The mission of the virginia arts festival is to bring world-class performing arts to our citizens and visitors, impact the lives of students through outstanding educational programs, commission new works of national and international significance, and make a tangible difference in hampton roads through regional partnerships and cultural tourism.
In care of Maggie Libby
Donations are tax-deductible
Category
Other
Employees
80
Volunteers
576
Financial Snapshot
FY ending 2024-06-30
Revenue
$16.4M
Expenses
$10.5M
Assets
$55.8M
Liabilities
$1.7M
Financial history
$16.4M$8.2M$0
1718192021222324
RevenueExpenses
Latest FY2024: $16.4M · Avg: $11.0M
THE VIRGINIA ARTS FESTIVAL INC
Your actions
Address
440 Bank ST
Norfolk, VA, 23510-240
Governance
Voting board members29
Independent members29
Conflict-of-interest policyNo
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %0.0%
Permanent endowment %82.0%
Endowment held by related orgNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Gross fundraising receipts$45K
Net to org$23K
Retained by contractors$21K
ChannelsMail · Phone · Email · In-person · Grant solicitation