Artist operated photography center to encourage the growth and appreciation of photographic and other Visual media.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $87K a year · 17% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
37 mo
of spending, in cash
Plus $1.6M in investments, Pt X · Ln 11–13
Looks good: 36.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $122K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$536K
+23% vs prior year
Spent
$373K
To programs
94%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$536K
FY2024▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$562K
FY2021$762K
FY2022$399K
FY2023$436K
FY2024$536K
FY2025$461K
Expenses
$373K
FY2024▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$460K
FY2021$482K
FY2022$392K
FY2023$429K
FY2024$373K
FY2025$496K
Net assets
$2.8M
FY2024▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$2.5M
FY2022$2.4M
FY2023$2.4M
FY2024$2.8M
FY2025$2.9M

From the FY2024 Form 990 (year ending June 2024) · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $352K Management & general 6% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Daniel Boardman’s $5K as Executive Director is at the 4th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Jeffrey Hoone——$18,470
Shane Lavalette—$9,250$9,000
Daniel Boardman$5,000$1,500—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Light Work Visual Studies INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports artists and promotes appreciation of photography and visual media.

Questions for Light Work Visual Studies INC

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Your first name shows with your question. Light Work Visual Studies INC answers here, for everyone.

1 program · $352K · in their own filed words · FY2023
01

Exempt purpose is an artist operated photography center,to encourage growth and appreciation of photographic and other visual media. Several exhibits and publications are produced.

$352Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Cny Arts INCFY2024$22K
Total grants receivedfrom 2 funders$122K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$536K
Ln 12
Gifts and grantsLn 1h$326K
Other incomeLn 4–11$102K
Investment incomeLn 3$84K
Money outPt IX
$373K
Ln 25
Programscol B$352K
Managementcol C$21K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.8M
LiabilitiesLn 26$12K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$326K
Government grantsLn 1e$84K
Fees for servicesLn 2g$25K
Investment incomeLn 3$84K
Other incomeLn 4–11$102K
Total revenueLn 12$536K
Assets in detailPt X, end of year
CashLn 1$251K
SavingsLn 2$890K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$1.6M
Land, buildings, equipmentLn 10c$25K
Total assetsLn 16$2.8M
LiabilitiesLn 26$12K
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$1.6M$1.4M$1.4M$1.5M$1.0M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.0M$1.1M
InvestmentsLn 11–13$1.4M$1.6M
Land, buildings, equipmentLn 10c$27K$25K
Total assetsLn 16$2.4M$2.8M
LiabilitiesLn 26$16K$12K
Net assetsLn 32$2.4M$2.8M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$78K$78K
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$35K$35K
TravelLn 17$10K$10K
Depreciation, depletion and amortizationLn 22$2K$2K
Other expenses (24a–d)Ln 24$209K$209K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$373K$352K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 6, 2026 $461K$496K−$36K$2.9M 990 PDF
FY2024 ViewingFiled with the IRS Mar 10, 2025 $536K$373K$163K$2.8M 990 PDF
FY2023Filed with the IRS May 15, 2024 $436K$429K$7K$2.4M 990 PDF
FY2022Filed with the IRS Feb 22, 2023 $399K$392K$7K$2.4M 990 PDF
FY2021Filed with the IRS Feb 7, 2022 $762K$482K$279K$2.5M 990 PDF
FY2020Filed with the IRS Feb 12, 2021 $562K$460K$102K$1.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $536,080 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $322,507$325,852
I-9 Program service revenuePrior year $42,958$24,593
I-10 Investment incomePrior year $50,431$83,805
I-11 Other revenuePrior year $20,064$101,830
I-12 Total revenuePrior year $435,960$536,080
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $429,453$373,119
I-18 Total expensesPrior year $429,453$373,119
I-19 Revenue less expensesPrior year $6,507$162,961
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $536,080 across 7 lines filed
Lines not itemized here account for $101,785 of total revenue; see the IRS return.
VIII-1e Government grants$84,500
VIII-1f All other contributions, gifts and grants$241,352
VIII-1h Total contributions, gifts and grants$325,852
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,593$24,593
VIII-3 Investment incomeExcluded from tax $83,805$83,805
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $45$45
VIII-12 Total revenueRelated to mission $126,423 · Unrelated business $0 · Excluded from tax $83,805$536,080
Part IX · Statement of functional expenses $373,119 across 8 lines filed
IX-11c Accounting feesManagement $21,109$21,109
IX-11g Other fees for servicesPrograms $78,147$78,147
IX-12 Advertising and promotionPrograms $13,157$13,157
IX-13 Office expensesPrograms $34,602$34,602
IX-17 TravelPrograms $10,010$10,010
IX-22 Depreciation, depletion and amortizationPrograms $2,471$2,471
IX-24 Other expenses (24a–d)Programs $209,266$209,266
IX-24e All other expensesPrograms $4,357$4,357
IX-25 Total functional expensesPrograms $352,010 · Management $21,109 · Fundraising $0$373,119
Part X · Balance sheet $2,777,183 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $323,582$251,458
X-2 Savings and temporary cash investmentsStart of year $677,625$890,233
X-3 Pledges and grants receivableStart of year $0$25,000
X-4 Accounts receivableStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $10,589$6,242
X-10c Land, buildings and equipment, netStart of year $27,181$24,710
X-11 Publicly traded securitiesStart of year $1,385,656$1,579,540
X-16 Total assetsStart of year $2,424,633$2,777,183
X-17 Accounts payable and accrued expensesStart of year $7,189$4,793
X-19 Deferred revenueStart of year $8,904$7,005
X-26 Total liabilitiesStart of year $16,093$11,798
X-27 Net assets without donor restrictionsStart of year $990,633$1,153,594
X-28 Net assets with donor restrictionsStart of year $1,417,907$1,611,791
X-32 Total net assets or fund balancesStart of year $2,408,540$2,765,385
X-33 Total liabilities and net assetsStart of year $2,424,633$2,777,183
Part XI · Reconciliation of net assets $2,765,385 net assets at year end
XI-1 Total revenue$536,080
XI-2 Total expenses$373,119
XI-3 Revenue less expenses$162,961
XI-4 Net assets at start of year$2,408,540
XI-5 Net unrealized gains (losses) on investments$193,884
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,765,385

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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