Greater Reston Arts Center Inc is located in Reston, VA. The organization was established in 1974. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Greater Reston Arts Center Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Reston Arts Center 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 08/2021, Greater Reston Arts Center Inc generated $298.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $413.1k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER RESTON ARTS CENTER (GRACE) ENRICHES COMMUNITY LIFE BY PROMOTING INVOLVEMENT AND EXCELLENCE IN CONTEMPORARY VISUAL ARTS. IN PURSUIT OF THIS MISSION GRACE PROVIDES A YEAR-ROUND PROGRAM OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS: THE TEPHRA ICA FESTIVAL, FORMERLY THE NORTHERN VIRGINIA FINE ARTS FESTIVAL, IS A NATIONALLY RANKED, JURIED, OUTDOOR SHOW OFFERING THE COMMUNITY AN OPPORTUNITY TO ENJOY AND PURCHASE SUPERIOR FINE ART AND FINE CRAFT FROM OVER 200 ARTISTS. THE FESTIVAL IS BOTH THE INSTITUTION'SLARGEST FUNDRAISER, AND ITS MOST-ATTENDED EVENT, TYPICALLY ATTRACTING OVER 20,000 PEOPLE TO RESTON TOWN CENTER THAT WEEKEND. THERE ARE OPPORTUNITIES FOR PATRONS TO ENGAGE IN ART, EXPERIENCE INNOVATIVE PERFORMANCES, AND FOR FAMILIES TO ENGAGE IN CREATIVE ARTMAKING. THE 2021 FESTIVAL WAS POSTPONED TO SEPTEMBER 2021 DUE TO COVID-19, SO IT DID NOT OCCUR IN THIS REPORTING PERIOD.
EDUCATION: THE INSTITUTION IS COMMITTED TO ITS DIVERSE EDUCATIONAL PROGRAMS THAT SEEK TO REACH AND ENGAGE THE WIDE AND DIVERSE AUDIENCE WE SERVE. WE ANNUALLY PUT ON OUR EMERGING VISIONS EXHIBITION, WHICH INVITES STUDENTS K-12 FROM ACROSS THE COUNTY TO COME IN AND VIEW THE EXHIBITION; AND WITH THEIR TEACHERS (ASSISTED BY A CURRICULUM WE PROVIDE), CREATE ART INSPIRED BY THAT EXHIBITION EXPERIENCE. SELECTED WORKS ARE THEN SHOWN IN OUR GALLERY. WE HAVE CONTINUED TO OFFER OTHER INNOVATIVE PROGRAMS FOR CHILDREN, INCLUDING EXPLORE MORE!, A POPULAR GALLERY DROP-IN PROGRAM;, FREE ART-MAKING PROGRAMS FOR CHILDREN; AND OUR ANNUAL SUMMER ART CAMPS OFFERING SUBSTANTIVE INSTRUCTION AND CREATIVITY FOR CAMPERS.
EXHIBITIONS: THE INSTITUTION MOUNTS SIX TO EIGHT CONTEMPORARY ART EXHIBITIONS EACH YEAR, TYPICALLY FEATURING WORK BY EMERGING AND ESTABLISHED ARTISTS FROM THE MID-ATLANTIC REGION. THIS INCLUDES SOLO EXHIBITIONS AS WELL AS THEMATIC GROUP SHOWS AND PRESENTS A DIVERSE EXHIBITION SCHEDULE FEATURING A BROAD RANGE OF CONTEMPORARY ARTISTS WORKING IN A WIDE VARIETY OF MEDIA. EXCEPTIONAL EXHIBITIONS IN THIS TIME PERIOD INCLUDED THE QUANTUM SHIFT EXHIBITION FEATURING WORK FROM LIGHT AND SPACE ARTIST GISELA COLON RECEIVING COVERAGE IN THE WASHINGTON POST, OUR ANNUAL INVITATIONAL EXHIBITION HIGHLIGHTING REGIONAL ARTISTS TITLED AN EXCELLENT THOUGHT ABOUT A QUALITY IDEA, ANNE SMITH: A POINT OF LONGING, AND AMANDA OUTCALT: FLEETING MOMENTS. AS AN EXTENSION OF THE QUANTUM SHIFT EXHIBITION, WE INSTALLED ONE OF THE MONOLITH SCULPTURES IN WASHINGTON, DC JAMES MONROE PARK. EACH EXHIBITION IS AUGMENTED WITH A SERIES OF PUBLIC PROGRAMS, INCLUDING CURATOR TALKS, ARTIST WORKSHOPS, AND OUR CREATIVE RESPONSE PROGRAM, FOR WHICH EXPERTS IN THEIR FIELD RESPOND TO THE ARTWORK ON VIEW AND ENGAGE THE AUDIENCE IN CONVERSATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Goudie Chair | OfficerTrustee | 1 | $0 |
Charles Kapur 2nd Vice Chair | OfficerTrustee | 1 | $0 |
Maryam Ovissi 1st Vice Chair | OfficerTrustee | 1 | $0 |
Ann Barbieri Member | Trustee | 1 | $0 |
Elizabeth Bizic Member | Trustee | 1 | $0 |
Jim Cleveland Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $20,031 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $74,838 |
All other contributions, gifts, grants, and similar amounts not included above | $148,514 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $243,383 |
Total Program Service Revenue | $52,199 |
Investment income | $65 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,465 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $298,112 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $183,215 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $14,136 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $13,077 |
Office expenses | $21,190 |
Information technology | $19,784 |
Royalties | $0 |
Occupancy | $23,767 |
Travel | $1,330 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $85 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $46,636 |
Insurance | $13,947 |
All other expenses | -$1,683 |
Total functional expenses | $413,143 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $372,181 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $8,422 |
Accounts receivable, net | $9,989 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $32,582 |
Net Land, buildings, and equipment | $780,455 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,203,629 |
Accounts payable and accrued expenses | $14,066 |
Grants payable | $0 |
Deferred revenue | $229,330 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $37,240 |
Total liabilities | $280,636 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,203,629 |
Over the last fiscal year, we have identified 3 grants that Greater Reston Arts Center Inc has recieved totaling $52,028.
Awarding Organization | Amount |
---|---|
Reston Town Center Joint Committee Manassas, VA PURPOSE: NOVA FINE ARTS FESTIVAL | $30,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $22,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Organization Name | Assets | Revenue |
---|---|---|
Arts For Learning Maryland Inc Baltimore, MD | $6,641,105 | $9,137,823 |
Penland School Of Craft Penland, NC | $77,347,904 | $8,195,417 |
Arrowmont School Of Arts And Crafts Gatlinburg, TN | $53,053,900 | $4,804,249 |
Baltimore School For The Arts Fdn Inc Baltimore, MD | $22,453,780 | $3,552,392 |
The Metropolitan Center For The Visual Arts Inc Rockville, MD | $1,589,727 | $2,983,675 |
International Public Management Association For Human Resources Alexandria, VA | $3,795,401 | $2,711,747 |
Artsplus Charlotte, NC | $2,425,687 | $2,154,815 |
Theatre Lab Washington, DC | $1,317,349 | $1,528,317 |
Wide Angle Youth Media Inc Baltimore, MD | $2,050,575 | $2,195,413 |
Sultana Education Foundation Inc Chestertown, MD | $9,308,717 | $2,075,256 |
D C Arts And Humanities Education Collaborative Inc Washington, DC | $468,778 | $1,127,948 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |