THE VISUAL ARTS CENTER OF RICHMOND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE VISUAL ARTS CENTER OF RICHMOND (EIN 54-0721433)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-12-16
IRS object ID
202423519349300952
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-12-16T08:34:40-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN201485301PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MEADOWS URQUHART ACREE & COOK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11802 BAYBERRY CT 102AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP232263773ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN540721433EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE VISUAL ARTS CENTER OF RICHMONDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVISUBusinessNameControlTxt
Phone8043530094PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11812 WEST MAIN STREETAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23220ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJORDAN BROWNPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8043530094PhoneNum
Signature2024-11-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID C ACREE CPAPreparerPersonNm
PTINP00485825PTIN
Phone8042495786PhoneNum
Preparation2024-12-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJORDAN BROWNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11812 WEST MAIN STREETAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23220ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,857,270GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VISARTS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTHE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee54TotalEmployeeCnt
Total Volunteers395TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,122,614PYContributionsGrantsAmt
CY Contributions Grants$872,627CYContributionsGrantsAmt
PY Program Service Revenue$1,701,104PYProgramServiceRevenueAmt
CY Program Service Revenue$1,877,182CYProgramServiceRevenueAmt
PY Investment Income-$27,770PYInvestmentIncomeAmt
CY Investment Income$30,201CYInvestmentIncomeAmt
PY Other Revenue$47,090PYOtherRevenueAmt
CY Other Revenue$56,180CYOtherRevenueAmt
PY Total Revenue$2,843,038PYTotalRevenueAmt
CY Total Revenue$2,836,190CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,758,750PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,862,437CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$486,490CYTotalFundraisingExpenseAmt
PY Other Expenses$1,330,034PYOtherExpensesAmt
CY Other Expenses$1,310,643CYOtherExpensesAmt
PY Total Expenses$3,088,784PYTotalExpensesAmt
CY Total Expenses$3,173,080CYTotalExpensesAmt
PY Revenues Less Expenses-$245,746PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$336,890CYRevenuesLessExpensesAmt
Total Assets BOY$5,884,531TotalAssetsBOYAmt
Total Assets EOY$5,649,930TotalAssetsEOYAmt
Total Liabilities BOY$389,915TotalLiabilitiesBOYAmt
Total Liabilities EOY$433,061TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,494,616NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,216,869NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,284,155ExpenseAmt
Revenue$1,402,120RevenueAmt
DescEDUCATION: STUDIO CLASS PROGRAMS - FOR YOUTH AND ADULTS TO ENCOURAGE INDIVIDUAL EXPRESSION, SELF-DISCIPLINE, FOCUS AND CREATIVE EXPLORATION. RICHMOND, VA PUBLIC SCHOOL STUDENTS (ELEMENTARY & MIDDLE) RECEIVE FREE ART CLASSES AFTER SCHOOL. WE ALSO OFFER FREE PROGRAMMING FOR SENIORS AND SCHOLARSHIPS FOR PARTICIPANTS IN NEED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$531,185ExpenseAmt
Revenue$462,737RevenueAmt
DescSPECIAL EVENTS INCLUDING CRAFT & DESIGN SHOW AND OTHER SPECIAL PROGRAMS - SHOWCASE WORKS BY PROFESSIONAL ARTISTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$231,880ExpenseAmt
DescEXHIBITION PROGRAM - PRESENTS CONTEMPORARY ART THAT MODELS CREATIVE EXCELLENCE. FREE AND OPEN TO THE GENERAL PUBLIC.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$341,720ExpenseAmt
Revenue$12,325RevenueAmt
DescOUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$341,720TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$12,325TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,388,940TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document152IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee54EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHE VISUAL ARTS CENTER OF RICHMONDPersonNm
Phone8043530094PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11812 WEST MAIN STREETAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23220ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JORDAN BROWN
