Civic Intelligence

The Greater Reston Arts Center Inc

990 • Fiscal year 2017 • EIN 54-0893116

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 16, 2018

12001 Market Street No 103Reston, VA 20190

(703) 471-9242

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.13x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

57th percentile

5.5%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

50th percentile

3.1%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

45th percentile

2.4%

Faster revenue growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,383,069

Up $42,221 (+3.1%) from 2016

Net Assets

Up

$1,307,767

Up $31,400 (+2.5%) from 2016

Liabilities

Up

$75,302

Up $10,821 (+17%) from 2016

Revenue

Up

$569,126

Up $13,150 (+2.4%) from 2016

Expenses

Down

$537,726

Down $73,147 (-12%) from 2016

Net Income

Up

$31,400

Up $86,297 (+157%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,487,181Liabilities 2010: $113,027Net Assets 2010: $1,374,1542010Assets 2011: $1,398,837Liabilities 2011: $82,321Net Assets 2011: $1,316,5162011Assets 2012: $1,348,688Liabilities 2012: $124,306Net Assets 2012: $1,224,3822012Assets 2013: $1,316,566Liabilities 2013: $158,100Net Assets 2013: $1,158,4662013Assets 2014: $1,349,667Liabilities 2014: $103,670Net Assets 2014: $1,245,9972014Assets 2015: $1,417,401Liabilities 2015: $86,137Net Assets 2015: $1,331,2642015Assets 2016: $1,340,848Liabilities 2016: $64,481Net Assets 2016: $1,276,3672016Assets 2017: $1,383,069Liabilities 2017: $75,302Net Assets 2017: $1,307,7672017Assets 2018: $1,283,279Liabilities 2018: $60,849Net Assets 2018: $1,222,4302018Assets 2019: $1,224,290Liabilities 2019: $53,117Net Assets 2019: $1,171,1732019Assets 2020: $1,213,078Liabilities 2020: $174,582Net Assets 2020: $1,038,4962020Assets 2021: $1,203,629Liabilities 2021: $280,636Net Assets 2021: $922,9932021Assets 2022: $1,097,434Liabilities 2022: $51,309Net Assets 2022: $1,046,1252022Assets 2023: $983,509Liabilities 2023: $15,606Net Assets 2023: $967,9032023Assets 2024: $930,394Liabilities 2024: $65,979Net Assets 2024: $864,4152024Assets 2025: $1,017,276Liabilities 2025: $127,100Net Assets 2025: $890,1762025

Highlighted filing

2017

Assets$1,383,069
Liabilities$75,302
Net Assets$1,307,767

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $605,7252010Expenses 2011: $586,4002011Expenses 2012: $604,2542012Expenses 2013: $595,5042013Revenue 2014: $634,825Expenses 2014: $547,295Net Income 2014: $87,5302014Revenue 2015: $693,305Expenses 2015: $608,038Net Income 2015: $85,2672015Revenue 2016: $555,976Expenses 2016: $610,873Net Income 2016: -$54,8972016Revenue 2017: $569,126Expenses 2017: $537,726Net Income 2017: $31,4002017Revenue 2018: $509,305Expenses 2018: $594,658Net Income 2018: -$85,3532018Revenue 2019: $516,493Expenses 2019: $567,862Net Income 2019: -$51,3692019Revenue 2020: $347,421Expenses 2020: $480,099Net Income 2020: -$132,6782020Revenue 2021: $298,112Expenses 2021: $413,143Net Income 2021: -$115,0312021Revenue 2022: $780,167Expenses 2022: $657,037Net Income 2022: $123,1302022Revenue 2023: $520,976Expenses 2023: $599,576Net Income 2023: -$78,6002023Revenue 2024: $557,330Expenses 2024: $660,818Net Income 2024: -$103,4882024Revenue 2025: $664,886Expenses 2025: $639,125Net Income 2025: $25,7612025

