Virginia Holocaust Museum

Analysis

Virginia Holocaust Museum is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 1997, 29 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, Virginia Holocaust Museum reported income of $3.1m and spending of $1.4m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.1m (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Holocaust Museum sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Hoi-Quan Cuu Long Mekong Community Center Inc ($3.1m), Unity Foundation NP ($3.1m) and Explore & More a Childrens Museum ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $148k (11% of expenses). Other salaries and wages came to $449k. At year end it held assets of $9.6m against liabilities of $154k, net assets of $9.5m. It reported 13 employees.