Civic Intelligence

Virginians for the Arts Foundation

990EZ • Fiscal year 2016 • EIN 20-1007390

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 01, 2016

800 East Canal StreetRichmond, VA 23219

(804) 644-2787

Siviq Scores

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

Liabilities / Assets

90th percentile

0.59x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

0.64x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

4th percentile

-128%

Higher net margin than 4% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

8th percentile

-51%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-47%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$60,589

Down $63,402 (-51%) from 2015

Net Assets

Down

$24,931

Down $90,932 (-78%) from 2015

Liabilities

Up

$35,658

Up $27,530 (+339%) from 2015

Revenue

Down

$55,442

Down $49,655 (-47%) from 2015

Expenses

Down

$126,250

Down $4,923 (-3.8%) from 2015

Net Income

Down

-$70,808

Down $44,732 (-172%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$60,589
Liabilities$35,658
Net Assets$24,931

Operations Trend

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

2016

Revenue$55,442
Expenses$126,250
Net Income-$70,808
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 1, 2016
Return Version
2015v2.1
Gross Receipts
$55,442
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.

To provide public awareness and education on arts and cultural issues.

Program Services

DescriptionGrantsExpenses
PROVIDED A STATEWIDE PROFESSIONAL EVENT 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 DOMINION ARTSTARS AWARD.-$126,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDWARD H HARVEYPresident-$0--
AMY BRIDGEVice Preside-$0--
BEVERLY HESTreasurer-$0--
PEARL B HARRELLSecretary-$0--
PEGGY BAGGETTDirector-$0--
BRETT BONDADirector-$0--
GINGER H BRANTONDirector-$0--
JUNE G BRITTDirector-$0--
JOHN DAVIESDirector-$0--
PETER H DUNNINGDirector-$0--
DAVID J L FISKDirector-$0--
GARY GRANTDirector-$0--
MAGGIE GUGGENHEIMERDirector-$0--
JANET JOHNSONDirector-$0--
JAMES M LAVIER IIIDirector-$0--
SALLY LAYDirector-$0--
BRIAN C LITTLE SRDirector-$0--
DENNIS LYNCHDirector-$0--
NANCY POWERS PERRYDirector-$0--
RYAN T RIPPERTONDirector-$0--
RICHARD ROSEDirector-$0--
LEAH ROSSDirector-$0--
DIANE RUGGIERODirector-$0--
EMILY SMITHDirector-$0--
AVA SPECEDirector-$0--
LINDA SULLIVANDirector-$0--
PHIL WHITEWAYDirector-$0--
AMY WRATCHFORDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginians for the Arts Foundation
EIN
20-1007390
Phone
8046442787
Address
800 EAST CANAL STREET, RICHMOND, VA 23219

Signing Officer

Name
Edward H Harvey
Title
President
Phone
8046442787
Signed
2016-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Thomas & Thomas Pc
Address
4440-100 SPRINGFIELD ROAD, GLEN ALLEN, VA 23060
Preparer
Marshall D Campbell
Phone
8043464406
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 121 telephone & internet 632 conferences/meetings 1,218 insurance 811 bank charges 219 e-tapestry fees 2,731 payroll processing fee 46 dominion artstars award 50,000 license & registration 200 total 55,978

Form 990-ez, Part I, Line 20

Return of prior year contributions -20,123 net assets were decreased by 20,123 to reflect the return of a prior year contribution that the organization was unable to use for its intended purpose.

Form 990-ez, Part II, Line 24

Pledges receivable 331 125 total 331 125

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,150 21,283 deferred revenue 6,979 14,375

Form 990-ez, Part III, Line 28

Provided a statewide professional event 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 dominion artstars award.

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IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt060258
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt010550
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt070808
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt010550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 121 TELEPHONE & INTERNET 632 CONFERENCES/MEETINGS 1,218 INSURANCE 811 BANK CHARGES 219 E-TAPESTRY FEES 2,731 PAYROLL PROCESSING FEE 46 DOMINION ARTSTARS AWARD 50,000 LICENSE & REGISTRATION 200 TOTAL 55,978
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN OF PRIOR YEAR CONTRIBUTIONS -20,123 NET ASSETS WERE DECREASED BY 20,123 TO REFLECT THE RETURN OF A PRIOR YEAR CONTRIBUTION THAT THE ORGANIZATION WAS UNABLE TO USE FOR ITS INTENDED PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 331 125 TOTAL 331 125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,150 21,283 DEFERRED REVENUE 6,979 14,375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDED A STATEWIDE PROFESSIONAL EVENT 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 DOMINION ARTSTARS AWARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD H HARVEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08046442787
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIANS FOR THE ARTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0201007390
ReturnHeader/Filer/PhoneNum08046442787
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 EAST CANAL STREET
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023219
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541691035
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS & THOMAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04440-100 SPRINGFIELD ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLEN ALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023060
ReturnHeader/PreparerPersonGrp/PhoneNum08043464406
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARSHALL D CAMPBELL
ReturnHeader/ReturnTs02016-09-14T10:27:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

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