Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
990 • Fiscal year 2025 • EIN 54-1382320
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
58th percentile
Higher top officer pay than 58% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Down$566,988
Down $201,596 (-26%) from 2024
Net Assets
Down$537,510
Down $188,698 (-26%) from 2024
Liabilities
Down$29,478
Down $12,898 (-30%) from 2024
Revenue
Up$339,733
Up $15,706 (+4.8%) from 2024
Expenses
Up$548,748
Up $427,740 (+353%) from 2024
Net Income
Down-$209,015
Down $412,034 (-203%) from 2024
The foundation brings various music activities to the general public that are educational and entertaining. We also stage productions to secondary and high school education programs.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $726,208 | $537,510 | ▼ $188,698 |
| Investments in Publicly Traded Securities | $605,414 | $450,401 | ▼ $155,013 |
| Cash and Non-Interest-Bearing Accounts | $122,584 | $64,964 | ▼ $57,620 |
| Prepaid Expenses and Deferred Charges | $31,500 | $40,438 | ▲ $8,938 |
| Accounts Receivable | $6,040 | $9,010 | ▲ $2,970 |
| Land, Buildings, and Equipment, Net | $3,046 | $2,175 | ▼ $871 |
| Total Assets | $768,584 | $566,988 | ▼ $201,596 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $20,764 | $16,047 | ▼ $4,717 |
| Deferred Revenue | $20,460 | $12,870 | ▼ $7,590 |
| Other Liabilities | $1,152 | $561 | ▼ $591 |
| Total Liabilities | $42,376 | $29,478 | ▼ $12,898 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $726,208 | $537,510 | ▼ $188,698 |
| Total Liabilities and Net Assets / Fund Balance | $768,584 | $566,988 | ▼ $201,596 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $2,175 | $40,685 | - |
| Name | Title |
|---|---|
| Jamie Tucker | President |
| Susan Mcfadden | Vice President |
| Aleta Hoffman | Director |
| Brian Dickson | Director |
| Cassie Thompson | Director |
| Cindy Dullea | Director |
| Destiny Carter | Director |
| Greg Kirkbride | Director |
| Gus Shelton | Director |
| Hoppie Cockrell | Director |
| Jim Arrison | Director |
| Megan Stephens | Director |
| Michael Hayden | Director |
| Michelle Giese | Director |
| Noah Sharp | Director |
| Pete Epps | Director |
| Peter Porteous | Director |
| Betty Mill | Secretary |
| Valarie Hayden | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $450,000 |
| Other Expenses | $73,823 |
| Salaries, Compensation, and Employee Benefits | $24,925 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $450,000 | - | - | $450,000 |
| Other Expenses | $48,120 | $0 | $0 | $48,120 |
| Other Salaries and Wages | $11,577 | $11,577 | $0 | $23,154 |
| Office Expenses | $4,883 | $7,876 | $0 | $12,759 |
| Information Technology | $6,768 | $0 | $0 | $6,768 |
| Advertising | $2,570 | $0 | $0 | $2,570 |
| Payroll Taxes | $0 | $1,771 | $0 | $1,771 |
| Fees for Service Investment Mgmnt Fees | $1,695 | $0 | $0 | $1,695 |
| Depreciation Depletion | $871 | $0 | $0 | $871 |
| Insurance | $0 | $841 | $0 | $841 |
| Fees for Services Legal | $0 | $199 | $0 | $199 |
| Total Functional Expenses | $526,484 | $22,264 | $0 | $548,748 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Liabilities | $561 |
“990 is available to all directors for review”
“Director michael hayden is the spouse of treasurer valarie hayden. Both individuals serve on the board of rappahannock foundation for the arts. Rappahannock foundation of the arts maintains a written conflict-of-interest policy and both individuals annually disclose their relationship. They recuse themselves from board decisions where a conflict may arise.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 16047 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 9010 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE FOUNDATION BRINGS VARIOUS MUSIC ACTIVITIES TO THE GENERAL PUBLIC THAT ARE EDUCATIONAL AND ENTERTAINING. WE ALSO STAGE PRODUCTIONS TO SECONDARY AND HIGH SCHOOL EDUCATION PROGRAMS. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 2570 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2570 |
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| IRS990/BackupWthldComplianceInd | 0 | true |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8044385555 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | KILMARNOCK |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 64964 |
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| IRS990/CYProgramServiceRevenueAmt | 0 | 83375 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 24925 |
| IRS990/CYTotalExpensesAmt | 0 | 548748 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 20460 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 12870 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
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| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 871 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 871 |
| IRS990/Desc | 0 | THE FOUNDATIONS PROVIDES EDUCATION PRODUCTIONS TO SECONDARY AND HIGH SCHOOL STUDENTS AND CONCERTS TO THE GENERAL PUBLIC. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 526484 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 199 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 199 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt | 0 | 0 |
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| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 1695 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SUSAN MCFADDEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | VALARIE HAYDEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CINDY DULLEA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BETTY MILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | HOPPIE COCKRELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PETE EPPS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ALETA HOFFMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | BRIAN DICKSON |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JIM ARRISON |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | PETER PORTEOUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MEGAN STEPHENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MICHELLE GIESE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | MICHAEL HAYDEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | NOAH SHARP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | CASSIE THOMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | DESTINY CARTER |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 19 |
| IRS990/GrantAmt | 0 | 450000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 450000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 450000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
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| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 19 |
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| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 6768 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 6768 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 841 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 841 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 26356 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 605414 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 450401 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 40685 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3046 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2175 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 42860 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE FOUNDATION BRINGS VARIOUS MUSIC ACTIVITIES TO THE GENERAL PUBLIC THAT ARE EDUCATIONAL AND ENTERTAINING. WE ALSO STAGE PRODUCTIONS TO SECONDARY AND HIGH SCHOOL EDUCATION PROGRAMS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 990 IS AVAILABLE TO ALL DIRECTORS FOR REVIEW |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DIRECTOR MICHAEL HAYDEN IS THE SPOUSE OF TREASURER VALARIE HAYDEN. BOTH INDIVIDUALS SERVE ON THE BOARD OF RAPPAHANNOCK FOUNDATION FOR THE ARTS. RAPPAHANNOCK FOUNDATION OF THE ARTS MAINTAINS A WRITTEN CONFLICT-OF-INTEREST POLICY AND BOTH INDIVIDUALS ANNUALLY DISCLOSE THEIR RELATIONSHIP. THEY RECUSE THEMSELVES FROM BOARD DECISIONS WHERE A CONFLICT MAY ARISE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 2 |
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Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.