Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
68 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
29 people listed on the 990; $218K paid to officers and key staff.
Karin Peterson’s $125K as Retiring Executive Director is at the 51st percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Osborn Teresa | — | — | — | $135,227 |
| Karin Peterson | $125,000 | $115,000 | $84,715 | — |
| William Love | $92,787 | — | — | — |
| Gihl Tracy | — | — | — | $87,208 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Programs and updates
Inspires and empowers through visual art experiences that encourage seeing, thinking, and doing.
Questions for The Bascom Corporation
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Through engaging the artistic imagination, we build human capacity and resilience in the people of our region and infuse the creative economy of Western North Carolina with opportunities for community members, visitors, and artists alike.
2023 Achievements **Provided 11 high-quality, free-admission exhibits to 20,000 visitors **Reached 3,700 participants through our 23 free outreach programs **Improved workshop access by providing $17,560 in scholarships **Offered 4 resident artist opportunities **Offered 36 teaching artist opportunities **Supported 325 artists through…
The Bascoms Public Programs serve 3,000 participants of all ages living in Macon and Jackson counties. Activities include free art exhibitions and adjoining programming, artist residencies, in-class and out-of-school-time STEAM and art activities, professional development opportunities for local educators, workshops, camps, and sales…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.8M | $2.1M | −$249K | $11.8M | 990 PDF |
| FY2023 | $1.7M | $2.0M | −$349K | $11.9M | 990 PDF |
| FY2022 | $2.6M | $1.8M | $771K | $12.0M | 990 PDF |
| FY2021 | $1.6M | $1.6M | $3K | $11.4M | 990 PDF |
| FY2020 | $1.5M | $1.6M | −$158K | $11.3M | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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