ROANOKE CULTURAL ENDOWMENT Charity Report

Public IRS 990 nonprofit record

ROANOKE CULTURAL ENDOWMENT

EIN 47-2754436 · Fund Raising & Fund Distribution - Arts, Culture, and Humanities (A12)

What they do

THE ORGANIZATIONS 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.

Before you give

Are they doing good?

Easy charity check

Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$16.17spent for every $100 of revenueRevenue covered expenses this year.

$48.40of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.

$39.64in assets for every $1 spent this yearSome assets cannot be spent right away.

70.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $52,500 for SHALEEN POWELL (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,071,562

Expenses$173,248

Annual surplus $898,314 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$83,829 · 48.4% of expenses

Reported executive compensation (total)$40,000 · 23.1% of expenses

See all reported dollar amounts

Revenue$1,071,562

Expenses$173,248

Assets$6,866,829

Income$1,531,175

Contributions$759,080

Management and general$83,829

Executive compensation (total)$40,000

Stocks and bonds$5,934,987

Accounting fees$3,600

Investing fees$19,213

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SHALEEN POWELLEXECUTIVE DIR. · 20 hrs/week $52,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

SHALEEN POWELLEXECUTIVE DIR.

DAVID TRINKLEBOARD MEMBER

J DAVID WINEPRESIDENT

KATHERINE FRALIN WALKERSECRETARY

KATHERINE L STRICKLANDBOARD MEMBER

LUCAS L THORNTONTREASURER

NANCY O GRAYBOARD MEMBER

SARAH TUNE DOHERTYBOARD MEMBER

SHERMAN P LEA JRBOARD MEMBER

VICTORIA THORNTONBOARD MEMBER

WILLIAM D ELLIOTBOARD MEMBER

About this charity

Recognized since: January 2015
Location: PO BOX 22, ROANOKE, VA 24002
County: Roanoke (city)
In care of: SHALEEN POWELL
Primary officer: SHALEEN POWELL, Executive Dir.

How to reach them

WebsiteVisit the charity’s website Phone(540) 588-7489

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FOTI FLYNN LOWEN & CO PC
NTEE classification: Fund Raising & Fund Distribution - Arts, Culture, and Humanities (A12)
IRS tax category: Fund Raising & Fund Distribution