VENTURE RICHMOND INC

VENTURE RICHMOND INC

Richmond, VA, US
501(c)3
EIN
52-1256458

VENTURE RICHMOND INC

Richmond, VA, US
501(c)3
EIN
52-1256458

Overview

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Est.

1984

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Venture Richmond Inc is a nonprofit organization focused on urban development, dedicated to providing resources to promote downtown Richmond, Virginia. With an operating budget of $7.9 million and total revenue of $8.6 million for the 2024 filing year, the organization has a diverse funding base, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.venturerichmond.com.

Mission Statement

PROVIDE RESOURCES TO PROMOTE DOWNTOWN RICHMOND, VIRGINIA
Revenues

$8.6M

Expenses

$7.9M

Net Income:
+$724.3K
Assets

$8.8M

Liabilities

$189.6K

Net Assets:
+$8.6M
Operating Budget

$7.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

16

Median grant size
$20K
Largest grant received
$167.5K
L
Lisa Sims
Board Member
J
John Buckbee
Board Member
C
Chris Accashian
Board Member

Frequently Asked Questions

What is VENTURE RICHMOND INC’s budget?
In 2024, VENTURE RICHMOND INC reported an annual operating budget of around $7.9 million. More detailed financial information is available to registered users.
What causes does VENTURE RICHMOND INC support?
VENTURE RICHMOND INC supports work in Urban development.
Where does VENTURE RICHMOND INC operate?
VENTURE RICHMOND INC is headquartered in Richmond, VA.
Who funded VENTURE RICHMOND INC recently?
In 2025, VENTURE RICHMOND INC received grants from TR R & CT GWATHMEY MEM UW EGJ, OVERTON & KATHARINE DENNIS FD-CUST, and WILLIAMS MULLEN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant VENTURE RICHMOND INC received in 2024?
The largest grant to VENTURE RICHMOND INC in 2024 exceeds $168 thousand.
What is VENTURE RICHMOND INC’s reliance on government grants?
VENTURE RICHMOND INC relied on government grants for more than 15% of their total revenue in 2024.
Overview
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