Nonprofit · EIN 31-0590095
CONTEMPORARY ARTS CENTER
Tax-exempt · CINCINNATI, OH 45202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $2,707,776 | $4,416,697 | -$1,708,921 | $24,498,408 | $1,315,027 | $23,183,381 |
| August 31, 2024 | 990 | $3,173,473 | $4,921,045 | -$1,747,572 | $25,381,839 | $895,866 | $24,485,973 |
| August 31, 2023 | 990 | $4,777,160 | $5,084,744 | -$307,584 | $33,647,623 | $8,243,978 | $25,403,645 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $2,653,323
- of which government grants
- $279,020
- Membership dues
- $56,058
- Program service revenue
- $68,454
- Investment income
- -$37,195
- Royalties
- $857
- Net rental income
- -$459
- Net gain from sales of assets
- -$192,699
- Net income from fundraising events
- -$46,240
- Net income from sales of inventory
- $32,441
- Other revenue
- $23,194
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $171,539
- Other salaries and wages
- $1,400,381
- Salaries, compensation and benefits (total)
- $1,835,038
- Professional fundraising fees
- $0
- Accounting fees
- $260,858
- Occupancy
- $365,350
- Travel
- $21,608
- Depreciation
- $831,021
- Program services (functional)
- $3,126,933
- Management and general (functional)
- $627,762
- Fundraising (functional)
- $662,002
Balance sheet and other
- Total assets, start of year
- $25,381,839
- Total assets, end of year
- $24,498,408
- Total liabilities, end of year
- $1,315,027
- Net assets, end of year
- $23,183,381
- Land, buildings and equipment
- $16,008,818
- Publicly traded securities
- $6,128,846
- Net assets without donor restrictions
- $19,859,291
- Net assets with donor restrictions
- $3,324,090
- Gross unrelated business income
- -$459
- Gross receipts
- $3,402,035
- Employees
- 56
- Volunteers
- 42
- Year formed
- 1940
- State of legal domicile
- OH
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Christina Vassallo | Executive Director - Exit 01/25 Officer | 50 | $164,252 | $7,287 |
| Carolyn Hefner | Chief of External Affairs Highest-paid employee | 50 | $103,647 | $11,781 |
| Amy Goodwin | Co-VP Trustee or director, Officer | 1 | $0 | $0 |
| Brian Sedra | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Emily Kokenge | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Gale Beckett | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Rick Michelman PhD | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Bernie Calonge | Board Member Trustee or director | 1 | $0 | $0 |
| Bruce Lazarus | Board Member Trustee or director | 1 | $0 | $0 |
| Charlie Key | Board Member Trustee or director | 1 | $0 | $0 |
| Chuck Lohre | Board Member - Exit 02/25 Trustee or director | 1 | $0 | $0 |
| Claudia Kohlman | Board Member Trustee or director | 1 | $0 | $0 |
| Damian Hoskins | Board Member - Exit 09/24 Trustee or director | 1 | $0 | $0 |
| Denise Osterhues | Board Member Trustee or director | 1 | $0 | $0 |
| Emily Hanako Momohara | Board Member - Exit 06/25 Trustee or director | 1 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Eric Kearney | Board Member Trustee or director | 1 | $0 |
| George Kurz | Board Member Trustee or director | 1 | $0 |
| Jenell Hubbard | Board Member Trustee or director | 1 | $0 |
| Jennifer Krivickas | Board Member - Exit 08/25 Trustee or director | 1 | $0 |
| Lucinda Barnes | Board Member Trustee or director | 1 | $0 |
| Maria Espinola PhD | Board Member - Exit 02/25 Trustee or director | 1 | $0 |
| Michael Kelley | Board Member Trustee or director | 1 | $0 |
| Murray Sinclaire Jr | Board Member Trustee or director | 1 | $0 |
| Reginald Harris | Board Member - Exit 09/24 Trustee or director | 1 | $0 |
| Theo Erasmus | Board Member - Exit 02/25 Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Christina Vassallo | Executive Director Officer | 50 | $144,821 | $1,333 |
| Marcus Margerum | Deputy Director & COO Officer | 50 | $139,476 | $5,999 |
| Emily Kokenge | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Maria Espinola PhD | Board Member Trustee or director | 1 | $0 | $0 |
| Lucinda Barnes | Board Member Trustee or director | 1 | $0 | $0 |
| Jennifer Verkamp | Board Member - Exit 09/23 Trustee or director | 1 | $0 | $0 |
| Michael Kelley | Board Member Trustee or director | 1 | $0 | $0 |
| Emily Hanako Momohara | Board Member Trustee or director | 1 | $0 | $0 |
