Ix Art Park Foundation

Organization Overview

Ix Art Park Foundation is located in Charlottesville, VA. The organization was established in 2019. As of 12/2021, Ix Art Park Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ix Art Park Foundation 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 12/2021, Ix Art Park Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.6% each year . All expenses for the organization totaled $705.3k during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IX ART PARK FOUNDATION'S MISSION IS "SPARKING CREATIVITY AND INSPIRATION IN PEOPLE'S EVERYDAY LIVES." WE PROVIDE ACCESSIBLE ART AND CULTURE ON OUR GROUNDS AND IN OUR PROGRAMMING FOR RESIDENTS AND VISITORS, OLD AND YOUNG, RICH AND POOR, REGARDLESS OF RACE, ETHNICITY OR PERSUASION. WE AIM TO GATHER AND CELEBRATE OUR DIVERSE COMMUNITY. WE BELIEVE CULTURAL INTERACTION CREATES BEHAVIORAL AWARENESS. WITHIN AN INFRASTRUCTURE OF IMMERSIVE VISUAL ART, WE CREATE ARTS EDUCATION PLATFORMS AND PROGRAM MULTI- CULTURE, MULTI-GENERATIONAL PERFORMANCE EVENTS WITH LOCAL AND REGIONAL PARTNERS. THE IX ART PARK SITS IN THE MIDDLE OF THE CITY OF CHARLOTTESVILLE'S STRATEGIC INVESTMENT AREA ("SIA"), A NEIGHBORHOOD LOCATED IN AN OPPORTUNITY FUND ZONE THAT PRIMARILY CONSISTS OF PUBLIC HOUSING PROJECTS. THE ART PARK HELPS TO ACHIEVE THE SIA'S GOAL TO CREATE A SENSE OF PLACE AND IMPROVE THE QUALITY OF LIFE BY PROVIDING OPPORTUNITY TO EXPERIENCE ART, IN ALL ITS FORMS, THEREBY CREATING A HEALTHY NEIGHBORHOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY AND DIVERSITY - THE IX ART PARK WAS SPECIFICALLY FORMED TO BRING NEW ENERGY TO AN UNDERSERVED AND LARGELY MINORITY NEIGHBORHOOD. MULTI- CULTURAL AND MULTI-RACIAL PROGRAMMING HAS BECOME A KEYSTONE TO OUR IDENTITY, ALLOWING US TO PRODUCE MORE DIVERSE PROGRAMMING THAN ANY OTHER ARTS ORGANIZATION IN TOWN. FOR EXAMPLE, WE BOOK AN ARRAY OF BLACK TALENT IN R&B, GO GO, REGGAE, AND HIPHOP. WE HOST AN ANNUAL BLACK BUSINESS EXPO TO SHOWCASE MINORITY OWNED BUSINESSES, AND AN ANNUAL SOUL OF CVILLE FESTIVAL TO CELEBRATE BLACK EXCELLENCE IN THE ARTS. WE ALSO BOAST A STRONG LATIN AMERICAN FOLLOWING THROUGH OUR A) BI-WEEKLY SALSA AND BACHATA DANCE EVENTS, B)CVILLE SABROSSO, OUR ANNUAL FOLK FESTIVAL CELEBRATING FOOD, DANCE, AND MUSIC FROM A DOZEN OF LATIN AMERICAN COUNTRIES, AND C) DIA DE LOS MUERTOS, A TRIBUTE TO THE DAY OF THE DEAD ALLOWING PEOPLE TO PAY TRIBUTE TO THEIR PASSED LOVED ONES. WE PROGRAM EVENTS FOR THE LGBTQIA COMMUNITY, INCLUDING A) ACTIVITIES CELEBRATING PRIDE FEST, B) DRAG SHOWS, C) A QUARTERLY WOMEN'S ONLY DANCE, AND D) A TRANSGENDER COMEDY SHOW. WE HOST ZALTANDI, AN ANNUAL DANCE FESTIVAL THAT SHOWCASES DANCE STYLES FROM AROUND THE WORLD. MUSIC AND PERFORMANCES - THE IX ART PARK HOSTS OVER 200 EVENTS EACH YEAR SPANNING MANY GENRES OF MUSIC, DANCE, FILM, THEATER, CRAFTS AND VISUAL ARTS, AS WELL AS FAMILY FRIENDLY FESTIVALS, WELLNESS-ORIENTED EVENTS, AND EVENTS PROMOTING DIVERSITY AND INCLUSION. THE MAJORITY OF OUR EVENTS ARE EITHER FREE TO THE PUBLIC OR OFFERED AT AFFORDABLE PRICES (TYPICALLY 5 TO 15 PER TICKET). THIS ALLOWS PEOPLE FROM DIVERSE SOCIOECONOMIC BACKGROUNDS TO PARTICIPATE IN OUR ARTISTIC PROGRAMMING. BUSINESS, COMMERCE, AND THE ARTS ECONOMY - OUR MEASURED IMPACT ON THE LOCAL ECONOMY HAS BEEN DRAMATIC. IN 202, WE WELCOMED MORE THAN 340,000 PEOPLE TO THE IX ART PARK TO VIEW THE ART, ATTEND EVENTS OR SIMPLY RELAX IN OUR BEAUTIFUL PARK. IN RECENT YEARS, PUBLIC DESTINATION TENANTS HAVE ALSO FLOCKED TO THE PROPERTY, INCLUDING 4 RESTAURANTS/BREWERIES, A FITNESS STUDIO, A CO-WORKER SPACE, A COFFEESHOP, A MOM AND POP PET STORE, AND A 700 MEMBER NON-DENOMINATIONAL CHURCH. DURING THIS SAME TIME, REAL ESTATE TAXES FOR THE PROPERTY INCREASED OVER 500%. WE HAVE ALSO WON MANY AWARDS, INCLUDING "BEST PLACE TO BE CREATIVE", "BEST KIDS PARK, "INSPIRATIONAL CREATIVE SPACE, AND " BEST GALLERY". IN 2019, THE IX ART PARK BEGAN BUILDING THE LOOKING GLASS, VIRGINIA'S ONLY PERMANENT, IMMERSIVE, INTERACTIVE ART SPACE - A 3,000 SQ FT ENCHANTED FOREST BUILT BY 13 LOCAL, COMMISSIONED ARTISTS. THE LOOKING GLASS, WHICH OPENED IN JANUARY 2020, IS AIMED AT VIRGINIA'S VIBRANT TOURISM INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Krischel
President
$24,040
Nathan Moore
Secretary
$0
Dwight Sparlin
Treasurer
$0
David Gies
Member
$0
Ravi Respeto
Member
$0
Anne Hunter
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $321,791
All other contributions, gifts, grants, and similar amounts not included above$1,334,437
Noncash contributions included in lines 1a–1f $1,250,000
Total Revenue from Contributions, Gifts, Grants & Similar$1,656,228
Total Program Service Revenue$395,677
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,051,905

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Ix Art Park Foundation has recieved totaling $17,000.

Awarding OrganizationAmount
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: GENERAL PURPOSES

$8,000
Caplin Foundation

Wilmington, DE

PURPOSE: 4XMETAMORPHIX AND UNRESTRICTED OPERATIONS

$5,000
Westwind Foundation

Charlottesville, VA

PURPOSE: TO FUND OPERATING NEEDS

$3,000
The Emily Hall Tremaine Foundation Inc

New Haven, CT

PURPOSE: COMMUNITY PROJECTS - GENERAL OPERATING

$1,000
View Grant Recipient Profile

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