2013-11-13T09:25:46-06:00 2013-06-30 HARRIS HARDY & JOHNSTONE PC 9201 ARBORETUM PKWY STE 200 RICHMOND VA 23236 990 2012-07-01 540721433 THE VISUAL ARTS CENTER OF RICHMOND VISU 8043530094 1812 WEST MAIN STREET RICHMOND VA 23220 AVA SPECE 8043530094 2013-11-06 true N DOUGLAS HENLEY 8045600560 2013-11-11 2012 2016-02-24 21:20:13Z AVA SPECE 1812 WEST MAIN STREET RICHMOND VA 23220 1647058 false X WWW.VISARTS.ORG X 1963 VA THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS. 22 22 27 175 0 619946 695212 969654 941763 14096 5812 7621 2555 1611317 1645342 0 0 702497 734684 0 174822 1061715 1136109 1764212 1870793 -152895 -225451 5536985 5405188 246727 273118 5290258 5132070 X THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS. false false 918546 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. 271282 SPECIAL EVENTS INCLUDING CRAFT & DESIGN SHOW AND OTHER SPECIAL PROGRAMS - SHOWCASE WORKS BY PROFESSIONAL ARTISTS. 215835 EXHIBITION PROGRAM - PRESENTS CONTEMPORARY ART THAT MODELS CREATIVE EXCELLENCE. FREE AND OPEN TO THE GENERAL PUBLIC. 177290 OUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING. 177290 1582953 true true false false false false false false false true true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 113 0 true 27 true false false false false false false false false false false false false X 22 22 false false false false false false false true true false false true true true true true true true true false VA X X X THE ORGANIZATION 8043530094 1812 W MAIN STREET RICHMOND VA 23220 AVA SPECE 40.00 X X 85939 0 0 RIC ARENSTEIN 1.00 X 0 0 0 PRISCILLA BURBANK 1.00 X 0 0 0 ANN BRADSHAW 1.00 X 0 0 0 DAVID GALLAGHER 1.00 X 0 0 0 JOEL MIER 1.00 X 0 0 0 ANDERSON MCNEILL 1.00 X 0 0 0 PATRICK DERIDDER 1.00 X 0 0 0 KELLY CHENAULT 1.00 X 0 0 0 PAUL DIPASQUALE 1.00 X 0 0 0 UMA NIDMARTY 1.00 X 0 0 0 KATHRYN GRAY 1.00 X 0 0 0 VIVIAN KEASLER 1.00 X 0 0 0 GEORGE HOSTETLER 1.00 X 0 0 0 BRIAN JACKSON 1.00 X 0 0 0 CN JENKINS JR 1.00 X 0 0 0 DON MOSMAN 1.00 X X 0 0 0 CARTER REID 1.00 X X 0 0 0 DEE ANN REMO 1.00 X 0 0 0 HOWARD RISATTI 1.00 X 0 0 0 JOE SEIPEL 1.00 X 0 0 0 DAVID SYLVIA 1.00 X 0 0 0 PATTY WILKERSON 1.00 X 0 0 0 85939 false false false 100477 64200 530535 695212 TUITION 708269 708269 SPECIAL PROGRAMS 185343 185343 STUDIO RENTAL 43120 43120 CLAY GUILD INCOME 5031 5031 941763 5812 5812 4271 1716 2555 2555 1645342 944318 5812 X 110000 85800 16500 7700 517548 349046 40856 127646 55026 40716 3346 10964 52110 35800 3083 13227 59684 46554 8953 4177 375 375 329643 325893 3750 110396 98200 11268 928 44594 37403 3537 3654 119964 116848 2077 1039 13341 13336 5 3160 399 2420 341 3882 2911 776 195 141807 137553 2836 1418 21490 19602 1282 606 CONTRACT SERVICES 85105 85105 PROGRAM SUPPLIES 75485 75485 HOSPITALITY & REFRESHMENT 54940 51782 1497 1661 ADMIN: BANK & CREDIT CARD 23697 17773 4739 1185 48546 42747 5723 76 1870793 1582953 113018 174822 174143 139314 89176 50875 6415 945 600 11309 5688795 1246197 4576448 4442598 690203 760147 5536985 5405188 19624 17387 116367 151956 100000 75000 10736 28775 246727 273118 X 4536112 4336467 128000 142328 626146 653275 5290258 5132070 5536985 5405188 -225451 67263 X false true X true false X 915742 956936 608874 619946 695212 3796710 915742 956936 608874 619946 695212 3796710 682640 3114070 6752 9892 13307 13528 5812 49291 1923 2260 4183 3850184 3627308 0.80880 0.89410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 559181 19800 54885 22466 611400 495141 76075 8055 20090 559181 379690 46500 68951 495141 1.00000 true false 513744 513744 4802477 948296 3854181 165765 108684 57081 206809 189217 17592 4442598 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 760147 ACCRUED LEAVE 25839 ACCRUED EXPENSE 2488 SECURITY DEPOSITS 360 SALES TAX PAYABLE 88 UNITED WAY WITHHOLDINGS ACCRUED LEAVE LIABILITY 28775 X 1741271 67263 29041 96304 1644967 375 375 1645342 1899459 29041 29041 1870418 375 375 1870793 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. 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