Civic Intelligence

Visual Arts Research & Resource Center Relating to the Caribbean Inc

990 • Fiscal year 2012 • EIN 13-3054001

Jul 01, 2011 to Jun 30, 2012 • Filed on May 14, 2013

1825 PARK AVENUE Room No 60210035
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,569,089

Flat from 2012

Net Assets

Flat

$2,535,772

Flat from 2012

Liabilities

Flat

$33,317

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$673,156

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $1,291,836Liabilities 2011: $1,038,348Net Assets 2011: $253,4882011Assets 2012: $2,569,089Liabilities 2012: $33,317Net Assets 2012: $2,535,7722012Assets 2012: $2,569,089Liabilities 2012: $33,317Net Assets 2012: $2,535,7722012Assets 2013: $2,122,797Liabilities 2013: $179,550Net Assets 2013: $1,943,2472013Assets 2014: $2,254,809Liabilities 2014: $170,431Net Assets 2014: $2,084,3782014Assets 2015: $2,398,067Liabilities 2015: $243,613Net Assets 2015: $2,154,4542015Assets 2016: $1,929,617Liabilities 2016: $143,929Net Assets 2016: $1,785,6882016Assets 2017: $10,584,838Liabilities 2017: $406,555Net Assets 2017: $10,178,2832017Assets 2018: $9,925,171Liabilities 2018: $142,322Net Assets 2018: $9,782,8492018Assets 2019: $9,633,537Liabilities 2019: $92,099Net Assets 2019: $9,541,4382019Assets 2020: $10,323,596Liabilities 2020: $210,594Net Assets 2020: $10,113,0022020Assets 2021: $10,430,106Liabilities 2021: $123,291Net Assets 2021: $10,306,8152021Assets 2022: $10,240,101Liabilities 2022: $124,556Net Assets 2022: $10,115,5452022Assets 2023: $11,389,814Liabilities 2023: $1,361,041Net Assets 2023: $10,028,7732023Assets 2024: $11,826,013Liabilities 2024: $1,549,824Net Assets 2024: $10,276,1892024

Highlighted filing

2012

Assets$2,569,089
Liabilities$33,317
Net Assets$2,535,772

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $535,887Expenses 2011: $624,911Net Income 2011: -$89,0242011Expenses 2012: $673,1562012Revenue 2012: $2,955,440Expenses 2012: $673,156Net Income 2012: $2,282,2842012Revenue 2013: $308,328Expenses 2013: $900,855Net Income 2013: -$592,5272013Revenue 2014: $851,019Expenses 2014: $709,886Net Income 2014: $141,1332014Revenue 2015: $962,730Expenses 2015: $892,654Net Income 2015: $70,0762015Revenue 2016: $680,658Expenses 2016: $1,049,424Net Income 2016: -$368,7662016Revenue 2017: $9,828,879Expenses 2017: $1,436,284Net Income 2017: $8,392,5952017Revenue 2018: $1,125,837Expenses 2018: $1,521,271Net Income 2018: -$395,4342018Revenue 2019: $1,275,511Expenses 2019: $1,516,921Net Income 2019: -$241,4102019Revenue 2020: $2,005,011Expenses 2020: $1,433,447Net Income 2020: $571,5642020Revenue 2021: $1,980,042Expenses 2021: $1,786,229Net Income 2021: $193,8132021Revenue 2022: $1,877,668Expenses 2022: $2,079,613Net Income 2022: -$201,9452022Revenue 2023: $2,192,680Expenses 2023: $2,340,316Net Income 2023: -$147,6362023Revenue 2024: $2,543,351Expenses 2024: $2,274,677Net Income 2024: $268,6742024

Highlighted filing

2012

Revenue-
Expenses$673,156
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 14, 2013
Return Version
2011v1.2
Gross Receipts
$3,343,065
Mission and Program Overview

Mission

Varrc dba cccadi - is an organization that values, connects and advocates for the traditions, history, culture and advancement of the african diaspora. Through research, educational programs and the creative arts, we prepare individuals to be active participants in the creation of holistic communities.

