Civic Intelligence

Chestnut Creek School of the Arts

EIN 26-4283131 • 501(c)3 • Galax, VA

Profile

To offer classes of the visual and performing arts in traditional and contemporary genres in order to preserve and promote the cultural heritage of Southwestern Virginia

100 North Main StreetGalax, VA 24333

www.chestnutcreekarts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.02x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.04x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

36th percentile

-1.6%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

43rd percentile

0.5%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

-1.4%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$619,287

Up $11,215 (+1.8%) from 2023

Liabilities

Up

$2,470

Up $1,083 (+78%) from 2023

Net Assets

Up

$616,817

Up $10,132 (+1.7%) from 2023

Revenue

Down

$329,200

Down $15 (-0.0%) from 2023

Expenses

Up

$319,252

Up $24,370 (+8.3%) from 2023

Net Income

Down

$9,948

Down $24,385 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2016: $353,292Liabilities 2016: $30,556Net Assets 2016: $322,7362016Assets 2017: $375,664Liabilities 2017: $16,439Net Assets 2017: $359,2252017Assets 2018: $413,237Liabilities 2018: $42,792Net Assets 2018: $370,4452018Assets 2019: $435,126Liabilities 2019: $47,538Net Assets 2019: $387,5882019Assets 2020: $456,050Liabilities 2020: $50,402Net Assets 2020: $405,6482020Assets 2021: $596,961Liabilities 2021: $38,083Net Assets 2021: $558,8782021Assets 2022: $608,109Liabilities 2022: $14,499Net Assets 2022: $593,6102022Assets 2023: $608,072Liabilities 2023: $1,387Net Assets 2023: $606,6852023Assets 2024: $619,287Liabilities 2024: $2,470Net Assets 2024: $616,8172024

Highlighted filing

2024

Assets$619,287
Liabilities$2,470
Net Assets$616,817

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2016: $331,977Expenses 2016: $333,690Net Income 2016: -$1,7132016Revenue 2017: $292,537Expenses 2017: $283,998Net Income 2017: $8,5392017Revenue 2018: $344,895Expenses 2018: $321,064Net Income 2018: $23,8312018Revenue 2019: $323,740Expenses 2019: $306,966Net Income 2019: $16,7742019Revenue 2020: $282,312Expenses 2020: $264,252Net Income 2020: $18,0602020Revenue 2021: $331,668Expenses 2021: $202,348Net Income 2021: $129,3202021Revenue 2022: $311,631Expenses 2022: $286,924Net Income 2022: $24,7072022Revenue 2023: $329,215Expenses 2023: $294,882Net Income 2023: $34,3332023Revenue 2024: $329,200Expenses 2024: $319,252Net Income 2024: $9,9482024

Highlighted filing

2024

Revenue$329,200
Expenses$319,252
Net Income$9,948

Filings