Charlottesville Ballet

EIN: 900545068 501(c)(3) Arts, Culture & Humanities

Charlottesville, VA

Total Revenue
$2,049,673
Total Expenses
$1,589,610
Total Assets
$2,100,175
Net Assets
$1,350,441
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
VA
Principal Officer
Sara Clayborne
Phone
4349732555
Tax Period
2022-07-01 to 2023-06-30

Charlottesville Ballet, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2022. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $460K, a strong 22% operating margin.

Mission

TO ELEVATE THE ART OF DANCE THROUGH WELLNESS, PERFORMANCE, EDUCATION, AND COMMUNITY OUTREACH

Program Service Accomplishments

Program 1
Expenses: $1,258,895 Revenue: $1,031,949

CHARLOTTESVILLE BALLET (CB) IS A PROFESSIONAL BALLET COMPANY, DANCE ACADEMY, AND 501(C)(3) NONPROFIT ORGANIZATION BASED IN CHARLOTTESVILLE, VA. FOUNDED IN 2007 WITH A UNIQUE MISSION FOR DANCER...

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CHARLOTTESVILLE BALLET (CB) IS A PROFESSIONAL BALLET COMPANY, DANCE ACADEMY, AND 501(C)(3) NONPROFIT ORGANIZATION BASED IN CHARLOTTESVILLE, VA. FOUNDED IN 2007 WITH A UNIQUE MISSION FOR DANCER WELLNESS, CB IS THE ONLY FULL-TIME PROFESSIONAL DANCE COMPANY IN THE AREA, AND IS THE RESIDENT DANCE COMPANY OF LYNCHBURG AT THE ACADEMY CENTER OF THE ARTS. THE PROFESSIONAL COMPANY IS COMPRISED OF DANCERS FROM ALL OVER THE UNITED STATES AND ABROAD. CHARLOTTESVILLE BALLET ACADEMY (CBA), THE OFFICIAL TRAINING SCHOOL OF CB, OPENED IN JULY 2011 AND IS A NON PROFIT CENTER FOR DANCE EDUCATION SERVING OVER 600 STUDENTS. CBA OFFERS TRAINING IN ALL DANCE GENRES FOR AGES TWO THROUGH ADULT AND OFFERS PERFORMANCE OPPORTUNITIES FOR YOUNG DANCERS ALONGSIDE THE PROFESSIONAL COMPANY. "CB MOVES" IS THE OUTREACH COMPONENT OF CHARLOTTESVILLE BALLET THAT PROVIDES FREE PROGRAMMING FOR MEMBERS OF OUR COMMUNITY. CB MOVES INCLUDES 1) CHANCE TO DANCE (C2D), AN AFTER-SCHOOL PROGRAM FOR GRADES K-5 THAT GIVES UNDERSERVED CHILDREN HANDS-ON EXPERIENCE WITH THE ARTS, 2) MOVEMENT FOR PARKINSON'S, FREE WEEKLY DANCE CLASSES FOR PEOPLE DIAGNOSED WITH PARKINSON'S DISEASE AND THEIR CARE PARTNERS, 3) SILVER SWANS, FREE WEEKLY DANCE CLASSES FOR SENIORS, 4) ONCE UPON A BALLET, FREE PERFORMANCE EVENTS THROUGHOUT THE COMMUNITY BY OUR PROFESSIONAL DANCERS, AND 5) ADAPTIVE DANCE CLASSES FOR PEOPLE WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,001,202
Program Service Revenue $1,031,949
Investment Income $16,522
Other Revenue $0
TOTAL REVENUE $2,049,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $854,276
Fundraising Expenses $129,086
Program Expenses $1,258,895
Other Expenses $735,334
TOTAL EXPENSES $1,589,610

Year-over-Year Comparison

2022 2021 Change
Revenue $2,049,673 $1,342,432 +0.5%
Expenses $1,589,610 $1,037,998 +0.5%
Net Income $460,063 $304,434 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
13
Independent Members
11
Employees
45
Volunteers
125

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
5
$151,878
Total Directors
13
$151,878
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sara Clayborne Executive Dir. 45.00
Officer Director
$75,939 $0 $75,939
Emily Hartka Executive Dir. 45.00
Officer Director
$75,939 $0 $75,939
Sigi Bowling Director 1.00
Director
$0 $0 $0
Virginia Cenedella Director 1.00
Director
$0 $0 $0
Janis Chevalier Director 1.00
Director
$0 $0 $0
Kahtra Kayton Chairperson 5.00
Officer Director
$0 $0 $0
Carol Krohn Secretary 1.00
Officer Director
$0 $0 $0
Evan Mayo Director 1.00
Director
$0 $0 $0
Sheryl Whaley Director 1.00
Director
$0 $0 $0
Dr Heather Snyder Director 1.00
Director
$0 $0 $0
Kurt Wassenaar Director 1.00
Director
$0 $0 $0
Martin Harkless Treasurer 1.00
Officer Director
$0 $0 $0
Laurie Turner Director 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,049,673 $1,589,610 $2,100,175 $460,063
2022 $1,342,432 $1,037,998 $1,147,365 $304,434
2021 $1,131,984 $802,064 $865,573 $329,920
2020 $1,202,258 $1,046,128 $531,271 $156,130
2019 $1,095,239 $1,081,095 $313,841 $14,144
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