Overview
What is Virginia Historical Society?
The Virginia Historical Society is a nonprofit organization based in Richmond, VA. Their mission is to bridge the past with the present by collecting, preserving, and interpreting Virginia's rich history for future generations. Through their programs and education, they present the unparalleled story of Virginia and provide valuable connections to America's past. Their work includes maintaining collections and conducting research, ultimately inspiring a deeper appreciation for history.
Official website here: www.virginiahistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Virginia Historical Society has earned a commendable Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance, scoring 97. The organization demonstrates exceptional leadership adaptability with a perfect score of 100 and maintains a robust program expense ratio of 77.56%. Its financial health is also underscored by a working capital ratio of 11.44 years, indicating long-term sustainability.
Strengths include a fully independent board composed of 33 members, ensuring objective governance and oversight. The society excels in financial transparency, with perfect scores in audit and oversight measures, and has no material diversion of assets reported. Furthermore, it has implemented comprehensive policies regarding tax form disclosures, conflict of interest, and whistleblower protections, contributing to its high accountability standards.
However, while the culture and community score of 83 is still strong, there is room for improvement in this area. This could indicate potential challenges in engagement or outreach, which the organization may want to address to further enhance its community impact. Overall, the Virginia Historical Society stands out as a well-managed nonprofit with a solid foundation in financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Historical Society legitimate?
Virginia Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Historical Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $553,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,500,254
For more financial information, click here
Official website here: www.virginiahistory.org
What is the mission statement of Virginia Historical Society?
The Virginia Historical Society is dedicated to connecting people to America's past through Virginia's unique historical narrative. By preserving and interpreting the Commonwealth's history, the organization bridges the gap between past and present. Through its collections, research, and educational programs, it inspires future generations to engage with history. The Virginia Historical Society plays a crucial role in linking the past with the present, keeping the rich history of the Commonwealth alive.
Official website here: www.virginiahistory.org
Who is the CEO of Virginia Historical Society?
Jamie O Bosket is the President And Ceo of Virginia Historical Society. The CEO's salary of Virginia Historical Society is $354,090 and their total compensation is $366,873.
Official website here: www.virginiahistory.org
What is the revenue of Virginia Historical Society?
Virginia Historical Society's revenue in 2022 was $15,255,895.
Official website here: www.virginiahistory.org
Who are the executives of Virginia Historical Society and what are their salaries?
The average compensation at Virginia Historical Society during 2022 was $45,552. There are 89 employees and 25 volunteers at Virginia Historical Society.
Here are 39 key members and their salaries (Virginia Historical Society's CEO's salary is $354,090 and their total compensation is $366,873):
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Official website here: www.virginiahistory.org
Where can I find the form 990 for Virginia Historical Society?
Virginia Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiahistory.org
Learn more at the official website: www.virginiahistory.org
Mission Statement of Virginia Historical Society
The Virginia Historical Society, a renowned organization, is dedicated to bridging the gap between America's past and the present through the unique narrative of Virginia's history. With a mission to collect, preserve, and interpret the Commonwealth's rich history, they bring the past to life and inspire future generations.
By amassing a vast collection of historical artifacts, documents, and stories, the Virginia Historical Society ensures that the tales of Virginia's people and their experiences are not lost to time. Through thoughtful preservation and insightful interpretation, they make the past accessible, enabling a deeper understanding of the complexities of our national history.
The organization's commitment does not stop at the mere preservation of history but extends to engaging and educating the public through various programs and initiatives. By linking the past with the present, they inspire a sense of connection and continuity, ultimately encouraging a deeper appreciation for the stories that shape our world.
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Impact
October, 2024
The Virginia Historical Society profoundly impacts the community by connecting people to America's past, showcasing the unique narrative of Virginia's history. Through extensive collections, preservation efforts, and interpretation of the Commonwealth's rich heritage, they foster a deeper understanding of how history shapes contemporary society.
Located in Richmond, VA, the organization engages audiences of all ages through educational programs, research initiatives, and various events that celebrate Virginia's historical significance. By inspiring future generations and offering a platform for exploration and learning, they cultivate an appreciation for history that encourages dialogue and reflection on current challenges and opportunities.
Ultimately, the Virginia Historical Society plays a pivotal role in linking the past with the present, helping individuals to contextualize their experiences within the broader tapestry of American history.
This information is meant to be a general summary of Virginia Historical Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,533,128
- Program Service Revenue: $549,444
- Gross Receipts: $15,764,179
Assets and Liabilities:
- Total Assets: $153,035,924
- Total Liabilities: $20,406,953
- Net Assets: $132,628,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND ADMISSION
Revenue
$467,326
ROYALTIES
Revenue
$26,773
PHOTOCOPY SALES
Revenue
$17,656
CAFE SALES
Revenue
$15,209
PUBLICATIONS
Revenue
$14,988
Organization Details
Founding Year
1831
Phone
(804) 340-1800Principal Officer
Jamie O Bosket
Main Address
PO BOX 7311, RICHMOND, VA, 23221
Website
www.virginiahistory.orgNTEE Category
Code: A800 - Arts
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