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Virginia · Nonprofit

BALLET VIRGINIA

BALLET VIRGINIA (Virginia) receives grants from 5 organizations whose IRS filings report $37,671 to it, the largest being UD LAKEFIELD FAMILY FOUNDATION ($25,000). 3 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
5
Grants received
$38k
Net assets
$295k
3/5 repeat funderspeak grant-dependency 1%
01What it does

What Ballet Virginia does

Mission

Ballet Virginia (bv) is a regional ballet company with an associated academy. Bv provide quality professional productions/performances and training for classical dancers in the hampton roads community.

As stated on its FY2025 Form 990.

Program

  1. Ballet Virginia offers hampton roads premier classical ballet training for students from ages toddler to adult. A wide variety of daily classes are offered in the fall and spring semesters. During the summer,daily classes offered as well as intensive week long programs of study. Dancers from our program have graduated into professional ballet careers and/or continued their love of the arts into college and their professional lives. Our students were offered over $25,000 of scholarships to attend prestigious ballet summer training programs offered around the world.

    $820,908 spent$1,091,006 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $820,908.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($784k) Expenses 100 ($711k) Net assets 100 ($276k)2021 Revenue 105 ($821k) Expenses 115 ($815k) Net assets 36 ($99k)2022 Revenue 152 ($1.2M) Expenses 142 ($1.0M) Net assets 99 ($273k)2023 Revenue 162 ($1.3M) Expenses 180 ($1.3M) Net assets 93 ($258k)2024 Revenue 154 ($1.2M) Expenses 176 ($1.3M) Net assets 76 ($209k)2025 Revenue 163 ($1.3M) Expenses 168 ($1.2M) Net assets 107 ($295k)
201820212022202320242025
Revenue (163)Expenses (168)Net assets (107)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $258k to $691k (+168%).

$325k
$206k
$278k
$258k
$691k
$553k
201820212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 1% · 2021 5% · 2022 2% · 2023 11% · 2024 6% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.

13% of BALLET VIRGINIA’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$72k
’18
$6k
’21
$175k
’22
−$16k
’23
−$48k
’24
$86k
’25
2.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201820212022202320242025
Listed121212151312
Joined··+0+10+1+3
No longer listed··0734
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 3 funders, grant income fell $7k → $6k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BALLET VIRGINIA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BALLET VIRGINIA leans on a few funders — its largest provides 66% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

66%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2020 85% · 2021 94% · 2022 80% · 2023 81% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

BALLET VIRGINIA draws 97% of its grant income from funders outside Virginia, across 3 states in all.

NY
NV
VA

In-state vs out-of-state, by year

’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BALLET VIRGINIA runs a healthier operating margin than half of the 3,230 arts & culture nonprofits its size.

Operating margin7% · above the median
Months of reserve2.4mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like BALLET VIRGINIA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 29%Fundraising 3%

Governance

13
board members
85%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for BALLET VIRGINIA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BALLET VIRGINIA?
BALLET VIRGINIA (Virginia) receives grants from 5 organizations whose IRS filings report $37,671 to it, the largest being UD LAKEFIELD FAMILY FOUNDATION ($25,000). 3 of them have funded it in more than one year.
How many funders does BALLET VIRGINIA have?
IRS filings report 5 organizations giving $37,671 in grants to BALLET VIRGINIA, 3 of which have funded it in more than one year.
Who is the largest funder of BALLET VIRGINIA?
UD LAKEFIELD FAMILY FOUNDATION is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like BALLET VIRGINIA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ballet Virginia →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing