2025-11-17T08:26:00-06:00 2025-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2024-07-01 546049848 THE RICHMOND BALLET RICH 8043440906 407 E CANAL STREET RICHMOND VA 23219 KATHLEEN HOLMAN EXECUTIVE DIRECTOR 8043440906 2025-11-14 1 0 OLIVIA A HUTTON CPA P00964688 5406623417 2025-11-14 2024 2025-03-06 01:10:19Z RICHMOND BALLET KATHLEEN HOLMAN 407 E CANAL ST RICHMOND VA 23219 8752334 0 X WWW.RICHMONDBALLET.COM X 1968 VA RICHMOND BALLET AWAKENS, UPLIFTS, AND UNITES HUMAN SPIRITS THROUGH THE POWER OF DANCE. DEDICATED TO THE EVOLUTION OF BALLET AS A VERSATILE LANGUAGE OF MOVEMENT THAT CROSSES NATIONAL AND CULTURAL BOUNDARIES, WE SEEK TO DRAW AN EVER-BROADER RANGE OF ARTISTS, STUDENTS, AND AUDIENCES TO EXPERIENCE THE POWER OF DANCE THROUGH INSPIRING PERFORMANCES, OUTSTANDING TRAINING, AND MEANINGFUL COMMUNITY ENGAGEMENT. 33 32 179 317 38955 0 3446781 3099011 4315995 4320355 275620 250087 -10731 -15828 8027665 7653625 277322 358898 0 0 4529331 4531093 0 0 411385 2534766 2898376 7341419 7788367 686246 -134742 14066266 14711015 2646125 2866436 11420141 11844579 X 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. 0 0 4475011 2612787 PROFESSIONAL COMPANY PERFORMANCES - AFTER A TWENTY-PLUS YEAR CAREER AS A PRINCIPAL DANCER AND RESIDENT CHOREOGRAPHER FOR TULSA BALLET, MA CONG JOINED RICHMOND BALLET AS ASSOCIATE ARTISTIC DIRECTOR IN 2019 AND BECAME ARTISTIC DIRECTOR IN 2024. MA HAS BROUGHT A VITALITY AND ENTHUSIASM TO THE COMPANY THAT IS ROOTED IN HIS HISTORY - A CHINESE-BORN NATURALIZED CITIZEN WITH A PASSION FOR HUMANITY AND THE ARTS. DURING 2024 2025, RICHMOND BALLET REACHED A RECORD-BREAKING 86,000 PEOPLE THROUGH ALL PROGRAMS.THE 2024-2025 SEASON INCLUDED A FINAL REPERTORY PERFORMANCE AT THE RICHMOND BALLET STUDIO THEATRE. THIS FINALE FEATURED VAL CANIPAROLI'S PROVOCATIVE WHAT'S GOING ON AND A WORLD PREMIERE BALLET BY MA CONG, ENCHALANT. DECEMBER OF 2024 FEATURED 17 PERFORMANCES OF FAMILY-FAVORITE THE NUTCRACKER. THIS PRODUCTION SAW RECORD ATTENDANCE, AND APPROXIMATELY 600 PATRONS WERE ADMITTED FREE OF CHARGE, SPONSORED BY "BALLET FOR ALL" A PROGRAM DESIGNED TO DIVERSIFY OUR AUDIENCE. AFTER THE MAJOR SUCCESS OF BEN STEVENSON'S DRACULA IN THE PRIOR YEAR, RICHMOND BALLET PRESENTED HIS VERSION OF CINDERELLA, IN FEBRUARY OF 2025, TO AUDIENCE AND CRITICAL ACCLAIM. BOTH OF THESE FULL LENGTH STORY BALLETS WERE PERFORMED AT THE DOMINION ENERGY CENTER, A LARGE TRADITIONAL THEATRE IN DOWNTOWN RICHMOND, ACCOMPANIED BY THE RICHMOND SYMPHONY.IN THE SPRING OF 2025, RICHMOND BALLET MOVED THE REMAINDER OF ITS REPERTORY SERIES TO THE NEWLY RENOVATED LESLIE CHEEK