2024-02-14T07:05:38-06:00 2023-06-30 621114363 Henderson Hutcherson & McCullough PLLC 1200 Market Street Chattanooga TN 37402 990 2022-07-01 581728801 Association for Visual Artists d/b/a Association for Visual Arts ASSO 4232654282 30 Frazier Ave Ste A Chattanooga TN 37405 Jennifer Lewis Executive Director 4232654282 2024-02-12 1 Jennifer Lewis 999009999 1 Eric Liddy CPA P01647158 4237567771 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jennifer Lewis 30 Frazier Ave Ste A Chattanooga TN 37405 464608 0 X www.avarts.org X 1986 TN To connect visual arts and community in personal and experiential ways because art makes people and communities better. 23 23 4 72 0 0 235290 226193 215631 185758 0 64 0 52593 450921 464608 0 0 0 0 148341 166386 0 0 67806 284177 310131 432518 476517 18403 -11909 116196 316183 88433 300329 27763 15854 To connect visual arts and the community in personal and experiential ways because art makes communities better. 0 0 287043 153031 Festivals and events: presentation of art in a public forum 24694 31884 Exhibits: production of various exhibits of local, regional, and national artists in various forums 238 843 Programs, classes, and workshops: production programs, classes, and workshops for members and public for free or nominal fee 311975 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X Association for Visual Artists 4232654282 30 Frazier Ave Chattanooga TN 37405 X Lindsay Hill Board Chair 1.00 X 0 0 0 David Spiller Vice President 1.00 X 0 0 0 Margaret Baird Treasurer 1.00 X 0 0 0 Michelle Leavy Secretary 1.00 X 0 0 0 Jamie Barks Director 1.00 X 0 0 0 Mark Bradley-Shoup Director 1.00 X 0 0 0 Philip Byrum Director 1.00 X 0 0 0 Elizabeth Carriger Director 1.00 X 0 0 0 Alan Doak Director 1.00 X 0 0 0 Brandon Deering Director 1.00 X 0 0 0 Annie Hagaman Director 1.00 X 0 0 0 Julius Hubbard Director 1.00 X 0 0 0 Courtenay James Director 1.00 X 0 0 0 Dr Paul Kaplan Director 1.00 X 0 0 0 Cara McGowan Director 1.00 X 0 0 0 Kirby Miles Director 1.00 X 0 0 0 La-Tesia Poole Director 1.00 X 0 0 0 Adrienne Powell Director 1.00 X 0 0 0 Holly Schwartz Director 1.00 X 0 0 0 Angie To Director 1.00 X 0 0 0 Caroline Walker Director 1.00 X 0 0 0 Maria Willison Director 1.00 X 0 0 0 Ricky Supan President Emeritus 1.00 X 0 0 0 Larry Stone President Emeritus 1.00 X 0 0 0 Juanita Tumelaire President Emeritus 1.00 X 0 0 0 0 0 0 0 0 0 0 0 13323 72117 140753 226193 Festivals and events 900099 153031 153031 Art sales and gallery 900099 31884 31884 Program workshops and 900099 843 843 185758 64 64 52593 0 52593 52593 52593 464608 185758 0 52657 X 141579 84947 32563 24069 24807 14884 5706 4217 16143 9686 3713 2744 69961 41976 16091 11894 19135 11481 4401 3253 1010 673 337 4100 2460 943 697 53851 29560 15916 8375 619 371 142 106 75 75 5146 3088 1184 874 7211 4327 1659 1225 7434 4460 1710 1264 Production costs 71986 71986 Supplies 18886 11332 4344 3210 Exhibit costs 12989 7793 2987 2209 Equipment rentals 12168 7301 2799 2068 9417 5650 2166 1601 476517 311975 96736 67806 13813 8710 37741 10306 46627 61921 2129 4164 4431 9350 210450 200888 11455 9562 0 212170 116196 316183 13533 11964 74900 74344 0 214021 88433 300329 X 27763 15854 27763 15854 116196 316183 -11909 0 X 0 1 X 0 0 X 150051 184157 111882 233164 226195 905449 150051 184157 111882 233164 226195 905449 70831 834618 50132 51718 49968 53168 52593 257579 1163028 758183 0.71760 0.66040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 162885 154138 8747 47565 46750 815 9562 Right of Use Asset 212170 212170 Lease Liability 214021 214021 X 517898 53290 53290 464608 0 464608 529807 53290 53290 476517 0 476517 Part X, Line 2: The organization follows the guidance of ASC Topic 740, Income Taxes (previously FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109) which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. This interpretation prescribed a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. In addition, ASC Topic 740 provides guidance on derecognition, classification, interest and penalties, disclosure and transition. The Organization adopted the provisions of ASC Topic 740, and they had no impact on the financial position, results of operations, and cash flows. Based on its evaluation, the Organization has concluded that there are no significant uncertain tax position requiring recognition in its financial statements. The organization's evaluation was performed for the tax years ended June 30, 2020 through June 30, 2023 for federal income tax, the years that remain subject to examination by major tax jurisdictions as of June 30, 2023. Form 990, Part VI, Section B, line 11b The form 990 is presented to the board of directors who reviews and asks questions on any items of concern. Once questions have been accurately answered and board of directors feel comfortable with the return, a vote is taken on whether to approve or not to approve. All members must agree before return is filed. Form 990, Part VI, Section B, line 12c Upon appointment to the organization, members are required to sign the Association for Visual Arts Conflict of Interest Declaration which includes disclosure of their activities which could give rise to a real, potential or apparent conflict of interest or impair the ability to perform his or her official duties objectively. Declarations are updated once a year by all members, at the board meeting immediately preceding the commencement of a new fiscal year. Form 990, Part VI, Section B, line 15 The organization will first compare average salaries of all employees to the average salary in the area for similar nonprofits. Salaries are then determined on a performance basis as well as compared to these averages. Adjustments are considered on an annual basis. Form 990, Part VI, Section C, line 19 These documents are only provided to the general public upon request. Form 990, Part IX, line 11g Contract artist fees: Program service expenses 41,976. Management and general expenses 16,091. Fundraising expenses 11,894. Total expenses 69,961.