EXECUTIVE DI40.00Yes (X)$100,000$0$5,892
KATE ACKERLY
CHAIR1.00Yes (X)$0$0$0Yes (X)
JENNY BASSETT
DIRECTOR1.00$0$0$0Yes (X)
CAPRICE BRAGG
DIRECTOR1.00$0$0$0Yes (X)
JULIA CARR
DIRECTOR1.00$0$0$0Yes (X)
MARCIA COLLIER
DIRECTOR1.00$0$0$0Yes (X)
BRYAN DEFINO
DIRECTOR1.00$0$0$0Yes (X)
SANFORD SANDY BOND FAIA
DIRECTOR1.00$0$0$0Yes (X)
ANNE FLETCHER
DIRECTOR1.00$0$0$0Yes (X)
REBECCA GRAY
DIRECTOR1.00$0$0$0Yes (X)
STEVE HUMBLE
DIRECTOR1.00$0$0$0Yes (X)
ZACHARY P HUNT
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
KAREN KELLY
DIRECTOR1.00$0$0$0Yes (X)
VIRGINIA GINNY LEWIS
DIRECTOR1.00$0$0$0Yes (X)
SUE ANN SAM MESSMER
DIRECTOR1.00$0$0$0Yes (X)
DIANNE NORDT
DIRECTOR1.00$0$0$0Yes (X)
SUSAN PARISH
DIRECTOR1.00$0$0$0Yes (X)
CAITLIN PORADA
TREASURER1.00Yes (X)$0$0$0Yes (X)
ANNA POWERS
DIRECTOR1.00$0$0$0Yes (X)
PATRICK DE RIDDER
DIRECTOR1.00$0$0$0Yes (X)
DIEGO SANCHEZ
DIRECTOR1.00$0$0$0Yes (X)
JANE SPER
DIRECTOR1.00$0$0$0Yes (X)
EDDIE TERZIMEHIC
DIRECTOR1.00$0$0$0Yes (X)
CLARE TILTON
DIRECTOR1.00$0$0$0Yes (X)
NORVELL WHITAKER
DIRECTOR1.00$0$0$0Yes (X)
JEFF WILSON
SECRETARY1.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$100,000TotalReportableCompFromOrgAmt
Total Other Compensation$5,892TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$105,390MembershipDuesAmt
Government Grants$93,591GovernmentGrantsAmt
All Other Contributions$673,646AllOtherContributionsAmt
Total Contributions$872,627TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611710$1,402,120$1,402,120
SPECIAL EVENTS561499$462,737$462,737
STUDIO RENTAL532000$12,325$12,325
FieldValueIRS element (for citing)
Total Program Service Revenue$1,877,182TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,458TotalRevenueColumnAmt
Exclusion$28,458ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$41,591RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$41,591RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,591TotalRevenueColumnAmt
Exclusion$41,591ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,832SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$89SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,743SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,743TotalRevenueColumnAmt
Exclusion$1,743ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$35,580GrossSalesOfInventoryAmt
Cost Of Goods Sold$20,991CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,589TotalRevenueColumnAmt
Related Or Exempt Func Income$14,589RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,836,190TotalRevenueColumnAmt
Related Or Exempt Func Income$1,891,771RelatedOrExemptFuncIncomeAmt
Exclusion$71,792ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$105,893TotalAmt
Program Services$81,537ProgramServicesAmt
Management And General$5,295ManagementAndGeneralAmt
Fundraising$19,061FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,586,122TotalAmt
Program Services$1,221,314ProgramServicesAmt
Management And General$79,306ManagementAndGeneralAmt
Fundraising$285,502FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,789TotalAmt
Program Services$4,458ProgramServicesAmt
Management And General$289ManagementAndGeneralAmt
Fundraising$1,042FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$86,096TotalAmt
Program Services$66,294ProgramServicesAmt
Management And General$4,305ManagementAndGeneralAmt
Fundraising$15,497FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$78,537TotalAmt
Program Services$60,473ProgramServicesAmt
Management And General$3,927ManagementAndGeneralAmt
Fundraising$14,137FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,530TotalAmt
Program Services$1,112ProgramServicesAmt
Management And General$141ManagementAndGeneralAmt
Fundraising$277FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$65,490TotalAmt
Program Services$47,608ProgramServicesAmt
Management And General$6,017ManagementAndGeneralAmt
Fundraising$11,865FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$231,849TotalAmt
Program Services$168,544ProgramServicesAmt
Management And General$21,300ManagementAndGeneralAmt
Fundraising$42,005FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$55,735TotalAmt
Program Services$31,511ProgramServicesAmt
Management And General$24,224ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$43,882TotalAmt
Program Services$39,163ProgramServicesAmt
Management And General$4,680ManagementAndGeneralAmt
Fundraising$39FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$54,932TotalAmt
Program Services$39,933ProgramServicesAmt
Management And General$5,047ManagementAndGeneralAmt
