Southwest Virginia Ballet Company

Organization Overview

Southwest Virginia Ballet Company is located in Roanoke, VA. The organization was established in 1993. 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, Southwest Virginia Ballet Company employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Virginia Ballet Company 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 06/2022, Southwest Virginia Ballet Company generated $281.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $261.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO MAKE THE PERFORMING ARTS EXPERIENCE AVAILABLE TO ALL AGES FROM ALL WALKS OF LIFE THROUGH FULL-LENGTH PRODUCTIONS INCLUDING CLASSICAL BALLET, CONTEMPORARY AND NEW WORKS. TO PROMOTE DANCE EDUCATION FOR YOUNG DANCERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PERFORMANCE -- PROVIDE FULL LENGTH PRODUCTIONS INCLUDING CLASSICAL BALLET, CONTEMPORARY AND MODERN WORKS. TWO MAJOR PLAYS WERE PERFORMED, THE LARGEST BEING THE NUTCRACKER. THE NUTCRACKER PERFORMANCE HAD OVER 3,600 PEOPLE IN ATTENDENCE.


EDUCATION -- NURTURE AND EDUCATE YOUNG SERIOUS DANCERS IN OUR REGION WHO MAY DESIRE A PROFESSIONAL CAREER IN DANCE OR A RELATED FIELD. APPROXIMATELY 225 STUDENTS TOTAL TOOK PART IN THE DANCE ESPANOL BALLET EDUCATION PROGRAM AND 12 IN THE MIDDLE SCHOOL BALLET EDUCATION PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Pedro Szalay
Art Director
$58,036
Carol Jessee
Exc Director
$31,978
Lenore Willis
Secretary
$0
Spencer Wiegard
President
$0
Beth Kelley
Vice Preside
$0
Megan Potter
Interim Exc
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,553
Related organizations$0
Government grants $29,952
All other contributions, gifts, grants, and similar amounts not included above$55,567
Noncash contributions included in lines 1a–1f $3,213
Total Revenue from Contributions, Gifts, Grants & Similar$87,072
Total Program Service Revenue$184,975
Investment income $822
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $8,708
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $281,577

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Southwest Virginia Ballet Company has recieved totaling $21,030.

Awarding OrganizationAmount
Ceres Foundation Inc

Charleston, SC

PURPOSE: OUTDOOR

$20,000
The@huntly Foundation

Richmond, VA

PURPOSE: PROVIDE FUNDS

$500
Ge Foundation

Norwalk, CT

PURPOSE: MATCHING GIFTS

$280
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$161,713
Earnings$793
Ending Balance$162,506

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