Civic Intelligence

Dart Center

990 • Fiscal year 2021 • EIN 52-1372461

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 09, 2022

740 Boush StreetNorfolk, VA 23510

(757) 625-4211

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.06x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

75th percentile

31%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$59,963

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

97th percentile

508%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

133%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$192,964

Up $161,226 (+508%) from 2020

Net Assets

Up

$161,759

Up $150,150 (+1293%) from 2020

Liabilities

Up

$31,205

Up $11,076 (+55%) from 2020

Revenue

Up

$489,930

Up $279,831 (+133%) from 2020

Expenses

Up

$339,780

Up $100,023 (+42%) from 2020

Net Income

Up

$150,150

Up $179,808 (+606%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $442,186Liabilities 2011: $286,056Net Assets 2011: $156,1302011Assets 2012: $193,585Liabilities 2012: $24,042Net Assets 2012: $169,5432012Assets 2013: $182,256Liabilities 2013: $47,598Net Assets 2013: $134,6582013Assets 2014: $188,732Liabilities 2014: $18,670Net Assets 2014: $170,0622014Assets 2015: $185,123Liabilities 2015: $5,596Net Assets 2015: $179,5272015Assets 2016: $114,655Liabilities 2016: $9,010Net Assets 2016: $105,6452016Assets 2017: $147,795Liabilities 2017: $48,341Net Assets 2017: $99,4542017Assets 2018: $99,795Liabilities 2018: $16,784Net Assets 2018: $83,0112018Assets 2019: $67,196Liabilities 2019: $25,929Net Assets 2019: $41,2672019Assets 2020: $31,738Liabilities 2020: $20,129Net Assets 2020: $11,6092020Assets 2021: $192,964Liabilities 2021: $31,205Net Assets 2021: $161,7592021Assets 2022: $189,716Liabilities 2022: $29,965Net Assets 2022: $159,7512022Assets 2023: $155,732Liabilities 2023: $16,433Net Assets 2023: $139,2992023Assets 2024: $211,579Liabilities 2024: $66,318Net Assets 2024: $145,2612024

Highlighted filing

2021

Assets$192,964
Liabilities$31,205
Net Assets$161,759

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $320,5802011Revenue 2012: $313,800Expenses 2012: $338,846Net Income 2012: -$25,0462012Expenses 2013: $335,9742013Revenue 2014: $363,994Expenses 2014: $328,590Net Income 2014: $35,4042014Revenue 2015: $306,576Expenses 2015: $297,111Net Income 2015: $9,4652015Revenue 2016: $162,129Expenses 2016: $236,011Net Income 2016: -$73,8822016Revenue 2017: $294,320Expenses 2017: $300,511Net Income 2017: -$6,1912017Revenue 2018: $324,360Expenses 2018: $340,803Net Income 2018: -$16,4432018Revenue 2019: $239,271Expenses 2019: $281,015Net Income 2019: -$41,7442019Revenue 2020: $210,099Expenses 2020: $239,757Net Income 2020: -$29,6582020Revenue 2021: $489,930Expenses 2021: $339,780Net Income 2021: $150,1502021Revenue 2022: $420,916Expenses 2022: $422,924Net Income 2022: -$2,0082022Revenue 2023: $477,178Expenses 2023: $497,630Net Income 2023: -$20,4522023Revenue 2024: $550,013Expenses 2024: $544,051Net Income 2024: $5,9622024

Highlighted filing

2021

Revenue$489,930
Expenses$339,780
Net Income$150,150
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 9, 2022
Return Version
2020v4.0
Gross Receipts
$489,930
Mission and Program Overview

Mission

The d'art center connects the community and artists to create an appreciation for visual art by providing a unique opportunity to watch, create, learn, collect and enjoy works from diverse artists in an interactive environment.

The d'art center connects the community and artists to create an appreciation for the visual arts by providing a unique opportunity to watch, create, learn, collect and enjoy works from diverse artists in an interactive environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$11,609$161,759▲ $150,150
Savings and Temporary Cash Investments$10,401$108,476▲ $98,075
Cash and Non-Interest-Bearing Accounts$15,186$50,999▲ $35,813
Land, Buildings, and Equipment, Net$4,036$23,593▲ $19,557
Accounts Receivable$2,115--
Total Assets$31,738$192,964▲ $161,226
Other Assets Total-$9,896-
Liabilities
Deferred Revenue$13,500$25,815▲ $12,315
Accounts Payable and Accrued Expenses$4,309$3,009▼ $1,300
Other Liabilities$2,320$2,381▲ $61
Total Liabilities$20,129$31,205▲ $11,076
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,609$161,759▲ $150,150
Total Liabilities and Net Assets / Fund Balance$31,738$192,964▲ $161,226

