Civic Intelligence

Live Arts Inc

EIN 54-1527799 • 501(c)3 • Charlottesville, VA

Profile

To forge theater and community since 1990.

123 E Water StreetCharlottesville, VA 22902

www.livearts.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.10x

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

50th percentile

4.5%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

52nd percentile

4.5%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

40%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,163,064

Down $85,665 (-6.9%) from 2023

Liabilities

Up

$165,830

Up $43,641 (+36%) from 2023

Net Assets

Down

$997,234

Down $129,306 (-11%) from 2023

Revenue

Down

$966,800

Down $46,315 (-4.6%) from 2023

Expenses

Up

$1,103,463

Up $23,124 (+2.1%) from 2023

Net Income

Down

-$136,663

Down $69,439 (-103%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $411,960Liabilities 2011: $71,706Net Assets 2011: $340,2542011Assets 2012: $406,942Liabilities 2012: $53,354Net Assets 2012: $353,5882012Assets 2013: $450,117Liabilities 2013: $53,193Net Assets 2013: $396,9242013Assets 2014: $1,847,105Liabilities 2014: $287,285Net Assets 2014: $1,559,8202014Assets 2015: $1,555,952Liabilities 2015: $144,064Net Assets 2015: $1,411,8882015Assets 2016: $1,300,327Liabilities 2016: $67,940Net Assets 2016: $1,232,3872016Assets 2017: $1,276,644Liabilities 2017: $89,044Net Assets 2017: $1,187,6002017Assets 2018: $1,280,323Liabilities 2018: $96,080Net Assets 2018: $1,184,2432018Assets 2019: $1,293,676Liabilities 2019: $71,981Net Assets 2019: $1,221,6952019Assets 2020: $1,236,448Liabilities 2020: $92,439Net Assets 2020: $1,144,0092020Assets 2021: $1,279,605Liabilities 2021: $41,304Net Assets 2021: $1,238,3012021Assets 2022: $1,337,450Liabilities 2022: $139,025Net Assets 2022: $1,198,4252022Assets 2023: $1,248,729Liabilities 2023: $122,189Net Assets 2023: $1,126,5402023Assets 2024: $1,163,064Liabilities 2024: $165,830Net Assets 2024: $997,2342024

Highlighted filing

2024

Assets$1,163,064
Liabilities$165,830
Net Assets$997,234

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $846,894Expenses 2011: $770,932Net Income 2011: $75,9622011Revenue 2012: $838,040Expenses 2012: $823,669Net Income 2012: $14,3712012Revenue 2013: $951,300Expenses 2013: $907,964Net Income 2013: $43,3362013Revenue 2014: $1,248,422Expenses 2014: $961,716Net Income 2014: $286,7062014Revenue 2015: $869,045Expenses 2015: $1,016,977Net Income 2015: -$147,9322015Revenue 2016: $847,910Expenses 2016: $1,027,411Net Income 2016: -$179,5012016Revenue 2017: $805,463Expenses 2017: $857,909Net Income 2017: -$52,4462017Revenue 2018: $875,491Expenses 2018: $887,691Net Income 2018: -$12,2002018Revenue 2019: $983,925Expenses 2019: $955,073Net Income 2019: $28,8522019Revenue 2020: $759,253Expenses 2020: $842,352Net Income 2020: -$83,0992020Revenue 2021: $707,865Expenses 2021: $645,125Net Income 2021: $62,7402021Revenue 2022: $991,716Expenses 2022: $947,350Net Income 2022: $44,3662022Revenue 2023: $1,013,115Expenses 2023: $1,080,339Net Income 2023: -$67,2242023Revenue 2024: $966,800Expenses 2024: $1,103,463Net Income 2024: -$136,6632024

