Public Art Virginia Beach Foundation Inc
- Assets
- $119.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 12/2013
- Data as of
- 06/2022
- EIN
- 46-1716704
Organization Overview
Public Art Virginia Beach Foundation Inc is located in Virginia Beach, VA. The organization was established in 2013. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Art Virginia Beach Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Public Art Virginia Beach Foundation Inc generated $12.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $721.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (39.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION FOCUSED ON THE DEVELOPMENT OF THEIR FIVE-YEAR PLAN TO ENHANCE PUBLIC ART IN VIRGINIA BEACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Fine President | 3 | $0 | |
Ann Crenshaw Director | 1 | $0 | |
Valerie Neff Director | 1 | $0 | |
Randy Sutton Vice President | 1 | $0 | |
Emily Labows Secretary/treasurer | 3 | $0 | |
Nancy Deford Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,518 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,529 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $712 |
| Total expenses | $721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,720 |
| Other assets | $0 |
| Total assets | $119,720 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,720 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Public Art Virginia Beach Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Hampton Roads Community Foundation Norfolk, VA PURPOSE: SUPPORT, UNSPECIFIED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |
Life Pieces To Masterpieces Washington, DC | $694,672 | $1,837,950 |
Mccoll Center For Art & Innovation Charlotte, NC | $14,043,354 | $2,439,387 |
The Bascom Corporation Highlands, NC | $11,572,802 | $1,588,338 |
Friends Of Southwest Virginia Abingdon, VA | $1,122,100 | $1,695,532 |
Virginia Center For The Creative Arts Amherst, VA | $8,632,012 | $1,792,927 |
Baltimore Clayworks Inc Baltimore, MD | $2,982,391 | $1,163,286 |