THE RAPPAHANNOCK ASSOCIATION FOR T… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MATTHEW BLACK

Phone

8006956075

Tax Period

2025-01-01 to 2025-12-31

THE RAPPAHANNOCK ASSOCIATION FOR THE ARTS AND THE COMMUNITY INC, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 451% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 87% operating margin.

Mission

TO CREATE THE OPPORTUNITY FOR ALL RESIDENTS OF RAPPAHANNOCK COUNTY, VIRGINIA TO ENRICH THEIR LIVES THROUGH EXPOSURE TO THE ARTS.

Program Service Accomplishments

Program 1

Expenses: $87,179 Revenue: $10,291

MOVIE ENTERTAINMENT/CONCERTS - FILMS/MUSIC BROUGHT TO THE THEATRE ON GAY STREET; WASHINGTON, VA, FOR THE FALL, WINTER AND SPRING SEASONS. COMMUNITY ENRICHMENT - PROMOTE ARTS TO THE COMMUNITY.

Program 2

Expenses: $26,640 Revenue: $5,500

STUDIO TOUR - FEATURED OPEN STUDIOS AND PROFESSIONAL GALLERIES WITH NEW AND RETURNING ARTISTS SHOWING NEWLY CREATED WORK IN A WIDE VARIETY OF MEDIA.

Program 3

Expenses: $35,039 Revenue: $42,834

COMMUNITY PLAY - PROMOTE THE ARTS TO ENCOURAGE MORE PARTICIPATION FROM THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,386,935

Program Service Revenue $58,625

Investment Income $15,165

Other Revenue $12,000

TOTAL REVENUE $1,472,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,858

Other Expenses $191,572

TOTAL EXPENSES $191,572

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,472,725	$267,520	+4.5%
Expenses	$191,572	$182,094	+0.1%
Net Income	$1,281,153	$85,426	+14.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW BLACK	PRESIDENT	6.00	Officer	$0	$0	$0
LYNN DOLNICK	VICE PRESIDENT	1.00	Officer	$0	$0	$0
PETE PAZMINO	SECRETARY	2.00	Officer	$0	$0	$0
SALLIE MORGAN	TREASURER	2.00	Officer	$0	$0	$0
CONSTANCE BRUCE	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA BLACK	DIRECTOR	1.00	Director	$0	$0	$0
PAT BURKE	DIRECTOR	1.00	Director	$0	$0	$0
TIM CARRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
CLAIRE CASSEL	DIRECTOR	1.00	Director	$0	$0	$0
TINA FALKENBURY	DIRECTOR	1.00	Director	$0	$0	$0
BETSY HILLE	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY JONES	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA SALLEY	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE WEISS	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER WICKE	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,472,725	$191,572	$2,380,458	$1,281,153
2024	$267,520	$182,094	$1,099,305	$85,426
2023	$921,036	$172,092	$1,013,879	$748,944

THE RAPPAHANNOCK ASSOCIATION FOR THE ARTS AND THE COMMUNITY INC