2026-01-13T15:36:07+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 561748648 MUSEUM OF THE NEW SOUTH INC MUSE 7043331887 PO Box 30125 Charlotte NC 28230 Richard Cooper President & CEO 7043331887 2026-01-14 true Amy Bibby P00445891 8282542254 2025-12-19 2024 2025-03-06 01:10:19Z LEVINE MUSEUM OF THE NEW SOUTH Richard Cooper PO Box 30125 Charlotte NC 28230 2003936 false X WWW.MUSEUMOFTHENEWSOUTH.ORG X 1991 NC Levine Museum's mission is to connect the past to the future to realize the promises of a New South through exhibits that explore complex chapters in the region's history and programs that launch dialogue, foster empathy, and build an equitable community. 24 24 26 34 1224 0 1057923 1497000 8467 48043 352435 349566 4116 50419 1422941 1945028 0 0 0 0 1726624 2037654 0 0 383049 1186884 1151312 2913508 3188966 -1490567 -1243938 18371606 17960742 84642 62147 18286964 17898595 Levine Museum's mission is to connect the past to the future to realize the promises of a New South through exhibits that explore complex chapters in the region's history and programs that launch dialogue, foster empathy, and build an equitable community. false false 2257705 52285 For 35 years, Levine Museum of the New South has explored the region's history through exhibitions, educational programs, and conversations that provide context around contemporary issues, tackle important questions, and encourage necessary community dialogue. Levine Museum is a civic and educational institution located in center city Charlotte offering digital experiences, exhibitions, and programming for adults, families, children, and school audiences. The Museum has earned a local, national, and international reputation for creating innovative and ground-breaking exhibitions and programs that use history to build community. Levine Museum realized the following accomplishments in fiscal year 2025 : (Continued on Schedule O) 2257705 true true false false false false false true false true true false false false true true true false false false false false false false true false false false false true false false false false false false false false false false true false false false false false false false false false true 31 0 true 26 true true true false false false false true true false false false false false false X 24 24 false false false false false false false true true false false false true true true true true true true true false false X X LISA HORLDT 7043331887 PO Box 30125 Charlotte NC 28230 Glen Wright Board Chair 2.0 X X 0 0 0 Kate Maynard Treasurer, Vice chair 2.0 X X 0 0 0 Kevin Malcolm Secretary 2.0 X X 0 0 0 Ashley Durbin Director 2.0 X 0 0 0 Brian Siegel Director 2.0 X 0 0 0 Byron White Director 2.0 X 0 0 0 CG Newsome Director 2.0 X 0 0 0 Cynthia Wallace Director 2.0 X 0 0 0 Gris Bailey Director 2.0 X 0 0 0 Holly Eskridge Director 2.0 X 0 0 0 Hunter Priester Director 2.0 X 0 0 0 James LaBar Director 2.0 X 0 0 0 Jamie Bigsby Director 2.0 X 0 0 0 Jason Kim Director 2.0 X 0 0 0 Jason Lloyd Director 2.0 X 0 0 0 Jay Levell Director 2.0 X 0 0 0 Joni Emry Director 2.0 X 0 0 0 Liz Morrell Director 2.0 X 0 0 0 Lucia Zapata-Griffith Director 2.0 X 0 0 0 Ryan Rich Director 2.0 X 0 0 0 Sarah Fatherly Director 2.0 X 0 0 0 Sharon Harrington Director 2.0 X 0 0 0 Shaun Kruse Director 2.0 X 0 0 0 Tyler Niess Director 2.0 X 0 0 0 Richard Cooper President & CEO 40.0 X 229287 0 18281 Frances Abbott Chief Content Strategist 40.0 X 105977 0 11229 Lisa Horldt Chief Financial Officer 40.0 X 105172 0 11212 440436 0 40722 3 false true false 0 58665 1438335 262200 1497000 Admissions and Sales 713990 48043 48043 0 0 0 0 48043 361967 361967 0 0 12401 0 -12401 -12401 -12401 84872 40432 44440 44440 11541 6075 5466 4242 1224 Miscellaneous Revenue 900099 513 513 0 0 0 0 513 1945028 52285 1224 394519 229288 114644 91715 22929 1567817 1034132 253555 280130 28153 17996 5409 4748 71755 45868 13786 12101 140641 89903 27021 23717 25830 25830 21909 21909 109363 58100 48263 3000 46492 46492 340163 