Virginia Discovery Museum Inc
Only null% goes to programs Strong reserves Growing revenue
Virginia Discovery Museum Inc is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 1982, with $1,044,770 in FY2024 revenue. CharityIndex grades it B.
524 E Main St, Charlottesvle, VA, 22902 EIN 54-1189268 Since 1982
Revenue (FY2024)
$1.0M
▲ 12.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$724K
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Virginia Discovery Museum Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating40 mo reserves · +31% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Virginia Discovery Museum Inc: 40 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Virginia Discovery Museum Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Virginia Discovery Museum Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 524 E Main St, Charlottesvle, VA, 22902
- City
- Charlottesvle
- State
- Virginia
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Website
- …
Financial trends
Revenue grew from $346K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $108KNet assets $2.4M
Operating margin
30.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$108K
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,044,770▲12.7% | $724,352▲3.1% | $2,395,478▲9.3% | $2,503,879▲8.3% | 990 |
| 2023 | $926,707▲0.8% | $702,801▲22.1% | $2,192,037▲3.3% | $2,310,956▲3.4% | 990 |
| 2022 | $919,579▲11.6% | $575,647▲30.3% | $2,122,921▲84.6% | $2,234,401▲83.7% | 990 |
| 2021 | $824,175▲1.9% | $441,652▼7.0% | $1,150,129▲28.9% | $1,216,076▲32.6% | 990 |
| 2020 | $808,626▲78.7% | $475,064▲2.6% | $892,290▲64.5% | $916,813▲34.8% | 990 |
| 2019 | $452,630▼18.5% | $462,897▲5.0% | $542,272▼1.5% | $680,051▲6.4% | 990 |
| 2018 | $555,428▲4.5% | $440,668▲5.2% | $550,745▲26.9% | $639,206▲22.0% | 990 |
| 2017 | $531,634▲24.1% | $418,757▲18.2% | $433,878▲36.3% | $523,912▲30.2% | 990 |
| 2016 | $428,439▼0.4% | $354,323▲13.5% | $318,212▲31.7% | $402,379▲29.0% | 990 |
| 2015 | $429,977▲44.8% | $312,130▲15.5% | $241,693▲92.8% | $311,834▲64.4% | 990 |
| 2014 | $296,853▼14.2% | $270,143▼25.1% | $125,335▲27.9% | $189,650▲9.7% | 990 |
| 2013 | $345,944 | $360,530▼20.5% | $97,990▼21.5% | $172,857▲23.6% | 990 |
| 2010 | — | $453,336 | $124,792 | $139,891 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $414K total
29 grants to Virginia Discovery Museum Inc totaling $414K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $13,317 |
| National Philanthropic Tr | Human services | 2023 | $8,750 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $7,000 |
| American Online Giving Foundation Inc | General support | 2023 | $6,868 |
| National Philanthropic Tr | Culture & arts | 2022 | $155,250 |
| Charlottesville Area Community Foundation | Area of greatest need to benefit the community, renovation of the carousel and scholarhip program | 2022 | $45,000 |
| Charlottesville Area Community Foundation | Capacity building | 2021 | $15,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2021 | $10,000 |
| Charlottesville Area Community Foundation | Bamaworks 2021 grant | 2021 | $10,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $7,750 |
| National Philanthropic Tr | Culture & arts | 2021 | $5,250 |
| Charlottesville Area Community Foundation | Unrestricted operational use | 2020 | $10,000 |
| Charlottesville Area Community Foundation | Sponsored admission program | 2020 | $7,500 |
| Charlottesville Area Community Foundation | The sponsored admission program | 2019 | $10,000 |
| Charlottesville Area Community Foundation | Sponsored admission program | 2019 | $5,000 |
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Frequently asked questions
- Is Virginia Discovery Museum Inc a legitimate nonprofit?
- Yes. Virginia Discovery Museum Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1189268, based in Charlottesvle, Virginia. Donations are tax-deductible.
- What is Virginia Discovery Museum Inc's EIN?
- Virginia Discovery Museum Inc's Employer Identification Number (EIN) is 54-1189268.
- How much revenue does Virginia Discovery Museum Inc report?
- Virginia Discovery Museum Inc reported $1,044,770 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Virginia Discovery Museum Inc have?
- CharityIndex grades Virginia Discovery Museum Inc B, based on financial health (reserves and operating margin).
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Data for Virginia Discovery Museum Inc (EIN 54-1189268) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.