Virginia Museum Of Fine Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,126,220 | 29,580,009 | 2,546,211 | 57.7 | 3% |
| 2012 | 73,067,337 | 16,108,354 | 56,958,983 | 141.3 | 7% |
| 2013 | 20,455,018 | 17,560,004 | 2,895,014 | 145.1 | 7% |
| 2014 | 22,092,385 | 20,080,745 | 2,011,640 | 142.6 | 7% |
| 2015 | 24,546,864 | 21,106,007 | 3,440,857 | 132.4 | 8% |
| 2016 | 38,544,039 | 25,518,091 | 13,025,948 | 105.2 | 8% |
| 2017 | 21,313,204 | 29,600,535 | −8,287,331 | 96.1 | 8% |
| 2018 | 19,787,732 | 23,816,912 | −4,029,180 | 123.8 | 7% |
| 2019 | 29,898,555 | 46,869,449 | −16,970,894 | 57.5 | 4% |
| 2020 | 48,848,372 | 27,721,578 | 21,126,794 | 102.9 | 7% |
| 2021 | 43,843,613 | 35,177,471 | 8,666,142 | 104.9 | 6% |
| 2022 | 55,007,119 | 31,441,622 | 23,565,497 | 97.8 | 7% |
| 2023 | 33,257,679 | 36,028,084 | −2,770,405 | 90.2 | 6% |
In its most recent public year (2023), this organization spent $2,770,405 more than it brought in. Its reserves stood at about 90.2 months of spending, up from 57.7 in 2011. Staff pay was 6% of spending. $287,639,667 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Virginia Museum Of Fine Arts Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works