Fundraising$9,952FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$238,781TotalAmt
Program Services$173,582ProgramServicesAmt
Management And General$21,937ManagementAndGeneralAmt
Fundraising$43,262FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$165,002TotalAmt
Program Services$132,003ProgramServicesAmt
Management And General$8,249ManagementAndGeneralAmt
Fundraising$24,750FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,508TotalAmt
Program Services$15,635ProgramServicesAmt
Management And General$1,976ManagementAndGeneralAmt
Fundraising$3,897FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM SUPPLIES$209,197$127,008$82,189
MEALS & ENTERTAINMENT$128,692$114,495$13,988$209
OTHER SUPPLIES$78,400$56,993$7,203$14,204
LICENSES & FEES$7,656$5,867$1,789

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,989TotalAmt
Program Services$1,410ProgramServicesAmt
Management And General$5,788ManagementAndGeneralAmt
Fundraising$791FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,173,080TotalAmt
Program Services$2,388,940ProgramServicesAmt
Management And General$297,650ManagementAndGeneralAmt
Fundraising$486,490FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$538,555BOYAmt
EOY$191,108EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$2,500EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$18,016BOYAmt
EOY$10,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$150BOYAmt
EOY$20,036EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$24,143BOYAmt
EOY$33,836EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,543,225LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,680,600LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,000,732BOYAmt
EOY$3,862,625EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,302,935BOYAmt
EOY$1,529,825EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,884,531BOYAmt
EOY$5,649,930EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$153,540BOYAmt
EOY$139,781EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$236,375BOYAmt
EOY$293,280EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$389,915BOYAmt
EOY$433,061EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,577,840BOYAmt
EOY$4,287,735EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$916,776BOYAmt
EOY$929,134EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,494,616BOYAmt
EOY$5,216,869EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,884,531BOYAmt
EOY$5,649,930EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$336,890ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$59,143NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$987,983CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,369,119CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$937,481CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,122,614CurrentTaxYearMinus1YearAmt
Current Tax Year$872,627CurrentTaxYearAmt
Total$5,289,824TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$987,983CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,369,119CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$937,481CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,122,614CurrentTaxYearMinus1YearAmt
Current Tax Year$872,627CurrentTaxYearAmt
Total$5,289,824TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,093,536SubstantialContributorsTotAmt
Public Support Total170$4,196,288PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46,801CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,490CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,075CurrentTaxYearMinus1YearAmt
Current Tax Year$70,049CurrentTaxYearAmt
Total$229,000TotalAmt
FieldValueIRS element (for citing)
Total Support$5,518,824TotalSupportAmt
Gross Receipts Rltd Activities$7,135,467GrossReceiptsRltdActivitiesAmt
Public Support CY1700.76040PublicSupportCY170Pct
Public Support PY1700.76730PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$796,986BeginningYearBalanceAmt
Contributions$25,500ContributionsAmt
Investment Earnings Or Losses$52,022InvestmentEarningsOrLossesAmt
Other Expenditures$37,374OtherExpendituresAmt
End Year Balance$837,134EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$836,861BeginningYearBalanceAmt
Investment Earnings Or Losses$10,180InvestmentEarningsOrLossesAmt
Other Expenditures$50,055OtherExpendituresAmt
End Year Balance$796,986EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$858,869BeginningYearBalanceAmt
Investment Earnings Or Losses$12,349InvestmentEarningsOrLossesAmt
Other Expenditures$34,357OtherExpendituresAmt
