2023-12-19T11:29:14-05:00 2023-06-30 201485301 MEADOWS URQUHART ACREE & COOK LLP 1802 BAYBERRY CT 102 RICHMOND VA 232263773 990 2022-07-01 540721433 THE VISUAL ARTS CENTER OF RICHMOND VISU 8043530094 1812 WEST MAIN STREET RICHMOND VA 23220 JORDAN BROWN EXECUTIVE DIRECTOR 8043530094 2023-12-19 true JORDAN BROWN 888008888 true DAVID C ACREE CPA P00485825 8042495786 2023-12-19 2022 2023-04-26 12:10:37Z JORDAN BROWN 1812 WEST MAIN STREET RICHMOND VA 23220 3351200 false X WWW.VISARTS.ORG X 1963 VA THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS. 23 23 33 290 0 937481 1122614 1302570 1701104 1381 -27770 41645 47090 2283077 2843038 0 0 938951 1758750 0 495985 1304763 1330034 2243714 3088784 39363 -245746 6092452 5884531 355769 389915 5736683 5494616 X THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS. false false 1191455 1234753 EDUCATION: STUDIO CLASS PROGRAMS - FOR YOUTH AND ADULTS TO ENCOURAGE INDIVIDUAL EXPRESSION, SELF-DISCIPLINE, FOCUS AND CREATIVE EXPLORATION. RICHMOND, VA PUBLIC SCHOOL STUDENTS (ELEMENTARY & MIDDLE) RECEIVE FREE ART CLASSES AFTER SCHOOL. WE ALSO OFFER FREE PROGRAMMING FOR SENIORS AND SCHOLARSHIPS FOR PARTICIPANTS IN NEED. 516184 453512 SPECIAL EVENTS INCLUDING CRAFT & DESIGN SHOW AND OTHER SPECIAL PROGRAMS - SHOWCASE WORKS BY PROFESSIONAL ARTISTS. 232953 EXHIBITION PROGRAM - PRESENTS CONTEMPORARY ART THAT MODELS CREATIVE EXCELLENCE. FREE AND OPEN TO THE GENERAL PUBLIC. 325209 13019 OUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING. 325209 13019 2265801 true true false false false false false false false true true false false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 129 0 true 33 true false false false false false true true false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false X X X THE VISUAL ARTS CENTER OF RICHMOND 8043530094 1812 WEST MAIN STREET RICHMOND VA 23220 STEFANIE FEDOR FORMER EXEC 40.00 0.00 X X 112153 0 7101 KATE ACKERLY CHAIR 1.00 X X 0 0 0 ZHIELA ASHTIANI DIRECTOR 1.00 X 0 0 0 JENNY BASSETT DIRECTOR 1.00 X 0 0 0 CAPRICE BRAGG DIRECTOR 1.00 X 0 0 0 SANFORD SANDY BOND FAIA DIRECTOR 1.00 X 0 0 0 REBECCA GRAY DIRECTOR 1.00 X 0 0 0 STEVE HUMBLE DIRECTOR 1.00 X 0 0 0 ZACHARY P HUNT DIRECTOR 1.00 X 0 0 0 KAREN KELLY VICE CHAIR 1.00 X X 0 0 0 VIRGINIA GINNY LEWIS DIRECTOR 1.00 X 0 0 0 SUE ANN SAM MESSMER SECRETARY 1.00 X X 0 0 0 DIANNE NORDT DIRECTOR 1.00 X 0 0 0 SUSAN PARISH DIRECTOR 1.00 X 0 0 0 CAITLIN PORADA TREASURER 1.00 X X 0 0 0 PATRICK DE RIDDER DIRECTOR 1.00 X 0 0 0 DIEGO SANCHEZ DIRECTOR 1.00 X 0 0 0 DAVID SHUFORD DIRECTOR 1.00 X 0 0 0 FRANKIE SLAUGHTER DIRECTOR 1.00 X 0 0 0 JANE SPER DIRECTOR 1.00 X 0 0 0 EDDIE TERZIMEHIC DIRECTOR 1.00 X 0 0 0 CLARE TILTON DIRECTOR 1.00 X 0 0 0 NORVELL WHITAKER DIRECTOR 1.00 X 0 0 0 JEFF WILSON DIRECTOR 1.00 X 0 0 0 112153 7101 1 false false false 90118 203204 829292 1122614 TUITION 611710 1234753 1234753 SPECIAL EVENTS 561499 453332 453332 STUDIO RENTAL 532000 13019 13019 1701104 2819 2819 37256 37256 37256 37256 460000 490589 -30589 -30589 -30589 27407 17573 9834 9834 2843038 1710938 9486 127920 98498 6396 23026 1474428 1135310 73721 265397 6751 5198 338 1215 78758 60644 3938 14176 70893 54587 3545 12761 6000 4188 516 1296 68057 47499 5855 14703 183074 127771 15751 39552 53529 33229 19850 450 40504 37414 2856 234 48701 32778 5062 10861 232606 156554 24176 51876 25917 17443 2694 5780 175476 140381 8774 26321 16258 10942 1690 3626 PROGRAM SUPPLIES 206459 116821 89638 MEALS & ENTERTAINMENT 120538 103188 14917 2433 OTHER SUPPLIES 92962 63784 9275 