Civic Intelligence

Virginians for the Arts Foundation

990EZ • Fiscal year 2012 • EIN 20-1007390

Jul 01, 2011 to Jun 30, 2012 • Filed on Dec 06, 2012

Organization ProfileWWW.VAFORARTS.ORG
1 East Cary Street23219
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.14x

Higher debt load relative to assets than 78% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

15th percentile

-24%

Higher net margin than 15% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

46th percentile

-0.3%

Faster asset growth than 46% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

43rd percentile

-3.2%

Faster revenue growth than 43% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$154,517

Down $396 (-0.3%) from 2011

Net Assets

Down

$132,951

Down $16,962 (-11%) from 2011

Liabilities

Up

$21,566

Up $16,566 (+331%) from 2011

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin15th percentile

Revenue

Down

$191,616

Down $6,295 (-3.2%) from 2011

Expenses

Up

$236,900

Up $77,365 (+48%) from 2011

Net Income

Down

-$45,284

Down $83,660 (-218%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$200K$150K$100K$50K$0Assets 2011: $154,913Liabilities 2011: $5,000Net Assets 2011: $149,9132011Assets 2012: $154,517Liabilities 2012: $21,566Net Assets 2012: $132,9512012Assets 2013: $146,865Liabilities 2013: $7,767Net Assets 2013: $139,0982013Assets 2014: $149,516Liabilities 2014: $7,577Net Assets 2014: $141,9392014Assets 2015: $123,991Liabilities 2015: $8,128Net Assets 2015: $115,8632015Assets 2016: $60,589Liabilities 2016: $35,658Net Assets 2016: $24,9312016Assets 2017: $25,141Liabilities 2017: $8,329Net Assets 2017: $16,8122017Assets 2018: $15,113Net Assets 2018: $15,1132018Assets 2019: $13,981Liabilities 2019: $222Net Assets 2019: $13,7592019Assets 2020: $18,555Net Assets 2020: $18,5552020Assets 2021: $28,441Net Assets 2021: $28,4412021Assets 2022: $40,225Net Assets 2022: $40,2252022Assets 2023: $44,724Liabilities 2023: $4,088Net Assets 2023: $40,6362023Assets 2024: $40,740Liabilities 2024: $3,775Net Assets 2024: $36,9652024Assets 2025: $20,484Net Assets 2025: $20,4842025

Highlighted filing

2012

Assets$154,517
Liabilities$21,566
Net Assets$132,951
Open 2012 Filing

Operations Trend

Revenue Growth43rd percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $197,911Expenses 2011: $159,535Net Income 2011: $38,3762011Revenue 2012: $191,616Expenses 2012: $236,900Net Income 2012: -$45,2842012Revenue 2013: $147,285Expenses 2013: $141,137Net Income 2013: $6,1482013Revenue 2014: $132,147Expenses 2014: $129,305Net Income 2014: $2,8422014Revenue 2015: $105,097Expenses 2015: $131,173Net Income 2015: -$26,0762015Revenue 2016: $55,442Expenses 2016: $126,250Net Income 2016: -$70,8082016Revenue 2017: $64,179Expenses 2017: $72,298Net Income 2017: -$8,1192017Revenue 2018: $59,365Expenses 2018: $61,062Net Income 2018: -$1,6972018Revenue 2019: $59,675Expenses 2019: $61,030Net Income 2019: -$1,3552019Revenue 2020: $65,446Expenses 2020: $60,650Net Income 2020: $4,7962020Revenue 2021: $47,491Expenses 2021: $37,605Net Income 2021: $9,8862021Revenue 2022: $47,659Expenses 2022: $35,875Net Income 2022: $11,7842022Revenue 2023: $51,302Expenses 2023: $50,890Net Income 2023: $4122023Revenue 2024: $49,277Expenses 2024: $52,948Net Income 2024: -$3,6712024Revenue 2025: $39,914Expenses 2025: $56,395Net Income 2025: -$16,4812025

Highlighted filing

2012

Revenue$191,616
Expenses$236,900
Net Income-$45,284
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Dec 6, 2012
Return Version
2011v1.5
Mission and Program Overview

Mission

Virginians for the arts engages virginians in a united advocacy effort to protect and increase public support for the arts. Virginians for the arts: 1. Advocates for increased public funding for the virginia commission for the arts and the national endowment for the arts. 2.pursues legislative actions that will improve conditions for the arts and artists, and discourages legislation that would adversely affect virginias arts industry. 3.communicates regularly and effectively with our membership of artists, arts organizations and citizens statewide about advocacy issues and opportunities. 4.works to increase the public value of, and appreciation for, the arts in virginia.