277087 55669 7407 40403 33763 5860 780 46580 37943 7623 1014 17773 3776 9914 4083 4862 1033 2712 1117 127487 127487 4669 3803 764 102 Exhibits and Programs 365224 365224 Unrelated Business Income 557 454 91 12 0 0 0 0 3188966 2257705 548212 383049 84929 132693 8109627 7121593 0 26757 121950 0 0 0 0 14425 11161 75000 903048 277157 761351 625891 9358077 9869451 0 0 16440 3003 18371606 17960742 82066 56624 5000 0 0 2576 523 84642 62147 X 18274964 17843595 12000 55000 18286964 17898595 18371606 17960742 -1243938 880569 -25000 0 X false true true false X 1833986 1064465 1586944 1057923 1497000 7040318 0 0 1833986 1064465 1586944 1057923 1497000 7040318 1390140 5650178 13231 9557 45401 352435 361967 782591 2640 0 3955 0 5466 12061 0 0 2821 3985 513 7319 7842289 266959 0.72048 0.75441 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - , COLUMN B - , COLUMN C - 2821.0, COLUMN D - 3985.0, COLUMN E - 513.0, COLUMN F - 7319.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 9358077 9402 880569 356688 21909 9869451 8464698 38617 1177844 302458 20624 9358077 8287899 585700 390314 18587 8464698 9555749 395300 -1318999 327736 16415 8287899 7865175 206455 2044925 538718 22088 9555749 1.0 0.0 0.0 false false 12153 2296 9857 819392 211634 607758 71503 63227 8276 625891 Federal Income Taxes Lease Liability 523 523 X 2878430 880569 52833 933402 1945028 0 0 1945028 3241799 52833 52833 3188966 0 0 3188966 Schedule D, Part III, Line 1a Collections of art - financial statement footnote THE MUSEUM'S COLLECTION CONSISTS MAINLY OF ARTIFACTS RELATING TO THE CHARLOTTE AND PIEDMONT REGION OF THE CAROLINAS. IN ACCORDANCE WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, OBJECTS PURCHASED AND DONATED FOR PUBLIC EXHIBITION ARE NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. THIS IS PRIMARILY BECAUSE OF THE LACK OF RECORDS COVERING THE COST OR FAIR MARKET VALUE OF OBJECTS AND THE DIFFICULTY OF DETERMINING THE VALUE OF SUCH A COLLECTION. EACH ITEM IN THE COLLECTION IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. Schedule D, Part III, Line 4 Collections of art - description of collections THE MUSEUM'S COLLECTION CONSISTS MAINLY OF ARTIFACTS RELATING TO THE CHARLOTTE AND PIEDMONT REGION OF THE CAROLINAS. Schedule D, Part V, Line 4 Intended uses of endowment funds FUNDS RAISED FOR THE QUASI-ENDOWMENT ARE INTENDED FOR THE PRINCIPAL PURPOSE OF PROVIDING OPERATING CASH FLOW FOR THE MUSEUM FROM INCOME AND CAPITAL APPRECIATION GENERATED BY THE INVESTED FUNDS. BECAUSE OF THE NATURE OF THE QUASI-ENDOWMENT, UNDER EXTRAORDINARY CIRCUMSTANCES THE MUSEUM HAS THE AUTHORTY (WITH APPROVAL FROM THE BOARD OF DIRECTORS) TO USE ITS CORPUS FOR OPERATING NEEDS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Museum is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Museum has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2025 and 2024. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special Event Expense - 40432 Loss from sale of assets - 12401 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Event Expense - 40432 Loss from sale of assets - 12401 CataLysT 84872 84872 40432 0 0 84872 84872 40432 40432 44440 X X X false false false false false false false false false Richard Cooper President & CEO 206787 0 22500 0 0 0 12375 0 5906 0 247568 0 0 0 X Exhibition Space 1 225145 Market value X Legal Services 1 37055 Market value false false false Form 990, Part III, Line 4a -Displayed long-term exhibition: Charlotte: Moving Forward, Looking Back. Aimed to educate natives and visitors alike, it is a foundational narrative of Charlotte history that answers questions about how we got here and where we are headed. -Placed the co-created traveling exhibition, Grier Heights: Community is Family in Charlotte spaces. -Hosted 21 public programs and events in 19 locations across the region. -Partnered with the Latin American Coalition to host the 20th Festival Dia de Muertos at Camp North End for a record-breaking 18,000 attendees. -Offered a successful