Totals
- Total revenue
- $1,058,076
- Total expenses
- $1,047,277
- Contributions and grants received
- $677,232
- Grants paid
- $0
- Program service revenue
- $302,109
- Investment income
- $12,111
- Other revenue
- $66,624
- Total assets, end of year
- $2,955,312
- Total liabilities, end of year
- $267,595
- Net assets or fund balances, end of year
- $2,687,717
- Program services expenses (Part IX)
- $810,594
- Management and general expenses
- $162,072
- Fundraising expenses
- $74,611
- Program service expenses (Part III)
- $810,594
Program services were 77.4% 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.
-
1b · Membership dues
$2,549
-
1e · Government grants (contributions)
$29,677
-
1f · All other contributions, gifts and grants
$645,006
-
2a · Program service revenue: EXHIBITION & WORKSHOP
total $299,498 · related or exempt $299,498
-
2b · Program service revenue: RENTAL AND OTHER
total $2,236 · related or exempt $2,236
-
2c · Program service revenue: FISCAL SPONSORSHIP REV
total $375 · related or exempt $375
-
3 · Investment income
total $12,111 · excluded $12,111
-
8a · Fundraising events: gross income
$67,722
-
8b · Fundraising events: direct expenses
$1,098
-
8c · Net income from fundraising events
total $66,624 · excluded $66,624
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $91,016 · program services $61,345 · management and general $17,020 · fundraising $12,651
-
7 · Other salaries and wages
total $293,350 · program services $197,718 · management and general $54,857 · fundraising $40,775
-
8 · Pension plan contributions
total $5,966 · program services $4,021 · management and general $1,116 · fundraising $829
-
9 · Other employee benefits
total $47,395 · program services $31,944 · management and general $8,863 · fundraising $6,588
-
10 · Payroll taxes
total $29,335 · program services $19,772 · management and general $5,486 · fundraising $4,077
-
11c · Fees: accounting
total $28,650 · management and general $28,650
-
11g · Fees: other
total $151,842 · program services $151,842
-
13 · Office expenses
total $19,334 · program services $13,031 · management and general $3,616 · fundraising $2,687
-
14 · Information technology
total $7,607 · program services $1,941 · management and general $5,666
-
16 · Occupancy
total $38,453 · program services $17,939 · management and general $18,862 · fundraising $1,652
-
17 · Travel
total $6,622 · program services $4,464 · management and general $1,238 · fundraising $920
-
20 · Interest
total $9,669 · management and general $9,669
-
22 · Depreciation, depletion and amortization
total $14,042 · program services $9,464 · management and general $2,626 · fundraising $1,952
-
23 · Insurance
total $11,827 · program services $7,971 · management and general $2,212 · fundraising $1,644
-
24a · Other expenses: ART SUPPLIES
total $267,484 · program services $267,484
-
24b · Other expenses: AWARDS AND PRIZES
total $17,900 · program services $17,900
-
24c · Other expenses: MISCELLANEOUS
total $5,578 · program services $3,758 · management and general $1,044 · fundraising $776
-
24d · Other expenses: MEMBERSHIP EXPENSE
total $1,207 · management and general $1,147 · fundraising $60
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $905,057 · end of year $391,255
-
3 · Pledges and grants receivable
beginning of year $662,635 · end of year $582,077
-
4 · Accounts receivable
beginning of year $14,500 · end of year $49,390
-
10a · Land, buildings and equipment: cost or other basis
$1,336,320
-
10b · Land, buildings and equipment: accumulated depreciation
$134,655
-
10c · Land, buildings and equipment, net
beginning of year $569,675 · end of year $1,201,665
-
11 · Investments: publicly traded securities
beginning of year $21,456 · end of year $10,000
-
12 · Investments: other securities
beginning of year $794,986 · end of year $720,925
-
17 · Accounts payable and accrued expenses
beginning of year $20,268 · end of year $7,407
-
19 · Deferred revenue
beginning of year $49,106 · end of year $48,102
-
23 · Secured mortgages and notes payable
beginning of year $224,372 · end of year $212,086
-
27 · Net assets without donor restrictions
beginning of year $571,826 · end of year $1,243,042
-
28 · Net assets with donor restrictions
beginning of year $2,102,737 · end of year $1,444,675
Mission and programs · 2022
Mission
TO IMPROVE LIVES THROUGH VISUAL ARTS EDUCATION, COMMUNITY OUTREACH, AND ARTIST SUPPORT.
-
AS A CREATIVE HUB NOW ESTABLISHED IN THE PORTLAND NEIGHBORHOOD, THEY ARE DEDICATED TO ENGAGING AND ENCOURAGING ARTISTS THROUGH PROGRAMMING SUCH AS MAP (MURAL ART PROGRAM), ARTEBELLA, OPEN STUDIO WEEKEND, AND WEEKLY CALLS FOR ARTISTS. LVA IS SHAPING AND INSPIRING THE NEXT GENERATION OF CREATIVE LEADERS BY PROVIDING QUALITY INSTRUCTION ANNUALLY THROUGH CHILDREN'S FINE ART CLASSES AND OUTREACH PROGRAMS IN SCHOOLS AND COMMUNITY CENTERS. LOUISVILLE VISUAL ART AIMS TO ENGAGE, INSPIRE, AND IMPROVE OUR COMMUNITY THROUGH THE ARTS.
Expenses $810,594 · Revenue $302,109
As filed on the 2022 return.
Listed in Part VII
-
Jake TheisenJAKE THEISEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Rob KingROB KING
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Logan GholsonLOGAN GHOLSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth B FeldpauschELIZABETH B FELDPAUSCH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Don CartwrightDON CARTWRIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jon CherryJON CHERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beverly CoteBEVERLY COTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew CozzensANDREW COZZENS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth FennellELIZABETH FENNELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan HallenbergSUSAN HALLENBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy HillerichKATHY HILLERICH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stewart HoertzSTEWART HOERTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicole HumphreyNICOLE HUMPHREY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alexander MarksALEXANDER MARKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Conor MurphyCONOR MURPHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tanelle SawyerTANELLE SAWYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott SmithSCOTT SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristian AndersonKRISTIAN ANDERSON
FORMER EXECUTIVE DIRECTOR
- Total calculated
- $91,017
- From this org
- $85,000
- From related orgs
- $0
- Other
- $6,017
- Hours/week
- 40
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
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440659349301454
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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