| Gale Beckett | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Rosemary Schlachter | Chair - Exit 02/24 Trustee or director, Officer | 1 | $0 | $0 |
| Kyle Pohlman | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Denise Osterhues | Board Member Trustee or director | 1 | $0 | $0 |
| Bernie Calonge | Board Member Trustee or director | 1 | $0 | $0 |
| Rick Michelman PhD | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Chuck Lohre | Board Member Trustee or director | 1 | $0 | $0 |
| Lee Linder | Board Member Trustee or director | 1 | $0 | $0 |
| Theo Erasmus | Board Member Trustee or director | 1 | $0 | $0 |
| Mark A Goodson | Board Member Trustee or director | 1 | $0 | $0 |
| Jennifer Krivickas | Board Member Trustee or director | 1 | $0 | $0 |
| Eric Kearney | Board Member Trustee or director | 1 | $0 | $0 |
| Steven W Jemison | Board Member Trustee or director | 1 | $0 | $0 |
| Charlie Key | Board Member Trustee or director | 1 | $0 | $0 |
| Amy Goodwin | Co-VP Trustee or director, Officer | 1 | $0 | $0 |
| Bruce Lazarus | Board Member Trustee or director | 1 | $0 | $0 |
| Jim Cheng AIA LLD AP | Board Member - Exit 02/24 Trustee or director | 1 | $0 | $0 |
| Jason McCaw | Board Member - Exit 02/24 Trustee or director | 1 | $0 | $0 |
| Jeff Ahrnsen | President Trustee or director, Officer | 1 | $0 | $0 |
| Brian Sedra | Secretary - Start 02/24 Trustee or director, Officer | 1 | $0 | $0 |
| Reginald Harris | Board Member - Start 02/24 Trustee or director | 1 | $0 | $0 |
| Damian Hoskins | Board Member - Start 02/24 Trustee or director | 1 | $0 | $0 |
| George Kurz | Board Member - Start 02/24 Trustee or director | 1 | $0 | $0 |
| Murray Sinclaire Jr | Board Member - Start 02/24 Trustee or director | 1 | $0 | $0 |
| Claudia Kohlman | Board Member - Start 05/24 Trustee or director | 1 | $0 | $0 |
| Jenell Hubbard | Board Member - Start 05/24 Trustee or director | 1 | $0 | $0 |
990 for the year ended August 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Marcus Margerum - exit 324 | Deputy Director & COO Officer | 40 | $145,866 | $11,148 |
| Emily Kokenge | Board Member Trustee or director | 1 | $0 | $0 |
| Maria Espinola PhD | Board Member Trustee or director | 1 | $0 | $0 |
| Lucinda Barnes | Board Member Trustee or director | 1 | $0 | $0 |
| Jennifer Verkamp | Board Member Trustee or director | 1 | $0 | $0 |
| Michael Kelly - Start 0323 | Board Member Trustee or director | 1 | $0 | $0 |
| Emily Hanako Momohara | Board Member Trustee or director | 1 | $0 | $0 |
| Gale Beckett | President Trustee or director, Officer | 1 | $0 | $0 |
| Rosemary Schlachter | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Ron Bates - Exit 0323 | Vice-President Trustee or director, Officer | 1 | $0 | $0 |
| Kyle Pohlman | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Denise Osterhues | Board Member Trustee or director | 1 | $0 | $0 |
| Bernie Calonge | Board Member Trustee or director | 1 | $0 | $0 |
| Rick Michelman PhD | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Chuck Lohre | Board Member Trustee or director | 1 | $0 | $0 |
| Lee Lindner | Board Member Trustee or director | 1 | $0 | $0 |
| Theo Erasmus | Board Member Trustee or director | 1 | $0 | $0 |
| Mark A Goodson | Board Member Trustee or director | 1 | $0 | $0 |
| Jennifer Krivickas | Board Member Trustee or director | 1 | $0 | $0 |
| Eric Kearney | Board Member Trustee or director | 1 | $0 | $0 |
| Steven W Jemison | Board Member Trustee or director | 1 | $0 | $0 |
| Charlie Key | Board Member Trustee or director | 1 | $0 | $0 |
| Amy Goodwin | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Bruce Lazarus | Board Member Trustee or director | 1 | $0 | $0 |
| Jim Cheng AIA LLD AP | At-Large Trustee or director, Officer | 1 | $0 | $0 |
| Jason McCaw | Board Member Trustee or director | 1 | $0 | $0 |
| Jeff Ahrnsen | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Christina Vassallo-Start 323 | Executive Director Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 44 E 6TH ST, CINCINNATI, OH 45202-2518
- Principal officer (990 for 2024)
- Lacy Schutz, 44 East Sixth Street, Cincinnati, OH 45202
- Signed the 990
- Lacy Schutz, Interim Executive Director
- Phone
- (513) 345-8400
- Return prepared by
- Barnes Dennig & Co LTD
Mission
The CAC is a lab for understanding ourselves, others, and the world around us through the experience and creation of all contemporary art forms.
