THE VISUAL ARTS CENTER OF RICHMOND: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: THE VISUAL ARTS CENTER OF RICHMOND (EIN 54-0721433)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-11-13
IRS object ID: 201313179349301771
Schema version: 2012v2.3
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-13T09:25:46-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HARRIS HARDY & JOHNSTONE PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9201 ARBORETUM PKWY STE 200	AddressLine1
City	RICHMOND	City
State	VA	State
ZIP Code	23236	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	540721433	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE VISUAL ARTS CENTER OF RICHMOND	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VISU	NameControl
Phone	8043530094	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1812 WEST MAIN STREET	AddressLine1
City	RICHMOND	City
State	VA	State
ZIP Code	23220	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	AVA SPECE	Name
Title	PRESIDENT & CEO	Title
Phone	8043530094	Phone
Date Signed	2013-11-06	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	N DOUGLAS HENLEY	Name
Phone	8045600560	Phone
Date Prepared	2013-11-11	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	AVA SPECE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1812 WEST MAIN STREET	AddressLine1
City	RICHMOND	City
State	VA	State
ZIP Code	23220	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1647058	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.VISARTS.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1963	YearFormation
State Legal Domicile	VA	StateLegalDomicile
Activity Or Mission Description	THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	22	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	22	NbrIndependentVotingMembers
Total Nbr Employees	27	TotalNbrEmployees
Total Nbr Volunteers	175	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	619946	ContributionsGrantsPriorYear
Contributions Grants Current Year	695212	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	969654	ProgramServiceRevenuePriorYear
Program Service Revenue CY	941763	ProgramServiceRevenueCY
Investment Income Prior Year	14096	InvestmentIncomePriorYear
Investment Income Current Year	5812	InvestmentIncomeCurrentYear
Other Revenue Prior Year	7621	OtherRevenuePriorYear
Other Revenue Current Year	2555	OtherRevenueCurrentYear
Total Revenue Prior Year	1611317	TotalRevenuePriorYear
Total Revenue Current Year	1645342	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	702497	SalariesEtcPriorYear
Salaries Etc Current Year	734684	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	174822	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1061715	OtherExpensePriorYear
Other Expenses Current Year	1136109	OtherExpensesCurrentYear
Total Expenses Prior Year	1764212	TotalExpensesPriorYear
Total Expenses Current Year	1870793	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-152895	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-225451	RevenuesLessExpensesCY
Total Assets BOY	5536985	TotalAssetsBOY
Total Assets EOY	5405188	TotalAssetsEOY
Total Liabilities BOY	246727	TotalLiabilitiesBOY
Total Liabilities EOY	273118	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	5290258	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5132070	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	918546	Expense
Description	EDUCATION: 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.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	271282	Expense
Description	SPECIAL EVENTS INCLUDING CRAFT & DESIGN SHOW AND OTHER SPECIAL PROGRAMS - SHOWCASE WORKS BY PROFESSIONAL ARTISTS.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	215835	Expense
Description	EXHIBITION PROGRAM - PRESENTS CONTEMPORARY ART THAT MODELS CREATIVE EXCELLENCE. FREE AND OPEN TO THE GENERAL PUBLIC.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	177290	Expense
Description	OUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	177290	TotalOfOtherProgramServiceExp
Total Program Service Expense	1582953	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	113	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	27	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	22	NbrVotingGoverningBodyMembers
Number Independent Voting Members	22	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	VA	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	THE ORGANIZATION	NamePerson
Telephone Number	8043530094	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1812 W MAIN STREET	AddressLine1
City	RICHMOND	City
State	VA	State
ZIP Code	23220	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (23 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
AVA SPECE
CEO	40.00	X	X	85939	0	0
RIC ARENSTEIN
DIRECTOR	1.00	X		0	0	0
PRISCILLA BURBANK
DIRECTOR	1.00	X		0	0	0
ANN BRADSHAW
DIRECTOR	1.00	X		0	0	0
DAVID GALLAGHER
DIRECTOR	1.00	X		0	0	0
JOEL MIER
DIRECTOR	1.00	X		0	0	0
ANDERSON MCNEILL
DIRECTOR	1.00	X		0	0	0
PATRICK DERIDDER
DIRECTOR	1.00	X		0	0	0
KELLY CHENAULT
DIRECTOR	1.00	X		0	0	0
PAUL DIPASQUALE
DIRECTOR	1.00	X		0	0	0
UMA NIDMARTY
DIRECTOR	1.00	X		0	0	0
KATHRYN GRAY
DIRECTOR	1.00	X		0	0	0
VIVIAN KEASLER
DIRECTOR	1.00	X		0	0	0
GEORGE HOSTETLER
DIRECTOR	1.00	X		0	0	0
BRIAN JACKSON
DIRECTOR	1.00	X		0	0	0
CN JENKINS JR
DIRECTOR	1.00	X		0	0	0
DON MOSMAN
TREASURER	1.00	X	X	0	0	0
CARTER REID
CHAIRMAN	1.00	X	X	0	0	0
DEE ANN REMO
DIRECTOR	1.00	X		0	0	0
HOWARD RISATTI
DIRECTOR	1.00	X		0	0	0
JOE SEIPEL
DIRECTOR	1.00	X		0	0	0
DAVID SYLVIA
DIRECTOR	1.00	X		0	0	0
PATTY WILKERSON
DIRECTOR	1.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	85939	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	100477	MembershipDues
Government Grants	64200	GovernmentGrants
All Other Contributions	530535	AllOtherContributions
Total Contributions	695212	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION	708269	708269
SPECIAL PROGRAMS	185343	185343
STUDIO RENTAL	43120	43120
CLAY GUILD INCOME	5031	5031

