ROANOKE CULTURAL ENDOWMENT

EIN: 472754436 501(c)(3) Arts, Culture & Humanities

ROANOKE, VA

Total Revenue
$1,071,562
Total Expenses
$173,248
Total Assets
$6,866,829
Net Assets
$6,864,834
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
SHALEEN POWELL
Phone
5405887489
Tax Period
2024-01-01 to 2024-12-31

ROANOKE CULTURAL ENDOWMENT, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $643K in total revenue in fiscal year 2018. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $592K, a strong 92% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO CULTIVATE A LEGACY OF STABILITY, ENGAGEMENT, AND VITALITY FOR ARTS AND CULTURES IN THE CITY OF ROANOKE THROUGH GRANT MAKING. THROUGH A STRATEGIC PARTNERSHIP WITH THE CITY OF ROANOKE, THE ORGANIZATION WILL PROVIDE A SUSTAINABLE REVENUE SOURCE FOR ARTS AND CULTURAL ORGANIZATIONS IN THE CITY OF ROANOKE.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $759,080
Program Service Revenue $0
Investment Income $312,482
Other Revenue $0
TOTAL REVENUE $1,071,562

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,426
Fundraising Expenses $89,419
Other Expenses $83,822
TOTAL EXPENSES $173,248

Year-over-Year Comparison

2024 2023 Change
Revenue $1,071,562 $758,656 +0.4%
Expenses $173,248 $122,261 +0.4%
Net Income $898,314 $636,395 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$52,500
Total Directors
11
$52,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHALEEN POWELL Executive Dir. 20.00
Officer Director
$52,500 $0 $52,500
J DAVID WINE President 0.50
Officer Director
$0 $0 $0
KATHERINE FRALIN WALKER Secretary 0.50
Officer Director
$0 $0 $0
LUCAS L THORNTON Treasurer 1.00
Officer Director
$0 $0 $0
KATHERINE L STRICKLAND BOARD MEMBER 0.50
Director
$0 $0 $0
SARAH TUNE DOHERTY BOARD MEMBER 0.50
Director
$0 $0 $0
WILLIAM D ELLIOT BOARD MEMBER 0.50
Director
$0 $0 $0
NANCY O GRAY BOARD MEMBER 0.50
Director
$0 $0 $0
SHERMAN P LEA JR BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID TRINKLE BOARD MEMBER 0.50
Director
$0 $0 $0
VICTORIA THORNTON BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,071,562 $173,248 $6,866,829 $898,314
2023 $758,656 $122,261 $5,602,288 $636,395
2022 $1,052,972 $165,495 $4,507,686 $887,477
2021 $695,720 $89,797 $4,214,431 $605,923
2020 $575,422 $120,754 $3,343,737 $454,668
2019 $396,874 $126,451 $2,598,316 $270,423
2018 $642,886 $50,966 $2,103,696 $591,920
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ROANOKE CULTURAL ENDOWMENT with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.