Program accomplishments
- As the premier venue in the Cincinnati region for contemporary art, the Contemporary Arts Center (CAC) is a place for displaying, learning about, and making art. The CAC's exhibition program catalyzes dialogue and discovery in Greater Cincinnati by presenting five to seven major exhibitions of cutting-edge contemporary art each year to over 35,000 individuals in our Zaha Hadid-designed building located in the center of downtown Cincinnati.Expenses $1,514,741 · revenue $11,213
- The Contemporary Arts Center (CAC) aims to provide critical reflection and interpretation of today's culture, challenge conventional wisdom and experience, encourage social engagement, preserve cultural history, and create experiences for connecting with others. The CAC produces a range of educational programs that aid our visitors in exploring and engaging with our exhibitions. These reach more than 19,000 individuals of all ages and backgrounds, including roughly 3,000 underserved Cincinnati teens. Educational programs for students and teachers feature content aligned with state and national academic standards. Other programs are designed for homeschooled children, teens, adult learners, and seniors experiencing memory loss. Additionally, the CAC's Creativity Center is an interactive art gallery and hands-on art-making space that serves communities of all incomes and backgrounds across Greater Cincinnati.Expenses $1,104,291 · revenue $24,773
- The Contemporary Arts Center's (CAC) Visitor Experience program ensures an accessible, welcoming, and engaging first point of contact for all guests. Through front desk admissions, and visitor assistance, the team provides highquality customer service that enhances each guest's interaction with the CAC's exhibitions and programs. Visitor Experience staff help connect individuals with contemporary art by facilitating smooth entry, answering questions, and supporting an inclusive and visitorcentered environment.Expenses $291,750 · revenue $32,468
- The CAC's gift shop offers artinspired merchandise and publications that extend the visitor experience and promote engagement with contemporary art. In addition, the CAC provides versatile event and venue rental options that serve the community and generate missionsupporting revenue.Expenses $216,151 · revenue $32,441
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 31-0590095
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1940
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A510)
- Assets (IRS master file)
- $24,498,408
- Income (IRS master file)
- $3,402,035
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $2,707,776 | $4,416,697 | $24,498,408 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $3,173,473 | $4,921,045 | $25,381,839 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $4,777,160 | $5,084,744 | $33,647,623 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $4,449,118 | $4,928,833 | $37,249,708 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | 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 31-0590095).
Questions about CONTEMPORARY ARTS CENTER
- What is the EIN of CONTEMPORARY ARTS CENTER?
- The employer identification number (EIN) of CONTEMPORARY ARTS CENTER is 31-0590095.
- Is CONTEMPORARY ARTS CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1940.
- Are donations to CONTEMPORARY ARTS CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CONTEMPORARY ARTS CENTER 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 CONTEMPORARY ARTS CENTER due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CONTEMPORARY ARTS CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of CONTEMPORARY ARTS CENTER?
- The 990 for the year ended August 31, 2025 names Lacy Schutz.
- Who are the officers and directors of CONTEMPORARY ARTS CENTER?
- The 990 for the year ended August 31, 2025 lists 25 people; 2 received compensation from the organization, the highest $164,252 (Christina Vassallo, Executive Director - Exit 01/25).
- How much revenue does CONTEMPORARY ARTS CENTER have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $2,707,776, expenses of $4,416,697 and total assets of $24,498,408 at year end.
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- CINCINNATI MUSEUM ASSOCIATION EIN 31-0536653 · last filed 990 for 2025
- CINCINNATI ARTS ASSOCIATION EIN 31-1310256 · last filed 990 for 2025
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