2026-01-13T12:01:07-06:00 2024-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-07-01 561376155 CONTEMPORARY ART FOUNDATION INC CONT 9192615920 409 W MARTIN STREET RALEIGH NC 27603 LISA MCGOWAN DIRECTOR 9192615920 2025-10-01 1 0 JOHN M ROBINSON P01281319 3362944494 2025-10-01 2023 2025-03-06 01:10:19Z LISA MCGOWAN 409 W MARTIN STREET RALEIGH NC 27603 628793 0 X CAMRALEIGH.ORG X 1983 NC SOLICITING MONEY AND PROPERTY TO BE USED TO PROMOTE THE EDUCATIONAL, CULTURAL AND ECONOMIC DEVELOPMENT OF RALEIGH'S ARTS COMMUNITY. 27 27 22 27 0 0 384291 315202 0 238976 0 654 209679 47890 593970 602722 0 0 0 0 253858 354425 0 0 0 583114 573011 836972 927436 -243002 -324714 3625369 3242483 1121173 1222442 2504196 2020041 TO SOLICIT MONEY & PROPERTY TO BE USED TO PROMOTE THE EDUCATION, CULTURAL, AND ECONOMIC DEVELOPMENT OF RALEIGH'S ART COMMUNITY. 0 0 769437 211961 CAM RALEIGH IS A NON-COLLECTING CONTEMPORARY ART MUSEUM THAT PROVIDES AN ENVIRONMENT FOR TRANSFORMATION THROUGH EDUCATIONAL PROGRAMS, CULTURAL EXPERIENCES, AND BOLD, NON-TRADITIONAL EXHIBITIONS BY LIVING ARTISTS. 0 27015 THE BETTY EICHENBERGER ADAMS SOCIETY (BEAS) IS CAM'S WOMEN ONLY MEMBERSHIP GROUP WITH THE MISSION TO GENERATE, EDUCATE, AND PROMOTE INTEREST IN CONTEMPORARY ART IN RALEIGH AND BEYOND. THE BEAS SEEK TO ESTABLISH AND MAINTAIN A BASE OF SUPPORT FOR CAM, BECOMING PILLARS OF STRENGTH FOR CAM NOW, AND FOR FUTURE GENERATIONS. 769437 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 NC X LINWOOD JOHNSON 9192615920 3901 BARRETT DRIVE SUITE 304 RALEIGH NC 27609 MEREDITH NELSON CHAIR 1.00 X X 0 0 0 MATT LEE VICE-CHAIR 1.00 X X 0 0 0 DEBBIE HAMMERSLA TREASURER 1.00 X X 0 0 0 JANINE STEEL ZANE SECRETARY 1.00 X X 0 0 0 LISA MCGOWAN PAST CHAIR 1.00 X 0 0 0 BETH ROBINSON DIRECTOR 1.00 X 0 0 0 MICHELLE HOOPER DIRECTOR 1.00 X 0 0 0 CHARLES O JOHNSON II DIRECTOR 1.00 X 0 0 0 JOY SLOAN DIRECTOR 1.00 X 0 0 0 ADAM DERBYSHIRE DIRECTOR 1.00 X 0 0 0 CASSELLE AE SMITH DIRECTOR 1.00 X 0 0 0 ELIZABETH PURRINGTON DIRECTOR 1.00 X 0 0 0 COLONY LITTLE DIRECTOR 1.00 X 0 0 0 JESMA REYNOLDS DIRECTOR 1.00 X 0 0 0 JESSICA CAPPS DIRECTOR 1.00 X 0 0 0 LUCY INMAN DIRECTOR 1.00 X 0 0 0 MELANIE REGNER DIRECTOR 1.00 X 0 0 0 MICHAEL ENGLISH DIRECTOR 1.00 X 0 0 0 PAUL COGGINS DIRECTOR 1.00 X 0 0 0 PERRI ANDERSON DIRECTOR 1.00 X 0 0 0 SUZIE KOONCE DIRECTOR 1.00 X 0 0 0 TAHLIA CUMMINGS DIRECTOR 1.00 X 0 0 0 KATE BOES DIRECTOR 1.00 X 0 0 0 PATRICIA C A SASSER DIRECTOR 1.00 X 0 0 0 KARL AMELCHENKO DIRECTOR 1.00 X 0 0 0 GEORGIA TARDY DIRECTOR 1.00 X 0 0 0 LAURIE SUGG DIRECTOR 1.00 X 0 0 0 PAUL BAKER EXECUTIVE DIRECTOR 40.00 X 65000 0 0 65000 0 0 0 0 0 0 0 31591 123218 160393 315202 FACILITIES RENTAL REVE 711300 174177 174177 EXHIBITION REVENUE 711300 37784 37784 B.E. ADAMS SOCIETY REV 711300 27015 27015 238976 654 654 73961 26071 47890 47890 602722 238976 0 48544 65000 58500 6500 234724 211252 23472 54701 49231 5470 46394 46394 4705 4705 4689 4689 40036 36032 4004 58136 52322 5814 158246 142421 15825 23449 21104 2345 EXHIBITIONS & PROGRAMS 51740 51740 REPAIRS & MAINTENANCE 50532 45479 5053 CONTRACTED SERVICES 31969 31969 ARTIST FEES & HONORARIA 23374 23374 79741 41308 38433 927436 769437 157999 0 94285 22256 9833 21262 15039 2172 12614 0 6151234 2982617 3486969 3168617 6629 0 28176 3625369 3242483 27030 75757 0 47629 925000 925000 150350 150000 18793 24056 1121173 1222442 X 2501696 2020041 2500 0 2504196 2020041 3625369 3242483 -324714 2233 -161674 0 X 0 1 X 1 0 X 625100 557208 434995 226744 315202 2159249 95999 64955 319123 238976 719053 721099 557208 499950 545867 554178 2878302 40000 25000 65000 0 40000 25000 65000 2813302 654 654 654 654 721099 557208 499950 545867 554832 2878956 0.97720 1.00000 0.00020 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 129000 129000 5969042 2931034 3038008 53192 51583 1609 3168617 ACCRUED EXPENSES 24056 24056 X 656026 2233 25000 27233 628793 -26071 -26071 602722 978507 25000 26071 51071 927436 0 927436 PART X, LINE 2: IT IS THE FOUNDATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -26,071. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 26,071. ARTHOUSE 48891 48891 9348 9100 3886 JUNETEENTH 25070 25070 937 2800 73961 73961 10285 11900 3886 26071 47890 TODD MCGOWAN HUSBAND OF BOARD MEMBER, LISA MCGOWAN X 925000 925000 0 0 0 925000 FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY FINANCE COMMITTEE MEMBERS ONLY FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PROHIBITS MEMBERS OF THE BOARD FROM ENGAGING IN ANY TRANSACTION AND/OR RELATIONSHIPS THAT MAY THREATEN THE ORGANIZATION'S TAX EXEMPT STATUS. ADHERENCE TO THE POLICY IS MONITORED AND COMPLIANCE ENFORCED. FORM 990, PART VI, SECTION B, LINE 15A ANNUAL REVIEW OF THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL IS CONDUCTED BY INDEPENDENT PARTIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.