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Arts, Culture, Humanities : Museums

Virginia Museum of Contemporary Art

Fostering awareness, exploration and understanding of the significant art of our time

two stars

79.86

2200 Parks Avenue Virginia Beach, VA 23451
tel: (757) 425-0000   Web Site
EIN: 23-7112328

Board Leadership
Scott Duncan
Chair

CEO
Gary Ryan
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 79.86 two stars
  Financial 73.73 two stars
  Accountability & Transparency 89.00 three stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Contemporary Art Center of Virginia (CAC) is a noncollecting institution founded in 1952 to foster awareness, exploration and understanding of the significant art of our time. Regularly changing exhibitions feature painting, sculpture, photography, glass, video and other visual media from internationally acclaimed artists as well as artists of national and regional renown. By balancing its four primary activities--gallery exhibitions, studio art classes, educational outreach programs and outdoor art shows--the Contemporary Art Center of Virginia seeks to involve a diverse regional public in the rich and active language of contemporary visual art. CAC also offers a wide variety of art exploration programs that enhance your knowledge of contemporary art.

The Contemporary Art Center of Virginia (CAC) is a noncollecting institution founded in 1952 to foster awareness, exploration and understanding of the significant art of our time. Regularly changing exhibitions feature painting, sculpture, photography, glass, video and other visual media from internationally acclaimed artists as well as artists of national and regional renown. By balancing its four primary activities--gallery exhibitions, studio art classes, educational outreach programs and outdoor art shows--the Contemporary Art Center of Virginia seeks to involve a diverse regional public in the rich and active language of contemporary visual art. CAC also offers a wide variety of art exploration programs that enhance your knowledge of contemporary art.

Impact Information

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Financial

two stars

73.73

Accountability & Transparency

three stars

89.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
64.7%
  Administrative Expenses 21.4%
  Fundraising Expenses 13.7%
  Fundraising Efficiency $0.25
  Working Capital Ratio (years) 1.01
  Program Expenses Growth 2.3%
  Liabilities to Assets 9.5%
All data for Financial Performance Metrics calculations was provided by Virginia Museum of Contemporary Art on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Virginia Museum of Contemporary Art on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Virginia Museum of Contemporary Art (VA) 79.86 two stars
SITE Santa Fe (NM) 88.78 three stars
The Institute of Contemporary Art (MA) 86.33 three stars
The Contemporary Austin (TX) 88.15 three stars
Museum of Contemporary Art, Chicago (IL) 88.63 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $970,213
   Federated Campaigns $0
   Membership Dues $40,603
   Fundraising Events $30,435
   Related Organizations $0
   Government Grants $170,989
Total Contributions $1,212,240
   Program Service Revenue $668,785
Total Primary Revenue $1,881,025
   Other Revenue $427,572
TOTAL REVENUE $2,308,597
   
EXPENSES  
   Program Expenses $1,363,701
   Administrative Expenses $464,901
   Fundraising Expenses $288,752
TOTAL FUNCTIONAL EXPENSES $2,117,354
   
Payments to Affiliates $0
Excess (or Deficit) for the year $191,243
   
Net Assets $2,202,410

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Organize Art Shows $790,948 58.0%
Exhibits $368,199 27.0%
Studio Art Classes $204,554 15.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 79.86 two stars
2017-06 08/01/2018 76.56 two stars
2016-06 12/01/2017 80.29 three stars
2015-06 11/01/2016 79.70 two stars
2014-06 07/01/2016 82.93 three stars
2014-06 06/01/2016 81.91 three stars
 
CN 2.0
2014-06 10/01/2015 79.04 two stars
2013-06 10/01/2014 84.82 three stars
2012-06 08/01/2013 84.18 three stars
2011-06 05/01/2012 82.04 three stars
2010-06 09/20/2011 82.12 three stars
 
CN 1.0
2009-06 09/01/2010 70.13 two stars
2008-06 10/01/2009 76.19 two stars
2007-06 03/01/2009 81.35 three stars
2006-06 06/01/2007 68.81 one star
2005-06 06/01/2006 56.47 one star
2004-06 03/01/2005 62.48 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7112328
Name in IRS Master File VIRGINIA MUSEUM OF CONTEMPORARY ART
NTEE Code A40
NTEE Classification Visual Arts Organizations
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1971
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$100,000 4.72% Debi Gray Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Virginia Museum of Contemporary Art (VA) 79.86 two stars
The Contemporary Austin (TX) 88.15 three stars
Hyde Park Art Center (IL) 88.85 three stars
New Museum of Contemporary Art (NY) 89.01 three stars
SITE Santa Fe (NM) 88.78 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Virginia Museum of Contemporary Art
2200 Parks Avenue
Virginia Beach, VA 23451
tel: (757) 425-0000
fax: (757) 425-8186
EIN: 23-7112328

Visit Web Site

Board Leadership

Scott Duncan
Chair

CEO

Gary Ryan
Executive Director

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