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Roanoke Cultural Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472754436 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

Overview

What is Roanoke Cultural Endowment?

Roanoke Cultural Endowment is a nonprofit organization located in Roanoke, Virginia. Their primary mission is to foster a lasting legacy of stability, engagement, and vitality for arts and cultural organizations within the city. To achieve this, they are currently fundraising with a goal of securing $20 million. Through a strategic partnership with the City of Roanoke, this endowment aims to provide a sustainable revenue source for these cultural institutions, ultimately enriching the community. The organization has a small team of two dedicated individuals, working tirelessly to accomplish their goals.


Official website here: www.roanokeculturalendowment.org

Is Roanoke Cultural Endowment legitimate?

Roanoke Cultural Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roanoke Cultural Endowment 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.

Here are some key statistics you may want to consider:

Executive Compensation: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,030

For more financial information, click here


Official website here: www.roanokeculturalendowment.org

What is the mission statement of Roanoke Cultural Endowment?

The Roanoke Cultural Endowment's mission is centered around cultivating a lasting impact for the arts and culture sector. This organization aims to foster stability, engagement, and vitality within this field through grant making. By establishing a strategic partnership with an unspecified city, the endowment seeks to provide a sustainable revenue source for various arts and cultural organizations. Currently, the organization is actively raising funds with the goal of securing $20 million, which will be utilized to support these organizations in the city.


Official website here: www.roanokeculturalendowment.org

Who is the CEO of Roanoke Cultural Endowment?

Shaleen Powell is the Executive Dir. of Roanoke Cultural Endowment.


Official website here: www.roanokeculturalendowment.org

What is the revenue of Roanoke Cultural Endowment?

Roanoke Cultural Endowment's revenue in 2022 was $1,052,972.


Official website here: www.roanokeculturalendowment.org

Who are the executives of Roanoke Cultural Endowment and what are their salaries?

The average compensation at Roanoke Cultural Endowment during 2022 was $21,015. There are 2 employees at Roanoke Cultural Endowment.

Here are 10 key members and their salaries:

    Shaleen Powell (Executive Dir.)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • J David Wine (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Fralin Walker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucas L Thornton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Mosley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Tune Doherty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William D Elliot (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy O Gray (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherman P Lea Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Trinkle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.roanokeculturalendowment.org

    Where can I find the form 990 for Roanoke Cultural Endowment?

    The Roanoke Cultural Endowment’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.roanokeculturalendowment.org

    Learn more at the official website: www.roanokeculturalendowment.org

    Mission Statement of Roanoke Cultural Endowment

    The Roanoke Cultural Endowment, an organization dedicated to cultivating a lasting impact on arts and culture, aims to achieve stability, engagement, and vitality in this domain. They accomplish this mission through grant-making, establishing a strategic partnership with the city of Roanoke. This partnership serves to provide a sustainable revenue source for various arts and cultural organizations within the city. The Roanoke Cultural Endowment is currently working towards securing an impressive $20 million in funding, with the goal of offering support to these organizations and further enhancing the cultural landscape.

    Impact

    This information is meant to be a general summary of Roanoke Cultural Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Roanoke Cultural Endowment is making a significant impact in the city of Roanoke by cultivating a legacy of stability, engagement, and vitality for arts and culture through grant making. Through its strategic partnership with the city, the organization is working towards securing $20 million in funding to provide sustainable support to arts and cultural organizations in Roanoke. This initiative is essential for the growth and vibrancy of the arts community in the city, ensuring that cultural organizations have the resources they need to thrive and enrich the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $102,354
  • Program Service Revenue: $0
  • Gross Receipts: $1,340,404

    • Assets and Liabilities:
  • Total Assets: $4,507,686
  • Total Liabilities: $3,006
  • Net Assets: $4,504,680
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Shaleen Powell

    Main Address

    PO BOX 22, ROANOKE, VA, 24002

    NTEE Category

    Code: A12 - Arts

    If you are a representative of Roanoke Cultural Endowment and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.