Overview
What is The Virginia Arts Festival Inc?
The Virginia Arts Festival Inc, located at 440 Bank Street in Norfolk, Virginia, is a dynamic nonprofit organization that presents cultural and educational activities throughout the Hampton Roads region of Virginia. During the period of July 1, 2022, to June 18, 2023, they produced a total of 93 events, including 77 ticketed performances and 16 free events. These events attracted over 76,000 patrons from 49 states, Washington, D.C., and 8 international countries. Among these events, 22 sold out. The Education Department of the Virginia Arts Festival organized 127 events, which consisted of masterclasses, open dress rehearsals, performances, and 'at-school' events. Local student participation reached 30,140 from 21 city/districts. The mission of the Virginia Arts Festival is to bring world-class performing arts to 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. With a workforce of 76 employees, this organization enriches the community by promoting arts and culture.
Official website here: www.vafest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Virginia Arts Festival Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score indicates a well-managed organization with a focus on responsible financial practices, fostering donor confidence and support. The rating is based entirely on the accountability and finance beacon, showcasing the organization's commitment to transparency.
Strengths noted in the evaluation include a fully independent board with 29 members and a high score for financial oversight processes. The charity has demonstrated effective management of its assets, with no material diversion reported and an impressive program expense ratio of 75.37%. Additionally, the organization maintains a solid fundraising efficiency ratio, ensuring that the majority of funds are directed towards its programs.
While the data does not indicate specific weaknesses, the overall focus on financial practices highlights the organization's commitment to sustainability and responsible governance. This solid rating positions The Virginia Arts Festival Inc as a reliable option for donors looking to support arts initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Virginia Arts Festival Inc?
96% of 304 reviewers on Facebook recommend The Virginia Arts Festival Inc. Here is a summary of their reviews: The festival is widely praised for its diverse offerings, showcasing a broad spectrum of artistic events that captivate the community. Many attendees express enthusiasm for the variety available, noting how the festival contributes significantly to the cultural landscape of Hampton Roads.
Participants appreciate both the quality and range of performances, indicating that the festival not only entertains but also enriches the local arts scene. This suggests that the nonprofit is fulfilling its mission effectively and gaining strong support from the community it aims to serve.
Overall, the sentiment surrounding The Virginia Arts Festival is overwhelmingly positive, with many supporters urging others to partake in the experience. The festival appears to successfully deliver on its promise of providing vibrant and engaging artistic opportunities to its audience.
This AI summary has been generated from reviews found on Facebook.
Is The Virginia Arts Festival Inc legitimate?
The Virginia Arts Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Virginia Arts Festival Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $662,890
Professional Fundraising Fees: $23,368
Other Salaries and Wages: $2,280,362
For more financial information, click here
Official website here: www.vafest.org
What is the mission statement of The Virginia Arts Festival Inc?
The Virginia Arts Festival Inc is dedicated to presenting cultural and educational activities in the greater Hampton Roads region of Virginia. Their mission goes beyond just bringing world-class performing arts to citizens and visitors. They aim to make a tangible difference in their community through regional partnerships, cultural tourism, and outstanding educational programs. During the period of July 1, 2022, to June 18, 2023, they produced 93 events, including 77 ticketed performances and 16 free events, attended by over 76,000 patrons from various states and countries. Their education department engaged over 30,000 local students in events such as masterclasses, open dress rehearsals, and performances. The Virginia Arts Festival commissions new works of national and international significance and strives to impact lives through arts and education.
Official website here: www.vafest.org
What is the revenue of The Virginia Arts Festival Inc?
The Virginia Arts Festival Inc's revenue in 2024 was $16,411,609.
Official website here: www.vafest.org
Who are the executives of The Virginia Arts Festival Inc and what are their salaries?
The average compensation at The Virginia Arts Festival Inc during 2024 was $36,791. There are 80 employees and 576 volunteers at The Virginia Arts Festival Inc.
Here are 31 key members and their salaries:
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Official website here: www.vafest.org
Where can I find the form 990 for The Virginia Arts Festival Inc?
The Virginia Arts Festival Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vafest.org
Learn more at the official website: www.vafest.org
Mission Statement of The Virginia Arts Festival Inc
The Virginia Arts Festival Inc, a renowned cultural institution, is dedicated to enriching the lives of citizens and visitors in the Hamptons Roads region of Virginia through the presentation of world-class performing arts. With a mission to make a tangible difference in the community, this organization brings a diverse range of artists and productions to the area, attracting patrons from various parts of the United States and beyond.
Through its educational programs, the Virginia Arts Festival Inc impacts the lives of students by providing opportunities for participation and learning. During the period from July 1, 2022, to June 18, 2023, the organization produced a total of 93 events. Among these were 77 ticketed performances and 16 free events, which drew over 76,143 patrons from 48 states and Washington D.C., and 8 international countries. The Education Department of the Virginia Arts Festival Inc was particularly active, with 127 events that included masterclasses, open dress rehearsals, performances, and 'at-school' events. These events engaged a local student participation of 30,140 from 21 city/districts. Two dozen of these performances were sold out, underscoring the strong demand for the organization's offerings.
By presenting a diverse array of cultural experiences and educational opportunities, The Virginia Arts Festival Inc fosters a vibrant arts scene that contributes to the overall development and enrichment of the Hamptons Roads community.
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Impact
October, 2024
The Virginia Arts Festival Inc significantly enhances the cultural landscape of the Greater Hampton Roads region in Virginia. Over the reporting period from July 1, 2022, to June 18, 2023, the festival produced 93 events, including 77 ticketed performances and 16 free community events, attracting over 76,143 attendees from 48 states and eight international countries. The festival achieved notable success, with 22 performances selling out, underscoring its popularity and the cultural richness it brings to the area.
Beyond entertainment, the festival plays a crucial role in education and community engagement. The Education Department conducted 127 separate events, including masterclasses and 'at-school' programs, directly involving 30,140 local students from 21 cities and districts. This commitment to education helps to inspire and nurture a new generation of artists and art enthusiasts.
Overall, the Virginia Arts Festival Inc fosters a vibrant cultural tourism environment, supports artistic development through the commissioning of new works, and strengthens regional partnerships, thereby making a tangible difference in the community's quality of life and cultural offerings.
This information is meant to be a general summary of The Virginia Arts Festival Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $885,707
- Program Service Revenue: $2,399,263
- Gross Receipts: $18,234,892
Assets and Liabilities:
- Total Assets: $46,274,620
- Total Liabilities: $1,623,241
- Net Assets: $44,651,379
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$2,146,008
COMMISIONS AND CO-PRODUCTION
Revenue
$253,255
Organization Details
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