Virginia Museum of Natural History Foundation

Analysis

Virginia Museum of Natural History Foundation is a registered charity in United States, based in Martinsville, VA. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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, Virginia Museum of Natural History Foundation reported income of $644k and spending of $386k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $644k (+302%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 219%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Museum of Natural History Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Welcome Project Inc ($644k), Boston Municipal Research Bureau Inc ($644k) and Oregon Pediatric Society ($644k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.8m against liabilities of $63k, net assets of $1.8m.