Case Study: North Carolina Museum of Art achieves seamless multi-source budgeting and timely financial reporting with SAS Financial Management

North Carolina Museum of Art can respond quickly, knowledgeably to budgetary questions

The North Carolina Museum of Art, which manages a $17 million annual operating budget and multiple revenue streams (retail, food service, ticketing, membership, state and private funding), struggled with disparate systems, spreadsheet-based budgets and stale quarterly reports. Tracking 25 cost centers, 150 projects (including multiyear collaborations) and planning for an $85 million expansion that required an eight-month closure made it difficult to consolidate finances, monitor reserves or answer budget questions quickly.

The museum implemented SAS Financial Management for enterprise planning, budgeting, consolidation and reporting, enabling top-down budget allocations, consolidation across legal entities and timely monthly reporting. With six power users and about 30 staff access, leaders can now see budget vs. actual quickly, respond faster to variances, plan strategically for multiyear projects and the renovation shutdown, and realize cost savings from better-informed decisions.

North Carolina Museum of Art

Caterri Woodrum

Chief Deputy Director and Chief Financial Officer