19903 CAPITAL EXPENDITURES 30529 30529 29424 19572 7477 2375 3088784 2265801 326998 495985 619179 538555 33850 18016 9340 150 39629 24143 6516330 2515598 4057891 4000732 1332563 1302935 6092452 5884531 87384 153540 223549 236375 44836 355769 389915 X 4805322 4577840 931361 916776 5736683 5494616 6092452 5884531 -245746 3679 X false true X true false X 1015570 987983 1369119 937481 1122614 5432767 1015570 987983 1369119 937481 1122614 5432767 1122895 4309872 25281 46801 32585 39490 40075 184232 5616999 6825518 0.76730 0.75040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 836861 10180 50055 796986 858869 12349 34357 836861 658624 233800 33555 858869 679792 25000 -13041 33127 658624 688242 3000 21126 32576 679792 1.00000 true false 513744 513744 5570946 2154816 3416130 280738 227029 53709 150902 133753 17149 4000732 THE 1812 FUND 505949 THE IMAGINE FUND 378544 JO B KENNEDY FUND 222335 C. WEINSTEIN CRTV WRTG ENDWMNT 70064 SHELLY SHEPHERD MASTER TEACHER 57120 LESLIE SHIEL SCHOLARSHIP 37609 VISUAL ARTS SCHOLARSHIP FUND 31314 1302935 X 2982437 3679 135720 139399 2843038 2843038 3224504 135720 135720 3088784 3088784 SCHEDULE D, PAGE 2, PART V, LINE 4 ON MARCH 17, 2010, THE CENTER'S BOARD OF DIRECTORS ENTERED INTO AN AGREEMENT WITH THE COMMUNITY FOUNDATION (TCF) TO CREATE AGENCY FUNDS AS DESCRIBED UNDER FASB ASC 958, NOT-FOR-PROFIT ENTITIES (FORMERLY FASB STANDARD NO. 136, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT CENTER OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS). THE FUNDS WERE TITLED THE IMAGINE FUND FOR THE VISUAL ARTS CENTER OF RICHMOND, THE JO BOWMAN KENNEDY ENDOWMENT FUND, THE CAROLE WEINSTEIN ENDOWMENT FOR CREATIVE WRITING FUND, AND THE LESLIE SHIEL SCHOLARSHIP IN CREATIVE WRITING FUND. THE JO BOWMAN KENNEDY ENDOWMENT FUND IS A PERMANENTLY RESTRICTED ENDOWMENT CREATED TO HONOR JO BOWMAN KENNEDY, THE CENTER'S FORMER PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE CAROLE WEINSTEIN ENDOWMENT FOR CREATIVE WRITING FUND AND THE LESLIE SHIEL SCHOLARSHIP IN CREATIVE WRITING FUND WERE DONOR RESTRICTED FUNDS SET ASIDE FOR FUTURE DONOR STIPULATED PURPOSES AND THE IMAGINE FUND CONSISTS OF FUNDS WITH NO DONOR IMPOSED RESTRICTIONS. ON JULY 15, 2011 A GIFT WAS RECEIVED TO SET UP AN ADDITIONAL FUND CALLED THE SHELLY SHEPHERD MASTER TEACHER AWARD ENDOWMENT. DUE TO THE TERMS OF THE AGREEMENT WITH TCF ALL OF THESE FUNDS ARE DESIGNATED AS DONOR RESTRICTED. ON JANUARY 21, 2020 A GIFT WAS RECEIVED TO SET UP A FUND CALLED THE ENDOWMENT FUND FOR SCHOLARSHIPS. DUE TO THE TERMS OF THE AGREEMENT WITH TCF, ALL OF THESE FUNDS ARE DESIGNATED AS DONOR RESTRICTED. SCHEDULE D, PAGE 3, PART X THE CENTER IS A VIRGINIA NOT-FOR-PROFIT CORPORATION WHICH IS NOT CLASSIFIED AS A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CENTER HAS CONCLUDED THAT IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2023 OR 2022. FORM 990, PAGE 2, PART III, LINE 4D OUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING. FORM 990, PAGE 6, PART VI, LINE 11B ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL RESPONSIBLE PERSONS ARE REQUIRED TO ACKNOWLEDGE REVIEW OF POLICY IN WRITING AND COMPLETE AN ANNUAL DISCLOSURE. POLICY IS REVIEWED ANNUALLY BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE DIRECTOR'S SALARY DETERMINED BY ANNUAL REVIEW OF BOARD OF DIRECTORS COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15B EXECUTIVE DIRECTOR ANNUALLY REVIEWS KEY EMPLOYEES AND ADJUSTS SALARIES AS CONSIDERED NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.