Skip to content
Nonprofiteer
← BARTER FOUNDATION INCORPORATED STATE THEATRE OF VIRGINIA

Form 990 for tax year 2025

Filed by BARTER FOUNDATION INCORPORATED STATE THEATRE OF VIRGINIA.

Totals

Total revenue
$9,152,907
Total expenses
$8,052,593
Contributions and grants received
$3,938,280
Grants paid
$0
Program service revenue
$4,847,810
Investment income
$144,378
Other revenue
$222,439
Total assets, end of year
$13,417,864
Total liabilities, end of year
$2,292,665
Net assets or fund balances, end of year
$11,125,199
Program services expenses (Part IX)
$6,509,116
Management and general expenses
$1,182,521
Fundraising expenses
$360,956
Program service expenses (Part III)
$6,509,116

Program services were 80.8% 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.

  • 1e · Government grants (contributions)

    $551,620

  • 1f · All other contributions, gifts and grants

    $3,386,660

  • 1g · Noncash contributions included above

    $80,968

  • 2a · Program service revenue: BOX OFFICE ADMISSIONS

    total $4,417,730 · related or exempt $4,417,730

  • 2b · Program service revenue: HANDLING AND PRESERVAT

    total $430,080 · related or exempt $430,080

  • 3 · Investment income

    total $142,878 · excluded $142,878

  • 7a · Gross sales of assets other than inventory

    other assets $1,500

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $1,500

  • 7d · Net gain or loss

    total $1,500 · excluded $1,500

  • 10a · Gross sales of inventory

    $282,965

  • 10b · Cost of goods sold

    $128,023

  • 10c · Net income from sales of inventory

    total $154,942 · related or exempt $154,942

  • 11a · Other revenue: OTHER REVENUE

    total $67,497 · related or exempt $67,497

  • 11e · Other revenue, total

    $67,497

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $156,304 · program services $129,732 · management and general $18,757 · fundraising $7,815

  • 7 · Other salaries and wages

    total $4,195,195 · program services $3,460,046 · management and general $507,643 · fundraising $227,506

  • 9 · Other employee benefits

    total $466,044 · program services $424,447 · management and general $22,205 · fundraising $19,392

  • 10 · Payroll taxes

    total $337,774 · program services $279,577 · management and general $41,589 · fundraising $16,608

  • 11f · Fees: investment management

    total $8,642 · management and general $8,642

  • 11g · Fees: other

    total $78,058 · management and general $78,058

  • 12 · Advertising and promotion

    total $322,824 · program services $305,495 · fundraising $17,329

  • 15 · Royalties

    total $448,736 · program services $448,736

  • 16 · Occupancy

    total $203,334 · program services $203,334

  • 17 · Travel

    total $50,532 · program services $44,118 · management and general $1,395 · fundraising $5,019

  • 19 · Conferences, conventions and meetings

    total $9,711 · program services $3,588 · management and general $6,034 · fundraising $89

  • 20 · Interest

    total $56 · management and general $56

  • 22 · Depreciation, depletion and amortization

    total $388,626 · management and general $388,626

  • 23 · Insurance

    total $143,170 · program services $93,051 · management and general $50,119

  • 24a · Other expenses: PRODUCTION

    total $303,639 · program services $303,639

  • 24b · Other expenses: EQUIPMENT AND COMPUTER

    total $188,998 · program services $149,859 · management and general $23,056 · fundraising $16,083

  • 24c · Other expenses: ARTIST FEES

    total $144,889 · program services $144,889

  • 24d · Other expenses: BANK CHARGES

    total $141,640 · program services $127,486 · management and general $2,603 · fundraising $11,551

  • 24e · All other expenses

    total $464,421 · program services $391,119 · management and general $33,738 · fundraising $39,564

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,229,395 · end of year $2,714,681

  • 2 · Savings and temporary cash investments

    beginning of year $2,118,672 · end of year $2,990,004

  • 3 · Pledges and grants receivable

    beginning of year $124,950 · end of year $754,481

  • 4 · Accounts receivable

    beginning of year $20,367 · end of year $28,117

  • 8 · Inventories for sale or use

    beginning of year $77,766 · end of year $88,758

  • 9 · Prepaid expenses and deferred charges

    beginning of year $113,171 · end of year $80,405

  • 10a · Land, buildings and equipment: cost or other basis

    $14,413,642

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,652,224

  • 10c · Land, buildings and equipment, net

    beginning of year $6,963,001 · end of year $6,761,418

  • 11 · Investments: publicly traded securities

    beginning of year $703,761

  • 14 · Intangible assets

    beginning of year $19,350

  • 17 · Accounts payable and accrued expenses

    beginning of year $201,468 · end of year $198,377

  • 19 · Deferred revenue

    beginning of year $1,101,403 · end of year $1,162,621

  • 22 · Loans and payables to officers and key people

    beginning of year $1,077,217 · end of year $917,217

  • 25 · Other liabilities

    beginning of year $20,217 · end of year $14,450

  • 27 · Net assets without donor restrictions

    beginning of year $8,834,444 · end of year $9,054,507

  • 28 · Net assets with donor restrictions

    beginning of year $1,135,684 · end of year $2,070,692

Mission and programs · 2025

Mission

UTILIZE A RESIDENT COMPANY OF ARTISTS TO PRODUCE AND CREATE LIVE THEATRE FOR THE PUBLIC GOOD; USE THE THEATRE AS A VEHICLE FOR EDUCATION FOR ALL AGES; AND TO SERVE SOUTHWEST VIRGINIA AS A TOURIST ATTRACTION.

Activities or mission (Part I)

TO PRODUCE AND CREATE LIVE THEATRE FOR THE PURPOSE OF THE PUBLIC GOOD, TO EDUCATE AND PROMOTE PUBLIC INTEREST IN THE THEATRICAL ARTS FOR ALL AGES, AND TO ATTRACT TOURISTS TO SOUTHWEST VIRGINIA.

  • IN 2025, BARTER THEATRE PRODUCED 13 IN-PERSON PROFESSIONAL SHOWS FOR ADULTS AND FAMILIES AND 5 SHOWS FOR YOUNG AUDIENCES AT BARTER THEATRE FOR A TOTAL OF 532 PERFORMANCES, TOURED 2 SHOWS FOR YOUNG AUDIENCES ACROSS 9 STATES, PRESENTED 7 FREE STAGED READINGS, AND PRODUCED A YOUNG PLAYWRIGHTS FESTIVAL, COLLEGE PLAYWRITING FESTIVAL, AND BLACK STORIES BLACK VOICES MONOLOGUE FESTIVAL FOR A TOTAL AUDIENCE OF 155,734.00

    Expenses $6,509,116 · Revenue $5,070,249

As filed on the 2025 return.

Listed in Part VII

  • Betsy Boyd

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Evelyn Cook

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Bob Gilmer

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • James P Jones

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Kay Bunn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Chris Walters

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Marvin Gilliam

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Pam Kramer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ramesh Murthy

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • John Rainero

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Henry Joy

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Nancy Arnold

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Eschle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dan Glei

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tina McDaniel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Pennington

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Nancy Defriece

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Judy Slaughter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joe Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ron Carson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lois Clarke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kyle Macione

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Debbie Quillen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Debbie Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michele Yaroma

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Stewart

    ASST TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Alice Freeman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Betty Jesse

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Edwina Ripley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Stewart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Barbara Street

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Virginia Brown

    PRODUCING DIRECTOR

    Total calculated
    $156,304
    From this org
    $146,565
    From related orgs
    $0
    Other
    $9,739
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,565
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,739
    Filer's total
    $156,304

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

Answered no

  • 4a · Severance or change-of-control payment
  • 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 3
COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS.

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.

Provenance

Return type
form_990
Tax year
2025
Filed
24 June 2026
IRS schema version
2025v4.2
Source object
202631829349300608

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.