Louise Wells Cameron Art Museum

Organization Overview

Louise Wells Cameron Art Museum is located in Wilmington, NC. The organization was established in 1964. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Louise Wells Cameron Art Museum employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louise Wells Cameron Art Museum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Louise Wells Cameron Art Museum generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CAMERON ART MUSEUM PROVIDES A CULTURAL GATHERING PLACE THAT ENRICHES THE LIVES OF MUSEUM VISITORS AND THE COMMUNITY THROUGH HIGH-QUALITY EXHIBITIONS, LIFELONG LEARNING IN THE ARTS, DYNAMIC PUBLIC PROGRAMS, AND STEWARDSHIP AND INTERPRETATION OF THE COLLECTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ART EDUCATION, INCLUDING EXHIBITIONS, PUBLIC PROGRAMS, FIELD TRIPS, WORKSHOPS, CLASSES, CONCERTS, AND LECTURE SERIES


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Board, Officers & Key Employees

Name (title)Compensation
Anne Brennan
Executive Director
$91,854
Nina Duff
Vice Chair
$0
Isabel Lujan
Director
$0
Dr Acquenetta Wheeler
Secretary
$0
John Messick II
Treasurer
$0
Gregory C Miller Sr
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,501,107
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,501,107
Total Program Service Revenue$544,930
Investment income $83
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $68,182
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$61,696
Miscellaneous Revenue$0
Total Revenue $2,062,415

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Louise Wells Cameron Art Museum has recieved totaling $7,500.

Awarding OrganizationAmount
Landfall Foundation Inc

Wilmington, NC

PURPOSE: Charitable Support

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,112,992
Earnings-$1,357,549
Admin Expense$82,638
Other Expense$555,188
Ending Balance$12,117,617

Peer Organizations

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