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Nonprofit · EIN 23-7358733

NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC

Tax-exempt · RESTON, VA 20190

Financials

$1.1M$914K2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,196,961$1,213,474-$16,513$4,256,037$0$4,256,037
June 30, 2024990$1,071,945$913,736$158,209$4,107,770$0$4,107,770
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$861,983
Investment income
$334,978
Net gain from sales of assets
$215,072
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,619
Accounting fees
$15,600
Program services (functional)
$992,599
Management and general (functional)
$220,875

Balance sheet and other

Total assets, start of year
$4,107,770
Total assets, end of year
$4,256,037
Total liabilities, end of year
$0
Net assets, end of year
$4,256,037
Publicly traded securities
$4,065,816
Net assets without donor restrictions
$4,256,037
Gross receipts
$2,017,999
Employees
0
Volunteers
176
Year formed
1944
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KAREN P MOYNAHANEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
GREG WATTSPRESIDENT
Trustee or director, Officer
3$0
PEG FAIMONVICE PRESIDENT
Trustee or director, Officer
3$0
TROY RICHARDSSECRETARY
Trustee or director, Officer
10$0
KATE BONANSINGATREASURER
Trustee or director, Officer
3$0
JADE JEWETTCHAIR, COMMISSION ON ACCRE
Trustee or director
1$0
JEFFREY BELLANTONIDIRECTOR
Trustee or director
1$0
SUSAN E CAHANDIRECTOR
Trustee or director
1$0
DANA CLANCYDIRECTOR
Trustee or director
1$0
CHRIS GARVINDIRECTOR
Trustee or director
1$0
SEDA MCKILLIGANDIRECTOR
Trustee or director
1$0
HEATHER SHAWDIRECTOR
Trustee or director
1$0
FRAN TUCKERPUBLIC MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
GREG WATTSPRESIDENT
Trustee or director, Officer
3$0
TROY RICHARDSSECRETARY
Trustee or director, Officer
10$0
KATE BONANSINGATREASURER
Trustee or director, Officer
3$0
JEFFREY BELLANTONIDIRECTOR
Trustee or director
1$0
SUSAN E CAHANDIRECTOR
Trustee or director
1$0
DANA CLANCYDIRECTOR
Trustee or director
1$0
CHRIS GARVINDIRECTOR
Trustee or director
1$0
SEDA MCKILLIGANDIRECTOR
Trustee or director
1$0
JENNIFER KRANTZCHAIR, COMMISSION ON ACCRE
Trustee or director
1$0
DIANA H MUTZPUBLIC MEMBER
Trustee or director
1$0
FRAN TUCKERPUBLIC MEMBER
Trustee or director
1$0
KAREN P MOYNAHANEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
PEG FAIMONVICE PRESIDENT
Trustee or director, Officer
3$0
BETH ELICKERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
11250 ROGER BACON DR STE 21, RESTON, VA 20190-5248
In care of
% KAREN P MOYNAHAN
Principal officer (990 for 2024)
KAREN P MOYNAHAN, 11250 ROGER BACON DRIVE 21, RESTON, VA 201905202
Signed the 990
KAREN P MOYNAHAN, EXECUTIVE DIRECTOR
Phone
(703) 437-0700
Return prepared by
PBMARES LLP

Mission

DEVELOPING CLOSER RELATIONSHIPS AMONG SCHOOLS AND PROGRAMS OF ART AND DESIGN TO IMPROVE STANDARDS IN ART AND DESIGN EDUCATION AND TRAINING.

990 for the year ended June 30, 2025

Program accomplishments

  • SERVICES PROVIDED INCLUDE PUBLICATIONS, MEETINGS AND ACCREDITATION. THE ASSOCIATION HAS OVER 300 INSTITUTIONAL MEMBERS AND 4 INDIVIDUAL MEMBERS.
    Expenses $992,599 · revenue $861,983

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7358733
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,256,037
Income (IRS master file)
$2,017,999

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,196,961$1,213,474$4,256,037XML
990June 2024$1,071,945$913,736$4,107,770XML
990June 2023$945,521$920,088$3,600,758IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7358733).

Questions about NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC

What is the EIN of NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC?
The employer identification number (EIN) of NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC is 23-7358733.
Is NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC?
The 990 for the year ended June 30, 2025 names KAREN P MOYNAHAN.
Who are the officers and directors of NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC?
The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,196,961, expenses of $1,213,474 and total assets of $4,256,037 at year end.

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