Richmond Ballet Inc

Organization Overview

Richmond Ballet Inc, operating under the name Richmond Ballet, is located in Richmond, VA. The organization was established in 1960. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Richmond Ballet employed 152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond Ballet 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 06/2021, Richmond Ballet generated $6.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) 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

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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. APPROXIMATELY 30,000 PEOPLE IN AND AROUND THE RICHMOND, VA AREA JOINED RICHMOND BALLET FOR FOUR REPERTORY PRODUCTIONS AS WELL AS FULL LENGTH PRODUCTIONS OF "THE NUTCRACKER AND "ROMEO AND JULIET." RICHMOND BALLET ALSO COMPLETED TOURS AND VIRTUAL LECTURE DEMONSTRATIONS AT VARIOUS SCHOOLS AND LOCALITIES THROUGHOUT THE COMMONWEALTH OF VIRGINIA, INCLUDING VIRGINIA BEACH, REACHING OVER 30,000 STUDENTS AND 1,000 COMMUNITY PATRONS.


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 ALMOST 900 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. OVER $235,000 GIVEN IN FINANCIAL AID AND SCHOLARSHIPS HELPED NEARLY 100 STUDENTS PARTICIPATE IN DANCE CLASSES THIS YEAR, WITH APPROXIMATELY $50,000 OF THIS FUNDING ASSISTING BIPOC DANCERS.


MINDS IN MOTION (MIM) - MIM IS RICHMOND BALLET'S PRIMARY COMMUNITY ENGAGEMENT PROGRAM, TYPICALLY REACHING NEARLY 2,000 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 AND ISRAEL. 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 RESILIENCE AND COMMUNITY BUILDING. APPROXIMATELY 50% OF PARTICIPANTS ATTEND A TITLE I SCHOOL. SINCE ITS INCEPTION, MIM REMAINS THE ONLY PROGRAM OF ITS KIND IN THE COMMONWEALTH OF VIRGINIA. IN ALL, TWENTY-TWO CULMINATING PERFORMANCES TOOK PLACE AT THE FOURTEEN PARTICIPATING SCHOOLS IN THE RICHMOND AREA, AND NEARLY 4,000 PEERS, FAMILIES, AND COMMUNITY MEMBERS CELEBRATED THE STUDENTS' DANCE ACHIEVEMENTS. THROUGH ITS RESIDENCY PROGRAM, MIM ALSO REACHED ANOTHER 450 STUDENTS AND COMMUNITY MEMBERS IN ISRAEL AND OTHER PARTS OF VIRGINIA.


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Board, Officers & Key Employees

Name (title)Compensation
Stoner Winslett
Artistic Director
$139,473
Brett Bonda
Managing Director
$108,014
Michelle Muller
Chief Financial Officer
$80,855
Kathleen Maccio Holman
Chairman
$0
David R Beran
Past President
$0
Margaret H Clinard
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Richmond Symphony
Live Orchestra
$170,104
Cobalt Studios Inc
Set Construction For New Production
$288,324
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,258,475
Investment income $67,333
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,251
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,961,250

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Richmond Ballet Inc has recieved totaling $78,000.

Awarding OrganizationAmount
Whitfield Foundation

Midlothian, VA

PURPOSE: GENERAL SUPPORT

$50,000
Fatherree Foundation

Henrico, VA

PURPOSE: UNRESTRICTED

$20,000
Norvell Family Foundation Inc

Tulsa, OK

PURPOSE: SUPPORT

$5,000
Mountain Laurel Foundation

Wilmington, DE

PURPOSE: GENERAL PURPOSES

$2,000
Mraz Charitable Tr

Richmond, VA

PURPOSE: PERFORMING ARTS SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,916,842
Earnings-$419,660
Net Contributions$784,000
Ending Balance$3,281,182

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