End Year Balance$836,861EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$658,624BeginningYearBalanceAmt
Investment Earnings Or Losses$233,800InvestmentEarningsOrLossesAmt
Other Expenditures$33,555OtherExpendituresAmt
End Year Balance$858,869EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$679,792BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Investment Earnings Or Losses-$13,041InvestmentEarningsOrLossesAmt
Other Expenditures$33,127OtherExpendituresAmt
End Year Balance$658,624EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$513,744OtherCostOrOtherBasisAmt
Book Value$513,744BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,596,191OtherCostOrOtherBasisAmt
Depreciation$2,294,974DepreciationAmt
Book Value$3,301,217BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$280,738OtherCostOrOtherBasisAmt
Depreciation$243,087DepreciationAmt
Book Value$37,651BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$152,552OtherCostOrOtherBasisAmt
Depreciation$142,539DepreciationAmt
Book Value$10,013BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,862,625TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (8 entries)

DescDescBook ValueBookValueAmt
THE 1812 FUND$692,691
THE IMAGINE FUND$390,086
JO B KENNEDY FUND$219,218
C. WEINSTEIN CRTV WRTG ENDWMNT$70,232
SHELLY SHEPHERD MASTER TEACHER$60,681
LESLIE SHIEL SCHOLARSHIP$38,757
VISUAL ARTS SCHOLARSHIP FUND$32,637
SUSAN MEYERS ENDOWMENT FUND$25,523
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,529,825TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,991,662TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$59,143NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$96,329DonatedServicesAndUseFcltsAmt
Revenue Not Reported$155,472RevenueNotReportedAmt
Revenue Subtotal$2,836,190RevenueSubtotalAmt
Total Revenue Per Form990$2,836,190TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,269,409TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$96,329DonatedServicesUseFcltsAmt
Expenses Not Reported$96,329ExpensesNotReportedAmt
Expenses Subtotal$3,173,080ExpensesSubtotalAmt
Total Expenses Per Form990$3,173,080TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4ON MARCH 17, 2010, THE CENTER'S BOARD OF DIRECTORS ENTERED INTO AN AGREEMENT WITH THE COMMUNITY FOUNDATION (TCF) TO CREATE AGENCY FUNDS AS DESCRIBED UNDER FASB ASC 958, NOT-FOR-PROFIT ENTITIES (FORMERLY FASB STANDARD NO. 136, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT CENTER OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS). THE FUNDS WERE TITLED THE IMAGINE FUND FOR THE VISUAL ARTS CENTER OF RICHMOND, THE JO BOWMAN KENNEDY ENDOWMENT FUND, THE CAROLE WEINSTEIN ENDOWMENT FOR CREATIVE WRITING FUND, AND THE LESLIE SHIEL SCHOLARSHIP IN CREATIVE WRITING FUND. THE JO BOWMAN KENNEDY ENDOWMENT FUND IS A PERMANENTLY RESTRICTED ENDOWMENT CREATED TO HONOR JO BOWMAN KENNEDY, THE CENTER'S FORMER PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE CAROLE WEINSTEIN ENDOWMENT FOR CREATIVE WRITING FUND AND THE LESLIE SHIEL SCHOLARSHIP IN CREATIVE WRITING FUND WERE DONOR RESTRICTED FUNDS SET ASIDE FOR FUTURE DONOR STIPULATED PURPOSES AND THE IMAGINE FUND CONSISTS OF FUNDS WITH NO DONOR IMPOSED RESTRICTIONS. ON JULY 15, 2011 A GIFT WAS RECEIVED TO SET UP AN ADDITIONAL FUND CALLED THE SHELLY SHEPHERD MASTER TEACHER AWARD ENDOWMENT. DUE TO THE TERMS OF THE AGREEMENT WITH TCF ALL OF THESE FUNDS ARE DESIGNATED AS DONOR RESTRICTED. ON JANUARY 21, 2020 A GIFT WAS RECEIVED TO SET UP A FUND CALLED THE ENDOWMENT FUND FOR SCHOLARSHIPS. DUE TO THE TERMS OF THE AGREEMENT WITH TCF, ALL OF THESE FUNDS ARE DESIGNATED AS DONOR RESTRICTED.
SCHEDULE D, PAGE 3, PART XTHE CENTER IS A VIRGINIA NOT-FOR-PROFIT CORPORATION WHICH IS NOT CLASSIFIED AS A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CENTER HAS CONCLUDED THAT IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2024 OR 2023.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DOUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING.
FORM 990, PAGE 6, PART VI, LINE 11BELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CALL RESPONSIBLE PERSONS ARE REQUIRED TO ACKNOWLEDGE REVIEW OF POLICY IN WRITING AND COMPLETE AN ANNUAL DISCLOSURE. POLICY IS REVIEWED ANNUALLY BY BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 15AEXECUTIVE DIRECTOR'S SALARY DETERMINED BY ANNUAL REVIEW OF BOARD OF DIRECTORS COMMITTEE.
FORM 990, PAGE 6, PART VI, LINE 15BEXECUTIVE DIRECTOR ANNUALLY REVIEWS KEY EMPLOYEES AND ADJUSTS SALARIES AS CONSIDERED NECESSARY.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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