Totals
- Total revenue
- $8,027,665
- Total expenses
- $7,341,419
- Contributions and grants received
- $3,446,781
- Grants paid
- $277,322
- Program service revenue
- $4,315,995
- Investment income
- $275,620
- Other revenue
- -$10,731
- Total assets, end of year
- $14,066,266
- Total liabilities, end of year
- $2,646,125
- Net assets or fund balances, end of year
- $11,420,141
- Program services expenses (Part IX)
- $6,161,987
- Management and general expenses
- $745,564
- Fundraising expenses
- $433,868
- Program service expenses (Part III)
- $6,161,987
Program services were 83.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$303,536
-
1d · Related organizations
$50,092
-
1e · Government grants (contributions)
$120,864
-
1f · All other contributions, gifts and grants
$2,972,289
-
1g · Noncash contributions included above
$241,970
-
2a · Program service revenue: PRODUCTION AND TOURS
total $2,784,752 · related or exempt $2,737,637 · unrelated business $47,115
-
2b · Program service revenue: SCHOOL TUITION
total $1,393,713 · related or exempt $1,393,713
-
2c · Program service revenue: MINDS IN MOTION
total $137,530 · related or exempt $137,530
-
3 · Investment income
total $218,901 · excluded $218,901
-
6a · Gross rents
real property $10,434
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $10,434
-
6d · Net rental income or loss
total $10,434 · excluded $10,434
-
7a · Gross sales of assets other than inventory
securities $2,963,347
-
7b · Less cost or other basis and sales expenses
securities $2,904,495 · other assets $2,133
-
7c · Gain or loss
securities $58,852 · other assets -$2,133
-
7d · Net gain or loss
total $56,719 · excluded $56,719
-
8a · Fundraising events: gross income
$55,110
-
8a · Fundraising events: contributions included on line 1c
$303,536
-
8b · Fundraising events: direct expenses
$135,737
-
8c · Net income from fundraising events
total -$80,627 · excluded -$80,627
-
11a · Other revenue: MISCELLANEOUS
total $59,462 · excluded $59,462
-
11e · Other revenue, total
$59,462
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,164 · program services $3,164
-
2 · Grants to domestic individuals
total $274,158 · program services $274,158
-
5 · Compensation of officers, directors and key employees
total $515,164 · program services $237,578 · management and general $208,602 · fundraising $68,984
-
7 · Other salaries and wages
total $3,479,725 · program services $2,985,179 · management and general $254,327 · fundraising $240,219
-
9 · Other employee benefits
total $250,670 · program services $205,462 · management and general $30,687 · fundraising $14,521
-
10 · Payroll taxes
total $283,772 · program services $226,395 · management and general $38,685 · fundraising $18,692
-
11b · Fees: legal
total $1,015 · program services $247 · management and general $768
-
11c · Fees: accounting
total $21,647 · management and general $21,647
-
11f · Fees: investment management
total $35,361 · management and general $35,361
-
11g · Fees: other
total $15,892 · program services $3,335 · management and general $9,609 · fundraising $2,948
-
12 · Advertising and promotion
total $206,808 · program services $206,808
-
13 · Office expenses
total $67,549 · program services $21,272 · management and general $41,084 · fundraising $5,193
-
14 · Information technology
total $58,011 · program services $6,527 · management and general $46,082 · fundraising $5,402
-
15 · Royalties
total $45,957 · program services $45,957
-
16 · Occupancy
total $521,921 · program services $488,990 · management and general $25,963 · fundraising $6,968
-
17 · Travel
total $132,203 · program services $128,417 · management and general $2,786 · fundraising $1,000
-
22 · Depreciation, depletion and amortization
total $253,497 · program services $240,822 · management and general $5,070 · fundraising $7,605
-
23 · Insurance
total $43,713 · program services $34,760 · management and general $8,510 · fundraising $443
-
24a · Other expenses: OTHER PRODUCTION EXPENS
total $761,988 · program services $761,988
