The Board of Regents of Gunston Hall Incorporated

Analysis

The Board of Regents of Gunston Hall Incorporated is a registered charity in United States, based in Mason Neck, VA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Board of Regents of Gunston Hall Incorporated reported income of $1.7m and spending of $2.0m, spending 118% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.7m (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2024, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Board of Regents of Gunston Hall Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include New Hampshire Historical Society ($1.7m), The American Assn of Teachers of Spanish and Portuguese Inc ($1.7m) and Wepan ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $71k (3.5% of expenses). Other salaries and wages came to $860k. At year end it held assets of $4.6m against liabilities of $172k, net assets of $4.4m. It reported 20 employees.