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Virginia Foundation For Public Media

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822118572 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Foundation For Public Media?

The Virginia Foundation for Public Media is a nonprofit organization situated at 23 SESAME STREET, RICHMOND, VA, 23235. Its primary role is to serve as a "supporting organization," providing financial backing to enhance the charitable and educational endeavors of VPM Media Corporation. This corporation, in turn, is a Virginia nonstock corporation and a publicly supported organization, classified under sections 501(C)(3), 509(A)(1), and 170(B)(1)(A)(VI) of the Internal Revenue Code. The foundation's purpose is to support VPM Media Corporation in its mission to deliver high-quality, educational programming and services to the public.

Is Virginia Foundation For Public Media legitimate?

Virginia Foundation For Public Media is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Foundation For Public Media 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Virginia Foundation For Public Media?

The Virginia Foundation for Public Media serves as a supporting organization, providing funding to support the charitable and educational activities of VPM Media Corporation. This nonprofit organization's mission is aligned with VPM, a Virginia-based, publicly supported organization, to further advance educational initiatives and contribute to the community in accordance with the Internal Revenue Code sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(VI). By offering financial assistance, the Virginia Foundation for Public Media contributes to VPM's mission of providing enriching content and resources for the public.

Who is the CEO of Virginia Foundation For Public Media?

Gary Ometer is the Director of Virginia Foundation For Public Media. The CEO's salary of Virginia Foundation For Public Media is $0 and their total compensation is $455,317.

What is the revenue of Virginia Foundation For Public Media?

Virginia Foundation For Public Media's revenue in 2022 was $8,019,464.

Who are the executives of Virginia Foundation For Public Media and what are their salaries?

There 12 volunteers at Virginia Foundation For Public Media.


Here are 12 key members and their salaries (Virginia Foundation For Public Media's CEO's salary is $0 and their total compensation is $455,317):


Lu Alvarez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bisceglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Diemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Skidmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ting Xu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Goodpasture (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Williams (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Smythe (Chief Investment Officer)
  • Compensation: $0
  • Related: $293,078
  • Other: $30,184
Jayme Swain (Ceo And President)
  • Compensation: $0
  • Related: $426,966
  • Other: $28,351
Gary Ometer (Cfo)
  • Compensation: $0
  • Related: $263,462
  • Other: $26,512
Where can I find the form 990 for Virginia Foundation For Public Media?

Virginia Foundation For Public Media's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Virginia Foundation For Public Media

Virginia Foundation for Public Media serves as a supporting organization, dedicating its resources to fund the charitable and educational endeavors of VPM Media Corporation. In essence, its mission is to contribute financially to the philanthropic and educational activities of VPM, a Virginia-based nonprofit corporation recognized as a publicly supported organization under sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(VI) of the Internal Revenue Code. This foundation plays a crucial role in supporting the charitable work and educational programs of VPM, contributing to its overall mission of enriching the community through media and educational resources.

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Impact




October, 2024

Virginia Foundation For Public Media significantly enhances community engagement and access to educational resources through its supportive role. By providing essential funding to VPM Media Corporation, it fosters a rich landscape of charitable and educational activities that serve the diverse needs of the Virginia community. This support not only amplifies local arts and culture but also ensures that quality media content is accessible to all, enriching the public through educational programming and cultural initiatives. The foundation's efforts contribute to a well-informed and connected citizenry, ultimately strengthening the fabric of the community.




This information is meant to be a general summary of Virginia Foundation For Public Media. 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.

Revenue
$8,019,464 (2022)
Expenses
$10,771,383 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,019,464
  • Gross Receipts: $8,019,464

Assets and Liabilities:

  • Total Assets: $158,897,506
  • Total Liabilities: $180,905
  • Net Assets: $158,716,601

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Organization Details

Founding Year

2017

Principal Officer

Gary Ometer

Main Address

23 SESAME STREET, RICHMOND, VA, 23235

NTEE Category

Code: A11 - Arts

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