Totals
- Total revenue
- $1,472,715
- Total expenses
- $394,473
- Contributions and grants received
- $1,380,083
- Grants paid
- $0
- Program service revenue
- $13,680
- Investment income
- $78,902
- Other revenue
- $50
- Total assets, end of year
- $4,397,349
- Total liabilities, end of year
- $4,083
- Net assets or fund balances, end of year
- $4,393,266
- Program services expenses (Part IX)
- $306,513
- Management and general expenses
- $54,391
- Fundraising expenses
- $33,569
- Program service expenses (Part III)
- $306,513
Program services were 77.7% 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.
-
1e · Government grants (contributions)
$25,783
-
1f · All other contributions, gifts and grants
$1,354,300
-
2a · Program service revenue: Service fees
total $13,680 · related or exempt $13,680
-
3 · Investment income
total $78,902 · related or exempt $78,902
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other income
total $50 · related or exempt $50
-
11e · Other revenue, total
$50
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $40,993 · program services $20,497 · management and general $10,248 · fundraising $10,248
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $96,179 · program services $81,188 · management and general $7,987 · fundraising $7,004
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $2,038 · program services $1,497 · management and general $285 · fundraising $256
-
10 · Payroll taxes
total $14,499 · program services $10,584 · management and general $2,030 · fundraising $1,885
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $14,000 · management and general $14,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $34,411 · program services $28,471 · management and general $540 · fundraising $5,400
-
12 · Advertising and promotion
total $7,198 · program services $6,338 · management and general $394 · fundraising $466
-
13 · Office expenses
total $0
-
14 · Information technology
total $7,590 · program services $6,832 · management and general $758
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,937 · program services $1,937
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,810 · program services $1,461 · management and general $1,349
-
24a · Other expenses: Capital campaign
total $147,349 · program services $122,812 · management and general $16,272 · fundraising $8,265
-
24b · Other expenses: Artistic Program expense
total $21,178 · program services $21,178
-
24c · Other expenses: Other miscellaneous costs
total $2,491 · program services $2,035 · management and general $435 · fundraising $21
-
24d · Other expenses: Supplies
total $1,089 · program services $1,019 · management and general $46 · fundraising $24
-
24e · All other expenses
total $711 · program services $664 · management and general $47
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,152,602 · end of year $2,219,523
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $590,968 · end of year $418,675
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $2,052 · end of year $4,950
-
10a · Land, buildings and equipment: cost or other basis
$1,613
-
10b · Land, buildings and equipment: accumulated depreciation
$1,613
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,083,066 · end of year $1,754,201
-
17 · Accounts payable and accrued expenses
beginning of year $61,539 · end of year $4,083
-
23 · Secured mortgages and notes payable
beginning of year $452,125
-
27 · Net assets without donor restrictions
beginning of year $922,997 · end of year $2,028,116
-
28 · Net assets with donor restrictions
beginning of year $2,392,027 · end of year $2,365,150
Mission and programs · 2023
Mission
The Victoria Theater Arts Center builds community power by providing a creative home that incubates the art and amplifies the voices of all people in the neighborhood.
-
825 University The Organization continues its work to renovate the former Victoria Theater, which was acquired in July, 2021. Capital campaign fundraising and renovation of the building were major efforts in 2023, preparing for an August, 2024 grand opening.
Expenses $153,471
-
Youth Programs 825 Arts also hosts other youth programs, such as Hope News youth centered digital media program that shares positive news from their community, and Minecraft a dynamic virtual gathering space to enliven history, connect, and build community power.
Expenses $137,292
-
Festivals The Organization co-hosts the Frogtown Arts Festival that features local performers, arts vendors, arts workshops, and food. As part of its youth programming, it also sponsors Speak Out and Lead the city's only entirely youth-led arts festival that brings young people together and spreads their love for art, music, and performance.
Expenses $15,750
As filed on the 2023 return.
Listed in Part VII
-
Tyler Olsen-Highness
Executive Dir.
- Total calculated
- $40,993
- From this org
- $40,993
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Dantes Ha
Chair
- Total calculated
- $0
- Hours/week
- 4
-
Aki Shibata
Chair
- Total calculated
- $0
- Hours/week
- 4
-
Isabel Nelson
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Snapp
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
David Valentine
Director
- Total calculated
- $0
- Hours/week
- 1
-
Erica Valliant
Director
- Total calculated
- $0
- Hours/week
- 1
-
Holly Henning
Director
- Total calculated
- $0
- Hours/week
- 1
-
Walken Schweigert
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris Wilbourn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anh Thu T Pham
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rosalyn Smaller Sellers
Director
- Total calculated
- $0
- Hours/week
- 1
-
Aaron Rubenstein
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349309045
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.