-
24b · Other expenses: BUSINESS LICENSES AND A
total $167,415 · program services $165,702 · management and general $1,713
-
24c · Other expenses: EDUCATION EXPENSES
total $122,340 · program services $122,340
-
24d · Other expenses: FUNDRAISING COSTS
total $61,605 · fundraising $61,605
-
24e · All other expenses
total $17,844 · program services $2,886 · management and general $14,670 · fundraising $288
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $673,429 · end of year $559,612
-
2 · Savings and temporary cash investments
beginning of year $672,267 · end of year $1,892,725
-
3 · Pledges and grants receivable
beginning of year $467,318 · end of year $510,106
-
4 · Accounts receivable
beginning of year $19,978 · end of year $35,369
-
8 · Inventories for sale or use
beginning of year $46,545 · end of year $25,214
-
9 · Prepaid expenses and deferred charges
beginning of year $136,861 · end of year $154,666
-
10a · Land, buildings and equipment: cost or other basis
$4,205,084
-
10b · Land, buildings and equipment: accumulated depreciation
$1,954,131
-
10c · Land, buildings and equipment, net
beginning of year $1,843,628 · end of year $2,250,953
-
11 · Investments: publicly traded securities
beginning of year $6,920,404 · end of year $6,673,019
-
15 · Other assets
beginning of year $72,912 · end of year $1,964,602
-
17 · Accounts payable and accrued expenses
beginning of year $191,028 · end of year $205,920
-
19 · Deferred revenue
beginning of year $403,369 · end of year $451,856
-
25 · Other liabilities
beginning of year $73,101 · end of year $1,988,349
-
27 · Net assets without donor restrictions
beginning of year $7,168,499 · end of year $7,749,337
-
28 · Net assets with donor restrictions
beginning of year $3,017,345 · end of year $3,670,804
Mission and programs · 2023
Mission
THROUGH ALL OF ITS PROGRAMS, RICHMOND BALLET STRIVES TO EXPAND ACCESS TO DANCE FOR THE BENEFIT OF THE ENTIRE COMMUNITY. AT THE HEART OF THE ORGANIZATION'S MISSION, TO AWAKEN, UPLIFT, AND UNITE HUMAN SPIRITS, IS THE CONVICTION THAT THE APPETITE AND NEED FOR ARTS EXPERIENCES IS BOTH UNIVERSAL AND ETERNAL. ENGAGEMENT WITH THE ARTS CREATES SHARED EXPERIENCES THAT UNITE PEOPLE OF DIVERSE BACKGROUNDS. RICHMOND BALLET IS COMMITTED TO IDENTIFYING AND CARVING PATHWAYS THROUGH BARRIERS IN ACCESS TO THESE EXPERIENCES FOR ALL MEMBERS OF THE COMMUNITY.
Activities or mission (Part I)
RICHMOND BALLET AWAKENS, UPLIFTS, AND UNITES HUMAN SPIRITS THROUGH THE POWER OF DANCE. DEDICATED TO THE EVOLUTION OF BALLET AS A VERSATILE LANGUAGE OF MOVEMENT THAT CROSSES NATIONAL AND CULTURAL BOUNDARIES, WE SEEK TO DRAW AN EVER BROADER RANGE OF ARTISTS, STUDENTS, AND AUDIENCES TO EXPERIENCE THE MAGIC OF DANCE THROUGH INSPIRING PERFORMANCES, OUTSTANDING TRAINING, AND MEANINGFUL COMMUNITY ENGAGEMENT.
-
PROFESSIONAL COMPANY PERFORMANCES - RICHMOND BALLET IS ONE OF VIRGINIA'S FINEST ART AND DANCE EDUCATION INSTITUTIONS AND HAS GAINED NATIONAL AND INTERNATIONAL ACCLAIM AS A PREMIER DANCE ORGANIZATION. NEARLY 40,000 PEOPLE IN AND AROUND THE RICHMOND, VA AREA JOINED RICHMOND BALLET FOR THREE REPERTORY PRODUCTIONS AS WELL AS FULL LENGTH PRODUCTIONS OF "CARMINA BURANA AND "THRIVE", "THE NUTCRACKER", AND "DRACULA." RICHMOND BALLET ALSO COMPLETED TOURS AND LECTURE DEMONSTRATIONS AT VARIOUS SCHOOLS AND LOCALITIES THROUGHOUT THE COMMONWEALTH OF VIRGINIA, INCLUDING VIRGINIA BEACH, REACHING ALMOST 25,000 STUDENTS AND OVER 4,000 COMMUNITY PATRONS.
Expenses $4,211,478 · Revenue $2,737,637
-
DANCE SCHOOL - THE SCHOOL OF RICHMOND BALLET OFFERS TRAINING IN A WIDE VARIETY OF DANCE FORMS, INCLUDING BALLET, MODERN, THEATER DANCE, AND CHARACTER. WITH NO AUDITION REQUIREMENT, ADMISSION TO THE SCHOOL IS INCLUSIVE. DANCE CLASSES ARE PROVIDED TO OVER 1,000 STUDENTS, AGES 4 TO ADULT, 7 DAYS A WEEK. THE SCHOOL ALSO PROVIDES ADVANCED TRAINING FOR QUALIFIED STUDENTS WHO PERFORM WITH THE BALLET'S PROFESSIONAL DANCE COMPANY. ABOUT $275,000 GIVEN IN FINANCIAL AID AND SCHOLARSHIPS HELPED OVER 100 STUDENTS PARTICIPATE IN DANCE CLASSES THIS YEAR.
