Cooperstown Art Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Located at 22 Main Street in Cooperstown, the Cooperstown Art Association was formed in 1928 by a group of six professional artists to serve and maintain interest in the applied and fine arts and to provide the means to increase the community's awareness and participation in the arts. We wish to nurture the development of both artists and audience in all media and to educate the youth in the surrounding community. The CAA exhibits approximately 20 shows a year, featuring a cross-section of styles and abilities and bringing in a multitude of artists and patrons. We offer classes, demonstrations and lectures throughout the year along with our ongoing figure drawing class.Special events like Fine Arts on the Lawn the Pumpkin Glow and Chamber of Horrors and the Adorn-a-Door Wreath Festival have become established beloved traditions in this community and beyond. In addition the CAA also sponsors and co-sponsors special programming like artist studio tours, art film series, theatrical produc
- Income
- $287,515
- Spending
- $369,798
- Spent on programs
- 80%
- Reserves
- 54.5 months of spending
- Largest source of income
- donations and private grants, 46%
- Employees
- 5
- Volunteers
- 20
- Highest pay
- $67,392, executive direc
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 41% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 54.5 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
0 of 15Spending exceeded income by 29% of income.
Income trend
0 of 15Income fell 53% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 87% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $285,314 spent. COOPERSTOWN ART ASSOCIATION EXHIBITION: The CAA exhibits approximately 20 shows a year, featuring a cross-section of styles and abilities and bringing in a multitude of artists and patrons.
- $8,649 spent. EDUCATION: PRESENTING AND TEACHING ART TO THE PUBLIC TO NURTURE THE DEVELOPMENT OF BOTH ARTISTS AND AUDIENCE IN ALL MEDIA AND TO EDUCATE THE YOUTH IN THE SURROUNDING COMMUNITY.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1957.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.