Field	Value	IRS element (for citing)
Total Program Service Revenue	941763	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5812	TotalRevenueColumn
Exclusion	$5,812	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	4271	GrossSalesOfInventory
Cost Of Goods Sold	1716	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	2555	TotalRevenueColumn
Related Or Exempt Function Income	2555	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1645342	TotalRevenueColumn
Related Or Exempt Function Income	944318	RelatedOrExemptFunctionIncome
Exclusion	$5,812	ExclusionAmount

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	X	InfoInScheduleOPartIX

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	110000	Total
Program Services	85800	ProgramServices
Management And General	16500	ManagementAndGeneral
Fundraising	7700	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	517548	Total
Program Services	349046	ProgramServices
Management And General	40856	ManagementAndGeneral
Fundraising	127646	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	55026	Total
Program Services	40716	ProgramServices
Management And General	3346	ManagementAndGeneral
Fundraising	10964	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	52110	Total
Program Services	35800	ProgramServices
Management And General	3083	ManagementAndGeneral
Fundraising	13227	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	59684	Total
Program Services	46554	ProgramServices
Management And General	8953	ManagementAndGeneral
Fundraising	4177	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	375	Total
Management And General	375	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	329643	Total
Program Services	325893	ProgramServices
Management And General	3750	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	110396	Total
Program Services	98200	ProgramServices
Management And General	11268	ManagementAndGeneral
Fundraising	928	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	44594	Total
Program Services	37403	ProgramServices
Management And General	3537	ManagementAndGeneral
Fundraising	3654	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	119964	Total
Program Services	116848	ProgramServices
Management And General	2077	ManagementAndGeneral
Fundraising	1039	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	13341	Total
Program Services	13336	ProgramServices
Fundraising	5	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	3160	Total
Program Services	399	ProgramServices
Management And General	2420	ManagementAndGeneral
Fundraising	341	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	3882	Total
Program Services	2911	ProgramServices
Management And General	776	ManagementAndGeneral
Fundraising	195	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	141807	Total
Program Services	137553	ProgramServices
Management And General	2836	ManagementAndGeneral
Fundraising	1418	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	21490	Total
Program Services	19602	ProgramServices
Management And General	1282	ManagementAndGeneral
Fundraising	606	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
CONTRACT SERVICES	85105	85105
PROGRAM SUPPLIES	75485	75485
HOSPITALITY & REFRESHMENT	54940	51782	1497	1661
ADMIN: BANK & CREDIT CARD	23697	17773	4739	1185

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	48546	Total
Program Services	42747	ProgramServices
Management And General	5723	ManagementAndGeneral
Fundraising	76	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1870793	Total
Program Services	1582953	ProgramServices
Management And General	113018	ManagementAndGeneral
Fundraising	174822	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	174143	BOY
EOY	139314	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	89176	BOY
EOY	50875	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	6415	BOY
EOY	945	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	600	BOY
EOY	11309	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	5688795	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1246197	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4576448	BOY
EOY	4442598	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	690203	BOY
EOY	760147	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5536985	BOY
EOY	5405188	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	19624	BOY
EOY	17387	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	116367	BOY
EOY	151956	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	100000	BOY
EOY	75000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	10736	BOY
EOY	28775	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	246727	BOY
EOY	273118	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4536112	BOY
EOY	4336467	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	128000	BOY
EOY	142328	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	626146	BOY
EOY	653275	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5290258	BOY
EOY	5132070	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5536985	BOY
EOY	5405188	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-225451	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	67263	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	915742	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	956936	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	608874	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	619946	CurrentTaxYearMinus1Year
Current Tax Year	695212	CurrentTaxYear
Total	3796710	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	915742	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	956936	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	608874	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	619946	CurrentTaxYearMinus1Year
Current Tax Year	695212	CurrentTaxYear
Total	3796710	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	682640	AmountsSubstContributorsTotal
Public Support Total170	3114070	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6752	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	9892	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13307	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13528	CurrentTaxYearMinus1Year
Current Tax Year	5812	CurrentTaxYear
Total	49291	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	1923	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2260	CurrentTaxYearMinus1Year
Total	4183	Total

