Virginia · Nonprofit
Brave Spirits Theatre
Brave Spirits Theatre (Virginia) receives grants from 3 organizations whose IRS filings report $38,260 to it, the largest being NORA ROBERTS FOUNDATION ($21,000). 2 of them have funded it in more than one year.
- Revenue FY2021
- $33k
- Funders on record
- 3
- Grants received
- $38k
- Net assets
- $27k
What Brave Spirits Theatre does
Mission
Brave Spirits Theatre is dedicated to plays from the era of verse and violence which contrast the baseness of humanity with the elegance of poetry. By staging dark, visceral, intimate productions of Shakespeare and his contemporaries, we strive to tear down the perception of these plays as proper and intellectual and instead use them to explore the boundaries of acceptable human behavior.
As stated on its FY2021 Form 990-EZ.
Program
In 2020, our accomplishments included:- Started rehearsals for a repertory of four Shakespeare plays: Henry the Sixth, Part 1; Henry the Sixth, Part 2; Henry the Sixth, Part 3; and Richard the Third. This project was cancelled due to COVID;- Also presented a live streamed zoom reading series of 8 plays on YouTube.
The first program described on its most recent Form 990-EZ.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $8k to $32k (+287%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
Who funds it, year by year
2020 → 2022: the base narrowed from 3 funders to 1 funder, grant income fell $32k → $8.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% 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 Brave Spirits Theatre’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
Brave Spirits Theatre leans on a few funders — its largest provides 55% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Brave Spirits Theatre.
Largest funder’s share by year: 2020 53% · 2021 99% · 2022 100% — growing more concentrated.
“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
Brave Spirits Theatre draws 100% of its grant income from funders outside Virginia, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $17k arriving through sponsors registered in 1 state 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.
Organizations like Brave Spirits Theatre
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
Read directly from this organization’s own Form 990, as neutral context.
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Brave Spirits Theatre: 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.
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 Brave Spirits Theatre?
- Brave Spirits Theatre (Virginia) receives grants from 3 organizations whose IRS filings report $38,260 to it, the largest being NORA ROBERTS FOUNDATION ($21,000). 2 of them have funded it in more than one year.
- How many funders does Brave Spirits Theatre have?
- IRS filings report 3 organizations giving $38,260 in grants to Brave Spirits Theatre, 2 of which have funded it in more than one year.
- Who is the largest funder of Brave Spirits Theatre?
- NORA ROBERTS FOUNDATION is the largest funder on record, with $21,000 in grants. The full list of funders is on this page.
- How can an organization like Brave Spirits Theatre 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 Brave Spirits Theatre →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2018–2021), and the filings of 3 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