Filing and Contact Details

Filer

EIN
13-3054001
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IRS990ScheduleO/GeneralExplanation/Explanation0THERE IS NO COMMITTEE. ONLY BOARD OF DIRECTORS DEEMED TO BE THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation1A COPY OF THE FORM 990 IS MADE AVAILABLE AT THE THE BOARD MEETING FOR REVIEW AND COMMENTS. MARTA VEGA, THE PRESIDENT, SENDS THE REPORTS VIA EMAIL FOR THEM TO REVIEW AND COMMENT. THE BOARD MEETS TWICE A YEAR. AT WHICH TIME THEY APPROVE THE ORGANIZATIONS BUDGET AND THE BOARD ALSO PRE ARRANGE TELEPHONE MEETINGS TO ADDRESS THE OPERATION OF THE ORGANIZATION. AT LEAST TWICE A YEAR.BOARD MEMBERS ALSO ATTEND BOARD TRAINING MEETINGS HOSTED BY CAPACITY TRAINING ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation2AFTER A COLLECTIVE PREVIEW, MARTA SENDS THE REPORT TO THE BOARD MEMBERS VIA EMAIL FOR THEIR REVIEW AND COMMENTS. THIS HAPPENS PRIOR TO THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE VISUAL ARTS RESEARCH RESOURCE CENTER RELATING TO THE CARIBBEAN SIMILAR TO OTHER MULTIDISCIPLINARY ORGANIZATIONS HAS, EXHIBITIONS, SCHOLARLY PANELS ON A DIVERSITY OF TOPIC AREAS RELATION TO CULUTURE, ART,HISTORY AND SOCIAL JUSTICE ISSUES. THE CENTER COLLABORATES WITH OTHER ORGANIZATIONS IN PROGRAM REACHING A SIGNIFICANT AUDIANCE WITH ITS PROGRAMS. WE HAVE COLLABORATED WITH ORGANIZATIONS THAT HAVE SIMILAR MISSIONS AND VISIONS FOCUSED ON PARTICULAR ETHENIC GROUPS THAT ARE INTEGRAL TO THE CULTURAL LIFE OF THE NATION. THESE ORGANIZATIONS INCLUDE, SCHOMBURG LIBRARY FOR RESEARCH IN BLACK CULTURES, EL MUSEO DEL BARRIO, IMAGE NATION, NEW YORK UNIVERSITY, INTER AMERICAN UNIVERSITY IN PUERTO RICO AND MORE. THE CENTERS PROGRAMS ARE DIRECTED TO ALL AUDIENCES WITH SPECIAL FOCUS ON COMMUNITIES OF AFRICAN DESENT FROM THE CARIBBEAN, LATIN, CENTRAL AND NORTH AMERICAS. IMPORTANT TO THE CENTERS MSSION
IRS990ScheduleO/GeneralExplanation/Explanation4IS EDUCATIONAL CULTURAL ARTS PROGRAMS THAT IMPACT PUBLIC SCHOOL STUDENTS, HIGHER EDUCATION AND THE GENERAL ADULT PUBLIC.
IRS990ScheduleO/GeneralExplanation/Explanation5Form 990 Part VI Section A Line 8b THERE IS NO COMMITTEE. ONLY BOARD OF DIRECTORS DEEMED TO BE THE GOVERNING BODY. Form 990 Part VI Section B Line 11a A COPY OF THE FORM 990 IS MADE AVAILABLE AT THE THE BOARD MEETING FOR REVIEW AND COMMENTS. MARTA VEGA, THE PRESIDENT, SENDS THE REPORTS VIA EMAIL FOR THEM TO REVIEW AND COMMENT. THE BOARD MEETS TWICE A YEAR. AT WHICH TIME THEY APPROVE THE ORGANIZATIONS BUDGET AND THE BOARD ALSO PRE ARRANGE TELEPHONE MEETINGS TO ADDRESS THE OPERATION OF THE ORGANIZATION. AT LEAST TWICE A YEAR.BOARD MEMBERS ALSO ATTEND BOARD TRAINING