Southwest Virginia Communityfoundation Inc
- Assets
- $311.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gate City, VA
- Founding
- 10/2006
- Data as of
- 12/2017
- EIN
- 20-4963880
Organization Overview
Southwest Virginia Communityfoundation Inc is located in Gate City, VA. The organization was established in 2006. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Virginia Communityfoundation 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 12/2017, Southwest Virginia Communityfoundation Inc generated $5.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.8%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
TO FUND AND PROMOTE COMMUNITY ACTIVITIES IN SOUTHWEST VIRGINIA ESPECIALLY RELATED TO THE ARTS INCLUDING TRADITIONAL MUSIC OF THE REGION AND TO PROMOTE A REGIONAL COMMUNITY CENTER FOR THE PERFORMING ARTS.
TO FUND AND PROMOTE COMMUNITY ACTIVITIES IN SOUTHWEST VIRGINIA ESPECIALLY RELATED TO THE ARTS INCLUDING TRADITIONAL MUSIC OF THE REGION AND TO PROMOTE A REGIONAL COMMUNITY CENTER FOR THE PERFORMING ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Etherton Chairman | 15 | $0 | |
Glen Broadwater Vice Chairman | 5 | $0 | |
Carol Dixon Secretary | 10 | $0 | |
Diana Etherton Treasurer | 10 | $0 | |
Lola Dean Director | 1 | $0 | |
Pam Cox Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,151 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,161 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $918 |
| Printing, publications, postage, and shipping | $125 |
| Other expenses | $1,975 |
| Total expenses | $3,918 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,703 |
| Other assets | $0 |
| Total assets | $311,890 |
| Total liabilities | $0 |
| Net assets or fund balances | $311,890 |