NonprofitsVector Space

Arts, Culture & Humanities

Vector Space

LYNCHBURG, VA

Total revenue

$437K

Total expenses

$374K

Net assets

$760K

Grants received

$241K

26 grants

EIN

473633116

Tax year

2024

Mission

To build an open and collaborative community that fosters innovation, creativity, and the pursuit of science based knowledge.

Financials

FY 2024

Revenue

Contributions & grants$392K
Program service revenue$32K
Investment income$7K
Other revenue$5K
Total revenue$437K

Expenses

Grants paid
Salaries & benefits$65K
Fundraising$6K
Other expenses$309K
Total expenses$374K
Total assets$1.5M
Net assets$760K

People

9 listed

NameRoleCompensation

ADAM SPONTARELLI

DIRECTOR OF EDUCATION

Board

$20K

40 hrs/wk

ELISE SPONTARELLI

EXECUTIVE DIRECTOR

Board

$20K

40 hrs/wk

ALISHA MEADOR

RECORDING SECRETARY

Board

1 hrs/wk

BOB BAILEY

BOARD CHAIR

Board

1 hrs/wk

BILL GUZEK

DIRECTOR

Board

1 hrs/wk

NAT MARSHALL

DIRECTOR

Board

1 hrs/wk

SWATHI PRABHU

DIRECTOR

Board

1 hrs/wk

PETER SHELDON

DIRECTOR

Board

1 hrs/wk

RAYFURD THOMPSON

TREASURER

Board

1 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$15K
DUST COLLECTION SYSTEM FOR WOODSHOP
2024
$7K
STRENGTHENING FAMILIES AND COMMUNITIES
2024
$3K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$18K
SUPPORT TO ADD NEW TOOL AREAS
2023
$5K
CONTRIBUTION
2023
$5K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$25K
PROGRAM SUPPORT
2022
$20K
OPERATIONAL EXPENSES
2022
$15K
CAPITAL CAMPAIGN
2022
$15K
GENERAL OPERATING
2022
$9K
For grant recipient's exempt purposes
2022
$6K
GENERAL SUPPORT
2022
$5K
CONTRIBUTION
2022
$4K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$1K
FURTHERANCE OF CHARITABLE PURPOSES
2022
$2K
FURTHERANCE OF CHARITABLE PURPOSES
2021
$20K
GENERAL OPERATING SUPPORT (COVID-19)
2020
$14K
PROGRAM SUPPORT
2020
$6K
OPERATIONAL EXPENSES
2020
$2K
FURTHERANCE OF CHARITBALE PURPOSES
2020
$5K
TO PROVIDE FUNDING FOR ANNUAL COMMUNITY EVENTS
2019

Funded by

$241K from 15 funders · 26 grants · 2018–2024

The Al Stroobants Foundation

$57K · 3 grants · 2020–2023

Foster Foundation

$31K · 4 grants · 2020–2023

Cognizant Us Foundation

$20K · 1 grant · 2020

Schewel Charitable Foundation

$20K · 1 grant · 2022

Greater Lynchburg Community Foundation

$18K · 3 grants · 2019–2024

Easley Char Irr Tua 5019004715

$15K · 1 grant · 2024

Truist Foundation Inc

$15K · 1 grant · 2022

Details

EIN473633116
NTEE codeA90
Subsection03
Ruling date2017-08
Formed2015
Employees3
Volunteers165
VECTOR SPACE — Mission, Financials & Grants Received | Grantivo