Form 990 for tax year 2024
Filed by TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME.
Totals
- Total revenue
- $102,888
- Total expenses
- $143,281
- Contributions and grants received
- $0
- Grants paid
- $143,167
- Program service revenue
- $0
- Investment income
- $102,888
- Other revenue
- $0
- Total assets, end of year
- $1,617,106
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,617,106
- Program services expenses (Part IX)
- $143,281
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $143,281
Program services were 100.0% 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.
-
3 · Investment income
total $61,595 · related or exempt $61,595
-
7a · Gross sales of assets other than inventory
securities $191,812 · other assets $25,193
-
7b · Less cost or other basis and sales expenses
securities $175,712
-
7c · Gain or loss
securities $16,100 · other assets $25,193
-
7d · Net gain or loss
total $41,293 · related or exempt $41,293
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $143,167 · program services $143,167
-
13 · Office expenses
total $114 · program services $114
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year -$1
-
2 · Savings and temporary cash investments
beginning of year $12,584 · end of year $5,742
-
11 · Investments: publicly traded securities
beginning of year $1,544,634 · end of year $1,611,365
-
27 · Net assets without donor restrictions
beginning of year $1,557,218 · end of year $1,617,106
Mission and programs · 2024
Mission
THE PURPOSE OF THE FOUNDATION IS TO SOLICIT CHARITABLE CONTRIBUTIONS AND INVEST THE FUNDS FOR THE BENEFIT OF THE TENNESSEE VALLEY ART ASSOCIATION.
-
TO RECEIVE AND INVEST MONEY FOR THE PURPOSE OF BENEFITTING TENNESSEE VALLEY ART ASSOCIATION
Expenses $143,281 · Grants $143,167
As filed on the 2024 return.
Listed in Part VII
-
SKI AKEHURST
DIRECTOR
- Total calculated
- $0
-
NANCY ANDERS
SECRETARY
- Total calculated
- $0
-
KENNETH BROOKS
DIRECTOR
- Total calculated
- $0
-
CALVIN DURHAM
DIRECTOR
- Total calculated
- $0
-
FRANCES FOX
TREASURER
- Total calculated
- $0
-
CAMERON KAY
DIRECTOR
- Total calculated
- $0
-
BECKY MAULDIN
DIRECTOR
- Total calculated
- $0
-
CYNTHIA MCCLANAHAN
CHAIRMAN
- Total calculated
- $0
-
KEATON OSBORN
DIRECTOR
- Total calculated
- $0
-
NANCY SANFORD
DIRECTOR
- Total calculated
- $0
-
CAROLINE WOLDENBERG
DIRECTOR
- Total calculated
- $0
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
-
TENNESSEE VALLEY ART ASSOCIATION
$143,167
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 January 2026
- IRS schema version
- 2024v5.0
- Source object
- 202620139349302962
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