THE ARTS INSTITUTE OF VIRGINIA BEACH AII LLC
Closed

THE ARTS INSTITUTE OF VIRGINIA BEACH AII LLC
Closed

Virginia Beach, VA, US
•
a.k.a DC ART INSTITUTE OF VIRGINIA BEACH
•
501(c)3
•
EIN
82-1841799
•
WWW.ARTINSTITUTES.EDU
•
School

THE ARTS INSTITUTE OF VIRGINIA BEACH AII LLC
Closed

Virginia Beach, VA, US
•
a.k.a DC ART INSTITUTE OF VIRGINIA BEACH
•
501(c)3
•
EIN
82-1841799
•
WWW.ARTINSTITUTES.EDU
•
School
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
Funders
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Income Statement

Fiscal Year Start:
Jan 1
Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Revenues in 2023

$1,909,548

Program Services
82%
Other
18%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023

$3,075,728

Offices, Occupancy & IT
42%
Fees to Service Providers
34%
Salaries & Benefits
9%
Depreciation
8%
Grants
5%
Other
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,571,555
$1,572,443
-39%
Membership Dues
$0
$0
-
Investments
$79
$146
+85%
Other
$1,387,908
$336,959
-76%
Total Revenues
$3,959,542
$1,909,548
-52%
Expenses
2022
2023
Change
Grants
$265,763
$164,379
-38%
Benefits to Members
$0
$0
-
Salaries & Benefits
$657,399
$275,679
-58%
Fees to Service Providers
$1,311,047
$1,053,609
-20%
Advertising & Promotion
$367,886
$10,307
-97%
Offices, Occupancy & IT
$1,329,292
$1,285,648
-3%
Interest
$0
$0
-
Depreciation
$351,276
$236,129
-33%
Other
$72,037
$49,977
-31%
Total Expenses
$4,354,700
$3,075,728
-29%
Net income
2022
2023
Change
Net income
-$395,158
-$1,166,180
-195%
Functional Expenses
Summary
2022
2023
Change
Program
$1,302,436
$688,342
-47%
Admin
$3,052,264
$2,387,386
-22%
Fundraising
$0
$0
-
Total Expenses
$4,354,700
$3,075,728
-29%
Income Statement
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