Field	Value	IRS element (for citing)
Total Support	3850184	TotalSupport
Gross Receipts From Admissions Etc	3627308	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.80880	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.89410	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	559181	BeginningOfYearBalance
Contributions	19800	Contributions
Investment Earnings Or Losses	54885	InvestmentEarningsOrLosses
Grants Or Scholarships	22466	GrantsOrScholarships
End Of Year Balance	611400	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	495141	BeginningOfYearBalance
Contributions	76075	Contributions
Investment Earnings Or Losses	8055	InvestmentEarningsOrLosses
Grants Or Scholarships	20090	GrantsOrScholarships
End Of Year Balance	559181	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	379690	BeginningOfYearBalance
Contributions	46500	Contributions
Investment Earnings Or Losses	68951	InvestmentEarningsOrLosses
End Of Year Balance	495141	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	513744	OtherCostOrOtherBasis
Book Value	513744	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4802477	OtherCostOrOtherBasis
Depreciation	948296	Depreciation
Book Value	3854181	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	165765	OtherCostOrOtherBasis
Depreciation	108684	Depreciation
Book Value	57081	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	206809	OtherCostOrOtherBasis
Depreciation	189217	Depreciation
Book Value	17592	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4442598	TotalOfBookValueLandBuildings

Other Assets OtherAssets (6 entries)

DescriptionDescription	Book ValueBookValue
THE IMAGINE FUND	331795
JO B KENNEDY FUND	178923
THE 1812 FUND	148747
C. WEINSTEIN CRTV WRTG ENDWMNT	59496
LESLIE SHIEL SCHOLARSHIP	28356
SHELLY SHEPHERD MASTER TEACHER	12830

Field	Value	IRS element (for citing)
Total Book Value Other Assets	760147	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescription	AmountAmount
ACCRUED LEAVE	$25,839
ACCRUED EXPENSE	$2,488
SECURITY DEPOSITS	$360
SALES TAX PAYABLE	$88
UNITED WAY WITHHOLDINGS
ACCRUED LEAVE LIABILITY

Field	Value	IRS element (for citing)
Total Of Amounts	28775	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	1741271	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	67263	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	29041	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	96304	RevenueNotRptdF990
Revenue Subtotal	1644967	RevenueSubtotal
Investment Expenses Not Included	375	InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt	375	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	1645342	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1899459	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	29041	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	29041	ExpensesNotRptdF990
Expenses Subtotal	1870418	ExpensesSubtotal
Investment Expenses Not Included2	375	InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt	375	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	1870793	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
INTENDED USES FOR ENDOWMENT FUNDS	SCHEDULE D, PAGE 2, PART V, LINE 4	ON 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 TEMPORARILY 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 PERMANENTLY RESTRICTED.
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	THE CENTER APPLIES FASB GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE STANDARD ALSO PROVIDES GUIDANCE ON PENALTIES AND INTEREST, CLASSIFICATION, AND DISCLOSURE. THE CENTER HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS. THE CENTER'S INCOME TAX RETURNS FOR YEARS SINCE 2010 REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	OUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ALL RESPONSIBLE PERSONS ARE REQUIRED TO ACKNOWLEDGE REVIEW OF POLICY IN WRITING AND COMPLETE AN ANNUAL DISCLOSURE. POLICY IS REVIEWED ANNUALLY BY BOARD OF DIRECTORS.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	EXECUTIVE DIRECTOR'S SALARY DETERMINED BY ANNUAL REVIEW OF BOARD OF DIRECTORS COMMITTEE.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	EXECUTIVE DIRECTOR ANNUALLY REVIEWS KEY EMPLOYEES AND ADJUSTS SALARIES AS CONSIDERED NECESSARY.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
OTHER FEES FOR SERVICES	FORM 990, PART IX, LINE 11G	ADMIN: CONSULTING 0 3,750 0 INSTRUCTORS 325,893 0 0