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Science Museum Of Virginia Foundation Inc

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

EIN: 237185836 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is Science Museum Of Virginia Foundation Inc?

The Science Museum of Virginia Foundation Inc, based in Richmond, Virginia, serves as a crucial supporter for the Science Museum of Virginia, a renowned center for hands-on science education in the state. The foundation's primary role is to fund various exhibits at the museum, both permanent and visiting, providing visitors with engaging opportunities to explore science concepts. The Science Museum of Virginia Foundation's mission extends beyond exhibit support, including organizing educational programming, digital dome planetarium and movie events, lectures, demonstrations, live theater, and summer camps. The foundation raises funds through charitable contributions, grants, capital campaign gifts, fundraising events, and investment income, playing a significant role in the museum's annual support. With a dedicated team of 8 employees, the Science Museum of Virginia Foundation contributes to the museum's mission of increasing public understanding of science and technology throughout Virginia.


Official website here: www.smv.org

Is Science Museum Of Virginia Foundation Inc legitimate?

Science Museum Of Virginia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Science Museum Of Virginia Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $162,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,894

For more financial information, click here


Official website here: www.smv.org

What is the mission statement of Science Museum Of Virginia Foundation Inc?

The Science Museum of Virginia Foundation (SMVF) serves as the private fundraising partner for the Science Museum of Virginia, a state-supported cultural institution established in 1970 with the aim of enhancing public understanding of science and technology across Virginia. The foundation raises additional support for the museum through charitable contributions, grants, capital campaign gifts, fundraising events, and investment income. The funds granted to the museum annually help sustain its programs, projects, and operations, as authorized and approved by the museum's trustees. The Science Museum of Virginia Foundation supports the museum's mission by providing resources for its interactive exhibits, visiting exhibitions, digital dome planetarium and movie events, educational programming, overnight adventures, lectures, demonstrations, live theater, and summer camps, among other activities.


Official website here: www.smv.org

Who is the CEO of Science Museum Of Virginia Foundation Inc?

Elena Edwards is the Vice President of Science Museum Of Virginia Foundation Inc.


Official website here: www.smv.org

What is the revenue of Science Museum Of Virginia Foundation Inc?

Science Museum Of Virginia Foundation Inc's revenue in 2023 was $4,469,641.


Official website here: www.smv.org

Who are the executives of Science Museum Of Virginia Foundation Inc and what are their salaries?

The average compensation at Science Museum Of Virginia Foundation Inc during 2023 was $62,051. There are 8 employees and 57 volunteers at Science Museum Of Virginia Foundation Inc.

Here are 25 key members and their salaries:

    Kinsey Peeler (Executive Director)
  • Compensation: $125,310
  • Related: $0
  • Other: $22,704

    • Patricia Murphy (Director Of Finance)
  • Compensation: $113,494
  • Related: $0
  • Other: $18,549

    • Richard C Conti (Director)
  • Compensation: $6,307
  • Related: $0
  • Other: $0

    • Robert M Alexander Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamala Arland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Aronson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Caudill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David E Cottrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Marie Elles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robey W Estes Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Alexander Kurland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John M O'Bannon Iii Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Thalhimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles S Valentine Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Whitlock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John H Wick Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Feeser (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen T Holdych (Immediate Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Q Benedetti (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elena Edwards (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sky Massey (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott D Stovall (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roby H Hackney (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry C Coleman Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smv.org

    Where can I find the form 990 for Science Museum Of Virginia Foundation Inc?

    The Science Museum Of Virginia Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.smv.org

    Learn more at the official website: www.smv.org

    Mission Statement of Science Museum Of Virginia Foundation Inc

    The Science Museum of Virginia Foundation, Inc., serves as the private fundraising partner for the Science Museum of Virginia, a premier center for hands-on science education. Established in 1970 by both the Virginia Academy of Science and the Virginia General Assembly, the Science Museum's mission is to raise the public understanding of science and technology throughout the commonwealth. As a state-supported cultural institution, the museum receives approximately half of its annual support from the Commonwealth of Virginia. The remaining support is raised by the Foundation through charitable contributions, grants, capital campaign gifts, fundraising events, and investment income. The Science Museum of Virginia Foundation, Inc., grants these funds to the Science Museum on an annual basis to support the programs, projects, and operations that are authorized and approved by the museum's trustees. By doing so, the Foundation plays a crucial role in ensuring the continued success and growth of the Science Museum of Virginia, providing an invaluable resource for science education in Virginia.

    Impact

    This information is meant to be a general summary of Science Museum Of Virginia Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Science Museum of Virginia Foundation Inc supports the Science Museum of Virginia (SMV), a premier center for hands-on science education in Virginia. The foundation helps fund the museum's permanent and visiting exhibits, digital dome planetarium, educational programming, overnight adventures, lectures, live theater, and summer camps. This support provides visitors with interactive opportunities to learn and experiment with a wide range of science concepts. The foundation plays a crucial role in raising public understanding of science and technology throughout the Commonwealth, helping fulfill the museum's mission as a state-supported cultural institution.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $685,868
  • Program Service Revenue: $640,273
  • Gross Receipts: $7,310,044

    • Assets and Liabilities:
  • Total Assets: $32,188,132
  • Total Liabilities: $2,325,247
  • Net Assets: $29,862,885
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MUSEUM MEMBERSHIP ADMISSIONS

    Revenue

    $636,222

    ALL OTHER (SMV VOLUNTEER/MISC)

    Revenue

    $4,051

    Organization Details

    Founding Year

    1972

    Principal Officer

    Elena Edwards

    Main Address

    PO BOX 11624, RICHMOND, VA, 23230

    NTEE Category

    Code: A50 - Arts

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