Virginia · Nonprofit
THE RICHMOND BALLET
THE RICHMOND BALLET (Virginia) receives grants from 96 organizations whose IRS filings report $10,524,256 to it, the largest being E Rhodes and Leona B Carpenter Foundation ($1,519,228). 79 of them have funded it in more than one year.
- Revenue FY2025
- $7.7M
- Funders on record
- 96
- Grants received
- $11M
- Net assets
- $12M
What The Richmond Ballet does
Mission
Through all of its programs, richmond ballet strives to expand access to dance for the benefit of the entire community. At the heart of the organization's mission, to awaken, uplift, and unite human spirits, is the conviction that the appetite and need for arts experiences is both universal and eternal. Engagement with the arts creates shared experiences that unite people of diverse backgrounds. Richmond ballet is committed to identifyingand carving pathways throughbarriers in access to these experiences for all members of the community.
As stated on its FY2025 Form 990.
Programs
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. Nearly 40,000 people in and around the richmond, va area joined richmond ballet for three repertory productions as well as full length productions of "carmina burana and "thrive", "the nutcracker", and "dracula." richmond ballet also completed tours and lecture demonstrations at various schools and localities throughout the commonwealth of virginia, including virginia beach, reaching almost 25,000 students and over 4,000 community patrons.
$4,211,478 spent$2,737,637 earned by the program68% of program spendingDance 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 over 1,000 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. About $275,000 given in financial aid and scholarships helped over 100 students participate in dance classes this year.
$1,482,988 spentof which $274,158 as grants$1,393,713 earned by the program24% of program spendingMinds in motion (mim) - mim is richmond ballet's primary community engagement program, reaching about 1,000 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. 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 exploring the extraordinary resources of the chesapeake bay, the relationships and ecosystems that exist in it, and how we can help protect and preserve it. Approximately 50% of participants attend a title I school or a tuition-free independent school primarily serving low-income students. Since its inception, mim remains the only program of its kind in the commonwealth of virginia. Over 700…
$464,357 spent$137,530 earned by the program8% of program spendingDontation to rbbc.
$3,164 spentof which $3,164 as grants0% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $6,161,987.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
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 $11M to $14M (+30%).
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.
Government-grant reliance: 2021 32% · 2022 29% · 2023 2% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
40% of THE RICHMOND BALLET’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
Chief executive
Maya Erhardt
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 33 funders to 51 funders, grant income rose $431k → $1.5M.
14 of 96 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $120k from one payer (the payer shares this organization's board, largest Richmond Ballet Building Corporation). These are real filings, and they are not money THE RICHMOND BALLET raised.
From the IRS filings of THE RICHMOND BALLET’s funders (the co-funder graph). Top 30 of 96 funders by total. 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
THE RICHMOND BALLET has a broad base — no single funder exceeds 14% of grant income, and it takes 7 funders to reach half.
the vertical line marks half of all grant income — 7 funders to its left
35% 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 THE RICHMOND BALLET.
Largest funder’s share by year: 2017 17% · 2018 35% · 2019 28% · 2020 24% · 2021 17% · 2022 10% · 2023 24% — 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.
How long its funders stay
62% of THE RICHMOND BALLET's funders are still giving 3 years after their first grant; 82% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
54% of THE RICHMOND BALLET's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 10 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.
Against its field
THE RICHMOND BALLET's funding base is broadening — from 33 funders to 51 as grant income climbed.
this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025
Government funding THE RICHMOND BALLET receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50k on record.
- National Endowment for the Arts$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE RICHMOND BALLET
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.
Where the money goes
84% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Richmond Ballet Building Corporation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE RICHMOND BALLET: 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 THE RICHMOND BALLET?
- THE RICHMOND BALLET (Virginia) receives grants from 96 organizations whose IRS filings report $10,524,256 to it, the largest being E Rhodes and Leona B Carpenter Foundation ($1,519,228). 79 of them have funded it in more than one year.
- How many funders does THE RICHMOND BALLET have?
- IRS filings report 96 organizations giving $10,524,256 in grants to THE RICHMOND BALLET, 79 of which have funded it in more than one year.
- Who is the largest funder of THE RICHMOND BALLET?
- E Rhodes and Leona B Carpenter Foundation is the largest funder on record, with $1,519,228 in grants. The full list of funders is on this page.
- How can an organization like THE RICHMOND BALLET 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 96 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 22, 2026. What this page cannot tell you · view filing