Address

637 E HYMAN AVE, ASPEN, CO, 81611

NTEE Category

Code: A510 - Arts

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