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Virginia Historical Society

Also known as Virginia Museum of History & Culture

Richmond, VA · EIN 54-0419452 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Virginia Historical Society reported $14.9 million in revenue and $15.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.79 went to program services, $14.44 to management and general costs and $6.77 to fundraising. Its largest source of revenue was contributions and grants: 71.8% of the total. The highest compensation it reported for one person was $579,954 (PRESIDENT AND CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 14% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.8%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
14.4%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
6.8%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.10$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
71.8%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
10.5%20.8%
Highest reported compensation
Part VII-A, columns D–F
$579,954$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.65%2.03%
People paid over $100,000
Part VII, line 2
78
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
121.836.6
Independent voting board members
Part VI 1a–1b
34 of 34100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$4.0M expenses · 32.0% of program spending

Collections and research

$8.5M expenses · 68.0% of program spending · grants $552K

Programs and education

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$558,342$0$21,612$579,954
VP ADVANCEMENT
Key employee, 40.00 hrs/week
$171,129$0$28,794$199,923
VP MARKETING & COMMUNICATI
Highest compensated employee, 40.00 hrs/week
$149,227$0$26,829$176,056
CFO
Officer, 40.00 hrs/week
$135,443$0$24,466$159,909
DIRECTOR OF COLLECTIONS CATALOGING
Highest compensated employee, 40.00 hrs/week
$134,168$0$10,605$144,773
VP FOR COLLECTIONS & EXHIBITIONS
Highest compensated employee, 40.00 hrs/week
$127,384$0$14,633$142,017
VP FOR GUEST ENGAGEMENT
Highest compensated employee, 40.00 hrs/week
$117,811$0$2,800$120,611

7 people received more than $100,000 in reportable compensation from Virginia Historical Society (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$15M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$15M$16M78.8%$161M$579,954
FY2024 ⓘ$25M$14M75.0%$153M$467,670
FY2023 ⓘ$12M$13M73.8%$135M$445,057
FY2022 ⓘ$15M$14M79.6%$133M$366,873
FY2021 ⓘ$30M$8.4M79.8%$144M$312,732
FY2020 ⓘ$13M$8.5M76.7%$98M$283,011

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b34 · 34 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5129
  • Volunteers Part I, line 6232

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SOLID LIGHT INC
Exhibit fabrication
$755,460
A LA CARTE EVENTS
Travel arrangements
$281,369
LEE ENTERPRISES ADVERTISING
Advertising
$148,074
ALLEGRA PRINT & IMAGING
Printing
$131,800
MARK FRANKO CUSTOM BUILDING
Masonry - virginia house loggia
$115,469

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

22 private foundations reported grants to Virginia Historical Society totaling $327K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Virginia Historical Society's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Virginia Historical Society, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Virginia

Questions people ask

How much of Virginia Historical Society's spending goes to programs?

In the fiscal year ending June 30, 2025, Virginia Historical Society reported that 78.8% of its $15.9 million in expenses went to program services, 14.4% to management and general and 6.8% to fundraising (Form 990, Part IX).

How much does Virginia Historical Society pay its top executive?

The largest total compensation Virginia Historical Society reported for one person in the fiscal year ending June 30, 2025 was $579,954, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Virginia Historical Society get its money?

Of $14.9 million in revenue in the fiscal year ending June 30, 2025, 71.8% came from contributions and grants and 10.5% from program service revenue (Form 990, Part VIII).

Is Virginia Historical Society a registered charity?

The IRS lists EIN 54-0419452 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349309962 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349303993 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349307679 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301319349302645 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349304789 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141329349302684 · read the filing

All filings for EIN 54-0419452: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.