THEATRE INSIDE THE VIRGINIA MUSEUM OF FINE ARTS ("VMFA"). THE MOVE DOUBLED OUR AUDIENCE CAPACITY AND ALLOWED THE BALLET TO SCHEDULE PERFORMANCES OVER A TWO-WEEK PERIOD, PERMITTING MORE OPTIONS FOR ATTENDANCE IN A MORE ACCESSIBLE AND POPULATED LOCATION IN RICHMOND. AS A PART OF THE RENOVATION, THE LESLIE CHEEK THEATRE STAGE WAS RENAMED, "THE ARMSTRONG FAMILY STAGE IN HONOR OF RICHMOND BALLET." NEWLY NAMED THE "MOVING ART" SERIES, THE INAUGURAL PERFORMANCE, MOVING ART ONE, FEATURED THREE BOLD WORKS, ALL OF WHICH WERE VIRGINIA PREMIERES: MA CONG'S PENTAPTYCH, CHRISTOPHER WHEELDON'S AFTER THE RAIN, AND VAL CANIPAROLI'S LAMBARENA. TO CLOSE OUT THE SEASON IN MAY, MOVING ART TWO FEATURED JOSHUA L. PEUGH'S SLUMP, STONER WINSLETT'S ECHOING PAST, AND YURY YANOWSKY'S WORLD PREMIERE FADING CREATURES. TOURING CONTINUES TO BE A PRIORITY FOR RICHMOND BALLET. ON OCTOBER 18, 2024, RICHMOND BALLET BROUGHT THE ICONIC CARMINA BURANA TO THE GAILLARD CENTER STAGE IN CHARLESTON, SOUTH CAROLINA. THE RICHMOND BALLET STUDIO COMPANY PERFORMED TOURS AND LECTURE DEMONSTRATIONS AT VARIOUS SCHOOLS AND LOCALITIES THROUGHOUT THE COMMONWEALTH OF VIRGINIA REACHING AN ESTIMATED 25,000 STUDENTS AND 4,000 COMMUNITY PATRONS. 1595679 340567 1540499 DANCE SCHOOL - THE SCHOOL OF RICHMOND BALLET OFFERS TRAINING IN A VARIETY OF DANCE FORMS, INCLUDING BALLET, MODERN, THEATER DANCE, AND CHARACTER. WITH NO AUDITION REQUIREMENT AND FINANCIAL AID AVAILABLE, ADMISSION TO THE SCHOOL IS INCLUSIVE. DANCE CLASSES ARE PROVIDED TO APPROXIMATELY 1,000 STUDENTS, AGES 4 TO ADULT, 6 DAYS A WEEK. THE SCHOOL PROVIDES ADVANCED TRAINING FOR ASPIRING STUDENTS THROUGH THE TRAINEE PROGRAM AND STUDIO COMPANY, WHO PERFORM WITH THE BALLET'S PROFESSIONAL COMPANY. $150,000 WAS GIVEN BY A SINGLE FOUNDATION SPECIFICALLY FOR SCHOLARSHIPS. OTHER GIVING DESIGNATED FOR THE SCHOOL AND USED FOR FINANCIAL AID, INCLUDING AN ENDOWMENT DRAW FROM THE SCHOLARSHIP FUND AND AN APPROPRIATION OF OPERATING FUNDS, TOTALED APPROXIMATELY $100,000. 454886 128114 MINDS IN MOTION (MIM), RICHMOND BALLET'S PRIMARY COMMUNITY ENGAGEMENT PROGRAM, REACHED 1016 CHILDREN FROM A RANGE OF SOCIOECONOMIC BACKGROUNDS IN RICHMOND AND PORTSMOUTH IN THE 2024-2025 SEASON. THIS IN-SCHOOL PROGRAM FEATURES AN ENGAGING, MOVEMENT-BASED CURRICULUM TAUGHT BY PROFESSIONAL TEACHING ARTISTS AND MUSICIANS IN ELEMENTARY SCHOOLS. 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 MOVEMENT AND MUSIC, REQUIRING MEMORIZATION SKILLS AND THE ABILITY TO QUICKLY PIVOT AND CATCH-UP WHEN STEPS MAY BE MISSED. 