Passes our checks

Visual Arts Center Endowment Trust Inc

EIN 26-3606606 · Punta Gorda, FL

Public records show a registered, tax-exempt organization in good standing.

What it says it does

SEE SCHEDULE O

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 75 out of 100. Higher than 50% of charities in its peer group (arts and culture, under $250k).

Reserves
35 of 35
Spendable reserves would cover more than ten years of spending.
Debt
20 of 20
It owes 0% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 21% of income.
Income trend
5 of 15
Income fell 16% on the year before.
Spending floor
15 of 15
100% of spending went to programs.

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 71 out of 100. Higher than 66% of charities in its peer group (arts and culture, under $250k).

Independent board
25 of 25
7 of 7 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)

$65,217 spent. RECEIVE CHARITABLE BEQUESTS AND DEVICES AS ASSSETS TO MANAGE AND TO DISTRIBUTE THE PROCEEDS OF THE MANAGEMENT TO THE CHARLOTTE COUNTY ART GUILD,INC.
FORM 990 - ORGANIZATIONS MISSION THE VISUAL ARTS CENTER ENDOWMENT TRUST, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO RECEIVE CHARITABLE BEQUESTS AND DEVICES AS ASSETS TO MANAGE THOSE ASSETS AND TO DISTRIBUTE THE PROCEEDS OF THEIR MANAGEMENT TO THE CHARLOTTE COUNTY ART GUILD IN ORDER TO SUPPORT THE ART GUILD IN PROMOTING THE ADVANCEMENT OF AND APPRECIATION FOR THE VISUAL ARTS IN CHARLOTTE COUNTY FLORIDA. THE GOAL OF THE TRUST IS TO ESTABLISH A PREPETUAL ASSET BASE, THE INCOME FROM WHICH WILL BE USED TO FURTHER THE GOALS OF THE ART GUILD AND TO CARRY ON ANY LAWFUL PURPOSE OR PURPOSES NOT FOR PECUNIARY PROFIT WHICH MAY BE DONE BY A NOT-FOR-PROFIT CORPORATION

Source: Form 990 for the year ending May 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.