Virginia · Nonprofit
VIRGINIA REPERTORY THEATRE
VIRGINIA REPERTORY THEATRE (Virginia) receives grants from 65 organizations whose IRS filings report $6,469,431 to it, the largest being E Rhodes and Leona B Carpenter Foundation ($1,645,700). 41 of them have funded it in more than one year.
- Revenue FY2025
- $5.8M
- Funders on record
- 65
- Grants received
- $6.5M
- Net assets
- $5.2M
What Virginia Repertory Theatre does
Mission
Virginia Repertory Theatre is a nonprofit professional theater based in richmond, virginia. Virginia rep's mission is to entertain, challenge, and uplift our communities through the power of live theatre.
As stated on its FY2025 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
The organization ceased conducting the virginia rep on tour program.
Its own explanation, from Schedule O of that return (Part III, line 3).
Main stage: Virginia Repertory Theatre offers a season across three venues for adults and families. The historic november theater at 114 w broad st, offers national-caliber productions of the great dramas, comedies, and musicals past, present, and future plus child and family "jessie bogese season" offerings.the historic hanover tavern offers professional productions on a more intimate scale, often including classics and historical offerings as well as light comedies and mysteries.the historic complex downtown at 114 w broad includes both the november theater and theatre gym, an intimate space where va rep and other local small theatres can experiment with less commercial offerings.the november theatre is the oldest major theatre in virginia, a nationally registered key property in the old and historic broad street district, on the edge of historic jackson ward.
$4,271,448 spent$1,577,862 earned by the program94% of program spendingCommunity outreach/education: during each school year, virginia repertory produces and presents live theater performances for youth, teens, and families at the november theater in richmond, and brings educational offerings to schools, libraries, and community centers throughout central virginia.these range from early childhood reading programs to curriculum assistance to large scale professional programs. Programs are provided on a sliding scale to ensure access for underserved communities with a particular focus on title I schools.
$146,396 spent$368,076 earned by the program3% of program spendingVirginia rep on tour: during each school year, Virginia Repertory Theatre's national program "virginia rep on tour" produces and presents twelve to fifteen touring instructional programs using the art form of theatre to support students' existing studies across wide varieties of curriculums in grades k-12.touring was stopped prior to the beginning of fy25. Expenditures reported are related to winding down outstanding contracts.
$121,145 spent3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,538,989.
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 2022 to 2023, from $6.8M to $10M (+50%).
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: 2017 2% · 2018 2% · 2019 2% · 2020 2% · 2021 44% · 2022 54% · 2023 2% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
65% of VIRGINIA REPERTORY THEATRE’s revenue is contributions — more donation-reliant than 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.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 26 funders, grant income rose $109k → $1.8M.
9 of 65 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% 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: $2.2M from 4 payers (the payer shares this organization's board, largest The Community Foundation Inc). These are real filings, and they are not money VIRGINIA REPERTORY THEATRE raised.
From the IRS filings of VIRGINIA REPERTORY THEATRE’s funders (the co-funder graph). Top 30 of 65 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
VIRGINIA REPERTORY THEATRE has a broad base — no single funder exceeds 25% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
Largest funder’s share by year: 2017 29% · 2018 19% · 2019 51% · 2020 13% · 2021 39% · 2022 26% · 2023 42% — 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
53% of VIRGINIA REPERTORY THEATRE's funders are still giving 3 years after their first grant; 63% 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 VIRGINIA REPERTORY THEATRE's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $625k arriving through sponsors registered in 9 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
VIRGINIA REPERTORY THEATRE runs a healthier operating margin than half of the 3,430 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025
Organizations like VIRGINIA REPERTORY 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.
Where the money goes
82% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for VIRGINIA REPERTORY 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 VIRGINIA REPERTORY THEATRE?
- VIRGINIA REPERTORY THEATRE (Virginia) receives grants from 65 organizations whose IRS filings report $6,469,431 to it, the largest being E Rhodes and Leona B Carpenter Foundation ($1,645,700). 41 of them have funded it in more than one year.
- How many funders does VIRGINIA REPERTORY THEATRE have?
- IRS filings report 65 organizations giving $6,469,431 in grants to VIRGINIA REPERTORY THEATRE, 41 of which have funded it in more than one year.
- Who is the largest funder of VIRGINIA REPERTORY THEATRE?
- E Rhodes and Leona B Carpenter Foundation is the largest funder on record, with $1,645,700 in grants. The full list of funders is on this page.
- How can an organization like VIRGINIA REPERTORY 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 Virginia Repertory Theatre →
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 65 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