Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Association for Visual Artists
EIN 58-1728801 • 501(c)3 • Chattanooga, TN
Profile
To connect visual arts and the community in personal and experiential ways because art makes communities better
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.14x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% 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.
Balance Sheet
Assets
Down$179,571
Down $102,180 (-36%) from 2024
Liabilities
Down$205,157
Down $47,643 (-19%) from 2024
Net Assets
Down-$25,586
Down $54,537 (-188%) from 2024
Revenue
Up$533,800
Up $27,347 (+5.4%) from 2024
Expenses
Up$588,337
Up $94,981 (+19%) from 2024
Net Income
Down-$54,537
Down $67,634 (-516%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $179,571
- Liabilities
- $205,157
- Net assets
- -$25,586
- Revenue
- $533,800
- Expenses
- $588,337
- Net income
- -$54,537
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Feb 13, 2026
- Return Version
- 2024v5.0
- Gross Receipts
- $533,800
Mission and Program Overview
Mission
To connect visual arts and the community in personal and experiential ways because art makes communities better
To connect visual arts and community in personal and experiential ways because art makes people and communities better.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $82,575 | $32,030 | ▼ $50,545 |
| Prepaid Expenses and Deferred Charges | $10,006 | $12,401 | ▲ $2,395 |
| Pledges and Grants Receivable | $11,000 | $0 | ▼ $11,000 |
| Land, Buildings, and Equipment, Net | $5,094 | $4,476 | ▼ $618 |
| Accounts Receivable | $2,129 | $2,129 | → $0 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $281,751 | $179,571 | ▼ $102,180 |
| Other Assets Total | $170,947 | $128,535 | ▼ $42,412 |
| Liabilities | |||
| Other Liabilities | $173,599 | $131,387 | ▼ $42,212 |
| Mortgage Notes Payable Secured by Investment Property | $71,962 | $70,151 | ▼ $1,811 |
| Accounts Payable and Accrued Expenses | $7,239 | $3,619 | ▼ $3,620 |
| Grants Payable | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $252,800 | $205,157 | ▼ $47,643 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Net Assets Without Donor Restrictions | $28,951 | $-25,586 | ▼ $54,537 |
| Total Net Assets Fund Balance | $28,951 | $-25,586 | ▼ $54,537 |
| Total Liabilities and Net Assets / Fund Balance | $281,751 | $179,571 | ▼ $102,180 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $4,045 | $158,840 | $162,885 |
| Equipment | $431 | $47,134 | $47,565 |
| Buildings | $0 | $0 | $0 |
| Other Land Buildings | $0 | $0 | $0 |
| Land | $0 | - | $0 |
| Other Assets Org | $128,535 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Lindsay Hill | Board Chair |
| Adrienne Powell | Member |
| Angie To | Member |
| Cara McGowan | Member |
| Caroline Jewell | Member |
| Caroline Walker | Member |
| Courtney Keehan | Member |
| Elizabeth Carriger | Member |
| Holly Schwartz | Member |
| Julius Hubbard | Member |
| Kirby Miles | Member |
| La-Tesia Poole | Member |
| Lisa Houser | Member |
| Maria Willison | Member |
| Mark Bradley-Shoup | Member |
| Philip Byrum | Member |
| Sheryl Benford | Member |
| Michelle Leavy | Secretary |
| Margaret Baird | VP/Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $282,495
- Program Service Revenue
- $205,407
- Investment Income
- $0
- Other Revenue
- $45,898
- All Other Contributions
- $224,031
- Change in Net Assets
- $-54,537
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $533,800
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Other Revenue Adjustments
- $0
- Total Revenue per Audited Statements
- $533,800
- Total Revenue per Form 990
- $533,800
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $386,762 |
| Salaries, Compensation, and Employee Benefits | $201,575 |
| Total Fundraising Expense | $77,465 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $90,851 | $43,803 | $27,580 | $162,234 |
| Other Expenses | $74,298 | $0 | $0 | $74,298 |
| Fees for Services Other | $34,952 | $16,058 | $11,403 | $62,413 |
| Occupancy | $28,576 | $15,896 | $7,752 | $52,224 |
| Office Expenses | $24,967 | $12,038 | $7,580 | $44,585 |
| Payroll Taxes | $22,031 | $10,622 | $6,688 | $39,341 |
| Advertising | $14,966 | $3,061 | $1,927 | $19,954 |
| Fees for Services Accounting | $10,670 | $5,938 | $2,446 | $19,054 |
| Insurance | $7,706 | $3,715 | $2,340 | $13,761 |
| Interest | $1,255 | $605 | $381 | $2,241 |
| Conferences and Meetings | $0 | $2,204 | $0 | $2,204 |
| Depreciation Depletion | $346 | $167 | $105 | $618 |
| Travel | $319 | $154 | $97 | $570 |
| Total Functional Expenses | $382,050 | $128,822 | $77,465 | $588,337 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $588,337 |
| Total Expenses per Audited Statements | $588,337 |
| Total Expenses per Form 990 | $588,337 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Other Expense Adjustments | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No