Filing and Contact Details

Filer

EIN
20-1007390
Raw XML Appendix180 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/GeneralExplanation/Explanation0EXPENSES ADVERTISING AND PROMOTION 471 OFFICE SUPPLIES 2,485 TELEPHONE & INTERNET 5,251 TRAVEL 5,095 CONFERENCES/MEETINGS 12,934 INSURANCE 635 BANK CHARGES 700 DUES 683 MISCELLANEOUS 353 ARTS BUILD COMMUNITY PROJ 7,856 DOMINION ARTSTARS AWARD 52,674 MINDS OPEN WIDE 74,413 TOTAL 163,550
IRS990ScheduleO/GeneralExplanation/Explanation1NET ASSET ACQUIRED FROM VA FOR THE ARTS MERGER 28,322
IRS990ScheduleO/GeneralExplanation/Explanation2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,100 20,496 DEFERRED REVENUE 900 0 PAYROLL LIABILITIES 0 174 ACCRUED PAYROLL & RELATED 0 896
IRS990ScheduleO/GeneralExplanation/Explanation3PROVIDED A STATEWIDE PROFESSIONAL CONFERENCE OFFERING NETWORKING AND EDUCATION OPPORTUNITIES. OFFERED INFORMATION VIA NEWSLETTER, EMAIL AND WEBSITE TO APPROXIMATELY 4,500 ARTS PROFESSIONALS AND ADVOCATES. DEVELOPED AND DISTRIBUTED INFORMATION TO PROMOTE PUBLIC AWARENESS ABOUT THE CONTRIBUTION OF THE ARTS TO THE STATE OF VIRGINIA THROUGH THE ARTS BUILD COMMUNITIES PROJECT AND THE STATEWIDE MINDS WIDE OPEN MARKETING CAMPAIGN.
IRS990ScheduleO/GeneralExplanation/Explanation4ON 7/1/12 VIRGINIAN'S FOR THE ARTS FOUNDATION MERGED WITH AND RECEIVED THE NET ASSETS OF VIRGINIAN'S FOR THE ARTS 54-1645954, A 501(C)4 ORGANIZATION. VIRGINIAN'S FOR THE ARTS 54-1645954 WAS FORMALLY TERMINATED AS OF 6/30/12 AND A FINAL 990-N WAS FILED ON 11/7/12. VIRGINIAN'S FOR THE ARTS FOUNDATION THEN BEGAN DOING BUSINESS AS VIRGINIAN'S FOR THE ARTS.
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IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
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ReturnHeader/ReturnType0990EZ
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ReturnHeader/Timestamp02013-01-31T13:10:32-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$154,517
Liabilities
$21,566
Net assets
$132,951
Revenue
$191,616
Expenses
$236,900
Net income
-$45,284
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.40$0.56$0.16
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.04$0.37$0.49$0.53$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.04$0.41$0.51$0.51$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.40$0.48$0.36$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.28$0.47$0.38$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.65$0.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.60$0.61$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.59$0.61$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.08$0.17$0.64$0.72$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.36$0.25$0.55$1.26$0.71
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.08$1.16$1.05$1.31$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.08$1.42$1.32$1.29$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.08$1.39$1.47$1.41$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.22$1.33$1.92$2.37$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.05$1.50$1.98$1.60$0.38
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • <$500k nonprofits

Las Vegas, NV

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Dao Group

501(c)3

Revenue$191,517
Assets$0

Revenue vs current organization

About the same

Assets vs current organization

100% lower