Logo for "Virginia Museum of Fine Arts Foundation"

Virginia Museum of Fine Arts Foundation

Virginia Museum of Fine Arts Foundation

Richmond, VA, US
501(c)3
EIN
51-0205333
Fund Raising & Fund Distribution
Regional Funder
Logo for "Virginia Museum of Fine Arts Foundation"

Virginia Museum of Fine Arts Foundation

Richmond, VA, US
501(c)3
EIN
51-0205333
Fund Raising & Fund Distribution
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$71,216,972

Other
63%
Contributions
28%
Government Grants
5%
Investments
3%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$46,793,925

Grants
84%
Salaries & Benefits
8%
Interest
2%
Fees to Service Providers
2%
Other
2%
Offices, Occupancy & IT
1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$25,048,306
$20,178,172
-19%
Government Grants
$662,450
$3,783,650
+471%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,483,640
$2,475,985
+67%
Other
$6,989,214
$44,779,165
+541%
Total Revenues
$34,183,610
$71,216,972
+108%
Expenses
2024
2025
Change
Grants
$32,028,369
$39,336,802
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,603,466
$3,834,098
+6%
Fees to Service Providers
$744,870
$838,975
+13%
Advertising & Promotion
$1,699
$72,046
+4140%
Offices, Occupancy & IT
$656,401
$689,162
+5%
Interest
$1,023,066
$1,093,888
+7%
Depreciation
$177,079
$205,864
+16%
Other
$1,041,943
$723,090
-31%
Total Expenses
$39,276,893
$46,793,925
+19%
Net income
2024
2025
Change
Net income
-$5,093,283
+$24,423,047
-580%
Functional Expenses
Summary
2024
2025
Change
Program
$33,450,876
$40,850,359
+22%
Admin
$3,706,704
$3,721,069
+0%
Fundraising
$2,119,313
$2,222,497
+5%
Total Expenses
$39,276,893
$46,793,925
+19%
Income Statement
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