Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
EIN 54-0893116 • 501(c)3 • Reston, VA
Profile
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Assets
Up$1,017,276
Up $86,882 (+9.3%) from 2024
Liabilities
Up$127,100
Up $61,121 (+93%) from 2024
Net Assets
Up$890,176
Up $25,761 (+3.0%) from 2024
Revenue
Up$664,886
Up $107,556 (+19%) from 2024
Expenses
Down$639,125
Down $21,693 (-3.3%) from 2024
Net Income
Up$25,761
Up $129,249 (+125%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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.
Promote innovative contemporary art and thinking by providing a year-round program of contemporary visual art exhibitions. Education programs for all ages, and special events
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $702,471 | $675,286 | ▼ $27,185 |
| Cash and Non-Interest-Bearing Accounts | $150,854 | $283,255 | ▲ $132,401 |
| Accounts Receivable | $58,427 | $55,359 | ▼ $3,068 |
| Prepaid Expenses and Deferred Charges | $18,642 | $3,376 | ▼ $15,266 |
| Total Assets | $930,394 | $1,017,276 | ▲ $86,882 |
| Liabilities | |||
| Deferred Revenue | $52,467 | $102,364 | ▲ $49,897 |
| Accounts Payable and Accrued Expenses | $13,512 | $24,736 | ▲ $11,224 |
| Total Liabilities | $65,979 | $127,100 | ▲ $61,121 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $864,415 | $890,176 | ▲ $25,761 |
| Total Liabilities and Net Assets / Fund Balance | $930,394 | $1,017,276 | ▲ $86,882 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $632,213 | $599,867 | $1,232,080 |
| Leasehold Improvements | $39,033 | $489,106 | $528,139 |
| Equipment | $4,040 | $70,121 | $74,161 |
| Name | Title |
|---|---|
| Robert Goudie | Chair |
| Karen Lewis | 1st Vice Chair |
| Stephanie J Williams | 2nd Vice Chair |
| Ann Barbieri | Member |
| Justin Ruble | Member |
| Kerri Bouie | Member |
| Ricki Marion | Member |
| Scott Cryer | Member |
| Talib Aleem | Member |
| Wanda Raimundiortiz | Member |
| Janet Rems | Secretary |
| Jamie Saylor | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $372,609 |
| Salaries, Compensation, and Employee Benefits | $266,516 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | $247,558 | - | $247,558 |
| All Other Expenses | $102,252 | $6,707 | - | $108,959 |
| Other Expenses | $38,188 | $10,906 | - | $49,094 |
| Advertising | $44,193 | $235 | - | $44,428 |
| Depreciation Depletion | - | $36,132 | - | $36,132 |
| Fees for Services Accounting | - | $35,683 | - | $35,683 |
| Occupancy | - | $30,406 | - | $30,406 |
| Payroll Taxes | - | $18,958 | - | $18,958 |
| Insurance | - | $17,510 | - | $17,510 |
| Information Technology | $3,664 | $11,636 | - | $15,300 |
| Office Expenses | $12,781 | $1,979 | - | $14,760 |
| Travel | $3,586 | $4,844 | - | $8,430 |
| Fees for Services Other | - | $922 | - | $922 |
| Interest | - | $315 | - | $315 |
| Total Functional Expenses | $211,038 | $428,087 | $0 | $639,125 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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.”
“Board members are required to sign a conflict of interest policy as they join the board and annually thereafter.”
“The organization makes it governing documents, conflict of interest policy, and financial statements available upon request.”
“Tephra ica formalized our institutional policies by introducing an employee manual. This employee handbook (handbook) outlines tephra ica's philosophy, employment practices and policies, the benefits provided to our valued employees, and the conduct expected from our employees. This handbook supersedes all prior policies and procedures related to the topics covered. Items in this handbook should not be construed as making a binding contract or promise of any kind, and the policies contained herein are not conditions of employment. The handbook simply provides, for your information, some of our current guildlines which may be changed from time to time without notice. Tephra ica will comply with all applicable federal, state, and local laws. In the event of a conflict between any policy or porcedure and applicable law, the law will control and be followed. Tephra ica also introduced a board advisory council to allow for recognition and special status for long-serving board members or supporters who remain dedicated and engaged.”
“Contemporary visual art exhibitions, education programs for all ages, and special events including the northern virginia fine arts festival”
“Framing $3177.13; equipment rental $3646.21; salaried temporary labor $3848.06; contract temporary labor $49094.3; maintenance and repair $876; program expenses $60513.39; professional fees $26378.49; bank and merchant fees $13688.16; food and beverage $4736.51; event attendance fees $113.80; dues and membership fees $640.13; licenses, permits, taxes and fees $1956.18; professional development $56.92”
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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| IRS990/Desc | 0 | EVENTS: TEPHRA ICA PRODUCES A NUMBER OF EVENTS THAT EXPORE CONTEMPORARY ART AND OUR CURRENT EXHIBITIONS. THE TEPHRA ICA ARTS FESTIVAL, FORMERLY TITLED THE NORTHERN VIRGINIA FINE ARTS FESTIVAL, IS A NATIONALLY RANKED JURIED, OUTDOOR SHOW OFFERING THE COMMUNITY AN OPPORTUNITY TO ENJOY AND PURCHASE SUPPERIOR FINE ART AND FINE CRAFT FROM OVER 200 ARTISTS FROM AROUND THE COUNTRY. THE FESTIVAL IS BOTH THE INSTITUTION'S LARGEST FUNDRAISER, AND ITS MOST-ATTENDED EVENT, TYPICALLY ATTRACTING OVER 20,000 PEOPLE TO RESTON TOWN CENTER THAT WEEKEND. THERE ARE OPPORTUNITIES FOR PARTRONS TO ENGAGE WITH ART AND ARTISTS, EXPERIENCE INNOVATIVE PERFORMANCES AND ACTIVATIONS, AND FOR FAMILIES TO ENGAGE IN CREATIVE ARTMAKING. |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3376 |
| IRS990/PrincipalOfficerNm | 0 | ROBERT GOUDIE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | EXIHIBITION AND EVENT PROCEEDS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | EDUCATION |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 7576 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EDUCATION: TEPHRA ICA IS COMMITTED TO ITS DIVERSE EDUCATIONAL PROGRAMS THAT SEEK TO REACH AND ENGAGE A WIDE AND DIVERSE AUDIENCE OF ALL AGES. WE PARTNER WITH EXHIBITING ARTISTS, CURATORS, SCHOLARS AND EDUCATORS ON THE DEVELOPMENT OF UNIQUE PROGRAMS TO SERVE FAMILIES AND TEENS BOTH IN SCHOOL AND IN OUR GALLERIES. OUR WORKSHOPS INVITES PEOPLE OF ALL AGES TO PARTICIPATE IN FREE WORKSHOPS EITHER LED OR INSPIRED BY EXHIBITING ARTISTS. OUR EARTH DAY PROGRAMMING OFFERS OUTDOOR, ENVIRONMENTALLY FOCUSED, ARTS WORKSHOPS TO CREATIVES OF ALL AGES. WE ALSO SUPPORT THE DEVELOPMENT OF STUDENTS INTERESTED IN THE ARTS VIA OUR CAREER SESSIONS AND INTERNSHIP PROGRAM. |
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| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 7576 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | EXHIBITIONS: THE INSTITUTION MOUNTS SIX TO EIGHT CONTEMPORARY ART EXHIBITIONS EACH YEAR, TYPICALLY FEATURING WORK BY EMERGING AND ESTABLISHED REGIONAL AND NATIONAL ARTISTS. THIS INCLUDES SOLO EXHIBITIONS AS WELL AS THEMATIC GROUP SHOWS THAT PRESENT A BROAD RANGE OF CONTEMPORARY ARTISTS WORKING IN A WIDE VARIETY OF MEDIA. EACH EXHIBITION IS AUGMENTED WITH A SERIES OF PUBLIC PROGRAMS, INCLUDING CURATOR TALKS, ARTIST WORKSHOPS, AND OUR CREATIVE RESPONSE PROGRAM, FOR WHICH EXPERTS IN THEIR FIELD RESPOND TO THE ARTWORK ON VIEW AND ENGAGE THE AUDIENCE IN CONVERSATION. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CONTEMPORARY VISUAL ART EXHIBITIONS, EDUCATION PROGRAMS FOR ALL AGES, AND SPECIAL EVENTS INCLUDING THE NORTHERN VIRGINIA FINE ARTS FESTIVAL |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AS THEY JOIN THE BOARD AND ANNUALLY THEREAFTER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TEPHRA ICA FORMALIZED OUR INSTITUTIONAL POLICIES BY INTRODUCING AN EMPLOYEE MANUAL. THIS EMPLOYEE HANDBOOK (HANDBOOK) OUTLINES TEPHRA ICA'S PHILOSOPHY, EMPLOYMENT PRACTICES AND POLICIES, THE BENEFITS PROVIDED TO OUR VALUED EMPLOYEES, AND THE CONDUCT EXPECTED FROM OUR EMPLOYEES. THIS HANDBOOK SUPERSEDES ALL PRIOR POLICIES AND PROCEDURES RELATED TO THE TOPICS COVERED. ITEMS IN THIS HANDBOOK SHOULD NOT BE CONSTRUED AS MAKING A BINDING CONTRACT OR PROMISE OF ANY KIND, AND THE POLICIES CONTAINED HEREIN ARE NOT CONDITIONS OF EMPLOYMENT. THE HANDBOOK SIMPLY PROVIDES, FOR YOUR INFORMATION, SOME OF OUR CURRENT GUILDLINES WHICH MAY BE CHANGED FROM TIME TO TIME WITHOUT NOTICE. TEPHRA ICA WILL COMPLY WITH ALL APPLICABLE FEDERAL, STATE, AND LOCAL LAWS. IN THE EVENT OF A CONFLICT BETWEEN ANY POLICY OR PORCEDURE AND APPLICABLE LAW, THE LAW WILL CONTROL AND BE FOLLOWED. TEPHRA ICA ALSO INTRODUCED A BOARD ADVISORY COUNCIL TO ALLOW FOR RECOGNITION AND SPECIAL STATUS FOR LONG-SERVING BOARD MEMBERS OR SUPPORTERS WHO REMAIN DEDICATED AND ENGAGED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FRAMING $3177.13; EQUIPMENT RENTAL $3646.21; SALARIED TEMPORARY LABOR $3848.06; CONTRACT TEMPORARY LABOR $49094.3; MAINTENANCE AND REPAIR $876; PROGRAM EXPENSES $60513.39; PROFESSIONAL FEES $26378.49; BANK AND MERCHANT FEES $13688.16; FOOD AND BEVERAGE $4736.51; EVENT ATTENDANCE FEES $113.80; DUES AND MEMBERSHIP FEES $640.13; LICENSES, PERMITS, TAXES AND FEES $1956.18; PROFESSIONAL DEVELOPMENT $56.92 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I LINE 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART VI LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART VI LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART VI LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | PART VI LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | PART IX LINE 24E |
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