Barter Foundation Incorporated State Theatre Of Virginia

Organization Overview

Barter Foundation Incorporated State Theatre Of Virginia is located in Abingdon, VA. The organization was established in 1962. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Barter Foundation Incorporated State Theatre Of Virginia employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barter Foundation Incorporated State Theatre Of Virginia is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Barter Foundation Incorporated State Theatre Of Virginia generated $6.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, BARTER THEATRE PRODUCED 10 IN-PERSON PROFESSIONAL SHOWS AT THE MOONLITE DRIVE-IN (ABINGDON), 2 PROFESSIONAL SHOWS AT BARTER THEATRE, OFFERED 11 VIRTUAL SHOWS, 6 ONLINE FREE STAGED READINGS (INCLUDING THE INAUGURAL THE BLACK IN APPALACHIA INITIATIVE NEW PLAY READING), AND AN ONLINE VERSION OF THE YOUNG PLAYWRIGHTS FESTIVAL, FOR A TOTAL AUDIENCE OF 53,854 PATRONS. BARTER'S EDUCATIONAL WORKSHOPS WERE HELD OUTDOORS IN THE SUMMER FOR A TOTAL OF 68 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Virginia Brown
Producing Director
$121,904
Jennifer Stewart
Treasurer
$0
Emily O'quinn
President
$0
Crystal Breeding
Secretary
$0
Henry Joy
Assistant Secretary
$0
John Vann
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,659,899
All other contributions, gifts, grants, and similar amounts not included above$2,220,327
Noncash contributions included in lines 1a–1f $14,207
Total Revenue from Contributions, Gifts, Grants & Similar$4,880,226
Total Program Service Revenue$884,881
Investment income $30,083
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $100,765
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,009
Miscellaneous Revenue$0
Total Revenue $6,208,012

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Barter Foundation Incorporated State Theatre Of Virginia has recieved totaling $173,760.

Awarding OrganizationAmount
Arts Midwest

Minneapolis, MN

PURPOSE: Shakepeare in American Communities: Schools

$50,000
Eastman Credit Union

Kingsport, TN

PURPOSE: ANNUAL SPONSORSHIP

$30,000
Food City Charitable Foundation Inc

Abingdon, VA

PURPOSE: SUPPORT THE MISSION OF THE CHARITY

$20,000
Food City Charitable Foundation Inc

Abingdon, VA

PURPOSE: SUPPORT THE MISSION OF THE CHARITY

$20,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$18,000
Samaritan Hospital Foundation

Ashland, OH

PURPOSE: REFER TO PART IV

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$509,891
Earnings$11,358
Net Contributions$36,116
Ending Balance$557,365

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