Virginia Repertory Theatre
Public records show a registered, tax-exempt organization in good standing.
What it says it does
VIRGINIA REPERTORY THEATRE IS A NONPROFIT PROFESSIONAL THEATER BASED IN RICHMOND, VIRGINIA. VIRGINIA REP'S MISSION IS TO ENTERTAIN, CHALLENGE, AND UPLIFT OUR COMMUNITIES THROUGH THE POWER OF LIVE THEATRE.
- Income
- $5.8 million
- Spending
- $5.5 million
- Spent on programs
- 82%
- Reserves
- -3.8 months of spending
- Largest source of income
- donations and private grants, 63%
- Employees
- 233
- Volunteers
- 45
- Highest pay
- $127,390, managing director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 26% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 31% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2517 of 17 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $4.3 million spent. MAIN STAGE: VIRGINIA REPERTORY THEATRE OFFERS A SEASON ACROSS THREE VENUES FOR ADULTS AND FAMILIES. THE HISTORIC NOVEMBER THEATER AT 114 W BROAD ST, OFFERS NATIONAL-CALIBER PRODUCTIONS OF THE GREAT DRAMAS, COMEDIES, AND MUSICALS PAST, PRESENT, AND FUTURE PLUS CHILD AND FAMILY "JESSIE BOGESE SEASON" OFFERINGS.THE HISTORIC HANOVER TAVERN OFFERS PROFESSIONAL PRODUCTIONS ON A MORE INTIMATE SCALE, OFTEN INCLUDING CLASSICS AND HISTORICAL OFFERINGS AS WELL AS LIGHT COMEDIES AND MYSTERIES.THE HISTORIC COMPLEX DOWNTOWN AT 114 W BROAD INCLUDES BOTH THE NOVEMBER THEATER AND THEATRE GYM, AN INTIMATE SPACE WHERE VA REP AND OTHER LOCAL SMALL THEATRES CAN EXPERIMENT WITH LESS COMMERCIAL OFFERINGS.THE NOVEMBER THEATRE IS THE OLDEST MAJOR THEATRE IN VIRGINIA, A NATIONALLY REGISTERED KEY PROPERTY IN THE OLD AND HISTORIC BROAD STREET DISTRICT, ON THE EDGE OF HISTORIC JACKSON WARD.
- $146,396 spent. COMMUNITY OUTREACH/EDUCATION: DURING EACH SCHOOL YEAR, VIRGINIA REPERTORY PRODUCES AND PRESENTS LIVE THEATER PERFORMANCES FOR YOUTH, TEENS, AND FAMILIES AT THE NOVEMBER THEATER IN RICHMOND, AND BRINGS EDUCATIONAL OFFERINGS TO SCHOOLS, LIBRARIES, AND COMMUNITY CENTERS THROUGHOUT CENTRAL VIRGINIA.THESE RANGE FROM EARLY CHILDHOOD READING PROGRAMS TO CURRICULUM ASSISTANCE TO LARGE SCALE PROFESSIONAL PROGRAMS. PROGRAMS ARE PROVIDED ON A SLIDING SCALE TO ENSURE ACCESS FOR UNDERSERVED COMMUNITIES WITH A PARTICULAR FOCUS ON TITLE I SCHOOLS.
- $121,145 spent. VIRGINIA REP ON TOUR: DURING EACH SCHOOL YEAR, VIRGINIA REPERTORY THEATRE'S NATIONAL PROGRAM "VIRGINIA REP ON TOUR" PRODUCES AND PRESENTS TWELVE TO FIFTEEN TOURING INSTRUCTIONAL PROGRAMS USING THE ART FORM OF THEATRE TO SUPPORT STUDENTS' EXISTING STUDIES ACROSS WIDE VARIETIES OF CURRICULUMS IN GRADES K-12.TOURING WAS STOPPED PRIOR TO THE BEGINNING OF FY25. EXPENDITURES REPORTED ARE RELATED TO WINDING DOWN OUTSTANDING CONTRACTS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1975.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.