MEETINGS HOSTED BY CAPACITY TRAINING ORGANIZATION. Form 990 Part VI Section B Line 15a AFTER A COLLECTIVE PREVIEW, MARTA SENDS THE REPORT TO THE BOARD MEMBERS VIA EMAIL FOR THEIR REVIEW AND COMMENTS. THIS HAPPENS PRIOR TO THE IRS. Form 990 Part III Line 1 THE VISUAL ARTS RESEARCH RESOURCE CENTER RELATING TO THE CARIBBEAN SIMILAR TO OTHER MULTIDISCIPLINARY ORGANIZATIONS HAS, EXHIBITIONS, SCHOLARLY PANELS ON A DIVERSITY OF TOPIC AREAS RELATION TO CULUTURE, ART,HISTORY AND SOCIAL JUSTICE ISSUES. THE CENTER COLLABORATES WITH OTHER ORGANIZATIONS IN PROGRAM REACHING A SIGNIFICANT AUDIANCE WITH ITS PROGRAMS. WE HAVE COLLABORATED WITH ORGANIZATIONS THAT HAVE SIMILAR MISSIONS AND VISIONS FOCUSED ON PARTICULAR ETHENIC GROUPS THAT ARE INTEGRAL TO THE CULTURAL LIFE OF THE NATION. THESE ORGANIZATIONS INCLUDE, SCHOMBURG LIBRARY FOR RESEARCH IN BLACK CULTURES, EL MUSEO DEL BARRIO, IMAGE NATION, NEW YORK UNIVERSITY, INTER AMERICAN UNIVERSITY IN PUERTO RICO AND MORE. THE CENTERS PROGRAMS ARE DIRECTED TO ALL AUDIENCES WITH SPECIAL FOCUS ON COMMUNITIES OF AFRICAN DESENT FROM THE CARIBBEAN, LATIN, CENTRAL AND NORTH AMERICAS. IMPORTANT TO THE CENTERS MSSION Form 990 Part III Line 1 IS EDUCATIONAL CULTURAL ARTS PROGRAMS THAT IMPACT PUBLIC SCHOOL STUDENTS, HIGHER EDUCATION AND THE GENERAL ADULT PUBLIC.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.8$1.55$10.3$2.54$2.27$0.27
2023Detailed filing. Detailed filing data is available for this year.$11.4$1.36$10.0$2.19$2.34$0.15
2022Detailed filing. Detailed filing data is available for this year.$10.2$0.12$10.1$1.88$2.08$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.12$10.3$1.98$1.79$0.19
2020Detailed filing. Detailed filing data is available for this year.$10.3$0.21$10.1$2.01$1.43$0.57
2019Detailed filing. Detailed filing data is available for this year.$9.63$0.09$9.54$1.28$1.52$0.24
2018Detailed filing. Detailed filing data is available for this year.$9.93$0.14$9.78$1.13$1.52$0.40
2017Detailed filing. Detailed filing data is available for this year.$10.6$0.41$10.2$9.83$1.44$8.39
2016Detailed filing. Detailed filing data is available for this year.$1.93$0.14$1.79$0.68$1.05$0.37
2015Detailed filing. Detailed filing data is available for this year.$2.40$0.24$2.15$0.96$0.89$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.25$0.17$2.08$0.85$0.71$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.18$1.94$0.31$0.90$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.03$2.54$0.67
2012Summary only. Only limited summary data is available for this year.$2.57$0.03$2.54$2.96$0.67$2.28
2011Summary only. Only limited summary data is available for this year.$1.29$1.04$0.25$0.54$0.62$0.09