Form 990 for tax year 2024
Filed by BLUEFIELD ARTS AND REVITALIZATION CORPORATION.
Totals
- Total revenue
- $421,786
- Total expenses
- $424,062
- Contributions and grants received
- $159,298
- Grants paid
- $0
- Program service revenue
- $12,264
- Investment income
- $43,249
- Other revenue
- $206,975
- Total assets, end of year
- $4,960,548
- Total liabilities, end of year
- $370,977
- Net assets or fund balances, end of year
- $4,589,571
- Program services expenses (Part IX)
- $56,983
- Management and general expenses
- $367,079
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $56,983
Program services were 13.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$159,298
-
2a · Program service revenue: ARTS CENTER
total $12,264 · related or exempt $12,264
-
3 · Investment income
total $43,249 · excluded $43,249
-
6a · Gross rents
real property $10,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $10,000
-
6d · Net rental income or loss
total $10,000 · excluded $10,000
-
11a · Other revenue: MANAGEMENT FEE
total $196,975 · related or exempt $196,975
-
11e · Other revenue, total
$196,975
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $143,362 · management and general $143,362
-
9 · Other employee benefits
total $2,194 · management and general $2,194
-
10 · Payroll taxes
total $13,054 · management and general $13,054
-
11b · Fees: legal
total $16,229 · management and general $16,229
-
11c · Fees: accounting
total $14,492 · management and general $14,492
-
11g · Fees: other
total $78,637 · management and general $78,637
-
12 · Advertising and promotion
total $10,194 · management and general $10,194
-
13 · Office expenses
total $8,807 · management and general $8,807
-
16 · Occupancy
total $50,172 · management and general $50,172
-
17 · Travel
total $823 · management and general $823
-
22 · Depreciation, depletion and amortization
total $5,226 · management and general $5,226
-
23 · Insurance
total $18,821 · management and general $18,821
-
24a · Other expenses: GRANADA THEATRE EXPENSE
total $31,076 · program services $31,076
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $16,316 · program services $16,316
-
24c · Other expenses: ART CENTER EXPENSES
total $9,591 · program services $9,591
-
24d · Other expenses: MISCELLANEOUS COSTS
total $5,068 · management and general $5,068
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $419,290 · end of year $198,378
-
2 · Savings and temporary cash investments
end of year $7,500
-
4 · Accounts receivable
beginning of year $89,401 · end of year $278,759
-
10a · Land, buildings and equipment: cost or other basis
$115,626
-
10b · Land, buildings and equipment: accumulated depreciation
$5,226
-
10c · Land, buildings and equipment, net
beginning of year $61,173 · end of year $110,400
-
15 · Other assets
beginning of year $4,365,511 · end of year $4,365,511
-
17 · Accounts payable and accrued expenses
beginning of year $3,528 · end of year $5,977
-
25 · Other liabilities
beginning of year $340,000 · end of year $365,000
-
27 · Net assets without donor restrictions
beginning of year $1,232,001 · end of year $1,229,725
-
28 · Net assets with donor restrictions
beginning of year $3,359,846 · end of year $3,359,846
Mission and programs · 2024
Mission
TO USE THE ARTS TO CREATE OPPORTUNITIES FOR EDUCATION, EMPLOYMENT, AND ENTERTAINMENT IN DOWNTOWN BLUEFIELD.
Activities or mission (Part I)
TO USE THE ARTS TO CREATE OPPORTUNITIES FOR EDUCATION, EMPLOYMENT AND ENTERTAINMENT IN DOWNTOWN BLUEFIELD.
-
IMPROVEMENT AND PRESERVATION OF BLUEFIELD THROUGH COMMUNITY PROGRAMS AND RESTORATION PROJECTS.
Expenses $56,983 · Revenue $209,239
As filed on the 2024 return.
Listed in Part VII
-
Rob LinkousROB LINKOUS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Debrah AmmarDEBRAH AMMAR
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Cindy StonestreetCINDY STONESTREET
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Cindy Kantor KraftCINDY KANTOR KRAFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill ColeBILL COLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James JenksJAMES JENKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doris Sue KantorDORIS SUE KANTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ron MartinRON MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gail SatterfieldGAIL SATTERFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter TaylorPETER TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Skip CraneSKIP CRANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mimi MerrittMIMI MERRITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura Zachwieja WardLAURA ZACHWIEJA WARD
TREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541359349314999
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