Salem Art Association

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

Harnessing the power of the arts to expand creativity, improve lives, and foster a more vibrant and connected community.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 35 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $51K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$51K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $222K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$73K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$795K
-20% vs prior year
Spent
$827K
To programs
70%
Net assets
$492K
By yearFY2020–FY2024
Revenue
$795K
FY2024▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$600K
FY2021$459K
FY2022$1.1M
FY2023$994K
FY2024$795K
Expenses
$827K
FY2024▼ -33%
Tap a bar for its year
Expenses by fiscal year
FY2020$557K
FY2021$609K
FY2022$1.0M
FY2023$1.2M
FY2024$827K
Net assets
$492K
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$683K
FY2021$531K
FY2022$646K
FY2023$523K
FY2024$492K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $576K Management & general 14% · $114K Fundraising 17% · $137K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $51K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$51,412Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Matthew Boulay’s $51K as Executive Director is at the 46th percentile of top reported officer pay among 2216 $100K–1M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sandra Burnett———$32,469$112,074
Matthew Boulay$51,412$54,283$49,366$50,096—

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.

See Salem Art Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Uses art to boost creativity, improve lives, and build a stronger community.

Questions for Salem Art Association

Tap to ask. Salem Art Association sees how many people are interested.

Your first name shows with your question. Salem Art Association answers here, for everyone.

3 programs · $535K · in their own filed words · FY2024
01

For more than 75 years, the salem art association has been presenting the annual salem art fair & festival as an integral part of the region's cultural calendar. The event draws between 15,000 and 25,000 people each year.

$289Kprogram expense
02

Located in historic bush's pasture park, the bush barn art center features three galleries, a gift gallery, and a permanent collection. The A.N. Bush gallery presents major interpretive exhibitions of regional, national, and international artists.

$190Kprogram expense
03

The salem art association's community arts education program aims to support a broad range of dynamic local arts projects. Most notably, cae engages thousands of students, administrators, teachers and parents each year through our artists in the schools initiative and the high school mentorship program.

$56Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 2 grants · $49K · 2020–2020
Bush House MuseumOR · FY2020$46,891

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$795K
Ln 12
Gifts and grantsLn 1h$481K
Fees for servicesLn 2g$262K
Other incomeLn 4–11$52K
Money outPt IX
$827K
Ln 25
Programscol B$576K
Managementcol C$114K
Fundraisingcol D$137K
Owns and owesPt X
$492K
net assets · Ln 32
Cash and savingsLn 1–2$106K
Total assetsLn 16$565K
LiabilitiesLn 26$73K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$481K
Government grantsLn 1e$70K
Noncash giftsLn 1g$7K
Fundraising eventsLn 1c$2K
Fees for servicesLn 2g$262K
Investment incomeLn 3$499
Other incomeLn 4–11$52K
Total revenueLn 12$795K
Assets in detailPt X, end of year
CashLn 1$45K
SavingsLn 2$61K
Cash and savings togetherLn 1–2$106K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$453K
Total assetsLn 16$565K
LiabilitiesLn 26$73K
Net assetsLn 32$492K
OperationsPt I, VI
EmployeesI 522
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$7K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$113K$106K
Land, buildings, equipmentLn 10c$1K$0
Total assetsLn 16$574K$565K
LiabilitiesLn 26$51K$73K
Net assetsLn 32$523K$492K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$51K$36K$5K$10K
Other salaries and wagesLn 7$353K$230K$35K$88K
Other employee benefitsLn 9$28K$18K$3K$7K
Payroll taxesLn 10$36K$24K$4K$9K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$57K$52K$5K$56
Advertising and promotionLn 12$40K$37K$3K
Office expensesLn 13$52K$17K$16K$19K
Information technologyLn 14$2K$2K
OccupancyLn 16$63K$49K$14K
TravelLn 17$690$690
Conferences, conventions and meetingsLn 19$6K$5K$168$72
InterestLn 20$5K$5K
Depreciation, depletion and amortizationLn 22$1K$1K$4$4
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$106K$105K$260$173
Total functional expensesLn 25$827K$576K$114K$137K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 13, 2025 $795K$827K−$31K$492K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $994K$1.2M−$231K$523K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $1.1M$1.0M$115K$646K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $459K$609K−$150K$531K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $600K$557K$42K$683K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $795,289 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $652,465$481,383
I-9 Program service revenuePrior year $295,943$261,819
I-10 Investment incomePrior year $6,065$499
I-11 Other revenuePrior year $39,209$51,588
I-12 Total revenuePrior year $993,682$795,289
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $540,169$468,989
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $684,524$357,517
I-18 Total expensesPrior year $1,224,693$826,506
I-19 Revenue less expensesPrior year −$231,011−$31,217
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $795,289 across 13 lines filed
Lines not itemized here account for $33,003 of total revenue; see the IRS return.
VIII-1b Membership dues$37,224
VIII-1c Fundraising events$2,172
VIII-1d Related organizations$45,000
VIII-1e Government grants$70,385
VIII-1f All other contributions, gifts and grants$326,602
VIII-1g Noncash contributions (included above)$7,359
VIII-1h Total contributions, gifts and grants$481,383
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $261,819$261,819
VIII-3 Investment incomeExcluded from tax $499$499
VIII-6 Net rental income or lossRelated to mission $75$75
VIII-8 Net income from fundraising eventsExcluded from tax −$840−$840
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $19,350$19,350
VIII-12 Total revenueRelated to mission $309,812 · Unrelated business $0 · Excluded from tax $4,094$795,289
Part IX · Statement of functional expenses $826,506 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $35,989 · Management $5,141 · Fundraising $10,282$51,412
IX-7 Other salaries and wagesPrograms $229,788 · Management $35,337 · Fundraising $88,246$353,371
IX-9 Other employee benefitsPrograms $18,011 · Management $2,771 · Fundraising $6,927$27,709
IX-10 Payroll taxesPrograms $23,957 · Management $3,650 · Fundraising $8,890$36,497
IX-11c Accounting feesManagement $9,853$9,853
IX-11g Other fees for servicesPrograms $52,258 · Management $4,985 · Fundraising $56$57,299
IX-12 Advertising and promotionPrograms $36,722 · Fundraising $3,036$39,758
IX-13 Office expensesPrograms $17,221 · Management $15,609 · Fundraising $19,078$51,908
IX-14 Information technologyManagement $1,540$1,540
IX-16 OccupancyPrograms $49,168 · Management $13,506$62,674
IX-17 TravelPrograms $690$690
IX-19 Conferences, conventions and meetingsPrograms $5,387 · Management $168 · Fundraising $72$5,627
IX-20 InterestManagement $4,634$4,634
IX-22 Depreciation, depletion and amortizationPrograms $1,354 · Management $4 · Fundraising $4$1,362
IX-23 InsuranceManagement $16,554$16,554
IX-24 Other expenses (24a–d)Programs $105,185 · Management $260 · Fundraising $173$105,618
IX-25 Total functional expensesPrograms $575,730 · Management $114,012 · Fundraising $136,764$826,506
Part X · Balance sheet $564,661 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $113,080$45,323
X-2 Savings and temporary cash investmentsStart of year $385$60,543
X-8 Inventories for sale or useStart of year $6,270$6,270
X-10c Land, buildings and equipment, netStart of year $1,361$0
X-15 Other assetsStart of year $452,525$452,525
X-16 Total assetsStart of year $573,921$564,661
X-17 Accounts payable and accrued expensesStart of year $49,817$70,254
X-25 Other liabilitiesStart of year $0$2,520
X-26 Total liabilitiesStart of year $50,817$72,774
X-27 Net assets without donor restrictionsStart of year $59,838$39,098
X-28 Net assets with donor restrictionsStart of year $463,266$452,789
X-32 Total net assets or fund balancesStart of year $523,104$491,887
X-33 Total liabilities and net assetsStart of year $573,921$564,661
Part XI · Reconciliation of net assets $491,887 net assets at year end
XI-1 Total revenue$795,289
XI-2 Total expenses$826,506
XI-3 Revenue less expenses−$31,217
XI-4 Net assets at start of year$523,104
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$491,887

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.