Civic Intelligence

Cherokee Art Endowment Corporation

EIN 27-0238981 • 501(c)3 • Atlanta, GA

Profile

To acquire, conserve, maintain, promote and display historically significant works of art, including but not limited to those depicting the history of the game of golf, for charitable and educational purposes.

155 West Paces Ferry Road NWAtlanta, GA 30305-1365

www.artatcherokee.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

38th percentile

0.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

53rd percentile

4.5%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

94th percentile

166%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,627,318

Up $70,144 (+4.5%) from 2024

Liabilities

Down

$2,521

Down $2,364 (-48%) from 2024

Net Assets

Up

$1,624,797

Up $72,508 (+4.7%) from 2024

Revenue

Up

$86,091

Up $53,684 (+166%) from 2024

Expenses

Down

$13,583

Down $15,270 (-53%) from 2024

Net Income

Up

$72,508

Up $68,954 (+1940%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $433,545Liabilities 2012: $10,512Net Assets 2012: $423,0332012Assets 2013: $927,023Liabilities 2013: $1,465Net Assets 2013: $925,5582013Assets 2014: $931,168Liabilities 2014: $186Net Assets 2014: $930,9822014Assets 2015: $981,172Liabilities 2015: $184Net Assets 2015: $980,9882015Assets 2017: $1,183,094Liabilities 2017: $10,218Net Assets 2017: $1,172,8762017Assets 2018: $1,211,525Liabilities 2018: $0Net Assets 2018: $1,211,5252018Assets 2019: $1,278,407Liabilities 2019: $15,274Net Assets 2019: $1,263,1332019Assets 2020: $1,309,048Liabilities 2020: $0Net Assets 2020: $1,309,0482020Assets 2021: $1,434,594Liabilities 2021: $0Net Assets 2021: $1,434,5942021Assets 2022: $1,461,874Liabilities 2022: $2,545Net Assets 2022: $1,459,3292022Assets 2023: $1,558,894Liabilities 2023: $10,159Net Assets 2023: $1,548,7352023Assets 2024: $1,557,174Liabilities 2024: $4,885Net Assets 2024: $1,552,2892024Assets 2025: $1,627,318Liabilities 2025: $2,521Net Assets 2025: $1,624,7972025

Highlighted filing

2025

Assets$1,627,318
Liabilities$2,521
Net Assets$1,624,797

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2012: $36,853Expenses 2012: $6,127Net Income 2012: $30,7262012Expenses 2013: $4,7802013Revenue 2014: $8,915Expenses 2014: $3,491Net Income 2014: $5,4242014Revenue 2015: $54,359Expenses 2015: $4,353Net Income 2015: $50,0062015Revenue 2017: $192,454Expenses 2017: $14,672Net Income 2017: $177,7822017Revenue 2018: $47,108Expenses 2018: $8,459Net Income 2018: $38,6492018Revenue 2019: $56,901Expenses 2019: $5,293Net Income 2019: $51,6082019Revenue 2020: $51,255Expenses 2020: $5,340Net Income 2020: $45,9152020Revenue 2021: $139,225Expenses 2021: $13,679Net Income 2021: $125,5462021Revenue 2022: $32,051Expenses 2022: $7,316Net Income 2022: $24,7352022Revenue 2023: $120,590Expenses 2023: $31,184Net Income 2023: $89,4062023Revenue 2024: $32,407Expenses 2024: $28,853Net Income 2024: $3,5542024Revenue 2025: $86,091Expenses 2025: $13,583Net Income 2025: $72,5082025

Highlighted filing

2025

Revenue$86,091
Expenses$13,583
Net Income$72,508

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.62$0.09$0.01$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.55$0.03$0.03$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$0.12$0.03$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.03$0.01$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$0.14$0.01$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.05$0.01$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.28$0.02$1.26$0.06$0.01$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.05$0.01$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.18$0.01$1.17$0.19$0.01$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.05$0.00$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.01$0.00$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.01$0.42$0.04$0.01$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Jan 14, 2026
Return Version
2024v5.5
Gross Receipts
$100,015
Mission and Program Overview

Mission

To acquire, conserve, maintain, promote and display historically significant works of art, including but not limited to those depicting the history of the game of golf, for charitable and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,759$28,911▼ $2,848
Accounts Receivable$0$18,096▲ $18,096
Inventories for Sale or Use$3,885$0▼ $3,885
Total Assets$1,557,174$1,627,318▲ $70,144
Other Assets Total$1,521,530$1,580,311▲ $58,781
Liabilities
Accounts Payable and Accrued Expenses$4,885$2,521▼ $2,364
Total Liabilities$4,885$2,521▼ $2,364
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,552,289$1,624,797▲ $72,508
Total Net Assets Fund Balance$1,552,289$1,624,797▲ $72,508
Total Liabilities and Net Assets / Fund Balance$1,557,174$1,627,318▲ $70,144

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,580,311--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve ByerlyPresident
Kim RobinsonVice President
Carlene ElsnerTrustee
John HermanTrustee
Judy BentleyTrustee
Kraig GadsbyTrustee
Lisa MottoTrustee
Margaret HathawayTrustee
Mary Beth EstesTrustee
Phil SadlerTrustee
Steve WrayTrustee
Wendy JacksonSecretary
Robert BuckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$92,865
Program Service Revenue
$0
Investment Income
$-3,885
Other Revenue
$-2,889
All Other Contributions
$85,715
Change in Net Assets
$72,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,583
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$4,455--$4,455
Conferences and Meetings$859--$859
Other Expenses$308--$308
Total Functional Expenses$13,583$0$0$13,583
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,039
Fundraising Gross Income$7,150
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The cfo distributes a copy of the draft 990 to the board and solicits any questions or comments.

