CHARLES H TAYLOR ARTS CENTER FOUNDATION

EIN: 541736369 501(c)(3) Philanthropy & Grantmaking

HAMPTON, VA

Total Revenue
$39,658
Total Expenses
$197,107
Total Assets
$3,501,172
Net Assets
$3,501,172
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
HANSFORD POST
Phone
7577222787
Tax Period
2024-07-01 to 2025-06-30

CHARLES H TAYLOR ARTS CENTER FOUNDATION is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $68K in total revenue in fiscal year 2017. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $226K exceeded revenue, resulting in a 231% operating deficit.

Mission

THE THEATRE AND THE ARTS CENTER OFFER A SERIES OF CONCERTS AND EXHIBITIONS AND WORKSHOPS BY PERFORMERS AND ARTISTS. THE PURPOSE OF THE THEATRE IS TO PROMOTE THE ARTS TO THE CITIZENS OF GREATER HAMPTON ROADS VIRGINIA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,328
Program Service Revenue $0
Investment Income $2,330
Other Revenue $0
TOTAL REVENUE $39,658

Expense Breakdown

Grants Paid $40,169
Salaries & Benefits $0
Fundraising Expenses $8,370
Program Expenses $186,735
Other Expenses $156,938
TOTAL EXPENSES $197,107

Year-over-Year Comparison

2024 2023 Change
Revenue $39,658 $42,689 -0.1%
Expenses $197,107 $178,777 +0.1%
Net Income $-157,449 $-136,088 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID C BOWEN PRESIDENT 2.00
Officer Director
$0 $0 $0
DENINE M MILLER VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
HANSFORD POST TREASURER 5.00
Officer Director
$0 $0 $0
SHERLY CRAWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
MARK DUNCAN BOARD MEMBER 1.00
Director
$0 $0 $0
DANA GRAY BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA MUGLER BOARD MEMBER 1.00
Director
$0 $0 $0
MERLE A RIVAS BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN SPAULDING BOARD MEMBER 1.00
Director
$0 $0 $0
DR KAREN WARD BOARD MEMBER 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 $39,658 $197,107 $3,501,172 $-157,449
2024 $42,689 $178,777 $3,568,701 $-136,088
2023 $67,346 $273,985 $3,704,789 $-206,639
2022 $97,371 $264,773 $3,911,428 $-167,402
2021 $104,887 $225,681 $4,078,830 $-120,794
2020 $85,690 $263,217 $4,199,624 $-177,527
2019 $73,318 $240,899 $4,377,151 $-167,581
2018 $68,296 $226,181 $4,544,732 $-157,885
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