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, WITH A THEME THAT RELATES TO THE STUDENTS' CURRICULUM AT SCHOOL. OF THE 15 SCHOOLS SERVED IN RICHMOND, 7 ARE TITLE I AND 2 ARE TUITION-FREE INDEPENDENT SCHOOLS. TWO SCHOOLS ARE SERVED IN PORTSMOUTH THROUGH A RESIDENCY SERVING APPROXIMATELY 160 STUDENTS. SINCE ITS INCEPTION, MIM REMAINS THE ONLY PROGRAM OF ITS KIND IN THE COMMONWEALTH OF VIRGINIA. THE PROGRAM CELEBRATES THE STUDENTS' ACHIEVEMENTS IN A CULMINATING PERFORMANCE WITH OVER 3,500 PEERS, FAMILIES, AND COMMUNITY MEMBERS IN THE AUDIENCE. MBERS IN PORTSMOUTH, VIRGINIA. 18331 18331 18331 18331 6543907 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 79 0 1 179 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X KATHLEEN HOLMAN 8043440906 407 E CANAL ST RICHMOND VA 23219 MARGARET CLINARD CHAIRMAN 5.00 X X 0 0 0 SELINA RAINEY PRESIDENT 2.00 X X 0 0 0 TIFFANY B ARMSTRONG TREASURER 2.00 X X 0 0 0 DAPHNE MAXWELL REID SECRETARY 2.00 X X 0 0 0 STONER WINSLETT ARTISTIC DIRECTOR 40.00 X X 110544 0 5755 PHILIP GOODPASTURE VICE PRESIDENT 5.00 X X 0 0 0 UTIBE BASSEY TRUSTEE 2.00 X 0 0 0 DAVID BERAN TRUSTEE 2.00 X 0 0 0 HERBERT A CLAIBOURNE JR TRUSTEE 2.00 X 0 0 0 KATHERINE DUVAL TRUSTEE 2.00 X 0 0 0 MAGGIE GEORGIADIS TRUSTEE 2.00 X 0 0 0 RYAN GLASGOW TRUSTEE 2.00 X 0 0 0 R FINLEY GALE TRUSTEE 2.00 X 0 0 0 KATHRYN GRAY TRUSTEE 2.00 X 0 0 0 KEVIN GREMER TRUSTEE 2.00 X 0 0 0 CHRISTIAN KENNEDY TRUSTEE 2.00 X 0 0 0 J ROBERT MOONEY TRUSTEE 2.00 X 0 0 0 KWADWO OWUSU-AKYAW MD TRUSTEE 2.00 X 0 0 0 CAROLYN PORT MD TRUSTEE 2.00 X 0 0 0 WILLIAM G HANCOCK TRUSTEE 2.00 X 0 0 0 MRS RICHARD S REYNOLDS III TRUSTEE 2.00 X 0 0 0 LIBBY ROBERTSON TRUSTEE 2.00 X 0 0 0 LIZ TOMS TRUSTEE 2.00 X 0 0 0 KRISTIN VOSMIK TRUSTEE 2.00 X 0 0 0 BARBARA WRIGHT TRUSTEE 2.00 X 0 0 0 KATHLEEN M HOLMAN TRUSTEE 2.00 X 0 0 0 PAIGE MAGNESS TRUSTEE 2.00 X 0 0 0 ELLEN FITZSIMMONS TRUSTEE 2.00 X 0 0 0 ROBERT O SATTERFIELD TRUSTEE 2.00 X 0 0 0 PHILLIP SKAGGS TRUSTEE 2.00 X 0 0 0 ROBIN ROBERTSON STARR TRUSTEE 2.00 X 0 0 0 DON STEINBRUGGE TRUSTEE 2.00 X 0 0 0 SUZANNE S YOUNGKIN TRUSTEE 2.00 X 0 0 0 BRETT BONDA FORMER MANAGING DIRECTOR 40.00 X 86031 0 10833 MICHELLE MULLER CHIEF FINANCIAL OFFICER 40.00 X 97658 0 4865 MAYA ERHARDT EXECUTIVE DIRECTOR 40.00 X 61677 0 0 MA CONG ASSOC. ARTISTIC DIRECTOR 40.00 X 123093 0 15193 479003 0 36646 2 0 0 0 RICHMOND SYMPHONY 612 E GRACE ST SUITE 401 RICHMOND VA 23219 LIVE ORCHESTRA 243934 1 412990 50266 121913 2513842 9325 3099011 PRODUCTION AND TOURS 711120 2651742 2612787 38955 SCHOOL TUITION 611600 1540499 1540499 MINDS IN MOTION 611600 128114 128114 4320355 241630 241630 10237 0 10237 10237 10237 922652 914195 8457 8457 8457 