Civic Intelligence

Riff Arts Institute

EIN 83-2023185 • 501(c)3 • Richmond, VA

Profile

Support of independent film, music, writing, multimedia programs and entertainment. To embrace and provide educational resources for artists, youth, under-served communities, and individuals and group who make and support independent film, music, writing, the arts and entertainment.

3126 W Cary Street 605Richmond, VA 23221

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

23rd percentile

-21%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$3,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-80%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-21%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$2,920

Down $11,732 (-80%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$2,920

Down $11,732 (-80%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin23rd percentile

Revenue

Down

$56,832

Down $15,552 (-21%) from 2023

Expenses

Up

$68,564

Up $9,019 (+15%) from 2023

Net Income

Down

-$11,732

Down $24,571 (-191%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$15K$10K$5.0K$0Assets 2023: $14,652Liabilities 2023: $0Net Assets 2023: $14,6522023Assets 2024: $2,920Net Assets 2024: $2,9202024

Highlighted filing

2024

Assets$2,920
Liabilities-
Net Assets$2,920
Open 2024 Filing

Operations Trend

Revenue Growth33rd percentile

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

$100K$50K$0-$50KRevenue 2023: $72,384Expenses 2023: $59,545Net Income 2023: $12,8392023Revenue 2024: $56,832Expenses 2024: $68,564Net Income 2024: -$11,7322024

Highlighted filing

2024

Revenue$56,832
Expenses$68,564
Net Income-$11,732
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,920
Liabilities
-
Net assets
$2,920
Revenue
$56,832
Expenses
$68,564
Net income
-$11,732
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.92$2.92$56.8$68.6$11.7
2023Detailed filing. Detailed filing data is available for this year.$14.7$0.00$14.7$72.4$59.5$12.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$56,832
Mission and Program Overview

Mission

Support of independent film, music, writing, multimedia programs and entertainment. To embrace and provide educational resources for artists, youth, under-served communities, and individuals and group who make and support independent film, music, writing, the arts and entertainment.

Program Services

DescriptionGrantsExpenses
RIFF ARTS INSTITUTE SUPPORTED THE 13TH ANNUAL RICHMOND INTERNATIONAL FILM FESTIVAL FROM SEPTEMBER 24, 2024 THROUGH SEPTEMBER 29, 2024 AT VARIOUS VENUES IN RICHMOND, VIRGINIA.$64,300$64,300
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER WATERSPresidentPT$3,000-$3,000
K L STEWARTSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Riff Arts Institute
EIN
83-2023185
Phone
4042813748
Address
3126 W CARY STREET 605, RICHMOND, VA 23221

Signing Officer

Name
Heather Waters
Title
President
Signed
2025-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Financial Accounting Services LTD
Address
2250 E Parham Rd, Richmond, VA 23228
Preparer
John P Puccinelli Ea
Phone
8042647070
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: RICHMOND INTERNATIONAL FILM FESTIVAL | Donee's Address: 3126 W. CARY ST RICHMOND VA 23221 | Cash Amount Given: $64300”

Other Expenses.1003

“Information Technology $357”

Other Expenses.1

“BANK FEES $80”

Other Expenses.2

“SCC FEE $25”

Other Expenses.4

“EVENT COSTS $13”

Raw XML Appendix130 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0HEATHER WATERS
IRS990EZ/BooksInCareOfDetail/PhoneNum04042813748
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03126 W CARY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014652
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02920
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt056832
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11732
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0775
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014652
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02920
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt064300
IRS990EZ/GrossReceiptsAmt056832
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014652
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02920
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014652
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02920
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt03000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HEATHER WATERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1K L STEWART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0475
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT OF INDEPENDENT FILM, MUSIC, WRITING, MULTIMEDIA PROGRAMS AND ENTERTAINMENT. TO EMBRACE AND PROVIDE EDUCATIONAL RESOURCES FOR ARTISTS, YOUTH, UNDER-SERVED COMMUNITIES, AND INDIVIDUALS AND GROUP WHO MAKE AND SUPPORT INDEPENDENT FILM, MUSIC, WRITING, THE ARTS AND ENTERTAINMENT.
IRS990EZ/PrintingPublicationsPostageAmt014
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RIFF ARTS INSTITUTE SUPPORTED THE 13TH ANNUAL RICHMOND INTERNATIONAL FILM FESTIVAL FROM SEPTEMBER 24, 2024 THROUGH SEPTEMBER 29, 2024 AT VARIOUS VENUES IN RICHMOND, VIRGINIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt064300
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt064300
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt03000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt068564
IRS990EZ/TotalProgramServiceExpensesAmt064300
IRS990EZ/TotalRevenueAmt056832
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt072384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0129216
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0129216
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt072384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0129216
IRS990ScheduleA/TotalSupportAmt0129216
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: RICHMOND INTERNATIONAL FILM FESTIVAL | Donee's Address: 3126 W. CARY ST RICHMOND VA 23221 | Cash Amount Given: $64300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK FEES $80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCC FEE $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVENT COSTS $13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HEATHER WATERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIFF ARTS INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0RIFF
ReturnHeader/Filer/EIN0832023185
ReturnHeader/Filer/PhoneNum04042813748
ReturnHeader/Filer/USAddress/AddressLine1Txt03126 W CARY STREET 605
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023221
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541205155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Financial Accounting Services LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02250 E Parham Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Richmond
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023228
ReturnHeader/PreparerPersonGrp/PhoneNum08042647070
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN P PUCCINELLI EA
ReturnHeader/ReturnTs02025-10-30T11:48:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits