Nonprofit · EIN 23-7061145
ACADEMY CENTER OF THE ARTS INC
Tax-exempt · LYNCHBURG, VA 24504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $7,407,099 | $6,153,847 | $1,253,252 | $43,302,481 | $839,759 | $42,462,722 |
| December 31, 2024 | 990 | $5,328,199 | $6,240,722 | -$912,523 | $41,715,194 | $914,758 | $40,800,436 |
| December 31, 2023 | 990 | $2,549,867 | $2,736,266 | -$186,399 | $41,201,958 | $665,975 | $40,535,983 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,994,910
- of which government grants
- $78,720
- Program service revenue
- $2,713,184
- Investment income
- $1,278,638
- Net rental income
- $233,767
- Net gain from sales of assets
- $1,160,748
- Net income from fundraising events
- $146,134
- Other revenue
- $420,367
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $129,905
- Other salaries and wages
- $1,346,683
- Salaries, compensation and benefits (total)
- $1,648,886
- Professional fundraising fees
- $0
- Accounting fees
- $14,450
- Occupancy
- $280,860
- Travel
- $17,579
- Depreciation
- $1,164,146
- Program services (functional)
- $5,157,607
- Management and general (functional)
- $440,985
- Fundraising (functional)
- $555,255
Balance sheet and other
- Total assets, start of year
- $41,715,194
- Total assets, end of year
- $43,302,481
- Total liabilities, end of year
- $839,759
- Net assets, end of year
- $42,462,722
- Land, buildings and equipment
- $33,752,179
- Publicly traded securities
- $4,268,832
- Net assets without donor restrictions
- $37,047,648
- Net assets with donor restrictions
- $5,415,074
- Gross receipts
- $11,015,364
- Employees
- 65
- Volunteers
- 146
- Year formed
- 2003
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEOFFREY KERSHNER | CHIEF EXECUTIVE OFFICER Highest-paid employee | 40 | $129,905 | $3,218 |
| JOSEPH TUCKER | MEMBER Trustee or director | 3 | $0 | $0 |
| EMILY CROWDER | MEMBER Trustee or director | 1 | $0 | $0 |
| JESSICA CLARKSON | MEMBER Trustee or director | 1 | $0 | $0 |
| ANTONIO DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| DERRICK BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES WRIGHT | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ANDREA HARRIS | MEMBER Trustee or director | 1 | $0 | $0 |
| CATHERINE VARNER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ALISHA CHILDRESS | MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES WATKINS | MEMBER Trustee or director | 1 | $0 | $0 |
| SUE OTT ROWLANDS | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL MCWANE | MEMBER Trustee or director | 1 | $0 | $0 |
| WALKER SIGLER | MEMBER Trustee or director | 2 | $0 | $0 |
| ULA KAUPPI | MEMBER Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALISON MORRISON SHETLAR | MEMBER Trustee or director | 1 | $0 |
| PHYLLISTINE MOSLEY | MEMBER Trustee or director | 1 | $0 |
| MARIA HAYDEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| TIM SMITH | MEMBER Trustee or director | 1 | $0 |
| DARLENE WALLACE | MEMBER Trustee or director | 1 | $0 |
| GEORGE ZIPPEL | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT TAYLOR | MEMBER Trustee or director | 1 | $0 |
| AMY KOWALSKI | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEOFFREY KERSHNER | CHIEF EXECUTIVE OFFICER Officer | 40 | $131,635 | $3,949 |
| JOSEPH TUCKER | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| EMILY CROWDER | MEMBER Trustee or director | 1 | $0 | $0 |
| JESSICA CLARKSON | MEMBER Trustee or director | 1 | $0 | $0 |
| ANTONIO DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| DERRICK BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES WRIGHT | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ANDREA HARRIS | MEMBER Trustee or director | 1 | $0 | $0 |
| CATHERINE VARNER | MEMBER Trustee or director | 1 | $0 | $0 |
| ALISHA CHILDRESS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| AMY KOWALSKI | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES WATKINS | MEMBER Trustee or director | 1 | $0 | $0 |
| SUE OTT ROWLANDS | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL MCWANE | MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHALMERS NUNN | MEMBER Trustee or director | 1 | $0 | $0 |
| WALKER SIGLER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| BETH DOYLE | MEMBER Trustee or director | 1 | $0 | $0 |
| ULA KAUPPI | MEMBER Trustee or director | 1 | $0 | $0 |
| ALISON MORRISON SHETLAR | MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGEANN SNEAD | MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN HOOPER | MEMBER Trustee or director | 1 | $0 | $0 |
| HOLLY TRENT | MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE SHADLER | MEMBER Trustee or director | 1 | $0 | $0 |
| DR LAURA GATELEY | MEMBER Trustee or director | 1 | $0 | $0 |
| PHYLLISTINE MOSLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA HAYDEN | MEMBER Trustee or director | 1 | $0 | $0 |
| TIM SMITH | MEMBER Trustee or director | 1 | $0 | $0 |
| DARLENE WALLACE | MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE ZIPPEL | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEOFFREY KERSHNER | CHIEF EXECUTIVE OFFICER Officer | 40 | $131,750 | $2,674 |
| ELIZABETH STROUD | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| EMILY CROWDER | MEMBER Trustee or director | 1 | $0 | $0 |
| JESSICA CLARKSON | MEMBER Trustee or director | 1 | $0 | $0 |
| ANTONIO DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| DONNA GADDY-BOWEN | MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH TUCKER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| RON SHOULTZ | MEMBER Trustee or director | 1 | $0 | $0 |
| CATHERINE VARNER | MEMBER Trustee or director | 1 | $0 | $0 |
| ULA KAUPPI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| AMY KOWALSKI | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES WATKINS | MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD LOVING | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL MCWANE | MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHALMERS NUNN | MEMBER Trustee or director | 1 | $0 | $0 |
| WALKER SIGLER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| BETH DOYLE | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES WRIGHT | MEMBER Trustee or director | 1 | $0 | $0 |
| ALISON MORRISON SHETLAR | MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGEANN SNEAD | MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN HOOPER | MEMBER Trustee or director | 1 | $0 | $0 |
| HOLLY TRENT | MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE SHADLER | MEMBER Trustee or director | 1 | $0 | $0 |
| DR LAURA GATELY | MEMBER Trustee or director | 1 | $0 | $0 |
| PHYLLISTINE MOSLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA HAYDEN | MEMBER Trustee or director | 1 | $0 | $0 |
| ALISHA CHILDRESS | MEMBER Trustee or director | 1 | $0 | $0 |
| D TODD IRBY | MEMBER Trustee or director | 1 | $0 | $0 |
| ETHEL REEVES | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 MAIN ST, LYNCHBURG, VA 24504-1322
- Principal officer (990 for 2025)
- GEORGE ZIPPEL, 600 MAIN STREET, LYNCHBURG, VA 24504
- Signed the 990
- GEORGE ZIPPEL, TREASURER
- Phone
- (434) 528-3256
- Website
- WWW.ACADEMYCENTER.ORG
- Return prepared by
- DAVIDSON DOYLE & HILTON LLP
Mission
THE ORGANIZATION'S MISSION IS TO CULTIVATE A HEALTHIER AND MORE INTERCONNECTED COMMUNITY THROUGH CULTURAL INFRASTRUCTURE AND COMMUNITY-BUILDING ARTS PROGRAMS.THROUGH THE ACADEMY, COMMUNITY HEALTH AND INTERCONNECTIVITY WILL BE CULTIVATED THROUGH:-PROGRAMS THAT INSPIRE INDIVIDUALS OF ALL AGES, UNLOCKING THEIR INHERENT POTENTIAL AND NURTURING SOCIAL BONDS.-STATE-OF-THE-ART FACILITIES AND DEDICATED SUPPORT STAFF THAT ELEVATE OTHER LOCAL ARTS INSTITUTIONS AND CULTURAL ACTIVITIES.-ACTIVITIES THAT ENGAGE BROAD AUDIENCES, WITH SPECIAL EMPHASIS ON ADDRESSING LIMITED ACCESS TO COMMUNITY NETWORKS BY FOSTERING COLLABORATION AND EXPANDING OPPORTUNITIES FOR PERSONAL GROWTH.
Program accomplishments
- PROMOTION OF THE CREATIVE ARTS IN THE CENTRAL VIRGINIA AREA, THE ACADEMY PROVIDES 237 ART CLASSES OVER VARYING PERIODS FOR PERSONS RANGING FROM YOUNG CHILDREN TO SENIOR CITIZENS. OVER 4,871 PERSONS WERE SERVED VIA THESE CLASSES. THE ACADEMY ALSO PRESENTS ART SHOWS IN ITS GALLERY AND AT OTHER SPACES THROUGHOUT THE COMMUNITY. THESE PRESENTATIONS GIVE LOCAL ARTISTS A VENUE TO DISPLAY THEIR TALENTS. IT ALSO ALLOWS MEMBERS OF THE COMMUNITY TO BE ABLE TO VIEW QUALITY ARTWORK WITHOUT HAVING TO TRAVEL OUTSIDE OF THE GENERAL AREA.Expenses $5,023,817 · revenue $2,987,417
- THE ACADEMY IS ALSO INVOLVED IN THE RESTORATION OF THE HISTORIC ACADEMY OF MUSIC THEATER IN LYNCHBURG, VIRGINIA. THE ACADEMY OF MUSIC THEATER IS A BUILDING DATING TO THE EARLY 1900'S. IT IS BOTH HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT TO THE LYNCHBURG AREA. THE THEATER PLAYED HOST TO SOME OF THE GREAT NAMES OF AMERICAN ENTERTAINMENT IN THE DAYS BEFORE MOVING PICTURES. THE EXPENSES ASSOCIATED WITH THIS ACTIVITY ARE PRESENT IN THE BALANCE SHEET IN THAT MOST, IF NOT ALL, EXPENDITURES ARE FOR CAPITALIZED ITEMS.Expenses $133,790
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7061145
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A61)
- Assets (IRS master file)
- $43,302,481
- Income (IRS master file)
- $11,015,364
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $7,407,099 | $6,153,847 | $43,302,481 | XML |
| 990 | December 2024 | $5,328,199 | $6,240,722 | $41,715,194 | IRS |
| 990 | December 2023 | $2,549,867 | $2,736,266 | $41,201,958 | XML |
| 990 | December 2022 | $2,173,066 | $1,947,699 | $40,966,409 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7061145).
Questions about ACADEMY CENTER OF THE ARTS INC
- What is the EIN of ACADEMY CENTER OF THE ARTS INC?
- The employer identification number (EIN) of ACADEMY CENTER OF THE ARTS INC is 23-7061145.
- Is ACADEMY CENTER OF THE ARTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to ACADEMY CENTER OF THE ARTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY CENTER OF THE ARTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACADEMY CENTER OF THE ARTS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMY CENTER OF THE ARTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACADEMY CENTER OF THE ARTS INC?
- The 990 for the year ended December 31, 2025 names GEORGE ZIPPEL.
- Who are the officers and directors of ACADEMY CENTER OF THE ARTS INC?
- The 990 for the year ended December 31, 2025 lists 23 people; 1 received compensation from the organization, the highest $129,905 (GEOFFREY KERSHNER, CHIEF EXECUTIVE OFFICER).
- How much revenue does ACADEMY CENTER OF THE ARTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $7,407,099, expenses of $6,153,847 and total assets of $43,302,481 at year end.
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