EIN 04-2210747

Provincetown Art Association and Museum (PAAM)

Name: Provincetown Art Association and Museum (PAAM) financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Provincetown

State

Massachusetts

Year formed

1921

Most recent tax filings

2022-12-01

NTEE code, primary

A51: Art Museums

Description

Provincetown Art Association and Museum is a nationally recognized, year-round cultural institution that fuses the creative energy of America’s oldest active art colony with the natural beauty of outer Cape Cod that has inspired artists for generations.

Total revenues

$4,230,764

2022

Total expenses

$1,847,917

2022

Total assets

$17,461,599

2022

Num. employees

2022

Program areas at PAAM

Museum gallery - exhibitions, displays, shows and general Museum activity revolving around the Museum Art collection.

Museum school - programs involving the visual arts; fees charged to cover costs.

Who funds Provincetown Art Association and Museum (PAAM)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Helen Frankenthaler Foundation	2022-12	For Museum Collection	$1,650,000
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$113,075
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$113,075
...and 23 more grants received totalling $2,088,943

Personnel at PAAM

Name	Title	Compensation	Date of data
Christine McCarthy	Chief Executive Officer / Executive Director	$186,808	2022-12-31
Lesley Marchessault	Chief Development Officer / Development Officer / Membership Services and Event Coordination		2022-02-02
Lise Motherwell	President	$0	2023-10-27
Lennie Alickman	Treasurer	$0	2022-12-31
Doug Dolezal	Secretary / Clerk / Board Member	$0	2022-12-31
...and 1 more key personnel

Financials for PAAM

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$3,357,899	$2,995,381	12.1%
Program services	$180,603	$148,347	21.7%
Investment income and dividends	$113,115	$109,130	3.7%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$8,700	$0	999%
Net gain from sale of non-inventory assets	$106,050	$187,909	-43.6%
Net income from fundraising events	$400,263	$214,195	86.9%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$64,134	$77,146	-16.9%
Miscellaneous revenues	$0	$0	-
Total revenues	$4,230,764	$3,732,108	13.4%

Form 990s for PAAM

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-10-27	990	View PDF
2021-12	2022-10-31	990	View PDF
2020-12	2021-09-16	990	View PDF
2019-12	2021-03-02	990	View PDF
2018-12	2019-11-20	990	View PDF
...and 9 more Form 990s

Organizations like PAAM

Organization	Type	Location	Revenue
Crocker Art Museum Association	501(c)(3)	Sacramento, CA	$14,990,163
Huntington Museum of Art (HMA)	501(c)(3)	Huntington, WV	$1,901,897
New Britain Museum of AmericaN ART	501(c)(3)	New Britain, CT	$3,268,442
Yellowstone Art Museum (YAM)	501(c)(3)	Billings, MT	$1,211,302
Contemporary Art Museum St Louis	501(c)(3)	Saint Louis, MO	$10,804,085
Bainbridge Island Museum of Art (BIMA)	501(c)(3)	Bainbridge Island, WA	$5,766,737
Burchfield Penney Art Center	501(c)(3)	Buffalo, NY	$2,649,430
Racine Art Museum Association (RAM)	501(c)(3)	Racine, WI	$2,118,021
Allentown Art Museum	501(c)(3)	Allentown, PA	$2,438,489
Palm Springs Art Museum	501(c)(3)	Palm Springs, CA	$7,371,016

Data update history

May 18, 2024

Received grants

Identified 10 new grant, including a grant for $1,650,000 from Helen Frankenthaler Foundation

January 21, 2024

Updated personnel

Identified 2 new personnel

January 20, 2024

Posted financials

Added Form 990 for fiscal year 2022

December 23, 2023

Received grants

Identified 19 new grant, including a grant for $68,750 from Klarman Family Foundation

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Arts, culture, and humanities nonprofitsMuseumsCharities

Issues

Arts, cultural, and humanities

Characteristics

Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersAuction fundraisersTax deductible donationsAccepts online donations

General information

Address: 460 Commercial St; Provincetown, MA 02657
Metro area: Barnstable Town, MA
County: Barnstable County, MA
Website URL: paam.org/
Phone: (508) 487-1750
Facebook page: provincetownartassociationandmuseum

IRS details

EIN: 04-2210747
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1921
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: A51: Art Museums
NAICS code, primary: 7121: Museums, Historical Sites, and Similar Institutions
Parent/child status: Independent

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Provincetown Art Association and Museum (PAAM)

Program areas at PAAM

Who funds Provincetown Art Association and Museum (PAAM)

Personnel at PAAM

Financials for PAAM

Form 990s for PAAM

Organizations like PAAM

Nonprofits

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