Virginia Ballet Company And School
EIN: 540800855 · Fairfax, VA · NTEE: A63Z
| Metric | Value |
|---|---|
| Total Revenue | $895K |
| Total Expenses | $552K |
| Net Assets | $367K |
Is Virginia Ballet Company And School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Ballet Company And School
Virginia Ballet Company And School (EIN: 540800855) is a nonprofit organization based in Fairfax, VA, classified under NTEE code A63Z. The organization reported total revenue of $895K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Ballet Company And School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Ballet Company And School is a small nonprofit that has been operating for 60 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $650K |
| Total Expenses | $552K |
| Surplus / Deficit | +$99K |
| Total Assets | $447K |
| Total Liabilities | $80K |
| Net Assets | $367K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Virginia Ballet Company And School reported a surplus of $99K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Virginia Ballet Company And School's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +13.7% | +35.3% |
| 2022 | +52.0% | +21.1% | +125.9% |
| 2021 | -3.7% | -5.4% | +27.1% |
| 2020 | -7.4% | -10.4% | +27.3% |
| 2019 | +4.9% | +1.8% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Ballet Company And School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virginia Ballet Company And School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.9%.
Frequently Asked Questions about Virginia Ballet Company And School
Is Virginia Ballet Company And School a legitimate charity?
Virginia Ballet Company And School (EIN: 540800855) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $895K. No red flags identified. Financial health grade: A.
How does Virginia Ballet Company And School spend its money?
Virginia Ballet Company And School reported $895K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Virginia Ballet Company And School tax-deductible?
Virginia Ballet Company And School is registered as a tax-exempt nonprofit (EIN: 540800855). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Ballet Company And School located?
Virginia Ballet Company And School is headquartered in Fairfax, Virginia and files with the IRS under EIN 540800855. It is classified under NTEE code A63Z.
How many years of IRS 990 filings does Virginia Ballet Company And School have?
Virginia Ballet Company And School has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $895K in total revenue.
Filing History
IRS 990 filing history for Virginia Ballet Company And School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Virginia Ballet Company And School's revenue has grown by 85.3%, moving from $351K to $650K. Total assets increased by 361.5% over the same period, from $97K to $447K. Total functional expenses rose by 49.6%, from $369K to $552K. In its most recent filing year (2023), Virginia Ballet Company And School reported a surplus of $99K, with revenue exceeding expenses. The organization holds $80K in liabilities against $447K in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $367K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $650K | $552K | $447K | $80K | — | View 990 |
| 2022 | $658K | $485K | $331K | $62K | — | View 990 |
| 2021 | $433K | $401K | $146K | $51K | — | View 990 |
| 2020 | $450K | $423K | $115K | $53K | — | — |
| 2019 | $485K | $473K | $90K | $54K | — | View 990 |
| 2018 | $463K | $465K | $82K | $58K | — | View 990 |
| 2017 | $427K | $426K | $72K | $47K | — | View 990 |
| 2016 | $456K | $458K | $86K | $62K | — | View 990 |
| 2015 | $490K | $492K | $103K | $77K | — | View 990 |
| 2014 | $471K | $475K | $53K | $25K | — | View 990 |
| 2013 | $462K | $440K | $79K | $47K | — | View 990 |
| 2012 | $486K | $434K | $77K | $67K | — | View 990 |
| 2011 | $353K | $424K | $138K | $181K | — | View 990 |
| 2010 | $351K | $369K | $97K | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $650K, expenses of $552K, and assets of $447K (revenue -1.3% year-over-year).
- 2022: Revenue of $658K, expenses of $485K, and assets of $331K (revenue +52.0% year-over-year).
- 2021: Revenue of $433K, expenses of $401K, and assets of $146K (revenue -3.7% year-over-year).
- 2020: Revenue of $450K, expenses of $423K, and assets of $115K (revenue -7.4% year-over-year).
- 2019: Revenue of $485K, expenses of $473K, and assets of $90K (revenue +4.9% year-over-year).
- 2018: Revenue of $463K, expenses of $465K, and assets of $82K (revenue +8.3% year-over-year).
- 2017: Revenue of $427K, expenses of $426K, and assets of $72K (revenue -6.2% year-over-year).
- 2016: Revenue of $456K, expenses of $458K, and assets of $86K (revenue -7.0% year-over-year).
- 2015: Revenue of $490K, expenses of $492K, and assets of $103K (revenue +4.1% year-over-year).
- 2014: Revenue of $471K, expenses of $475K, and assets of $53K (revenue +1.9% year-over-year).
- 2013: Revenue of $462K, expenses of $440K, and assets of $79K (revenue -5.0% year-over-year).
- 2012: Revenue of $486K, expenses of $434K, and assets of $77K (revenue +37.8% year-over-year).
- 2011: Revenue of $353K, expenses of $424K, and assets of $138K (revenue +0.6% year-over-year).
- 2010: Revenue of $351K, expenses of $369K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Ballet Company And School:
Data Sources and Methodology
This transparency report for Virginia Ballet Company And School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.