Expenses $1,482,988 · Grants $274,158 · Revenue $1,393,713
-
MINDS IN MOTION (MIM) - MIM IS RICHMOND BALLET'S PRIMARY COMMUNITY ENGAGEMENT PROGRAM, REACHING ABOUT 1,000 CHILDREN FROM A RANGE OF SOCIOECONOMIC BACKGROUNDS. THIS IN-SCHOOL PROGRAM FEATURES AN ENGAGING, MOVEMENT-BASED CURRICULUM TAUGHT BY PROFESSIONAL TEACHING ARTISTS AND MUSICIANS IN SCHOOLS THROUGHOUT VIRGINIA. MIM STRIVES TO NURTURE SELF-CONFIDENCE IN STUDENTS AND ENDEAVORS TO CULTIVATE COMMUNICATION AND TEAMWORK SKILLS. TEACHING ARTISTS FOLLOW A CURRICULUM THAT GUIDES STUDENTS TOWARD MASTERY OF COMPLEX MOVEMENT, TIMING, AND CHOREOGRAPHY. THROUGH THE EXPERIENCE OF SUCCESSFUL GROUP LEARNING, STUDENTS PERCEIVE AND MODEL THE VALUE AND BENEFITS OF TEAMWORK AND RESPECTFUL COMMUNICATION. THE PROGRAM CONCLUDES WITH AN ORIGINAL PRODUCTION PRESENTED FOR A LIVE AUDIENCE, THEMED THIS YEAR AROUND EXPLORING THE EXTRAORDINARY RESOURCES OF THE CHESAPEAKE BAY, THE RELATIONSHIPS AND ECOSYSTEMS THAT EXIST IN IT, AND HOW WE CAN HELP PROTECT AND PRESERVE IT. APPROXIMATELY 50% OF PARTICIPANTS ATTEND A TITLE I SCHOOL OR A TUITION-FREE INDEPENDENT SCHOOL PRIMARILY SERVING LOW-INCOME STUDENTS. SINCE ITS INCEPTION, MIM REMAINS THE ONLY PROGRAM OF ITS KIND IN THE COMMONWEALTH OF VIRGINIA. OVER 700 STUDENTS FROM FIFTEEN PARTICIPATING SCHOOLS IN THE RICHMOND AREA CELEBRATED THEIR DANCE ACHIEVEMENTS IN A CULMINATING PERFORMANCE WITH OVER 3,500 PEERS, FAMILIES AND COMMUNITY MEMBERS IN THE AUDIENCE. THROUGH ITS RESIDENCY PROGRAM, MIM ALSO REACHED ANOTHER 125 STUDENTS AND 400 COMMUNITY MEMBERS IN PORTSMOUTH, VIRGINIA.
Expenses $464,357 · Revenue $137,530
-
DONTATION TO RBBC.
Expenses $3,164 · Grants $3,164
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
MARGARET CLINARD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
SELINA RAINEY
VICE PRES. & PRES ELECT
- Total calculated
- $0
- Hours/week
- 2
-
TIFFANY B ARMSTRONG
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
GAYE MONTGOMERY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
STONER WINSLETT
ARTISTIC DIRECTOR
- Total calculated
- $151,570
- From this org
- $146,035
- From related orgs
- $0
- Other
- $5,535
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,035
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $5,535
- Filer's total
- $151,570
-
BRETT BONDA
FORMER MANAGING DIRECTOR
- Total calculated
- $123,250
- From this org
- $112,885
- From related orgs
- $0
- Other
- $10,365
- Hours/week
- 40
-
KATHLEEN MACCIO HOLMAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
HUNTER APPLEWHITE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DAVID BERAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DANIEL BRYANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KATHERINE DUVAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MAGGIE GEORGIADIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
RYAN GLASGOW
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
PHILIP GOODPASTURE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KATHRYN GRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KEVIN GREMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTIAN KENNEDY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
J ROBERT MOONEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KWADWO OWUSU-AKYAW MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
CAROLYN PORT MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DAPHNE MAXWELL REID
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MRS RICHARD S REYNOLDS III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
LIBBY ROBERTSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
LIZ TOMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KRISTIN VOSMIK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BARBARA WRIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MICHELLE MULLER
CHIEF FINANCIAL OFFICER
- Total calculated
- $89,305
- From this org
- $84,658
- From related orgs
- $0
- Other
- $4,647
- Hours/week
- 40
-
MAYA ERHARDT
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
MA CONG
ASSOC. ARTISTIC DIRECTOR
- Total calculated
- $121,176
- From this org
- $116,053
- From related orgs
- $0
- Other
- $5,123
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- BRETT BONDA, MANAGING DIRECTOR THROUGH APRIL 2024, RECEIVED $59,789 IN SEVERANCE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
RICHMOND BALLET BUILDING CORPORATION
501(C)2 · HOLDS PROPERTY · VA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442969349300409
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.