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,324$9,405$30,729
Other Land Buildings$2,269$1,780$4,049
Other Assets Org$9,896--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Tricia HudsonExecutive Dr$59,963$59,963

Board Members and Trustees

NameTitle
Tina BinghamPresident
Beth LloydBoard Member
Charity VolmanBoard Member
Cheryl Cauthen-bondBoard Member
Deborah GillBoard Member
Ronda BaucomBoard Member
Scott CampbellBoard Member
Tyler RosaBoard Member
Andy CallahanSecretary
Eileen GwaltneyTreasurer
Krista McaninleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$382,000
Program Service Revenue
$107,112
Investment Income
$14
Other Revenue
$804
All Other Contributions
$338,100
Change in Net Assets
$150,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,555
Salaries, Compensation, and Employee Benefits$77,225
Total Fundraising Expense$22,759
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$30,345$22,759$22,759$75,863
Other Salaries and Wages$64,490$7,165-$71,655
Occupancy$56,858--$56,858
All Other Expenses$10,533$6,151-$16,684
Office Expenses$1,426$10,358-$11,784
Other Expenses$6,711$1,678-$8,389
Fees for Services Accounting-$6,000-$6,000
Payroll Taxes$5,013$557-$5,570
Information Technology$1,818$454-$2,272
Insurance$744$1,236-$1,980
Depreciation Depletion$1,514$228-$1,742
Advertising-$764-$764
Total Functional Expenses$244,509$72,512$22,759$339,780
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$2,381
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the executive director and full board, with final approval of the executive committee.

Form 990, Page 6, Part VI, Line 12C

All board members are required to sign a conflict of interest statement each year. All employees are required to sign a conflict of interest policy as part of their job contract.

Form 990, Page 6, Part VI, Line 19

The organization's financial information is available on guidestar and upon request.

Filing and Contact Details

Filer

Filer Name
D'ART CENTER
EIN
52-1372461
Phone
7576254211
Address
740 BOUSH STREET, NORFOLK, VA 23510

Signing Officer

Name
Tricia Hudson
Title
Executive Drector
Phone
7576254211
Signed
2022-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Bingham
Formed
1985
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
11

Preparer

Firm
Corbin & Company Pc
Address
501 INDEPENDENCE PARKWAY STE 275, CHESAPEAKE, VA 23320
Preparer
Julie L Sokolowski CPA
Phone
7574364577
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The d'art center connects the community and artists to create an appreciation for visual art by providing a unique opportunity to watch, create, learn, collect and enjoy works from diverse artists in an interactive environment.

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IRS990/ProgramServiceRevenueGrp/Desc2RENT FROM ARTISTS
IRS990/ProgramServiceRevenueGrp/Desc3SPONSORSHIPS
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt07,683
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0206131
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0130082
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt093875
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt061
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE D'ART CENTER CONNECTS THE COMMUNITY AND ARTISTS TO CREATE AN APPRECIATION FOR VISUAL ART BY PROVIDING A UNIQUE OPPORTUNITY TO WATCH, CREATE, LEARN, COLLECT AND ENJOY WORKS FROM DIVERSE ARTISTS IN AN INTERACTIVE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND FULL BOARD, WITH FINAL APPROVAL OF THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. ALL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AS PART OF THEIR JOB CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FINANCIAL INFORMATION IS AVAILABLE ON GUIDESTAR AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0192964
IRS990/TotalAssetsGrp/BOYAmt031738
IRS990/TotalAssetsGrp/EOYAmt0192964

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.12$0.66$1.45$5.50$5.44$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.16$1.39$4.77$4.98$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.30$1.60$4.21$4.23$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.93$0.31$1.62$4.90$3.40$1.50
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.20$0.12$2.10$2.40$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.26$0.41$2.39$2.81$0.42
2018Detailed filing. Detailed filing data is available for this year.$1.00$0.17$0.83$3.24$3.41$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.48$0.48$0.99$2.94$3.01$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.09$1.06$1.62$2.36$0.74
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.06$1.80$3.07$2.97$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.19$1.70$3.64$3.29$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.48$1.35$3.36
2012Summary only. Only limited summary data is available for this year.$1.94$0.24$1.70$3.14$3.39$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$2.86$1.56$3.21