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Aspen Art Museum Foundation

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

EIN: 841515243 ✦ Aspen, CO ✦ Designated as a 501(c)(3)

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Overview

What is Aspen Art Museum Foundation?

The Aspen Art Museum Foundation is a nonprofit organization situated in Aspen, Colorado, specifically at 637 East Hyman Avenue. Their primary mission is to establish and sustain an endowment fund, exclusively dedicated to supporting the Aspen Art Museum. This endowment aims to ensure the museum's long-term financial stability and continued success. The foundation's activities and mission are centered around this objective, contributing to the cultural landscape of Aspen and beyond.

Is Aspen Art Museum Foundation legitimate?

Aspen Art Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Art Museum Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Aspen Art Museum Foundation?

The Aspen Art Museum Foundation's mission is centered around establishing and maintaining an endowment fund exclusively for the benefit of the Aspen Art Museum. This fund is aimed at providing ongoing financial support, ensuring the museum's longevity and continued success in its artistic endeavors. The foundation's primary goal is to contribute to the museum's sustainability and growth, thereby enabling it to continue serving as a platform for artistic expression and cultural enrichment.

Who is the CEO of Aspen Art Museum Foundation?

Justin Douglas is the President of Aspen Art Museum Foundation.

What is the revenue of Aspen Art Museum Foundation?

Aspen Art Museum Foundation's revenue in 2022 was $289,254.

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

There 8 volunteers at Aspen Art Museum Foundation.


Here are 8 key members and their salaries:


Justin Douglas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Schorr (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Felson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Edelstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melony Lewis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amnon Rodan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Marx (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola Lees (Ex Officio Member)
  • Compensation: $0
  • Related: $500,939
  • Other: $17,325
Where can I find the form 990 for Aspen Art Museum Foundation?

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

Mission Statement of Aspen Art Museum Foundation

The Aspen Art Museum Foundation is dedicated to establishing and maintaining an endowment fund exclusively for the benefit of the Aspen Art Museum. This mission aims to secure a stable financial foundation for the museum, ensuring its continued operation and growth. By dedicating resources to this endowment, the Aspen Art Museum Foundation seeks to provide long-term support for the museum's artistic programs, exhibitions, and educational initiatives. The endowment fund serves as a financial safety net, enabling the museum to weather financial challenges and continue its mission of promoting and celebrating contemporary art.

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Impact




October, 2024

The Aspen Art Museum Foundation significantly contributes to the vitality and sustainability of the Aspen Art Museum through the establishment and maintenance of an endowment fund. This financial support ensures that the museum can continue to offer engaging art experiences, innovative exhibitions, and educational programs for the community and visitors. By securing a reliable source of funding, the foundation helps foster a vibrant cultural landscape in Aspen, promoting appreciation for the arts and enhancing the overall quality of life in the region. Through its focused mission, the foundation plays a critical role in the long-term success and artistic endeavors of the Aspen Art Museum.




This information is meant to be a general summary of Aspen Art Museum Foundation. 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
$289,254 (2022)
Expenses
$1,595,825 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $359,770

Assets and Liabilities:

  • Total Assets: $34,609,543
  • Total Liabilities: $109,911
  • Net Assets: $34,499,632

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Organization Details

Founding Year

1999

Principal Officer

Justin Douglas

Main Address

637 EAST HYMAN AVENUE, ASPEN, CO, 81611

NTEE Category

Code: A115 - Arts

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