Ix Art Park Foundation

Tax-deductible

Charlottesvle, VA501(c)(3)EIN 83-3099795Revenue $545K in FY2024

On file with the IRSixartpark.org522 2nd St Se, 22902-5794 · Charlottesvle, VATax-exempt since Sep 2019Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

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.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 35 volunteers and 17 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 surplus $247K a year · 26% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$152K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$545K
-32% vs prior year
Spent
$495K
To programs
82%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$545K
FY2024▼ -32%
Tap a bar for its year
Revenue by fiscal year
FY2020$415K
FY2021$2.1M
FY2022$874K
FY2023$802K
FY2024$545K
Expenses
$495K
FY2024▼ -42%
Tap a bar for its year
Expenses by fiscal year
FY2020$466K
FY2021$705K
FY2022$931K
FY2023$854K
FY2024$495K
Net assets
$1.1M
FY2024▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020−$16K
FY2021$1.3M
FY2022$1.3M
FY2023$1.2M
FY2024$1.1M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2019.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $404K Management & general 15% · $77K Fundraising 3% · $14K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$80,000Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Lisa Capraro—$100,001———
Ewa Harr$80,000$45,687———
Susan Krischel——$25,002$24,040$17,309

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 Ix Art Park Foundation executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Sparks creativity by offering accessible art, culture, and education for everyone.

Questions for Ix Art Park Foundation

Tap to ask. Ix Art Park Foundation sees how many people are interested.

Your first name shows with your question. Ix Art Park Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $404K · in their own filed words · FY2024
01

The foundation emphasizes artistic excellence with an array of curated art installations as well as free art supplies to encourage people of all ages to engage in their own form of artistic expression. In 2022, the ix art park welcomed over 290,000 visitors.

$404Kprogram 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
Total grants receivedfrom 1 funder$4K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$545K
Ln 12
Fees for servicesLn 2g$430K
Gifts and grantsLn 1h$69K
Investment incomeLn 3$25K
Money outPt IX
$495K
Ln 25
Programscol B$404K
Managementcol C$77K
Fundraisingcol D$14K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$1.2M
LiabilitiesLn 26$152K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$69K
Government grantsLn 1e$17K
Fees for servicesLn 2g$430K
Investment incomeLn 3$25K
Other incomeLn 4–11$22K
Total revenueLn 12$545K
Assets in detailPt X, end of year
CashLn 1$101K
Cash and savings togetherLn 1–2$101K
Land, buildings, equipmentLn 10c$34K
Other assetsLn 15$1.1M
Total assetsLn 16$1.2M
LiabilitiesLn 26$152K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 517
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$38K$101K
Land, buildings, equipmentLn 10c$38K$34K
Total assetsLn 16$1.4M$1.2M
LiabilitiesLn 26$147K$152K
Net assetsLn 32$1.2M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$84K$60K$12K$12K
Other salaries and wagesLn 7$77K$77K
Other employee benefitsLn 9$8K$6K$979$980
Payroll taxesLn 10$12K$10K$918$918
Management feesLn 11a$16K$16K
Accounting feesLn 11c$11K$11K
Advertising and promotionLn 12$37K$37K
Office expensesLn 13$2K$2K
OccupancyLn 16$13K$13K
TravelLn 17$6K$5K$2K
InterestLn 20$7K$7K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$35K$35K
Other expenses (24a–d)Ln 24$135K$135K
All other expensesLn 24e$47K$23K$24K
Total functional expensesLn 25$495K$404K$77K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $545K$495K$50K$1.1M 990 PDF
FY2023 $802K$854K−$52K$1.2M 990 PDF
FY2022 $874K$931K−$57K$1.3M 990 PDF
FY2021 $2.1M$705K$1.3M$1.3M 990 PDF
FY2020 $415K$466K−$50K−$16K 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 (6 parts)
Part I · Summary $544,894 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $126,362$68,698
I-9 Program service revenuePrior year $598,898$429,639
I-10 Investment incomePrior year $40,612$24,800
I-11 Other revenuePrior year $36,197$21,757
I-12 Total revenuePrior year $802,069$544,894
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 $492,023$180,081
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $361,626$314,767
I-18 Total expensesPrior year $853,649$494,848
I-19 Revenue less expensesPrior year −$51,580$50,046
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $544,894 across 7 lines filed
VIII-1e Government grants$17,048
VIII-1f All other contributions, gifts and grants$51,650
VIII-1h Total contributions, gifts and grants$68,698
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $429,639$429,639
VIII-3 Investment incomeExcluded from tax $24,800$24,800
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $21,757$21,757
VIII-12 Total revenueRelated to mission $429,639 · Unrelated business $0 · Excluded from tax $46,557$544,894
Part IX · Statement of functional expenses $494,848 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $59,846 · Management $12,000 · Fundraising $12,000$83,846
IX-7 Other salaries and wagesPrograms $76,670$76,670
IX-9 Other employee benefitsPrograms $5,601 · Management $979 · Fundraising $980$7,560
IX-10 Payroll taxesPrograms $10,169 · Management $918 · Fundraising $918$12,005
IX-11a Management feesPrograms $15,883$15,883
IX-11c Accounting feesPrograms $11,064$11,064
IX-12 Advertising and promotionPrograms $37,267$37,267
IX-13 Office expensesManagement $1,757$1,757
IX-16 OccupancyPrograms $12,718$12,718
IX-17 TravelPrograms $4,923 · Management $1,516$6,439
IX-20 InterestPrograms $7,171$7,171
IX-22 Depreciation, depletion and amortizationPrograms $4,883$4,883
IX-23 InsuranceManagement $34,974$34,974
IX-24 Other expenses (24a–d)Programs $135,212$135,212
IX-24e All other expensesPrograms $22,982 · Management $24,417$47,399
IX-25 Total functional expensesPrograms $404,389 · Management $76,561 · Fundraising $13,898$494,848
Part X · Balance sheet $1,240,404 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $37,685$100,625
X-8 Inventories for sale or useStart of year $17,874$5,000
X-10c Land, buildings and equipment, netStart of year $38,393$33,510
X-15 Other assetsStart of year $1,261,445$1,101,269
X-16 Total assetsStart of year $1,355,397$1,240,404
X-25 Other liabilitiesStart of year $147,330$152,020
X-26 Total liabilitiesStart of year $147,330$152,020
X-27 Net assets without donor restrictionsStart of year $1,208,067$1,088,384
X-32 Total net assets or fund balancesStart of year $1,208,067$1,088,384
X-33 Total liabilities and net assetsStart of year $1,355,397$1,240,404
Part XI · Reconciliation of net assets $1,088,384 net assets at year end
XI-1 Total revenue$544,894
XI-2 Total expenses$494,848
XI-3 Revenue less expenses$50,046
XI-4 Net assets at start of year$1,208,067
XI-8 Prior period adjustments−$169,729
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,088,384

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

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.