Highlighted filing

2017

Revenue$569,126
Expenses$537,726
Net Income$31,400
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 16, 2018
Return Version
2016v3.0
Gross Receipts
$569,126
Mission and Program Overview

Mission

For over 40 years, grace has enriched the regional community with high-quality visual arts exhibitions and excellent educational programing. Founded by artists in 1974 as a source of cultural enrichment for the new town of reston, grace has matured from its early beginnings in the lake anne village center to its current home in reston town center. Today, grace serves 80,000 people annually, providing northern virginia's diverse community with abundant opportunities to experience and explore the visual arts through exhibitions, educational programming, and special events including the annual northern virginia fine arts festival.

The greater reston arts center (grace) enriches community life by promoting involvement and excellence in contemporary visual arts. In pursuit of this mission grace provides a year-round program of contemporary visual art exhibitions, education programs for all ages, and special events including the northern virginia fine arts festival.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,053,571$988,463▼ $65,108
Cash and Non-Interest-Bearing Accounts$259,651$343,293▲ $83,642
Accounts Receivable$22,114$46,723▲ $24,609
Total Assets$1,340,848$1,383,069▲ $42,221
Other Assets Total$5,512$4,590▼ $922
Liabilities
Grants Payable$32,080$38,070▲ $5,990
Accounts Payable and Accrued Expenses$20,063$29,747▲ $9,684
Deferred Revenue$12,338$7,485▼ $4,853
Total Liabilities$64,481$75,302▲ $10,821
Net Assets / Fund Balance
Unrestricted Net Assets$1,097,045$1,123,416▲ $26,371
Temporarily Rstr Net Assets$179,322$184,351▲ $5,029
Total Net Assets Fund Balance$1,276,367$1,307,767▲ $31,400
Total Liabilities and Net Assets / Fund Balance$1,340,848$1,383,069▲ $42,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$884,568$347,512$1,232,080
Other Land Buildings$103,895$447,687$551,582
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert GoudieChair
Charles KapurVice Chair
Maryam OvissiVice Chair
Ann BarbieriBoard Member
Barbara BarlowBoard Member
Betty McfarlaneBoard Member
Bonnie HauknessBoard Member
Christopher GreenBoard Member
Dan GroveBoard Member
Denise HoganBoard Member
Elizabeth BizicBoard Member
Fred BollererBoard Member
Heeren PatelBoard Member
Holli PloogBoard Member
Janet RemsBoard Member
Jim ClevelandBoard Member
Jim JonesBoard Member
Joan KellyBoard Member
Lezley McllveenBoard Member
Lindy BrewsterBoard Member
Maggie ParkerBoard Member
Mike TimcheckBoard Member
Pam TobeyBoard Member
Peter WinantBoard Member
Silvia MartinezBoard Member
Tom HendershotBoard Member
Cindy BeyerFormer Board Member
Matt ValentiniFormer Board Member
Jamie SaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$348,149
Program Service Revenue
$220,719
Investment Income
$258
Other Revenue
$0
All Other Contributions
$254,572
Change in Net Assets
$31,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$327,652
Salaries, Compensation, and Employee Benefits$210,074
Total Fundraising Expense$29,225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,015$37,670$19,219$193,904
Depreciation Depletion$48,831$16,277-$65,108
Fees for Services Other$11,160$25,291$6,800$43,251
Office Expenses$15,641$6,850$24$22,515
Occupancy$646$20,034-$20,680
Payroll Taxes$11,491$3,109$1,570$16,170
Other Expenses$6,416$8,730-$15,146
Insurance$10,207$2,605-$12,812
Advertising$12,025$355-$12,380
Information Technology$70$10,459-$10,529
All Other Expenses$4,620$258$1,612$6,490
Travel$1,826$33-$1,859
Interest-$3-$3
Total Functional Expenses$369,625$138,876$29,225$537,726
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, Line 11B

