The Virginia Arts Festival Inc
Norfolk, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,308,747↓11% | $10,657,616↑5% | $46,274,620↑10% | |
| 2022 | $13,814,301↑2% | $10,182,316↑67% | $42,180,047 | — |
| 2021 | $13,482,512↑172% | $6,110,399↑35% | $42,275,473↑38% | — |
| 2020 | $4,958,733↓46% | $4,533,761↓42% | $30,657,132↑2% | — |
| 2019 | $9,162,997↓18% | $7,799,614↑1% | $30,062,110↑6% | — |
| 2018 | $11,229,487↑22% | $7,743,835↓4% | $28,339,767↑14% | — |
| 2017 | $9,168,989↓8% | $8,052,877↑2% | $24,957,552↑9% | — |
| 2016 | $10,009,002↑22% | $7,894,991↑36% | $22,923,057↑11% | — |
| 2015 | $8,174,593↓2% | $5,809,580↓1% | $20,575,608↑11% | — |
| 2014 | $8,372,087↑32% | $5,879,555↓2% | $18,575,505↑18% | — |
| 2013 | $6,337,835↓6% | $5,976,740↑5% | $15,695,438↑3% | — |
| 2012 | $6,739,771 | $5,707,823 | $15,283,258 | — |
Frequently Asked Questions
What does The Virginia Arts Festival Inc do?▼
The Virginia Arts Festival Inc is a arts, culture & humanities nonprofit organization based in Virginia. It is classified under NTEE code A99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Virginia Arts Festival Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, The Virginia Arts Festival Inc has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Virginia Arts Festival Inc generate?▼
The Virginia Arts Festival Inc reports $16.4M in annual revenue and holds $55.8M in total assets, based on IRS filings.
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