90026 412990 184514 -94488 -94488 MISCELLANEOUS 711120 68423 68423 68423 7653625 4281400 38955 234259 18331 18331 340567 340567 388867 198706 138358 51803 3615522 3151742 275776 188004 238729 201705 26073 10951 287975 239328 33885 14762 44121 44121 24428 24428 40539 40539 165918 22845 86311 56762 198134 198134 74111 17989 42831 13291 60001 7929 48061 4011 75569 75569 697236 667282 22805 7149 112901 106130 5333 1438 268144 254737 5363 8044 49957 40497 8918 542 OTHER PRODUCTION EXPENS 715637 713566 2071 BUSINESS LICENSES AND A 160587 159685 902 EDUCATION EXPENSES 121525 121525 FUNDRAISING COSTS 52085 52085 37483 7640 29371 472 7788367 6543907 833075 411385 559612 708806 1892725 1265590 510106 658061 35369 59676 25214 40675 154666 164500 4456637 2209022 2250953 2247615 6673019 7768830 1964602 1797262 14066266 14711015 205920 444572 451856 571428 1988349 1850436 2646125 2866436 X 7749337 7874776 3670804 3969803 11420141 11844579 14066266 14711015 -134742 559180 0 X X 0 1 X 1 0 X 4258475 4646343 2722342 3396689 3099011 18122860 1610706 2866342 3651477 4268840 4281400 16678765 5869181 7512685 6373819 7665529 7380411 34801625 170579 156760 304239 426501 581248 1639327 0 170579 156760 304239 426501 581248 1639327 33162298 67333 69184 154487 229335 251867 772206 67333 69184 154487 229335 251867 772206 2906 27064 47115 38955 116040 8998 33101 48969 59462 68423 218953 5945512 7617876 6604339 8001441 7739656 35908824 0.92350 0.93940 0.02150 0.01800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4155699 115000 430757 4701456 3669679 50000 436020 4155699 3281182 76782 311715 3669679 2916842 784000 -419660 3281182 2301816 125000 541783 5164 46593 2916842 0.40220 0.41780 0.18000 0 0 146670 16679 129991 4164558 2192343 1972215 145409 145409 2247615 RIGHT OF USE ASSETS 1797262 1797262 LEASE LIABILITIES 1850436 1850436 X PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS "MANAGEMENT EVALUATED THE BALLET'S TAX POSITIONS AND CONCLUDED THAT THE BALLET HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE BALLET IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES ENDING BEFORE 2021." PART V, LINE 4 THE ENDOWMENT IS CURRENTLY MADE UP OF THE STONER WINSLETT SCHOLARSHIP FUND, THE GENERAL ENDOWMENT FUND, AND THE BOARD DESIGNATED ENDOWMENT. THE SCHOLARSHIP FUND IS PERMENANTLY RESTRICTED FOR THE SUPPORT OF THE SCHOLARSHIP OF RICHMOND BALLET, "MINDS IN MOTION AND OTHER OUTREACH PROGRAMS. THE GENERAL FUND IS ALSO PERMENANTLY RESTRICTED TO AID IN THE LONG-TERM FINANCIAL WELL-BEING OF THE BALLET. THE BOARD DESIGNATED FUND IS UNRESTRICTED WITH ITS PURPOSE TO BE DETERMINED. 