Lima-Allen County Vmccc Foundation

Tax-deductible

Lima, OH501(c)(3)EIN 34-1728027

Organized for charitable and educational purposes. Specifically, to assist the Veterans Memorial Civic and Convention Center of Lima/Allen County through promotional and fundraising activities and to fund capital needs and performing arts programs.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Run by 60 volunteers and 40 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $59K a year · 25% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $41K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$282K
+14% vs prior year
Spent
$230K
To programs
67%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$282K
FY2024▲ +14%
Revenue by fiscal year
FY2020$149K
FY2021$286K
FY2022$233K
FY2023$247K
FY2024$282K
Expenses
$230K
FY2024▼ -14%
Expenses by fiscal year
FY2020$408K
FY2021$215K
FY2022$370K
FY2023$269K
FY2024$230K
Net assets
$1.2M
FY2024▲ +8%
Net assets by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$1.1M
FY2023$1.1M
FY2024$1.2M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1993.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $155K Management & general 33% · $76K

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

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lima-Allen County Vmccc Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Promotes and fundraises for the Veterans Memorial Civic and Convention Center, supporting its capital needs and performing arts.

Provided by the organization

This section is blank until Lima-Allen County Vmccc Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $155K of program spending, described in the organization's own filed words · FY2024.
01

Provided the community with cultural, educational, and entertainment programs through promotional and fundraising activities.

$155Kprogram expense

Run this program? Claim this org to tell your story

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
Total grants receivedfrom 4 funders$41K
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$282K
Ln 12
Gifts and grantsLn 1h$136K
Fees for servicesLn 2g$71K
Investment incomeLn 3$52K
Money outPt IX
$230K
Ln 25
Programscol B$155K
Managementcol C$76K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$40K
Total assetsLn 16$1.2M
LiabilitiesLn 26$7K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$136K
Fees for servicesLn 2g$71K
Investment incomeLn 3$52K
Other incomeLn 4–11$23K
Gains on assetsLn 7$15K
Total revenueLn 12$282K
Assets in detailPt X, end of year
CashLn 1$40K
SavingsLn 2$0
Cash and savings togetherLn 1–2$40K
InvestmentsLn 11–13$1.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.2M
LiabilitiesLn 26$7K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 540
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$7K$40K
InvestmentsLn 11–13$1.1M$1.1M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$4K$7K
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$131K$131K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$11K$11K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$64K$64K
Advertising and promotionLn 12$266$266
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$12K$12K
All other expensesLn 24e$184$184
Total functional expensesLn 25$230K$155K$76K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $282K$230K$51K$1.2M 990 PDF
FY2023 $247K$269K−$22K$1.1M 990 PDF
FY2022 $233K$370K−$137K$1.1M 990 PDF
FY2021 $286K$215K$71K$1.4M 990 PDF
FY2020 $149K$408K−$259K$1.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $281,776 across 10 lines filed
VIII-1f All other contributions, gifts and grants$136,025
VIII-1h Total contributions, gifts and grants$136,025
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $71,442$71,442
VIII-3 Investment incomeExcluded from tax $36,240$36,240
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,345$15,345
VIII-8 Net income from fundraising events$7,388
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,336$15,336
VIII-12 Total revenueRelated to mission $86,778 · Excluded from tax $51,585$281,776
Part IX · Statement of functional expenses $230,330 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $130,835$130,835
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $11,018$11,018
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $3,675$3,675
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $8,102$8,102
IX-11g Other fees for servicesManagement $63,836$63,836
IX-12 Advertising and promotionPrograms $266$266
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $12,414$12,414
IX-24e All other expensesManagement $184$184
IX-25 Total functional expensesPrograms $154,533 · Management $75,797 · Fundraising $0$230,330
Part X · Balance sheet $1,242,733 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $7,490$39,687
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $44,690$78,975
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $1,093,904$1,124,071
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,146,084$1,242,733
X-17 Accounts payable and accrued expensesStart of year $3,757$7,196
X-26 Total liabilitiesStart of year $3,757$7,196
X-27 Net assets without donor restrictionsStart of year $58,983$111,767
X-28 Net assets with donor restrictionsStart of year $1,083,344$1,123,770
X-32 Total net assets or fund balancesStart of year $1,142,327$1,235,537
X-33 Total liabilities and net assetsStart of year $1,146,084$1,242,733
Part XI · Reconciliation of net assets $1,235,537 net assets at year end
XI-1 Total revenue$281,776
XI-2 Total expenses$230,330
XI-3 Revenue less expenses$51,446
XI-4 Net assets at start of year$1,142,327
XI-5 Net unrealized gains (losses) on investments$41,764
XI-10 Net assets at end of year$1,235,537

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.