RIVERVIEWS

EIN: 541736664 501(c)(3) Arts, Culture & Humanities

LYNCHBURG, VA

Total Revenue
$137,306
Total Expenses
$339,003
Total Assets
$1,759,710
Net Assets
$1,711,356
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
VA
Principal Officer
TRACEY LANGSETH
Phone
4348477277
Tax Period
2025-01-01 to 2025-12-31

RIVERVIEWS, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $284K in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $367K exceeded revenue, resulting in a 29% operating deficit.

Mission

RIVERVIEWS ARTSPACE IS CENTRAL VIRGINIA'S HOME FOR CONTEMPORARY ART - A DOWNTOWN LYNCHBURG DESTINATION WHERE NATIONALLY RECOGNIZED EXHIBITIONS, WORKING ARTIST STUDIOS, AND HANDS-ON EDUCATION PROGRAMS BRING CONTEMPORARY ART AND THE ARTISTS BEHIND IT INTO THE EVERYDAY LIFE OF OUR REGION.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $62,405
Program Service Revenue $39,638
Investment Income $21,928
Other Revenue $13,335
TOTAL REVENUE $137,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,032
Fundraising Expenses $757
Program Expenses $319,645
Other Expenses $179,971
TOTAL EXPENSES $339,003

Year-over-Year Comparison

2025 2024 Change
Revenue $137,306 $1,210,173 -0.9%
Expenses $339,003 $370,027 -0.1%
Net Income $-201,697 $840,146 -1.2%
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
11
Independent Members
11
Employees
9
Volunteers
35

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
6
$75,750
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH STROUD INTERIM CHAIR 3.00
Officer Director
$0 $0 $0
TIM SMITH VICE PRESIDENT & INTERIM SECRETARY 5.00
Officer Director
$0 $0 $0
STACY EVANS TREASURER 5.00
Officer Director
$0 $0 $0
MARK BURGIN DIRECTOR 3.00
Director
$0 $0 $0
MICHELE FREDERICKS DIRECTOR 3.00
Director
$0 $0 $0
FARAH MARKS DIRECTOR 3.00
Director
$0 $0 $0
LIZA TWERY MCANGUS DIRECTOR 3.00
Director
$0 $0 $0
SETH TWERY DIRECTOR 3.00
Director
$0 $0 $0
TY TOEPKE DIRECTOR 3.00
Director
$0 $0 $0
JENN LINDSAY FORMER CHAIR - RESIGNED MAY 2025 5.00
Officer Director
$0 $0 $0
JANELLE GALBRAITH FORMER SECRETARY - RESIGNED DECEMBER 2025 5.00
Officer Director
$0 $0 $0
TRACEY LANGSETH EXECUTIVE DIRECTOR 40.00
Officer
$75,750 $0 $75,750
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 $137,306 $339,003 $1,759,710 $-201,697
2024 $1,210,173 $370,027 $1,940,951 $840,146
2023 $144,144 $272,785 $1,119,425 $-128,641
2022 $210,103 $322,007 $1,198,128 $-111,904
2021 $225,772 $310,728 $1,348,650 $-84,956
2020 $282,972 $317,121 $1,407,238 $-34,149
2019 $314,146 $379,796 $1,489,390 $-65,650
2018 $284,332 $366,835 $1,581,666 $-82,503
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