The Visual Arts Center Of Richmond

Organization Overview

The Visual Arts Center Of Richmond is located in Richmond, VA. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Visual Arts Center Of Richmond employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visual Arts Center Of Richmond 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, Visual Arts Center Of Richmond generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE VISUAL ARTS CENTER OF RICHMOND ENGAGES THE COMMUNITY IN THE CREATIVE PROCESS THROUGH THE VISUAL ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


SPECIAL EVENTS INCLUDING CRAFT & DESIGN SHOW AND OTHER SPECIAL PROGRAMS - SHOWCASE WORKS BY PROFESSIONAL ARTISTS.


EXHIBITION PROGRAM - PRESENTS CONTEMPORARY ART THAT MODELS CREATIVE EXCELLENCE. FREE AND OPEN TO THE GENERAL PUBLIC.


OUTREACH: ARTIST STUDIO RENTAL PROGRAM - PROVIDES LOCAL ARTISTS WITH AFFORDABLE CREATIVE SPACE IN A STUDIO SETTING.


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Board, Officers & Key Employees

Name (title)Compensation
Stefanie Fedor
Executive Di
$111,150
Katie Deluca
Education Ch
$0
Sue Ann Messmer
Secretary
$0
Joel Ray
Treasurer
$0
David Shuford
Chair
$0
Kate Ackerly
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$69,645
Fundraising events$0
Related organizations$0
Government grants $166,589
All other contributions, gifts, grants, and similar amounts not included above$701,247
Noncash contributions included in lines 1a–1f $5,109
Total Revenue from Contributions, Gifts, Grants & Similar$937,481
Total Program Service Revenue$1,302,570
Investment income $1,381
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $38,109
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,536
Miscellaneous Revenue$0
Total Revenue $2,283,077

Grants Recieved

Over the last fiscal year, we have identified 20 grants that The Visual Arts Center Of Richmond has recieved totaling $265,480.

Awarding OrganizationAmount
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$75,109
Dominion Energy Charitable Foundation

Richmond, VA

PURPOSE: VISARTS 21-22 PROGRAMS

$72,000
Constance C & Linwood A Lacy Jr Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$20,000
Allan And Margot Blank Foundation

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$20,000
Cultureworks Inc

Richmond, VA

PURPOSE: Support Excellence in the Arts in the Richmond Region

$15,072
Freeman Family Foundation

Manakinsabot, VA

PURPOSE: ART AFTER SCHOOL

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$858,869
Earnings$12,349
Grants$34,357
Ending Balance$836,861

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