The board chairperson, treasurer and executive director review the 990 in detail prior to distribution to the board. Draft copies are provided to the board after filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to sign a conflict of interest policy as they join the board and annually thereafter.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Greater Reston Arts Center
EIN
54-0893116
Phone
7034719242
Address
12001 MARKET STREET NO 103, RESTON, VA 20190

Signing Officer

Name
Lily Siegel
Title
Executive Director and Curator
Phone
7034719242
Signed
2018-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lily Siegel
Formed
1974
Legal Domicile
Va
Voting Board Members
28
Independent Board Members
28
Employees
12
Volunteers
0

Preparer

Firm
Cst Group Cpas Pc
Address
10740 PARKRIDGE BLVD 5TH FLOOR, RESTON, VA 20191
Preparer
John M Persil
Phone
7033912000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4FORMER BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23FORMER BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GovernmentGrantsAmt074027
IRS990/GrantsPayableGrp/BOYAmt032080
IRS990/GrantsPayableGrp/EOYAmt038070
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0569126
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt028
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt010459
IRS990/InformationTechnologyGrp/ProgramServicesAmt070
IRS990/InformationTechnologyGrp/TotalAmt010529
IRS990/InsuranceGrp/ManagementAndGeneralAmt02605
IRS990/InsuranceGrp/ProgramServicesAmt010207
IRS990/InsuranceGrp/TotalAmt012812
IRS990/InterestGrp/ManagementAndGeneralAmt03
IRS990/InterestGrp/TotalAmt03
IRS990/InvestmentIncomeGrp/ExclusionAmt0258
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0258
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0795199
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01053571
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0988463
IRS990/LandBldgEquipCostOrOtherBssAmt01783662
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt019550
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE GREATER RESTON ARTS CENTER (GRACE) ENRICHES COMMUNITY LIFE BY PROMOTING INVOLVEMENT AND EXCELLENCE IN CONTEMPORARY VISUAL ARTS. IN PURSUIT OF THIS MISSION, GRACE PROVIDES A YEAR-ROUND PROGRAM OF CONTEMPORARY VISUAL ART EXHIBITIONS, EDUCATION PROGRAMS FOR ALL AGES, AND SPECIAL EVENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01276367
IRS990/NetAssetsOrFundBalancesEOYAmt01307767
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020034
IRS990/OccupancyGrp/ProgramServicesAmt0646
IRS990/OccupancyGrp/TotalAmt020680
IRS990/OfficeExpensesGrp/FundraisingAmt024
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06850
IRS990/OfficeExpensesGrp/ProgramServicesAmt015641
IRS990/OfficeExpensesGrp/TotalAmt022515
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05512
IRS990/OtherAssetsTotalGrp/EOYAmt04590
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TEMPORARY LABOR
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2PRINTING & PUBLICATION
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02598
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12750
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21854
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38730
IRS990/OtherExpensesGrp/ProgramServicesAmt053605
IRS990/OtherExpensesGrp/ProgramServicesAmt132758
IRS990/OtherExpensesGrp/ProgramServicesAmt223314
IRS990/OtherExpensesGrp/ProgramServicesAmt36416
IRS990/OtherExpensesGrp/TotalAmt056203
IRS990/OtherExpensesGrp/TotalAmt135508
IRS990/OtherExpensesGrp/TotalAmt225168
IRS990/OtherExpensesGrp/TotalAmt315146
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt019219
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt037670
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0137015
IRS990/OtherSalariesAndWagesGrp/TotalAmt0193904
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01570
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03109
IRS990/PayrollTaxesGrp/ProgramServicesAmt011491
IRS990/PayrollTaxesGrp/TotalAmt016170
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LILY SIEGEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0EVENT PROCEEDS
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0179689
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt141030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0179689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt141030
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: GRACE IS COMMITTED TO ITS DIVERSE EDUCATIONAL PROGRAMS TARGETING A BROAD CROSS-SECTION OF THE COMMUNITY. IN ADDITION TO OUR LONGSTANDING GRACE ART OUTREACH PROGRAM, UTILIZED BY NEARLY 40 SCHOOLS IN THE AREA AND IMPACTING OVER 20,000 CHILDREN, GRACE HAS CONTINUED TO OFFER INNOVATIVE PROGRAMS FOR CHILDREN INCLUDING THE EXPLORE MORE! ART BUCKETS, A POPULAR GALLERY DROP-IN PROGRAM; TGIF FREE FRIDAYS, FREE MONTHLY ART-MAKING PROGRAMS FOR CHILDREN; AND OUR ANNUAL SUMMER ART CAMPS OFFERING SUBSTANTIVE INSTRUCTION AND CREATIVITY FOR CAMPERS. ALL OF THESE PROGRAMS WERE OFFERED IN TANDEM WITH OUR REGULAR EXHIBITION OPENINGS, AS WELL AS TALKS AND WORKSHOPS PRESENTED BY ARTISTS PARTICIPATING IN OUR EXHIBITIONS, AND THE NEWLY CREATED CREATIVE RESPONSES, OFFERED FREE AND OPEN TO THE PUBLIC ONCE A MONTH, FOR WHICH EXPERTS IN THEIR FIELD RESPOND TO THE ARTWORK ON VIEW AND ENGAGE THE AUDIENCE IN CONVERSATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt066326
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt041030
IRS990/ProgSrvcAccomActy3Grp/Desc0EXHIBITIONS: GRACE MOUNTS SIX TO EIGHT CONTEMPORARY ART EXHIBITIONS EACH YEAR, TYPICALLY FEATURING WORK BY EMERGING AND ESTABLISHED ARTISTS FROM THE MID-ATLANTIC REGION. GRACE MOUNTS SOLO EXHIBITIONS AS WELL AS THEMATIC GROUP SHOWS, AND PRESENTS A DIVERSE EXHIBITION SCHEDULE FEATURING A BROAD RANGE OF CONTEMPORARY ARTISTS WORKING IN A WIDE VARIETY OF MEDIA. EXCEPTIONAL EXHIBITIONS IN THIS TIME PERIOD INCLUDED SHIH CHIEH HUANG: SYNTHETIC TRANSFORMATIONS, A SITE-SPECIFIC INTERACTIVE IMMERSIVE INSTALLATION, AND AN EXHIBITION BY ATLANTA-BASED ARTIST RADCLIFFE BAILEY ABOUT HIS FAMILY'S PERSONAL HISTORY WITH THE GREAT DISMAL SWAMP. TWO YOUTH ART MONTH EXHIBITIONS IN MARCH OF 2017 HIGHLIGHTED WORKS PRODUCED BY AREA ELEMENTARY STUDENTS THROUGH THE GRACE ART OUTREACH PROGRAM, AS WELL AS OUR ANNUAL HIGH SCHOOL ARTIST EXHIBITION, EMERGING VISIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0145852
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.13$0.89$0.66$0.64$0.03
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.07$0.86$0.56$0.66$0.10
2023Summary only. Only limited summary data is available for this year.$0.98$0.02$0.97$0.52$0.60$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.05$1.05$0.78$0.66$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.28$0.92$0.30$0.41$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.17$1.04$0.35$0.48$0.13
2019Summary only. Only limited summary data is available for this year.$1.22$0.05$1.17$0.52$0.57$0.05
2018Summary only. Only limited summary data is available for this year.$1.28$0.06$1.22$0.51$0.59$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.08$1.31$0.57$0.54$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.34$0.06$1.28$0.56$0.61$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.09$1.33$0.69$0.61$0.09
2014Summary only. Only limited summary data is available for this year.$1.35$0.10$1.25$0.63$0.55$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.16$1.16$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.12$1.22$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.08$1.32$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.11$1.37$0.61