2024-11-15T12:13:01-06:00 2023-12-31 541953476 DAVIDSON DOYLE & HILTON LLP PO BOX 800 LYNCHBURG VA 245050800 990 2023-01-01 541736664 RIVERVIEWS RIVE 4348477277 901 JEFFERSON STREET 113 LYNCHBURG VA 24504 TRACEY LANGSETH EXECUTIVE DIRECTOR 4348477277 2024-11-15 1 0 AMY A GALLAGHER CPA P00884747 4348467611 2023 2024-10-15 13:58:12Z TRACEY LANGSETH 901 JEFFERSON STREET SUITE 113 LYNCHBURG VA 24504 252154 0 X WWW.RIVERVIEWS.NET X 1994 VA THE PROVISION OF ART SPACE TO LOCAL ARTISTS FOR GALLERIES AND CLASSROOMS. 11 11 10 0 -17555 0 91390 87861 87232 71151 21628 466 9853 -15334 210103 144144 0 0 0 0 134487 99616 0 0 12012 187520 173169 322007 272785 -111904 -128641 1198128 1119425 29872 54000 1168256 1065425 X RIVERVIEWS IS DEDICATED TO FOSTERING THE CREATION, EXHIBITION, AND PUBLIC AWARENESS OF CONTEMPORARY ART. LOCATED IN DOWNTOWN HISTORIC LYNCHBURG, RIVERVIEWS HOSTS PUBLIC ART EXHIBITIONS, EDUCATION AND ENRICHMENT PROGRAMS, AND PROVIDES A SPACE TO CREATE, EXHIBIT AND SHARE WORK FROM BOTH ESTABLISHED AND EMERGING ARTISTS. THROUGH THESE ACTIVITIES AND ITS PARTNERSHIPS, RIVERVIEWS NURTURES A VIBRANT CONTEMPORARY ARTS COMMUNITY IN CENTRAL VIRGINIA. 0 0 229533 71494 LOCATED, PURCHASED, AND RENOVATED AN HISTORIC BUILDING. RENTED SPACES TO LOCAL ARTISTS FOR STUDIOS, RESIDENTIAL AND CLASSROOMS. 229533 1 1 0 0 0 0 0 0 0 0 1 1 0 0 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 11 0 1 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X THE ORGANIZATION 4348477277 901 JEFFERSON STREET STE 113 LYNCHBURG VA 24504 LIZA TWERY MCANGUS PRESIDENT 5.00 X X 0 0 0 JANELLE GALBRAITH SECRETARY 5.00 X X 0 0 0 JENN LINDSAY VICE PRESIDENT 5.00 X X 0 0 0 MARK BURGIN DIRECTOR 3.00 X 0 0 0 MICHELE FREDERICKS DIRECTOR 3.00 X 0 0 0 FARAH MARKS DIRECTOR 3.00 X 0 0 0 JOSEPH J KRAKORA DIRECTOR 3.00 X 0 0 0 TY TOEPKE DIRECTOR 3.00 X 0 0 0 LESLEY SHIPLEY DIRECTOR 3.00 X 0 0 0 ELIZABETH STROUD DIRECTOR 3.00 X 0 0 0 TIM SMITH DIRECTOR 3.00 X 0 0 0 STACY EVANS TREASURER 5.00 X 0 0 0 SETH TWERY DIRECTOR 3.00 X 0 0 0 TRACEY LANGSETH EXECUTIVE DIRECTOR 40.00 X 48000 0 0 48000 0 0 0 0 0 0 0 87861 87861 RENTAL INCOME 711190 50849 50849 PROGRAM REVENUE 711190 20302 20302 71151 466 466 83548 101103 -17555 -17555 -17555 8785 6907 1878 1878 OTHER INCOME 900099 343 343 343 144144 71494 -17555 2344 48000 36000 8160 3840 43533 32649 7401 3483 8083 6062 1374 647 8420 6315 1431 674 14179 10634 2411 1134 1027 770 175 82 4505 3379 766 360 713 535 121 57 58860 47088 11772 4878 3659 829 390 CONDO ASSOCIATION FEES 57345 57345 PROGRAM EXPENSES 46412 46412 MISCELLANEOUS EXPENSE 12728 9546 2164 1018 REPAIRS & MAINTENANCE 8219 6575 1644 -44117 -37436 -7008 327 272785 229533 31240 12012 24868 14525 121693 61099 10000 47822 1589946 690017 944783 899929 96784 96050 1198128 1119425 3821 5000 26051 49000 29872 54000 X 1078416 1040560 89840 24865 1168256 1065425 1198128 1119425 -128641 25810 0 X X 0 1 X 0 0 X 92343 247172 82638 91391 87863 601407 92343 247172 82638 91391 87863 601407 44199 557208 47396 48538 57675 62220 84013 299842 2520 1143 34618 155 343 38779 940028 551298 0.59280 0.62870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52451 52451 1435466 606036 829430 96942 79931 17011 5087 4050 1037 899929 MUTUAL FUNDS 96050 F 96050 DIRECTORS BB&T CREDIT CARD PAYABLE 14977 PAYROLL LIABILITIES 4498 TENANT SECURITY DEPOSITS 8125 EIDL LOAN 21400 49000 X 277964 25810 108010 133820 144144 0 144144 380795 108010 108010 272785 0 272785 PART X, LINE 2: THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. FISCAL YEARS ENDING ON OR AFTER DECEMBER 31, 2020 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO RENTAL ON 990T NETTED AGAINST INCOME SPECIAL EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO RENTAL ON 990T SPECIAL EVENT EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO KIMBERLY SORENSON - EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR REVIEWS THE 990 AND APPROVES. FORM 990, PART VI, SECTION B, LINE 12C RIVERVIEWS HOLDS MONTHLY MEETINGS FOR THE BOARD OF DIRECTORS. IF ANY QUESTION OF CONLICT IS ANTICIPATED, THAT ISSUE IS ADDRESSED AS SOON AS POSSIBLE WITH THE BOARD MEMBER OF STAFF IN QUESTION. THAT BOARD MEMBER OR STAFF MUST RECUSE HIM OR HERSELF FROM ANY VOTE OR CONVERSATION ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 RIVERVIEWS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUME OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.