Form 990, Part VI, Section B, Line 12C

Officers, directors, trustees, and key employees are annually required to complete and sign a conflict of interest disclosure form.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are maintained by an employee of the cherokee town and country club, a section 501(c)(7) social club, who donates certain viewing space and services to caec. Inspection of such documents are arranged through appointement with this designated employee.

Filing and Contact Details

Filer

Filer Name
Cherokee Art Endowment Corporation
EIN
27-0238981
Phone
4043651200
Address
155 WEST PACES FERRY ROAD NW, ATLANTA, GA 30305-1365

Signing Officer

Name
Steve Byerly
Title
President
Phone
4043651200
Signed
2026-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Byerly
Formed
2009
Legal Domicile
Ga
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
15

Preparer

Firm
Frazier & Deeter Advisory LLC
Address
1230 PEACHTREE STREET NE SUITE 1500, ATLANTA, GA 30309
Preparer
Thomas R Burton Iii
Phone
4042537500
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

The organization owns approximately 555 pieces of art, including paintings, sculptures, photographs, and other historically significant golf memorabilia (the "collection"), which is on display regularly for public viewing. The collection is also used for educational purposes and is made available for public viewing through schedule art education and appreciation programs offered to local k-12 schools, colleges, universities and public museums. The collection remains available for public viewing through scheduled art education and appreciation programs offered to educational instituations, as well as other events hosted by non-profit organizations. The mission of the organization is to find and purchase original art and artifacts to continue to enhance the legacy of golf for many generations to come.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PrincipalOfficerNm0STEVE BYERLY
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt032407
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt072508
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt092865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032407
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0120590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0139225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0417138
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62710
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032051
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0139225
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0417138
IRS990ScheduleA/TotalSupportAmt0417138
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt01580311
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt0100015
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01580311
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ARTWORK
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OWNS APPROXIMATELY 555 PIECES OF ART, INCLUDING PAINTINGS, SCULPTURES, PHOTOGRAPHS, AND OTHER HISTORICALLY SIGNIFICANT GOLF MEMORABILIA (THE "COLLECTION"), WHICH IS ON DISPLAY REGULARLY FOR PUBLIC VIEWING. THE COLLECTION IS ALSO USED FOR EDUCATIONAL PURPOSES AND IS MADE AVAILABLE FOR PUBLIC VIEWING THROUGH SCHEDULE ART EDUCATION AND APPRECIATION PROGRAMS OFFERED TO LOCAL K-12 SCHOOLS, COLLEGES, UNIVERSITIES AND PUBLIC MUSEUMS. THE COLLECTION REMAINS AVAILABLE FOR PUBLIC VIEWING THROUGH SCHEDULED ART EDUCATION AND APPRECIATION PROGRAMS OFFERED TO EDUCATIONAL INSTITUATIONS, AS WELL AS OTHER EVENTS HOSTED BY NON-PROFIT ORGANIZATIONS. THE MISSION OF THE ORGANIZATION IS TO FIND AND PURCHASE ORIGINAL ART AND ARTIFACTS TO CONTINUE TO ENHANCE THE LEGACY OF GOLF FOR MANY GENERATIONS TO COME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01580311
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CFO DISTRIBUTES A COPY OF THE DRAFT 990 TO THE BOARD AND SOLICITS ANY QUESTIONS OR COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MAINTAINED BY AN EMPLOYEE OF THE CHEROKEE TOWN AND COUNTRY CLUB, A SECTION 501(C)(7) SOCIAL CLUB, WHO DONATES CERTAIN VIEWING SPACE AND SERVICES TO CAEC. INSPECTION OF SUCH DOCUMENTS ARE ARRANGED THROUGH APPOINTEMENT WITH THIS DESIGNATED EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHEROKEE TOWN AND COUNTRY CLUB INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0580659988
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0155 WEST PACES FERRY ROAD NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030305
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01557174
IRS990/TotalAssetsEOYAmt01627318
IRS990/TotalAssetsGrp/BOYAmt01557174
IRS990/TotalAssetsGrp/EOYAmt01627318
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt092865
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt013583
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-2889
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-3885
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt086091
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0155 WEST PACES FERRY ROAD NW
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd0303051365
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.ARTATCHEROKEE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE BYERLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04043651200

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