Openspace Education EIN 86-2935989

Openspace Education FY2023 filing

EIN  86-2935989 Public charity (501(c)(3)) Richmond, VA
Form 990 (PDF)
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Size
<$100K
What they do
Inspires creativity and environmental awareness through art and nature programs.
Leadership
Blythe King · Founder and Director · $16K
Money in and out
$36K revenue, $33K expenses
Bottom line
83% program efficiency

Inspires creativity and environmental awareness through art and nature programs. For fiscal year 2023 it reported $36K in revenue, $33K in expenses, and $14K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$36K
Pt VIII · Ln 12
Total expenses
$33K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $1.54 Management & general $0.14 Fundraising $0.03
Program efficiency
83%
of spending reaches programs
Operating runway
5.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$36K
FY2023▲ +5%
Expenses
$33K
FY2023
Total assets
$14K
FY2023
Total liabilities
$0
FY2023
Total revenue
$36K
Pt VIII · Ln 12
Total expenses
$33K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$14K
Program-expense ratioPt IX · col B154%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

4 program services account for $78K of program spending, described in the organization's own filed words · FY2023.
01

Richmond Public Schools after-school programs help youth take resources from nature to create art, while thinking of ways to give back to nature through collaboration and art. 21 Programs were offered in 13 schools and 510 students participated in the program.

$40Kprogram expense
02

We amplify abilities and create breakthroughs in youth by combining art education and nature-based learning. Functional Ceramics program helps make connections between ceramic art, plant cultivation and food justice. 63 students participated in the program.

$27Kprogram expense
03

IN TUNE is an Open Space Education mural project in partnership with Friends of Jefferson Park Boys and Girls Clubs of Metro Richmond, and MLK Middle School. By learning about the trees, plants, and animals that live there, as well as the varied histories of the park, students collaboratively created a mural that expresses the energy…

$8Kprogram expense
04

Other Programs Conducted

VCA on the Square, Trail Kids RVA, NCEA Exhibit, Farmers markets

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpenspace Education
EINHdr · item D86-2935989
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jwww.openspaceed.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFJul 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder and Director
$16,100Pt VII · Sec A
Deputy Director
$7,685Pt VII · Sec A
Founder and Director
$0Pt VII · Sec A
Deputy Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Blythe King’s $16K as Founder and Director is at the 64th percentile of top reported officer pay among 250 <$100K 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 · 2 named individuals · Part VII

NameFY2023FY2022
Blythe King$16,100$7,380
Mike Zetlan$7,685$2,000

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$36K
Total revenueLn 12$36K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.54 Management & general $0.14 Fundraising $0.03
Program services154%$51K
Management & general14%$5K
Fundraising3%$943
Total functional expensesLn 25$33K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$14K
Total liabilitiesLn 26$0
Total net assetsLn 32$14K
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14K · Operating expenses/yr $33K
5.1 months
Where the money goes
Program services
Program services $27K · Total expenses $33K
83%
Management & General
Management & general $5K · Total expenses $33K
14%
Fundraising
Fundraising $943 · Total expenses $33K
3%
Cost to raise $1
Fundraising expense $943 · Solicited contributions $36K
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $36K · Total revenue $36K
100%
Government reliance
Government grants $0 · Total revenue $36K
0%
Earned-income share
Program service revenue $0 · Total revenue $36K
0%
Investment reliance
Investment income $0 · Total revenue $36K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $33K
0%
Growth & trend
Revenue growth (YoY)
This year $36K · Prior year $34K
+5%
Net-asset trend (YoY)
End of year $14K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $36K · Expenses $33K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $14K
Net-asset ratio
Net assets $14K · Total assets $14K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $14K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Blythe King · Reported title Founder and Director · Highest reported compensation $16K · Total expenses $33K
49%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $33K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 154%
Overhead ratio 14%
Fundraising cost ratio 3%
Revenue growth 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$7K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$64K revenue · ⤓ 990 PDF
FY2024not on file
FY2023$36K revenue · viewing · ⤓ 990 PDF
FY2022$34K revenue · ⤓ 990 PDF
FY2021$22K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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