Shenandoah Valley Discovery Museum Inc

Analysis

Shenandoah Valley Discovery Museum Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in June 1994, 32 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 December 2023, Shenandoah Valley Discovery Museum Inc reported income of $958k and spending of $730k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $851k to $958k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shenandoah Valley Discovery Museum Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include The Independent Shakespeare Co Inc ($957k), Weill Center Foundation Inc ($958k) and Crearte Inc ($957k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $99k (14% of expenses). Other salaries and wages came to $261k. At year end it held assets of $5.3m against liabilities of $70k, net assets of $5.3m. It reported 25 employees.