4% OF THE BALANCE AVERAGED OVER A 3 YEAR PERIOD IS DISTRIBUTED ANNUALLY FOR SCHOLARSHIPS AND GENERAL OPERATING (PROVIDED CUMULATIVE EARNINGS EXCEED THE 4%). GALA 503016 412990 90026 97963 38985 1000 46566 503016 412990 90026 97963 38985 1000 46566 184514 -94488 1 RICHMOND BALLET BUILDING CORPORATION 407 EAST CANAL STREET RICHMOND VA 23219 263887749 501(C)(2) 18331 0 FAIRVALUE TO PURCHASE FIXED ASSETS 1 SCHOLARSHIP/FINANCIAL AID TO DANCE STUDENTS 131 340567 PART I, LINE 2: PARENTS OF STUDENTS SUBMIT FINANCIAL AID APPLICATIONS INCLUDING TAX RETURNS TO THE BUSINESS MANAGER FOR THE SCHOOL OF RICHMOND BALLET. THE BUSINESS MANAGER CONSULTS WITH A FINANCIAL AID COMMITTEE AND AID IS GRANTED BASED ON FUNDS AVAILABLE AND FINANCIAL NEED OF THE APPLICANT. MERIT SCHOLARSHIPS ARE AWARDED TO TALENTED STUDENTS AT THE DISCRETION OF THE SCHOOL DIRECTOR. AWARDS ARE NOT PAID DIRECTLY TO PARTICIPANTS BUT ARE DEDUCTED FROM TUITION OWED. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING, THE 990 IS CIRCULATED VIA EMAIL TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW. PAPER COPIES ARE ALSO AVAILABLE UPON REQUEST. THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE FINAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BALLET DISTRIBUTES A CONFLICT OF INTEREST FORM TO ALL MEMBERS OF THE BOARD OF TRUSTEES AT THEIR ANNUAL MEETING. THE FORM IS COMPLETED BY EACH TRUSTEE STATING ANY CONFLICTS AND RETURNED TO THE BALLET IN A TIMELY MANNER. FOR EACH INTEREST DISCLOSED TO THE PRESIDENT, HE/SHE WILL DETERMINE WHETHER TO: 1) TAKE NO ACTION 2) ASSURE FULL DISCLOSURE TO THE BOARD OF TRUSTEES AND OTHER INDIVIDUALS COVERED BY THE POLICY 3) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION OR 4) ASK THE PERSON TO RESIGN HIS/HER POSITION OR, IF THE PERSON REFUSES TO RESIGN, THEY ARE SUBJECT TO REMOVAL. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF HUMAN RESOURCES FORWARDS ALL APPROPRIATE DOCUMENTATION TO THE PRESIDENT OF THE BOARD OF TRUSTEES TO REVIEW ANY INCREASES IN COMPENSATION FOR THE ARTISTIC DIRECTOR AND THE MANAGING/EXECUTIVE DIRECTOR. IN TURN, THE ARTISTIC DIRECTOR AND MANAGING/EXECUTIVE DIRECTOR ARE RESPONSIBLE FOR APPROVING ALL OTHER KEY EMPLOYEES' SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. RICHMOND BALLET BUILDING CORPORATION 407 E CANAL STREET RICHMOND VA 23219 263887749 HOLDS PROPERTY VA 501(C)2 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 RICHMOND BALLET BUILDING CORPORATION C 50266 FAIR VALUE RICHMOND BALLET BUILDING CORPORATION N VALUE NOT DETERMINED RICHMOND BALLET BUILDING CORPORATION B 18331 FAIR VALUE