Highlighted filing

2024

Revenue$966,800
Expenses$1,103,463
Net Income-$136,663

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.17$1.00$0.97$1.10$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.12$1.13$1.01$1.08$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.14$1.20$0.99$0.95$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.04$1.24$0.71$0.65$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.09$1.14$0.76$0.84$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.29$0.07$1.22$0.98$0.96$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.10$1.18$0.88$0.89$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.09$1.19$0.81$0.86$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.30$0.07$1.23$0.85$1.03$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.14$1.41$0.87$1.02$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.85$0.29$1.56$1.25$0.96$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.05$0.40$0.95$0.91$0.04
2012Summary only. Only limited summary data is available for this year.$0.41$0.05$0.35$0.84$0.82$0.01
2011Summary only. Only limited summary data is available for this year.$0.41$0.07$0.34$0.85$0.77$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$966,800
Mission and Program Overview

Mission

To develop community and cultural events

To forge theater and community since 1990.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$812,910$787,077▼ $25,833
Investments Program Related$338,116$281,662▼ $56,454
Cash and Non-Interest-Bearing Accounts$70,549$65,479▼ $5,070
Accounts Receivable$27,154$28,846▲ $1,692
Total Assets$1,248,729$1,163,064▼ $85,665
Liabilities
Deferred Revenue$66,205$159,928▲ $93,723
Accounts Payable and Accrued Expenses$53,369$3,287▼ $50,082
Other Liabilities$2,615$2,615→ $0
Total Liabilities$122,189$165,830▲ $43,641
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,126,540$997,234▼ $129,306
Total Net Assets Fund Balance$1,126,540$997,234▼ $129,306
Total Liabilities and Net Assets / Fund Balance$1,248,729$1,163,064▼ $85,665

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$774,052$439,961$1,214,013
Equipment$13,025$315,434$328,459
Other Land Buildings-$154,352$154,352
Investment Program Related Org$281,662--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$131,966-▲ $7,475-$139,441
Compensation and Service Providers

Board Members and Trustees

NameTitle
Miller SusenPresident
Ashlee ThompsonDirector
Bonita PattonDirector
Jacquelyn NascaDirector
James BurnettDirector
Jennifer LoveDirector
John OprandyDirector
Kate LeslieDirector
Larissa SneathernDirector
Lisa BowersDirector
Patti HartiganDirector
Sarah CainDirector
Scott DunnDirector
Jennifer NewellDevelopment
Lisa CapraroExecutive Di
Willa NealeGovernance C
Rob DunnenbergerSecretary
Silas ByrneTreasurer
Ckalib NelsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$503,578
Program Service Revenue
$431,311
Investment Income
$6,714
Other Revenue
$25,197
All Other Contributions
$435,443
Change in Net Assets
$-136,663

Audited Revenue Reconciliation

Revenue per Audited Statements
$966,800
Revenue Not Reported on Form 990
$39,847
Total Revenue per Audited Statements
$1,006,647
Total Revenue per Form 990
$966,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$595,410
Salaries, Compensation, and Employee Benefits$508,053
Total Fundraising Expense$89,320
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$256,396$110,515$75,150$442,061
Occupancy$160,773$6,850$1,255$168,878
Advertising$43,437--$43,437
Other Employee Benefits$21,813$9,402$6,394$37,609
Depreciation Depletion$18,542$18,542-$37,084
Travel-$31,420-$31,420
Payroll Taxes$16,462$7,096$4,825$28,383
All Other Expenses$6,278$13,086$1,696$21,060
Other Expenses$19,847$14,932-$14,932
Insurance$8,572$952-$9,524
Total Functional Expenses$764,508$249,635$89,320$1,103,463

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,143,310
Expenses per Audited Statements$1,103,463
Total Expenses per Form 990$1,103,463
Expenses Not Reported on Form 990$39,847
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
Gift Cards Payable$2,615
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 990 is submitted to the treasurer and finance committee to review, and then it is passed on to the full board for approval.

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

All board members must declare all possible conflicts of interest annually at the board orientation and retreat. The board then votes to respond to each declared conflict individually.

Form 990, Page 6, Part VI, Line 15A

See attached memo for process of determining compensation.

Form 990, Page 6, Part VI, Line 15B

See attached memo for process of determining compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public by request to the executive director or any board member. Documents are kept in the office.

Filing and Contact Details

Filer

Filer Name
Live Arts Inc
EIN
54-1527799
Phone
4349774177
Address
123 E WATER STREET, CHARLOTTESVILLE, VA 22902

Signing Officer

Name
Lisa Capraro
Title
Executive Director
Phone
4349774177
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Capraro
Formed
1990
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
14

Preparer

Firm
Robinson Farmer Cox Associates
Address
530 WESTFIELD RD, CHARLOTTESVILLE, VA 22901-1726
Preparer
David E Foley
Phone
4349738314
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

As the anchor tenant in a four-story performance space in the heart of downtown charlottesville, live arts is a hub for creativity, theater education, and community connection. Each year, we present a compelling season of plays and musicals. We welcome students of all ages to our year- round classes and workshops, offer teen playwriting programs, and run youth summer camps that introduce young artists to all aspects of the theater. We support the development of local works and provide resources for volunteer-led groups including a playwriting lab, script reading group, and costume and scenic guilds. And for more than two decades, we have provided tech support to high school and college theater companies performing in scotland at the edinburgh festival fringe. Powered by more than 1,000 volunteers, we are a national model for engaged community theater. For more than three decades, we've dedicated ourselves to the mission of "forging theater and community" in charlottesville, virginia. Our engagement in local communities runs deep, and we happily attract participants and audiences from across central virginia. We're known for exceptionally high caliber productions that reflect the remarkable talent of our volunteer actors and productions teams.

Form 990, Part XI, Line 9

Special events expenses 0 special events expenses 0

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Special events expenses 0

Schedule D, Page 4, Part XII, Line 2D

Special events expenses 0

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IRS990/Desc0AS THE ANCHOR TENANT IN A FOUR-STORY PERFORMANCE SPACE IN THE HEART OF DOWNTOWN CHARLOTTESVILLE, LIVE ARTS IS A HUB FOR CREATIVITY, THEATER EDUCATION, AND COMMUNITY CONNECTION. EACH YEAR, WE PRESENT A COMPELLING SEASON OF PLAYS AND MUSICALS. WE WELCOME STUDENTS OF ALL AGES TO OUR YEAR- ROUND CLASSES AND WORKSHOPS, OFFER TEEN PLAYWRITING PROGRAMS, AND RUN YOUTH SUMMER CAMPS THAT INTRODUCE YOUNG ARTISTS TO ALL ASPECTS OF THE THEATER. WE SUPPORT THE DEVELOPMENT OF LOCAL WORKS AND PROVIDE RESOURCES FOR VOLUNTEER-LED GROUPS INCLUDING A PLAYWRITING LAB, SCRIPT READING GROUP, AND COSTUME AND SCENIC GUILDS. AND FOR MORE THAN TWO DECADES, WE HAVE PROVIDED TECH SUPPORT TO HIGH SCHOOL AND COLLEGE THEATER COMPANIES PERFORMING IN SCOTLAND AT THE EDINBURGH FESTIVAL FRINGE. POWERED BY MORE THAN 1,000 VOLUNTEERS, WE ARE A NATIONAL MODEL FOR ENGAGED COMMUNITY THEATER. FOR MORE THAN THREE DECADES, WE'VE DEDICATED OURSELVES TO THE MISSION OF "FORGING THEATER AND COMMUNITY" IN CHARLOTTESVILLE, VIRGINIA. OUR ENGAGEMENT IN LOCAL COMMUNITIES RUNS DEEP, AND WE HAPPILY ATTRACT PARTICIPANTS AND AUDIENCES FROM ACROSS CENTRAL VIRGINIA. WE'RE KNOWN FOR EXCEPTIONALLY HIGH CALIBER PRODUCTIONS THAT REFLECT THE REMARKABLE TALENT OF OUR VOLUNTEER ACTORS AND PRODUCTIONS TEAMS.
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