Author Talks series, featuring programs with Bakari Sellers and Fawn Weaver. -Developed and published Season 2 of Our New South, a podcast with a national audience that explores how southern communities, including Charlotte, are confronting complex issues like equity in education and healthcare. -Won 4 awards for Season 1 of the Our New South podcast: 2 Signal Awards, an Anthem Award, and a Communicator Award. -Completed web-based project 50 Places in Charlotte, which uncovers the significance of and stories behind 50 sites across the city. -Provided content development, reviewing, and editing for the Pearl District's Purposeful Walk project about the former Brooklyn neighborhood. -Hosted professional development workshops to train more than 100 area educators serving more than 6,000 students. -Gave tours of the historic Brooklyn neighborhood using our KnowCLT app to almost 400 participants. -Created the Catalyst Fellowship Program, a history and experience-based leadership program for college students -- and secured funding for it to debut in FY26. Form 990, Part VI, Line 18 PHOTOCOPIES OF THE FORM 1023 AND RECENT FILINGS OF THE FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, THE MOST RECENT FILING OF THE FORM 990 IS AVAILABLE ONLINE AT WWW.MUSEUMOFTHENEWSOUTH.ORG/GIVING/ AND WWW.GUIDESTAR.ORG. Form 990, Part VI, Line 11b Review of form 990 by governing body The auditor will present the completed Form 990 to the Museum's Audit Committee at a duly-noticed meeting of that committee. Representatives of the auditor will attend that meeting to discuss the Form 990. After the Audit Committee approves the Form 990, the Controller will circulate the Form 990 to all Board Members by email on behalf of Audit Committee chair and/or the Board chair. This email will provide Board Members with an explanation of the Audit Committee's review of the Form 990 and will invite Board Members to contact the Audit Committee co-chairs or the board chair with any questions or comments about the Form 990. Thereafter, the Museum will file the Form 990. Form 990, Part VI, Line 12c Conflict of interest policy EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. DURING THE FISCAL YEAR 2016, PRIOR TO THE ANNUAL AUDIT, THE CHAIRMAN OF THE BOARD OF DIRECTORS REVIEWED FORMS SUBMITTED BY MEMBERS OF THE BOARD TO DETERMINE IF ANY POTENTIAL CONFLICTS EXISTED, AND DETERMINED THAT FOR THE YEAR NO CONFLICTS EXISTED. IN THE POSSIBLE EVENT OF A CONFLICT OF INTEREST, THE CHAIRMAN WOULD REFER THE SITUATION TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REMEDIAL ACTION. Form 990, Part VI, Line 15a Process to establish compensation of top management official The board chair reviewed publicly-available information on CEO compensation from comparable cultural non-profit organizations in the Charlotte metropolitan area and determined that the museum's CEO total compensation was well within the norms for this comparison group. The museum does not consider any other employee of the museum to be a "key employee". The museum does periodically compare all staff salaries to comparable positions in the Charlotte market and to other museums in the southeastern US. Form 990, Part VI, Line 15b Process to establish compensation of other employees The board chair reviewed publicly-available information on CEO compensation from comparable cultural non-profit organizations in the Charlotte metropolitan area and determined that the museum's CEO total compensation was well within the norms for this comparison group. The museum does not consider any other employee of the museum to be a "key employee". The museum does periodically compare all staff salaries to comparable positions in the Charlotte market and to other museums in the southeastern US. Form 990, Part VI, Line 19 Required documents available to the public PHOTOCOPIES OF THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. Form 990, Part XII, Line 2c THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.